The Reserve Bank of Australia and negative gearing

According to the Sydney Morning Herald, "The Reserve Bank has expressed concern about negative gearing and the tax concession for capital gains, saying any change that discouraged negative gearing might be "a good thing" from a financial stability perspective."

"Any change which discourages negative gearing may be a good thing from a financial stability perspective." Reserve Bank memo released under freedom of information

Read more: http://www.smh.com.au/federal-politics/federal-election-2016/election-2016-reserve-bank-worried-about-negative-gearing-capital-gains-tax-concessions-20160509-gopt4v.html#ixzz48ENdgIZ3