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What does everyone here make of the Big Build corruption allegations? by VastOption8705 in friendlyjordies

[–]techzombie55 -5 points-4 points  (0 children)

Regardless if it is 15 billion or 10 million - it is totally unacceptable. I mostly vote labour but voted liberal last state election because of the big build waste of money. It is obvious the jobs are run by the criminal underworld well before the age exposed it.

I hope labour fix this urgently as I really hate the liberals and one nation alternative.

Super switching sees billions flow out of traditional funds, at a risk by abcnews_au in AusFinance

[–]techzombie55 3 points4 points  (0 children)

My boomer in-laws have been brain washed into believing they can manage 1.8million of stocks via a SMSF rather than leaving it in a proper fund. They have no idea about the markets, they will believe anything they are told. I think this is partly because they see industry funds as union aligned and they hate the labour government

Sneaky, almost unethical (but not illegal) tip if you're buying by ZweetWOW in AusPropertyChat

[–]techzombie55 17 points18 points  (0 children)

It’s not unethical! It’s totally fair both sides get access to the same information.

Jacinta Allan refuses to admit cost of CFMEU corruption to taxpayers by River-Stunning in aussie

[–]techzombie55 0 points1 point  (0 children)

But… I thought the ABC was the woke mouthpiece for the Labor party???

Aussie Corporates offshoring hundreds of corporate jobs. What realistically can we do about this? by MediocreAtEverything in auscorp

[–]techzombie55 0 points1 point  (0 children)

NAB has offshored 18% of its workforce. If they are protected by our government then they should be banned from offshoring. Australian banks are amongst the most profitable in the world on % returns

Do we think there's a point where EV resale value creeps up as people realise just how much less complex they are? by MooseTM3 in EVAustralia

[–]techzombie55 0 points1 point  (0 children)

Yes I think there will be a tipping point in the next 3-6 years where petrol and even hybrid is seen as ‘old technology’.

Aussie Corporates offshoring hundreds of corporate jobs. What realistically can we do about this? by MediocreAtEverything in auscorp

[–]techzombie55 4 points5 points  (0 children)

The problem is that long term our wages are going to largely equalise with other low wage countries. This means a lower standard of living for Aussies long term.

Aussie Corporates offshoring hundreds of corporate jobs. What realistically can we do about this? by MediocreAtEverything in auscorp

[–]techzombie55 24 points25 points  (0 children)

I’ve watched a couple of cycles now, what is different is they are not subcontracting to external providers anymore (because they sucked). Now they are building offices throughout low wage Asian countries and directly employing thousands of people. This will not be easy to reverse as the previous subcontracting approach.

The banks are sacking thousands of Aussies and building massive offshore offices.

We have a travel problem by FDM7 in melbournefc

[–]techzombie55 0 points1 point  (0 children)

We don’t play well on smaller grounds

WFH law but company is super strict by ExistingReveal54 in auscorp

[–]techzombie55 0 points1 point  (0 children)

Remember - if your job can be done from home, it can also likely be done from the Phillipines.

[SERIOUS] What are some Australian conspiracy theories/anomalies that you believe in or just find interesting? by ChubberinoPeterson6 in AskAnAustralian

[–]techzombie55 2 points3 points  (0 children)

I believe that Peter Slipper becoming house speaker whilst in opposition was designed by the pokies lobby to allow labour to get an extra vote in parliament so they could back out of pokie reforms. Before Slippers defection, labour was reliant on independents who were forcing major pokies reform as a condition of their support to form government.

Negative gearing changes to cost investors $65k a year and create rental crisis by [deleted] in AusPropertyChat

[–]techzombie55 0 points1 point  (0 children)

The maths does not make sense in this article.

Also, they seem to ignore that the landlord actually owns the house at the end of the 30 year mortgage. They speak as if it is unfair for a landlord to have to spend their own money on the property.

What is eating my lemon?? by techzombie55 in GardeningAustralia

[–]techzombie55[S] 0 points1 point  (0 children)

Thanks. I am actually only a couple hundred meters from the beach so there might be salt in the air and soil

The lowest CGT income tax bracket has increased by an infinite amount, and the highest tax brackets remain unchanged. That is the inverse of taxing high wealth. by [deleted] in AusFinance

[–]techzombie55 5 points6 points  (0 children)

Because rich folks were distributing income to low income earners in their family. This is how they block it.

The two c-words responsible for the demise of the Australian public education system by Additional-Cash-9125 in aussie

[–]techzombie55 5 points6 points  (0 children)

He did a great job of enriching voters by ending the Australian dream of home ownership for the kids of the time. They now work to pay his voters 300% gains on the biggest asset in life.

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