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When Australians prepare to sell a home, there is an increasingly common ritual: the arrival of the property stylist. Out go the lived-in sofas, the clutter of children’s toys, the too-personal family photographs. In comes a curated selection of pale…

For decades, negative gearing has been one of the great wealth engines in Australia. The strategy was simple: buy a property, rent it out, run it at a loss, and claim that loss against your salary income at tax time.…