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ABC

Polling by a Labor-linked firm shows less than half of voters back the idea of restricting negative gearing, as the federal government gives its strongest indication it will not attempt to reform the policy.

A survey of 1,000 people provided to the ABC and conducted by the firm Talbot Mills, which has previously done work for federal Labor and NZ Labour, shows there is fair support for changes to negative gearing and the capital gains tax discount, which can in combination give a substantial tax benefit to property investors.

But both ideas were less popular than policies to release more land for development and to give more money to first home buyers.

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