Remember when everyone was saying we need to step up home grown production during COVID? Lets hope we get the chance to do this now that Americans have shown the way
@@Remy5569 From my understanding he voted against abolishing negative gearing entirely at that time. He isn't saying that here. Happy to be corrected!
Mark, I would love to see you do a long form podcast (1-3 hours) with the LNP/ALP leaders before the next election to better understand them as a person which I believe is more important than the 3 word slogans that get thrown around by the media at election time.
@@Fordtrain murdoch is as woke as anyone these days. New democrats are the old republicans. You missed the switch. You’re still in dial up era, never mind broadband.
I think Hockey is dead right on much of the stuff (doubling of tax incentives for new builds, China, understanding appeal of Trump) but think he’s off the mark on economic policy including tax cuts of Trump and his running mate JD Vance. Those are very positive. Combined with the team of former democrats around him, and Elon.
Mate, you don't understand anything about a countries financial obligations, Hockey said that if america loses the reserve currency of the world they are f....ed. Sooner or later you have to pay your debts..if there was any way china or Russia could make America lose the world's reserve currency they would or will and America is totally bankrupt and if trump does what he says then trump will be china's greatest asset for many generations.. the American empire white anted from within. It would be trumps greatest bankruptcy by a billion billion times.
He keeps his promises Mainstream Media twists & takes everything out of context unfortunately He has one term & his VP will be a brilliant president for 2028 I don’t live in the states🇺🇸 but the world needs someone that can’t be bought. Same as Elon Musk, JD Vance, Tulsi Gabbard & JFK. This is a powerful team!
You have been seduced by a cult whose only concern is enriching the billionaire class. Not that the Democrats are any better these days being corporate hacks. Trump is the cult leader, Vance is the religious zealot, Elon is the financial backer who is completely in it for himself and JFK is the policy man who I actually believe has good intentions in his own way. I actually don't think that Trump will be as bad an everyone says because I don't think he even cares about anything but winning, but Vance would be a disaster in 2028. Vance has no charisma, but he is an ideologue. Elon will get pushed aside as soon as Trump is sick of him and no longer needs him and Trump and JFK will probably fall out at some point.
If I am not mistaken Joe Hokey lives in Hunters Hill Council. Hunters Hill Council chose not to combine with other councils in order to reduce costs. The people of Hunters Hill Council backed this position. Hunters Hill Council is also full of lawyers so if you do the wrong thing you or the Council will get sued. Joe says people should take on more risk. Well being a lawyer himself might help him analyse the risk more cheaply and defend himself against that risk. So asking people who are not lawyers to take on more risk is too harsh.
People around here (rural area) take risk, they ignore council and go ahead and do things, if they notice you deal with it then. Go to council you are asking for problems. Australia is the no risk country, and it’s ruining the place with regulation. Only the UK is worse than us.
Mr Hockey was my fav Minister, as a Uni student, he was likeable, optimistic and aspirational that I felt hopeful that my hard work would find opportunity. Sad state today feelings of pessimism and helplessness, the Gov today has done NOTHING to support entrepreneurship or small business.
If you're anything but hopeless you can get a small business up and running with plenty of govt support. Or you can whinge and moan that everything isn't handed to you on a plate.
@ Have you applied for a biz loan? Have you read and understand the multiple changes to legislation cutting biz off at the knees? Gov grants token gestures limited to specific bs sectors. SMEs that actually produce real jobs by individuals backing themselves, taking the risk to have a go are treated like rubbish. I want to make sure next gen has a chance.
This guy doubled the federal debt while boasting about making tough calls others wouldn't, and made the ones with least agency suffer the most for it. Pos
The deficit was a structural hangover from the GFC, the situation was similar for all nations in this time period. You're disingenuous or naive, neither is admirable.
@@tbone5654 So their government promised to deliver a surplus either way right? But they cut the carbon tax and lost $7.6 billion. Then first order of government was to launch the royal commission into unions which cost $46 million and recovered $500 in fines. They put us in to a $48.5 billion deficit and labor left it in $18.5 b. They then had no other option but to cut health, welfare and education to appease the corporate donors. Do you remember Matthias corman and hockey smoking cigars on the balcony when they did this? Complete incompetence
@@tbone5654 So their government promised to deliver a surplus either way right? But they cut the carbon tax and lost $7.6 billion. Then first order of government was to launch the royal commission into unions which cost $46 million and recovered $500 in fines. They put us in to a $48.5 billion deficit and labor left it in $18.5 b. They then had no other option but to cut health, welfare and education to appease the corporate donors. Do you remember Matthias corman and hockey smoking cigars on the balcony when they did this? Complete incompetence
Joe’s comment on housing subsidies for investors are clearly coming from someone who owns housing assets rather than those in the millennial and Gen Z cohorts who are yet to enter the market. He fails to acknowledge that the CGT discount that Howard gave us in 1999 saw Australians start to view housing as an investment commodity and saw negative gearing become much more worthwhile. What “the market” has done since this time has enriched investors through non-productive house price inflation that has now ensured that households on average incomes cannot afford to buy an average house. We’ve effectively created a class divide between the owners of housing and those who rent. The only feasible way for young people to now enter the market is to have chosen their parents well with the bank of mum and dad becoming a dominant lender. So inequality has become a big feature of our once egalitarian society. Australia has been achieving progressively lower productivity for a decade and a half because our banks predominantly lend for housing rather than for productive businesses that will make Australia more innovative and help us to produce products and services that we can sell to the world.
