Retirement income and savings policies could be deciding factors in this coming federal election. Forty-eight per cent of the seats in parliament have a median voter age of 50 years or older.
Tagged: Chris Bowen
Labor's problem is this. If abolishing negative gearing is to improve housing affordability it has to decrease prices. But if it decreases prices it decreases the savings of all home owners.
Chris Bowen claims Australian property "concessions" are the highest in the world, getting it wrong twice in the same sentence.
This morning Bill Shorten admitted on ABC Radio’s AM program that Labor’s negative gearing policy would not achieve its headline goal as a “Positive Plan to Help Housing Affordability”.