BBJoey posted:

turning up to centrelink appointments just to get paid, presumably as opposed to turning up to centrelink appointments due to the cheery atmosphere and enjoyable conversations you have at the centrelink offices

starkebn posted:

Follow minimum rules to get Centrelink benefits: bad

Follow tax rules to avoid paying billions: nothing can be done

GoldStandardConure posted:

So, zero tax. Right?

Anidav posted:

Oh my God what is the ABC doing shilling BrickX?

You're better off putting it in crypto Lmao.

Mr Chips posted:

I once did enrolment hand-holding at a G8 uni. A good third of the freshers didn't even have tax file numbers, and their parents just paid the fees up front. The demographics probably haven't changed much since then.

Guardian Au posted:

The survey, which analyses real cash flows against mortgage repayments, finds more than 767,000 households or 23.4% are now in mortgage stress, which means they have little or no spare cash after covering costs.

This includes 32,000 that are in severe stress, meaning they cannot cover repayments from current income.

The firm predicts that almost 52,000 households will probably default on mortgages over the next year. Risk hotspots include Meadow Springs and Canning Vale in Western Australia, Derrimut and Cranbourne in Victoria, and Mackay and Pacific Pines in Queensland.

Guardian AU posted:

Prof Bob Gregory from the Australian National University says the current budget’s projections show the deficit closing after 2021 thanks to personal income taxes hitting levels higher than the Costello years, and company taxes rebounding significantly.

But he warns that path to budget repair is unrealistic because the public won’t accept personal income tax rates hitting the highest level in two decades, and the government is pursuing multibillion-dollar company tax cuts anyway.

ShoeFly posted:

I work for Fairfax. This is going to be a fun week.

Bogan King posted:

It would be much better if parking meters destroyed Brisbane.

Anidav posted:

I wish Brisbane destroyed parking meters too

thatbastardken posted:

man i'm getting a lot of targeted ads on facebook from GetUp about Ross Vasta lately. Would have been nice to have had this add blitz when I was, you know, trying to take his seat in parliament.

MysticalMachineGun posted:

Does that mean lionhat's party actually has two members now?

Aesculus posted:

Greens update: Parliamentary right in NSW is now openly defying the membership's decision making and boycotting the party, instead crying to RDN and the federal right to impose top-down MP leadership control. You heard it here first. Now don't go leaking it to the arsetrayan

Aesculus posted:

Membership will have 2/3rds the vote in... something and the MPs will have 1/3rd. I'm not sure of the specifics, but I'm told it's regarding MP activities and party room priorities/directions.

Guardian Au posted:

The foreign affairs minister, Julie Bishop, has refused to sack Yassmin Abdel-Magied from the Council for Australian-Arab Relations – resisting calls from government conservatives, including Peter Dutton, following the controversy about Abdel-Magied’s Anzac Day comments.

Anidav posted:

I wonder what friendlyjordies is up to...


Oh another shilling meltdown nice.

I would blow Dane Cook posted:

Lid posted:

There is no sign of respite for the nation's struggling retailers, particularly department stores, as shoppers refuse to spend in the face on an uncertain economy.

The latest retail sales data from the Australian Bureau of Statistics showed a 0.1 per cent fall in March at the same time as many economists had been tipping a rise.

So now not only are people not buying houses, they aren't buying anything else either. Hmmm.

Guardian AU posted:

The government has ruled out any action on negative gearing or capital gains tax concessions, but is reportedly considering introducing a bond aggregator to better fund community housing and allowing first home buyers to use their pre-tax income to purchase a home.

JBP posted:

Can you explain what is meant by using ones pre-tax income to purchase a home? Am I to understand that this means I can contribute to a house savings fund/account and tax deduct it?

Guardian AU posted:

The Australian Chamber of Commerce chief executive, James Pearson, believes a return to surplus will at least be put on the radar in the current budget, predicting a path out of deficit within the four-year forward estimates. The Coalition has previously pledged to return the budget to surplus by 2021. Pearson wants to see the budget cut red tape, address ballooning debt (gross debt is expected to reach half a trillion dollars) and focus on quality, sustainable expenditure. He wants government expenditure to be reduced to 25% of GDP.

“It’s got to be sustainable spend, it’s got to be good quality spend,” Pearson told Sky News.

“Recognise that as the workforce is getting smaller in relation to the number of people who depend on government payments ... We’ve got to make sure we don’t strangle that tax base in order to support welfare spending.”

JBP posted:

Being able to get a tax break on genuine savings for a house is not the shittest idea ever mooted, particularly considering the government of Australia right now. If I could bank my $500 a month or so like I do now and get tax concessions on it plus interest, I'd be pretty happy with that.

e: that's if I was saving for a house and not to take debauched holidays in third world countries.

Bogan King posted:

JBP posted:

In Canberra they call that "leaning".

Recoome posted:

lol that you have to do house chores when you don't even live in the house

Don Dongington posted:

We don't seem to have a great deal of trouble with our Greens MPs here in WA, just sayin'

You Am I posted:

Spiteful little dog fucker

AFR posted:

[Scott Morrison] could have brought a budget which removed red tape and regulation, and encouraged real private sector growth. Instead, this budget is about preserving totems like Medicare and locking in another $18bn in spending over a decade on an unreformed school system that does not produce results. It will entrench another Labor spending monument in the form of the National Disability Income Scheme that explodes in cost from $3bn to $20bn a year in five years’ time.