Election Time Again!
September 4, 2019
Once again we will all be marching off to the polling booths to elect our representatives and Senators for the Federal Parliament.

It appears that the current coalition government are proposing to leave the negative gearing and capital gains tax as they are currently. The opposition are stating they will make a number of significant changes in these areas.

Leaving things as they are is good news indeed for property investors. Private property investors provide a most worthwhile service to their community by providing rental accommodation for a very large part of the population. There is always around 30% of community members who rent at any given time. Governments cannot possibly meet this huge demand with public housing alone.

Investors deserve to be rewarded for the service they provide. Not only is the rental income important, but the eventual sale at a profit is essential when the time comes.