sadel
21.2K posts
sadel
@_sadel_
Supporter of #decriminalisation of sex work in South Australia, Australia and across the world.
Katılım Mart 2017
396 Takip Edilen773 Takipçiler
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Just a friendly reminder that Albo defunded the Invictus program. A non profit organisation focused on veteran health.
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This flew under the radar…
The labor government is removing the bonus that provided seniors with larger rebates for having private health insurance. Previously, Australians aged 65–69 received a 28% rebate, and those aged 70 and over received 32%.
Everyone over 65 will be transitioned to the base rebate tier applicable to Australians under 65, which is currently slightly over 24%
Over 3 million Australians over 65 will be impacted, with seniors facing out-of-pocket premium increases of roughly $240 to $1,000+ per year depending on their level of cover.
Who aren’t labor upsetting and taxing harder?
Jeff Kennett@jeff_kennett
The removal of the rebate for private health insurance for people over 65, is grossly unfair. The rebate should have been means tested. Many seniors are low income or on pensions. Their health insurance is often their biggest expense which they struggle to keep. Unfair.
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@purplepingers This is bad news for all the people who have CBA shares in their super.
You really aren’t very smart.
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Man is genuinely hitting us with the: “won’t somebody think of the commbank share price” 💀
Matt Barrie@matt_barrie
CBA market cap down more in 1 day than the entirely this government reckons they'll claw back from the CGT, trust and negative gearing changes in a year economically ruinous budget do they not realise the CGT tax revenue is proportional to actual gains
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@froggy_world @AnyaSonder People use their post-tax income to invest. So their income has been taxed once already. If that person makes a profit on their investment they are taxed again. So they are taxed twice, which is unfair.
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@AnyaSonder The question is should a person who makes their money by investing get a tax discount while those who make their money by working get no discount.
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Why is no one going out of their minds about the changes to shares in the media? Tax grab that will screw future generations. Nothing to do with 🏘️
Retirees, rentvestors, younger people using the share market to save 🏠 deposits.
Am I missing something ?
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Never thought I would be reposting something from Pauline… but here we are…
Pauline Hanson 🇦🇺@PaulineHansonOz
If this is all about housing for young people then why are all our other assets being included such as shares , commercial property , industrial property what’s that got to do with housing ?
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If this is all about housing for young people then why are all our other assets being included such as shares , commercial property , industrial property what’s that got to do with housing ?
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Budget 2026 is a direct tax on aspiration and risk-taking.
It kills the incentive for young Australians to invest in shares, startups and productive businesses.
This is intergenerational betrayal dressed up as fairness.
Stop punishing success. @AlboMP @JEChalmers”
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Before the last election he said more than 50 times he wouldn’t touch housing taxes. How can you believe a single thing he says now.
Share your story at notthetax.com.au
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Removing the CGT discount on shares is a garbage move.
People buying ETFs aren't the reason the housing market is broken. In fact, many use them to save for a home.
Gen Z and Millennials are finally building wealth through being the biggest users of micro-investing apps (69% of users), and the Govt just screwed them over 🤷♀️. #AusPol #Budget2026
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@AnyaSonder Finally, the ABC is now reporting that young investors with shares and ETFs are upset that they will be taxed a lot more.
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@AnyaSonder These changes should have been taken to an election. The government had absolutely no mandate for increased taxes on both property and shares.
Young generations will have to work harder and for longer than their parents.
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budget.gov.au/content/bp1/do…
CGT discount removed on ALL assets, AND minimum CGT rate of 30%, even if you earned exactly $0 in normal income during that year.
Perhaps the most disgusting, anti-productive, uncompetitive change to Australian fiscal policy in modern history
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Anika Wells told the expenses watchdog that she held a meeting with Chris Picton on the night she attended his wife’s birthday party. Picton won’t confirm the meeting. ebx.sh/CQkKbb
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It's time to end negative gearing to promote intergenerational fairness in the housing market.
These older investors have benefitted for too long.
To even things out, we'll honour existing negatively geared properties and prevent future investors from benefiting.
😂
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