@Alan_Noonan_10 has a good point. Should negative gearing be allowed on a holiday home, which is essentially a lifestyle expense rather than a pure investment. Using AirBnB etc. to rent out and offset the expense is just to subsidise the lifestyle. Setting 100% long term rental availability as the benchmark has merit.
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I mean, this one shouldnât have to be encoded into IR law.
I get there are some occupations (mine included) where this isnât feasible, but it is written into my contract, and there is compensation within the remuneration.
But otherwise, this should just be standard practice.
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big 4 consulting firm line managers about to become extinct
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clarksonohnoanyway.mp4
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well every other industry in this country died, so had to prop up construction somehow
and now shelter is a commodity, complete with high rating tv shows and large retailers glorifying it
well done everyone
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How dare you come in here with that logical, rational and acheiveable nonsense
I think being contacted outside work and legislation to ensure it doesnât happen is so heavy handed and an absolute unnecessary piece of legislation
Donât like being contacted after work? Turn your phone off an leave your laptop at work.
Easy fix. What a waste of parliamentâs time to even discuss this.
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No problem with going after the AirBnb folk who are making money off it but people should be allowed to have holiday homes for their own personal use even if itâs empty 11 months per year
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Itâs not prohibiting the contacting.
I think itâs just protecting workers from repercussions if they refuse to answer/respond/complete the task.
I donât think there is anything wrong with contacting someone outside hours if needed. But I equally think that coercing workers into doing things in personal time is a horrible practice, and workers should be empowered to say no.
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They already are.
Workplaces just need to be less â â â â â â .
They are only allowed to claim the interest to the extent that the property is available for rent on Airbnb, say 1/12months if that was the case.
The few people I know with airbnbs / shacks try and make it at least 50% availableâŚand in their circumstance, it likely wouldnt be available for tentants if airbnb didnt exist, and they may not have gone the path to buy it as well.
Also apparently there are a lot of people looking to downsize, but due to stamp duty costs, and selling costs and lack of suitable properties / tight market, a lot of people are choosing to stay in existing homes.
Hence the legislation
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Iâm sceptical that business actually even know or cares when the Fair Work Act gets updated or revised
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I share this scepticism. But without seeing the legislation, if the effect is anything like whatâs been in place in France and other European countries for some time (granted greater degree of sophistication and democratic gumption than Oz) then in time we might take it for granted that work stops when paid minutes stop, as it should. And bring on the 4 day farking week.
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which iâm sure theyâll do on their own if we just wait it out
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No one is stopping them having a holiday home for personal use, it is just they cannot offset the cost against income, just like you canât with your primary residence.
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Here is one reference. Iâve seen FIRB data referred to as a good source of truth, no idea how youâd access this information? Maybe Property Council Australia has a database?
My issue is that these sorts of protections already exist. The push to have further unnecessary legislation is being largely driven by the unions. Its very tokenistic in my view. If unions gave a â â â â theyâd be keeping workplaces to account under the current frameworks, but theyâre not. This is a easy tokenistic win for them, which in my view will be pretty if not absolutely inconsequential.
I guarantee all youâll see happen as a result of this is more employment contracts which specifically stipulate workers are required to be âon callâ for 5 hours each week, after work hours.
Or workplaces chucking tanties because workers arenât ready to work exactly at 9.00am on the dot.
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How has this not prompted further/any discussion?
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Yes, and there is no negative gearing on those houses at all.