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Labour Party rolls out its electoral proposals as internal strife increases

Prime Minister Robert Abela began rolling out the Labour Party’s electoral proposals earlier today as internal strife within Labour increased. Only a few proposals were announced today, as the Labour Party’s electoral manifesto remains unpublished. The Nationalist Party is also set to publish its electoral manifesto soon, as announced by the Opposition Leader earlier today.

The Labour Party is proposing a new government subsidy for mortgage interest payments in a scheme called “My First Home”. The Labour Party is pledging to pay up to 25% of a property’s value for first-time buyers aged 23 and above, for properties with a maximum value of €300,000. The Labour Party pledges to pay up to €75,000 in interest payments to couples and up to €65,000 for single persons.

Another proposal by the Labour Party is to increase the subsidy provided to parents for their newborns from €1,000 for the first child, €1,500 for the second child, and €2,000 for the third child, up to €5,000 for every child.

The Labour Party is also proposing to provide a tax-free regime for student graduates who become entrepreneurs or start a new business and receive an income of less than €30,000.

Despite these proposals, which come in the context of rapidly rising house prices and the lowest birth rate in Europe, headlines today in the press focused on ongoing internal strife within the Labour Party. Disgraced Ministers Clayton Bartolo and Roderick Galdes have both been denied a nomination for the elections on the Labour Party’s ticket. A faction within the Labour Party is turning against the Prime Minister for these refusals, mainly composed of Alex Agius Saliba and the canvassers of Roderick Galdes and Clayton Bartolo.

Alex Agius Saliba is being accused by party insiders of compromising the party’s standing with his blind approach to corruption and wrongdoing, while others are now attacking Chris Fearne and Rosianne Cutajar, demanding that they are not allowed to contest on the same grounds as Roderick Galdes and Clayton Bartolo.


Comments

8 responses to “Labour Party rolls out its electoral proposals as internal strife increases”

  1. M.Galea avatar

    Issa reggha tfacca Franco Mercieca. Qalilna li l-villagi infaqghu bil-bini imma ghandna bzonn l labour ghal kwalita ta hajja ahjar!! Imma dawn ma jafux jisthux?? Dan jafx inhu jghid?? Kollha pezza wahda! Mela mhux jaghmel bizzejjed flus Franco Mercieca??

  2. Toni Borg avatar
    Toni Borg

    So Labour is proposing subsidizing first time buyers upto 25% of the property.

    That must have come from the MDA as the result of it, in practice, will be higher property prices!!

    Similar to the fast rail system introduced a few days ago, Labour has not done any homework but simply churning out vote buying sweeteners!!

  3. […] is increasingly being directed to the banking system and the construction industry. The latest proposals announced by the Prime Minister on interest-free loans may sound attractive to those who are struggling to buy property, but the reality is that these […]

  4. Malta Needs a Huge Change! avatar
    Malta Needs a Huge Change!

    Hailing from a PL background for decades, it was hard to me to decide to vote them out of power.

    I am cautious about the PN.

    BUT – for those who discern beyond the mass propaganda and empty rhetoric, backed by the public purse, the PL needs to go to the opposition at all costs. And trying to include everything in my calculations, I have to vote PN – the less evil and criminal of both.

  5. […] Labour Party’s new social contract will make banks and construction developers significantly richer. Society’s wealth is […]

  6. […] is ongoing strife within the Labour Party after Roderick Galdes and Clayton Bartolo were not allowed to contest the general election. Meanwhile, Joseph Muscat is […]

  7. […] my discussion about the Labour government’s proposed subsidies for first-time property buyers, and the alternative solutions to such a policy, it should be […]

  8. […] PN has embraced direct subsidies just like Labour and is mirroring Labour’s Peronism. Apart from also promising stipends increases, and workers bonuses similar to Labour, PN is also proposing direct subsidies for first-time home buyers ranging up to €45,000–€50,000, mirroring Labour’s own subsidy programme. […]

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