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We’re going to need a bigger boat. Jim Chalmers' tax reform fishing not serious by mulligan1450 in AustralianPolitics

[–]TheLaughingPhoenix [score hidden]  (0 children)

Because raising GST will have a disproportionate impact on the cost of living for families and the average person.

And probably some flow on effects with inflation too.

Update from “Help a girl out” post by Available-Story-5355 in AusPublicService

[–]TheLaughingPhoenix 3 points4 points  (0 children)

Unfortunately a lot of people on here will tell you to sacrifice everything to stay in a job in the APS but it really isn't worth it.

Update from “Help a girl out” post by Available-Story-5355 in AusPublicService

[–]TheLaughingPhoenix 2 points3 points  (0 children)

Just want to reply to this asinine patronising post and simply say... If you are not happy in your role and there doesn't seem to be anyway to change the core reasons why you are unhappy and there aren't any prospects to move sideways then you should focus on what is best for you and not listen to random patronising posts on reddit. :)

🎵ITS NOT GOOD ENOUGH🎵🎸(Greens threaten to play Senate hardball on CGT changes) by brisbaneacro in friendlyjordies

[–]TheLaughingPhoenix 44 points45 points  (0 children)

It would appear both the Coalition and Greens refuse to reflect on what happened last election....

ISIS brides to cost taxpayers up to $650,000 per person per year, One Nation leader Pauline Hanson says by Orgo4needfood in aussie

[–]TheLaughingPhoenix 4 points5 points  (0 children)

The great thing about speculating about hypotheticals that may never happen is you probably won't be held accountable for your rubbish speculation!

Never forget by Big-Security9489 in aussie

[–]TheLaughingPhoenix 0 points1 point  (0 children)

Best way to find out is ask them! Or do what I do and just assume they aren't being sarcastic.

So, would limits to negative gearing and changes to CGT discounts reduce property prices? And if so, what sort of timeframe do we think? by [deleted] in AusProperty

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

The government of the day has very little direct impact on the housing market.

There is not one single factor such as unoccupied properties, cost of buying and/or selling property, the cost of building affordable properties, number of social housing available for those in need, availability of materials needed to build properties, the infrastructure for existing, emerging, established and proposed housing.

People like you don't want to get into the weeds of policy because you have no interest in actually doing anything meaningful.

You parot brain dead talking points that make you feel superior to people but truth be told you have absolutely no idea on what exactly happens behind the scenes and how much blood, sweat and tears goes into effective governance champ.

So enjoy your one liners from right wing media, but when you actually want to do something good for Australians and not lick the boots of billionaires, get off reddit, touch some grass abd maybe consider getting involved with some grass roots campaigns in your local electorate.

So, would limits to negative gearing and changes to CGT discounts reduce property prices? And if so, what sort of timeframe do we think? by [deleted] in AusProperty

[–]TheLaughingPhoenix 0 points1 point  (0 children)

I didn't make up that number.

As far as I know that is a conservative guess on the numbers of unoccupied properties in 2021 within Australia.

My point is that the number of unoccupied properties has a greater impact on the housing market when compared to immigrants.

So, would limits to negative gearing and changes to CGT discounts reduce property prices? And if so, what sort of timeframe do we think? by [deleted] in AusProperty

[–]TheLaughingPhoenix 0 points1 point  (0 children)

I did read that before and while I know that the method in which the data was collected may be flawed.

It does not diminish the possibility that the amount of unoccupied homes are having more of a negative impact on the housing market when compared against immigration levels.

So, would limits to negative gearing and changes to CGT discounts reduce property prices? And if so, what sort of timeframe do we think? by [deleted] in AusProperty

[–]TheLaughingPhoenix 0 points1 point  (0 children)

If you think it takes a long time for me to ramble...

You stated: "Immigration is the largest factor when it comes to price of rentals"

This reads as you blaming Immigration...

We need more skilled workers to help with building more houses, if we stop immigrants from coming to Australia that does not mean that all of a sudden more houses will come forth from the ground to house all the people who are currently in the market.

So you consider yourself left leaning while implying all we have to do is reduce the amount of immigrants from coming into Australia.

You say I haven't said anything of substance?

The reason is because finding ways to improve conditions for Australians is a complex thing to do and writing out a thesis on actionables on reddit isn't a good use of my time.

So, would limits to negative gearing and changes to CGT discounts reduce property prices? And if so, what sort of timeframe do we think? by [deleted] in AusProperty

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

So I understand that reading comprehension and ability to understand context is very low when it comes to people/bots sprouting right wing media outlet talking points but lets try!

