With much debate in this election year about whether to scrap negative gearing to boost the federal budget, we thought it timely to look at the tax implications of property ownership in Australia.
This result was widely predicted with many experts tipping the RBA would lower the rate to provide some stimulus for the economy following last week’s disappointing CPI numbers. Amidst the dramatic U.S. election campaigns of Clinton vs Trump, a turbulent market in the EU following Brexit and the Turnbull government…