Joyce Martin, director of JCS Online Resources, says they are able to gain discounts on educational resources of up to 80percentnt by negotiating with publishers on behalf of consortia of schools.
The system, which is run by Limburg.net, an inter-municipal waste disposal company, sees local residents gain discounts at municipal facilities in exchange for reducing their waste and other environmental actions.
"Reforming the capital gains discount should be a first order of priority for the government".
The modelling – still in initial draft form – tries to discredit Labor's plan to limit negative gearing to new properties and cut the capital gains discount from 50%to25%5%, saying it will see established house prices fall by 3%to4%4%.
The second report Morrison explicitly referred to, released on Tuesday by Adept Economics, has been the first modelling exercise of the six papers floating around to fully model Labor's twin policies of restricting negative gearing to new properties and cutting the capital gains discount from 50%to25%50%to25%
He did warn that Labor's plan to restrict negative gearing would have "undesirable risks" and come at a "precarious time" for Australia's property market, but he also agreed in principle with Labor's argument that a reduction in the capital gains discount could help make housing more affordable.
There's no doubt in my mind that particularly removing the 50percentt capital gains discount would, over the longer term, improve housing affordability".
And more than half of all capital gains – and therefore more than half the value of the capital gains discounts – are made by the 2% of taxpayers who earn more than $180,000 a year.
Speaking to the NSW Labor conference, Shorten will say the current policies on negative gearing and capital gains discounts are expensive drains on the budget that are failing spectacularly in their original aims of boosting new housing stock.
Well, the Labor Party has promised to get rid of negative gearing except on all new properties from July 2017, as well as reducing capital gains discounts from 50 to 25percentt.
