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Change in PM will be a boon for the mortgage industry

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Australian Broker | 16 Sep 2015, 08:00 AM Agree 0
The mortgage, finance and property industries have responded positively to the Liberal Party’s leadership coup, which saw Malcolm Turnbull become Australia's 29th PM
  • GC | 16 Sep 2015, 09:08 AM Agree 0
    Turnbull needs to look seriously at the actions of APRA and ASIC before any changes take place. The problem is that these two groups have the complete backing of the RBA. I seriously doubt any change will come about, therefore I wont be holding my breath.
  • Really | 16 Sep 2015, 09:30 AM Agree 0
    What GC said!
  • king clive | 16 Sep 2015, 09:50 AM Agree 0
    He just needs to do what the kiwis do - 5 things:
    1. Have a flexible non unionised labour force
    2. Increase the GST across all goods to 15%
    3. Increase the medicare levy by 25%
    4. Reduce company tax to 25%
    5. Have one depreciation rate for small business of 33% PA on equipment
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