Dangers of Playing with Negative Gearing

With a federal election looming both sides of politics will be keen to entice voters with a variety of policies. The benefits of the policies will be promoted and the detriments highlighted by the opposing side. Labor’s plan to limit negative gearing provisions to new dwellings only is premised on the idea that such a move will; encourage new construction, improve supply, create more construction jobs, improve affordability and raise $500 odd million over the forward estimates. These “positive” outcomes can be countered by; construction costs will rise due to shortening labour supply, supply of rental housing will plummet, construction jobs require skilled workers, property values will fall, affordability wouldn’t change much and $500 million is chump change given our current deficit.

At dG we are locals just like you. We work with you every step of the way to find the perfect property to suit your needs.
Find your new property
Not ready to buy yet? Or looking for someone to manage your investment? Our specialist property management team can assist with your leasing enquiries.
View our available rental properties
Thinking of selling your property or curious to know what it could be worth? Our experienced sales team have a wealth of local knowledge and can offer you a complete view of the current property market.
Request an appraisal

Meet the Team