Mr Eslake says this underscores the importance of negative gearing to the wealthiest investors and scuppers the argument that it is predominantly used by "mums and dads trying to get ahead".

"To which I always ask, ahead of whom?" Mr Eslake says. 

"The answer — their own children and grandchildren, or their children's and grandchildren's peers."

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https://www.abc.net.au/news/2025-08-09/interest-rates-smashed-mega-landlords-few-sold/105615242?utm_source=mastodon