Nearly two milllion negative gearing investors across Australia: ATO
Jonathan ChancellorDecember 7, 2020
Negative gearing property investors now total 1,967,260 across Australia, according to the ATO latest data.
That's up from the 1,895,775 in the previous tax year, 2011-12.
There were 1,811,175 investors claiming rental income in the 2010-11 year.
The ATO has a investor rental video series on working out your tax correctly.
The statistics for the 2012–13 income year were sourced from 2013 individual income tax returns processed by 31 October 2014. The statistics are not necessarily complete.
This data is not representative of the total number of properties.
Jonathan Chancellor
Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.
Tags:
Negative gearing