Well well well.
The Labor party now want to stop people from pulling their super out of industry or retail funds so they can manage it themselves through SMSF’s.
Meanwhile Industry funds can blow up billions of dollars on dodgy foreign venture capital investments or invest members funds in places like India.
It’s time to allow people to manage their own savings. Australia had one of the highest rates of home ownership and much lower household debt before superannuation was created.
It’s time to face the facts that Labor want to control your savings so they can control you!
Sign up to the party that has always been consistent when it comes to putting you first - https://t.co/PeAaJW2pjF
••••••••••••••••••••
“The Tax Office will be given the power to veto people from moving money from a large super fund into a self-managed superannuation fund, under sweeping changes announced by Assistant Treasurer Daniel Mulino on Wednesday.
The changes will also require SMSF trustees to pass “basic knowledge requirements”, maintain a “uniquely identifiable bank account”, pre-write their investment strategy and force newly established SMSFs to disclose whether a financial adviser was involved in their establishment and the fees charged.”
V
“AustralianSuper, the country’s largest superannuation fund, has been forced to write off more than $1.1 billion in equity and loans tied to an American online education start-up, marking it as its single worst investment in venture capital.
The fund, which manages $341 billion in retirement savings for more than 3 million people, has aggressively expanded its investments in private credit and private equity, including in the United States. But it has worn a loss of $US757 million on Pluralsight, an Utah-based video training firm once valued at more than $US5 billion.”
Have a look at Energy and Climate Minister Chris Bowen wriggle and squirm when he's confronted with questions that he's been avoiding for months.
Liam Bartlett from 7 News Spotlight puts the blowtorch to him after Chris Bowen dodged interview requests for 3 months.
How's this for the "most accountable" government ever?
#BREAKING 5 ISIS brides and 7 children have just touched down in Australia.
And now they get rewarded with public housing, welfare and a single mother’s pension.
All on the Australian taxpayers dime.
Albanese is the most dangerous man in Australia today.
#Auspol
Muslims in Sydney screaming “ISIS STILL LIVES” while attacking and torturing a young gay Australian man whilst filming.
Only @PaulineHansonOz and her 'One Nation' party can save Australia 🇦🇺
The Royal Commission into Antisemitism will start today with Commissioner Virginia Bell explaining how she will interpret the terms of reference.
We already know the terms of reference don't directly mention the ideology behind the Bondi Terrorist Attack: Radical Islam. I hope the Commissioner addresses this elephant in the room today.
As I've said, Australians can't be safe in their own country when radical Islam is allowed to fester unchecked, yet Australian majority views on immigration have been consistently ignored by Labor and the Coalition.
Radical Islam has been the ideological motivation not just for the atrocity at Bondi but for many other deadly attacks on Australians in recent years.
The Royal Commission should serve as the catalyst for a frank public debate on immigration and how it has allowed the infiltration of Radical Islam into our beautiful country.
Australia must stop bringing in migrants from countries and cultures that refuse to assimilate with our way of life.
The danger is real. 18,000 people are on ASIO's watchlist.
Yet as we speak, the Government is providing travel documents to bring back radicalised ISIS brides and children from terrorist hotspots.
A board member of Sydney's largest Islamic school has allegedly been caught sharing a video calling for Allah to “give victory to the fighters, catch the neck of their enemies, make their shots hit the target and consider those who die martyrs”.
We need to have zero tolerance for Islamic schools that are endorsing incitements to violence and radicalising people in Australia.
If the Royal Commission fails to address Immigration and Radical Islam, the root cause of Bondi, we will have failed victims like little Matilda and the Australian people as a whole.
If requiring ID to vote is racist/sexist, as they falsely claim, then so is requiring ID for anything else, which they do all the time.
The same people saying no ID for voting are the ones who demanded vaccination ID!
🔥🔥Breaking 🔥🔥
It’s finally happened (as I’ve been predicting).
