Clive Massingham

[Clive Massingham @Cliveooooo]

@LovelockEdward @SkyNewsAust Tax cuts?

[Clive Massingham @Cliveooooo]

@JEChalmers Just more Govt defects which will get picked up by taxpayers. Make no mistake we are all paying for this.

[Clive Massingham @Cliveooooo]

@FabrizioRomano This guy is a top manager. Very pleased!

[Clive Massingham @Cliveooooo]

@jon_s1989 He’s perfect. Not sure what you’re expecting.

[Jason Olbourne @JasonQCitizen1]

Here we go. An inheritance tax is coming.

Suddenly your parents don’t get to choose where their money goes, the government does.

A government that imports people and puts them on welfare, a government that refuses to investigate welfare fraud suddenly wants to reward your hard work at the beginning of a massive jobs decline due to AI jobs replacement.

Kick them to the curb. They are vampires sucking your money like blood.

[Clive Massingham @Cliveooooo]

@DrCameronMurray @urbanizationist I wouldn't be surprised if the government moved to cap withdrawals from industry and retail super funds as a way of managing liquidity risk, especially given the growing number of people entering retirement with substantial mortgage obligations.

[Clive Massingham @Cliveooooo]

@JEChalmers It’s a tax grab!

[Clive Massingham @Cliveooooo]

@DrCameronMurray @RizviAbul What did Canada do?

[Clive Massingham @Cliveooooo]

@VigourJrC @AnfieldWatch He stays fit

[Clive Massingham @Cliveooooo]

@DrCameronMurray Agreed. The concern however is that when a CGT event occurs, the entire taxable gain is assessed at the marginal tax rate in a single year, even though the gains have accrued progressively over multiple years. It doesn’t seem equitable to tax all of those gains in one income year

[Clive Massingham @Cliveooooo]

@DrCameronMurray @SamKSS @clairlemon So if the trust sells the $10mil in assets and distributes the proceeds to beneficiaries, is this not taxed at 30%?

[Clive Massingham @Cliveooooo]

@AnfieldSector @_pauljoyce Keep Jones, sell Slot

[Clive Massingham @Cliveooooo]

@cjoye I think Labor will only adjust CGT on property. The blowback from the sound bites have been massive.

[Clive Massingham @Cliveooooo]

@Poundy90 @AvidCommentator Countries where rent systems typically regulate both new rents and existing rents, at least in significant parts of the market:
Germany
Sweden
Netherlands
France
Spain
Denmark
US (select cities like New York)

Any form of rent control in OZ would be political suicide IMO

[Clive Massingham @Cliveooooo]

@AndreaCapellin4 @cjoye The market will always price in a fairytale.

[Clive Massingham @Cliveooooo]

@DrCameronMurray Not very convincing

[Clive Massingham @Cliveooooo]

@BrianCHouston Go Manly!

[Clive Massingham @Cliveooooo]

@DrCameronMurray @Emilie_Dye If you kill demand, doesn’t that fix the supply problem?

[Clive Massingham @Cliveooooo]

@jameswhelan42 That’s a scary scenario.

[Clive Massingham @Cliveooooo]

@rationalaussie Your beloved bitcoin ain’t doing so well.