The CGT discount mimics the previous system it replaced (that removes inflation from the gain), but it’s much simpler to administer. Same discount applies to shares too. For the same reason- to remove inflation from the gain so that tax isn’t paid on inflation. Housing affordability mainly driven by immigration when Australia was already 2 years behind building enough accommodation, with much of it being apartments in major cities. If someone isn’t considering that in their position, it’s a flawed position. It’s a good point about banks favouring housing over business loans, but Australia isn’t a fertile place for business. High taxes and regulation. A software engineer gets $200k after tax. In nearby jurisdictions, it would cost the business maybe $250k to employ that person, then on profit they’d pay 15% tax. In Australia, it would cost $330k in wages, $30k in super (30% of which is taxed with div293 tax), $20k in payroll tax that goes to state governments, which is $380k. Plus work cover insurance etc, plus 30% on any profit. Depreciation laws are different and much less favourable in Australia also.
@ Thanks for the really informative response. You’ve highlighted some of the flaws in the structure of the Australian economy. For me having some of the most expensive housing in the world is at the heart of our problems. Australia has to pay some of the highest wages in the world simply because citizens could afford neither rent nor a mortgage without those wages. Data from Digital Finance Analytics consistently shows significant numbers of Aussies spend well in excess of the 30% of disposable income that signals financial stress to manage their housing costs. And we are a consumer based economy, so what happens to all of the businesses that need Australians to have discretionary income to buy goods and services from them? Australia wallows well down the global list (87th) in terms of economic complexity. Sitting between Uganda and Burkina Faso we more closely resemble an emerging market economy from the global south than the 13th largest economy in the world. That’s what happens when you run a houses and holes economy. Remember in 2015, when Turnbull introduced the National Innovation and Science Agenda which was going to incentivise and reward innovation, entrepreneurship and risk-taking. What happened to that? What happened was lazy government. We are too lazy to add value to our economy in a country that is sitting on nearly every resource (apart from oil) that the world needs, a country swimming in energy - both fossil fuel and renewable, a country which has brilliant innovators, most of whom sell their ideas to overseas interests. You say housing affordability is based on immigration. Yes the ridiculous level of immigration that has occurred in the last two years has caused problems - mainly for rental affordability. We ran a live experiment over COVID. We had zero immigration for two years and from 2020 through to 2022 we had the largest growth in housing prices in Australia’s history. In fact while we depopulated house prices doubled where I live in SE Qld and my kids are now locked out of buying a house. So your thesis about the connection between immigration and housing affordability is flawed. House prices and other asset prices are driven by two factors - liquidity and interest rates. Your point about the CGT discount mimicking the indexation taxation method that was used for taxation of capital gains on assets pre-1999 is not really correct. An indexation factor based on inflation was applied to the cost base of the asset to reduce the size of the capital gain and therefore the tax paid on that gain. If you go to the ATO website you can see the formula and worked examples. The discounts achieved were nowhere near the 50% discount of the 1999 law. It was the 1999 CGT changes that made negative gearing worthwhile. Tax could be saved on wage income based on holding cost losses for an investment, knowing that when time came to sell the asset half of the CG would be discounted and then the gain would usually be split between husband and wife who each paid their marginal rate of tax on this adjusted income. How can first home buyers compete with investors who are subsidised?
@.uTube I agree with a lot of what you’ve said. The difference with Covid was that we were already short of housing and restrictions on businesses meant that houses weren’t being built as fast. Household occupants decreased too, as people who were trapped in a house with others were desperate for their own place. People’s behaviour changed. In addition, SE QLD had a lot of net migration from interstate. Introducing more immigrants and especially at such large levels has made this problem a lot worse. Now with high interest rates and such a severe shortage, and people still maxing out what they can get a loan for (which is the case at all interest rate levels), it makes it even harder to afford a house. Apartments are also expensive and are likely where first home buyers will be starting. Tax incentives to provide housing are a way to provide rentals. I’m not a fan of property investing personally, I tried it and after experiencing it, I’m not interested. The numbers don’t add up when compared to shares. I have no issue with tax deductions on income producing investments, or a CGT that is much simpler and also about the same as long term CGT in other countries. Regarding splitting CGT across spouses, I prefer the American system where household income is split between spouses, gaining both tax free thresholds, which benefits a family greatly where one parent isn’t working. The property market ebbs and flows over decades with these tax deductions in place. They don’t drive the price any differently. Many western nations are experiencing similar problems with housing and have completely different tax systems. As far as competing with investors, there is a shortage of roofs of all types. If demand for rentals is lower, rental yields are lower. Less investors buy. This can be done by cutting immigration from 1.5m over 2 years to 150k for next 2 years or by building more housing. Australia already is building huge amounts of housing right now, much of it apartments. That soaks up resources (along with government building projects). Apartments may not be what your children are interested in buying, but they are being build en masse. If immigration is cut by 90% for 2 years, and current build rate continues or accelerates, it will still take 3-4 years for housing to become more affordable. That’s how I roughly see the numbers. And as you say, Australia’s economy is two tiered and very basic. If nothing changes, we will be roasting coffee beans using solar panels and selling coffee to each other. Attacking investors isn’t the answer. There’s a massive structural problem and there needs to be less corporate tax and income tax (as well as less tax on super). There needs to be incentive for business to come to Australia. Currently our energy costs are climbing because of bad energy policy. Cheap, reliable, scalable energy is needed to power a grid that is carefully balanced at the same frequency. Intermittent energy sources cause a need for a more complicated way of managing the frequency fluctuations, making the grid more expensive to build and maintain with so much duplication and complexity. And when the