Essential Report

Approval of negative gearing

Mar 8, 2016

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   Own home Own with mort gage Rent   Property investor
Total approve 41%   34% 55% 27% 41%   47% 47% 30%   65%
Total disapprove 37%   47% 29% 46% 43%   38% 34% 44%   27%
Strongly approve 13%   8% 21% 3% 16%   19% 15% 5%   33%
Approve 28%   26% 34% 24% 25%   28% 32% 25%   32%
Disapprove 23%   27% 22% 21% 25%   23% 23% 26%   19%
Strongly disapprove 14%   20% 7% 25% 18%   15% 11% 18%   8%
Don’t know 22%   18% 16% 28% 16%   15% 20% 27%   9%

41% approve of negative gearing and 37% disapprove.

Those most likely to approve were Liberal/National voters (55%) and families with property investments (65%).

47% of Labor voters, 46% of Greens voters and 44% of renters disapproved.

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