Intergenerational Report and tax reform with Independent MP Allegra Spender | Insiders | ABC News
ฝัง
- เผยแพร่เมื่อ 9 ต.ค. 2024
- The Intergenerational Report makes the case for policy bravery and the government argues it’s on the case with its climate and energy reforms, efforts to foster new industries and up-skilling the workforce.
But embarking on a sweeping tax reform process any time soon is considered one political challenge too many.
There’s a referendum around the corner and a cost-of-living crisis still unfolding.
The Prime Minister wants to lead a long-term government and knows Peter Dutton has already sought to weaponise even modest tax changes.
David Speers interviews Independent MP for Wentworth, Allegra Spender. Laura Tingle, Jacob Greber and Sean Kelly discuss the issues of the week. Mike Bowers talks the week in pictures with Cathy Wilcox.
Subscribe: ab.co/3yqPOZ5
ABC News In-depth takes you deeper on the big stories, with long-form journalism from Four Corners, Foreign Correspondent, Australian Story, Planet America and more, and explainers from ABC News Video Lab.
Watch more ABC News content ad-free on ABC iview: ab.co/2OB7Mk1
For more from ABC News, click here: ab.co/2kxYCZY
Get breaking news and livestreams from our ABC News channel: / newsonabc
Like ABC News on Facebook: / abcnews.au
Follow ABC News on Instagram: / abcnews_au
Follow ABC News on Twitter: / abcnews
Note: In most cases, our captions are auto-generated.
#ABCNewsIndepth #ABCNewsAustralia
In Australia, there are two types of taxation: 1. those who should pay more don't pay any; 2. those who do pay tax pay too much.
I thought there was just one type of Australian. Those who want more and more tax cuts while wanting more and more services.
Yet here we are, not willing to cancel the ridiculous stage 3 tax cuts.
Hello Insiders. Last week you put tabs on the loading bar and it was very useful to navigate. If you could please continue to do this that would be great. Thanks.
For some reason we are always talking about tax, IR, wages, productivity but never about setting up industries that actually do something. The reason why GDP and profitability is low is because, once you remove all the income from mining, we don’t invent anything or build anything and that’s because we have no serious long term plan. Compare that to what’s been achieved in China over the last 40 years when the government was smart enough to identify all the key technologies the world needed and setup the worlds best facilities to build them, whilst at the same time educating their population to be experts in these key fields and to be the ones that invent the IP so they can be the leaders for the next generation of each technology. All our young people are aiming to be is TikTok influencers and gamers. This type of vision takes years to create and years to lose but we have definitely lost it. You can’t setup the workforce or import skilled migrants when you don’t have any places for them to work or long term funding to solve hard problems. Riding a bicycle for Uber in the cbd when you claim to be an engineer is not how the skilled migration program is meant to work.
We keep talking about those things because we haven't taught economics, history or politics in schools for the last 25 years. The West set out to exploit cheap labour in countries such as China, amongst others, in order to secure higher profits for shareholders. It worked brilliantly, for a time. What they didn't factor in was that without being able to compete against such countries with our own industry, we would ultimately become price takers rather than price makers. Neither did the West figure in the social impact of both a narrowing economy and a narrowing skill set. Of course, this has had a significant impact of productivity which would be reflected in the GDP if Western nations weren't so hell bent on using mass immigration as a tool to blur the horrendous figures. Most Western nations would have been in continuous economic decline for the last two decades if not for immigration.
And it isn't immigration that is fixing the problem, it's immigration that is hiding the problem.
Ssshhhh, you need to keep that bit quiet. I watched the Simpson's episode on the monorail, that explained what we are doing
great sense spoken here! 👏
The important two cents I’ll add is that we have an aging population that is unhealthier than ever due to our poor health culture, environments, car-centric urban design, sedentary lifestyles, dopamine addiction and stress (systems level problem).
I compare this to the ‘Blue Zones’ of Okinawan Japan who have highly life expectancy & far lower healthcare costs.
We must make real investment in our health, our education and human capital.
Examples: Denmark, Finland, Singapore
We can’t rely on pure migration for productivity, as 1-2 generations after the migration happens, the younger generations lose motivation and fall back into our culture and system.
