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Prime Minister Tony Abbott has ruled out changes to negative gearing, saying the government does not want to kick off the tax reform debate with increasing taxes.
Asked whether he would rule out changes to negative gearing, following an Australian Council of Social Service (ACOSS) report that called for the tax break to be restricted, Mr Abbott said: "Yes".
Read more at the Sydney Morning Herald
Naturally that comes as good news for the ears of existing and would be property investors..
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