The 2022 budget has been nothing but a blatant attempt to ignore the real problems for another 6 months or so. I'm not an economist but that doesn't stop me from having an opinion lol. So here's my brainstorm of ideas that make more sense to me.
Scrap negative gearing - housing is a necessity and treating it as an investment is shortsighted and a disservice to future generations especially if you're not at the least a mega-millionaire and can afford to purchase all of your kids and their kids a roof to live under. Also, less money tied up to mortgages means more money to spend or to actually invest into business etc
Scrap home buyer grant (but not without scrapping negative gearing first) - not a real solution just an attempt to shift the problem to another day.
Reduce or even scrap capital gains tax from non-housing related investments
Forget about cutting fuel excise and instead provide grants and scrap GST and LCT for electric cars. Maybe even proved interest-free loans for EVs like ACT.
Invest in more EV friendly infrastructure and renewable energy that wouldn't be affected whenever dictators in other countries wake up and choose violence.
Provide incentives/grants/tax benefits to install solar and battery storage for homes and small businesses - this would also reduce cost of energy
These are some of the things I think about a lot - am I wrong?
Yes. You are wrong.