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-   -   War in Australia (any Oz Politics): the Original (https://www.pprune.org/jet-blast/477678-war-australia-any-oz-politics-original.html)

Clare Prop 24th May 2014 07:22

It would be interesting to see what happened to house prices if negative gearing was abolished.

Would the market be flooded with cheap houses and if so would the current renters be able to afford to buy them? There seems to be many different views on what would happen if it was abolished (which I agree it should be).

I've always thought one house is quite enough for each family but maybe that is naïve as there will always be people who need to rent. Unless Gummint bought all the excess housing stock...?

I lived in a place once where your mortgage interest AND principal payments on your family residence were tax deductible. A far better incentive and cheaper than making other homeowners fork out in their taxes for the first home owner grants. It had to go hand in hand with very strict rules about overseas ownership.

alisoncc 24th May 2014 08:02

CoodaShooda:

We have a population divided between those who create wealth and a standard of living for the nation, those who are part of society but genuinely are unable to contribute and a bloody large group who could but don't contribute yet seem to demand the same standard of living as those who work ; while at the same time criticising them for having "too much".
So tell me do bankers, real estate agents, politicians, lawyers, etc. create wealth? Or do they just manipulate the system for their own benefit. I would suggest there are very very few in Australia that actually create wealth these days. Do miners create wealth by just digging resources out of the ground and flogging them off to the highest bidder?

Until Australians learn how to create wealth, possibly by adding value, then we are all bound up sh*t creek. Taking in each others washing doesn't really cut it in todays world. So tell me CoodaShooda who do you think actually creates wealth in Australia.


.

500N 24th May 2014 08:34

Alcoa bhp, rio tinto, builders to name a few.

Takan Inchovit 24th May 2014 09:14

Dont leave out Doner Kebabs.

Ethel the Aardvark 24th May 2014 09:59

The only negative gearing that Abbotomy is concerned about are the free shimano ones he yet again failed to declare. Is it just me or does he appear to be a complete klutz? I see the lieberals new NBN head is up for some special court attention, roll on the DD.

rh200 24th May 2014 11:06


t would be interesting to see what happened to house prices if negative gearing was abolished.
Yea that would be interesting, its one of things you wouldn't really know the effects of until you did it and waited.

There's a significant amount of people getting second houses in the mining industry. Though technically high income, when integrated over the long term there high income is only transitory. Hence its a good incentive for them to buy something in the short term instead of the usual bogan [email protected]

I would be in favor of some sort negative gearing for one or two houses.

Captain Sand Dune 25th May 2014 00:58


Wasn't aware that hordes of "refugees" from rich countries were heading here on boats.
Never said there was. Certainly agree Australia isn’t a poor country, although another 10 years of Liarbor would have seen us in the same category as Greece.
Dr Wilson claims Australia is ‘worst of all the rich countries 'at supporting single unemployed people’, ergo an attack on our welfare system. Again, if Australia’s welfare system is so bad (in this case, at supporting single unemployed people), why are boat loads of ‘asylum seekers’ risking life and limb to get here, bypassing a whole bunch of other countries in doing so? Easy – because in the majority of cases the ‘asylum seekers’ are in fact economic refugees wanting to get on the gravy train that is Australian welfare.

500N 25th May 2014 01:11

I think it is time to get on the gravy train :p

CoodaShooda 25th May 2014 01:32

Alisoncc

In my naive view, real wealth derives from food and natural resource production plus value adding through manufacturing.

Everything else is wealth redistribution through artificial and flawed social constructs.

500N 25th May 2014 19:03

Interesting article on the Student protestors.

Memo to uni fees protesters: stop being selfish thugs and bullies

david1300 26th May 2014 00:27

I couldn't find much fault in the reasoning of the article you linked, 500N. The points made seemed logical, well thought out and reasonable. I'm interested to hear another (or opposing) view if there is one.

500N 26th May 2014 00:30

I didn't post my views as I wanted people to read it with a clear head
and not think it was another right wing rant !!! LOL

Yes, agree. I thought it was a pretty good article.

A bit like the one's on the student protests, maybe some of the
students should read a few of them !

500N 26th May 2014 00:48

It seems they are finally getting tough on the clergy !

"Victorian priest Frank Klep has been jailed for 10 and a half years for sexually abusing 15 schoolboys."


Now if they could just nail all the others, that would be good.


What has always amazed me with these incidents is not one victim
has taken things further and into their own hands.
Maybe a different mentality to me ?

rh200 26th May 2014 00:57

Creating wealth.

Their is no creating wealth, its all about the system and society. The bankers, the miners etc are all a part of the system. That system requires them to do their best to make a buck for their bosses.

We all like our fancy gadgets and all the rest of the [email protected] witch goes with it, but a quick to have a go at the very people who support the system that makes it possible.

Ken Borough 26th May 2014 01:24


What has always amazed me with these incidents is not one victim has taken things further and into their own hands.
Don't even think about it! :E. We have enough nut jobs without agitating for really aggrieved people to take the law into their own hands. A mature society doesn't work that way. If you want that, go live in the 'land of the free' where so many people of all different stripes with diverse grievances act outside the law and create carnage. We are so fortunate that we live in a gentle society where there are limits imposed on our freedoms that actually enhance society rather than divide and destroy.

mgahan 26th May 2014 01:30

HECS UP FRONT
 
I wonder what % of HECS "debts" are paid using the upfront option.

When my two reached Uni, I felt I still had a responsibility for their education and thus chose to pay their HECS upfront. Thankfully, I also had the ability to make those payments and I accept that many did (and do) not have that ability. Call it a form of self imposed means test.

The other consideration I had was the remove the potential for an additional tax burden on a young Australian just when they started to earn sufficient to get a decent start in life.

BTW, in addition to the discount, I paid by credit card and as the card was linked to my FF account, received points.

MJG

500N 26th May 2014 01:40

Ken

"We are so fortunate that we live in a gentle society where there are limits imposed on our freedoms that actually enhance society rather than divide and destroy."

You say that coming on the day an Ex NSW Police detective is charged for murder of a 22 yo student and another (disgraced) cop is wanted for questioning over same murder as a body wrapped in a tarp is found floating in the water :rolleyes:

Yeah, right ! Here is a picture of "our gentle society" !

http://i60.tinypic.com/2qce538.jpg



david1300 26th May 2014 01:55

Having lived in other societies, and spent time in others, too, I really do agree that we in Australia do live in a gentle society, notwithstanding the few (maybe many?) individuals or relatively small groups that are the exception to the 'gentle society' generalisation.

500N 26th May 2014 01:57

We used to be a gentle country.

Not so much any more. Look at the Melbourne war, Sydney shootings,
Queensland shootings.

Ken Borough 26th May 2014 03:24


Not so much any more. Look at the Melbourne war, Sydney shootings,
Queensland shootings.
I don't know why I bother! Having travelled widely and read widely, I am of the unequivocal view that we DO live in a gentle society, notwithstanding the occasional outbreaks of violence, often perpetrated by recent arrivals who've not yet adapted our values and way of life. Yes, you can point to instances of rogue coppers and drive-by shootings but these incidents are far removed from the norm. I betcha that most Australians would agree that we have a peaceful and gentle society where we are ever ready to help the unfortunate, disabled and those having a hard time of things. That's what I find, and unless you live in a parallel universe, that would be the experience of everyone from one end of the country to the other.


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