Negative Gearing Top Tax Break
[Tuesday, May 25, 2010]
 The latest data from the Australian Tax Office (ATO) show landlords claimed $12.75 billion of net losses in 2007-08 to reduce their tax. Negative gearing by rental investors has consequently become Australia's biggest tax break.
ATO figures show a record 1.2 million investors claimed they spend more money on their rental properties than they earned from rental income in 2007-08, while nearly 530,000 investors were positevly geared.
Unlike those buying their own home, investors can use their mortgage bills to reduce tax paid on other income. One in every 10 taxpayers is now a negatively geared property investor.
Labor restored the tax breaks in 1987, saying their removal had hurt rental investment and driven up rents. Since then, the number of landlords has more the trebled from 538,000 to 1.73 million, with many owning two or more homes.
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Commercial/ Industrial Property Guide South-West Region Summer 2009
[Friday, December 04, 2009]
 Once again, we invite you to our Summer 2009 edition of the Commercial/Industrial Property Guide.
This magazine provides details of current vacancies and investments within our portfolio with a wide selection of Commercial/Retail/Industrial/Investments and Development Site opportunities.
Click the link below to view our properties available.
Link: http://www.imags.com.au/flipbooks/E_liverpool/
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