@AlboMP What an insanely grubby thing to say.
CGT has always been way too high in this country to start with.
And as for "turbo-charging property as an investment vehicle" well it would have nothing to do with your insane immigration intake levels would it?
Unconscionable behaviour, even by the grubby standards of Socialist Barbie's incompetent clown show.
All this will do is make the wipe put slightly less devastating.
Wow. Just when you think corruption couldn’t get any worse in this state…
Why does Labor always win elections?
Labor clings to power because their corruption has zero limits and zero consequences. 😡
At 50% CGT rate, we will have CGT rates 147% higher than the world average, and 19% higher than 2nd place. The most outrageous policy ever. And they've lied about it too. This picture summarises everything you need to know about the new CGT rates:
#BREAKING Former PM, Tony Abbott, appeared on the Today show with Karl Stefanovic and says the “best way to make things better, is to have a Government that is actually capable of making a difference”
Stefanovic then countered “it might very well be that the Liberal party’s existential threat is Pauline Hanson”
Abbott “my job is to get rid of the worst Government in living memory”
“This Government is making everything worse, the emissions obsession, union affiliation, identity politics which is ruining our society”
“In the end this is a Government that doesn’t believe in Australia”
“The fact Albanese can’t go out into public without standing in front of 3 flags, the fact that he can’t get up to make a speech without acknowledging that some Australians are more special than others, shows that this guy is just not up to the job”
Hard to argue with him.
@bowtiedstocks Inverse Kouk prediction.
Capital city median will be down 10% by the end of this financial year. And will only change the rate they drop by according to how the next election goes.