Great presentation. I applaud your stance against this mirage of a scheme. Public housing needs to be built now and built in large numbers. I haven't seen a journalist or politician put pressure on the advocates of affordable housing to put a price on what is affordable. Is it $1.2 million in Sydney, $1.1 million in Melbourne, $900k on the Sunshine Coast, $850k in Bathurst or Goulburn? If thats whats considered affordable our youth and our society is doomed to rental poverty. How will our economy look then? What savings will we have to fall back on during the next market crisis? How will the perennial winger, Harvey Norman cope when his sales drop since we cannot afford to buy his tat? The Median Australian Wage needs to be quoted as often as possible and used instead of the average, as with median savings, median house price and median rental price too. The mean or average of these indices have been distorted from the extremely wealthy income earners pushing this statistic way higher than it's ever been.
Thank you 💕. It's great to know why greens do stuff. Please do this all the time... Family give me sky news junk about greens and facts for come backs is gold
As a single dad, 68% of my wage is going to rent. It's sad to see Liberals and Labor both sold out to big business while people are struggling. Thanks for telling it how it is Max, it can get quite depressing listening to the crap they talk.
@@inikainika1523 yeh probably not a bad idea, hardly revolutionary. I fear the Coalition will be in next election anyway. So less likely dental in Medicare more like cuts to Medicare.
Phase out negative gearing and reform CGT.Give tax deductions to first home buyer on thier morgage intrest payments to support first home buyer for first ten years after buying first property and tax them heavily when they are going buy send or third property.Stop first home or buider grants.If government don't want get rid of negative gearing bring other tax saving products into the market such as infratruture bonds,equity linked saving scheme where first home buyer put his money to save deposit.
Hi Max, what about those of us who live in regional areas where houses are not quite as expensive? Wouldn't it still be helpful to low income self employed people who live outside the capital cities? I understand Greens are focussed on urban areas but i vote Green and I don't live in the city. I agree with you that without controls at the top end ie pricing any scheme will increase house prices
Well explained! Another idea which is well established and working in Norway, is to allow home owners to receive tax free income from building and renting out a granny flat or a self contained unit attached to their house. The extra income significantly improves borrowing capacity, and at the same time provides much needed and affordable rental accommodation to singles and couples. In Norway, most new homes are designed and built with a 1 or 2 bedroom self contained unit attached to take advantage of this policy. And it works really well.
Great plan! Granny flats and self contained units are definitely a good way to add extra housing. And it's much better than seeing homes torn down to build McMansions for foreigners.
Yes, but this is really a band-aid solution to a greater inherent problem. Too many subsidies for investors, too many consumers competing for so little supply, too much entitled greed in the system etc. Granny flats when the governments and councils should be building public housing in the form of townhouses, terraces and low rise but functional community blocks. Oh and buying back the caravan parks they sold off to private interests. Back in the day anyone struggling could always get a site in the local caravan park.....it was truely affordable.
@@pmcamacho6447 Allowing granny flats on houses, would massively increase housing, AND be a good investment for the owner. I've been battling with my council for 10 years. I would have no problem with abolishing negative gearing, and capital gains tax.
@@topsi4 Rent caps and worrying about subsidies are not needed if we have enough supply to keep prices down. Without artificial constrictions (NIMBYs) supply would keep prices down.
Yeah I reckon Nick McKim is doing fine with six investment properties and Faruqi has six investment properties and land up at the central coast hilarious bud
I'm on the social/community housing list under the category urgent medical. I was never a fan of the coalition, I mostly supported Labor. I believed Labor would always support someone like me living with disability, but these last couple of years, with their lack of housing commitments and their attitude toward the NDIS, I will vote Greens, because at least the Greens speak of policy which will give me some dignity in life!
Just one important observation. Your single example is for people buying a $900,000+ house in Sydney. There are people who don't live in Sydney so demonizing the entire scheme based on Sydney house prices is a little disingenuous. A rent to buy scheme on a much larger scale is probably worth looking into but the real issue is building enough affordable housing because until house prices come down there is no scheme that can really work. None of the political parties currently has an affordable housing scheme that's large enough to make a substantial difference. What we need is public works the scale and intent that Australia implemented after world war 2. And it has to include training people in the construction industry on a massive scale too. There is no small scheme that will get the job done.
