lev.lafayette's blog

A real-estate lobby group has just blocked me from commenting and deleted my posts on Facebook. Apparently, they didn't like the fact that my comments on negative gearing were getting so many "likes", and that they didn't like that they were coming from a landlord.

Because the reality is the real-estate lobby is lying through their teeth and squealing like stuck pigs. I am quite happy to argue against my own interests and even *lose* money if it means that more people have a less expensive roof over the heads.

Australia's negative gearing system is absolutely terrible.

Day 34 and 35 of the campaign and, unsurprisingly, this close to the finish line there are no more big announcements from anybody, although Shorten's announcement that Labor will scrap the federal government's current submission on the minimum wage and submit a new one is of note. This may have particular resonance in W.A. and Qld where real wages have declined (for the rest of the country they've flatlined). RBA comments on wages from November last year added for context.

Day 32 and 33 of the Federal election campaign and the big ticket item of the past two days was the announcement by the Labor Party that they would put up $10bn to help fund the suburban rail loop in Victoria, which would be the largest federal funding injection in public transport history. For their own part the Coalition had kind-off splashed some money as well with $4bn offered for the East West Link - although it must be said that's now been rejected by two state elections and the Feds have been withholding $3bn in transport infrastructure spending since.

When this government came to power in 2013, Australia was ranked 24th out of 133 nations for gender equality. Today we are ranked 39th.

WEF Global Gender Gap report, 2018
https://www.weforum.org/reports/the-global-gender-gap-report-2018

But don't fear women of Australia, on Mother's Day Scottie said he respects you!

Day 30 and 31 of the Federal election campaign, and without a doubt the biggest possible news item was Labor's costings which project the largest budget surplus in history, and double the size of the Coalition's. Note that these values are verified by the Parliamentary Budget Office, an indepedent statutory office, which uses the same numbers and models as the Treasury and are required to do so. I guess it helps a *lot* when you're not giving $77bn in tax-cuts to those earning $180K or more per annum.

Day 28 and 29 and Liberal candidate Gurpal Singh, who previously made headlines for his past attempts to link marriage equality with pedophilia (a little awkward in the context with John Howard offering support to Dutton and Abbott, after his support of Pell, who would want that?). "The standard you walk by is the standard you accept," Mr Morrison said while attacking then-Labor candidate for Melbourne Luke Creasey - but apparently this didn't apply to one of his own. So Labor is making a point of this by advertising Gurpal's views on Grindr...

Day 26 and 27 of the Federal election campaign, and OMFG did you see Bill Shorten on Q&A?! Scott Morrison has told Q&A that he won't be making himself available to the tough questions (and they were tough), but Shorten answered the questions deftly and sincerely. It was, quite frankly, his best performance (he also committed to a review of Newstart payments - and not with a view of reducing them).

https://www.youtube.com/watch?v=bhJCumGOnSk

Day 24 and 25 of the Federal election campaign, and the big news items are the second leader's debate and a number of policy announcements coming from Labor's official campaign launch. Again our independent and publically-owned ABC (which the IPA finds troubling) provides a fact-check on the debate, which, on sheer volume of dubious claims made, don't look good for the Prime Minister. Looking even less good was Scott Morrison gesticulating wildly towards Bill Shorten, with the latter describing him a "space invader".

Day 22 and 23 of the Federal election campaign, and the major policy announcement of the day has been $2 billion dollars of Federal funding for the Victoria's Melbourne Metro Tunnel. The project costs $11 bn overall and the Andrews government has been trying to get the Feds to cough up money previously allocated to infrastructure, but they want it to be spent on projects of their choosing (like the East-West Link).

Day 20 and 21 of the Federal election and on the policy front Labor again takes the charge with a pledge of $1 billion worth of solar panels for schools which will feed back into the grid, reducing power costs for the schools (obviously) but also reduce prices overall with an increasing energy supply. On-cue the Climate Council released a report outlining government cuts to climate science funding, the rejection of scientific advice, and cuts to CSIRO.