What Vote Compass tells us about voters' views on negative gearing

Negative gearing has been one of the most hotly contested policy areas of the election campaign — and Vote Compass data suggests it's also dividing Australian voters. Key points: A clear majority of Labor and Greens voters want to cut back investment property concessions like negative gearing However, 47 per cent of Coalition voters oppose any move towards fewer property tax breaks The idea of tax cuts for wealthy Australians is not popular, even among wealthier voters If elected, the Labor Party plans to limit negative gearing to new housing and halve the capital gains discount from 2020. Almost half of voters agree there should be fewer tax breaks on investment properties, Vote Compass finds, but 20 per cent are neutral and 29 per cent disagree. Views on negative gearing split by party Nearly half of Coalition voters are opposed to winding back tax concessions on investment property, while nearly a third would like to see fewer tax breaks. Few support tax cuts for the wealthy Vote Compass finds that only 9 per cent of voters think wealthier Australians should pay less tax, compared to 61 per cent who think they should pay more.