Luke on 2CC – Is negative gearing dead? How will it impact you and your investments?

Financial Planner Luke Smith joined 2CC Talking Canberra 1206AM in Money Matters, which aired live on Friday 27 September 2024. Leon’s out of the studio this week so Luke is joined by Nicole Overall to talk about negative gearing.

House prices and negative gearing have been making lots of headlines as the Federal Government talks about changing the rules. This week’s topic asks the question: Is negative gearing dead? And what does it mean for you and your investments? It’s a wide-ranging discussion covering property, negative gearing, capital gains tax, and more. Thank you for joining us live on 2CC, YouTube or your favourite podcast streaming service with ‘The Strategy Stacker – Luke Talks Money’.

Key topics covered include:

• Luke’s view on landlords and a population that rents
• Will the removal of negative gearing really fix the housing crisis, or will it add to it?
• The reality: Negative gearing isn’t as beneficial as it once was
• Investors deserve to get a return on their investment, even property investments
• Are there too many disincentives to generating wealth?
• Property will always be in demand in the creation of wealth – Are we too risk adverse?
• Canberra has extra taxes which is causing people disincentive to invest in Canberra property and impacting rentals
• What about the proposed CGT Tax change?
• Even property investments have risk
• What impact will grandfathering have on supply?
• People should make decisions about their own investments and do what’s right for them.

This podcast is also available on Apple Podcasts and Spotify – ‘The Strategy Stacker – Luke Talks Money’

Do you need help with investing for your future needs?

Luke as a Financial Planner can help you set up a financial planning strategy to help you achieve your personal financial goals, including investment, super and retirement. Simply make an appointment to confidentially discuss your goals. Call Envision Financial Services on 6260 4749. You can use the contact us form to make an appointment, for a confidential discussion about your situation.

Luke will return to 2CC to talk about other ‘Money Matters’ next week. You can catch up with ‘The Strategy Stacker – Luke Talks Money’ podcast at a time that suits you.

We look forward to your company again and Luke’s book Smart Money Strategy is out now.