The irony being that if she or her ilk ever get near power on their anti-migrant, anti-refugee platform then they will create an entire nation of them.
If you don’t want to know, Vote ON. Pissweak, cowardly and dumb. The lucky Cuntry.
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Yikes…
The average Australian household has less to spend now than when Labor took power in 2022. Even more alarming when you look at other comparable nations on par with Australia economically.
Doing more for the battlers - yeah, right. No wonder people have had enough.
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Interesting that the graph starts at 2022.
I think a lot was going on then like end of covid, doubled social payments etc.
What does it look like more recently? I’m guessing not great but surely better than at our absolute peak
There was a quote - nietchze?
If you feel like someone ruined your life, you’re right. It’s you.
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Maybe this is why people are parking their vote with ON 
interesting take.
so with increased CGT, possibly means we will become more foreign owned quicker.
If limited CGT changes to property only it would make more sense.
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Nothing but racism dressed up as stats!
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Is this from Facebook?
can you please explain this, why are foreigners paying no tax, on $100 of what?
Is the interesting part that it’s mostly a lie?
If you’re chasing increased taxes on Foreign owned shares, how about we start with taxing our large corporations properly. You know… proper MRRT/export taxes, Super Profits taxes, and close loopholes on profit shifting/interparty related transactions.
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It’s using the CGT exemption for Foreign Tax residents on non-TAP (non-property/land) investments as 1 basis, claiming it applies to everything. Ignoring any tax paid in home country, and also claiming that every Australian investor has to settle their CGT position annually at the highest marginal tax rate (destroying our compounding but not the “evil Foreigners").
It’s a blatantly gross misrepresentation.
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I think the real number will end up under 15% . if that
Thank you.
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Some nice assumptions there:
- 9% real return! Nice! Aus stock market (which this is primarily about, given restrictions on land/strategic assets etc) capital growth has been close to zero, real, for the last five years.
- no dividends are paid (surely that is illegal in ‘Straya!). Note that only the Australian holders get the tax benefit of franking, and a percent or so of bonus annual growth compounds very nicely.
- everyone sells and re-buys their holdings at least once a year!
- everyone is earning >190K!
- I’m not going to attest to individual countries, but the zero tax rate on foreigners (by both Australia and their native country) is perhaps not factual.
- starting point is not 50/50 ownership, though it’s not a total lie – it’s ~40% overseas-owned. Given the relative Australian and rest-of-first-world-investing population, it’s not massively weird. The USA has ~12 times our population and they’ve “lost” ~20% of their stocks to foreigners.
- probably more I didn’t instantly spot…
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This period of politics feels a lot like covid times
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Yeah @Donslaught…’cos your girl Pauline is such a strong supporter of “the battlers”
Oh…and you must have missed my question from yesterday…I’ll quote it here for you so that you can respond
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Yes and PH has a horrible record.
Another one of her maasive faults, yet both majors are STILL bleeding potential votes to her.
idk scotty, you’re talking like unrealised profits are realised profits. until the vote happens its just speculation. the doldrums of this rhetoric is amazing, not much posting for a while then all of a sudden you get donslaught H_D lawry, dmapes just pop up posting all this unsourced ■■■■, that gets called out as racist and misleading and you’re like, heck yeah not all ON voters are like that.
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Not really, im saying its not as simple as that and as long as the majors especially the one in government ignore that, they’ll continue to watch ON get stronger.
When the ON vote was at 5% from racist redneck ■■■■■■■■, sure 100% agree. Where’s the other 25% coming from?