‘Huge’: Rents could rise $2000 from axing negative gearing (opens original article in a new tab)

Former Treasury economist Peter Downes warns that curbing negative gearing could increase rents by up to $2000 annually for 8 million low-income individuals, disproportionately affecting single mothers, divorced older women, and university students, and is urging Treasurer Jim Chalmers to reconsider the proposal.

• Former Treasury economist Peter Downes warns that curbing negative gearing could increase rents by up to $2000 annually for 8 million low-income individuals.
• Downes argues the policy would disproportionately affect single mothers, divorced older women, and university students.
• Downes is urging Treasurer Jim Chalmers to reconsider the proposal.