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Negative gearing

28 Feb 2017

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 May 2016
Total approve 44%   34% 62% 30% 41%   41% 43%
Total disapprove 35%   45% 23% 57% 39%   37% 36%
Strongly approve 16%   10% 23% 8% 20%   13% 14%
Approve 28%   24% 39% 22% 21%   28% 29%
Disapprove 18%   21% 14% 23% 23%   23% 22%
Strongly disapprove 17%   24% 9% 34% 16%   14% 14%
Don’t know 21%   21% 15% 13% 20%   22% 21%

 

44% approve of negative gearing and 35% disapprove. This is much the same result as when this question was asked in May last year.

Those most likely to approve were Liberal/National voters (62%) and those earning more than $2,000 per week (60%).

45% of Labor voters, 57% of Greens voters, 44% of those aged 55+ and 50% of those earing $600-1,000 per week disapproved.

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