An ALP victory in the upcoming federal election would fail to deliver a substantial change in the fortunes of home buyers, according to the head of one of the country’s top buyer’s agencies.
He added that the upcoming election was different to the last one in that Labor’s proposal to scrap negative gearing was no longer on the table.“The 2019 election defeat was a shock for the federal opposition, and this was clearly reflected in the decision to drop its previously promoted reforms to negative gearing and capital gains tax,” Mr Wargent said.
“These policies will likely make a difference to housing affordability at the margin, and in specific cases, such as for certain key workers, but generally speaking it’s the policies targeting demand which tend to have a bigger impact on affordability, rather than measures taken to build new supply,” Mr Wargent said.
A change of government will STOP THE MORRISON GOV FLOODING AUSTRALIA WITH HUNDREDS OF THOUSANDS OF FOREIGN WORKERS TAKING JOBS & LOWERING WAGES..WHILE NOT TRAINNG AUSTRALIANS AND DELIBERATELY DESTROYING THE TAFE AND UNIVERSITY EDUCATION AND TRAINING OF AUSTRALIANS
No because he's too soft to go for capital gains exemptions. He has vowed to reduce immigration which has got property folks spooked
AffordableHousing affordableprivaterenting affordadablemortgages Sydney all states in Australia pensionersareprivaterenters as well , wages pensions have not gone up , coronavirus has not helped government doesn't seem to care pricehikes petrol food etc AlboMP
Albo’s bookie win odds are down to $1.48. Looks like he can start measuring the Lodge for new curtains now. Albo has been in politics since leaving Uni. Both parties are short of talent. Whoever wins, won’t make much improvement on a number of issues.
AlboMP will fix it easy peasy he isn't all talk and the labour party are always great with our finances auspol History