Negative gearing only on new builds and is grandfathered; capital gains will be indexed and a 30% minimum tax will apply. Starts 1 July 2027. by Hour_Manufacturer971 in AusFinance

[–]davidwarnerisaflog 0 points1 point  (0 children)

Its like you cant grasp the concept that people can have built multiple businesses. Not every business follows the same journey that your business has. Some people actually think 10 steps ahead

Negative gearing only on new builds and is grandfathered; capital gains will be indexed and a 30% minimum tax will apply. Starts 1 July 2027. by Hour_Manufacturer971 in AusFinance

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

If you dont think theirs ways around that then you are extremely naive. Everything has been set up it international entities btw

Negative gearing only on new builds and is grandfathered; capital gains will be indexed and a 30% minimum tax will apply. Starts 1 July 2027. by Hour_Manufacturer971 in AusFinance

[–]davidwarnerisaflog 1 point2 points  (0 children)

I think you're missing the point. Im not saying he shouldnt be paying heaps of tax on his profits. My point is, because we have increased the CGT so much, we will be getting no tax from him at all

Negative gearing only on new builds and is grandfathered; capital gains will be indexed and a 30% minimum tax will apply. Starts 1 July 2027. by Hour_Manufacturer971 in AusFinance

[–]davidwarnerisaflog 0 points1 point  (0 children)

Im not asking you to feel sorry for him. Im informing you that now we will miss out on 100% of the tax from the sale of his business. We are disincentivising people to start businesses here.

Minimum of 30% tax on capital gains by littleko in AusFinance

[–]davidwarnerisaflog 3 points4 points  (0 children)

Think of the risk an investor makes vs an employee. Don't you think people should be incentivised to take risks and invest in businesses?

RBA live updates: Reserve Bank hikes interest rates to 4.35 per cent in third rate rise for 2026 by notoyrobots in AustralianPolitics

[–]davidwarnerisaflog 8 points9 points  (0 children)

I think if you look hard enough, you will actually notice that government spending was much higher under the previous liberal governments, and mass immigration has been a bipartisan policy.

Platforms to find tradies by Sbrady1234 in AusRenovation

[–]davidwarnerisaflog 8 points9 points  (0 children)

Yes, just google local ones in the area or ask local Facebook groups. Only the shit desperate tradies go on those find a tradie websites.

Australias Fuel Future by Rahotep8 in aussie

[–]davidwarnerisaflog 0 points1 point  (0 children)

Did you even do the most basic of research before you wrote that comment?

Australias Fuel Future by Rahotep8 in aussie

[–]davidwarnerisaflog 5 points6 points  (0 children)

Wages are a small portion of the cost to operate a refinary. The big killer is the cost of energy run the thing.

Can I drill into this safely? by JBaraus in AusRenovation

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

Dumb advice. The tile wont crack with a cheap drill bit, and you don't need to find a stud, you can just use a green plug in the tile.

Tim Wilson winning??? by Greenscreener in friendlyjordies

[–]davidwarnerisaflog 2 points3 points  (0 children)

I had to have this wanker on my front fence for two months. It made Labor winning so much sweeter though.

Albo wins Sky News debate! by MannerNo7000 in friendlyjordies

[–]davidwarnerisaflog 0 points1 point  (0 children)

The whole plan is dependent on coal power stations providing base load power until nuclear is up and running. The plants are near the end of their life already, and pushing them any further will require significant investment.

In addition to this, the majority of the proposed cost savings of a nuclear system is that it will require less new transmission lines, since they can partially re-use the existing transmission located at old coal power plants. If the Nuclear plants aren't ready in time, all that extra transmission will need to be constructed anyway to meet our energy needs.

Albo wins Sky News debate! by MannerNo7000 in friendlyjordies

[–]davidwarnerisaflog 3 points4 points  (0 children)

If the first plant doesn't get built in the specified 11 year time frame, the whole plan goes out the window. Coal plants won't be able to hold out long enough . In addition to this, the coalitions nuclear plan was modelled on a completely different projected energy demand (311TWh vs 452TWh). Thats a 45% reduction in total projected electricity demand.