National
Budget relief: Government steps in to save struggling landlords wanting to negatively gear their 4th property
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Sighs of relief have been heard around the country clubs tonight, as Labor announced plans to help those struggling most right now; landlords wanting to negatively gear yet another investment property.
“Finally, a government thinking about the little guy,” said local investor Gregory Richbone the 4th. “I was worried that in order to buy my 4th investment property I would need to take out a loan, on the new yacht but luckily now I will be able to find the money to buy it outright.”
“You know I was really worried about how I would survive in these conditions, you see I already lifted my rent by $200 and have to wait a little bit before I can raise it again. But now luckily I will be getting the support to tie me over until the stage three tax cuts give me a major boost.
Meanwhile a local renter was devastated to hear that “the first surplus in 15 years” is not accepted by their landlord as payment.