Just completed the following survey that my local MP has on their site. I bet nothing is listened to and it's purely to "make us feel" that we have some say and input. :-(

The survey URL is this: https://www.zanetamascarenhas.com.au/community/community-survey/

My responses at that page were these:

Australian tax law unfairly privileges real estate investments over all other asset classes. Expanding the tax advantages currently exclusive to real estate would provide numerous benefits to Australian citizens and the nation as a whole. I would like to see Capital Gains Tax (CGT) Exemption for all investment classes up to national mean price of residential dwellings and adjusted as that figure rises (currently $1,002,500). The same long-term CGT discount applied to real estate should extend to all investments. Push for legislative changes to end all forms of tax bias in favor of real estate.

Ignorance of representatives in parliament. This short, educational video was presented to a community group in California recently. Please make time to view https://youtu.be/UAuyF7JJT0w and share with fellow politicians, many of whom still have simply no idea. A little knowledge (or having already made up a mind from outdated information), is a dangerous thing.

A couple who owns their home can have up to $481,500 in assets before their aged pension is affected, while a non-homeowner couple can have $739,500 which is a difference of $258,000. This implies that homeownership is being “valued” at $258,000 for the purposes of the pension test. Significant equity in the home is completely exempt from assessment. Meanwhile, non-homeowners, who often face higher living costs due to rent and have no long-term housing security, are penalised if they’ve saved a similar amount in liquid assets. The system rewards property wealth while punishing those who may have missed out on homeownership due to life circumstances beyond their control. How is this policy is justified and are there are any plans to review this clear imbalance.