Sure is only the start!
From year 2000, roughly 53bn per year has been given via govt grants and negative gearing.
So that's 10 years off gain, wonder how long the pain will be, time will tell as always, will probably drag out..
Take awhile to pay back over 1 trillion in debt ?
I have noticed car sales now offer 1% interest rates on new cars, last year they were still high 5% odd or so, now its like the US on new car sales.
New car on that mortgage there son?
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