All would be negative geared,(the other piece of carp that the government bought in that has allowed "rich"
"investors" to claim tens of billion of dollars in tax).
With over 50% of that figure going to the ones that are considered rich to start with.
Which cost the average wage earner $310 in tax each in 2013/14
It was to "boost" the economy and make it easier for lower income earnings to get into property investment and
have more places available for rental.
All it's done is raise the prices of the houses so that lower income earners can't afford them and they have to
rent,(which has forced up the rentals where people are once again struggling to pay those high rents).
So as per usual it's a government plan for the rich to get richer and for government employees to take
full advantage of that as well.
It should have come in as income based so that the lower earning public could actually get into housing
and it would've brought billions of dollars into the tax office that is currently given to the high earning
investors,(IMHO it's another rip off of the "public purse" ).
