yeah but people from manly live there
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Lower north shore is genuinely mint, though.
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The polls do support this. Bludgtracker has the greens polling at 0.1% above last election .
But they have had 3 years of Gen Z come of voting age and more like 60%+ greens voters. The only way that works is for every new Gen Z voter there is a corresponding Gen X and Mellenial voter who has been turned off the greens. (Assuming bugger all deaths of green voters)
I see Israel politicians have asked Australia to rescind their two-state policy.
I say NO! Do whatâs right, not what Israel or the US want.
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Just a bit of subtle election interference, no doubt by invitation
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Loved Paul, Chalmers and Burnie are OK.
Hawke was not a nice person
Should tell Israel to GAGF.
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So the rumour is the LNP will offer housing interest as a tax deduction.
Probably wins the election, but no idea how you would pay for it, as it would be huge cost to the budget.
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Presumably only for owner-occupiers, right? They couldnât be mad or politically moronic enough to give out ANOTHER giant handout to residential property investors, could they?
we just need to keep subsidising demand bro
As if that wonât set house prices soaring! Especially in the Liberal electorates.
This is the real issue. We need more tradies a shiit load more of them plus incentives to build new houses
You would hope so.
For owners I can see some logic to level the playing field against investors and their existing tax breaks.
For everyone, thatâs just a tax rort that makes housing affordability way, way worse.
Surely thatâs for new home owners on new properties ? Thatâs going to stimulate new housing stock to be built
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lawry, two things
1 - that was a shtpost
b - you are describing supply
A handout would be nice
If anyone received a tax deduction is should be renters.
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Every time I click on this thread now itâs at the top of the pile on blitz.
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Itâs like they REALLY donât want the votes of anyone young.
The USA has tax-deductible mortgages (and property taxes/rates?)
Arguably this is âjustâ mass-popularising âdebt recyclingâ. If this new possibility was easier than presently with DR, itâs certainly encouraging people to un-pay/un-offset their mortgage and to spend/invest the money elsewhere (you can safely assume the majority of the population would do that to their personal detriment).
Try not to think about what it would do to the deficit.
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if interest was deductible on personal Mortgages, then Iâm probably upgrading my house.
edit: maybe not, not much currently available.
What they should do is remove Stamp duty on residential purchases. only charge it on investment property purchases. And it to to share trading on ASX for purchases over $10,000
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