Peace ✌️
@@davidbrayshaw3529 you’re right and I think most of those decisions come from the racism/assumption Asians were too dumb to actually do anything when in fact many have shown they can when just given some money. Indonesias economy is booming and it’s cbd and malls make ours look like cattle sheds but we cover our eyes and pretend we’re number one
It's worse than that you know how Thales Australia (A subsidiary of Thales France), Raytheon, Boeing etc have a monopoly on our defence industry? Well think that through to its logical conclusion. I am born in Australia, the country pays for my healthcare, my education, the entire cost of raising me is paid for by Australia. Then I take out a HECS debt and study engineering again at Australia's expense and now I am a fully qualified weapons engineer 100% Australian paid for and made. Then my only option is to go work for a foreign firm contracting in Australia. You see that's how our leaders betrayed us - they took kickbacks and favours - so now no matter how good any Australians invention is, our taxpayer funds will pay for our people to develop ideas for foreigners, who then sell our own ideas back to us.
Whoever did this committed Treason don't you think?
There are 2 levels of tax in Australia
1. Those who should pay more tax don't pay any
2. Those who do pay tax pay too much
I couldn't agree with you more, and I'm not exactly some poor struggling bum. Most of the "loopholes" available to and exploited by the better heeled, you probably don't even know about. For example, were you aware that real estate held in a superannuation fund is capital gains exempt? That's a beauty, isn't it. Then there are other wonderful exemptions for
those with a few extra dollars such as tax concessions on voluntary super contributions. Then there are the concessions on the earnings within that fund.
Top tip: Start your own SMF and pump it hard (if you can afford to!)
Then there is the issue of the regressive nature of consumption taxes such as GST, stamp duties and excise.
I'm not in the "eat the rich" club. And I don't want to pay anymore tax than I do. Last year's return was eye watering. But I, and many others, might just need to suck that up for the sake of a fairer and more equitable tax system and one which is more beneficial to the wider economy.
Who are those?
Also, can you tell which demographic pays the most income tax in the country?
@@emcats84the pressure should always be on the ones who earn more, regardless of their size on the tax pie. They benefit the most from society already and will still live in comfort. Ppl who earn less are tired and poor, if not on the verge of misery.
@@tiagospires Do you not know how our tax system is structured? Which income earners pay the most tax?
@@emcats84 High wage earners mate. But the whole point is that the most wealthy in our society aren't building that wealth via wages. The tax system should be updated to reflect this.
Tax large business on turnover or growth They are the leaners in this economy
Middle panelist said that tax could be a deterrent to skilled migrants. Could the same argument be made for weak IR laws?
Probably not. Many don't have lived experience IR laws. Most Australians, for that matter, understand them, and we pay a price for that.
The silent depression is real for the youth. 😢 Boomers own everything.
As @chrisi4364 said everyone under 40 is being screwed why are we slaving for these people? Literally every male of combat age in this society is getting shafted - there is no one doing this to us but ourselves
@@thomasc9370 Mate, we are not even on the back end of the bell curve for peak retirement. Australia is in TROUBLE. Yet we export out wealth like it’s a space race to acquire a greater population to lift all home owning tides and garner a ethnic shatter belt in case of war and make for a cheaper slave. Lol. The only way to make this known is to speak up with friends and family. Be vocal.
Nobody lives forever. "Boomers own everything" is already resolving itself and the pace will pick up over the next 10 years.
Good to see a chat about something relevant to all us sub 40 yo Aussies. We’re getting a bit of a raw deal. Way better than those poor Italian and Greek kids have had it in the past 15 years but nevertheless, bit of a rort and we’re smart enough to know it.
Ha try being Gen x.
@shiraz1736 "Look I am/was worse off than you" doesn't invalidate other people's struggles mate.
I seriously don't get the competition to be the generation that "Has/Has had it worst"
We're all just people in the same boat together so I think collectively we should probably plug the holes in it rather than argue about who's sinking the most.
@@Silver_Lloyd We didn’t have it worst I think we were the generation that in the end just couldn’t give a f$&k tbh. Our vote was completely pointless from the first time I could vote. They all had policy’s that favoured the boomers and pensioners and it’s only just starting to change a bit.
@@Silver_Lloyd lol fair call. The issues in our tax system have held access to some of the essentials back from people of all ages. Not really hard to get right, just don’t kick people while they are down through the tax, super and employment systems. I guess everyone comes across a bad run at some point. Gen Xers too it seems!
Hey man if every male of combat age in our society is getting a raw deal why don't we just say no? Any cop or soldier who isn't an officer signing deals at the expense of us all in exchange for a cushy job overseas after they're done won't shoot their neighbours for these people. There is no reason to let this go on any longer
Thank you Chalmers. We need more responsible adults in a world where no one wants to grow up, Where every body feels entitled to everything everyone else worked hard to build....
