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Housing affordability continued to decline in the December quarter last year. This is mainly due to a strong increase in property prices in most cities, although it was only moderate in Australia’s largest market, Sydney.
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.
The cost of new generation to electrify the entire transportation system alone will be 12 times the investment in the NBN.
The Queensland parliament sits less time than any other parliament. What are they trying to hide?
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