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Any policy decision needs to recognise who is affected by a change. It pays to check the data on who pays taxes, who owns assets and who earns the income to ensure an equitable and efficient outcome.
Direct investment in a commercial property often comes with unique risks not associated with a diversified portfolio, such as the exposure to a single tenant and special lease conditions.
The majority of Australians using negative gearing earn less than $80,000 a year, and it's part of a long term wealth creation strategy that should be encouraged, especially with such uncertainty about pensions and super.