@ausstockchick If a man was to be a woman, they can be called Ladyboy.
At least Thailand has it right. And Ladyboys do not invade women’s private space
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Alterego1168
1.4K posts
Alterego1168
@alterego1168
😍Lover and Fighter 😡 .....................🤠Trader and Investor 😎 ..................🤔Fact and Fiction 🤓 .........................💃AlterEgo🕺
Australia Katılım Mayıs 2017
93 Takip Edilen57 Takipçiler
Incase you didn’t know, there are only two sexes - male and female.
I don’t care what you say. Sex is determined at birth.
You’ll never change my mind.
Another sad day for Australia.
#auspol
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@C_Corday @disco___cat And they call it fairness…. Coz everyone is equally miserable
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Two wrongs don’t make a right. Previously everyone at least had the option of putting their savings into investment vehicles and getting ahead that way, now we have the worst of both worlds where taxes are rising on everything for no concievable benefit and everyone is equally miserable
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@Potstirrer111 @SkullSpeedDeal NZ rent skyrocketed when they got rid of NG.
All rents needs to rise at least 20% to compensate for loss in NG.
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@SkullSpeedDeal They can try… they will be competing with the investors who have flocked to to builds which add to supply that are newer with aircon.
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@alterego1168 @Mick71831452 I guess I’ll just stop obeying road rules because I own my car then. Start doing 200km/h on the highway
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@Mick71831452 @Potstirrer111 It’s the landlord property, not tenant.
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@Potstirrer111 Tenants agreed to live in the house for a certain period of time, now won't move out. Please advise how I can legally get them out
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I've already worked out a way around the budgets bullshit 30% tax on trusts. I will move my trust into a normal company structure... And 1 week before the end of financial year I will use a personal abn of each person I previously distributed income to... And just invoice the co
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Seems like a lot of soy boys voted for ‘ethics’ when they elected this government didn’t consider that ethics doesn’t exist.
Got locked out of the housing market and fell for the generational inequality trick.
You just added ten more years to your 9-5 on your ‘ethics’ vote.
#auspol
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@Desdemo94719051 @shoootingfish @rhysdiab Now with those taxes, you can't get back as much, and cannot go on big cuirses, buy lambo.. its just straight to old age pension for you...
There's no incentive to invest for your own future.
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@alterego1168 @shoootingfish @rhysdiab Unfortunately this government is encouraging the grifter attitude. I could be financially irresponsible, sell my assets, go on a big cruise, buy a Lambo and pull an old age pension. But I choose not to because I believe welfare should be for the people who need it most.
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Am I wrong in reading that there’s a 30% minimum tax rate on net capital gains?
Even if a person has a low income year they now can’t use the tax free threshold or a lower bracket when they realise a capital gain?
Brutal
#Budget2026
Rachel Bui@buirachel
From budget paper no.2: “From 1 July 2027, the 50 per cent CGT discount will be replaced by cost base indexation for assets held for more than 12 months, with a 30 per cent minimum tax on net capital gains. These changes will apply to all CGT assets, including pre-1985 CGT assets, held by individuals, trusts and partnerships. Transitional arrangements will limit the impact on existing investments by ensuring the changes only apply to gains arising on or after 1 July 2027. The 50 per cent CGT discount will continue to apply to gains arising before 1 July 2027. Capital gains on pre-1985 assets arising before 1 July 2027 will remain exempt from CGT. To maintain incentives for new housing supply, investors in new residential properties will be able to choose either the 50 per cent CGT discount, or cost base indexation and the minimum tax. Income support payment recipients, including Age Pension recipients, will be exempt from the minimum tax.” #auspol #startupaus
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@shoootingfish @Desdemo94719051 @rhysdiab The grifter is someone sucking on the government welfare …. Not someone paying their own way.
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@Desdemo94719051 @rhysdiab so what are you complaining about, having a million dollar house, a smsf that pays no tax and then possiblly paying a few k more on a capital gain ? stop being a grifter
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@TraceyRead76791 @OMGTheMess Welfare is biggest government expenditure. That’s why there’s strikes from nurses, teachers, etc.
