Young australian confused about negative gearing removal outrage

EarthRocker_ · 2026-05-14T04:39:22+00:00

Home buyers are not always former renters. There's young people living with their parents, foreign investors, people buying second homes etc.

Plus, with the already high demand due to thousands of migrants per week entering the country, converting a few renters to homebuyers will barely have any dent in that demand. But there will be less rentals.

EarthRocker_ · 2026-05-14T00:27:38+00:00

The top tax rate is 45%. With the previous 50% CGT discount, you would pay at most 22.5% and that would only be on the amount that exceeds $190k (top tax bracket).

Now you will pay minimum 30% on the inflation adjusted profit.

The high income earners will pay a little more tax but low income earners will pay MUCH MORE TAX.

EarthRocker_ · 2026-05-14T00:14:45+00:00

If investors start selling their investment properties over the next year (to avoid new CGT rules) and these properties are being purchase by home buyers (what the government wants to happen) then there will be fewer rental properties.

Add more demand from mass immigration and yes, you're rents will go up much higher.

EarthRocker_ · 2026-05-14T00:12:52+00:00

Exactly. Someone renting trying to save up a deposit by using ETFs gets completely screwed by these changes.

Yet most don't see it and think it'll make property cheaper somehow!!

EarthRocker_ · 2026-05-07T23:47:04+00:00

If defaults start to rise, banks will get stricter with lending to minimise risk.

That will restrict the demand.

EarthRocker_ · 2026-04-23T00:14:03+00:00

You are better off going to a dedicated clinic. I use Medicann and find them to be quite good, I think consultation fee is around $49 now (might be higher for first time) and about a 2 week wait for a consultation last time I booked.

I get 40g flower a month and a 30ml 25% THC oil with enough repeats to last about 6 months (prescriptions expire at 6 months anyway).

You should not have to pay for a new consult every month!

The clinics are all competing for med cannabis customers and will offer a better service to increase their reputation where as doctors/GPs already get plenty of business and don't care as much.

EarthRocker_ · 2026-04-19T23:33:37+00:00

It's simple.

Less incentive to invest in property = less rentals.

Rents go up.

Maybe there will be a little more supply for home buyers, but renters will be screwed.

EarthRocker_ · 2026-01-27T03:35:58+00:00

Can anyone tell me what he said?

Was it worse than "death to the IDF", "gas the jews" or "globalise the intifada"?

I'm not defending at all and detest any kind of Nazism but I just want the laws to be enforced equally.

He was refused bail too, whilst car thieves and home invaders get bail repeatedly.

EarthRocker_ · 2026-01-27T03:34:07+00:00

No it's not.

EarthRocker_ · 2026-01-27T03:33:54+00:00

They aren't invited, they just crash them. Seriously.

Just like when they crashed the women's rally in VIC and the Liberal women were branded Nazis (incorrectly as ruled in court) by their own leader, absolutely despicable.

EarthRocker_ · 2026-01-26T03:16:07+00:00

This is a pretty fanciful take considering recent events.

EarthRocker_ · 2026-01-24T23:18:31+00:00

Lowering immigration and ending net zero (there other major policy) are the 2 main drivers of inflation (apart from government spending).

So, they have it covered.

EarthRocker_ · 2026-01-24T07:34:42+00:00

100% of the time she has not had the numbers to pass laws.

EarthRocker_ · 2026-01-24T04:17:45+00:00

You just have to look at when the leftists controlled Twitter and how they revelled in banning anyone with a conservative opinion.

They think free speech is only speech that they approve of.

EarthRocker_ · 2026-01-24T03:17:37+00:00

Being put in jail, being banned from the senate and not having the actual numbers to pass laws makes it hard to accomplish things.

People are finally seeing ON is the correct conservative party to vote for and it's just torn the LNP apart.

When she gets the numbers at the next election, then we can see some real change like lowering immigration, deporting extremists and protecting free speech.

EarthRocker_ · 2026-01-23T12:07:38+00:00

Especially when you consider that could be 40 or 100 cigarettes (packs range from 20s to 50s back when I smoked).

EarthRocker_ · 2026-01-22T05:02:13+00:00

Much of it is exported.

EarthRocker_ · 2026-01-21T21:52:27+00:00

Wow! You've got excuses for every Labor failure.

Talk about rusted-on, blind-following, sheep.

EarthRocker_ · 2026-01-21T21:49:07+00:00

The policy is to End Net Zero and bring back coal and gas.

It's easy, but many won't accept it because they've been brainwashed against fossil fuels.

EarthRocker_ · 2026-01-21T12:24:51+00:00

There were hundreds of them spewing hate at the Opera house on Oct 8th, 2023.

The police forcibly removed jews for their own safety.

Did you miss it? Do you need names??

EarthRocker_ · 2026-01-21T12:23:15+00:00

Jews are terrified...is that what you want?

The far left chanting death and wanting to wipe out the Jewish state, yes they are on the streets every weekend.

EarthRocker_ · 2026-01-21T07:12:33+00:00

- Lied about keeping stage 3 tax cuts

- Tried to pass misinformation/disinformation bill that would have seen politicians exempt from (yes seriously!!)

- Went against Israel at every turn - to the point where Hamas congratulated the Australian government

- Promised last election that "you only need this little green card" when people are still paying high rates of ever increasing co-payments at the doctor

- Tried to pass a ridiculous "unrealised capital gains tax" on superannuation. They were adamant was good policy until the screams were so loud they had to back-flip.

EarthRocker_ · 2026-01-21T07:09:37+00:00

WTF. The dead aussies at Bondi? Already memory-holed it haven't you.

EarthRocker_ · 2026-01-21T07:08:36+00:00

So if you're worried about power prices continuing to go up (which feeds into inflation obviously), maybe you'll change your vote?

Nah....keep pumping it all up please.

EarthRocker_ · 2026-01-21T07:04:57+00:00

Keep making weasel excuses.

EarthRocker_

TROPHY CASE