The government needs to cut spending. Especially the ABC budget.
Peter Costello started it, oh the Irony.
Love this show
problem with a democratic system is everyone gets their 2 cents and nothing gets done. Government is too worried about whether they will stay in power, which means pleasing everybody, more conversations, more meetings, more consulting, everything except more doing and more productivity for anything tangible.
Get rid of negative gearing.
The top 5% of individual tax payers account for 34.5% of the tax take in Australia. The bottom 50% account for only 11.6% of the tax take (AFR, June 2023). This is completely unsustainable.
Thanks for the data which clearly shows the problem in Australia is the growing income gap between the top and the bottom... Agree this is completely unsustainable...
@@ponzitizen Thats not what the data shows. It shows there is a productivity and effectiveness gap. What you don't realise is the high income earners and business owners are declining to stay in the workforce and develop businesses, why would they when it can be argued that 50% of Australians aren't being effective.
@@VK6AB- majority of Australians are workers the way it should be as who's going to work for the businesses if everyone became a successful entrepreneur... Besides the issue is not with those who have succeeded in setting up their own business and pay wages under the Fair Work Act... The issue is with those that are dependent on immigrants for low wages and the fact that the gap between the top and the bottom is widening at corporate levels as well looking at CEO'$ packages vs median workers ratio increase just over the last 10 years to see how ridiculous it is... There is a reason why people are now talking about the disappearing middle class instead of the top %'s...
@@ponzitizen The ASX 200 has 200 CEOs, the population of Australia is 26,000,000. There has to be incentive to accept the liability of a major business. If you over tax people you take away incentive, kill motivation and the IP is sold elsewhere e.g. US. In terms of workers theres a vast gulf between public sector and private sector effective contributions.
@@VK6AB- How many people in the top 5%...Look as we are talking about income taxes, the fact is you won't pay so much tax if you are not earning multiples of the general population... Channel 7 just posted a video on burnout perhaps you can watch what the middle class is up to...
What sort of advice can we expect from a Spender, other than increased spending?
yes, tax the rich. tax them harshly and repeatably.
Yeah, but they booted Kevid Rudd when he wanted to do that.
What's rich?
@@davidbrayshaw3529 "rich" = anyone who has $1 more than I do
Calm down, comrade.
Can you tell me which demographic pays the highest income tax?
personally id say anyone with over 50 million @@davidbrayshaw3529
Tax reform needs to be debated, as it affects all our lives. Comments about changes to stamp duty being replaced by land tax improving home ownership by 7% have not been thought through, debated or even questioned adequately. If you want to increase home ownership i.e. first home buyer then get rid of stamp duty for first home buyers. Introducing a land tax makes home ownership worse for everyone every year and drives up the cost of rentals. These are known negative outcomes of land tax.
Does Allegra realise she represents people not businesses?
woffle....woffle....woffle and your taxes are increasing
good
We haven’t invested in Human Capital, too much dependence on mining, and virtually zero investment in STEM industries, manufacturing etc
Wrong question. They should be bolder on cutting costs.
Everywhere should have a flat tax.
We could solve a bunch of the issues flagged by the intergenerational report by dropping the tobacco excise.
Yes tax system needs reform
Productivity boost... Funny how this does not apply to those milking taxpayers...
Why don't we get the full episode?
What's with the impilied Commonwealth bank advertising?
Tax is so aggressive over the next 5 years I'm planning to reduce taxable output and focus on lifestyle as there is so much more to life then working over 40 hour aweek and paying taxes
TO SUGGEST DROPPING STAGE 3 CUTS NOW WOULD INCREASE THE BURDEN ON FUTURE GENERATIONS IS ONE OF THE STUPIEST THING EVER SPOKEN BY MAN. OBVIOSLY A BIG BUSINESS LOBBIEST.
TO TAX NOW THOSE THAT WILL BE A BURDEN ON THE PURSE LATER CAN ONLY HELP THE BALLANCE!
FFS!!!
Capital gains from recent personal experience has a problem but not the one you may be thinking. Happy to pay a fair share of tax but how can one asset have two different current valuations?. The annual tax on my land holding was based on a Land Assessment Notice even if the property produced very little income. This was financially not viable and the only resolution was to sell. Land valuation for the annual tax was very high, much higher than recent sales and maximised this tax. When the property was sold, land valuation was extremely low, much lower than recent sales which maximised land tax. The result was a net loss for my investment. This was an affordable housing investment that was taxed out of existence.
