In a few short weeks we have gone from:
Property investor tax concessions have next to zero impact on the market
To
Look at claimed downside for property prices the changes in the budget are causing
Treasury’s economic assessment contrasts to Treasurer Jim Chalmers’ budget speech, in which he said the budget is “making the economy more productive”. https://t.co/6AI15SatTx
Labour productivity had NEVER fallen over a 4 year period UNTIL the election of this Labor government.
If you want to understand why things are costing more, why interest rates are going up and why your living standards are going backwards, this is the answer.
If home affordability was the central aim of Labor’s budget changes, then property prices have to fall. But the government can’t quite get the words out. https://t.co/a4W6W91hjF
Approximate passports costs:
🇨🇦 Canada = ~$170
🇬🇧 United Kingdom = ~$195
🇺🇸 United States = ~$180
🇳🇿 New Zealand = ~$225
Australian 🇦🇺 passport cost...$422
Passport fees and charges are expected to generate $1.12 billion for the 2029/30 FY. In the same FY, expected revenue for PRRT is projected to be $1.25 billion
Data centres could consume more water than every person on earth and produce emissions equal to the United Kingdom annual total by 2030, a United Nations report has found.
Learn more: https://t.co/3uTsW2FcLo
Urgent: Submit to the Senate inquiry on the @ausgov proposed INSANE CGT changes today. Australia needs more long-term capital, investment and innovation not less. These changes risk serious unintended consequences. Deadline: next Tuesday 9 June. https://t.co/OkENkV871F