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The Guardian - AU
The Guardian - AU
Business
Amanda Meade

News Corp warns millions of renters ‘crucified’ as Murdoch papers fan negative gearing hysteria

Murdoch News Corp John MacDonald Tony Armstrong Anthony Albanese Bruce Lehrmann Michael Lee AFR Andrew Bolt Erik Jensen
Prognosis negative: News Corp’s coverage after it was suggested Anthony Albanese was considering changes to negative gearing
Prognosis negative: News Corp’s coverage after it was suggested Anthony Albanese was considering changes to negative gearing. Composite: realeastate.com.au/Daily Telegraph/news.com.au

If you believe the Murdoch tabloids, any change to housing policy would result in millions of Australians being “crucified”. If that wasn’t scary enough, there was this warning: “The whole economic system will fall apart”.

It all started with a scoop in the Sydney Morning Herald which revealed the government had asked Treasury to model potential changes to negative gearing concessions.

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