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If you have the time watch the latest Press Club interview done with Matt Canavan it will be up on Youtube soon I think.......It was a cracker ! This guy would make a great Prime Minister. He is sensible and forward thinking and has some great ideas to launch this country forward. This should be made the Adrress to the Nation not like Mr Magoo's one
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I doubt even each way Albo and co would be silly enough to levy CGT on the suburban home block. It would be political suicide. Most of the country would vote for whichever party vowed to reverse it. It would be like banning beer and television (some would say that would be a good thing).
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People like myself get caught up in the CGT trap if we sell. I've owned my place for 38 years, principal place of residence only, no business ever run on the property. I'm just an age pensioner with the arse out of my pants but I would still be up for a minimum of $50,000 tax, possibly quite a lot more if I sold. When people talk about scrapping the 50% discount if you've owned the property more than 12 months, they think it's all rich investors involved. They are largely ignorant of the fact a lot of non rich ordinary people get caught in the net as well. People in glass houses are good at throwing stones but they'd squeal if they were no longer eligible for the CGT exemption on their suburban block. My big tax crime is that my block is bigger than two hectares and I bought it after 20th. September 1985. If you have more than two hectares, with the pension, you can get an asset test exemption if you've lived continuously on the property as principle residence for twenty years. They knocked me back on the first application due to me giving up work to look after my sick, elderly father for a while. I stayed at his place with him and gave centrelink that address for correspondence regarding the carer's pension I received. Because of that period, they used the angle that I didn't live at my place for twenty continuous years. I ended up putting in a stat dec saying I still considered my place principle residence during that period and gave evidence such as power and phone still connected, mail still delivered there and stuff like that. They ended up granting me a full pension, so fingers crossed they don't change their mind in the future.
- Today
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Threatening genocide is not the best way to win a Nobel peace prize.
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He threatened to wipe out a civilisation. This is the guy who demanded the Nobel Peace Prize!
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As it stands NOW the scene is a complete MESS. So Much damage that OIL supply will be a very Large ongoing issue EVEN if it stopped right Now. Nev
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Watching Sunrise this morning with closed captions. They referred to Shirvo (Matt Shirvington) as 'cherveau'.
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I wonder if that means that Trump immediately reimposes sanctions on Russian oil now. I think I know the answer.
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Keeping pace with inflation is not making a profit. It means not falling behind.
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He's backed down again, saying he'll hold off for 2 weeks while he negotiates through Pakistan, It's supposed to be a double sided ceasefire.
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Thay would be totally unfair. When you are in it for profit you have the Opportunity to write off all costs. That change should NOT operate retrospectively. Nev
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Let's talk about Artificial Intelligence
nomadpete replied to old man emu's topic in Science and Technology
Globalisation works in mysterious ways. -
I am helping my mother-in-law into a nursing home. We are struggling to rearrange her "wealth" to provide aged care (dementia) in a manner that the funds from sale of her home will last her life out. And that is with the present CGT rules. I object to people blaming the oldies for the present housing crisis. When an average person has struggled to pay off a home with tax paid worker's income why do they have to pay tax on the sale of the home? It may look like a profit but it isn't enough to buy an equivalent home at today's prices. So there is no real 'profit'. Even though the numbers of the cheque are massively bigger. As for redistributing this ficticious wealth, my mother-in-law's estate won't pass on enough for any of the younger generation to even put a deposit on their home. The bank of mum and dad (in this case of grandma), is empty. However, owners of multiple properties are investors, and should pay tax on those financial gains.
- Yesterday
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The only similar experience I've had was not with the Greens, but with our local environment council which is an independent organisation. Back before the tree clearing laws came in, a landowner near me with a 20 acre block on the side of a hill got a dozer and cleared the lot, then got an excavator to terrace the whole block like rice paddies. It looked awful, like a giant rock quarry and could be seen for miles. Probably the worst eyesore I've ever seen in the district. I decided to let the environment council know without naming names, just to inform them of the type of thing the shire council was approving. I thought it might be in their interest. They were barely interested, and all they seemed interested in was shoving brochures and membership application forms in my face. I walked out of there fairly disgusted that all they seemed to want was membership money. I think it was probably individual staff on the day to blame rather than the whole organisation.
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Same cynical comment from my late dad. He was on the big guns around there. He said the American warships arrived, pounded the island with heavy fire from a safe distance until there wasn't a palm tree standing, then ping off and send the Aussies in to "mop up". Then the Japanese would come out and the real combat started.
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But only when he holds all the cards
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Despite initially rejecting the 10 point peace plan - under pressure from Pakistani negotiators, Trump has declared a 2 week cessation of bombing of Iran, which is one of the primary requests from the negotiators. In addition, the Iranian Govt called on Iranian civilians to form large human shields around important infrastructure. As a result human shields appeared around a major Iranian power plant, and several important Iranian bridges - all of which infuriated Trump, and which move has perhaps made him change his mind about "bombing Iran back into the Stone Age". The Iranians still see the bombing of Iran as "Zionist agression", and America as the puppet of Netanyahu.
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Be about now wouldn't it that the Yanks should be carrying out Chumps threat . Gonna be interesting see how far all that goes today.
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I am concerned about losing the CGT relief for primary home owners.
