@OneYearTrader Only 3 things create wealth. Stuff we mine stuff we make and stuff we grow. Everything else is just moving existing wealth around. Go to the source
@MurrayWatt Because you are not fixing the fundamentals if you just did that then borrowing money to give to people would not be necessary. You are not helping anyone if you simply use debt to pass the problem down the line to future generations. $1.2 trillion in debt and climbing !
Australia will spend more on disability this year the sum of:
Super tax $22.81B
Diesel $17.39B
Petrol $7.25B
Tobacco $7.4B
Fringe benefits $4.95B
Visas $4.13B
Spirits $3.28B
Beer $2.75B
Wine $1.11B
Luxury cars $1.17B
Bank levy $1.77B
Petroleum rent tax $1.45B
Total: $74.4B