Tax the multinationals properly, tax those over 400k properly, have the government invest and co-own a range of utilities, investments, and housing. The government needs more income streams, simple. Get rid of the 250 billion tax cuts, they are a disgrace. I have to wonder whether under the guise of attracting higher skilled migrants, and increasing 'productivity' we will see the majority of immigration reinforcing low wages in the early childhood and aged care sector, and we kick the disparity can once more down the road.
Who a multi national, franchise are Mom & pop owners
Pilot light? Don't mock it. It's what keeps everything going! And everyone panics when it goes out.
Productivity gains are tied directly to value added activities like manufacturing, refining raw commodities in country. too many politicians talking at 400k/year while producing zero actions and outcomes
I dont waana pay for old people, sick of it
Maybe they should be bolder on cutting government spending.
Labor has done a lot already, and produced a large surplus in its first year in office- something the Libs didnt achieved in 9 years. The smallest Govt sector (and taxation) as a percentage of GDP in recent times was under Gillard....
the only thing that has gotten the world out of the last few recessions/ crisis IS GOVERNMENT SPENDING...... when ever they try to spray money and incentives at Business for TRICKLE down economics you know what happens.... the world gets worse and Super rich get another Super Yacht...
They tried to get GDP growth above 2% for 25 years with TRICKLE down economics and it did not work. Australia led the way with govt handouts for the GFC and we were the only Country to avoid it.... then came the Pandemic in 2020 and all the govts around the world spent like drunken sailors (Including the USA going mad) and then we get massive over-Inflation cos they finally got what works and they did it too much.....
Its vary worrying when our leaders don't have a clue. I guess there best solution is continue to increase the size of government and pay for it from companies and individuals who work in the private sector bringing money into the economy. They say if you keep doing the same thing but expect a different outcome, is the definition of insanity. I always like to offer solutions instead of just complain, so my suggestion reduce road infrastructure costs (maintenance for more roads increases over generations) build higher and cheaper housing. Stop offering handouts to property investors, industry protectionism from foreign nations. Government price controlled university education and day care. These are just a few simple ideas but the government does not care about tax payer futures.
Problem is we have a banking lead economy….. until you fix that influence on policy and both major parties then nothing will happen with housing….
That’s the only thing I agree with the Noalition about. Nuclear.
they never once make mention of the rate of change in technology .. so basically .. starting from 2000, we will see 100 years of technological research by 2030, 200 years by 2033 .. etc. so making predictions about 2050 or 2060 .. is ludicrous .. just saying
Increase productivity. How long will we survive on Immigration and mining? Even Countries like India are trying hard and spending big to convince Microchip Giants to start manufacturing in their country. Why can't we think in that direction??
If Labor doesn't solve the housing problem they won't be in government!
Labor took a raft of policies to the 2019 election to help solve housing unaffordability...and the voters rejected them...
@@garrywallace1007 did they, I think the voters rejected for a start being told if you don't like it don't vote for us. Labor thought they would win because they weren't the LNP, a bit like Fraser calling an election because Bill Hayden was in a crisis as opposition leader.
If Labor keep on the same path, I for 1 will be working to bring them down and I have been staunch Labor since my first vote, that was for Whitlam!
@@garrywallace1007 actually I think it was franking credits the lost that election as well as a general discussion like of Bill Shorten
@@gregsutton6258 voting labor & green equal more renters not home ownership
Rubbish. Who's your third party candidate?
Greens and independents. A two party system is divisive and conservative
Money hasn't been the issue in education? Give me a break. Government schools and teachers are critically underfunded, under resourced, and not geared to best practice as a result. Funding to private schools needs to end. Education should be a central pillar of society from early childhood all the way through higher ed
You're young. It used to be a central pillar of Australian society. Both the Keating Government and the Howard Government saw it as a commodity to be traded, like coal or iron ore.
@@davidbrayshaw3529 not that young,, to not remember it was under Gough.
I was born, just, but I don't remember it. He was the bloke that came up with the idea that tertiary education should be paid for by the state, wasn't he?
