Chris Bowen (McMahon, Australian Labor Party, Shadow Treasurer) Share this | Hansard source

My question is to the Treasurer. On Friday the Treasurer said:

What negative gearing is is the ability for you to deduct what is a business expense against a business income.

Does the Treasurer realise that that is not actually negative gearing? Is the reason why the Treasurer refuses to reform negative gearing that he does not know what it is?

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