It is inequity in the whole taxation system, housing is the major pain point but the system is unbalanced and favours those with assets (property, shares etc) especially the 1% which explains the volume of the squealing!
Says ABC…
FFS.
- people who answered the poll
I had Redbridge text me. I blocked the number
The oligarch media are pushing One Nation hard because they want Trumpism here so they can continue to do oligarch stuff without interference.
Polling also claimed they’d win SA.
She’s attacked the majority of Australians. And, especially with the new tax changes, fairly sure younger people in particular are going to find them a good thing. The claim it’s a death tax definitely isn’t being accepted lol
Every left wing person will put her close to the bottom
But a lot of right wing people don’t want to wake up each morning to read about the stupid shit Pauline did yesterday too
I feel like ABC have only started sucking up recently, because they know if she wins enough seats she’ll kill their funding otherwise.
The “first past the post” victory narrative is idiotic yet here we are being inundated, even in the ABC, by this bullshit.
We have preferential voting and Poorline will never be elected in Australia.
Why are they referring to us millennials as young?
Mid-forties is the new mid-twenties, or something.
Because we live in a period of ideological stagnation. Millennials are forever young because so many of them were prevented from participation in the traditional rites of passage to adulthood, like owning a house and having children.
I don’t think infantising us is doing us any favours and while the numbers aren’t great it’s a bit hyperbolic to imply like hardly any of us own a home, 55% of us apparently have a roof over our heads that we own:
Over half (55 per cent) of Millennials, 25–39 year olds, are homeowners compared with 62 per cent of Generation X and two thirds (66 per cent) of Baby Boomers when they were the same age.
I’m not infantilising us. I’m pointing out why I think the media infantilises us. Most of the millenials I know are more mature and more media literate than all of the boomers I’ve known. Home ownership and child rearing rates are lower than previous generations. Most of my mates who have had kids only did it with family support. That wasn’t the case in the 80s and 90s. The ones who have mortgages probably won’t pay them off before they die.
I’m saying the media is infantilising us by calling us young, we’re not, I’m turning 40 this year, the youngest of us is 30, if that’s young it’s news to me
The ones who have mortgages probably won’t pay them off before they die
I mean I have a mortgage, it’ll be paid off in a year or 2
Millennials the most active property investors: CommBank data
https://www.commbank.com.au/articles/newsroom/2024/04/Millennials-active-property-investors.html
I’m once again caught between ‘cost of living crisis’ and ‘shopping centres were packed and we struggled to get out of the car park’
I mean yeah I agree with you that it’s not great but I’m really just nitpicking about implying we’re young and just getting started when over half of us own our home and we’re the most active property investors
K shaped economy it seems
I remain sceptical until an election gets closer. I don’t understand why the budget is being received so negatively, though. Is there something about it that is making people particularly concerned, or is just that there are no direct handouts or quick fixes so people remain entrenched in their doomerism? From everything I’ve read it does not seem to be at all deserving of this level of backlash.
Because it’s being reported like that in spite of great economic policies. Labor always outperform conservatives on finance, the only thing convincing voters otherwise is misleading news reporting (or because they are industry grifters who get a worse deal under responsible leadership). The historical stats are open and free to the public and right there.
Because the only decent visible thing in it are the tax concession changes, even those are weakened and they won’t come into true effect for a while.
The rest is either downright cruelty, a flat out cash giveaway, tax cuts coming from NDIS funding and that don’t help anyone anyway really…it’s garbage.
There are handouts by the way…a 2 billion handout to developers for infrastructure their DAs compel them to provide anyway, stolen from the Queensland LNP. The ‘$1000’ tax rebate.
It’s a shit budget, cynically covered by an overdue tax concession change on housing, a budget that’s likely to kill some of our most disadvantaged. We’ve already heard how some on the NDIS are considering assisted dying over social and community participation cuts. This government will see them pushed back to abusive church based groups.
I read your comment curiously but with no evidence included I did some research (google searching). I quickly discoverd miss-information (lies) in your words which makes the entire comment null and void to me. Thank you for your time.
Well, go ahead, share your discovery of miss-information rather than piss around.
People have left reliable reporting and information sources behind and only subscribe to brain melting propaganda feeds which trivialize and distort.
Emotional appeals such as ragebait and doomerism increase engagement and soc media platforms are all engagement farms. It is a combination of the algorithmic nature of those platforms promoting content that appeals emotionally and organizations taking advantage and creating content aimed at increasing societal division and undermining trust in government and institutions. As people are getting emotional manipulation in place of information it just naturally carries over into everyday conversation I guess as it fires them up.
I admit I don’t follow the news like I did either. I would watch ABC/SBS news, longer form news/current affairs on the same platforms, multiple newspapers. I tend to just skim some web pages these days or find out about stuff because it gets mentioned here. I am much less informed than I was 20 years ago but with the media environment the way it is now I wouldn’t want to consume as much as I once did.
I agree with that.
Many years ago, I had a paper subscription to both The Age and The Australian; and both were respectable publications at the time… Whereas now neither of them are. There is still good journalism happening, but it is no longer the norm. And so it isn’t as easy to consume it as a routine, or talk about it casually to people in slightly different social circles.
