Stage three tax changes to spur more negative gearing
John KehoeEconomics editor
Less generous tax cuts for higher-income earners and rising borrowing costs will push more people to negatively gear property, accountants and economists say.
The Albanese government will reinstate the 37 per cent tax rate for incomes above $135,000, instead of a scheduled flat 30 per cent rate for incomes between $45,000 and $200,000 under the Coalition’s previous stage three that was legislated to start in July.
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