Fair go?
Your own Treasury says house prices fall just $19,000, less than the stamp duty first home buyers pay on the same house.
35,000 fewer homes built. Investors steered to new builds, bidding against first home buyers. 7,500 owner-occupiers a year vs 245k migrants.
Read your own papers, Albo.
@Peter_Fitz “Good budget” broken CGT/negative gearing promise, 5% inflation forecast, $1 trillion debt, $250 tax cut arriving in 2028, 245k migration in a housing crisis. The Sydney commentariat’s bar for good is doing some heavy lifting, Peter.
@MurrayWatt $833 billion in spending. $1 trillion debt. 5% inflation peak forecast. 245k migration during a housing crisis. And your headline is “$250 a year arriving in 2028.” Read the room.
@RizviAbul Climate 200 raised $6.6m last cycle from Cannon-Brookes, Farquhar and friends to fund Teal candidates. Funny how that’s never a “fashion statement,” Abul
“It’s the Iran war.” OK. So why is Australia 4.6% and Japan, which imports more oil per capita than Australia, sitting at 1.5%? Four years of Labor is the difference. #auspol
@AshPolitik “Thanks Trump”? Trimmed means been glued at 3.3% for four months, Ash, long before the war. Housing +6.5%. Stop outsourcing Chalmers failures to Washington mate.
@MurrayWatt Says the Senator whose party is eyeing a 27% death tax on battlers’ family homes. Easy choice between a plane and losing your inheritance, Murray
Message to Jim Chalmers:
Stealing from people's home-ownership profit, investment portfolios, superannuation, and income tax does not 'solve intergenerational wealth gaps'.
It means parents have nothing left to give their kids - because the government took it all.
It means young people have no reason to buy a house or invest in shares - because they know the government will take it all.
And it means the retirement plan forced upon them by the unions will be gone before they die - because the government wants to take it all.
Labor is CREATING INTER-GENERATIONAL POVERTY.
@MRobertsQLD Incredible. They used a bill designed to fix Robodebt to quietly introduce Robodebt 2.0. No scrutiny, no oversight, AI issuing debt notices automatically. We haven’t learned a thing
@BiancaColecchia@theage Turning off comments isn’t journalism, it’s a white flag. The Age doesn’t want a conversation. It wants a monologue. There’s a word for that.