this post was submitted on 15 Dec 2023
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[–] FengaNails 4 points 1 year ago (1 children)

While I agree the Australian government should be utilizing the tax code to provide nuanced targeting of inflation and living pressures.

The implication that people holding mortgages are unfairly burdened by increasing mortgage rates and that the pain is not distributed through the population echoes hollow. Speculative property investing pushing up rents is doing a fine job or spreading the pain.