With many economic indicators over the past few years showing a downturn as Alan Austin has pointed out, it interesting that growth in the economy is a mantra for the conservatives. The LNP government’s assertions inherent in their three word slogan of “Jobs and Growth” presumes we are experiencing these in certain quarters. Let us […]
June 2016
Negative Gearing
Private debt in Australia has escalated beyond the $2 Trillion mark shooting past Australia’s GDP of $1.6 Trillion by 123%. Housing affordability is reaching crisis levels driven beyond the budgets of many Australians, by negative gearing and capital gains concessions. In fact, we have just bypassed Denmark (the previous first placeholder) to hold the prize for […]