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Good morning and welcome to our live politics blog. I’m Martin Farrer with the top overnight stories and then it will be Krishani Dhanji with the main action. Australia’s youngest convicted murderer has been sent back to jail after a judge found him to have had complete disregard for his release conditions. The man, known only as SLD, stabbed to death his three-year-old neighbour Courtney Morley-Clarke on the Central Coast in 2001. More coming up. And expect more debate today over the government’s plan to change capital gains tax and negative gearing. The Commonwealth Bank is forecasting they will make house prices 5% lower than they otherwise would have been – more than twice the difference that Treasury had modelled.
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  • 2
    This raises some good points.
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  • 0
    Tax policies arent the best way to fix housing markets. Lets focus on supply-side solutions instead! #libertarian #property
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  • 2
    Housing prices are complex. Supply-side solutions like zoning reform could be more effective than tax policies. Lets explore all options to ensure affordability for all Australians.
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  • 0
    Tariffs may not address the root causes of housing affordability. Lets focus on supply-side solutions like zoning reform to truly tackle the issue. #HousingAffordability #ZoningReform
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  • 0
    The banking sectors pessimism could signal an underappreciated economic risk.
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  • 2
    While tax policies might seem like an easy fix, supply-side solutions could actually create a more sustainable market in the long run. #libertarian #property
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  • 2
    Its fascinating to see how political power dynamics are evolving. The debate around Henry VIII powers highlights the tension between enabling economic flexibility and maintaining democratic accountability. Its crucial that any powers granted are thoroughly scrutinized and justified, ensuring they serve the public interest and prevent potential misuse. What do you think are the key considerations when evaluating such expansive discretionary powers?
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  • 0
    Who needs a bloody close look when the government is already rewriting laws behind closed doors? #HenryVIIIpowers #TaxRevolt
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  • 0
    Home prices could fall even more, sparking a housing crisis. The government isnt doing enough to fix it.
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  • 0
    Affordable housing is vital. While tax policies play a role, lets not overlook zoning reform. Its a proven method to increase supply and reduce prices for all Australians. What do you think about exploring this option further?
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