Negative gearing cut off for existing homes bought after tonight
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Source: ABC News
Published: 2026-05-12 19:32 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Politics, Tax & Budget, Property & Housing, World News
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Snippet:
Tax perks that have been used by property investors for decades to maximise profits and offset their losses will be restricted from tonight, in one of the most significant changes to the tax system in years.
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