Light is the cure

@PinguCapital You're wrong. You are assuming that landlords will act individually and options for lower prices exist. Most landlords will look to increase ( test the market) . Once this occurs your renter has minimal options at the old rent. Once it breaks up it won't break down.

Rents are NOT a function of landlord input costs. Anyway proffering this does not understand economics.

@JacintaAllanMP You be at home soon but not working

If you work from home, you've got a friend in me. Flexible work arrangements are nothing new. And the tale of Toy Story 2 back in 1998 is proof that work from home works. It means parents can continue participating in work - and save Woody, Buzz and Jessie. That's why we're protecting it in law from 1 September.

@ALeighMP Jesus you can say all that with a straight face.

Throughout history, the Coalition has opposed big reforms. They fought uniform income tax, capital gains tax, fringe benefits tax and universal super. Now they’re opposing a Budget that cuts income taxes, builds homes and lifts productivity. andrewleigh.com/speech_matters… #auspol

@AshPolitik @D0NT_B_Stupid Or my cult leader good, outright lies don't matter, failure doesn't matter. He told me he was good. your cult leader bad

@D0NT_B_Stupid that's cult like mate. Don't be like the Magats. Remember, Australia and country first over your cult leader.

Labor allows more than 2, negative gear 20 if you want. Make them new residential property or established commercial Young people get a fairer deal on the property market, more first home owner occupiers and new supply for renters. Another daft, ill-thought-through policy by One Nation

@AshPolitik what makes you think you know better. You really are just full of crap. you haven't had a thought not planted by the Labor PR machine in years,

@Markyles @angelar68197975 @devalara44 Please explain your housing minister being worth 20 million dollars on a politicians salary of sub 400k per year. Before she became a minister. Your own party gaslights you.

@angelar68197975 @devalara44 I agree ON are being conned but, just like MAGA and Trump, One Nation followers like their leader being rich. Shows success to them and they excuse corruption and greed as just making money.

Who wouldn’t like a $2M gift of a plane to fly around Australia helping workers.. That fish and chips diplomacy at its best Gina style Conning the innocent that she’s their best bet for help come election time

@FergussonB21209 @BilsonhBilson The lefts version of fair share, any money you have by working hard and should share with me. The fact I've done fuck all for a decade getting three social arts degrees and essentially can only ever be an overqualified baristas is an intergenerational wealth issue

@BilsonhBilson CO has nothing to defend.The budget is a step in the right direction for everyday Australians.You know,the majority of us.The only ones complaining are the minority,who don't contribute their fair share.They evade tax and have enjoyed loopholes to reduce paying.Times up

The super impressive Clare O’Neil appeared on ABC Breakfast & to quote ABC “to defend the government's proposed tax changes to negative gearing & capital gains” Why is Clare having to defend along overdue change? Jim & the PM have 65yrs exp in politics.

@BilsonhBilson because they 65 years of worthless experience. No attachment to reality, sitting in ivory towers playing with monopoly money in their eyes. They don't understand business, people or actual value of dollars. They believe in an never-ending money tree called taxpayers

@Genevieveat19 I'm lost $10billion of rebates (the tax breaks labor hates....) for home solar and batteries yet prices went up by 70+% over the time period. With all this home solar power demand (and prices) should have plummeted yet prices sky rocketed instead. Labor idiots please explain

Great work by EM Chris Bowen MP & the Albanese Labor government. Renewables are our future.

@CraigSarg73 There will be no changes to negative gearing and CGT in the budget. I've told you 50 times we will not be implementing any of these tax changes in the next term. 50 times Ive told you this, stop asking. Until we do. Labor and the labor shills do nothing but lie.

