1.3 million Australians negatively gear investment properties

Labor hits back against Coalition 'bald face lies' on negative gearing changes

Shadow treasurer Chris Bowen has dismissed the latest analysis, based on Tax Office data.

Labor has dismissed federal government analysis showing the highest concentrations of negatively geared properties are in opposition-held electorates, accusing Treasurer Josh Frydenberg of lying about its policy.

Tax Office data showed about 1.3 million Australians negatively gear investment properties, including about 640,000 who live in Coalition-held electorates and 570,000 in Labor-held seats.

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1.3 million Australians negatively gear investment properties