Housing market will crash if Labor wins election: Morrison | Sky News Australia

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.JoshFrydenberg: there are negative implications to Labor's new 'property tax.' MORE: sharrimarkson

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BGottliebsen With great excitement I saw the new PM taking the role from the most destructive political figure in recent history of the Western world. However, Scott Morrison is failing the pub test big time, Denouncing 'it is OK to be white' and sending the enemy of Ausies to represent AUS

BGottliebsen So it is OK for the Big Banks to steal money from the sick, the dying and the dead (and the widows of the dead) since any justice for the victims would cause a fall in house prices? BGottliebsen go and F**K yourself BanksRC

BGottliebsen Yes let’s let them back off the leash...that won’t affect any consumers...

BGottliebsen In other words, we're going to go back to where we should really be, rather than this inflated illusion ran by criminals. Don't be afraid of reality.

BGottliebsen Halloween is early on

BGottliebsen what a load of B.S ,house prices will fall as theyre over inflated already and interst rates will go up ,house prices will fall ! Remember the 1980s ,and countries are in so much debt ,theyve allowed people to borrow above their limits

BGottliebsen God forbid housing becomes in anyway affordable for those of us who weren't lucky enough to ride the bubble.

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Labor and The Greens have suffered similar disappointment: Morrison | Sky News AustraliaFULL MEDIA CONFERENCE: The Prime Minister is working to soften the blow of the result in the Wentworth by-election.\n\nThe Liberal Party has suffered a tremendous backlash in the Sydney seat after losing its grip on the blue-ribbon electorate for the first time in 127 years.\n\nIndependent Kerryn Phelps will now go on to fill the seat made vacant by Malcolm Turnbull when he was deposed as Prime Minister.\n\nScott Morrison says while there is a significant backlash against the government, voters must acknowledge that Labor and The Greens have also bled votes in the community.\n\nImage: Kym Smith \u002F News Corp Australia\n\n\n\n\n Who cares what the base thinks Peta! This woman is disgusting! The ROT started when her lover was axed. She is the worst! Sky news goes full town crazy from 6pm and she is the evil witch. She was a FAILED chief of staff and is a FAILED commentator because she has no idea. And she only got her job cos who she roots
Source: SkyNewsAust - 🏆 7. / 78 Read more »

Can’t trust Scott Morrison to hold banks to account: Labor | Sky News AustraliaFULL INTERVIEW: Shadow Minister for Financial Services Clare O’Neil has accused Prime Minister Scott Morrison of ‘walking back’ from his commitment to enact the reforms suggested by the banking royal commission.\n\nLabor is urging the government to adopt all 76 recommendations contained in Commissioner Kenneth Hayne’s report, which was handed down this week.\n\nThe Coalition has publicly baulked at some of the suggestions contained within the report, including reforms to the mortgage broker sector.\n\nMs O’Neil has told Sky News the Coalition’s 'sneaky' response shows the public 'cannot trust' Scott Morrison when it comes the big banks.\n\n\n\n ClareONeilMP ScottMorrisonMP Shadow Minister for Financial Services is a fiscal muppet. ClareONeilMP ScottMorrisonMP Australians shafted again rc was waste of taxpayers money not hard enough on banks ClareONeilMP ScottMorrisonMP Are you happy to see mortgage broker's out on the street ClareONeilMP
Source: SkyNewsAust - 🏆 7. / 78 Read more »

Scott Morrison can't be trusted to hold banks to account: Labor | Sky News AustraliaFULL INTERVIEW: Shadow Minister for Financial Services Clare O’Neil has accused Prime Minister Scott Morrison of ‘walking back’ from his commitment to enact the reforms suggested by the banking royal commission.\n\nLabor is urging the government to adopt all 76 recommendations contained in Commissioner Kenneth Hayne’s report, which was handed down this week.\n\nThe Coalition has publicly baulked at some of the suggestions contained within the report, including reforms to the mortgage broker sector.\n\nMs O’Neil has told Sky News the Coalition’s 'sneaky' response shows the public 'cannot trust' Scott Morrison when it comes the big banks.\n\n\n\n I am ok with that, i do not trust the banking royal commission or it's commissioner. So we are even. Left_of_Labor That didn't take long!
Source: SkyNewsAust - 🏆 7. / 78 Read more »

Labor will maintain a 'ring of steel' around border security: Labor senator | Sky News AustraliaLabor senator Jenny McAllister says Labor will maintain a 'ring of steel' on border security if it wins the next election.\n\nThe Coalition has accused the Labor of weakening Australia's border protection regime after the passage of the medivac bill through parliament last week.\n\nThe comments come after revelations America rejected 265 asylum seekers housed on Manus and Nauru from entering the US under a refugee deal between the two nations.\n\nHowever, Ms McAllister says the Coalition is ignoring the fact that Labor supports offshore processing and other border protection measures.\n\nShe says the Coalition is 'terribly divided' and 'fear' over border security is 'all they have left.'\n\n\nImage: News Corp Australia jennymcallister Um... yeah... sure... jennymcallister Bullshit. jennymcallister 😂😂😂😂😂🤣🤣 ahhhhhh!
Source: SkyNewsAust - 🏆 7. / 78 Read more »

