@LiberalAus@ajamesbragg Boosting supply is the answer. This policy makes sense. Increasing borrowing capacity on the other hand will further drive up prices and decrease affordability.
@ajamesbragg Allowing people to borrow more to purchase homes simply further inflates house prices. It’s the lack of regulation of credit that allows banks to continue to increase profits and keep us up to our necks in debt for the majority of our lives.
@ajamesbragg Allowing people to borrow more to purchase homes simply further inflates house prices. It’s the lack of regulation of credit that allows banks to continue to increase profits and keep us up to our necks in debt for the majority of our lives.
@abcnews Content should still reflect the issues and values of the broader society.
The ABC wont grasp this though and will continue to create division, and lose viewers.
@abcnews ABC again not really grasping the issue.
Ive loved and listened to the ABC all my life - until recently.
There is a time and a place to talk about a republic and our dark history.
And these should both be talked about - just not in the middle of a coronation.
@abcnews Ineloquent simpletons shouldnt resort to racism. This is inexcusable.
Disappointing the ABC has become a virtue signalling, advocacy service for the left.
All good to talk about minority issues, but just not ALL the time.
@swrighteconomy@MarkMcGowanMP And lastly, as Jennifer Hewett from the AFR pointed out on Sunday, the Commonwealth has received a very large benefit from higher mining revenue from WA that far outweighs the cost of the NWOG!
@swrighteconomy@MarkMcGowanMP Secondly, without the reforms WA would receive even less than the 30% pre-2018 reforms at 10% in 2023-24.
Thirdly, other States have received billions in additional GST benefit because of higher iron ore royalties redistributed post reforms. They’ve been much better off.
@swrighteconomy@MarkMcGowanMP Hmm.. love your writing Shane, but I think you’re a bit off the mark here.
First of all, the Fed surplus is a cash surplus. The States’ is an operating surplus. Not sure that the Commonwealth Budget should set the benchmark after the financial mismanagement of the previous Gov.
@AdamBandt@AusConservation@theage Unbelievable. How about the compromise is no new coal fired power stations? Gas produces half the emissions of coal. Gas seems necessary to ensure energy security as we transition to renewables. Let’s not have another decade of climate wars.
@JEChalmers Jim, what do you think of the idea of temporarily increasing super rates as a lever to cut inflation. It would have a more proportionate impact on people’s incomes rather than raising interest rates which hits those hardest on lower incomes who invested more recently in housing.
@tim_harrap@MarcFennell What is amazing is the moral evolution of society, that democracies self reflect and progress. We can acknowledge the mistakes of the past through our current moral lense, but it does not mean that we can’t celebrate the achievements made, which led us to where we are today.
@tim_harrap@MarcFennell Is it worth asking the question what the British gave? Which country limited the power of kings? What did the British give in the form of institutions? What did they give during the WWs? Which country led the push to end slavery? Where is the balance in the discussion of history?