Scott Morrison says negative gearing rules will stay
At a meeting of state and federal treasurers on Friday, Scott Morrison said negative gearing would stay. He also outlined new ways to attract private investment into affordable rental housing.
Looking purely at rental yields, Adelaide is leading the pack achieving an average yield of 4.2%, Sydney is yielding 3.5% and Melbourne investors are seeing an average return of 3.3%, writes Suzannah Toop.