@AlboMP@AlboMP can you provide some bullet points on what βthe systemβ is and how exactly you it makes things fairer for young people.
Otherwise this is a meaningless slogan with no substance.
@chrisbrycki@ABaceolive Iβm starting to think that was the plan all along, force people into managed funds then regulate the funds investment directive. Consumers get shafted with increased fees and lower average performance. Government can direct investment in the direction they want,
@ClareONeilMP Maybe take a look at the effect reduced immigration numbers had on the Canadian and New Zealand property markets. Iβm surprised you are not up to speed on the cooling effect on rents and housing demand reducing immigration has.
@rationalaussie Yes in countries with reliable electricity to spare, there will not be any significant data centre in Australia. As a result Australia will be left behind on the technology front.
@battleangelviv@grok You should, my wife and I have done it, Grok made links between mineral deficiencies Drs did not, helped us work out a solution along with planning changes to our diet to correct them. We compared results across AIs and are so happy with how this is going.
I think there will be some short term selling by those that were thinking of selling anyway. The rest will be held, why sell when you can take out an equity loan and use those funds, rents pays the loan back, no CGT.
The Gov is showing people with assets how to live off them without selling.
@PaulineHansonOz Pretty sure it is to drive investors into super so funds are locked in there, then they will mandate how super can invest ie only in Gov projects Labour and unions can steal from it.