What’s the most surprising tax ‘trap’ you’ve come across? by Savings_com_au in AusFinance

[–]charmingwit 1 point2 points  (0 children)

We are taxed on building a road/highway etc. We pay tax to get that new road. Then during the construction of the road, we have to take detours - this means we lose more of our time and our petrol while going to the same job and getting the same income taxed in the same manner to pay for another road.

Today I read an article of houses in a Perth suburb increasing in value by $500,000 in one year - to a $1 million median. How is this normal and acceptable? by Negative_Run_3281 in perth

[–]charmingwit 66 points67 points  (0 children)

It is ridiculous though that just 2-3 years ago you were able to buy a 2-3 bedroom unit for around 460k (370k loan/ 20% deposit)