The debt cap would take the gross debt to GDP ratio to around 55 per cent, which would mark
the highest level since the 1950s. The budget deficit was also expected to peak at $210 billion.
At least they are will to give a budget not like Qld government
DEBT AND DEFICIT DISASTER!!!
Remember the debt and deficit disaster? These hypocrites are unbelievable. auspol
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Loans Loans Latest News, Loans Loans Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Extension, price-cap increase of First Home Loan Deposit Scheme ‘reflects’ expensive prices | Sky News AustraliaThe government's announcement of an extension and price-cap increase in Melbourne and Sydney for its First Home Loan Deposit Scheme reflects the expensive nature of those markets, REA Group Chief Economist Nerida Conisbee says.\n\nThe scheme will be extended to a further 10,000 Australians – allowing first home buyers to get a loan for a home with a deposit as low as five per cent.\n\nMs Conisbee gave a run-down of some areas people can find a bargain.\n\n“We track views per listing on a suburb basis around Australia every month, so it does give a fair idea as to what is popular and what isn’t,” she said.\n\n“In Melbourne there are some areas that are always very popular: you’ve got area like Forest Hill and Box Hill which always rank in the top 100 in Australia but have really plummeted in terms of popularity – primarily due to the fact they do have high proportion of overseas-born.\n\n“Melbourne obviously is very challenged at the moment in terms of being able to sustain sales levels so there isn’t much on market.\n\nAt the moment, if you really want to get into the market, if you’re a first-home buyer, it might be worthwhile having a look at many of those locations.” Too Little, Too Late The market has been so inflated by overseas investors that owner/occupiers & first home owners are prices out of the market. springst auspol Tax payer money should not be spent speculating on unproductive and illiquid plots of dirt that are not supported by incomes and already shaking under a mountIan of pointless debt BREAKING: One News Corp boss tell another News Corp person to publish a promotional article to cross promote another News Corp business.
Source: SkyNewsAust - 🏆 7. / 78 Read more »