Frydenberg warns against Labor's negative gearing policy | Sky News Australia

  • 📰 SkyNewsAust
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 78%

Entertainment Entertainment Headlines News

Entertainment Entertainment Latest News,Entertainment Entertainment Headlines

Treasurer JoshFrydenberg is warning against Labor’s plans to scrap negative gearing after new data reveals the number of loan-approved first home buyers has hit its highest level since 2011.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

JoshFrydenberg It’s got to go

JoshFrydenberg Keating tried in, realised his mistake and reversed it. I worked in finance at the time. It had an immediate and disastrous impact.

JoshFrydenberg Well negative gearing is nothing to do with first home buyers, Josh is even dumber than Scott Morrison

JoshFrydenberg Or to put another way Frydenberg has no plan to sensibly address housing affordability and the government's only policy is 'blame Labor'.

JoshFrydenberg Of course he is.

JoshFrydenberg Clueless

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 7. in ENTERTAİNMENT

Entertainment Entertainment Latest News, Entertainment Entertainment Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Labor's negative gearing plan 'disastrous' for economy: Frydenberg | Sky News AustraliaFULL MEDIA CONFERENCE: Treasurer Josh Frydenberg says data from property group CoreLogic is a ‘warning against’ Labor’s negative gearing policy.\n\nCoreLogic's figures show Sydney house and apartment values are down 11.1 per cent from its July 2017 peak, while Melbourne’s property market has slowed 7.2 per cent since it peaked in November 2017.\n\nLabor plans to restrict negative gearing to new homes and reduce capital gains tax concessions if it wins the next federal election, claiming the policy will raise $32 billion over the next decade.\n\nTreasurer Frydenberg says Labor’s policy is ‘ill-suited to the times’ with house prices falling.\n\nHe says if Labor implement its policy, it will be ‘disastrous’ for the broader economy.\n PeterGleeson63 billshortenmp 😂😂😂😂😂😂😂😂 PeterGleeson63 billshortenmp Bill appears to condone domestic violence. Waiting for him to condemn the CFMEU ohthehypocrisy PeterGleeson63 billshortenmp Don’t underestimate the boats issue. When we are closer to the date people will give both parties more serious thought
Source: SkyNewsAust - 🏆 7. / 78 Read more »