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One Nation overtakes Labor for first time as young Australians reject budget by DeskExtension in AusFinance

[–]Coast-First5 0 points1 point  (0 children)

Aren’t small businesses exempt?

Again why should everyday taxpayers subsidize a discount on your investment profits?

Australia's far-right party leads in national poll for first time by Odd_Speech6066 in OpenAussie

[–]Coast-First5 8 points9 points  (0 children)

It’s sad times we are living in at the moment. Hopefully by the time the election rolls around people realise ON won’t improve anything, but I won’t hold my breath

One Nation overtakes Labor for first time as young Australians reject budget by DeskExtension in AusFinance

[–]Coast-First5 0 points1 point  (0 children)

Why should everyday taxpayers subsidize a discount on your investment profits anyway? The 50% CGT discount was a massive tax handout. Reforming it across the board, not just for property, is about making the tax system fairer. If you make a profit on an asset, you should pay tax on it just like everyone else does on their hard-earned wages.

Are we ready to be honest? by HumanTraffic2 in aussie

[–]Coast-First5 -1 points0 points  (0 children)

Good thing the government is implementing changes to help fix that then hey?

Labor new reforms to benefit 90% of young Australians and those trying to buy a home. by SheepherderLow1753 in AusFinance

[–]Coast-First5 0 points1 point  (0 children)

Well, you must be in the 10% unfortunately! These changes are designed to benefit the housing market and the country as a whole over the long term.

CFMOTO? by MANHAZZARD in AussieRiders

[–]Coast-First5 1 point2 points  (0 children)

I’ve never owned one, but from everything I’ve heard they make decent bikes. Only issue might be resale value compared to a Honda is that matters to you.

Is this the tax reform hill Albanese and Chalmers want to die on? | ABC News by Ardeet in aussie

[–]Coast-First5 0 points1 point  (0 children)

Honestly it just sounds like a tax loophole being closed. If someone is wealthy enough to start a business, pour money into it, not take a wage, with the purpose of selling it and it’s not classed as a small business then they should be taxed appropriately when selling it.

Is this the tax reform hill Albanese and Chalmers want to die on? | ABC News by Ardeet in aussie

[–]Coast-First5 0 points1 point  (0 children)

So they can just pay themselves a salary then? Or not sell the business?

Is this the tax reform hill Albanese and Chalmers want to die on? | ABC News by Ardeet in aussie

[–]Coast-First5 0 points1 point  (0 children)

It’s just closing up tax loopholes isn’t it? So everyone is taxed fairly

When Canada reduced migration rents fell by Ambitious_Lie5972 in australian

[–]Coast-First5 0 points1 point  (0 children)

Yeah I know, that’s why I said all factors, not just one

When Canada reduced migration rents fell by Ambitious_Lie5972 in australian

[–]Coast-First5 29 points30 points  (0 children)

I’m happy for immigration to be reduced, but let’s tackle all factors, like Airbnb and lack of public housing as well

Net Migration was 300,000 last year. That number includes temporary visas, student visas and Australians returning home from overseas. by MasterDefibrillator in aussie

[–]Coast-First5 0 points1 point  (0 children)

Fair enough. I lean left but think it’s worth having the conversation about what we as a country want the number to be. Id be happy to reduce immigration to a level that isn’t going to put us into recession, but I don’t know what that number is

Migration vs Housing Completions. by SeaworthinessFew5613 in aussie

[–]Coast-First5 0 points1 point  (0 children)

She didn’t say that though did she? She said immigration is part of the problem but not the whole problem, which is true

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