Straight Talk with Gerard Rennick is out now!
We discuss his journey from rural Queensland to politics and why he believes Australia needs more leaders with real-world experience.
Drawing on his background in finance and a Master’s in Tax Law, Rennick shared his views on the economy, housing, taxation, productivity and capital markets.
He has since built his own party from the ground up around five policies he believes could fundamentally reshape how Australia handles money, tax, superannuation and infrastructure
Hey Albo…. The donations are real.
Here’s a screen shot of the funds being put across to the One Nation account.
Now show me yours.
Help Fire the Liar!!!
https://t.co/TOMuqQDogw
The budget failed to deliver significant income tax cuts to offset bracket creep that is devasting family budgets as a result of high inflation.
For someone on a wage of $80,000, 4% inflation reduces purchasing power by $3,200 each year.
The best Chalmers can do to help hard working Australians, is to offer a measly $275 temporary tax offset.
The minimum CGT tax rate of 30% is wrong. Capital gains like any income should be taxed at the marginal rate. Low income earners are going to be hit hard by this measure.
I could live with removing the CGT discount provided the extra tax revenue from that measure had been used to offset income tax rather than remove negative gearing.
Negative gearing is more effective when income tax rates are high.
If tax rates were lowered, then negative gearing would be become a more much ineffective tax strategy.
Personally I’ve never been a fan of negative gearing, because you have to spend a $1 to get 47 cents back which leaves you 53 cents worse off in today’s money.
There is no substitute for cutting income tax if you want to maintain a strong economy.
Immigration is forecast to be 2 million over the next two terms of Parliament which is still too high.
Yet again if Labor wants to improve housing affordability, why won’t they lower immigration?
Debt levels are forecast to continue to increase which reflects on Labor’s inability to control government spending.
People First will cut spending, cut immigration and cut taxes.
See how at: https://t.co/Fz48WQca1P
@bazzacc2 I don't know one Jew and they having a royal commission on anti semitism. Where are royal commission in NDIS fraud, unaffordability of Homes, our roads being sold off, Fraud in Govt.
@Ryandally08 what did you bust your arse for? You dont own your investment property the bank does. And what good does a investment property do for society. Zero! People should be able to afford a home, not own 10 so they can not work and buy luxury goods.
@CatrionaMacMas1@satireforever I hate people who micro analysis words. Its actions you should be looking at. Look at her mate, wants to be Cardi B in the parliament. You think thats appropriate leadership.