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Approval of negative gearing

3 May 2016

Q. Do you approve or disapprove of property investors receiving tax deductions if the cost of buying and maintaining their investment properties is more than the revenue they receive from them (called negative gearing)?

Total Vote Labor Vote Lib/Nat Vote Greens Vote other March 2016
Total approve 43% 37% 59% 28% 33% 41%
Total disapprove 36% 42% 28% 50% 49% 37%
Strongly approve 14% 12% 21% 6% 13% 13%
Approve 29% 25% 38% 22% 20% 28%
Disapprove 22% 24% 19% 27% 34% 23%
Strongly disapprove 14% 18% 9% 23% 15% 14%
Don’t know 21% 20% 12% 22% 17% 22%

43% approve of negative gearing and 36% disapprove. This is much the same result as when this question was asked in March.

Those most likely to approve were Liberal/National voters (59%) and those earning more than $2,000 per week (59%).

42% of Labor voters, 50% of Greens voters and 45% of those earing $600-1,000 per week disapproved.

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