The Wakelin Blog

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Herald Sun: First Home Buyers Grant outstays welcome

Herald Sun: First Home Buyers Grant outstays welcome

See Monique's 26th May column in Herald Sun here . Alternatively read on: First home owner grants: a $22 billion policy failure Wayne Swan says he’ll do whatever it takes to put the Federal finances back into surplus in 2012/13.  Many commentators are naturally sceptical he’s done enough in his recent Budget to achieve this aim. For that matter, not only am I sceptical, I also question why some very obvious cost-cutting hasn’t occurred...

Commentary in Leader newspapers

Commentary in Leader newspapers

Click here for Monique's comments in Leader newspapers on the prospects for the Melbourne property market after the 50-basis points cut in the Reserve Bank's cash rate in May.

Politically safe Budget much ado about nothing – though it may assist the lower end of the property market

Politically safe Budget much ado about nothing – though it may assist the lower end of the property market

The Federal Treasurer has shown little vision, with few if any initiatives in the Budget that will stimulate economic growth. The best that can be said is he has provided assistance to very low income householders and that by finally returning the Budget to a very modest surplus next year, the Government is creating room for the Reserve Bank to cut interest rates further. However, lower rates are a sign of economic weakness, so this is a mixed blessing...

Short-sighted super cut

Short-sighted super cut

The Federal Government’s proposed change to concessional taxing of superannuation contributions by high income earners flies in the face of the long-standing message out of Canberra to all workers that they must self-fund their own retirement. This is a responsibility that most people take very seriously...

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