current federal government lies about their tax policy on winning an election, doing the opposite of what they say and try to legislate a tax on unrealised gains, the uncertainty of government policy spooks businesses and investment. Not to mention the talent drain, due to tax or opportunities available overseas because of our lack of industry. There currently exists no plan from federal government or state government to address any of these issues (haven’t even mentioned green and red tape). That goes for both major parties. If such a plan was implemented yesterday, it’ll take 5-6 years for results to be in full swing, by which time the opposing political party could get in. And if the policy differences between parties are still so vast, it all gets undone because of envy, which is kind of what underlies Marxism. Which means businesses just find government too unreliable. Federally, can sum up the last 3 years with the voice, and amended tax bracket adjustment, plus an attempt to tax grab unrealised capital gains in super, devastating cost of living issues due Covid policies, and unchecked NDIS. We have an energy minster that deals in misinformation about our energy grid at the same time as the political class seek to introduce a misinformation bill, within which politicians, legacy media and academia are exempt from punishment. State level, well, health care systems are a bit of a basket case, especially emergency medicine and mental health, urban planning and zoning red and green tape, Victoria is bankrupt, increased land taxes and payroll taxes on businesses and investors, cancelled the commonwealth games BUT BID TO HOST THE GAY OLYMPICS a couple of years later, and the guy who masterminded the abuse of power in the state between 2020-2022 is now in charge of youth mental health. Decisive election win in QLD, but still no vision from the winner. These are legitimate concerns for Australia. And I’m seeing business leaders starting to speak up, but the political class needs a complete clean out
@ uTube I agree with a lot of what you’ve said. The difference with Covid was that we were already short of housing and restrictions on businesses meant that houses weren’t being built as fast. Household occupants decreased too, as people who were trapped in a house with others were desperate for their own place. People’s behaviour changed. In addition, SE QLD had a lot of net migration from interstate. Introducing more immigrants and especially at such large levels has made this problem a lot worse. Now with high interest rates and such a severe shortage, and people still maxing out what they can get a loan for (which is the case at all interest rate levels), it makes it even harder to afford a house. Apartments are also expensive and are likely where first home buyers will be starting. Tax incentives to provide housing are a way to provide rentals. I’m not a fan of property investing personally, I tried it and after experiencing it, I’m not interested. The numbers don’t add up when compared to shares. I have no issue with tax deductions on income producing investments, or a CGT that is much simpler and also about the same as long term CGT in other countries. Regarding splitting CGT across spouses, I prefer the American system where household income is split between spouses, gaining both tax free thresholds, which benefits a family greatly where one parent isn’t working. The property market ebbs and flows over decades with these tax deductions in place. They don’t drive the price any differently. Many western nations are experiencing similar problems with housing and have completely different tax systems. As far as competing with investors, there is a shortage of roofs of all types. If demand for rentals is lower, rental yields are lower. Less investors buy. This can be done by cutting immigration from 1.5m over 2 years to 150k for next 2 years or by building more housing. Australia already is building huge amounts of housing right now, much of it apartments. That soaks up resources (along with government building projects). Apartments may not be what your children are interested in buying, but they are being build en masse. If immigration is cut by 90% for 2 years, and current build rate continues or accelerates, it will still take 3-4 years for housing to become more affordable. That’s how I roughly see the numbers. And as you say, Australia’s economy is two tiered and very basic. If nothing changes, we will be roasting coffee beans using solar panels and selling coffee to each other. Attacking investors isn’t the answer. There’s a massive structural problem and there needs to be less corporate tax and income tax (as well as less tax on super). There needs to be incentive for business to come to Australia. Currently our energy costs are climbing because of bad energy policy. Cheap, reliable, scalable energy is needed to power a grid that is carefully balanced at the same frequency. Intermittent energy sources cause a need for a more complicated way of managing the frequency fluctuations, making the grid more expensive to build and maintain with so much duplication and complexity. And when the current federal government lies about their tax policy on winning an election, doing the opposite of what they say and try to legislate a tax on unrealised gains, the uncertainty of government policy spooks businesses and investment. Not to mention the talent drain, due to tax or opportunities available overseas because of our lack of industry. There currently exists no plan from federal government or state government to address any of these issues (haven’t even mentioned green and red tape). That goes for both major parties. If such a plan was implemented yesterday, it’ll take 5-6 years for results to be in full swing, by which time the opposing political party could get in. And if the policy differences between parties are still so vast, it all gets undone because of envy, which is kind of what underlies Marxism. Which means businesses just find government too unreliable. Federally, can sum up the last 3 years with the voice, and amended tax bracket adjustment, plus an attempt to tax grab unrealised capital gains in super, devastating cost of living issues due Covid policies, and unchecked NDIS. We have an energy minster that deals in misinformation about our energy grid at the same time as the political class seek to introduce a misinformation bill, within which politicians, legacy media and academia are exempt from punishment. State level, well, health care systems are a bit of a basket case, especially emergency medicine and mental health, urban planning and zoning red and green tape, Victoria is bankrupt, increased land taxes and payroll taxes on businesses and investors, cancelled the commonwealth games BUT BID TO HOST THE GAY OLYMPICS a couple of years later, and the guy who masterminded the abuse of power in the state between 2020-2022 is now in charge of youth mental health. Decisive election win in QLD, but still no vision from the winner. These are legitimate concerns for Australia. And I’m seeing business leaders starting to speak up, but the political class needs a complete clean out
Joe, you are spot on about green and red tape. Builders will not commit due to compliance laws and regulations. The extension from 6 years to 10 years for builder's warranties is a major setback.
