Labor's giving foreign funds tax cuts to enter the housing market while Australians are locked out
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- čas přidán 24. 06. 2024
- Why would Labor give foreign fund managers tax cuts to enter the housing market, when Australians are being locked out of the housing market?
This government should be tried for treason.
the childishness of their behaviour is disgusting.. they know they are corrupt and are just taunting at this point.
They removed the government treason laws from the Constitution…can’t imagine why hey
Absolutely right - they meet the definition....
The betrayal of allegiance toward one's own country, especially by committing hostile acts against it or aiding its enemies in committing such acts. The betrayal of someone's trust or confidence. The offense of attempting to overthrow the government of the state to which the offender owes allegiance, or of betraying the state into the hands of a foreign power; disloyalty; treachery.
Gallagher is a bloody disgrace
& She knows it & has no shame!
She Emily's List. Go look who else is there. You'll see some familiar names, Aussies need to get onto this because it's been going on for too long.
@@deanhall6045 can’t believe I’d never heard of this … wasn’t hard to find either
@@LodgicalThoughts if only more people were aware mate, this organisation has given us some shockers over the years. They're not all, but mostly, Labour. And yes I know its spelled as Labor but I refuse to do anything the American way. We let a Canadian who called himself an American change our spelling in 1912 or there about, but it should be changed back. Cheers mate.
Foreign investors have no business building houses here!
Rouse Hill & Kellyville, Parts of Castle Hill are all foreign investors building estates, I did building development approvals NSW, & company investor insurances where all over seas.
I want to build to rent and I can't make any head way. It's criminal
But albo met with Blackrock who is buying houses en masse in USA November 2023. And surely got a handy political "donation". That's why. They don't serve us the people they serve themselves. I'm sure he will get a good post st bhp, Santos, Blackrock or become an ambassador somewhere after his huge amount of work. 😜
They build entire apartment buildings.
Gallagher is just such a horribly arrogant and miserable person.
@@tovsteh compliments of Emily's List. Go look. Please. Its got to stop.
More word salad from these idiots. Don't give foreign companies tax cuts. Spend the money fixing rules and regulations, AND SUPPORT AUSTRALIAN BUSINESSES TO BUILD HERE.
Why are we trying to help foreign investors?
Because they fund the Labor party with donations.
Sheep keep voting the same parties in year after year when will they wake up ?
The do great laundry
Why doesn't Labor let Australian taxpayers own their own homes instead of just encouraging foreign investment so that foreign investors yet again reap the rewards of capital growth..🤬👎🏼..
For the same reasons the LNP didn't when they were in power, and so back and forth over the last 30 years of the real estate bubble. Also the same reason the Greens haven't supported it since Bob Brown left the leadership. To make home ownership affordable in Australia we would need to cool the market first and lower housing prices.
But every single politician in Canberra, and every single politician in state parliaments around the country are themselves real estate investors. Every single one of them have a financial vested interest in INCREASING the cost of housing because it increases the return on their investment. See how that works?
So when you have foreign capital funds come into the Australian market and start buying up land/housing, what do you think happens to housing and rental prices? Here's a hint, they don't go down.
The same is true with all the "housing affordability" schemes. They have quotas for a reason. That quota is the target number to artificially inflate demand enough to keep the market hot and prices going up.
It's all a huge scam by both wings of the uniparty. This won't get fixed so long as politicians are allowed to be real estate investors or accept donations from developers.
Nope rudd opened up foreign ownership of Australian property
Same old story
@@tjmarx yep it happens in local councils as well. Cheers.
@tjmarx ..Very well said..!..The coalition did have a plan where first home buyers could access their superannuation to invest..Labor and the Green against that policy (Because under Labor and the Greens it isn't really your superannuation anymore us it)..I do think Albasleezys immigration pokicy will haunt Australians for decades...All politicians seem to work for the globalists...I am so sick of them all..!!!
How arrogant is Gallagher. She can't stand it when somebody points out labors flaws.
Foreign investors don't invest for Australians. They invest for foreigners.
No more foreign ownership on homes! Definitely no more subsidies for foreigners.
To make a profit.. they have to pull a lot more money out of Australia than they put in, it's very simple arithmetic.
that is descusting Labor
Black Rock, Vanguard!
So true
EXACTLY!
Maybe we should be checking the relationship of the politicians to all these organisations. Conflict of interest, maybe?
@@tonidantonio9877albo had a meeting with Blackrock ceo in November 2023.
Spot on.
Why aren’t Australians helped to build to rent? Seriously… keep the money in Australia. You don’t need a degree to work that out. Kg has no idea….
