nothing! but can we afford it given the the diar mess the budget is in,curtousy of Labour spending out of control.
theres no huge surplus they can fall back on,unless they can access part of the future fund.
the economy is going nowhere fast,consumer confidence is shot post gfc,the mining boom has blown up,job insecurity is high
and we have people in canberra advising aussies to have a go and take on even more debt when asset prices are high at a point when also the whole global mkts could fall of a cliff and nosedive at anytime depending what happens with greece & co and also the US quantum interest rate rises
locally they could chip away at super concessions neg gearing alike but may end up damaging the economy
robbing peter to pay paul and achieve very little.
at the end of the day,they need to raise more taxes and make some hard political decisions before the sh^t hits the fan
so in the long run the nation is more secure financially
- Forums
- Property
- Negative Gearing
nothing! but can we afford it given the the diar mess the budget...
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