What do you expect of the Federal ALP?

[Cyg1992]

When did these happen and where?

He's been watching sky news non stop it seems.

I haven't heard of any power outages in Sydney other than flood related ones just recently.

They're in full rage mode now that their snake oil salesman happy clapper lost. Beautiful to see

 

[Dogs_R_Us]

When did these happen and where?

I assume you kept reading this thread and came across my reply a couple of posts later.

 

[Power Raid]

but stamp duty is easy to determine the market value as a transaction has just occurred. while the wealth tax should not just blindly rely on the last transaction (thats where my thought re council valuation comes in, but am open to other ideas)

This is not always true and mechanism are in place for these scenarios which is exactly how a wealth tax would be managed

 

[Power Raid]

let the market decide is part of the reason housing prices are stratospheric. Too many investors in existing builds.

A very different debate as property prices are high in an inefficient market

Where finance choices is an efficient market

 

[Crankyhawk]

A very different debate as property prices are high in an inefficient market

Where finance choices is an efficient market

The efficient market is a pipe dream. There are always inefficiencies and parties interact with incomplete knowledge (so they don’t have the information needed to act efficiently)