Posts Tagged ‘Scott Morrison’

rsimeon

Property debate is barking up the wrong tree

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It is only when politicians enter the property debate that we get a clear position on just how very little they actually know about this topic. Whilst encouraging that they want to participate in this highly contentious debate one would expect that they also may do some research. The real reason why they are now jumping (or falling) into this debate is that internal polling has clearly identified this as becoming a significant electoral issue.

Yes, one of the remedies is supply, as the politicians have identified, although they are comprehensively wrong on this issue. The real reason as to why we are witnessing record property prices is because we have … more »

rsimeon

Times change, sadly politicians haven’t


We would all love a dollar every time the words “tax reform” have been mentioned over the past decade with countless inquiries and white papers presented where no reform ever eventuated. So it was most interesting to see Prime Minister Malcolm Turnbull and freshly appointed Treasurer Scott Morrison flagging tax reform, income tax cuts and housing affordability again, much like that broken record of their many predecessors.

Yes the Australian economy has its fair share of problems much like the rest of the developed countries across the planet where the common problem is that they are their own worst enemies. The last major tax reform in Australia was the introduction of … more »

rsimeon

Property markets brace for hysteria and usual faux pas

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If some people think a declining clearance rate is a solid key performance indicator for our real estate markets they are badly mistaken as research identifies that the markets remain 60 per cent private treaty and 40 per cent public auction. Clearance rates are in my opinion more a mood indicator as to consumer confidence levels and not much more, although some commentators would have you believing they are the be all and end all.

If we are to better understand the intricate machinations of what is happening in our demographic markets I would like to see the property portals thinking in greater detail. For example, when a property appears on … more »