It's the story of Zaki Ameer who owns 15 negatively geared properties. Ameer makes the argument that Labor's new proposal to place restrictions on negative gearing would lead to ~mass panic~ of Australia's all-powerful property investors.

"Investors buy properties in run down areas and improves them. This creates construction jobs and rental accomodation. The Labor plans would really scare people. My clients are freaking out," he told the AFR.

tl;dr negative gearing is a big government tax scheme that allows people to use losses on home investments to reduce their income tax bill. Labor has laid out a plan that would mean Australians could only "negative gear" on brand new homes.