@@eh5369 by ‘rest of the stuff’ I’m referring to regulations (green and red tape), shortage of workers, inflation on building materials etc. compared to those, 6->10 years less of an issue
@jvvoid FU m o r o n. You obviously never built anything. Even motor vehicles don't have such extended warranties this long. The point is that there is a cost for builders to maintain such warranties ongoing. It also punishes the good builders and, frankly, is a contributing factor to why builders are not building at the moment. MEETING COMPLIANCE IS THE BIG PROBLEM M O R O N .. At the end of the day, the home buyer is paying for it.
I remember he wanted a $7 co payment for seeing the GP and it backfired, now we are paying a minimum $60 co payment and not one Liberal politician is using it as leverage for the next election 🤦♂️
No-one I know is so hopeless that they can't find a doctor who charges less, or bulk-bills. People blaming others for their own incompetence, as usual.
“The American people deserve to know that President Trump asked me to put him over my oath to the Constitution," said former Vice President Mike Pence. "Anyone who puts himself over the Constitution should never be president of the United States.”
@ManicMindTrick Its history but needless to say this man was involved in giving millions of dollars to Saddam Hussain's regime but it when the story broke here it was hushed very quickly and he was shuffled off to parts unknown. I will correct myself it might have been the Wheat Board, but everytime I see him reminds of how corrupt the government and media are. Nothing has changed the world over.
Don't you love how Joe literally laughs off $20 billion in lost exports for Scott's throw away line about China? I like Joe, he had potential, but like Tony somehow didn't cut it when he got there....
Again, spot on about building investment and capital gains and negative gearing. The current federal and state govts like Victoria are killing new investment.
Notice politicians don't rat on each other, scomo opened his big mouth over covid issues, cost Australia bilions in exports. Paul Keatings summary of china is awsome and correct.
DRumpf pulled out from 60 Minutes, CBS, NBC and CNBC. All with the potential to reach five times the audience than Rogan. Unlike Rogan, they'd get him to answer the tougher questions, instead of it being a puff-piece sham. Harris had the guts to front up on Fox news, the greatest scum mouthpiece in the country. Orange Turd crapping his pants too much to face up to anything real. Maybe he's also got bone spurs again.
@jvvoid BS Take your medicine. He has been on all the alphabet dinosaur shows except 60 Minutes. He had one condition for 60 Minutes ...apologise for the last interview they did with him. They accused him of lying when, in fact he was right. You are misinformed, uninformed, and just a tosser. TRUMP IS NOT AFRAID OF ANYONE. FIGHT FIGHT FIGHT!!!!! KUMULA HAS DONE HOW MANY INTERVIEWS?
@jvvoid Trump got 40M views on RUclips with Josh Rogan in one interview. Just think of it, Australia's population is 27M plus. Combine all the US Alphabet media channels audiences together, and it comes up probably 50% of that figure. Trump is too smart tosser.. Mainstream media is dead just like in Australia... Channel 9,ABC..and 10..
The only advice I’d take from Joe Hockey is on how to up my caloric intake for bulking season. He appears to have eaten himself through lapband surgery
Paul Keating left school at age14 to work for his father, Australia's greatest treasurer under the hawke government, prime minister at the age of 50yrs old. He had no lawyer credentials like this goose.
I think the US thinks it has to solve everyone else's problems, not the other way around. Trump seems to have been successful as he focuses on homegrown issues.
Property probably does need better tax concessions. But even that doesn’t make property a better investment than shares. Essentially it’s a cheap was for the government to provide rental stock instead of council housing.
Disagree Mark about 3 years being too long for Federal Parliament elections. The more the pollied know we coming with our cricket bats when they pork barrel etc etc, the better. 3 yrs between elections is fine
Joe says in one breath…” …I think he (Trump) is authentic!!!!!authenticity is the most valuable commodity….you can’t be fake…..you can’t lie…..”….then in the next sentence he say “ Trump…of course he lies about facts and figures and that sort of stuff!”………Joe! ….mate! check mating your own argument so fast!!!🤦🏻🤦🏻🤦🏻🤦🏻🤦🏻
He has a business calling on old political relationships to help introducing businesses to governments for a fat fee yep definitely not a lobbyist sure Ted 🤔 Get the feeling Mr Bouris didn’t want to ask or say anything that would upset the man so we mostly listened to him talking himself up fluffing on about what a great politician he was yep a true politician 😏
Tariffs are temp measures to encourage foreign investment into local production. They can be phased in, to allow production to transfer. Post transfer, tariffs can be rolled back. It's required to allow local production an environment to be competitive. Localising production and supply chains offsets income tax reductions. Only politicians think that higher taxes on the middle class are good
If you think that the younger generation is going to look after you fellow people in your later days … think again, you are digging yourself your own grave… the younger generations are happy to leave you as you have!
That conversation with an imaginary lady called Mary was absolutely demented. Couldn't help but imagine the looks on the poor people that had to work with this heap at the embassy's faces when he rolled this drivel out.
Aussie guy 76 age retired Thailand now great country very cheap?very happy? Joe bad politician only Business people can do a better job? Vote Trump 2024😂
I really like the way Joe explained how government policies impact, especially the part about negative gearing. I rememebr the 2014 budget well. It was a tough sell.
Proud father of daughters, proud husband to wife proud of his lesbian sister. Did a lot for women if you review policies and community initiatives. However if you read ABC, Guardian or watch the Project whilst he was in power you wouldn’t know.
