One cannot save for a house in cash and income, because your government inflates and taxes it away.
Thus we must save in assets like shares and ETFs, which also helps grow Australian businesses.
This budget effectively doubles the tax on those assets, which ironically makes it even harder for us to save for the home.
Impressively, you've managed to pitch a solution which purports to help young people, but instead it literally kicks the rungs out of the ladder which is required to even get onto the first rung of the housing ladder.
I wish I was surprised.
@glassnodealerts Hi @_Checkmatey_ love your work, big fan.Can you please clarify what makes up “exchanges” for this metric?Does it track BTC spot & derivatives, wBTC, etc?I heard the decline may not be caused by people locking up BTC in custodial wallets but rather in leverage trades.Thoughts?
@VicGovDHHS Pls double check and correct the emergency notice @VicGovDHHS! The Yarra Valley notice still includes northern suburbs. https://t.co/OXq23zs01j