I feel like almost every story is like “here is what some people with obviously vested interests say about such-and-such”. Or the other flavour of story which is basically “shit’s fucked. It sucks, right?” For politics in particular, I see so many stories about whether some policy is popular, and again opinions from vested interests… but very little objective comparison. Like, people aren’t proposing policy changes because they are complete idiots. They have reasons. So I’d like the reporting on them to say what those reasons are, and look into whether or not the policy will meet the goals of those reasons.
Ok. I feel like I’m whinging and being a bit vague. Like I said before, there is still some good journalism going on - and I don’t really put a lot of effort into looking for it. So I shouldn’t complain too much about what I see. I guess I’m just bit a worried about what everyone else sees too. Rage-bait emotional manipulation, mostly.
good journalism going on - and I don’t really put a lot of effort into looking for it
So, I have a list I’ve been slowly adding to over the last few years of independent media in Australia with journalists doing good work. There might be some in this you might be interested in.
List of independent media in Aus
- Ette media
- Lamestream
- Independent aus
- Michael west
- Deep cut
- Crikey
- Urban wronsky
- Friendly jordies
- The shot
- The Klaxton
- John Menadue
- Cheek media
- Abby Dib
- Declassified
- Equator (monthly politics,culture, not sure if this fits.)
- Inside Story
- Mayne Report (Shareholder Activist Stephen Mayne)
- Antonylowenstein.com (Palestine Laboratory)
- Overland
- Greenleft.org
If anyone has any ideas of what I should do with a list like this, except sharing it occasionally like this, I’d interested to hear about it.
No Betoota Advocate?
Maybe you could create a page on Wikipedia?
I suppose I’m guilty of a lack of awareness regarding my own habits. I listen to longer form, discussion style podcasts about complex issues and I follow the ABC’s coverage of Australian politics reasonably closely. Maybe this is having a bigger impact on my understanding of current affairs than I thought, which is why the (I assume) majority who don’t share these habits are now in a completely different world to me.
It’s probably just warped by social media, giving everyone a personalized version of One Nation while every little thing in Labor’s budget is peeled apart.
I hate to sound so cynical, but I’ve seen this movie before. You should read exit poll reporting of what voters think will happen after they vote in populist candidates.
I too would agree that the only poll that determines the government is the one on election day and we’ve seen that go one way or the other because of a few days propaganda (<3 the westminister system, so good).
I think it’s mostly that:
a) very few people read any sort of long form analysis or really any news at all.
b) rich people are highly motivates to distribute propaganda against this budget and to downplay how rich they are
c) lots of people who are yolked wage-slave proles (almost all the population) don’t understand how low down the economic ladder they are and aren’t motivated to think about it since it’s humilating in a culture that equated wealth with worth and worthiness.
d) shares are basically the only way you can (un)realistically dream of escaping your chains atm and “labour can tax you out of escaping” is easy propaganda for (b) to hit © with.
Gawd. Prime Minister Pauline would make us long for the ScoMo era, I reckon.
She’d be better because she’d be worse at executing her agenda and any government electing her would be wracked by infighting
She’d embolden the racist pigs out there to try getting away with more stuff.
Im not willing to endure a pyrrhic victory here in copying the fucking stupidity of the US.
Yeah same. This isn’t worth rolling dice on.
That’s true, but we’ll also have the pleasure of having to listen to her blithering even more frequently.
Might make for some sweet singles put out by based drag queens?
I always doubt these reports. The news media has proven that they will bias conservative parties in their reporting, in order to sway elections.
By reporting that Hanson is a popular candidate, they make her seem like a viable option, thus self-fulfilling their prophecy. Watch the same outlets guilt the public for voting her in when she wins seats based on their own bullshit reporting.
By reporting that Hanson is a popular candidate, they make her seem like a viable option, thus self-fulfilling their prophecy. Watch the same outlets guilt the public for voting her in when she wins seats based on their own bullshit reporting.
I don’t necessarily agree that it’s a case of “the news media” trying to "sway elections’, I think there’s a lot more nuance here than you’re suggesting. But I definitely agree that this constant fearmongering about One Nation in order to gain clicks is massively contributing to the mainstreaming of the party. I also agree that if One Nation finds success on election night, the panel of ABC journalists who have spent all their time discussing One Nation over the last few years will be predictably shocked and have absolutely zero self-awareness about the role of the national broadcaster here.
It’s a case of news media trying to sway elections toward the right, in the current case One Nation.
Ten minutes of watching Barr and Speers alone answers that.
I’ve seen the way the press frames things in Victoria, they definitely are pushing an electoral agenda.
propaganda, obvs
Well that’s terrifying.
One Nation should not be anywhere near the reigns of power.
It’s as if Labor designed a budget to turbocharge more anti-establishment sentiment and pump up One Nation’s tyres.
Facts
It’s actually pretty good though
No it isn’t, it’s terrible.
