The Fin Election 2025: Taking apart both sides’ ‘diabolical’ housing policies
Apr 15, 2025
Political insiders break down the housing policies from both Labor and the Coalition, highlighting their flaws and economic viability. They examine intense election strategies, especially in the affluent Koo Yong electorate, where candidate Amelia Hamer faces unique challenges. The discussion reveals tensions between immediate voter relief and long-term fiscal responsibilities. With a notable shift in polling trends, there’s a push for tax reforms to address intergenerational inequality. Effective communication amidst political complexities is deemed crucial!
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Diabolical Policies
- Both parties' tax and housing policies are poorly designed and economically unsound, stimulating demand in a supply-constrained market.
- The Coalition's policies are particularly concerning, resembling populist bribes with short-term benefits and long-term consequences.
Coalition's Shift to Populism
- The Coalition initially campaigned on budget repair but shifted to populist measures due to public disinterest in fiscal responsibility and pressure from MPs.
- This shift reflects a broader trend of voters prioritizing short-term relief over long-term economic stability.
Mortgage Deductibility Concerns
- Mortgage tax deductibility is particularly concerning as it becomes ingrained in household budgets, making it difficult to reverse.
- This highlights the challenge of unwinding policies that create dependency, even when deemed unsuitable.