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Agree with what you said and for initial contributions, eloquently expressed. Capital gain is the major attraction of NG and recognised by the Howard government as contributing towards funding retirement and alleviating the demand of the ageing population for government pension and care. Of...

Investor wanting to buy IPs partly because of NG helps the state governments collect land tax and stamp duties to help its budget needs such as subsidised housings. Looking at impact linkages at the federal level is only part analysis of the impact of NG on the economy.