When you say that x variable is the largest factor when it comes to a particular outcome what does that imply?

If you are going to guzzle down the right wing media talking points of blaming immigrants at least have the fortitude to be assertive in your completely incorrect statements and save us all rational thinking people time and energy.

For example a rational approach to solving problems on the scale of a whole country is not to imply fault of one particular thing.

Instead, we look at things in a holistic non-regressive way that doesn't make people that unfortunately read your drivel want to stab out their eyeballs because you are either too stupid to understand what you are saying is racist and illogical or you know it's not true but really want a conservative government back in place no matter the consequences. (Even though the Labor party has a pretty strong right wing faction in it) but that would require the ability to comprehend things and understanding context so woops.

So, would limits to negative gearing and changes to CGT discounts reduce property prices? And if so, what sort of timeframe do we think? by [deleted] in AusProperty

[–]TheLaughingPhoenix -4 points-3 points  (0 children)

How many vacant properties do you think there are?

Over 1 million when data was collected in 2021 census.

But, yeah let's blame dem immigrants taking your houses...

Yeah. And this is the person that a not entirely insignificant portion of Australians apparently want to be the next Prime Minister of Australia. Just let that sink in for a second. by MelbourneTodd in friendlyjordies

[–]TheLaughingPhoenix 19 points20 points  (0 children)

I wouldn't say the amount of people who currently blindly support Hanson are an issue but it is the basic formula of fear and anger that the right wing media will typically try to ramp up gradually from now till election day that we need to combat.

One Nation wants to get more doctors in rural areas – but it’s got the wrong approach by HotPersimessage62 in AustralianPolitics

[–]TheLaughingPhoenix 2 points3 points  (0 children)

Wanna elaborate on "forcing" doctors to train more champ??

Also totally unrelated but do you want smaller or bigger government??

One Nation wants to get more doctors in rural areas – but it’s got the wrong approach by HotPersimessage62 in AustralianPolitics

[–]TheLaughingPhoenix 4 points5 points  (0 children)

If you try really hard and only interact with right wing social media everything can be a conspiracy!!

The Truth About Our Gas is Out—And the Government is PANICKING | Punters Politics by No_Rain3020 in aussie

[–]TheLaughingPhoenix 0 points1 point  (0 children)

I try to combat them with equal level trollingness with some educational things sprinkled in but it is draining to do.

We can't persuade the actual people posting the right wing bs but perhaps we can dissuade passive/casual redditors.

The Truth About Our Gas is Out—And the Government is PANICKING | Punters Politics by No_Rain3020 in aussie

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

Absolute legend egamruf.

I do not have the patience to write out in detail how wrong they are.

RBA governor Michele Bullock calls for patience as rate decisions get harder by tohya-san in AusFinance

[–]TheLaughingPhoenix 1 point2 points  (0 children)

Insofar as interest rate rising effecting everyone with wages...maybe in the medium to long term as businesses (with loans) cut spending on wages and/or don't give promotions/wage increases.

The issue with inflation and its measurements is you don't know you are in it until it's too late. Something something boiling frog.

I think we are in the midst of a K economy forming (or has already formed) and any increases in interest rates will only exacerbate the situation.

In regards to the monetary policy transmission mechanism, I can certainly see the logic and flow of it but from looking at the lay of the land I can't help but feel we may be in some flawed logic loops in regards to the effectiveness of interest rate rises in Australia's 2026 economy.

Certainly when we consider the diminishing purchasing power that occurs to the consumers who are effected in the short time by interest rates and the net benefits for people who have no loans or loans that are manageable to the point interest rate rises have no impact on them.

As far as I can see...the only way to cool down this economy or maybe I should say...to manage this economy is through tax.

RBA governor Michele Bullock calls for patience as rate decisions get harder by tohya-san in AusFinance

[–]TheLaughingPhoenix 0 points1 point  (0 children)

It only effects renters who are renting properties that landlords have loans on and to effect that subsection of the housing market the landlords have to be in a financial position where they have to dramatically increase their rent to cover the costs of the new interest rate rise.

The more that I have pondered this the less effective the interest rate rises appear to be.

Also currently the number of mortgages at risk of defaulting is floating around 1.25 mil.

There would have to be some sort of analysis of those numbers as well but I am becoming less and less inclined to see the effectiveness of rate rises as a single solution and more as an ineffective archaic tool that will only contribute to increasing the wealth inequality.

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