To restate..
You’ve well and truly bought into Labor’s propaganda. Many of these ‘investors’ are actually low-income Australians who bought a second property because savings and super alone wouldn’t secure their economic future. These changes to negative gearing (restricted to new builds only from 2027) and the CGT discount rewrite will hit them hardest, reduce future housing supply, and make it tougher for the next generation to build wealth the same way.
I look back over the last 50 years, and house prices have ups and down but are still way ahead in value, I remember under Howard they fell but rose again, and have increased 800% so don't panic
Wow Tanya is wrapped with house prices falling.
How about we start seeing politicians’ salaries falling like houses prices. They caused this negative equity.
NSW - $120K fall in the next 12 months
VIC - $84K fall in the next 12 months.
But Tanya is grinning like a deranged lunatic.
The Treasurer @JEChalmers mocking hairdressers in Parliament, sneering ‘turning over more than $10M mate?’ while laughing behind parliamentary privilege.
Pathetic. Grow up @JEChalmers. Major Aussie hairdressing businesses like Just Cuts, Hairhouse and Frank Provost have built serious enterprises with turnovers many times that through grit, innovation and pure aspiration.
His insane CGT grab is an attack on exactly this kind of success.
Disgraceful. The Australian dream deserves better than this. #auspol #CGT #AussieDreamKiller
Anthony Albanese's deputy, Richard Marles, slams prime ministers who lie.
"You simply cannot rely on a single word that he actually says".
#auspol#FireTheLiar
@GemmaTognini Right wing hack talks down Australia at every opportunity, making every complaint the fault of the government.
All that wallowing must be tiring and deflating
Angus Taylor has slammed the Prime Minister.
The Opposition Leader has called Anthony Albanese an “arrogant prick”.
Listen to the details HERE.
🎧https://t.co/brCudoWnt5🎧
The viewers are right she is an idiot and an LNP stooge; I love the way she screws her face when she is losing the point, she can't even try and hide her bias
Under Labor’s new tax:
— You can walk into a casino, come out $1000 ahead, and pay $0 tax
— but if you make $1000 on shares/ETFs, you will pay $300-470 in tax
— if you build & sell a business, the ATO now takes 30-47% of your gain
Gambling is tax-free. Investing is punished.
Chris Minns is calling out Canberra’s biggest scam.
The Premier has attacked the Federal Government over bracket creep.
It’s eating up the income of hardworking Aussies.
Listen to the details HERE.
🎧https://t.co/Q3pklYw8Q9🎧
Hey you moron why not mention Howard gave us double digit inflation, high unemployment and 22% interest rates in 1983. Phil Corey, Sydney Morning Herald October 30th, 2007, Now fuck off
The fact that Paul Keating who gave us 18% interest rates and the recession we had to have, think @JEChalmers Budget is great, should be enough to validate how horrendously bad it is.
Nat Barr on @sunriseon7 doesn't seem to realise that there will always be people who need to rent and if investors invest in new builds, they are investing in more supply of homes and still get the benefits investors have now. Young people can then buy the existing homes.
I am yet to meet anyone who is actually impressed by the budget.
Every single person I’ve spoken to has said it is the worst budget in history.
Tell me exactly how any young person is going to create wealth in Australia now?
Nobody can answer that question.
#auspol