Sunday, August 05, 2007

Labor Can't Manage Money

Push to double first homeowners grant may be example of ALP mismanagement. After all, if the states were effectively run, the need to spend such money wouldn't be there.

2 comments:

Anonymous said...

Push to double first home grant
from news.com.au
AUSTRALIA'S leading real estate body is pushing to double the federal first-home buyers' grant to $14,000, giving people a chance to crack into the booming property market.

The Real Estate Institute of Australia (REIA) told the Nine Network a $14,000 grant would be the best way to help young people realise their dream of home ownership.

The grant was introduced seven years ago but the property market has since doubled, and in some cases, tripled in price, the institute said.

"It certainly is a crisis in my view, right across the country,'' REIA president Graham Joyce told the Nine Network.

"It's not only affordability, but it's got to be appropriate accommodation.

"And first-home owners need to be able to decide where they want to live in appropriate accommodation."

The institute will put their case forward to the Liberal and Labor parties in the lead-up to the federal election.

But Prime Minister John Howard today would not be drawn into the housing affordability debate.

"If we have any changes of policy in those areas that affect housing affordability, we'll announce them," Mr Howard said.

The push for a better first-home buyers' grant coincides with the predicted rise in interest rates, with the Reserve Bank of Australia tipped to announced a 0.25 per cent interest rate increase this week.

Dave Wane said...

The absolute mismanagement of all states and territories by Labor continues to go more or less unnoticed by the electorate.

The excellent stewardship of the Australian economy by the Howard/Costello Government has obviously masked the considerable failures of all state and territory administrations.

State and territory Labor governments,made up of ex-union hacks,Labor staffers and assorted ex-taxpayer funded employees have no REAL WORLD experience.Therefore it is hardly surprising that big, bloated,wasteful and very inefficient governments in all states and territories are the norm.