The Murdoch media’s so called “death tax” campaign is pure scare politics. There is no death tax in the Budget. None. What’s actually being targeted are tax minimisation strategies used overwhelmingly by very wealthy Australians through discretionary and testamentary trusts. For the vast majority of Australians, these changes will have zero direct impact. The easiest way to cut through the hysteria is to ask a simple question: do you have a family trust or benefit from one? Most Australians don’t. Most workers have their wages, savings interest and income automatically reported to the ATO and taxed normally. Meanwhile, wealthy families can use trusts to split income across relatives and dramatically reduce their tax bills. That’s the loophole the Government is trying to tighten. Even under the proposed changes, trusts will still provide major tax advantages. The reforms simply reduce how much high-income families can shift income into lower tax brackets through spouses and adult children. Claims this is “communism” or an attack on aspiration are absurd. The “death tax” line is even more misleading. There is no tax on inheriting wealth. The changes only affect how income generated inside certain trusts is taxed not the underlying assets themselves. That is not a death duty, no matter how many headlines News Corp runs claiming otherwise. The same exaggeration applies to claims that modest capital gains tax changes will “destroy innovation” or send entrepreneurs overseas. Australia would still remain comparatively generous by international standards, and most developed economies already have stricter tax systems than ours. Nobody is arguing against people building wealth. But wealth creation depends on public infrastructure, education, healthcare, courts, roads and stability funded by taxpayers. Asking the wealthiest Australians to contribute a little more is not class warfare it’s how a functioning society works. The real issue here is that powerful media outlets are trying to convince ordinary Australians to defend tax structures that overwhelmingly benefit the ultra-wealthy, while pretending it’s somehow in everyone’s interest.

@TonyShepherd4 But holding on tight to being a retard though.

I would not vote for Pauline Hanson or One nation I am not a moron unable to work out she is a total con

@johnsy123aus China's building 100, and about 30 new nuclear power plants in the US. Please tell me you think you know better than the global community.

Electric prices come down thanks to labors renewables push , no thanks to the LNP who tried to cut it off at every turn, even wanting to build trillions of dollars nuclear reactors, 1950 tech ,

@angelar68197975 You spent billions of our money to fund a government NetZero fantasy and now crowing youd save me 50 bucks after a 70% price rise . You really are pathetic

Power prices set to fall, all thanks to renewables…. That would never happen with LNP. Or One Nation

@CraigSarg73 You mean after 100's of billions of government investing in renewables I'm going to save 50 dollars a quarter. The tax bill for me is 5,000 per quarter for this crap. Leftie math be mathing....

PHON is now claiming Australia has the highest electricity prices in the world. That’s simply false. Countries paying more than Australia per kWh include Bermuda, Ireland, Italy, Belgium, Liechtenstein, Germany, the UK, Switzerland, Denmark, Czechia, the Bahamas, Austria, Cyprus, Cape Verde, Barbados, Guatemala, the Netherlands and France. Australia sits around 18th globally at roughly $0.26 USD/kWh high, but nowhere near number one. Meanwhile countries like China, Russia, Venezuela and Turkey sit closer to $0.07 USD/kWh, largely due to heavy state intervention, subsidies or domestic fossil fuel pricing. If you’re going to debate energy policy, at least start with accurate numbers.

@FergussonB21209 @LNPvoterfail A full decade of a policy that people rejected at two elections, was categorically denied that would be on the agenda. This was not a shifting winds which changed direction. They planned and outright lied repeatedly. When they come for your savings we will hear you scream

@LNPvoterfail Governments are always bound to change direction on certain things as the economy or circumstances change. That's called governing. Great share ❤️

I don't give a fuck about broken promises anymore. Govts are elected to govern. If they backflip on something and we don't like it, vote against them next time. Stop this bullshit that a so-called 'promise' is more important than GOVERNING for the right reasons. #auspol

@FergussonB21209 @LNPvoterfail A full decade of a policy that people rejected at two elections and was categorically denied would be on the agenda. This was not a shifting winds which changed direction. They planned and outright lies repeatedly. When they come for your savings we will hear you scream

@LNPvoterfail @ironbark_axiom And nothing had actually changed. Property was slowing in value. Changes this significant was well planned before the last election. They ran on it twice and failed then lied about it to win. This was core Labor policy for almost a decade.

@ironbark_axiom Bullshit. The election was a year ago. Fuck off dickhead.

@angelar68197975 How desperate are Labor. The shills are here mass posting daily to propagate the lies

Anyone else tired of the LNP Cheer squad If press had done half their jobs, call out their inadequacies, maybe Liberals wouldn’t be in this desperate situation

@gmanviews @RW2023141 Why didn't house prices absolutely tank when CGT was implemented. That should have crushed prices vs wages

@RW2023141 Why did not the housing prices skyrocket prior to 1985 when there was zero CGT? Why did the graph not extend past 1999? How about you graph it against interest rates? This is just stupidity

This one chart is the only justification needed for the Budget’s changes to Capital Gains Tax Concesions for property. It corrects the massive error instigated by Howard and Costello.