Let me get this straight. Scott Cam's kids are going to struggle to get into the housing market when he has $25m worth of property. This is a mockery to those who are actually locked out of the housing market.
Two Tier Justice system 🤨
Vickrum Digwa’s brother, Gurpreet Digwa, 27, LIED to police that Henry Nowak hadn’t been stabbed & LIED that Henry had racially attacked his brother, perverting the course of justice.
HE COVERED UP MURDER & prevented Police from providing life saving care.
Police ALSO recorded him conspiring with Vickrum in a police car.
ONLY 6 months later, Gurpreet Digwa was then arrested on multiple weapons charges & was bailed AGAIN.
Reece Robinson, 21, threw two stones at the Southampton protest that hit no one & he has been jailed for 2 years & 1 month within only 7 days of the incident.
If you are White, you have no rights or legal protection in the UK.
If Sikhs are allowed to carry knives by law, I see no reason why I cannot simply self-identify as a Sikh and carry a knife. How are they gonna prove I’m not a Sikh? It’s a religion, a set of beliefs. It’s a question of inner conviction. It is literally unverifiable
There are so many young, unqualified people in the crypto industry giving financial advice. They think they are smart just because they bought into Bitcoin early and made some money. But they are also too young to know the old saying, "don't confuse brains with a bull market."
"All governments suffer a recurring problem: Power attracts pathological personalities. It is not that power corrupts but that it is magnetic to the corruptible."
— Frank Herbert, Dune
While actually it was a petrol on real-estate speculation fire. No longer. And this is a good thing for the "teachers, nursers, etc..." cause hopefully now they will be able to buy PPOR for more reasonable money and less debt, and finally be able to save or invest if they like 🔚
Wow what a gas-lighting that equalizing personal income taxation and CGT is a bad thing.
For someone to be able to invest they should have savings, but everything they may save b4 is taxed **full** scale and on higher bracket 🧵1/6
One of Australia’s greatest financial success stories has been the rise of ordinary people becoming investors. Over the last 30 years, millions of Australians have gradually moved from relying purely on wages and property to owning shares, ETFs and diversified portfolios. Not just wealthy people, but teachers, nurses, tradies, students and young families trying to build financial security over time.
That’s why the government’s proposed CGT changes feel like such a profound mistake.
This piece in today’s The Australian is my attempt to explain why I think that matters.
https://t.co/vYA3TcmpYf
The more ppl "invest" in RE, the more expensive (and more steadily) it gets, so more effective CGT discount, it is a self supporting cycle. So they try to galight that CGT-discount was a prime mover of retail investment outside of RE 🧵5/6