Essential Report

Approval of changes to negative gearing

Mar 8, 2016

Do you approve or disapprove of changing negative gearing so that, for future purchases, investors can only claim tax deductions for investments in newly built homes?

  Total   Vote Labor Vote Lib/Nat Vote Greens Vote other   Own home Own with mortgage Rent Property investor   Feb 2016
Total approve 35%   47% 32% 37% 33%   36% 32% 43% 31%   37%
Total disapprove 39%   28% 52% 31% 49%   43% 44% 25% 58%   32%
Strongly approve 10%   14% 8% 7% 14%   12% 7% 11% 9%   19%
Approve 25%   33% 24% 30% 19%   24% 25% 32% 22%   18%
Disapprove 25%   19% 31% 24% 33%   24% 28% 19% 29%   18%
Strongly disapprove 14%   9% 21% 7% 16%   19% 16% 6% 29%   14%
Don’t know 26%   26% 16% 33% 18%   20% 24% 32% 11%   31%

35% approve of changing negative gearing so that, for future purchases, investors can only claim tax deductions for investments in newly built homes and 39% disapprove. This is a 7% increase in disapproval since this question was asked 2 weeks ago.

Those most likely to approve were Labor voters (47%) and renters (43%).

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