Yeah, we need to fast track large scale compact home building and remove red tape. Vested interests have artificially constrained supply to drive up existing landlords profits.
Yeah, it needs to be treated like a "National Project". Something people can get excited for, that they can get behind But also, it needs protections to ensure those homes don't just get snapped up by the SuperRich/Asset class
Regardless of how many people could access the scheme, encouraging people that without the scheme would not be able to afford the house to buy into this current market exacerbates the situation keeping the market high.
With the tax rorts for property investors completely uncapped: no amount of supply will soak up the greedy parasite class desire to avoid tax and hoard property.
If the government doesn't have the numbers in the senate, they they have to negotiate to pass legislation, thats how the system works. Labors antics have been juvenile and an insult to Australians in need of better housing outcomes, their policy making inept and dishonest.
Agree with you on the bill, negative gearing and capital gains tax concessions, HOWEVER if the Greens were in power Australia would probably have even higher levels of immigration at a time when supply of housing is inadequate leading to even higher prices, congestion and environmental destruction.
Slow down population growth. Reduce demand on housing and the Australian enviroment. Supply will never keep up with demand and that the way they want it.
Will be voting greens purely because they are looking at phasing out the tax incentives for "investors"... I would think that you would get more voters on board if you also called out high immigration in the middle of a housing affordibility/supply crisis without impacting your existing voter base...
You get rid of those tax incentives while supply is as low as it is and rents will go through the roof, offsetting loses to income artificially keeps rents lower than they could be, by keep supply that we have in the market. You remove those incentives as the greens are suggesting will pull more rental properties off the market and what supply remains will be positively geared meaning they’ll raise rents further because demand will still far outstrip supply. How do you not get this? The greens policy is purely populism designed for stupid people who don’t think for 2 seconds that actually make the existing problems worse.
@@rossbaker9721your stupid if you believe boomer investors are not making 100%profit on the investment properties they paid off 20 years ago. Wake up Mr Delusion
What is your stance on immigration numbers? Do we need more or less people coming into the country when supply of housing is inadequate? What's the right number?
Why ? Just look at property a couple of green senators own last I check three of them owned fifteen property's and also developing land give me a break
@@vincentcacciola7161 FFS, they STILL want to abolish or at least curtail negative gearing and capital gains tax! It's no crime to own investment properties, it's a crime that the government allows you to partake in tens of billions of dollars free money because you have them.
I am a strong greens voter but some of this is disingenuous. "0.2% of renters" assumes that 99.8% of renters want to buy a home every year. There are many people that are renting by choice and because of where they are in their lives. Do rental standards need to be improved? absolutely! Do rents need to be frozen and then capped to CPI? yes! But there's not millions of renters looking to buy a house every year. The calculations you use for Sydney's property market don't account for unit prices. A lot of people buying their first home in a major metro area - Melbourne and Sydney in particular - will be buying units. But, the $120,000 income limit for a couple is definitely too low. This policy is putting a bandaid over a flesh wound but it's not actively harmful like you're portraying and will be of benefit for some renters.
You can't be serious. This Labor thought bubble does absolutely nothing to address the plight of all those people living in tents and cars. The homeless can't even get a caravan park site became the councils sold them all off to the price gouging private enterprises like the 'Big Four'. This comment smacks of the inner city professional that has never struggled in life. Go catch a train over the Blue Mountains or even Western Sydney...
Vincent just come clean. You're a young liberal or one nation acolyte. How much are getting paid to put this impotent argument up? No, I bet you're an intern but from a major conservative donor's family. Fess up mate.
I have done the maths on this and Max is 100% right on this, you basically need bank of mum and dad to give you 200k to afford a loan for 750k on 80k salary and be below mortgage stress of 30%
I got the scheme to pay a 5% deposit. Saw it on tiktok. My partner and I were able to finally purchase a unit. We both have a HECS and are on 90k ish. We are paying the same as what our rent was but for our own place. Idk I vote greens but I don't know I get what you're saying but it worked for us very well
@@topsi4 they don't financially contribute to the purchase. They are just a guarantor for 15% so LMI is not required. Once we pay back 15% the LVR is below 80% the government is no longer involved.if the loan defaults that is a different story but that's the risk of buying a property
I wonder if there's anything that could be done on the demand side of the equation? Perhaps we could look at the extreme immigration policy and see what impact that's having on overall housing demand whether that be as renters or buyers?
