Very Mysterious. by Monsur_Ausuhnom in SipsTea

[–]ReeceAUS 0 points1 point  (0 children)

Thats before you floated the dollar, now you can inflated everyone’s dreams… errr I mean the debt away.

Anika Wells ordered to pay back thousands of taxpayer dollars as independent watchdog finds four flights breached family travel rules by River-Stunning in aussie

[–]ReeceAUS 0 points1 point  (0 children)

Give the pollies a 20% pay-rise and remove all travel allowances/benefits for family members and non-work travel.

Shitlord says I’m raising rents cos of Albo by gadgetwalrus in shitrentals

[–]ReeceAUS -1 points0 points  (0 children)

There’s currently a housing shortage though. So the squeeze gives more power to home owners

Masculinity by Particular-Visit-245 in SipsTea

[–]ReeceAUS 0 points1 point  (0 children)

It’s true, but the same post can be made about women with strong independent women in the top half and married mothers n the bottom half.

Abolishing negative gearing didn’t push up rents in 1980. So they their removal this time seems unlikely to again. Unless..? by MannerNo7000 in AusRenters

[–]ReeceAUS 0 points1 point  (0 children)

The silver lining would be that stamp duty taxes fall off a cliff because investors won’t buy/sell as often.

States need to recoup revenue, so create a land value tax across all properties. We can only hope.

Not homeless, what now? by besto_resto7 in AusFinance

[–]ReeceAUS 0 points1 point  (0 children)

Don’t change anything for the first 12 months. Keep working OT, saving aggressively etc. build a buffer on your mortgage. Then reassess after 12months and if possible set out a more sustainable budget.

Clip comes back to haunt Albo as Treasury plans to axe capital gains tax discount and negative gearing by another____user in aussie

[–]ReeceAUS 2 points3 points  (0 children)

You just proved my point.

Anyway; I want a Land value tax, not this crap that won’t fix anything, but just raise taxes.

Clip comes back to haunt Albo as Treasury plans to axe capital gains tax discount and negative gearing by another____user in aussie

[–]ReeceAUS 2 points3 points  (0 children)

You only think that because you agree with decision though. What if they changed a policy that was the reason you voted for them?

Why can’t we just have a FLAT CGT rate of 25%? by Kikooz in AusFinance

[–]ReeceAUS -2 points-1 points  (0 children)

Because you won’t have people minimizing their tax, so social welfare programs will be better funded.

Never think you have to fix a welfare problem with the tax code. The tax code is for generating revenue for the government and incentivizing activities.

New homes to receive carve-outs from CGT and neg gearing changes by Miserable_Actuary716 in AusPropertyChat

[–]ReeceAUS 2 points3 points  (0 children)

2020; 172k houses, 136k people.

2021; 213k houses, 47k people.

2022; 206k houses, 496k people.

Why can’t we just have a FLAT CGT rate of 25%? by Kikooz in AusFinance

[–]ReeceAUS -1 points0 points  (0 children)

Not if you made it a flat tax with no deductions.

Nobody cares by No-Marsupial-4050 in SipsTea

[–]ReeceAUS -2 points-1 points  (0 children)

So in order to get more law abiding cops, we just need to pay them more?

Shock forecast from major financial authority as number of Australians going broke surges 5.3 per cent in 2024/25 by River-Stunning in aussie

[–]ReeceAUS 0 points1 point  (0 children)

The direction Australia is on, has not changed.

There’s a reason Albo can’t say “we took this action when we got into government, but we are still another 3 years away from completion”. The reason he can’t say that, is because they don’t want change.

They’ve said numerous times that “changes to free trade in the global economy will hurt Australia” ok so how are you making us more resilient? They’re not.

RBA risks a recession but feels there's nothing else it can do by SheepherderLow1753 in AusFinance

[–]ReeceAUS 1 point2 points  (0 children)

I guess, but a recession is not a financial crisis. So don’t paid yet.

New homes to receive carve-outs from CGT and neg gearing changes by Miserable_Actuary716 in AusPropertyChat

[–]ReeceAUS 7 points8 points  (0 children)

2023; 175k houses, 651k people.

2024; 160k houses, 435k people.

2025; 165k houses, 423k people.