This week federal Labor has dumped their negative gearing and capital gains policies proposed to prevent investor rorting of the housing market. Instead Labor has decided to back tax cuts for high-income earners in an attempt to win votes (and no doubt, donations). Labor, a self declared progressive party that prides itself on it’s working class roots, has shown clearly that when it comes to power, it’s politics over people.
At the ACT level these decisions have a very real effect. In Canberra we pride ourselves on being an inclusive and exemplary city when it comes to social and environmental progress. However the cost of living is too much for many. Just this week Canberra Times has reported that the median house price in the ACT has hit $1m.
The lost revenue from these unnecessary federal tax cuts means there will be less funds available for badly needed services. Inequality will increase in our community and the most vulnerable will suffer.
ACT Labor has benefited from a power-sharing agreement with the Greens for 12 years, often claiming Greens environmental and social wins as its own. But disappointingly the ACT ALP hasn’t found its voice to speak up against these recent announcements by their federal counterparts.
Join ACT Spokesperson for Integrity and Democracy, Andrew Braddock MLA along with Greens federal candidate Natasa Sojic for a members only deep dive into why it is essential to have Greens at the table and the complexities and benefits of power sharing. Andrew will update us on his past 8 months in the ACT Legislative Assembly and Natasa will discuss our federal vision for a Greener future.
GUNGAHLIN ACT 2912
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