PM denies prices will skyrocket under his first home buyers' scheme | Sky News Australia

While campaigning in Sydney, Prime Minister Scott Morrison has denied his plan to help first home buyers will push house prices up. The Coalition says the first home buyers’ scheme, which would allow people to buy a home with just a five per cent deposit, is not a subsidy because the government will guarantee the extra amount.

Spruiking his own housing policy in the bellwether seat of Lindsay on Monday, Mr Morrison slammed the Opposition’s housing promises. Campaigning alongside Liberal candidate Melissa McIntosh, Mr Morrison said Labor’s housing tax would be detrimental to the market because it would ‘force the value of your home down’. Image: News Corp Australia

VoteSustainable William_Bourke OMG! This is about their 3rd tweet I've seen from SkyNews that appears to be unbiased & offering alternative views! I might have to resubscribe at this rate!

William_Bourke Derr, WakeUp. The Struggle2Survive from our ancient past continues to shape society with artificial imbalances. Run a system using an imbalance, it will (need to) maintain an imbalance to continue. Everything comes from somewhere, something or someone else. Auspol

William_Bourke Scrapping negative gearing on all housing with no grandfathering would bring prices down, but there's still the problem of stready incomes to pay the mortgage. In this era of job insecurity, gig economy and freelancing there's no such thing as a fixed income.

William_Bourke Spelled out this clearly, if our current conflicted housing policy doesn't tweak one's BS detector then it simply doesn't work. auspol ausvotes

William_Bourke Crazy isn't it. No wonder we lack trust in our politicians when they try to be everything to everybody.

William_Bourke This new policy is unlikely to boost housing prices, William..

William_Bourke 👍

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Scott Morrison rules out revisiting big business tax cuts | Sky News AustraliaPrime Minister Scott Morrison has ruled out revisiting big business tax cuts following the release of a new attack ad from Labor. \n\nThe advertisements suggests that if re-elected, the Coalition will reconsider the corporate tax cuts, particularly after forming a preference deal with Clive Palmer.\n\nMr Morrison says he can ‘absolutely, 100 per cent’ rule out revisiting the policy.\n\nThe Prime Minister made the promise while campaigning in the Nationals-held seat of Cowper on the NSW mid-north coast, believed to be under serious threat from Independent Rob Oakeshott.\n\nImage: News Corp Australia\n\n\n\n\n\n\n 😂 I think I may have just seen a flying 🐖
Source: SkyNewsAust - 🏆 7. / 78 Read more »