One Nation has hit the front in the leftist of all states Victoria
🟠One Nation : 26.5%
🔴Labor : 25.5%
🔵Liberal/National : 21.5%
https://t.co/gsiRv4Blu7
Congratulations to everyone at One Nation, a truly remarkable effort.
Which state will be next for One Nation to hit the lead ?
The NDIS was expected to cost Australia a maximum of $14 billion a year.
Last year it reached $48.5 billion.
The NDIS is blowing out because of unmitigated fraud and scams. In this session I talked about the fact that companies who have gone bust, owing taxes and super, are still receiving payments from the NDIS and are allowed to sign on.
Why is the government continuing to let this happen? The governance of billions in taxpayer dollars is still completely shot despite the scheme being established 13 years ago.
Even worse, the definition of 'fraud' is being moved around to make the official government figures look better. Payments are being made to people who should never be allowed to receive taxpayer funds.
We need to sweep a broom through the entire NDIS.
The Reserve Bank of Australia (RBA) has unanimously voted to raise the cash rate by 0.25%, which means your home loan repayments will go up.
The decision has been made because the Labor Government cannot rein in its spending.
Data shows 80% of new jobs created in Australia are government-created jobs - meanwhile, small businesses are failing at a record rate.
When the Labor Party refuses to listen to economists, you pay the penalty through higher interest rates.
For those trying to buy a house, today's announcement means you'll have a lower borrowing capacity, making it that much harder to own your own home.
Today's announcement is a shocking outcome for anyone with a mortgage or renting.
#PaulineHanson #OneNation #InterestRates #RBA #Australia #Mortgage #HomeLoans #Borrowing
*I said $150 a week in this video, I meant $150 a month
🚨 URGENT 🚨
Aussies - if you think mass immigration is bad now - just wait
Hidden threat in EU Australia Free Trade Agreement - reciprocal 4-year work rights with no job offer needed
Europe has been flooded with unvetted military-aged men from uncivilised countries with no rule of law
Spain plans to legalise 500k illegals amid fierce outrage & warnings of more chaos
These third-worlders holding EU passports will be free to come here
2/3 Aussies want immigration paused not accelerated
Australia first, Australia always! 🇦🇺
#AustraliaFirst
#MassImmigration
Senator Pauline Hanson
doesn’t hold back on the shocking betrayal by Sussan Ley!!
Calling her pathetic and a loser for even contemplating a deal with Albanese over the Hate speech bill.
‘Vote it down. You do not deal with the Labor Party or the Greens on this bill. That is absolutely a dog’s breakfast and it should not even be considered.’
This is exactly why she is the opposition leader now!!
IT’S TIME — Albanese Needs to Go
🔴He was elected by deceiving the public on electricity prices — which are about to rise yet again.
🔴He divided the nation with the failed "Voice" referendum, costing $500 million.
🔴He is directly responsible for the worst housing crisis in our nation’s history — and his ‘housing target’ is hopelessly behind.
🔴He tried to introduce a Ministry of Truth with the aborted Mis- and Disinformation Bill, which would have empowered government bureaucrats to censor anything they deemed "misinformation".
🔴Living standards have fallen as he divides the nation with mass migration at unprecedented extreme levels.
🔴Our nation’s competitiveness is going backwards.
🔴He had to be dragged kicking and screaming to call a Royal Commission into the worst terrorist attack in our nation’s history.
🔴His Ministers have been caught red-handed rorting their expenses; even the Attorney-General was busted and had to repay money.
🔴On the streets of Melbourne, crimes associated with the third world; machete violence, car-jackeying and home invasions are now common place and spreading to other cities.
🔴His proposed "Hate Speech Bill" should be the final straw.
🔴He’s exploited the Bondi tragedy to attempt to bring in legislation enabling him to imprison critics of his migration policies.
🔴And his polling numbers are now heading in the same trajectory as Keir Starmer and Labour in the UK — just 18 months behind.
🔴Our nation’s worst Prime Minister ever. He’s done. It’s time. He needs to go.