Frydenberg's opposition to Labor housing plan ‘not based on economics’ | Sky News AustraliaThe Opposition has slammed the Treasurer’s attack on its plan to slash capital gains tax discounts by half.\n\nLabor says the plan will stop young people being squeezed out of the market, but Josh Frydenberg warns Australians will be hit with the ‘highest rates’ in the Western world.\n\nLabor Senator Doug Cameron says Mr Frydenberg's argument is 'ideological and political, not based on economics'. \n\nImage: News Corp Australia \n\n\n\n Please do not use the words labor and economics in one sentence. Labor and debt is suitable and labor and open borders is also acceptable I wish the Senator would support his statements with some analysis. Labor silent on embattled union boss John Setka auspol skynews
Source: SkyNewsAust - 🏆 7. / 78 Read more »

Labor dismisses concerns negative gearing policy will collapse housing market | Sky News AustraliaLabor is dismissing concerns by the government that reining in the tax concession could lead to a collapse in the housing market.\n\nFairfax reports the Opposition has seized on data compiled by the Parliamentary Library which found just one in 10 properties purchased over the past year were for tax loss purposes. Bowenchris 2007-13 Remember the Labor Govt National Rental Affordability Scheme, Labor promised 35,000 new homes. 2007-13, only 19,000 of the 35,000 dwellings had been built Trust Labor with Housing, No thanks Bowenchris 1. Revert to pre 1985 CGT now ... ex timing as markets are receding. 2. Leave neg gearing alone Remember Keatings fiasco? AUSPOL Bowenchris What a fkn moron ..cashed up investors are already rubbing their hands together waiting for the housing market collapse, 1st home buyers won't stand a chance
Source: SkyNewsAust - 🏆 7. / 78 Read more »

Labor vows to spend billions to boost affordable housing | Sky News AustraliaLow and middle-income renters could save hundreds of dollars a month under Labor’s $6.6 billion plan to build 250,000 new homes. \n\nThe plan would see investors receive a subsidy of $8500 a year over 15 years for investors who build homes and offer them to low and middle-income families 20 per cent below market rent rates. \n\nTemporary foreign workers, overseas students, and other non-residents would not be eligible for the scheme. \n\nImage: News Corp Australia David_Speers billshortenmp The brain washing by the media and education dept has worked well , suckers ripe for the plucking. And they will be plucked hard. David_Speers billshortenmp David_Speers billshortenmp And that’s what the Government and ScottMorrisonMP doesn’t get. Climate Change is real. Business realises it. Voters realise it. It’s not mentioned in the bible so Fozzie Bear doesn’t believe it. auspol
Source: SkyNewsAust - 🏆 7. / 78 Read more »

Labor risks housing market hit with negative gearing plan | Sky News AustraliaLabor’s $32 billion plan to end negative gearing and slash the capital gains discount could result in fewer homes being built across the country and to fewer jobs in the market, according to a new report. \n\nThe Australian reports modelling of the opposition’s key property policies forecasts a $12 billion downturn in construction activity in the first five years of the policy implementation. \n\nThe downturn would result in a fall in new housing construction of up to 42,000 dwellings, and 32,000 fewer jobs across the country. \n\nImage: Gary Ramage \u002F News Corp Australia\n\n RichardMarlesMP So Labor does believe that tax breaks drive economic activity? RichardMarlesMP New builds receive negative gearing (like any other investment) but they also get depreciation... soooo this argument about taking it off existing properties is stupid. RichardMarlesMP Am self funded retiree have one negative gearing I am a retired RN who was wise enough to join Super before it was compulsory & salary sacrifice I have a small amount of shares for franking dividend. Obviously AustralianLabor want more on pensions LiberalAus Barnaby_Joyce
Source: SkyNewsAust - 🏆 7. / 78 Read more »

Labor's negative gearing plan will boost housing supply: Labor MP | Sky News AustraliaFULL INTERVIEW: Labor frontbencher Nick Champion has dismissed reports his party's negative gearing policy will unload a 'nuclear bomb' on the housing market.\n\nAussie Home Loans founder John Symond slammed Labor's signature policy, warning it could tip Australia into a recession.\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\nMr Champion told Sky News investors will have to build new properties in order to negatively gear them, thus increasing supply for other buyers. NickChampionMP Meanwhile Aussie John is holding another Liberal party fundraiser at one of his numerous properties... It was only a few tweets back he was supporting Negative gearing and look an election is looming. We are onto to you Faux News i mean Sly News you Liberal propagandists. NickChampionMP NickChampionMP If the liver works too hard, it has no enough energy to break down sugars.
Source: SkyNewsAust - 🏆 7. / 78 Read more »

PM Morrison tells journalist to stop 'talking to Labor voters'Prime Minister Scott Morrison has told an ABC journalist, who raised concerns in the Rockhampton electorate, to 'stop talking to Labor voters'. Oh, yes that'll go down brilliantly with the electorate. You're pathetic. JUST CALL THE ELECTION SLOMO! Scomo, he gone.
Source: SBSNews - 🏆 3. / 89 Read more »