Two months in, the data suggests Labor's property changes may have made it even harder for first home buyers to enter the market.

I know the solution - a 2% deposit scheme. If 5% was good, 2% must be better!

Are you telling me that Jim Chalmer's doctorate on Paul Keating hasn't made him the most awesomest treasurer in the history of Australia?

Not supprised mate, Labor party couldn't even organize a pissup in a brewery. All they could do is tax it.!!!

The real intent of the communists' plan is for our youth and future generations to own nothing!

RUBBISH -

It was never about helping FHBs. The ALP despite spending huge amounts of taxpayer money on media advisors are convinced that the electorate has an average IQ of 75. And that we will ignore the evidence of our eyes and ears if they keep repeating the same spin and lies.

Why would a first home buyer, who is probably borrowing to their limit, buy a property that will be lower in value than the loan? The bank will make a call on them to fix the LVR or sell the house from under their feet.

Socialists love the quicksand of misery and despair And spending other peoples money

@PaulineHansonOz , @Barnaby_Joyce @OneNationAus better be getting their shit together quickly - @AustralianLabor are handing them the next election on a platter - you have one chance at this - don't f**k it up! No policy on the fly! Australia needs rock solid governance!

No pain, no gain....successive Governments created this problem...it will take a while to fix this mess and yes, it will be painful for the few, but great for the many!

Thanks for shining a light @rjmontgomery

Not a problem.

we all know it was not about first home buyers

That’s what happens when you try and alter the market with govt intervention.

One correction, the new CGT rules does apply to new builds. It applies to everything It is NG that remains for new builds

Cry harder

Sounds like the prices just need to fall further.

Our society will continue to get punished until we learn that what made us wealthy was hard work and productivity. Right now the definition of hard work is a lot different to that of a few decades back.

Good point

Rubbish!

Whaaaaat, no one ever could have seen that coming.

That’s because the goal was never to fix generational wealth inequality or enable more youth into the market. The goal is you will own nothing and be happy while they do as they please at our expense.

How can I make payment ?

Decent synopsis

Thanks Jimmy.

Because on NEW builds the CFMEU will control it !

Labor is a disaster

it's the banks! it's only the banks! and nothing but the banks!

No shit.....

Two months in? Is that really a long enough timeframe to be analysing impact?

What data suggests lower prices make it harder to buy

Good. The changes to property aren't the problem, it's the broader CGT changes that will hurt us longer term.

Great videos Roger.

Thank you, Charlie

Maybe publish a link to this data??

That’s Albo and his circus 🤡 clowns 🤡 for you 💩💩💩💩💩

I presume three rate increases have nothing to do with fall. New applicants need to have a buffer as well - lenders need to be sure they can meet a higher interest.