- 2 April 2016
Tampering with Negative Gearing will Threaten Wealth Creation
Negative Gearing tampering will be the single biggest threat to wealth creation and the chances of becoming a self-funded retiree, not a pensioner on $325 a week! We know the Labor party want to limit the negative gearing process to just new properties. It was also a rumour that the Liberals, while they will allow it on existing as well as new properties, will limit the dollar amount that you can transfer off your existing income to just $20,000. This will limit your property accumulation to just two properties...
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