24 / 140
24 Business View Australia - September 2015
buyers, but a legitimate deduction
and its withdrawal would cause great
losses to middle income Australians.
REIA has been monitoring the
issue of negative gearing very
closely and it has already star ted a
dialogue with government of ficials
to ensure that this essential
tax deduction is retained. Af ter
the release of the repor t titled
‘Australian Housing Investment’,
REAL ESTATE