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Fair&PracticalProgress
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@Daz985363212311 Thanks for the response and expanding a bit more
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It’s a basic economic principle applied in modelling tax and investment with positive productivity outcomes , even if you hate modelling framework used by Canberra as I do
I don’t think Government intervention ever works in anything particularly with housing , it has been tried under Keating and he had to repeal it because of the disaster in cost increase
And FNP , I’m always serious in a constant tone of fucking outrage at the disintegration of the greatest nation our Aus
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Sparky777 , tax it get less of it , economics 101
History will give you the future friend
Sparky777@Potstirrer111
Taxing investors more which is 43% of buyers reduces demand for homes when currently demand outstrips supply. Keeping the cgt and ng for new homes increases supply as currently only 7% of investors buy new homes. The tax changes shifts these buyers to new homes. Reducing demand and increasing supply helps fix the housing crisis. Hope this helps.
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Fair&PracticalProgress retweetledi
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@aaronsmith I heard that some potentially long-term unfair usage of trusts may be targeted in the upcoming budget? 😲
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@Potstirrer111 @ajamesbragg Since the coalition have used slogans like 'petrol on the inflation fire' for yrs, perhaps a slogan-friendly way to reframe this is 'reducing this tax-payer subsidised (forgone tax well beyond inflation/indexation) fuel on the total investor ownership of all houses fire' (wordy)
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Fair&PracticalProgress retweetledi

Taxing investors more which is 43% of buyers reduces demand for homes when currently demand outstrips supply.
Keeping the cgt and ng for new homes increases supply as currently only 7% of investors buy new homes. The tax changes shifts these buyers to new homes.
Reducing demand and increasing supply helps fix the housing crisis.
Hope this helps.
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HYPOCRITES OR COWARDS?
Australia doesn’t elect (or re-elect) politicians from either side who point to the need for hard changes. And we haven’t for a couple of decades
So we get governments who have promised to do nothing
And then they deliver on that promise
(To be fair, they still proved effective crisis-fighters when needed, such as the Coalition during COVID or Labor during the GFC)
Our failure to change is increasingly weighing on Australian living standards
A few years ago I wrote that “The government can do what it has promised to do, or it can do what it should do”
And I finished with “the nation is better off if our politicians choose courage over consistency. Or, if you like, I prefer hypocrites to cowards. So, I hope budget night will be filled with broken promises”
The vibes are increasingly that the coming budget will have some broken promises.
And I get that people are grumpy about that
But I’d still prefer it to the alternative

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@Sociopathicide @shaunking Although Smotrich has said many disgusting things, I cannot find a credible primary source (e.g. video, transcript, or mainstream news outlet) documenting Smotrich actually saying this.
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@MarkoMatvikov @ContextJitters @Potstirrer111 @AvidCommentator My first comment was for the graphic itself, the 2nd comment was for other graphics that can be found on their page ("media" tab) there are graphs over a wider period see any trends are the introduction of certain policies. Such as this one:

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The idea that EV batteries age poorly is a misconception – and a new report has found they often outlive the cars themselves #Echobox=1777750792" target="_blank" rel="nofollow noopener">newscientist.com/article/mg2703…
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@ContextJitters Let's model open hearts and open minds (algor. opposes this). I, after being exposed to new info/perspectives, have experienced cognitive dissonance & changed/nuanced my opinion on some issues. When claims sound outrageous/unfair, I have to spend effort to fact check for myself😅
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@FairNPractical thanks - appreciate the kind words.
still a WIP - hopefully more signal than noise.
Just between you & me - I suspect other posters you share with may actually prefer the single graphs & few data points to make their sweeping statements...
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'NBN prices are going up again'
"Wholesale NBN prices will increase by as much as $4.04 per month."
whistleout.com.au/Broadband/News…
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Adrian Portelli’s partnership with Channel Seven is just his latest in a string of publicity stunts, designed to persuade punters to hand over fistfuls of their hard-earned, for access to a so-called rewards scheme.
#MediaWatch
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@Peter_Strachan NOM is unwinding from the post-COVID surge — arrivals are falling, departures are normalising, and levels are tracking back toward the pre-COVID range.

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