A few thousand dollars in tax deductions today will save the government hundreds of thousands of dollars in welfare down the track. What’s not to like?
The gap between what investors receive in rent and spend in mortgage repayments is widening,in some areas by more than $1600 a week.
Melbourne rents have jumped,but mortgage costs in some areas have soared by hundreds of dollars more per week.
Housing is a human right. Come on,PM and premier. Think outside the square. It’s time for nation-building by real Labor governments.
Liberal leader Peter Dutton has admitted his party’s tax plans will be hamstrung by the budget and economy,as the Greens press for negative gearing changes.
The Nationals need to put some of their old bulls out to pasture,be part of the solution for the regions,or risk becoming a party of irrelevance.
The former premier also said NSW should be funded by the Commonwealth to pay for the “lazy economic Ponzi scheme” of immigration.
The issue is a potential test for the government after it broke its election promise to keep stage 3 cuts in their original form,raising questions about other tax pledges.
As the Coalition argues the government cannot be trusted on income tax changes,independent MPS and a former Labor luminary are encouraging an examination of the entire tax system.
The new analysis comes as the federal government launched the first round of tenders for funding through its $10 billion Housing Australia Future Fund.
Experts are in furious agreement:Australia needs tax reform. So why aren’t the major political parties talking about it?