@@locuus7
On the issue of Boomers verses Millennials why does no one ever mention the magic of compound interest? During the property boom of the late 80's many Gen Xers and Boomers felt like Millenials and Gen Zers do now. That we would never get into the property market but by spending less than one earns and investing the rest wisely you eventually get to build wealth and the magic of compound interest takes care of the rest. You have to be disciplined to achieve it but it is very doable even if you are only putting a small amount away each week. Little and often is a fool proof way to build wealth and anyone can do it if they have the discipline. It does not need to be invested in real estate to get wealthy either. History shows that over the long term equities ( even just investing in a quality index where you don't stock pick) can create more wealth than real estate if you are patient. Also Millennials can't expect to start at the level their parents and grandparents are at now. This wealth has taken multiple decades to create with all the black swans thrown in where people have lost the lot. And don't get me started on 18%+ interest rates. We started in rented bedsits and unrenovated hovels with absolutely nothing except aspiration and determination. This great country, hard work and the magic of compound interest did the rest
Stamp duty isn't driving the price rises though. It's a red herring appealing to rich people.
It mightn't be driving the problem, but when you look at it in isolation, it's a significant cost. If you spend half a million dollars on an apartment, just imagine, for the next ten years, you're basically handing the state government $50 Au. every week, just for stamp duty.
@@davidbrayshaw3529 and removal of stamp duty still isn't going to make housing affordable. The whole market is distorted and nothing but a crash will fix it at which point housing will fall back below the thresholds that you point out are adding "significant cost"
No, it isn't. Cutting immigration will make housing affordable. @@darth3pio
@@davidbrayshaw3529 how? If prices are elevated then they will stay elevated.
Supply and demand. Too much demand, prices increase, not enough, they fall. Too much supply, prices fall, not enough, prices increase. This is basic economics
The only way to temper prices in the housing sector is to either increase supply or to reduce demand. All this talk of axing negative gearing and scrapping B&B's etc. is just smoke and mirrors designed to hide the bigger issue. Australia now relies on housing as a primary driver of the economy. It's what's replaced manufacturing. It's a direct employer of more than 10% of the workforce and an indirect employer of even more. People borrow against the equity in their homes and spend the money that they borrow "cheap", elsewhere. Three tiers of government lunch on the taxes generated and the banks make a killing.
If you think that any government is going to really address housing affordability, you're kidding yourself. If they were going to do that, immigration would have been reduced years ago. But if you think that housing affordability is a problem, just wait for the next drought. That will put housing affordability right to the back of the paper. We'll have bigger and better headlines then. I remember the last one, and there were a fifth less mouths to feed, then.@@darth3pio
What about affordable housing, affordable food affordable fuel? That the basics of any society? Tax the rich - 60% tax like in the 1960s. Worked well I hear. As for Ms Spender - she doesn't seem to have a coherent platform is she pro low income earner or pro middle income or pro rich? Or is she all of the above pro? International Students taking up low cost rentals!!! Universities need to look after students accommodation on campus grounds not take from citizens. Citizens are second class now.
Who rich? Franchise & independant owners aren't why they can't absorb the costs . Aldi & iga a franchise owned and same price as Coles & wollworrhs
@@coopsnz1 corporations and millionaires and up? We are no longer the lucky country if those disadvantaged are being pushed onto the street with the increasing prices of everything. gotta tax the rich more so that the poor can survive this difficult year.
The housing reform segment of this interview is also VERY funny because the Greens have better ideas for how to fix the housing issue supply side as well as on renter's rights so labour just takes the L on that issue overall
- $top the tax incentives on multiple properties (especially the politicians who should not be taxed in the first place to avoid conflicts of interest on such policies). Instead you could put those paying off their first home on lower tax bracket (20-25%) to ensure supply of homes continues to meet demand in a healthy manner.
- More resources to the ATO to identify toxic businesses rorting the tax system.
- Companies with over 10% foreign ownership pay higher taxes as there should be a premium and not an incentive to do business in one of the safest places on earth (Don't care if it's Qantas)...
*Most importantly the government spending needs to be minimised and not used like a limitless credit card...*
Above would surely make me feel better about paying taxes instead of seeing the investors with over 5 trillion sitting in money markets alone getting richer while people are looking down the barrel of unaffordable housing, higher cost of living and taxes...
The reason why there's a housing crisis is because private individuals don't want to be landlords - why because there is no incentive to invest a large amount of capital into a house that doesn't provide a return.
@@VK6AB-
Those who have access to capital can buy limitless amount of investment property and receive tax incentives, however, even though these properties receive tax incentives the greedy landlord's recover *all* increase in costs from the renters driving up rents... Effectively reducing risk exposure to zero of the back of taxpayers and renters... Something you can't do with any other investment.
High immigration, Airbnb's, local and foreign investors have a net increase in demand for available housing...
