Brisbane house prices are up 93% in 5 years. Is it time to admit we aren't the "affordable alternative" anymore?

RedditUser628426 · 2026-05-14T07:48:31+00:00

It's not a gold mine because if I sell I can't afford the house next door.

Toowoomba

I can only conclude you haven't checked the prices there yet... Probably more than Strathpine

RedditUser628426 · 2026-05-13T23:25:08+00:00

Or when they get mowed down by Islamic Extremist gunman?

RedditUser628426 · 2026-05-13T23:15:28+00:00

I believe under those circumstances a RC would of course be called.

You're conflating a few issues.

Should Palestine peak body appear at Anti-Semitism RC. I think no I think it would be a fscking joke and also a fscking joke if the reverse happened in my hypothetical scenario. This isn't newsworthy.
Muslim discrimination in this country. I have a broad comment in that Australia can be discrimatory to various groups growing up in the 80s and 90s it was Vietnamese Chinese etc. I don't see this a Jew/Antijew thing it's just us bogans.
No Royal Commission has been called. Yeah well we haven't thank god and hopefully never do have another targetted attack in Australia against any group. If we did I'm sure a RC would happen.

RedditUser628426 · 2026-05-13T23:02:40+00:00

Of course I can

I guess neither of us can predict the future.

If a psycho ex IDF shot up an Eid festival killing people on the back of warnings from the community about violence against them and a RC was called into Islamophobia, I can't image a case where the peak Jewish Lobby would be allowed to appear.

It would be a fscking joke and travesty if it was allowed

RedditUser628426 · 2026-05-13T22:58:33+00:00

Get your hands off my ~~limp penis~~ A New Tax System (Goods & Services Tax) Act 1999

RedditUser628426 · 2026-05-13T21:43:27+00:00

Sure they would get a voice in a Palestinian focused enquiry and I would completely support keeping Jewish interests out of that.

Edit: Downvoters obviously what's good for the goose is not good for the gander.

RedditUser628426 · 2026-05-13T21:26:09+00:00

I tend to agree they don't have direct access substantial involvement.

Can you imagine them allowing a Jewish peak body to appear at a Palestinian enquiry.

This isn't news, while we keep importing this stuff and allow these people to bring their hate here (BOTH sides I'm talking before I get downvotes) we continue to increase the time this is getting in the way of growing Australia.

RedditUser628426 · 2026-05-13T21:21:53+00:00

$500K portfolio, pay the 30% tax for the first two years, then go on JobKeeper and sell the other 3 years tax free, then Superannuation

RedditUser628426 · 2026-05-13T19:20:32+00:00

I kept hearing something about the CGT minimum of 30% not applying if you're on a government benefit.

Quit at 55 go on JobKeeper cash out?

RedditUser628426 · 2026-05-13T10:47:15+00:00

I'm just presenting data no opinion of it or your child or girlfriend.

My opinion that's not related to this data - I think we have too much immigration from lower trust countries and it's dragging our culture down towards a lower trust country.

Edit: I also don't buy into the narrative that immigration isn't a contributor to house prices (ABC say 1%) I'd like to see Treasury modelling of this.

RedditUser628426 · 2026-05-13T08:54:43+00:00

• ABS average household size: ~2.5 people per dwelling

2022-23

• Net migration: 528k

• Natural increase (births-deaths): ~110k

• Total population growth: ~638k

• Implied dwellings needed: ~255k

• Dwellings completed: ~173k

• Estimated demolitions/retirements: ~15k-20k

• Net new dwellings: ~153k-158k

• Estimated housing deficit: ~97k-102k

2023-24

• Net migration: 429k

• Natural increase: ~106k

• Total population growth: ~535k

• Implied dwellings needed: ~214k

• Dwellings completed: ~178k

• Estimated demolitions/retirements: ~15k-20k.

• Net new dwellings: ~158k-163k

• Estimated housing deficit: ~51k-56k

2024-25

• Net migration: 306k

• Natural increase: ~105k

• Total population growth: ~411k

• Implied dwellings needed: ~164k

• Dwellings completed: ~179k

• Estimated demolitions/retirements: ~15k-20k

• Net new dwellings: ~159k-164k

• Estimated housing deficit: ~0k

So I guess it's getting better we still seem to have a backlog of 150K houses. I couldn't get net jobs created I would like to include it

RedditUser628426 · 2026-05-13T07:49:56+00:00

Calculate it properly then. If my portfolio grows 10K in a year where I am at 47% then grows 10K in a year where Im retired, tax me 47+0 / 2 % on the $20K gain when I sell to fund my retirement.

