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Showing posts with label capital gains. Show all posts
Showing posts with label capital gains. Show all posts
Monday 21 May 2018
The Turnbull Government has the solution to its poll number blues already at hand - but will it act?
By the time
of the 2016 Census there were 200,000
more homes sitting empty across the country than there had been a decade ago.
An est. 11.2
per cent of residential properties were unoccupied, up from 9.8 per cent in
2006.
There is currently an
artificial scarcity of residential housing in this country which governments seem intent on ignoring.
Similarly homelessness
has increased in Australia and rental
accommodation is frequently beyond the financial reach of many people whose
sole income is a Centrelink pension, benefit, allowance or payment.
It has been
reported in 2018 that 250 people are turned away from crisis centres across
the country every day.
Again,
governments are not paying enough attention to the social and economic costs to
their own budgetary bottom line this growing problem will cause.
The latest Newspoll
published on 13 May 2018 was conducted from Thursday 10 May to Sunday 13 May
with 1,728 survey respondents.
It shows
the Lib-Nat Coalition’s primary vote standing at 39% to Labor’s 38%. However the Coalition trailed Labor
49 to 51 on a two-party preferred basis, with that margin the coalition's best
position since September 2016.
That is the
32nd Newspoll in a row where the Labor Opposition was ahead of the
Turnbull Government on a two-party preferred basis.
If Turnbull
& Co really wanted to turn primary and two-party preferred polling numbers
around they would announce some substantial new policy measures in the months following the 2018-19 Budget.
The phasing out of negative gearing of investment properties over a ten year period, reforming capital gain provisions and creating more tied
grants for social housing would be a good start.
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