Birdwatch Note Rating
2024-09-27 05:37:55 UTC - HELPFUL
Rated by Participant: D37651BD7675F537283E141D8EA501E9F90074818899967B0A2BD2B0E40ECBBA
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Original Note:
Australia is not the only country to allow negative gearing. Germany, Japan, Canada and Norway all have very similar systems, with rental losses able to offset total income tax payable & unused losses able to be carried forward to offset future tax liabilities, https://hia.com.au/our-industry/newsroom/economic-research-and-forecasting/2023/08/global-negative-gearing-comparison?srsltid=AfmBOorKizXTeNH9m-2-ykPdVsgUyGkHaDESebJdWKv8Y8xj2JyTqkTC
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