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With a federal election looming at the end of the week, we thought we'd get Peter Tulip on again (previously on episode 27), the chief economist at thinktank Centre for Independent Studies. We got his broadbrushed take on the housing election policies bandied about. Peter is a fan of some, but not others. He thinks the mortgage interest deduction policy from the Coalition stinks while at the same time praising its $5b to ease infrastructure bottlenecks in new estates. He also said the government of the last three years had the right messaging and the right communication but didn't really deliver that much. As a former RBA staffer, and now chief economist at the CIS, Peter is well qualified to deliver the verdict.
00:00-02:19 - Intro and Savings Tip, ETFs
02:19-04:52 - The $5b policy for infrastructure bottlenecks
04:52-07:33 - Mortgage interest deductibility and why it stinks
07:33-09:29 - Labor's $10b for first homes and home guarantee scheme
09:29-14:19 - Why easing red tape is paramount but the feds are powerless
14:19-17:54 - Ditch the serviceability buffer?
17:54-19:46 - Rating the last 3 years of government
19:46-19:53 - Outro
With a federal election looming at the end of the week, we thought we'd get Peter Tulip on again (previously on episode 27), the chief economist at thinktank Centre for Independent Studies. We got his broadbrushed take on the housing election policies bandied about. Peter is a fan of some, but not others. He thinks the mortgage interest deduction policy from the Coalition stinks while at the same time praising its $5b to ease infrastructure bottlenecks in new estates. He also said the government of the last three years had the right messaging and the right communication but didn't really deliver that much. As a former RBA staffer, and now chief economist at the CIS, Peter is well qualified to deliver the verdict.
00:00-02:19 - Intro and Savings Tip, ETFs
02:19-04:52 - The $5b policy for infrastructure bottlenecks
04:52-07:33 - Mortgage interest deductibility and why it stinks
07:33-09:29 - Labor's $10b for first homes and home guarantee scheme
09:29-14:19 - Why easing red tape is paramount but the feds are powerless
14:19-17:54 - Ditch the serviceability buffer?
17:54-19:46 - Rating the last 3 years of government
19:46-19:53 - Outro