@taipan168 The 15bn estimate is from Geoffrey Watson. The same guy that was counsel assisting in the Obeid and Tripodi corruption matter for ICAC in NSW. He’s a ln SC, a corruption expert and famously a straight shooter. And yeah, he said the 15 billion is conservative.
@Michtull@mumbletwits The budget increases taxation from CGT, negative gearing and trusts by about 80 odd billion over the next four years. Income tax for workers is not being reduced in an amount anywhere near that, it’s about 11 billion. Hiking taxes pain and simple.
@bowtiedstocks I have sympathy for those who bought a home via the 5% deposit scheme. They should be able to trust the system but they have been absolutely rugged. They believed housing was a protected investment and the same people who created the policy are now cheering on house price falls.
@MisinfoFact Not economically viable to burn coal in a power plant built on top of the mine but economically viable to ship across the globe and burn in a power plant? Pretty clear the misinformation fact checker doesn’t check facts. You have no clue.
@markbouris@DHughesy People are raising their families above tobacconists selling illegal cigarettes. It’s not just a tax and health problem. This is bringing danger into the homes of innocent people. How can our politicians sleep at night, knowing they could stop this by simply changing the excise?
@friendlyjordies The new CGT has a 30% minimum. So your income tax rate can be 0% but your CGT rate will still be 30%. You either don’t understand these tax changes or you are deliberately misleading people. I’m guessing it’s the latter and I presume you are making a pretty penny doing it too.
@colonelhogans I wonder if Rick has it in him to consider just how divisive the politics of the Labor party has become. Just look at this filth he has written. This kind of bullshit has never worked in Australia and it won’t work now either.
@strangerous10 So Labor wants to own the correction in the housing market. They must figure they can back pedal out of it somehow if it all goes pear shaped. They have no idea what they’re doing. Shocking levels of incompetence.
@ALeighMP Laughable hearing the most wasteful government in two generations complaining about price gouging. You are raising taxes to pay for profligate spending and then wailing about price gouging in an industry that has been shown to be price competitive.
@Scutty 96% of work fatalities are men. Should we target this measure for equality too? Anyone who reads these average measures and thinks we should target them needs to level up their understanding of the world.
@PauloHalo It’s funny that public servants are voting for Victorian Labor. They don’t understand what happens to public servants when governments go broke.
@MarkoMatvikov The opposition parties should commit to sack (on change in government) any public servant that uses this new discrimination power to select a non competitive contractor. All opposition parties should also commit to changing the law back to make this illegal again, as it should be
@bowtiedstocks It absolutely can happen here too. The flow on effects of a 30% downturn in Australian residential property would be significant. The Labor government have not thought this through. It would be really hard to blame someone else should it happen but they would definitely try
@MarkDiStef This is clearly terrible and a breach of trust. You can, however, look at it in a positive way; the banks are keeping a close eye on who accesses your confidential information and why. There will be nothing special about Albos account here, they clearly audit system access.