@bowtiedstocks@ausstockchick Landlords arent exiting. New investors just aren't buying anymore. Investors have vanished from the market.
Investor owned properties sell for many reasons, financial, moving back in, divorce etc.
These are usually replaced at the same rate.
The rental price rises will ramp up!
One of the best ways to support families and new parents is income splitting.
Allow couples with at least 1 dependent child to file joint tax returns, significantly reducing their joint taxable income if one partner earns significantly more than the other.
@JacintaAllanMP What an absolutely ridiculous law. No thought or care for small business and the impact it will have. Yet again business owners pay the price.
๐๐๐ฅ๐ ๐ง๐๐ ๐๐๐๐ฅ ๐ง๐ฉ ๐๐ข๐ ๐ ๐๐ฅ๐๐๐๐
Here's a first look at the Fire the Liar TV commercial One Nation will run during State of Origin this Wednesday night.
We've been able to do this because of you and your donations.
Help us Fire the Liar.
https://t.co/nylzXyOqmP
#OneNation #PaulineHanson #AnthonyAlbanese #Albo #PrimeMinister
#BREAKING Pauline Hansonโs budget reply:
โWe will abolish divisive cultural departments and race based programs, that divide Australians by skin colour or ancestryโ
โEvery Australian will treated equal under one flag and one cultureโ
โNo more taxpayer funded โWelcome to Countryโ ritualsโ
Sheโs got my vote.
I did not realise they were taxing gross rather than net gainsโฆ AFR: Investors with diversified share portfolios making a mix of gains and losses compared to inflation could face tax rates of more than 100 per cent on real gains, due to the Albanese government not compensating investors for underperforming stocks.
A former senior Treasury tax official and a hedge fund manager both warned that people with a diversified portfolio of shares could face tax rates 50 per cent higher than Treasury calculatedโฆ Chalmersโ office and Treasury were contacted for comment on Thursday about whether real losses would be indexed to inflation.
Under another example, an investor buys shares in Coles and Woolworths, with one outperforming inflation and the other underperforming inflation.
The overall real return is zero after inflation, but the investor would pay tax on the winning stock.
If an investor instead bought an ETF of supermarkets with the same overall result, they would pay no tax.
https://t.co/4bfhPDychb
In 2009 Australiaโs top marginal tax rate of 45% kicked in at $180k
If this had been properly indexed to inflation, today it would kick in around $280k
Instead, it hits at $190k
This is a dishonest and stealth form of theft
We donโt hate these politicians enough !!