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MICHAEL'S CURIOUS WORLD's avatar

Bill Shorten would have been a far better PM than Morrison. The people urging reform of capital gains and negative gearing should reflect that Shorten promised to act on those things, but people voted against him, worsening the present housing situation. If Shorten had won and acted, we might not now have such a shortage of rental housing.

Will a cautious Albanese, encouraged by winning a second term, act to rebalance the housing market to assist renters, who are about a third of the housing market? He could limit investment concessions to one investment property, or to a certain maximum property value, while also boosting the existing Build to Rent scheme.

He would also have to boost public housing funding significantly, which should appeal to a PM raised by a single mother in a housing commission house in struggling inner western Sydney.

Another obvious reform Albanese could take up would be to bring a limited dental scheme into Medicare, perhaps for people who already qualify for the pensioner concession card, maybe limited to $1000 a year, just as they also receive concessions for GP bulk-billing and medications. Limiting dental into Medicare to the most needy would be practical cost-capping while also helping the most needy.

Spending has to be paid for. Cost-cutting, while appealing to LNP propaganda, actually has little scope for savings. This government claims to have made significant savings by ousting the contractors who Morrison allowed into government businesses, which allowed Morrison to claim savings by reducing staff numbers, but actually raised costs because contractors inflate their short-term charges and are more expensive than actually hiring people to do the job.

Personally, I would pay for dental into Medicare, and more of the actual cost of Medicare, by raising the 2% Medicare levy to 2.25% or even 2.5%. After all, the promised increase in bulk-billing payments to GPs to get bulk-billing to 90% is predicted to cost about $8.5b, which has to be paid for. If all the extra revenue from a higher Medicare levy went into paying for Medicare, then I think most people would regard that as money well spent.

Australia's Medicare universal healthcare scheme is regarded as one of the best in the world, the best on some comparisons. It only costs 6% of GDP, compared with 16% for the USA's grossly expensive and inefficient private health fund scheme, with its many flaws, including millions of people unable to afford medical treatment and growing medical bankruptcy. I wrote about this in a previous Substack post.

Fully funding Medicare from the Medicare levy would release existing funds to go into other priorities, such as housing and defence, which both need boosting. Health, housing and defence - these are all vital national priorities.

Will a re-elected Albanese Labor Government have the boldness to really improve them for the future benefit of all? If it moves fast, it could have these reform functioning before it has to face the voters again in three years. That would really give Albanese, or whoever is the leader then, a great story to tell to seek a third term in office.

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MICHAEL'S CURIOUS WORLD's avatar

Yes, our so-called Liberals are not liberal at all, they're conservatives.

The 'teal' Independents would once have been moderate Liberals, but moderates are not welcome in the Liberals now.

The Greens are basically Labor-left now.

One Nation and Palmer's mob are extreme right ranters, like Trump.

The centre is now a Labor- Greens- Independents coalition.

Do you agree or have I been too harsh?

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