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Negative gearing is back in the news with reports that the Albanese government is investigating making changes to it to tackle the housing crisis. But what is negative gearing, as it now stands? What Is Negative Gearing? Negative gearing starts when you incur a loss from an investment property. You can offset this loss against your salary, and hence pay less tax on the money you earn.
You can’t find a tenant — if a tenant moves out and your property remains vacant for too long, your cash flow and gearing will be affected. You can’t make loan repayments — if your current income falters, you may struggle to repay the investment loan if your property is negatively geared. There is the potential for tax laws to change. Negative gearing was an election issue back in 2019, so there is a chance the laws could change. If you’ve invested heavily, it could hit you hard.
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