Correct. NO foreign entity should be allowed to buy FREEHOLD land, houses, farms etc in Australia only leasehold as the MINORITY partner with Australian investors.
Because the idea isn't to get Australians into homes. The idea is to increase the price of housing.
Selling Australia to corporations
The chair is bias, Vote One Nation.
I have last two elections. Unfortunately the media apparatus won't give air time to them as they are sponsored by the same companies that donate to the two major parties. It would require people to do research. Not just flick votes as the last mob did nothing, or worse the hottest people handing out how to vote cards or attractive people on posters. Most voters have the attention span of a mosquito. That's why they get squashed like a bug.
What a 🤡 show
No it's a 💩 show and we are in the middle of it..!!
Katie Gallagher is just rude and trying to distract from the question. These PS don’t know what the details of their programs are, hopeless!
Yes they should be able to quote the figures off without hesitation. Or a least be able to flip the pages over quickly in those folders they are all carrying around.
How anyone can vote for Gallagher in the future is mind boggling
Probably people just as smug.
There would be 20 people in that room on $200,000 plus salaries producing nothing.
Those brown envelopes don't fill themselves...
Wow, we are screwed as a country.
You will own nothing and be happy
The sooner people realise that Labor are the enemies of working Australians the better off our country will be.
USA, UK and Canada. 3 countries with the highest housing and rental costs in the OECD. And they want to bring that here? Crikey.
Pox on Labor's lack of loyalty towards Australians.
All those catch ups in Davos are now starting to pay dividends.
And the minister sits there with that inane grin. Where are all the tradies to build them, I think I have seen 4 builders go bust this year already
And those builders will create a new entity, get into the market, rack up huge tax credits and then collapse again repeating the process thanks to co-operation by Labor and the unions as they donate campaign funds to Labor.
What a display of total nastiness from ms Gallagher ...
Foreign corporations should have no critical infrastructure in Australia.
This should include, banking, housing, food, minerals, power, etc.
Nothing critical to a successful and cohesiveness society should be foreign entity controlled assets.
Wait so selling our entire telco network to China wasn't a good idea?😮
@@Zerbii exactly what we wanted to do, zero local investment in the future of war.
Looking after their wef mates as usual it's not about the welfare of Australia if it was you wouldnt have people living on the streets homeless and next generation of children in poverty
Pathetic.....
Having enough trouble with state bldg authorities passing shoddy structures, what do you think foreign investors will do. More bribes, only interested in a graph showing profit. We've seen a no. of apartment complexes that were failing b4 completion & the developers just head back overseas with no accountability for correction or clean up.
Gallagher - a head only a mother could love.
Like usual going know where! Wast of space these people.
Why not just give more incentives to the domestic market???
Please!!!!!! I can't build a house but foreighners can????? Bring on the election
Vanguard and black rock
Wtf!!!!!!!!
This is an absolute disgrace, start supporting Australians, stop selling our country out from beneath us!
Evil
Bring on the next election! ASAP !!
They are a bloody disgrace. The one in grey looks like Grandpa Munster.
I don't care about looks as long as people are clean and dressed professionally. What is annoying is that they don't have ready answers.
Nosferatu
Labor is focused on making Australians a renting country while foreigners own the homes and get rich, I think they have that backwards and should be finding ways to help Australian own their own home.
Foreign investors like Blackrock?
What a ingenious idea if you were trying to totally stuff Aussie up more don’t we learn anything from selling our assets to foreign investors in the past ? Labor’s good at pumping themselves full of money and their investors! what the heck is wrong with Labor Party
This guy told me their for the working class Australians like heck.
Labor is there for themselves.
Both parties have been doing that to the people of Australia since Howard
@@clydesimpson1462
Just like all Politicians
Its not just a Labor thing
@@Noddy2750excellent point
@@Noddy2750 agree but albo and labor has reached the bottom of the pit
And liberal has also thanks Scomo
When will the government put Australians first,,, this is beauocracy in disarray!
There won't be one house built this is so hilarious and unaffordable
Cackle of geese 😂
Out of touch government.
Grubbermint has just about sold the WHOLE NATION by now.
All women lol 😂
Why does Gallagher babysit every adult that fronts up to these Q & A or 'On Notice' get to togethers?
What a surprise!
If both parties got rid of big govt and dropped taxes Australia wouldn’t need to go externally to find money.
No foreign companies or individuals should be buying Australian homes. Start to put us first.
150 000 homes not owned by Aussies but rented by Aussies, slaves forever .Another brilliant government idea .
That's just like a cattery rather than a parliament, women don't debate
And the only answer ALP has is " what about you " !!! While having no answer or solution or REAL outcomes ...question ? How houses have you built ?? Answer ...zero !!
