If National wins ...

[Sgt Pepper]

From an article on what John Key could learn from the Liberal epic failure in the Australian elctiom

"The hard-to-like Bill Shorten, on the other hand, actually had sensible policy that resonated with many. Shorten even stole some of Turnbull’s sensible ideas, such as removing negative gearing on investment properties"

If John Key sniffs the political wind and detects any prospect of failure next year, he will bail.

[fungus pudding]

From an article on what John Key could learn from the Liberal epic failure in the Australian elctiom

"The hard-to-like Bill Shorten, on the other hand, actually had sensible policy that resonated with many. Shorten even stole some of Turnbull’s sensible ideas, such as removing negative gearing on investment properties"

If John Key sniffs the political wind and detects any prospect of failure next year, he will bail.

Nonsense stuff. What does removing negative gearing mean? Banning it?

[Sgt Pepper]

Nonsense stuff. What does removing negative gearing mean? Banning it?

FP
I am surprised I thought you would be an admirer of the Australian LIBERAL party. John Key is.

[fungus pudding]

FP
I am surprised I thought you would be an admirer of the Australian LIBERAL party. John Key is.

You shouldn't be suprised that i dont know what removing negative gearing means?
You don't either. Nobody does.

[777]

Negative gearing according to Wikipedia

https://en.wikipedia.org/wiki/Negative_gearing

[fungus pudding]

Negative gearing according to Wikipedia

https://en.wikipedia.org/wiki/Negative_gearing

We all know what negative gearing means. What I don't know is how you 'remove it'.

[Daytr]

National's $1Bln infrastructure debt policy is a drop in the bucket of what is required.
Its a cunning plan to divert the debt to councils and rate payers.
The government creates the problem, but blames others being councils for not solving it!
This BS that the level of immigration is due to Kiwis not leaving is getting tired.
Hello people not leaving is not immigration, its people entering the country.
Turn down the level of immigration!
We are not coping and it is creating a housing disaster.
When the housing bubble bursts its going to wreak havoc on NZ and be left for someone else to clean up.

[777]

We all know what negative gearing means. What I don't know is how you 'remove it'.

Easy. Don't allow the negative figure to be deducted against other income.

[fungus pudding]

Easy. Don't allow the negative figure to be deducted against other income.

That's removing deductibility, or taxing on turnover rather than profit. That brings in a huge set of problems. Anyway it's far different than 'removing negative gearing'.

[RGR367]

Easy. Don't allow the negative figure to be deducted against other income.

If that's the case, then someone who is still employed would never dare start a small business on the side? I'll vote against any political party with that policy and/or guideline.