Federal Election

Political deadlock and housing affordability

Tuesday, August 31st, 2010

As the major parties and the independents continue their talks and Australia stays in political deadlock, there’s a glaring issue that no party has really directly addressed – and that’s housing affordability.

Because although there has been much talk about what they may do with respect to specific contributors to the economy, there hasn’t actually been any specific policy or initiative mooted by either party to address why some Australians simply can’t get into the property market.

And the issue largely comes down to the supply of property and the main issues concerned. (more…)

Debt – and the top ten causes

Monday, August 16th, 2010

I’d like a dollar for every time I’ve heard a politician talk about the issue of debt during the current election campaign.

And while there’s no disputing that debt is certainly a problem in Australia – whether it’s government debt or consumer debt, it still comes down to how to manage your way out of the situation, which is why it’s at the heart of who will win office this Saturday.

So as I’m not a Federal Treasurer or Finance Minister there’s no point putting in my two bobs worth on how to address government debt.

However….what I can do is shed some light on the issue of consumer debt by going through the ten main causes. Because often when you see individual triggers of debt it can become easier to eliminate the cause, rather than trying to manage the symptoms. (more…)