The solution is to increase supply. The government needs to build rapidly either using local construction companies or if not enough capacity get international contractors. The lunatics want to subsidize the US by funding the Aukus subs instead.
I agree with build immediately if it's public housing and ditching the AUKUS nonsense but we shouldn't have a supply problem if our population growth wasn't at such an insanely high level. This is all about keeping wages down and the business Council of Australia happy
See this is what is great about the Greens, not an appeal to tribalism. Actual Policy Analysis. Love from a Policy Analyst/Advisor (please pat your Policy people on the back, give them a hug, something).
@@Fishingadd1ction if you earn $100k then you are ineligible for this as an individual.. and if you were on $90k and then got a pay rise, you'd have to pay the scheme out..
Pretty sad that you think this scheme is some sort of progressive change: encouraging lower incomes into a mortgage debt they cannot afford isn't progressive, it is government endorsed predatory capitalism with a sprinkling of public subsidy.
registered charity tax exemption is bigger business International students getting old age pension austudy intergenerational migrant welfare using Australian infrastructure like university hotel and keycutting business SC student senior discount card and fleecing overseas war's to run to islands and Zero community infrastructure Zero cabin parks zero trams zero fast rail connecting capital city zero low income discount card for overtaxed low income taxpayers Zero superannuation taxz refunds until Age of discrimination eighty or ninety Zero tax offsets for low income taxpayers 2002 gSt OnE taxz to end the others and filling Mega n dams somewhere Zero commissioner of housing GovKeys for low income taxpayers ironically means tested GovKey eighty thousand dollars year and low income taxpayers don't earn that sizeable legacy unlike government workers cheap affordable GovKey rental program
CGT And the One 2002 GST taxz to end all the other's filling mega n dams somewhere Zero tax Registered charity industry Zero GovKey commissioner of public housing * CeS * old government department 1981
Hi Max, would you care to make any comment on Geoffrey Watson's investigation into the CFMEU and it's current and ongoing links with outlaw motorcycle bikie gangs? Geoffrey Watson has an impeccable track record and reputation. He is a director of The Centre for Public Integrity and was commissioned to investigate problems in the union by the leadership of the CFMEU, well before the union was put under administration. His report states that the CFMEU is still under the influence of organised crime and inflicting violence and intimidation to individuals and organisations that challenge the union...
international students are on old age pension austudy AND one taxz gSt Goods and Services taxz Chanel the income stream hiding in registeRED charity Zero tax business and cruisin' tHoms Metro metropolis' free childcare
I supported the Greens last year, but your opposition to this scheme means 10,000 people will miss out on help to get onto the property ladder. You can still use the scheme to buy apartments. This is making me walk away from the Greens.
Did you not watch the video: even if you manage to be eligible - you'd be in extreme mortgage stress. What is the point of that if you end up having to sell up and sort out a financial disaster.
@@--Nath-- you would only be in extreme mortgage stress if you decided to borrow the absolute maximum amount to buy a $950,000 house. If you are a couple on $120,000 or a single person on $90,000, the scheme will go a long way towards helping a person buy a decent unit to live in for say $650,000. The $120,000 income limit is definitely too low for a couple, but to say people would be in mortgage stress is silly. People aren't going to overleverage to the extent that they are spending 71% of their income on repayments.
Might be time for Max to grow up and become a home owner. He earns a multiple of the average wage, so it should not be too big a stretch. He could ask his Greens colleagues about it. Some of them own more than one home.
