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Middle Australia earns $100,000 and has a negatively geared property? Not true

  • Writer: Alinta Smith
    Alinta Smith
  • Jul 21, 2020
  • 1 min read

The latest taxation statistics, released last week by the ATO, reveal just how skewed the political narrative is towards those on high incomes and how negative gearing continues to mostly benefit those who earn well above median incomes.


This Thursday’s economic statement will, as with most budgetary announcements, come with plenty of talk about middle Australia. And the government will be desperate to pretend that someone earning around $100,000 a year is on a middle income, despite that being nearly double what half of Australians earn.






 
 
 

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