Gigantic
Brownlow Medallist
Yeh nah sorry
Very clever model and the forced saving scheme is the kind of discipline most people in Western countries need but who the hell wants to live in a flat ?!
And can you see those “ flats “ popping up in regional towns where housing affordability is nearly as bad as cities ?
How about removing GST on housing for first home buyers ONLY?
IMHO The introduction of GST added 20% to housing costs overnight when it was introduced and this has compounded ever since .
Copy was probably the wrong word to use. It would be smart to adopt components of the Singapore model. We couldn't put up large flats like that within the current infrastructure and makeup of our residential areas.
GST isn't payable on property purchases of existing dwellings. How many home buyers are actually paying GST?IMHO The introduction of GST added 20% to housing costs overnight when it was introduced and this has compounded ever since .