(Lower income families) why government not give free peace of land to build their dream home if government do so easily housing market will fall rental property won't increase ad families have good life kids have good education ad less stress every Australians
Great presentation. I applaud your stance against this mirage of a scheme. Public housing needs to be built now and built in large numbers. I haven't seen a journalist or politician put pressure on the advocates of affordable housing to put a price on what is affordable. Is it $1.2 million in Sydney, $1.1 million in Melbourne, $900k on the Sunshine Coast, $850k in Bathurst or Goulburn? If thats whats considered affordable our youth and our society is doomed to rental poverty. How will our economy look then? What savings will we have to fall back on during the next market crisis? How will the perennial winger, Harvey Norman cope when his sales drop since we cannot afford to buy his tat? The Median Australian Wage needs to be quoted as often as possible and used instead of the average, as with median savings, median house price and median rental price too. The mean or average of these indices have been distorted from the extremely wealthy income earners pushing this statistic way higher than it's ever been.
Thank you 💕. It's great to know why greens do stuff. Please do this all the time... Family give me sky news junk about greens and facts for come backs is gold
As a single dad, 68% of my wage is going to rent. It's sad to see Liberals and Labor both sold out to big business while people are struggling. Thanks for telling it how it is Max, it can get quite depressing listening to the crap they talk.
imagine what labor would get away with if if weren't for the greens
Yeh imagine if Labor got away with the Emissions Trading Scheme!
we'd have a mining tax on super mining profits.....
@@Thelema76 terrible, terrible. If only they were around to vote down Medibank or had the power to stand in the way of Superannuation.
@@SpMoosehow's about dental in Medicare? Federal election looming...
@@inikainika1523 yeh probably not a bad idea, hardly revolutionary.
I fear the Coalition will be in next election anyway.
So less likely dental in Medicare more like cuts to Medicare.
Phase out negative gearing and reform CGT.Give tax deductions to first home buyer on thier morgage intrest payments to support first home buyer for first ten years after buying first property and tax them heavily when they are going buy send or third property.Stop first home or buider grants.If government don't want get rid of negative gearing bring other tax saving products into the market such as infratruture bonds,equity linked saving scheme where first home buyer put his money to save deposit.
hmm, nice ideas, well done.
They Greens would never actually do something like that, they are toffs just like the libs.
@@satwindersaini4522 someone did bring negative gearing and capital gains tax changes to not one but two Federal Elections.
I have over $100k in savings and a good paying job. Still cannot afford a home.
Same lmao
Hi Max, what about those of us who live in regional areas where houses are not quite as expensive? Wouldn't it still be helpful to low income self employed people who live outside the capital cities? I understand Greens are focussed on urban areas but i vote Green and I don't live in the city. I agree with you that without controls at the top end ie pricing any scheme will increase house prices
Well explained! Another idea which is well established and working in Norway, is to allow home owners to receive tax free income from building and renting out a granny flat or a self contained unit attached to their house. The extra income significantly improves borrowing capacity, and at the same time provides much needed and affordable rental accommodation to singles and couples. In Norway, most new homes are designed and built with a 1 or 2 bedroom self contained unit attached to take advantage of this policy. And it works really well.
Great plan! Granny flats and self contained units are definitely a good way to add extra housing. And it's much better than seeing homes torn down to build McMansions for foreigners.
Yes, but this is really a band-aid solution to a greater inherent problem. Too many subsidies for investors, too many consumers competing for so little supply, too much entitled greed in the system etc. Granny flats when the governments and councils should be building public housing in the form of townhouses, terraces and low rise but functional community blocks. Oh and buying back the caravan parks they sold off to private interests. Back in the day anyone struggling could always get a site in the local caravan park.....it was truely affordable.
@@pmcamacho6447 Allowing granny flats on houses, would massively increase housing, AND be a good investment for the owner. I've been battling with my council for 10 years. I would have no problem with abolishing negative gearing, and capital gains tax.
Add rent caps and Voila! Much of the problem would be solved.
@@topsi4 Rent caps and worrying about subsidies are not needed if we have enough supply to keep prices down. Without artificial constrictions (NIMBYs) supply would keep prices down.
Albo and his fellow Labor MP'S are all profiting from the Housing Crisis. Their Real Estate Portfolios are skyrocketing in value.
Looks like Elbow has sold out some of his tax payer funded investments recently at the price peak.
Yeah I reckon Nick McKim is doing fine with six investment properties and Faruqi has six investment properties and land up at the central coast hilarious bud
@@vincentcacciola7161 What's that got to do with it? They still want to end Negative gearing.
