Australia's largest stock trading and investment forum Australia's #1 stock forum

"It began when Howard cut CGT on housing decades ago"As clearly...

First 9 Last

Share
Profile

Follow
Andrewst10

18,776 Posts.

33

08/01/24

15:51

Post #: 71778606
Share

Originally posted by Sidonicus1: ↑

I don't expect either the red or blue team to do anything about why Australia is experiencing a global issue more significantly than other countries. Prior to COVID we were ranked 3rd in Housing Bubble risk.... then house prices went up by another 20%.

We are in the biggest housing bubble on the planet and now cannot handle a normal average interest rate of 4%. That is the root cause of our cost of living issues and why we are feeling what is happening to the rest of the world with the same financial systems more acutely. Something neither red or blue will touch with a barge pole.

It began when Howard cut CGT on housing decades ago. To be blaming it on the PM of the day of any stripe is patently absurd. Albo has no answers to it, neither does Dutton...... what are yours ?

Expand

"It began when Howard cut CGT on housing decades ago"

As clearly demonstrated and articulated by Alan Kohler recently.
3 Upvote

Reply

Top Stories

ASX Market Close: Trump tariffs paused til August; CBA falls below $300B

Listen: HotCopper Wire Podcast 016 – FY25 ended up not so bad... but Trump unpause is coming

AII

Inside the depths of Panasqueira: A legacy carved in rock

Trump chides Powell as Goldman call for calm. The RBA must be nervous

Monday's HotCopper trends: Northern Star forecast, AML3D Navy handshake | July 7

First 9 Last

SPONSORED BY