MacroBusiness has today shredded in detail ACIL Allen Consulting’s fatally flawed report for the property industry which favours the negative gearing of investment property.
Seems you can get people to write anything if you pay them enough? Or, maybe all their mistakes were quite innocent? 🙂
Either way, the report is wrong. Oh, and about that “$10,000 extra rent if negative gearing were to be axed“? So wrong! Grrrr!