I'm on the social/community housing list under the category urgent medical. I was never a fan of the coalition, I mostly supported Labor. I believed Labor would always support someone like me living with disability, but these last couple of years, with their lack of housing commitments and their attitude toward the NDIS, I will vote Greens, because at least the Greens speak of policy which will give me some dignity in life!
Just one important observation. Your single example is for people buying a $900,000+ house in Sydney. There are people who don't live in Sydney so demonizing the entire scheme based on Sydney house prices is a little disingenuous.
A rent to buy scheme on a much larger scale is probably worth looking into but the real issue is building enough affordable housing because until house prices come down there is no scheme that can really work.
None of the political parties currently has an affordable housing scheme that's large enough to make a substantial difference. What we need is public works the scale and intent that Australia implemented after world war 2. And it has to include training people in the construction industry on a massive scale too.
There is no small scheme that will get the job done.
Yes
Yeah, we need to fast track large scale compact home building and remove red tape. Vested interests have artificially constrained supply to drive up existing landlords profits.
Yeah, it needs to be treated like a "National Project". Something people can get excited for, that they can get behind
But also, it needs protections to ensure those homes don't just get snapped up by the SuperRich/Asset class
Regardless of how many people could access the scheme, encouraging people that without the scheme would not be able to afford the house to buy into this current market exacerbates the situation keeping the market high.
With the tax rorts for property investors completely uncapped: no amount of supply will soak up the greedy parasite class desire to avoid tax and hoard property.
It’s great to have an explanation of what’s going on concerning these plans.
It’d be naive to think a developer will produce better value housing. Public or private.
If the government doesn't have the numbers in the senate, they they have to negotiate to pass legislation, thats how the system works. Labors antics have been juvenile and an insult to Australians in need of better housing outcomes, their policy making inept and dishonest.
Spot on, Labor are behaving like dictators. I never thought they'd be worse than the LNP.
Agree with you on the bill, negative gearing and capital gains tax concessions, HOWEVER if the Greens were in power Australia would probably have even higher levels of immigration at a time when supply of housing is inadequate leading to even higher prices, congestion and environmental destruction.
@@mdrsalgado whoa slow down there mate. Don't bring common sense into a Greens comment section.
Dont live in Sydney! Vote with your feet! But I do agree, this will boost the value of housing again!
Slow down population growth. Reduce demand on housing and the Australian enviroment. Supply will never keep up with demand and that the way they want it.
Good on you Max. Call out the old tired Labor Party for what it is doing!
Will be voting greens purely because they are looking at phasing out the tax incentives for "investors"... I would think that you would get more voters on board if you also called out high immigration in the middle of a housing affordibility/supply crisis without impacting your existing voter base...
You get rid of those tax incentives while supply is as low as it is and rents will go through the roof, offsetting loses to income artificially keeps rents lower than they could be, by keep supply that we have in the market. You remove those incentives as the greens are suggesting will pull more rental properties off the market and what supply remains will be positively geared meaning they’ll raise rents further because demand will still far outstrip supply. How do you not get this? The greens policy is purely populism designed for stupid people who don’t think for 2 seconds that actually make the existing problems worse.
They won't. the green's policy on immigration is perhaps worse than labors.
@@rossbaker9721your stupid if you believe boomer investors are not making 100%profit on the investment properties they paid off 20 years ago. Wake up Mr Delusion
What do you think greens senators do fifteen investment properties between three of them and land seriously can't make this up
@@vincentcacciola7161 Gawd.
What is your stance on immigration numbers? Do we need more or less people coming into the country when supply of housing is inadequate? What's the right number?
Slowing down high immigration would be a start - can’t fit an additional 1,000,000 when you only build 290,000 home
I really hope a lot of people see this video. Great work.
Why ? Just look at property a couple of green senators own last I check three of them owned fifteen property's and also developing land give me a break
@@vincentcacciola7161 FFS, they STILL want to abolish or at least curtail negative gearing and capital gains tax! It's no crime to own investment properties, it's a crime that the government allows you to partake in tens of billions of dollars free money because you have them.
