Mel
9.4K posts


@darwonboy @OtherSideAus @Mon4Kooyong You can play what aboutism all day, fact is no one person bank rolls a politican like Gina the hutt
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@ALeighMP @BaronBurleigh2 Trust is built locally, with the people of your electorate, which would include small businesses, but you won’t front them will you Andrew!
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On 10 June, I’ll address the National Press Club on rebuilding trust in Australia.
Trust is built close to home: through charities, community groups, local fundraisers and the volunteers who show up.
It’s how we back the organisations that bring Australians together.
Tickets: npc.org.au/events/the-hon…

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@ThoughtsSending If this is their “start on tax reform” I would hate to see their entire plan! This will kill investment opportunities, drive up rental prices and remove people’s ability to find ways to set them up on the future.
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@melrob74 This budget is at least a start on tax reform.
It attempts to reduce the burden on workers income tax by adjusting advantageous tax concessions for non-salary income so obviously conservatives & Murdoch sycophants will whinge & complain no matter how fare & reasonable it is.
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#auspol
The fact is workers income has been taxed too heavily while capital is taxed too lightly.
A whole generation has been penalised & housing made unaffordable for most workers.
Labor is taxing income earned by workers more fairly.
An overdue reform that conservatives hate.
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It doesn’t though, the budget misses the point entirely. Inflationary pressures make it impossible for FHBs to save for a home. House prices will remain high as they’ve grandfathered homes that were purchased prior to the budget decision, meaning Landlord’s will hold on to their investment properties, and no one will invest making rentals a lot dearer. There are also qualifying rules for home loans, high interest rates caused by inflation is eating away at everyone’s borrowing power, and 5% deposit loans are locking the ones that can afford to purchase into higher than average interest rates, creating a debt bubble that they are struggling to maintain.
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@ajamesbragg You do realise that the entire point is making property a less attractive investment to get investors out of the market, owner occupiers in?
This means lower home prices & less people renting also taking pressure off rents
You guys have no clue
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@mickj_gtsr @TheKouk When all else fails throw Trumps name out, you’re all totally predictable! 😂😂😂😂
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Some frenzied feedback on the below: The cookers hate facts - but here are a few:
1990:
60% of the population finished year 12 - now 80%+;
8% of the population had a uni degree - now 34%
Female participation rate 52% - now 63%
Inflation was 6.5% - now 4.1%
Cash rate was 17% - now 4.35%
Life expectancy was 76 years - now 85 years
To name a few ...
Is 2026 better than 1990?
Of course it is.
Stephen Koukoulas@TheKouk
1990: Poor levels of education, low female workforce participation, high inflation, high unemployment, high interest rates, low life expectancy, company tax rate 39%, top income tax scale of 47% came in at $50,000pa ... And the home ownership rate was only 1 ppt above where it is now. But those were the good old days.
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@just_brash @Chip_Prospect @cpbaken @theinfradev And yet people were better off then they have been under every Labor government since John Howard.
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@Chip_Prospect @cpbaken @theinfradev John Howard’s government was the highest taxing government in recent history.
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@cicohipe @mattymaddog_89 @just_brash Now look at what we charge for those exports, then look at what we should charge!
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@mattymaddog_89 @just_brash The federal budget is about $850b. Our total exports, including things like agriculture and education is about $550-600b.
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@mickj_gtsr @TheKouk Learn the difference between good fiscal policy and irresponsible fiscal policy!
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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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@bruceking54 @crowthevegan @AAAALEFT @JEChalmers @AlboMP Because they’ve already been taxed on the funds they used to invest!
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@crowthevegan @AAAALEFT @JEChalmers @AlboMP Nothing against people working smart and not hard or investing to retire early, but why should their earnings be taxed differently.
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But you forget there was only one rate rise during his government, which came off the back of a pandemic where billions were thrown at the economy to keep it going out of necessity. There have been 12 during labors term, not because of any great catastrophe but because Labor can’t manage money! Instead of offering the already stretched population hope, they offer more taxes and waste millions rorting us in expenses.
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Mel retweetledi

This is the new anthem for the Australian Patriots who are working to stop the controlled disintegration of Australia by Albanese.
Credit:
@The_Feral_Koala
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Then there’s the interest rate issue, which is causing an issue of affordability for first home owners. It’s also creating a debt bubble for these young FHOs who are already struggling to meet the repayments of the 5% mortgage. The gift they should have given young people, is a path to lower inflation, not generational warfare!
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@RitaPanahi @GandP007 It now falls to Albanese to explain to all the Aussies that he trapped into 95% mortgages what happens when his genius treasurers strategy collapses the value of their homes.

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The majority of voters see right through Labor’s cynical attempts to play the politics of envy. Handing down a mean-spirited budget that sets back aspiration and innovation will do nothing to address the housing crisis beyond driving up rents.
heraldsun.com.au/news/opinion/r…

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@pcet2022 @RitaPanahi Which Australians are having their access to employment removed?
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@RitaPanahi Remember -
Rita supports removing access to employment for hundreds of thousands of Australians.
To protect her own private wealth from inflation.
Demands these same Australians be flogged into grotesque levels of poverty on Jobseeker.
How's that for "cynical"?
#auspol

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@firstfusilier @AlboMP It’s a participation trophy from the UN. A nothing award that’s completely tone deaf to the plight of Australians, thanks to this incompetent fool!
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@daazniga @Ryandally08 Labor are the ones introducing it, so it’s Labors fault.
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@Ryandally08 People blaming labour but it's also a huge part of the Greens doing this to aussies. Greens is the party of false promises and the most radical policy.
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Nat Barr grills Tanya Plibersek on Anthony Albanese introducing a death tax in disguise:
Barr: “The PM has now admitted that after 2028, family trusts will now be taxed at a higher rate, that sounds like a death tax”
Plibersek: “if the share is fixed, no change, if you’re able to shift the money around, you may be doing that to minimise tax, so that needs a 30% tax attached to it”
Barr: “people do that for all sorts of reasons, they may have a disabled child, issues with marriage”
“If you have a testamentary trust, will it be taxed more after July next year?”
Plibersek: “30% yes”
Barr: “so that’s a death tax, Tanya?”
Plibersek: “people who work for a living should get taxed”
This Government just lies to your face.
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@MargaretPinwill @Ryandally08 Actually Barnaby stood there and let her have her say. It was Tanya that couldn’t keep her mouth shut when Barnaby was speaking! Typical Labor though, when they can’t defend their position they aggressively speak over people, usually with outright lies and gaslighting!
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@Ryandally08 She actually said people who work for living should not be taxed more than those living off assets Barnaby & Barr were shouting so much it was hard to decipher and she had to repeat it several times But of course ourselves you pick her one stumble Disgusting by Joyce & Barr.
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