@QuentinDempster@AlboMP@AngusTaylorMP The government are incentivizing large foreign-owned companies to build "build to rent" high rise and these companies will get huge tax concessions.
Does that sound good to you? There is a lot of money to be made and renters will be trapped just like the poor 5% deposit stooges
@QuentinDempster@AlboMP@AngusTaylorMP You really need to think harder, Quentin.
How does increasing the tax on all assets help first home buyers to buy a house?
If they have their deposit savings in shares and sell them, they are taxed more and this makes their deposit smaller.
@QuentinDempster@AlboMP@AngusTaylorMP No Quentin. Wrong. The government will still allow 10+ properties to be negatively geared on new properties. Even worse these changes encourage first home buyers to compete against investors on new builds.
CGT changes are across all assets. How does that help first home buyers?
@JacintaAllanMP Stop with the fakery Jacinta. I'm going to buy some when I go get some petrol , but if I start to associate the beanies with you, I won't.
Get lost you disingenuous cow!