I am a strong greens voter but some of this is disingenuous.
"0.2% of renters" assumes that 99.8% of renters want to buy a home every year. There are many people that are renting by choice and because of where they are in their lives. Do rental standards need to be improved? absolutely! Do rents need to be frozen and then capped to CPI? yes! But there's not millions of renters looking to buy a house every year.
The calculations you use for Sydney's property market don't account for unit prices. A lot of people buying their first home in a major metro area - Melbourne and Sydney in particular - will be buying units. But, the $120,000 income limit for a couple is definitely too low.
This policy is putting a bandaid over a flesh wound but it's not actively harmful like you're portraying and will be of benefit for some renters.
You can't be serious. This Labor thought bubble does absolutely nothing to address the plight of all those people living in tents and cars. The homeless can't even get a caravan park site became the councils sold them all off to the price gouging private enterprises like the 'Big Four'. This comment smacks of the inner city professional that has never struggled in life. Go catch a train over the Blue Mountains or even Western Sydney...
Our media is so bad that I didn't even know how this scheme was meant to work until 2 minutes ago, let alone everything wrong with it! Thank you
I look forward to Friendly Jordie turning into a pretzel to defend this Labor scheme on his unfunny youtube channel
I'm sure he will try. I gave up on him ages ago.
Keeping it real Max, thank you for always telling it how it is. We need more transparency, we need more people like you in politics.
Spot on, well done. 💚
Max max come on mate nick McKim has six investment properties and Faruqi has six investment properties and land up at the central coast please poq
Vincent just come clean. You're a young liberal or one nation acolyte. How much are getting paid to put this impotent argument up? No, I bet you're an intern but from a major conservative donor's family. Fess up mate.
I have done the maths on this and Max is 100% right on this, you basically need bank of mum and dad to give you 200k to afford a loan for 750k on 80k salary and be below mortgage stress of 30%
What if there was capital gains tax on all property. I think that would slow things down a bit.
Good speech 👏 sir max Chandler 👌👌👌♥️❤️❤💪 inshallah will be free Palestini 🇵🇸🤲✌️ iam from India 🇮🇳
Seriously you do know three green senators own fifteen property's and are also developing land pot calling the kettle black
I got the scheme to pay a 5% deposit. Saw it on tiktok. My partner and I were able to finally purchase a unit. We both have a HECS and are on 90k ish. We are paying the same as what our rent was but for our own place. Idk I vote greens but I don't know I get what you're saying but it worked for us very well
But eventually you have to pay back the government's contribution. Have you taken that into consideration?
@@topsi4 yes it's part of the loan
@@topsi4 they don't financially contribute to the purchase. They are just a guarantor for 15% so LMI is not required. Once we pay back 15% the LVR is below 80% the government is no longer involved.if the loan defaults that is a different story but that's the risk of buying a property
I wonder if there's anything that could be done on the demand side of the equation? Perhaps we could look at the extreme immigration policy and see what impact that's having on overall housing demand whether that be as renters or buyers?
Maybe three green senators could release fifteen properties they own back to the market it would be a start
@@vincentcacciola7161 Sure that might help but how does that address the extreme demand?
@@jezg084don't bother mate. Vincent is a professional troll
@@pmcamacho6447lots of those around on social media isn’t there! You don’t know if you’re talking to a bot or a real person!
Next election I will be voting green/independents. Labour has lost me forever. Lieberals I would never voted for them anyway.
Vote Indpendents PHON or Rennicks new People First Party.
Greens are just another branch of Labor.
Vote Lib, Lab, Greens & Teals last.
The solution is to increase supply. The government needs to build rapidly either using local construction companies or if not enough capacity get international contractors. The lunatics want to subsidize the US by funding the Aukus subs instead.
I agree with build immediately if it's public housing and ditching the AUKUS nonsense but we shouldn't have a supply problem if our population growth wasn't at such an insanely high level. This is all about keeping wages down and the business Council of Australia happy
See this is what is great about the Greens, not an appeal to tribalism. Actual Policy Analysis. Love from a Policy Analyst/Advisor (please pat your Policy people on the back, give them a hug, something).
So did the greens in parliament who own 2 or 3+ houses get access to these schemes?