![Kodak Black - Versatile 4 [Official Video]](http://i.ytimg.com/vi/VcP_1Ua__vY/mqdefault.jpg)
Diabolical, much like Australia’s bank account when JOE was treasurer
THEY SAT THEIR AND ADMITTED HOW THEY RIP THE COUNTRY OFF, AND LAUGHED ABOUT IT
@@s.brinks8440exactly
All Australia parties have mis managed the economy. Money printing to fund their insolvent budgets and pretending they are not increasing m2 inflation
Joes bank account was full though
Remember when everyone was saying we need to step up home grown production during COVID? Lets hope we get the chance to do this now that Americans have shown the way
Great interview. Well done. To both of you. JG
I actually really enjoyed that interview
Joe is very well spoken. I have to agree on his thoughts re Negative Gearing. Great discussion Mark.
Who cares what Joe thinks. why do you think we got rid of him? He is corrupt.
He voted 'against' changes to Negative Gearing when he was in the Cabinet.
It was a policy that Bill Shorten took to the election, but the dopey Aussies didn't want it.
@@Remy5569 From my understanding he voted against abolishing negative gearing entirely at that time. He isn't saying that here. Happy to be corrected!
@@Jagger8333 We concur.
WTF does Hocky know about anything?
More than you I’d comfortably suggest. What a bonehead comment.
He knows about wine.
Ñothing
Empirically that's a fair criticism
Hmm, lm no liberal voter but l think his a very decent person and knows more than l would have given him credit for..smart and decent to me.
Mark, I would love to see you do a long form podcast (1-3 hours) with the LNP/ALP leaders before the next election to better understand them as a person which I believe is more important than the 3 word slogans that get thrown around by the media at election time.
So you think Albo would last theee hours without a script ?
@@MsSilver41 We'd all fall asleep if Dutton was on, and miss most of his bullsh*t.
@@bennybpbj i agree, it would prove what pinhead Dutton would be
Mate, they are two wings of the same bird. Neither care about us.
Stop thinking they're the answer, they're not
Trump already ran the country. Where have you been?
Hockey does not know shit.
uh no. he was puppeted like every other useless leader of your corporate fictional cuntry 😂😂
Yeah, he's just a nice guy with a great sense of humour. Even if you don't support his side (especially Abbott) its hard not to like Hockey.
Abbott skullf'd the NBN, 2024 we're still paying the price for he helping out his old mate Murdoch.
You have to move on from the 1980s
@@Bluepilled-c5t We're trying to but the download is taking too long. NBN bros.
@@Fordtrain murdoch is as woke as anyone these days. New democrats are the old republicans. You missed the switch. You’re still in dial up era, never mind broadband.
Great interview. Much respect for Joe Hockey.
I think Hockey is dead right on much of the stuff (doubling of tax incentives for new builds, China, understanding appeal of Trump) but think he’s off the mark on economic policy including tax cuts of Trump and his running mate JD Vance. Those are very positive. Combined with the team of former democrats around him, and Elon.
Mate, you don't understand anything about a countries financial obligations, Hockey said that if america loses the reserve currency of the world they are f....ed. Sooner or later you have to pay your debts..if there was any way china or Russia could make America lose the world's reserve currency they would or will and America is totally bankrupt and if trump does what he says then trump will be china's greatest asset for many generations.. the American empire white anted from within. It would be trumps greatest bankruptcy by a billion billion times.
He keeps his promises
Mainstream Media twists & takes everything out of context unfortunately
He has one term & his VP will be a brilliant president for 2028
I don’t live in the states🇺🇸 but the world needs someone that can’t be bought. Same as Elon Musk, JD Vance, Tulsi Gabbard & JFK. This is a powerful team!
You have been seduced by a cult whose only concern is enriching the billionaire class. Not that the Democrats are any better these days being corporate hacks. Trump is the cult leader, Vance is the religious zealot, Elon is the financial backer who is completely in it for himself and JFK is the policy man who I actually believe has good intentions in his own way. I actually don't think that Trump will be as bad an everyone says because I don't think he even cares about anything but winning, but Vance would be a disaster in 2028. Vance has no charisma, but he is an ideologue. Elon will get pushed aside as soon as Trump is sick of him and no longer needs him and Trump and JFK will probably fall out at some point.
Great interview…..loved it 👍
If I am not mistaken Joe Hokey lives in Hunters Hill Council. Hunters Hill Council chose not to combine with other councils in order to reduce costs. The people of Hunters Hill Council backed this position.
Hunters Hill Council is also full of lawyers so if you do the wrong thing you or the Council will get sued.
Joe says people should take on more risk. Well being a lawyer himself might help him analyse the risk more cheaply and defend himself against that risk. So asking people who are not lawyers to take on more risk is too harsh.
People around here (rural area) take risk, they ignore council and go ahead and do things, if they notice you deal with it then. Go to council you are asking for problems.
Australia is the no risk country, and it’s ruining the place with regulation. Only the UK is worse than us.
The Libs backstabbed Abbott and Hockey...
They were incompetent
Mr Hockey was my fav Minister, as a Uni student, he was likeable, optimistic and aspirational that I felt hopeful that my hard work would find opportunity. Sad state today feelings of pessimism and helplessness, the Gov today has done NOTHING to support entrepreneurship or small business.
If you're anything but hopeless you can get a small business up and running with plenty of govt support. Or you can whinge and moan that everything isn't handed to you on a plate.
@ Have you applied for a biz loan? Have you read and understand the multiple changes to legislation cutting biz off at the knees? Gov grants token gestures limited to specific bs sectors. SMEs that actually produce real jobs by individuals backing themselves, taking the risk to have a go are treated like rubbish. I want to make sure next gen has a chance.
