@Mercfan3Mercfan@RegBarraclough@BernardKeane I think if you are going to persevere with CSLR, refund it back to advisers who leave the industry after more than 5 years, and who have a clean compliance record.
@Mercfan3Mercfan@RegBarraclough@BernardKeane They already pay professional indemnity insurance. When these large collapses happen it is a failure by ASIC, the licence group or the investment manager in their oversight.
Adviser's pay for a disproportionate amount of CSLR, based on calculations when there were 30k advisers
Tax reform should deliver something meaningful - lower taxes, higher productivity, more efficient spending, less debt.
This package delivers none of these.
These changes werenโt debated before an election, were carved up after backlash, and now billions in NDIS savings have been traded away.
After all the political capital spent, Australia is left with a more complicated tax system and a weaker fiscal outlook than originally promised.
You donโt have to oppose CGT or NG changes outright to see this is a dogโs breakfast.
@RegBarraclough@BernardKeane Of course they should. But they shouldnt pay thousands of dollars every year to a Government organisation for the misdeeds of others.
@Dee27403941@RickFHarris@SkyNewsAust I fail to see your point.
He did stuff up;
1. He should have apologised
2. He should have supported the changes with real data of how they help first home owners.
He hasnt done either.
1. Because he is gaslighting
2. Because the figures dont stack up.
@Dee27403941@RickFHarris@SkyNewsAust It does take guts, that's why he should have said "yes I did make that promise, however circumstances have warranted a change, i apologise for that, this is why we need to make the change"
Instead he tries to gaslight Australians.
@OMGTheMess It will forthwith be known as the Vindaloo Policy, burned when it was consumed, passed quickly, no nutrional value, is going to keep burning after it's passed.