" 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
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