5 - The Blueprint
Episode description
This week Stephen and Ivan talk about the regulator crackdown on interest-only loans and the AICD's Blueprint for Growth, which outlines our national reform agenda.
Discussed in this episode:
[0:46] APRA interest-only loan crackdown
[0:57] RBA Governor's property warning
[1:14] Bank executive comments
[1:33] APRA’s original 2014 restrictions
[3:44] RBA’s April interest rate decision
[4:05] Council of Financial Regulators
[4:41] Glenn Stevens on ‘crazy’ house prices
[5:17] RBA turns downbeat
[5:27] Surprise jobless rate increase
[6:07] AICD’s Blueprint for Growth
[7:06] AICD education programs
[7:37] Stephen on infrastructure
[7:50] Negative gearing escalation
[8:14] Morrison: “We have a spending problem.”
[8:49] Morrison: “We have an earnings problem.”
[9:14] 2016 budget spending GDP share
[14:07] Superannuation tax concessions cut
[14:12] SME company tax cuts
[14:22] Tax efficiency
[15:15] Regressive tax
[15:35] Land tax
[16:17] Milton Friedman on tax
[17:11] Australian current account deficits
[17:53] Negative gearing in 2016 election
[18:20] CGT discount introduced in 1999
[19:16] Government considering CGT changes
[19:30] Henry tax review
[21:58] Where Ivan misquotes Keynes
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