Huge warning sign for Australian economy, page-68

" The breakdown of the inflation figures suggests people are really tightening their belt. "

Here in WA, its the most mortgage stressed state in the country , after the mining boom and the GFC.
Now if we hadn't had negative gearing ( which drives up house prices ), would WA still be so mortgage stressed?

I suggest probably not.

For Christ sake, even sloppy joe in his valedictory speech suggested knocking Neg Gearing on existing housing on the head.

Labor adopting ex lib treasurers economic ideas , how radical?, not really.

But even further on sloppy , the end of entitlement is now , really?, a little wheat town arcs up and wants some money to " save a school for 27 students ", WA Labor government says " no ", federal lib government coughs up a lazy $ 10 million , don't you believe it, entitlement is alive and thriving.
And Marwick , calls it people power , bloody stupid, and yet this small wheat town forgets it was fed labor that gave them more money in their skyrockets when it removed the single wheat desk bargaining board .

Raider