It’s cosmetic, though. They grandfathered everyone already on it, and just limited the rest, it’s not enough to make any changes. They haven’t touched capital gains. They’re destroying ndis, that’ll be another robodebt, and will and is causing deaths. Following everything the US tells us to do, alienating everyone currently against the illegal attacks, and literal war crimes going on. We can look back now and see Howard was committing war crimes along side US. Things haven’t changed. Just the more central party has become hard right wing. They’re not doing anything of note to make any effect, sadly. I could probably help you find some better reporting on it, than the main stream stuff, if you need?
It seems like it will… eventually… stop the market growing like a safe asset.
Doubt they actually want costs going down, but should at least allow people to catch up, or maybe the next generation.
NDIS is interesting, they have been rooting out a lot of corruption recently, I thought the cost was just scaling down with that.
https://www.ndis.gov.au/news/media-releases
Ah I see, I’ve heard of the Grandfathering, I didn’t think that meant they could continue to negative gear their stuff for the rest of their lives, shouldn’t it cut out at some point?
I do mostly only listen to mainstream media, but from different political spectrums. I listen to The Guardian, Reuters, ABC News and Sky News
Where else can you get News that’s actually trustworthy? I don’t care for the Alex Jones/Destiny/Friendlyjordies/Punters politics types where I just have to trust that some guy has done all the necessary research and fact checking to trust them.
The idea is that people have built their retirement using these policies and given so much time has passed with them in place, its unlikely they’d have many working years left to change strategies. So the cut out is literally their death.
I enjoy the articles at https://michaelwest.com.au/ The editor was an ex-mainstream (I wanna say SMH?) journalist. I like them because they are quite evidence based. They have YouTube too but that is mostly just opinions going over the articles they have published.
https://independentaustralia.net/ seem to have a good repetition, but I personally don’t tend to find many articles that interest me.
And before that use a carrot to incentivise developers to make the majority of their income on the supply side so this stick wouldn’t have them yelling like the times before.
That’s privatising the housing system, which will raise prices, though. The only way out of the mess we’re in, is building adequate supply of public housing, to compete and push down the prices of the private property market. To achieve affordable stock.
I can see how that is basically privatising of the public housing system, otherwise it’s just a handout from what I can tell.
I mean in the mainstream media the people who are listening are already hearing “This is terrible, this won’t affect me now I’ve had enough, but I feel for the other that need this “investing” crutch”.
Now imagine how much sway they would have if it did affect them.
Instead of boiling the frog slowly, it’s turning down the heat slowly.
You didn’t hear about them scrapping negative gearing and reducing the capital gains discount? Pretty big
He’s done more to make it worse than those changes will fix.
It’s cosmetic, though. They grandfathered everyone already on it, and just limited the rest, it’s not enough to make any changes. They haven’t touched capital gains. They’re destroying ndis, that’ll be another robodebt, and will and is causing deaths. Following everything the US tells us to do, alienating everyone currently against the illegal attacks, and literal war crimes going on. We can look back now and see Howard was committing war crimes along side US. Things haven’t changed. Just the more central party has become hard right wing. They’re not doing anything of note to make any effect, sadly. I could probably help you find some better reporting on it, than the main stream stuff, if you need?
It seems like it will… eventually… stop the market growing like a safe asset. Doubt they actually want costs going down, but should at least allow people to catch up, or maybe the next generation.
NDIS is interesting, they have been rooting out a lot of corruption recently, I thought the cost was just scaling down with that. https://www.ndis.gov.au/news/media-releases
Ah I see, I’ve heard of the Grandfathering, I didn’t think that meant they could continue to negative gear their stuff for the rest of their lives, shouldn’t it cut out at some point?
I do mostly only listen to mainstream media, but from different political spectrums. I listen to The Guardian, Reuters, ABC News and Sky News
Where else can you get News that’s actually trustworthy? I don’t care for the Alex Jones/Destiny/Friendlyjordies/Punters politics types where I just have to trust that some guy has done all the necessary research and fact checking to trust them.
The idea is that people have built their retirement using these policies and given so much time has passed with them in place, its unlikely they’d have many working years left to change strategies. So the cut out is literally their death.
I enjoy the articles at https://michaelwest.com.au/ The editor was an ex-mainstream (I wanna say SMH?) journalist. I like them because they are quite evidence based. They have YouTube too but that is mostly just opinions going over the articles they have published.
https://independentaustralia.net/ seem to have a good repetition, but I personally don’t tend to find many articles that interest me.
And before that use a carrot to incentivise developers to make the majority of their income on the supply side so this stick wouldn’t have them yelling like the times before.
That’s privatising the housing system, which will raise prices, though. The only way out of the mess we’re in, is building adequate supply of public housing, to compete and push down the prices of the private property market. To achieve affordable stock.
I can see how that is basically privatising of the public housing system, otherwise it’s just a handout from what I can tell. I mean in the mainstream media the people who are listening are already hearing “This is terrible, this won’t affect me now I’ve had enough, but I feel for the other that need this “investing” crutch”. Now imagine how much sway they would have if it did affect them. Instead of boiling the frog slowly, it’s turning down the heat slowly.