Negative gearing helps investors but the home owner receives substantially more benefits. Nevertheless, for both of them, housing over the last 5 years was a great investment - far better than the superannuation they are forced to contribute to.
Articles from En Passant
Mr SHORTEN (Maribyrnong—Leader of the Opposition) (19:31): This is a budget and a government that wants to bury its past and rewrite its history. The Liberals want Australians to forget four wasted years in which wages growth has hit record lows, unemployment is up, underemployment and casualisation are at record highs, living standards have stagnated,...
Politically it is brilliant, redolent of the Menzies’ method of stealing your opponent’s clothes. Economically it is a disaster, although it does deal with the debt situation, but at a cost.
What this Budget does for:
(a) the environment – nothing
(b) jobs – nothing
(c) falling real wages – nothing
(d) job insecurity – nothing
(e) homelessness – nothing
(f) housing affordability – nothing
(g) poverty – nothing
Barbie Robinson interviewed me about my book of poetry, Songs for the Band Unformed. It will be played on WriteOn on ArtSound this Wednesday 10 May between 3.30 and 4 pm.
You can listen online to it here then.
Here is a still from Labor’s ‘Aussie jobs’ ad.
Notice anything about it? There is a homogeneity to the ad. And yes, I know one of the people in it appears to be of Asian heritage. So what? She looks like the token non-white you have when you want to give a whites only impression.
I am in the process of finalising my second volume of poetry. Any suggestions for a publisher who might be interested? It is a mix of personal and political.