@@Rojosi Yes, and it's not as bad as you say.
This guy doubled the federal debt while boasting about making tough calls others wouldn't, and made the ones with least agency suffer the most for it. Pos
The deficit was a structural hangover from the GFC, the situation was similar for all nations in this time period. You're disingenuous or naive, neither is admirable.
@@tbone5654 Deluded, Millions of $$$ in stimulus was bs, proven so
@@tbone5654 So their government promised to deliver a surplus either way right? But they cut the carbon tax and lost $7.6 billion. Then first order of government was to launch the royal commission into unions which cost $46 million and recovered $500 in fines. They put us in to a $48.5 billion deficit and labor left it in $18.5 b. They then had no other option but to cut health, welfare and education to appease the corporate donors. Do you remember Matthias corman and hockey smoking cigars on the balcony when they did this? Complete incompetence
@@tbone5654 So their government promised to deliver a surplus either way right? But they cut the carbon tax and lost $7.6 billion. Then first order of government was to launch the royal commission into unions which cost $46 million and recovered $500 in fines. They put us in to a $48.5 billion deficit and labor left it in $18.5 b. They then had no other option but to cut health, welfare and education to appease the corporate donors. Do you remember Matthias corman and hockey smoking cigars on the balcony when they did this? Complete incompetence
It was needed at the time and if there is one thing that stands out about him is his honesty.. Not like the Muppets in Gov't today
Thank you , I've enjoyed this interview.
Great interview Mark. I love the explanation around Mary from Milwaukee - it sensibly explains a lot surrounding Trump’s popularity in middle America.
Basic economic knowledge, history, and their own eyes also explains Trump’s popularity
Harris seems to have a Pollyanna policy , no substance but lots of joy will fix everything .
@@NoRegertsHere Basic economic knowledge hahahaha. Being uneducated and paranoid explains 99% of DRumpf's popularity.
Joe’s comment on housing subsidies for investors are clearly coming from someone who owns housing assets rather than those in the millennial and Gen Z cohorts who are yet to enter the market.
He fails to acknowledge that the CGT discount that Howard gave us in 1999 saw Australians start to view housing as an investment commodity and saw negative gearing become much more worthwhile.
What “the market” has done since this time has enriched investors through non-productive house price inflation that has now ensured that households on average incomes cannot afford to buy an average house. We’ve effectively created a class divide between the owners of housing and those who rent. The only feasible way for young people to now enter the market is to have chosen their parents well with the bank of mum and dad becoming a dominant lender. So inequality has become a big feature of our once egalitarian society.
Australia has been achieving progressively lower productivity for a decade and a half because our banks predominantly lend for housing rather than for productive businesses that will make Australia more innovative and help us to produce products and services that we can sell to the world.
The CGT discount mimics the previous system it replaced (that removes inflation from the gain), but it’s much simpler to administer. Same discount applies to shares too. For the same reason- to remove inflation from the gain so that tax isn’t paid on inflation.
Housing affordability mainly driven by immigration when Australia was already 2 years behind building enough accommodation, with much of it being apartments in major cities.
If someone isn’t considering that in their position, it’s a flawed position.
It’s a good point about banks favouring housing over business loans, but Australia isn’t a fertile place for business. High taxes and regulation.
A software engineer gets $200k after tax. In nearby jurisdictions, it would cost the business maybe $250k to employ that person, then on profit they’d pay 15% tax.
In Australia, it would cost $330k in wages, $30k in super (30% of which is taxed with div293 tax), $20k in payroll tax that goes to state governments, which is $380k. Plus work cover insurance etc, plus 30% on any profit.
Depreciation laws are different and much less favourable in Australia also.
@ Thanks for the really informative response. You’ve highlighted some of the flaws in the structure of the Australian economy.
For me having some of the most expensive housing in the world is at the heart of our problems. Australia has to pay some of the highest wages in the world simply because citizens could afford neither rent nor a mortgage without those wages. Data from Digital Finance Analytics consistently shows significant numbers of Aussies spend well in excess of the 30% of disposable income that signals financial stress to manage their housing costs. And we are a consumer based economy, so what happens to all of the businesses that need Australians to have discretionary income to buy goods and services from them?
Australia wallows well down the global list (87th) in terms of economic complexity. Sitting between Uganda and Burkina Faso we more closely resemble an emerging market economy from the global south than the 13th largest economy in the world. That’s what happens when you run a houses and holes economy.
Remember in 2015, when Turnbull introduced the National Innovation and Science Agenda which was going to incentivise and reward innovation, entrepreneurship and risk-taking. What happened to that? What happened was lazy government. We are too lazy to add value to our economy in a country that is sitting on nearly every resource (apart from oil) that the world needs, a country swimming in energy - both fossil fuel and renewable, a country which has brilliant innovators, most of whom sell their ideas to overseas interests.
You say housing affordability is based on immigration. Yes the ridiculous level of immigration that has occurred in the last two years has caused problems - mainly for rental affordability. We ran a live experiment over COVID. We had zero immigration for two years and from 2020 through to 2022 we had the largest growth in housing prices in Australia’s history. In fact while we depopulated house prices doubled where I live in SE Qld and my kids are now locked out of buying a house. So your thesis about the connection between immigration and housing affordability is flawed. House prices and other asset prices are driven by two factors - liquidity and interest rates.