Who buys a $950k house on a $100k salary? Live within your means.
@@Fishingadd1ction if you earn $100k then you are ineligible for this as an individual.. and if you were on $90k and then got a pay rise, you'd have to pay the scheme out..
Absolutely right ! No hard to understand it's just a smocking mirror exercise 👌
what a con! thanks for doing the maths on this
People are waking up to you Max
We need shovels in the dirt 😂 not political grandstanding
Agreed. Labor should vote for the Greens scheme
Is there anywhere I can see the references/sources from this video? Id like to be able to read the material that's talked about in this vid
Well done Max, standing in the way of more progressive change.
Don't worry the Coalitiion will put things right when they're next in power......
Pretty sad that you think this scheme is some sort of progressive change: encouraging lower incomes into a mortgage debt they cannot afford isn't progressive, it is government endorsed predatory capitalism with a sprinkling of public subsidy.
@@--Nath--yep, great reply
registered charity tax exemption is bigger business International students getting old age pension austudy intergenerational migrant welfare using Australian infrastructure like university hotel and keycutting business SC student senior discount card and fleecing overseas war's to run to islands and Zero community infrastructure Zero cabin parks zero trams zero fast rail connecting capital city zero low income discount card for overtaxed low income taxpayers Zero superannuation taxz refunds until Age of discrimination eighty or ninety Zero tax offsets for low income taxpayers 2002 gSt OnE taxz to end the others and filling Mega n dams somewhere Zero commissioner of housing GovKeys for low income taxpayers ironically means tested GovKey eighty thousand dollars year and low income taxpayers don't earn that sizeable legacy unlike government workers cheap affordable GovKey rental program
CGT And the One 2002 GST taxz to end all the other's filling mega n dams somewhere Zero tax Registered charity industry Zero GovKey commissioner of public housing * CeS * old government department 1981
Hi Max, would you care to make any comment on Geoffrey Watson's investigation into the CFMEU and it's current and ongoing links with outlaw motorcycle bikie gangs? Geoffrey Watson has an impeccable track record and reputation. He is a director of The Centre for Public Integrity and was commissioned to investigate problems in the union by the leadership of the CFMEU, well before the union was put under administration. His report states that the CFMEU is still under the influence of organised crime and inflicting violence and intimidation to individuals and organisations that challenge the union...
international students are on old age pension austudy AND one taxz gSt Goods and Services taxz Chanel the income stream hiding in registeRED charity Zero tax business and cruisin' tHoms Metro metropolis' free childcare
I supported the Greens last year, but your opposition to this scheme means 10,000 people will miss out on help to get onto the property ladder. You can still use the scheme to buy apartments. This is making me walk away from the Greens.
Yeah, the scheme is better than nothing and much more applicable to apartments. But the Greens are pushing for more which is a good thing.
Did you not watch the video: even if you manage to be eligible - you'd be in extreme mortgage stress. What is the point of that if you end up having to sell up and sort out a financial disaster.
@@--Nath-- you would only be in extreme mortgage stress if you decided to borrow the absolute maximum amount to buy a $950,000 house. If you are a couple on $120,000 or a single person on $90,000, the scheme will go a long way towards helping a person buy a decent unit to live in for say $650,000.
The $120,000 income limit is definitely too low for a couple, but to say people would be in mortgage stress is silly. People aren't going to overleverage to the extent that they are spending 71% of their income on repayments.
Yeah nah three green senators own fifteen property and land a bit rich if you ask me
Fck Ning Helllllll
Might be time for Max to grow up and become a home owner. He earns a multiple of the average wage, so it should not be too big a stretch. He could ask his Greens colleagues about it. Some of them own more than one home.
Yeah in fact three of them own fifteen property's between them and land at the central coast being developed
@@vincentcacciola7161go away Einstein
he rents in cross nest entitled much
We're with you Max. Labor are choking on their own bile. Libs last, Labor 2nd last.
(Lower income families) why government not give free peace of land to build their dream home if government do so easily housing market will fall rental property won't increase ad families have good life kids have good education ad less stress every Australians
Shut Up Max 😡
If you want to act like you are in the Young Libels then go join them.