Great interview, I get the sense the guest knows high immigration rates causes pain for Aussie home buyers that are not investors but knows it is one of the only gigs other than mining that makes the economy tick.
I just can't unstand where peoples thinking that being able to claim expenses for a rental property is a concession. For any business you can claim costs, why should it be different for a property investment? Capital gains, fair enough, I can see where they could make some changes. They could incentivise rentals though. If you rent out your property on long term leases for 5 yrs straight you get the 50% discount. If you flip the property you don't. Something like that I could understand. One comment about the land tax and someone who paid stamp duty 20-30 yrs ago isn't adding to the cost of new infrastructure. That's what we have income tax for. We're paying for it everyday of our lives. Let's say I'm only in the 25% tax bracket. The first day and a bit of the second goes straight to the government, then the 10% on everything at purchase, then the fees and duties for every rego. Higher taxes for fuel and alcohol. The Medicare levy, the fire levy. As a normal Australian we loose the first two days of every week. How much more do organisations and governments want to take from us.
You don't own anything.They want it all and they are very jealous of the average person being truly empowered..WHY??because they won't be able to ''Put One Over You'' and ''OWN YOU''...
Just admit the truth yardney..I was right all along..but you on the other hand surrounded yourself with so called experts who know nothing except tickle ears..
Great interview, I get the sense the guest knows high immigration rates causes pain for Aussie home buyers that are not investors but knows it is one of the only gigs other than mining that makes the economy tick.
Australia could be number one producer of steal in the world amongst other things.Yet it is not "allowed" to be
Thanks for watching our video
@tonytanou Thanks - I'm pleased you enjoyed the interview
I just can't unstand where peoples thinking that being able to claim expenses for a rental property is a concession. For any business you can claim costs, why should it be different for a property investment? Capital gains, fair enough, I can see where they could make some changes. They could incentivise rentals though. If you rent out your property on long term leases for 5 yrs straight you get the 50% discount. If you flip the property you don't. Something like that I could understand. One comment about the land tax and someone who paid stamp duty 20-30 yrs ago isn't adding to the cost of new infrastructure. That's what we have income tax for. We're paying for it everyday of our lives. Let's say I'm only in the 25% tax bracket. The first day and a bit of the second goes straight to the government, then the 10% on everything at purchase, then the fees and duties for every rego. Higher taxes for fuel and alcohol. The Medicare levy, the fire levy. As a normal Australian we loose the first two days of every week. How much more do organisations and governments want to take from us.
You don't own anything.They want it all and they are very jealous of the average person being truly empowered..WHY??because they won't be able to ''Put One Over You'' and ''OWN YOU''...
Well said
You don't get a perfect storm over long periods of time. That would be called a ORCHESTRATED event
@emp731 Yes - it's all a big scheme against YOU!
nincompoop
Deportation starts soon...Oh yes,the tide has turned.
Just admit the truth yardney..I was right all along..but you on the other hand surrounded yourself with so called experts who know nothing except tickle ears..
@CookieMonster-wy4qb why sooking again, thought you bought a house, you should be happy
First 🎉 🧱
Well done cookie. You are always first aren't you? 🌈 You do so over long periods of time..That's not a perfect storm but rather a Conscious effort.
@ cookie buying another house this weekend ! 👍
@@CookieMonster-wy4qb That's not a perfect storm but rather a Conscious effort wouldn't you agree?
Doesn't mean you are better than others
@@emp731 cookie never said anything about being superior he just said he bought another house ! Cookie feels for people he intimidates 🥲