As someone looking to enter the housing market, Labor’s stand to remove negative gearing does nothing for me. While the system will remain, I won’t be able to access it.
This morning, Bill Shorten announced a raft of policy that alludes to his version of Australia. Scratch back the surface, however, and it doesn’t seem like change.
The more things change, the more they stay the same. In the week just gone, Donald crashed through the floor, an actor faced sexual harassment allegations and memes swept in to save us from ourselves.
What a night. Our heads were swimming with the romance of possibilities, and some of us did some things we didn’t want to do. So, who got the most out of the budget?
Despite the fact that I work in the industry that gains the most from negative gearing, I’d much rather see it gone.
Stop rubbing your hands together with glee, Laborites! For your recent victories over Manus & Negative gearing mean nothing.
Thilini Wickramasuriya uncovers a fundamental problem within the tax system and asks if it’s fair for wage earners to be taxed at double the rate of those who accumulate their wealth in capital gains.