Steven
8.4K posts

Steven
@Stevey_George
Phoenix Suns | Tottenham Hotspur | Hawthorn FC
Melbourne, Australia Katılım Kasım 2017
1.7K Takip Edilen250 Takipçiler
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I repeat, Football Twitter is the greatest section of the internet 😭
Lea@Lea_EFC
Dan Burn chasing down Lamine Yamal at the World Cup:
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@Ausproperty95 💯 💯 spot on and the big G20 economies will just keep printing away. 1-2 term governments don't care about structural deficits.
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People are so worried about a housing but the reality, the houses never went up.
Your money lost value at 7-9% a year for the last 50 years.
Houses went up less than that.
They lost real value by 1-3% per year.
Housing ain't going to crash, cause it never boomed.
Just money losing purchasing power.
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I did not realise they were taxing gross rather than net gains… AFR: Investors with diversified share portfolios making a mix of gains and losses compared to inflation could face tax rates of more than 100 per cent on real gains, due to the Albanese government not compensating investors for underperforming stocks.
A former senior Treasury tax official and a hedge fund manager both warned that people with a diversified portfolio of shares could face tax rates 50 per cent higher than Treasury calculated… Chalmers’ office and Treasury were contacted for comment on Thursday about whether real losses would be indexed to inflation.
Under another example, an investor buys shares in Coles and Woolworths, with one outperforming inflation and the other underperforming inflation.
The overall real return is zero after inflation, but the investor would pay tax on the winning stock.
If an investor instead bought an ETF of supermarkets with the same overall result, they would pay no tax.
afr.com/policy/tax-and…
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@LeeRespecter If he can't model into the future, then his budget isn't worth the piece of paper it's written on. That's essentially what a budget is.
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Two years on, the NDIS costs the equivalent of the entire income tax paid by 3,980,000 Australians.
To put that in perspective, that's the population of Perth and Adelaide combined.
Davey@TheRealDavey2
@RangaRunner The NDIS is going to cost $29.2bn this year or roughly the income tax paid by 2.4 million Australians (to put that in perspective, that's the population of greater Perth).
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This reveals the whole problem with our political environment right now - if a guy can't survive a softball interview on Peter FitzSimon's daughter's vanity newsletter what are they going to do if anything serious happens?
LeeKuanYewRespecter@LeeRespecter
"... If it is a cake shop, a cake from a cake shop that has sales tax, and it's decorated and has candles as you say, that attracts sales tax, then of course we scrap the sales tax, before the GST is..."
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"Over the last ten years, the population has increased by 16%, and the number of homes has increased by 19%."
"The housing crisis wasn't caused by a drop in supply."
@MattGrudnoff @auspol
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Nine months ago, these homes were still under construction.
Now, 45 new social and affordable homes in Melbourne are ready for people to move into.
We’re throwing everything we can at housing.
5% deposits for first home buyers. Fairer housing taxes. And more homes being built right across the country.
Because everyone deserves a place to call home.

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