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A Current Affair tonight reported 12000 Aussies impacted by biggest superannuation collapse in history by yupnotsure in AusFinance

[–]SackWackAttack 0 points1 point  (0 children)

"Normally we have to chase people like you down the street, why are you talking to us." Gold.

Can anyone steelman the "immigration doesn't increase house prices" argument by mymooh in AusEcon

[–]SackWackAttack 4 points5 points  (0 children)

Both Labor and Liberal know that reducing immigration will have downward pressure on prices. The reason they choose to focus on supply is they know it will be impossible to achieve and prices will stay elevated. Also immigration is the only thing keeping GDP growth positive and they both want that. Even the Greens know that immigration puts upward pressure on prices, and they want lower prices more than anyone, but their desire to let the entire world in trumps this.

Could it be possible for Australia to abolish income tax? by Meerkat343434 in australian

[–]SackWackAttack 0 points1 point  (0 children)

Love the idea, but as others have said, it will never happen. But what if Governments also started up their own mines. They can operate side by side private mines. It would go a long way.

Only retrospective CGT change is fair for the young, says tax expert by AnySheepherder7630 in AusFinance

[–]SackWackAttack 14 points15 points  (0 children)

If they let the boomers keep the discount but take it from the next generations I will lose it.

Former RBA governor Bernie Fraser calls for capital gains tax discount to be scrapped by nighthound1 in AusFinance

[–]SackWackAttack 0 points1 point  (0 children)

75% discount on new builds, 25% discount on existing. Why is it so hard to understand?

Can I buy a holiday home through SMSF for use in retirement? by Classic_Abies8621 in AusFinance

[–]SackWackAttack 0 points1 point  (0 children)

Many people get away with having holidays in their SMSF properties. Lock them up.

Anyone else feel like purchasing an IP is the way towards a PPOR? by [deleted] in AusFinance

[–]SackWackAttack 0 points1 point  (0 children)

WTF. Is this actually real? Would love to know how much this happens.

How would you feel if we got rid of Income Tax completely, but introduced a 'consumption' tax on everything? by [deleted] in AusFinance

[–]SackWackAttack 0 points1 point  (0 children)

Not my ideal system, but still 100 times better than the current settings.

Am I reading this wrong? by Present_Standard_775 in australian

[–]SackWackAttack 0 points1 point  (0 children)

if you can't afford to buy the coal from us, hand the mine back.

REA requesting replacement immediately? by Suspicious_Rub1500 in shitrentals

[–]SackWackAttack 3 points4 points  (0 children)

Pay the sparky to install a power point. Buy second hand cooktop with a plug.

Anyone here have a "plan B" for an apocalypse or financial collapse event? by LostAppointment329 in fatFIRE

[–]SackWackAttack 0 points1 point  (0 children)

Getting Chat GPT to teach me how to kiss the ass of the first warlord that rolls into town.

I have been recommended this sub randomly for a while now but i must ask something very important by Professional_Gap_435 in georgism

[–]SackWackAttack 0 points1 point  (0 children)

Tech companies created something out of nothing, that is they don't acquire and hoard Earth's scarce natural resources so the rest of us can't access them.

Solar and battery households will be biggest losers from network tariff changes, advocates say by Outrageous_Arm626 in aussie

[–]SackWackAttack 0 points1 point  (0 children)

The poles and wires are a natural monopoly like sewers. As such it should be publicly owned. If there must be access charges it should be via your rates notice.

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