Matt Grudnoff
👤 SpeakerAppearances Over Time
Podcast Appearances
And if they sell up, obviously first home buyers are going to be able to buy those properties.
I think there was a lot of impetus for change in 2016 and 2019 when Bill Short took to both of those elections.
And then Labor got cold feet on it because they lost the election.
I would argue that wasn't the policy that lost them the election.
But, you know, regardless, they got cold feet on it.
But I think the big problem is the housing crisis just keeps getting worse.
And more and more people are either locked out of the housing market and really upset about it,
Or they know people.
They're worried that their kids won't be able to get into the housing market.
They're worried their grandkids won't get into the housing market.
And they're looking around and they're saying, well, you know, why should we be helping investors buy their second, third, fourth, tenth, fiftieth property?
Shouldn't we be helping first home buyers?
Well, this is an interesting one.
There aren't any changes.
So while we've got rumours on negative gearing in the capital gains tax discount, we haven't heard anything about a tax on gas exports or a change in the way we tax resources.
This has come about because people are basically really upset that basically the gas industry is ripping us off.
We look around the world and we see so many countries, Norway, the UK, Qatar, Saudi Arabia, the list is really long, who tax their gas industry and their oil industry properly.
And Australia basically gets ripped off.
We give away more than half our gas for free.
And the very super profits tax that's supposed to take advantage of periods like when Russia invaded Ukraine and the gas price went up.