Your point about the CGT discount mimicking the indexation taxation method that was used for taxation of capital gains on assets pre-1999 is not really correct. An indexation factor based on inflation was applied to the cost base of the asset to reduce the size of the capital gain and therefore the tax paid on that gain. If you go to the ATO website you can see the formula and worked examples. The discounts achieved were nowhere near the 50% discount of the 1999 law. It was the 1999 CGT changes that made negative gearing worthwhile. Tax could be saved on wage income based on holding cost losses for an investment, knowing that when time came to sell the asset half of the CG would be discounted and then the gain would usually be split between husband and wife who each paid their marginal rate of tax on this adjusted income. How can first home buyers compete with investors who are subsidised?
@.uTube
I agree with a lot of what you’ve said.
The difference with Covid was that we were already short of housing and restrictions on businesses meant that houses weren’t being built as fast. Household occupants decreased too, as people who were trapped in a house with others were desperate for their own place. People’s behaviour changed.
In addition, SE QLD had a lot of net migration from interstate.
Introducing more immigrants and especially at such large levels has made this problem a lot worse.
Now with high interest rates and such a severe shortage, and people still maxing out what they can get a loan for (which is the case at all interest rate levels), it makes it even harder to afford a house. Apartments are also expensive and are likely where first home buyers will be starting.
Tax incentives to provide housing are a way to provide rentals. I’m not a fan of property investing personally, I tried it and after experiencing it, I’m not interested. The numbers don’t add up when compared to shares.
I have no issue with tax deductions on income producing investments, or a CGT that is much simpler and also about the same as long term CGT in other countries.
Regarding splitting CGT across spouses, I prefer the American system where household income is split between spouses, gaining both tax free thresholds, which benefits a family greatly where one parent isn’t working.
The property market ebbs and flows over decades with these tax deductions in place. They don’t drive the price any differently. Many western nations are experiencing similar problems with housing and have completely different tax systems.
As far as competing with investors, there is a shortage of roofs of all types. If demand for rentals is lower, rental yields are lower. Less investors buy. This can be done by cutting immigration from 1.5m over 2 years to 150k for next 2 years or by building more housing. Australia already is building huge amounts of housing right now, much of it apartments. That soaks up resources (along with government building projects). Apartments may not be what your children are interested in buying, but they are being build en masse.
If immigration is cut by 90% for 2 years, and current build rate continues or accelerates, it will still take 3-4 years for housing to become more affordable. That’s how I roughly see the numbers.
And as you say, Australia’s economy is two tiered and very basic. If nothing changes, we will be roasting coffee beans using solar panels and selling coffee to each other.
Attacking investors isn’t the answer. There’s a massive structural problem and there needs to be less corporate tax and income tax (as well as less tax on super). There needs to be incentive for business to come to Australia.
Currently our energy costs are climbing because of bad energy policy. Cheap, reliable, scalable energy is needed to power a grid that is carefully balanced at the same frequency. Intermittent energy sources cause a need for a more complicated way of managing the frequency fluctuations, making the grid more expensive to build and maintain with so much duplication and complexity.
And when the current federal government lies about their tax policy on winning an election, doing the opposite of what they say and try to legislate a tax on unrealised gains, the uncertainty of government policy spooks businesses and investment.
Not to mention the talent drain, due to tax or opportunities available overseas because of our lack of industry.
There currently exists no plan from federal government or state government to address any of these issues (haven’t even mentioned green and red tape). That goes for both major parties.
If such a plan was implemented yesterday, it’ll take 5-6 years for results to be in full swing, by which time the opposing political party could get in. And if the policy differences between parties are still so vast, it all gets undone because of envy, which is kind of what underlies Marxism. Which means businesses just find government too unreliable.
Federally, can sum up the last 3 years with the voice, and amended tax bracket adjustment, plus an attempt to tax grab unrealised capital gains in super, devastating cost of living issues due Covid policies, and unchecked NDIS. We have an energy minster that deals in misinformation about our energy grid at the same time as the political class seek to introduce a misinformation bill, within which politicians, legacy media and academia are exempt from punishment.
State level, well, health care systems are a bit of a basket case, especially emergency medicine and mental health, urban planning and zoning red and green tape, Victoria is bankrupt, increased land taxes and payroll taxes on businesses and investors, cancelled the commonwealth games BUT BID TO HOST THE GAY OLYMPICS a couple of years later, and the guy who masterminded the abuse of power in the state between 2020-2022 is now in charge of youth mental health.
Decisive election win in QLD, but still no vision from the winner.
These are legitimate concerns for Australia. And I’m seeing business leaders starting to speak up, but the political class needs a complete clean out
@ uTube
I agree with a lot of what you’ve said.
The difference with Covid was that we were already short of housing and restrictions on businesses meant that houses weren’t being built as fast. Household occupants decreased too, as people who were trapped in a house with others were desperate for their own place. People’s behaviour changed.
In addition, SE QLD had a lot of net migration from interstate.
Introducing more immigrants and especially at such large levels has made this problem a lot worse.
Now with high interest rates and such a severe shortage, and people still maxing out what they can get a loan for (which is the case at all interest rate levels), it makes it even harder to afford a house. Apartments are also expensive and are likely where first home buyers will be starting.
Tax incentives to provide housing are a way to provide rentals. I’m not a fan of property investing personally, I tried it and after experiencing it, I’m not interested. The numbers don’t add up when compared to shares.
I have no issue with tax deductions on income producing investments, or a CGT that is much simpler and also about the same as long term CGT in other countries.
Regarding splitting CGT across spouses, I prefer the American system where household income is split between spouses, gaining both tax free thresholds, which benefits a family greatly where one parent isn’t working.
