Search Results: negative gearing

  • RELIGION

    Catholic churches confront housing crisis

    • Claire-Anne Willis and Denis Fitzgerald
    • 20 July 2018
    4 Comments

    The demand for social housing and the substantial Church investment in land means that housing should remain a significant priority of the Catholic Church in Australia. It is an injustice for some to have more than enough while others lack bare necessities. Compassionate and fair leadership needs to drive social change.

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  • ECONOMICS

    Devils in budget detail

    • Gabriela D'Souza
    • 17 May 2018
    2 Comments

    There were the stories that didn't get much of a mention in the mainstream press but will net large gains for young people and new entrants to the labour market. Under the budget measure, inactive super accounts with balances of less than $6000 will have a three per cent cap on fees charged. But is this policy quite what it seems?

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  • AUSTRALIA

    Policy solutions to bonkers housing costs

    • Gabriela D'Souza
    • 06 April 2018
    5 Comments

    I was in Sydney recently, and within less than an hour of my arrival of the airport, I was thrust into a conversation about how completely unaffordable the city was becoming. 'Bonkers' was the general consensus. But how did it get this bad and what can be done to repair the current state of affairs?

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  • ECONOMICS

    Economic doom looms in Oz's game of homes

    • David James
    • 12 December 2017
    1 Comment

    It is not difficult to imagine a scenario where the game of musical chairs in Australia will come to a shuddering end, imperilling the banks and dragging the economy into a deep recession. As we saw in the GFC in America and Europe, government money will be thrown at the banks to rescue them at the expense of ordinary citizens.

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  • INTERNATIONAL

    Rights are a luxury in the age of national security

    • Justin Glyn
    • 06 October 2017
    7 Comments

    In this time of austerity I am pleased and proud that Our Glorious Leader has decided to curtail the luxuries which we had formerly enjoyed ... for our own good, of course. I refer, of course, to our rapidly diminishing pool of civil liberties.

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  • ECONOMICS

    Of murderers, bastards and inequality: neo-liberalism's failure

    • Andrew Hamilton
    • 16 August 2017
    18 Comments

    Cometh the hour, cometh the third murderer. So now inequality is in the spotlight and is being booed off the stage. It is blamed for the rise of populist politics, and more fundamentally for economic stagnation. The economic neo-liberal orthodoxy, that so implausibly claimed that economic competition unfettered by government regulation would benefit all of the citizens, has produced the gross inequality that hinders economic growth. 

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  • AUSTRALIA

    Petty political class is stunting Australia's growth

    • Fatima Measham
    • 21 June 2017
    15 Comments

    In the latest Essential poll, the primary vote for Pauline Hanson's One Nation lifted to 11 per cent. It does not bode well when competence is no longer the baseline; though in a leadership vacuum, 'someone else' holds a natural appeal. In any case, there can be worse things than incompetence. There is timidity. Mediocrity. Running up the cost of doing nothing at all. In so many ways, the Australian political class is holding us back. That is the crux of nearly every policy impasse over the past several years.

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  • AUSTRALIA

    Hope versus humiliation in the Federal Budget

    • John Falzon
    • 10 May 2017
    14 Comments

    It would be nice to believe, as the Treasurer wants us to, that better times are around the corner. But while wages stagnate and company profits surge, inequality is at its highest since the 1950s. This is not going to get any better any time soon. By 2019, the highest income earners will have received an effective tax cut of 1.5 per cent compared to all other taxpayers who will be paying an extra 0.5 per cent. For young people especially, Budget 2017 boosts inequality instead of building a better future.

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  • ECONOMICS

    Budget's bank slug flouts the property precipice

    • David James
    • 10 May 2017
    3 Comments

    The $6.2 billion the government will raise through a levy on bank liabilities not only shows how out of favour banks have become, it is also, in effect, a de facto tax on property lending - a counterbalance to negative gearing and capital gains tax breaks. It is a tax on property lending because nearly all the banks' loans are mortgages for housing, or business loans secured with property. Of course the banks will pass the extra cost on to their customers, so it becomes a tax on borrowers.

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  • AUSTRALIA

    Digital solutions to political reform

    • Kate Galloway
    • 13 April 2017
    8 Comments

    There are reasons to be concerned about the capacity of a government to govern in the current brief election cycle, and in dealing with what some describe as a 'hostile senate'. But the networked world we inhabit also calls into question the way in which politicians might be accountable to the public. Rather than focusing on changes to a system of governance derived from a different era, we should be asking what are the implications of emergent technologies on the way in which we are governed.

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  • AUSTRALIA

    'War on business' rhetoric echoes '07 union bashing

    • Brendan Byrne
    • 27 June 2016
    15 Comments

    Whether or not the person in the now notorious 'fake tradie' ad is or isn't a 'real' tradie is irrelevant. What is relevant is that it is a primary example of the co-option of the language of class struggle and economic justice that has so thoroughly poisoned economic debate in the industrialised West. Implicit within it is a patronising view of the working class that dismisses them as gullible dupes who can be made to entrench the privilege of the few in return for the paltry crumbs of consumer hedonism.

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  • AUSTRALIA

    Positivity key to the new Shorten's rise

    • J. R. Hennessy
    • 30 May 2016
    4 Comments

    Labor has built a small poll lead over the Coalition as led by the eminently more marketable Malcolm Turnbull, and in this case the commentariat are willing to give Shorten and Labor the credit. They're the ones controlling the policy conversation and setting the agenda, and it feels like the government are just responding in turn. Who is this Bill Shorten? This is someone who even a few months ago would be largely inconceivable in the top job, but now seems at the very least plausible.

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