Feb 1, 2013
Crikey readers have their say on the issues of the day.
Abbott’s plan misses the unions
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To explain in detail how this could be done requires more space than available in this submission.
Actually it’s really not that complicated.
Eliminate negative gearing and CGT discounts.
Institute a Land Tax or “use it or lose it” legislation to make land-banking impractical.
Require minimum deposits of 25% for owner-occupiers and 50% for investors.
Reduce restrictions on land use.