This example shows that even when an investor has only owned and rented a property for a few weeks of the financial year, the deductions claimed from depreciation can still make a significant difference for the investor.
If stamp duties are abolished the forgone revenue will need to be replaced by a higher GST, as advocated by REIA, or by a land tax which was advocated by the Henry Review.
Closing the gender pay gap is another important policy setting that the Government needs to look into given Australia currently has the largest gap in the last 20 years.
It's great that tax reform is high on government agendas around the country, but the fear is constructive dialogue will be ultimately lost in a jurisdictional and party political talkfest.
