Inflation

Recently, the Labor government has announced new changes to the tax reform plan, originally legislated back in 2019 by the then Liberal government. In short, the Labor’s new changes have reduced the cut applied to high-income earners, and marginally increased the tax cut for mid and low-income earners.

Yes, it is a silly word, but “Yes-In-My-Backyard-ism”, represents some very serious housing ideas that are rapidly gaining support in Australia and around the world. If you’re unfamiliar with the term, this article serves as a brief introduction to the movement and its beliefs. We’ll also look at what its popularity could mean for Australia, and what informed investors need to consider.