@GeoffM75@AvidCommentator@Potstirrer111 He is talking about negative gearing which is the ability to claim the difference between interest and rent on tax. You are thinking of CGT.
@itsmattgodwin@EnergyWrapAU If Australia wanted to build a pipeline to say Japan the tax scenarios that Pocock talks about might be possible. Arguments around resource taxes are valid but he seems to have very little understanding of the why those contracts exist or the product Australia is selling.
@itsmattgodwin@EnergyWrapAU Yeah mate you reference LNG not natural gas. LNG is a value added product typically priced when landed. So when you say ‘let’s tax LNG’ you are talking about a tax on a price of a valued added product once it’s has been shipped to a destination.
@Scutty Not sure about this one, I have no love for crystal meth Rumsfeld but the article only really mentions his broker at MS. His broker might have 100+ clients and it seems like a broker buying a defense ETF when a carrier strike group has been sent to the Med is not that unusual.