[cheap]

Watched ScoMo this evening and he doesn’t look well, but with less waffle from his speech which is good.

He has given the “economic stimulus” rhetoric the flick, after all how do you stimulate something in partial collapse? It may be a mute point but it was always about providing support and not stimulus. The stimulus comes once we have defeated C19.

Would dearly like him to provide clarity as to next steps and options on the table, we are adults. This would avoid the perceived contradictions. For example, just how many stages are there in this gig?

Landlord, renter moratorium sounds good, but I can see this moratorium causing scams, rip-offs and frustration everywhere - and ScoMo’s answer you’ll need to work it out between the landlord, the renter, and the bank.

How do you maintain a depreciate schedule, what does this mean to signed legally binding contracts (as they make no provision for this), is negative gearing included in the moratorium, how do you sell a unit in the midst of a rental moratorium, what will this do to prices, do lines of credit still apply, what are the tax implications, the mind boggles at the can of worms this has opened. Until this is fully understood then as a landlord with an empty unit, I might simply leave the unit empty rather than accept unknown risks/costs.