Monday, 12 September 2016

Government savings news

Credit to Labour for taking the initiative to come up with a compromise to provide government saving measures with the Liberal government.  I imagine this will pass without opposition because it really does not target the most vulnerable, unlike past budget measures.  It will place further pressure on the real estate market as rents will have to be adjusted to less generous family benefit payments.

https://au.finance.yahoo.com/news/labor-backs-governments-budget-savings-021819882.html

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