Rethinking Property Tax in Australia

Today we unpack one of Australia’s hottest property topics: negative gearing. We dive into what it actually is, how it works, and why it may not be the game changer many think it is. We also explore some bold new ideas to reform the system, including an interesting proposal to simplify how property profits are taxed.On this episode, we discuss:(00:00) Intro(00:55) Should We Scale Back Negative Gearing?(02:05) Why Negative Gearing Still Dominates Investor Thinking in Australia(03:20) How Much It's Costing the Government—and Who Gains(04:55) The Overlooked Risks of Scrapping Tax Incentives(06:15) Common Misunderstandings Around Negative Gearing(08:45) Marty's Pitch for a Simpler, Fairer System(15:10) Nick's Big Reform Idea(22:35) Why No Tax Break on Your Home Loan?(24:30) The Tax Deduction That Can Cost You Later(26:00) How Gains Shrink Once Depreciation Is Factored InCheck out the free resources from Inovayt here.Send us an email: [email protected] Numbers Game is brought to you by Future Advisory & Inovayt.Hosts:Nick ReillyJason RobinsonMartin VidakovicThis podcast is produced by VIDPOD. Check out our new website thenumbersgamepodcast.com.au. Browse the full show catalogue, jump straight to specific moments on the topics you love, or leave us a voice note. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.