Our buying and ownership of housing is tax driven: -Investment properties : Negative Gearing: -Family home exempt from the Aged pension and other asset tests -no death duty on family home.
We need an Australian Owned policy in areas of natural resources, telecoms & electricity generation & distribution for our national security sake.
This week a Chinese hi-tech vessel is charting the submarine channells odd West Australia . These passages along East Timor, Indonesia and to the Straits of Malacca have been already charted by the Chinese. In the event of a US'China war, we have to be now firewalling ourselves economically by diversifying our exports & imports by processing more iron ore, alumina and base metals ; in essence, by putting Australia First.