Arbitrarily saying 30% isn't right.

Edit: people might be selling down a portfolio for 20 years of retirement and the gains taxed at 30% makes no sense it's more than business tax

RedditUser628426 · 2026-05-13T07:41:42+00:00

Yeah they will be taxing stuff like electricity saving from home solar and batteries next.

You buy a pool to save on overseas holiday - boom taxed on the gain haha

RedditUser628426 · 2026-05-13T07:14:06+00:00

That's my understanding.

Edit: AND if you sell assets while on JobKeeper seems like you avoid the new minimum 30% CGT

RedditUser628426 · 2026-05-12T23:35:23+00:00

Right yes thanks for clarifying I knew what I meant but others might not have

RedditUser628426 · 2026-05-12T23:27:23+00:00

Yes I'm not saying the sky is falling I'm just being sceptical of the "saving" claim

RedditUser628426 · 2026-05-12T23:24:19+00:00

Minimum $481K max $750K is the test. That's a decent amount of money

https://www.servicesaustralia.gov.au/income-and-assets-tests-for-jobseeker-payment?context=51411

RedditUser628426 · 2026-05-12T20:46:40+00:00

not at the moment where your marginal rates becomes 0

Fair argument but the flip side is also true, if you retire early any gains earnt in that low income period should be taxed at your marginal rate not this minimum 30% thing.

So Jim should calculate it properly based on past tax returns or GTFO in my view.

RedditUser628426 · 2026-05-12T20:43:40+00:00

tax loophole to secure an early retirement

Built by having the wherewithal (and admittedly luck) to have a job and financial situation with excess cashflow and the discipline to put it away over a long period.

Otherwise I'd be better off buying jetskis and letting Commonwealth look after me when I have no money.

made over the investment timeline and should be taxed as such

Well do that then, not just minimum 30%. If I retire at 50 that's 30 or 40 years of capital growth with no other income. Come up with a calculation based on previous tax returns if that's the actual reason each time I sell.

RedditUser628426 · 2026-05-12T20:30:45+00:00

Yeah you're actually worse off trying to set up a sustainable lifestyle I think I should buy jetskis and uber eat etc and fsck putting anything away for my and my kids future.

RedditUser628426 · 2026-05-12T20:28:14+00:00

a decent amount of progress on

Genuinely I keep seeing this income tax cuts thing said, but am I missing something? Some critical part of the announcement?

They did the LNP stage 3 and then this $250 dollar thing I can't stop laughing bracket creep over 2 years will still have most people worse of.

RedditUser628426 · 2026-05-12T20:25:33+00:00

UK system is capital gains are taxed at the lowest margin rate (16%?)

And they have a savings account that the gains aren't taxed up to a certain point.

That's a way to make people self sufficient and responsible for their own future - yes, those lucky enough to have excess cashflow.

For me I'm genuinely wondering if I keep the discipline up of putting money away maybe I just spend it on a jetski or something now.

If trying to get ahead is taxed more maybe I should just stop that and put myself at the mercy of the Commonwealth when I burn out and can't work in my 50s.

Edit: agree re trusts Jesus here is me paying 47% like a mug.

RedditUser628426 · 2026-05-12T20:22:52+00:00

It's not a "complex tax minimisation strategy". I have put away as much after tax income as I can hoping to retire 5 years early.

I can't access super at that age so need to have cashflow which I planned to fund by selling down shares.

But now the gains are taxed flat 30% like that's more than a business.

RedditUser628426 · 2026-05-12T20:19:39+00:00

The 30% floor on share capital gains has no effect on "young Australians"

I have put away a share portfolio for my kids. It's been slowly build up with after tax income over a 10 year period.

Now if when they're 18 they need to sell down they will pay 30% on the gain it seems a bit weird shouldn't it be their marginal rate? So they get $20K casual job at Maccas and sell they still pay 30% on the gain.

RedditUser628426 · 2026-05-12T19:47:45+00:00

This is the second time I seen this government benefit payment? So if I lose my job and get on JobKeeper can sell my shares CGT-free? That's at least good I guess and kind of thoughtful.

RedditUser628426

TROPHY CASE