It’s got one decent thing, the overdue tax concessions which are cynically used to cover the cruelty and the infrastructure gift, which no one seems to have a clue about.
It’s pretty good for a neoliberal government. Better than we’ve had in a long time, there is at least some substance beyond bribes to mates.
NDIS was always gonna get slashed, you can’t afford to deliver healthcare through a chain of parasites and the government is too neoliberal to actually run anything anymore.
It’s pretty good
Not really. Labor have released far better ones in the past.
Better than we’ve had
I don’t agree there either. The NDIS cuts, which I’ll get to further down, are atrocious and will kill people. The developer giveaway is disgraceful.
substance behind bribes to mates
I’m not sure what’s meant by that but bribes to mates are never good for the country. That kind of thing along with jobs for mates costs us billions of dollars.
NDIS was always gonna get slashed
NDIS needs some overhaul in certain areas which have already been identified and worked on, but there is no justification at all for 50% cuts to community and social participation budgets. That will result in suicide; that’s already been flagged by NDIS clientswanting to access assisted dying, clients who will probably lose much or all of their funding. The minister dismissing clients without review is subject to political whim. There is no need to change the definition of functional capacity.
you can’t afford to deliver healthcare
There’s another problem; the NDIS is distinct from ‘healthcare’ and it serves a number of areas conventional healthcare doesn’t, to the point where it can’t be called healthcare. I’m a plan manager so I see what services the scheme covers which were never available elsewhere before it, which should have been. Before we had this scheme, a lot of things now addressed were taken care of by carers and parents at great cost, personally and financially. We only now know what that cost is. The upshot is the increased quality of life for the vast majority of clients on the scheme plus the industry it’s created. Yeah, certainly, there were and are issues around providers and licensing, those parts of the amendment bill aren’t really under debate. I look forward to the licensing requirements.
We can afford to deliver this program, even without tax cuts that really don’t help, or an export tax on gas, or even a developer giveaway. We’re a wealthy country.
the government is too neoliberal
Yeah righto.
The government provide people like me a good platform with the NDIS scheme, to manage my sons needs without too much interference from them. Furthermore, this governments platform, it’s checks and balances and what it expects from us in return is much tighter and better managed than the last ones system, where I could have done dodgy invoices and pulled thousands if I wished. I don’t get a lot of oversight from the NDIA but they’re fairly supportive with issues and they process claims very quickly.
What this government has failed in, in its quest to run this like an Excel program in an accountants office, is the ability of the people reviewing plans to make the proper decisions on funding we need. Before, they seemed to fund on actual need and capacity. Now, it’s money saving and a push toward services outside that don’t exist.
Anyway, nup, it’s not a great budget. I’m furious about that infrastructure giveaway, that’s a shocking policy, stolen from fucking Jarrod Bleijie of all people. They wouldn’t lend that 2b to low income people and families to buy property but they’ll hand it to Comiskey Group who’ll buy another pub with it or bank it. And they will buy land and bank it, not put pipes in with it.
Edit: I’ll note here as well, in light of funding difficulties in terms of appropriateness with this government, it’s both ways; I’ve told them we don’t need certain things funded that have still been funded and provided medical evidence for things we’ve needed but been refused. The funding turned in has been higher than that requested. It’s just confusing.
One Nation? No thanks
The budget you silly sausage. Unsurprising that you think it’s a bad one with reading comprehension like that
It is bad, the changes discourage investment in creating new businesses in Australia. It’s going to screw the country in the long term
Yeah unfortunately, that part of the budget is probably the decent bit.
I hear your point on business outside housing investment and agree with it somewhat, which could be amended, but these tax concession changes where housing is concerned are well overdue.
Makes sense for housing but don’t understand why it wasn’t just for housing
It makes sense full stop for housing, not just in a way. It and lack of public supply are the two core reasons we have the problem we do.
As for other businesses, I guess that’s why we should look at amendments. Remembering of course that these are, as you point out elsewhere, very large and wealthy businesses who despite the changes will probably still invest if it’s worth it.
citation needed.
CGT changes are adjusted for inflation and still represent an extremely attractive vehicle for people. What else are you going to do with money you’ve amassed, sit on it like a dragon?
All it does is shift some or the tax burden to rich arseholes and make hoarding land less attractive (even adam smith thought landlords fucking sucked).
Increasing CGT to one of the most expensive in the world doesn’t need a citation… Engage in some basic thought.
You create a business, take on massive risks, fund it yourself even, then when you go to sell you’re looking at essentially 100% capital gain
That’s not extremely attractive. Why not create the business in New Zealand where that would incur 0% tax, because they don’t have CGT?
why not create
Because people choose to open businesses based on the market they’re targeting, not CGT. That might be a factor with a comparable business, for instance a corner store, but you’re not likely to start a reptile relocation business in NZ or a fjord touring company in Australia.
You’ll open it where the demand for it is.
That’s a hilarious misrepresentation of tax laws in NZ lol but just taking the logic, why doesn’t everyone just only invest in panama or some other tax haven?
Could it be because more than just “how lowest tax?” goes into where people can start businesses? Hmmmmmmm?