For this reason, there's a housing crisis as supply will always trail behind demand... Need to ensure the system is fairer for first home buyers as the current choices for most are being a renter or debt slave for life...
Straight facts if we banned charging rent on a house you didn't pay to build that'd fix everything. Allowing speculative investments on existing stock encourages capital to hoover up existing supply as opposed to investing in new stock@@VK6AB-
@@VK6AB- The media has done a good job painting investors and landlords are the villians. The common ppl on the ground doesn't know how supply and demand work. More population = more demand. You need to incentivise the developers and investors to buy up more houses, but that would mean making them more rich, we can't have that either.
@@frostmelody Thats very much my take as well - its just not worth it.
All these bozo's can talk about is how to divide the pie.
How about increasing the size of the pie.
Increasing the individual tax burden will likely.
A. Shrink the pie as business and individuals move their investments to lower taxed countries.
b. shrink the total tax take as high income individuals find ways of avoiding taxation.
42:25 on what basis is it suggested that putting an X within a "yes" box is the same as putting an X on a blank line? They are obviously and completely different. If a tick is counted as a yes, a cross should be counted as a no. Alternatively, neither should count.
Rich companyies And Multi million dollar people need to pay more tax !Instead tax mimamseing tax seams !The problem is 90 percent of the population pay 98 percent of the 💸💸💸💸💸💸💸💸 money to the government in taxes and so on ?????
Incorrect. Try again.
Which demographic pays for most of the income tax?
@@emcats84 90 percent of the population pay 98 percent of the tax in this country ,The top end of town All find ways to pay the least amount??? The ordinary wage Earners pay the most in taxes ?
@@bobbritten5673 Ahahahaha.
You don’t have to be a brain surgeon to see that David and Laura are on the yes side
Discussion of our schools was pathetic. It is an issue of funding. Our schools will continue to underperform globally so long as we keep the poorest students from getting access to facilities and educational programs that are on par with those provided private school students.
Ditch income tax, ditch capital gains tax stop taking the people’s money you greedy government
The way you think leads to greater and greater disparity, no social services, and crumbling infrastructure.
What pays for roads, hospitals, the police, the army, the high school or the I don't know how many other public services that both you and I use everyday without even thinking about.
Tax isn't the problem. It's how it is spent that is the problem.
@@davidbrayshaw3529 there’s other areas you would obviously raise taxes in….. To create wealth for the everyday person is to ditch income and capital gains
Those areas being?@@robertlayton7004
Robert, who will pay for the health system, education, infrastructure, etc?
Besides any of the circumstances either past or present no Aussie citizen should ever be lawfully made to be subservient in their constitutional status to any other Australian citizen.
Nothing more needs to be stated.
Nothing more needs to be understood.
Write “NO” Australia. Just write “NO” 🇦🇺.
🇦🇺💯%
no thanks, i will vote yes
If people can't understand 'Write "YES" or "NO"', what are they doing voting? Or breeding?
Stage 3 tax cuts are essential because they were promised and they are aspirational. When will you socialists at the ABC realise that and $110,000 and even $200,000 is not a huge income? The engineers et al in terms of human capital and skills that we want will be earning at the upper end of that range and more. Other lower wage earners got tax cuts in stage 1 and 2. Why should the people who will benefit in stage 3 and are actually the biggest taxpayers of all not be rewarded for skilling up and sharing that with the Australian economy and society. If you disincentive people with skills who are either already living in AUS or who we want to immigrate here you are not going to get the productivity gains required to maintain our wonderful standard of living.
Oh seriously? Not many earn $100k, let alone $200k. The median salary in Australia is $80k. Paying more tax won’t stop anyone wanting to be aspirational and earn more.
Higher income earners did benefit from stage 1 & 2 as well. Stage 3 is a joke on the majority earning under $100k.
Most teachers earn more than $100,000 pa. @@josephj6521
Franchise closing
government needs to be much smaller
Like your brain?
Why? What part of gov is too big? I know “it needs to be smaller” is a great catchphrase, but what’s your idea of how to implement it? Do we get rid of police? Fire? Medical? Education?
Let’s no run down the catchphrase politics, let’s get some detail into the discussion.
It needs to be much more efficient and held to a higher standard, not smaller.
Bingo
Is home ownership better with big government no , look a Switzerland" Austria & Denmark more public housing is not owing a home
Destroy the ABC.
blah blah blah, no change
blah blah blah having a whing about no change while not doing anything about it yourself