Ending negative gearing on property investments remains in the politically too-hard basket, but Labor governments around the country have been taking the sword to property investors.
Rather than dealing a fatal blow – and scrapping negative gearing would undoubtedly be one – it’s more a case of death by a thousand cuts, all combining to kill off investing in property for yield.
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Michelle Bowes writes about wealth from our Sydney newsroom. She has more than 20 years of experience as a business journalist and is the author of Money Queens: Rule your Money, an award-winning personal finance book for teenage girls. Email Michelle at michelle.bowes@afr.com