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@OMGTheMess Those on welfare and that work in the public service could care less as long as they are taken care of.
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You have a great idea
Mortgage your home
Open a small business
Work 7 days a week for 15 years
Create a profitable business
You’re a winner!
Until you decide to sell
Then the government turns up
Wants half
Government took no risk
Government worked zero days
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@StuartMilneeee @ausstockchick Makes sense when we believe in magic numbers
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@ausstockchick "Modelling" says rents will increase by $2 and property prices will reduce by 2%.
How do either of these scenarios help you people looking for a property to buy and live in?
Make it make sense.
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What fascinates me is reading the comments from the left who are celebrating the budget.
Someone just re-tweeted my tweet and said Australia is taking back the working class.
Honey, Australia just cemented you further into the working class than you have ever been before and it’s astounding some people can’t see that.
People who built wealth via the old system are in complete shock.
#auspol
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The number of new company registrations are zipping higher: Booming in fact.
Lots of entrepreneurs starting up business opportunities. This is a bright spot for the economy
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@endozduopoly @some0nethere Government has spent more on Welfare than on property investors. On a NET basis, Property investors pay more tax than even the multinational companies.
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@some0nethere Rentals aren't entirely bad, but you have to ask why government is constantly bailing the market out, given that apparently adds so much "value" to society.
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The truth is that property investors do not contribute any value to the economy collectively.
If they did, government would not have to constantly inject stimulus into the market and provide subsidies.
The housing market "welfare" system needs to end.
Its an utter parasite.
Jim Chalmers MP@JEChalmers
BREAKING: Our responsible approach in today’s Budget means we’ve improved the bottom line by $45b. Labor’s responsible economic management means that debt is lower, deficits are smaller and the Budget bottom line is stronger in every year. We’re getting the Budget in better nick because that helps to fund the things that Australians need and deserve like Medicare, aged care and cost-of-living relief.
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@DrCameronMurray OO can go build their own homes, there is no need for landlords to sell if they dont want to. Forcing them via policy will make Australia poorer.
No countries have ever achived a good outcome with declining property prices.
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Everyone who wants higher homeownership but doesn't want landlords to sell is revealing how unserious they are.
There is no mathematical way to increase homeownership rates without more landlords selling.
fresheconomicthinking.com/p/landlords-se…
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Propadeee bros are going to lose their minds if VC bros get a CGT carve out.
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@OMGTheMess Government wants to be part of the gravy train - Property prices going to skyrocket.
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The ALP are NOT saying more young people will be able to buy a house. Nor are they saying house prices will come down.
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@StuartMilneeee @ausstockchick Future generation will never have grandfathered properties. Thanks for playing !!
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@ausstockchick Everything this government does is a disguise.
And yet young people couldn't be worse off.
When we the young lambs learn?
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Tonight might just go down in history as the day Australia as we knew it ended.
Getting ahead in Australia is about to become twice as hard.
Taking risks, investing, building wealth, the things that used to be encouraged are starting to look like they with come with a penalty.
All to keep the gravy train going while disguised as helping young people.
Disgraceful.
#ausbiz #auspol
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@jgrogan222 @ausstockchick @AsakusaKitsune It will be grandfathered with regard to CGT. Thanks for playing.
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@ausstockchick @AsakusaKitsune Not really grandfathered with regards to CGT. They are also talking about minimum 30% CGT. That will be brutal for long term investing.
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@OMGTheMess Yes - the minority who wanted this because of property jealousy just voted against their own interests and will face higher taxes in the future.
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So there will be two classes of rent in future?
The negatively geared 50% CGT class and the rest
One class will be significantly higher
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@ausstockchick Anyone who is not ahead post change, will be harder to move foward....
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I don’t think it’s sinking in for me.
If these changes go through, we will pay some of the highest tax rates in the world on capital gains from property and shares.
#auspol
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