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Fine. A nice step, but only a little step. When do you think they will address the big players who offshore their profits to avoid tax? A few billion recovered there would help Australia's bottom line.
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Firstly, TDS is certainly a thing to worry about. Observing the derangement of trump should be a warning to us all. Yeah I do know the intended meaning of TDS.... but the yanks were seldom good at irony. It would be clearer if they put the apostrophy after the middle word, but the yanks don't do proper grammar either. The positive side of watching 'Good Ole USA' going down it's own self made gurgler, is that we have the option of learning from it. The lesson goes way beyond "Don't put a raving nutcase in charge of the place!". Our leaders SHOULD be taking notes on how badly certain policies can turn out. Are they watching the cause and effect of eash fiasco in the american clown show? It should make it easier for our political observers to work out smarter ways to run our own country. Sadly (In my opinion) we are following too closely behind USA instead of steering clear of the biggest sinhle cause of government erosion. The rise of the oligarcs - the ones with obscene wealth. The ones who can and do buy and sell just about every politicion and policy with their small change. The ones who fund 'Super Pacs' etc. The politicians (not just their party leaders) do not sing to the tune of the majority of the populace. There is no point in saying 'Oh but there are some pollies with ethics', unless the majority have ethics, the political system is owned by the big players. So, my challenge to you is this..... what would you propose to change this ? Cos I have no effin idea.
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Jerry I appreciate that and yes that is called having a opinion on both of our points of view and being able to accept that rite now days seems to be something that the left doesnt believe we should have
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Albo has never held a real Job, always was a labor lackey, so what he lived in social housing and his Mum was a single parent, this did not set him up to be the prime minister of this great country, many of us emigrant(i came here 56 years ago), when you could walk to a new job the next day if you didnt like it always was more jobs than workers, then came the labor /socialist party to power ,downhill we all went , rents went up, morgage went up, fuel went up, labor spend like there is no tomorrow,taxes go up,yada yada yada, why do we as a nation keep voting these no talent pollies (on both sides) to power, we are not all fools, is it because the 2 party system splits us into different sides, the greens are a waste of taxpayers money to pay them, indepentants never achieve much at all ,One Nation seems to attract some strange people (but i do like the sentiments they espouse). we need strong politicians that see that our back is now up against the wall and take strong measures to counter this, relying on asia for our fuel is stupid, asians think we are all racist in Aus, they can bring us to our knees anytime they want, we as a country cannot survive without fuel and forget going full solar it is not ideal for the vastness of our great country, immigration should be stopped completely we are full up . As a country we need to go fully independant for our safety and advancement, yes i think we should go slightly isolationist for a while bring us back to a even keel, I am in the last years of my life , so wont see changes but i hope my kids and grandkids do
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Definately agree that we need politician that have done other stuff except politics
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I may be thick, but I genuinely don't get what you are saying. How does all humans being equal equate to being pro-Palestinian? Believing they are unfairly treated by the Israelis is one thing (whether that is true or not - I can no longer be arsed getting into that argument), but being pro-Palestinian because all humans are equal sort of ignores the horrible inequities in Palestinian controlled areas (Gaza and Ramallah) - as well as other Arabic or Islamic nations - I dunno, like Iraq, Kuwait, Saudi, Iran, Afghaistan, many ogf the other 'Stans, and the like. Unless killing gays because they are gay, or beating your wife legally and even being instructed on how to do it, legal honour killings, discrtimination against far east labourers, slavery, etc is treating everyone equally. You know - like in Israel whihc has the largest - because the only gay pride; where foreign workers are treated the same as local, where Palestinian citrizes have the same rights and one was even the previous deputy PM, and there have been Palesitnian cheif jidges of the Israeli high court. Where women are eqqual and marital rape, wife beating, etc is against the law. Where even a soldier will be held to account for killing a Palestinian terrorst after they have injured aoir killed other Israeli soldiers. Where before 7 October, Israel provided necessary medical care to Gazans and Ramallans despite there being lots of hospitals in those two areas - some hopefully withoput weapons cahces under them. Where Israel provided Gazan with the water supply (and still do) despite Hamas firing rockets at them almost daily. Where many Gazans used to work in Israel with the same rights and conditions as Israelis and could move about freely (they were justifiably searched oin their way into Israel because of the risk of them wearing bombs). Hang on.. Where is their vocal opposition to Russia that does commit war crimes on a daily basis, targetting civilian infrastructure? Where is their vocal oppostiion to the many wars and conflicts in the middle east that don't involve Israel? I can't recall much more than a scant reference to Iran, and even then it was more about the illegal Chump/Net war and not the 30,00+ civilians killed (although this could be because the newspapers and the ABC don;'t gibve them much coverage). Then, yeah. good on the Greens for sticking with their morals. Give them a clap. They're just being perfect and it's not anti-semitism at all. Shame though, because most of heir policies, if implemented properly, seem pretty good. Would I vote for them despite the above? Actually, probably, because thankfully in the incredibly unlikely event they got in, they cold probably block exports and imports to/from Israel. I don't think wither country would lose sleep over it. Given it is unlikely they would get in, the additional primnarly vote would hopefully send a message to the majors to lift their game in the other areas.
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