Why wouldn't you want a Chinese corporation to own every house on your block?
That sounds delightful.
If you are in China maybe, not on Australia.
Had a Indian bloke build a 5 story apartment block
He paid nearly a million dollars for 4 houses in my 9 house street (thats a million each house)
49 apartments 2 story underground car park
Apparently the Indian bloke is now in jail for fraud 😂😂😂
Because labor care about the rich investors not people like my son trying to buy a house,rich get richer,poor get poorer
So these will be high rise units? For long term rent , so does all the rental money go out of the country or does the Government buy the units for social housing? It's impossible to follow this or the logic of it. Builders from the UK and the US have had no problems??? Really?? Units come to a stage where they are no longer viable because of upkeep, then they will be dumped on the market.
It's funny how most Australians are asking for a hold in foreign investment in the housing market. but Labor seems to think it a great decision to let wealthy foreign investors buy all the houses up from under the nose of Australians, but Australians will rent them of the foreign millionaires, another great job by Labor
SPOT ON, LET THE PEOPLE LEARN THE TRUTH.....
FFS!
After watching a few of these videos, does Ms Gallagher have anything constructive to say or value add to parliament.
They look at each other when answering to help make up a lie!!
Aussie Media bemoaned foreign buyers for 20 years. Labor wants 150,000 foreign investor properties-promising tax reductions and incentives.
"You will own nothing and be happy". Labor is following the playbook to a T.
why not let Australians have access to their Super and let Australians build their own homes and keep the profit in Australia and not send it off shore?
funny how the chair doesnt check Gallagher when she mouthing off about nothing
Has anyone noticed that Gallagher never gets "reprimanded to order" ' by the chair?
She is constantly "combative" and "avoiding" and makes "personal insults" towards the various senators that question her. I have noticed this many times.
How about using those funds to encourage Australian home ownership? There’s a novel idea for you! This government is broken.
It’s almost like they’re opting for the WEF approved Blackstone model. 🤔
Funnelling new Australians into Australia….and tax dollars out.
Follow the money, such an anti Australian policy must be making those responsible rich.
China/other buyers 15000 but lucky to even reach that number of houses build, but what but Australian buyers ????? numbers ????? pushed out
Foreigners have been doing this for years, the Libs love foreign investment
So it’s not open to super funds that Australians have their super in, but it’s open to foreign funds. Makes sense…to someone I guess
Australian Government working for Foreign People not Australian People... very very sad.
HOW ABOUT BUILDING TO OWN. remove all your development taxes that way making buying a property affordable.
So 300 50 household complexes? Looks more and more like you need to own already...
Everything missing in the australia
Can we not all try to build more houses? The birth rate is below replacement, so any "overcrowding" or "housing shortage" is purely from excessive migration of non-Australians. Work it out.
So where does the materials and people come from to build these houses? What can foreign investors do that cannot be done here?
What mushrooms are these people eating?
Are they actually suggesting Australians cannot manage this on our own?
Build more Single Bedroom Apartments.
How rude was Gallagher
She needs to be called out for her smug attitude.
My kids want a tax break and so does all the people who own rental properties in victoria whp are being slugged by the governments land tax empy house tax etc etc !
Gallagher needs to pull her head in, this Holier than Thou attitude is typical of her, She's never going to Struggle living in her Gated community on the Taxpayers dime !
Thought they werent bringing as much foreign buyers in here.So there lying.Again and again.
Labor needs to be tried for treason
Foreign investors will own us
She’s consistent. I hope voters judge her on her behaviour and competence because that is the foundation and she fails both. That’s how she would treat the average person on the street when challenged. Remember that a leopard doesn’t change its spots. Obnoxious person!
Lids… absolute lids
These women are just foul
get rid of gallagher and the Australian people may have a chance.
Why aren’t Australia super fund doing this $$$
If foreign countries and funds want to get in on it then they should be paying double no tax relief or incentives as their currency is valued higher than the Aussie dollar
Simple formula
Perhaps more of us Australian simple folk should run the country because these clowns have NFI
Building more houses bring in more immigrants that sounds like a very clever Labor plan. Meanwhile Australians are living on the streets, while these fools talk crap
Gallagher needs to go.
"Why would Labor give foreign fund managers tax cuts to enter the housing market, when Australians are being locked out of the housing market?"
Bribery and corruption? Call it an 'educated guess'... 🤔
That Gallagher bloke is too confident... to the point of being smug. He needs to pull his head in, and maybe update the wardrobe...
Nasty Nasty Katie Gallagher - she's still got it!