@SkyNewsAust I am not a labor supporter. FYI the vast majority of negative gearing is done against homes that have already been built and sold. This does not incentivise building new homes, it just concentrates existing homes into fewer hands.
Time to put Australia First.
Foreign ownership of agricultural land, residential land, water rights and Infrastructure will be banned by People First.
Our forefathers legacy has been sold down the river by successive Australian governments who have allowed foreigners to buy up our critical assets.
Furthermore, foreigners receive numerous tax breaks that Australians donβt such as Capital Gains Tax exemptions on the sale of water rights.
If you want to stop the rorts when it comes to foreign investment in Australia then vote for https://t.co/PeAaJW2pjF
@AvidCommentator They know. They don't care. They are doing this intentionally to the vulnerable. They are importing labor voters and enriching themselves. That much is clear.
The housing crisis is not an accident, it's an accepted consequence of considered political decisions.