英语翻译NegativeGearingNegative gearing has alwaysbeen considered a sacred cow,but with the budget deteriorating rapidly by theday,it is though nothing is sacred any-more.There are now crediblesources indicating Treasury and the Parliamentary Bud
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英语翻译NegativeGearingNegative gearing has alwaysbeen considered a sacred cow,but with the budget deteriorating rapidly by theday,it is though nothing is sacred any-more.There are now crediblesources indicating Treasury and the Parliamentary Bud
英语翻译
NegativeGearing
Negative gearing has alwaysbeen considered a sacred cow,but with the budget deteriorating rapidly by theday,it is though nothing is sacred any-more.
There are now crediblesources indicating Treasury and the Parliamentary Budget Office in recentmonths has been working on plans to grandfather negative gearing in nextmonth’s budget.The plan is to abolish negative gearing for new investors ofexisting dwellings,while current investors will be allowed to continue tonegatively gear.This is designed to prevent a mass exodus of investors at atime when the property bubble is precariously balanced,while taking some ofthe recent heat out of the market.
While it is unclear ifAustralia actually has a housing shortage,the plan will also allow investorsin new housing stock the ability to negative gear in a bid to create morehousing and drive down prices.
BudgetEmergency?Nop,not yet
While the budget is rapidlydeteriorating,one of the positives for Australia is our relative low level of Governmentdebt as a percentage of GDP.The IMF has it at just a bit over 30 per cent.
Sadly,the same can not besaid for households in Australia.Household debt is hovering just shy of 100per cent of GDP,or over three times that of Government debt.As a percentageof household disposable income,household debt is now 148 per cent,stillrising and still continuing to ring alarm bells.
One of the reasons why fewsaw the GFC coming,was simply because they were fixated with government debt.
Housing bubbles,like thesize of the one Australia is experiencing,almost always lead to bankingfailures when prices come tumbling down.Banking failures require governmentbailouts.Following the last minutebuyout of Bankwest in October 2008,preventing its collapse andpotentially triggering the collapse ofSuncorp,the government moved to passed legislation to set up the committedliquidity fund to the tune of $380 billion.This means,when thetime comes,the government is better prepared and the Australian taxpayer willbe ready to bailout the banks – thanks guys.
Overstretched householddebt can very quickly turn into government debt.For example in 2008,Irelandhad a government debt to GDP of just 25 percent,less than Australia today.In2013,it was 117.4 percent,following the devastating collapse of its housingbubble.
If the government can’t getour housing bubble under control,then today’s budget emergency will pail incomparison.
英语翻译NegativeGearingNegative gearing has alwaysbeen considered a sacred cow,but with the budget deteriorating rapidly by theday,it is though nothing is sacred any-more.There are now crediblesources indicating Treasury and the Parliamentary Bud
NegativeGearing
负杠杆已经alwaysbeen视为神圣不可侵犯的,但这一预算迅速恶化,虽然没有什么是神圣的any-more.
现在crediblesources指示财政部和议会预算办公室recentmonths一直致力于计划在nextmonth祖父负杠杆的预算.该计划是为新的投资者不能废除负杠杆的住处,虽然目前的投资者将被允许继续tonegatively齿轮.这是为了防止大批投资者的捕捞当房地产泡沫不稳定平衡,虽然采取一些最近热的市场.
虽然目前还不清楚ifAustralia实际上住房短缺,该计划还将允许investorsin新住宅的能力负齿轮,以创建morehousing和压低价格.
BudgetEmergency吗?Nop,还没有
虽然预算rapidlydeteriorating,澳大利亚的优点之一是我们相对低水平的Governmentdebt占GDP的比例.国际货币基金组织仅为30%多一点.
不幸的是,同样的不很多家庭在澳大利亚.Household debt is hovering just shy of 100per cent of GDP,or over three times that of Government debt.percentageof家庭可支配收入,家庭债务现在是148%,stillrising,仍然继续敲响了警钟.
的原因之一fewsaw GFC来了,只是因为他们专注于政府债券.
重要的是房地产泡沫,像一个澳大利亚正在经历,几乎总是导致bankingfailures当价格暴跌.银行需要governmentbailouts失败.后的最后minutebuyout Bankwest 2008年10月,防止其倒闭可能触发ofSuncorp崩溃,国家政府搬到通过立法建立committedliquidity基金共计3800亿美元.这意味着,当时间到来时,澳大利亚政府更好的准备和纳税人会准备救助银行,
过度householddebt可以很快变成政府债务.例如在2008年,Irelandhad政府债务与国内生产总值的25%,低于澳大利亚今天.In2013,117.4%,housingbubble的灾难性崩溃.
如果政府不能控制getour房地产泡沫,那么今天的紧急预算将桶相比之下.
输错了好多
_(:з」∠)_明天交作业了啊哈哈哈哈哈