The property market ebbs and flows over decades with these tax deductions in place. They don’t drive the price any differently. Many western nations are experiencing similar problems with housing and have completely different tax systems.
As far as competing with investors, there is a shortage of roofs of all types. If demand for rentals is lower, rental yields are lower. Less investors buy. This can be done by cutting immigration from 1.5m over 2 years to 150k for next 2 years or by building more housing. Australia already is building huge amounts of housing right now, much of it apartments. That soaks up resources (along with government building projects). Apartments may not be what your children are interested in buying, but they are being build en masse.
If immigration is cut by 90% for 2 years, and current build rate continues or accelerates, it will still take 3-4 years for housing to become more affordable. That’s how I roughly see the numbers.
And as you say, Australia’s economy is two tiered and very basic. If nothing changes, we will be roasting coffee beans using solar panels and selling coffee to each other.
Attacking investors isn’t the answer. There’s a massive structural problem and there needs to be less corporate tax and income tax (as well as less tax on super). There needs to be incentive for business to come to Australia.
Currently our energy costs are climbing because of bad energy policy. Cheap, reliable, scalable energy is needed to power a grid that is carefully balanced at the same frequency. Intermittent energy sources cause a need for a more complicated way of managing the frequency fluctuations, making the grid more expensive to build and maintain with so much duplication and complexity.
And when the current federal government lies about their tax policy on winning an election, doing the opposite of what they say and try to legislate a tax on unrealised gains, the uncertainty of government policy spooks businesses and investment.
Not to mention the talent drain, due to tax or opportunities available overseas because of our lack of industry.
There currently exists no plan from federal government or state government to address any of these issues (haven’t even mentioned green and red tape). That goes for both major parties.
If such a plan was implemented yesterday, it’ll take 5-6 years for results to be in full swing, by which time the opposing political party could get in. And if the policy differences between parties are still so vast, it all gets undone because of envy, which is kind of what underlies Marxism. Which means businesses just find government too unreliable.
Federally, can sum up the last 3 years with the voice, and amended tax bracket adjustment, plus an attempt to tax grab unrealised capital gains in super, devastating cost of living issues due Covid policies, and unchecked NDIS. We have an energy minster that deals in misinformation about our energy grid at the same time as the political class seek to introduce a misinformation bill, within which politicians, legacy media and academia are exempt from punishment.
State level, well, health care systems are a bit of a basket case, especially emergency medicine and mental health, urban planning and zoning red and green tape, Victoria is bankrupt, increased land taxes and payroll taxes on businesses and investors, cancelled the commonwealth games BUT BID TO HOST THE GAY OLYMPICS a couple of years later, and the guy who masterminded the abuse of power in the state between 2020-2022 is now in charge of youth mental health.
Decisive election win in QLD, but still no vision from the winner.
These are legitimate concerns for Australia. And I’m seeing business leaders starting to speak up, but the political class needs a complete clean out
"stagnant market economy".
Joe, you are spot on about green and red tape. Builders will not commit due to compliance laws and regulations. The extension from 6 years to 10 years for builder's warranties is a major setback.
Extension of warranty less of an issue than the rest of the stuff.
@NoRegertsHere not If you are the builder... big difference
@@eh5369 by ‘rest of the stuff’ I’m referring to regulations (green and red tape), shortage of workers, inflation on building materials etc. compared to those, 6->10 years less of an issue
If you're doing a good job then extending warranty period costs you ZERO. Not a major setback.
@jvvoid FU m o r o n.
You obviously never built anything. Even motor vehicles don't have such extended warranties this long. The point is that there is a cost for builders to maintain such warranties ongoing. It also punishes the good builders and, frankly, is a contributing factor to why builders are not building at the moment. MEETING COMPLIANCE IS THE BIG PROBLEM
M O R O N .. At the end of the day, the home buyer is paying for it.
TEAM TRUMP ♥️🇺🇸 And Joe Hockey is a good bloke 🇦🇺
I remember he wanted a $7 co payment for seeing the GP and it backfired, now we are paying a minimum $60 co payment and not one Liberal politician is using it as leverage for the next election 🤦♂️
No-one I know is so hopeless that they can't find a doctor who charges less, or bulk-bills. People blaming others for their own incompetence, as usual.
Politics and business shouldn’t mix that is when corruption happens. IMO
Last 4 years have been diabolical
There's going to be big trouble in America no matter who wins
Harris is not the sharpest pencil in the box! Her elevator doesn't go to the top! Vote RED! ❤❤❤
“The American people deserve to know that President Trump asked me to put him over my oath to the Constitution," said former Vice President Mike Pence. "Anyone who puts himself over the Constitution should never be president of the United States.”
100%
He's part of the swamp.
Whos part of the swamp, not details no nothing.
Ask Joe Hockey about the Aust Wool Board
Exactly. Not going to happen in a puff piece like this.
As a non australian I have no clue. Care to lay it out?
@ManicMindTrick Its history but needless to say this man was involved in giving millions of dollars to Saddam Hussain's regime but it when the story broke here it was hushed very quickly and he was shuffled off to parts unknown. I will correct myself it might have been the Wheat Board, but everytime I see him reminds of how corrupt the government and media are. Nothing has changed the world over.
Don't you love how Joe literally laughs off $20 billion in lost exports for Scott's throw away line about China?
I like Joe, he had potential, but like Tony somehow didn't cut it when he got there....
Who cares. Scott Morrison had integrity. Australia is reliant on one country called China. What a position to be in.
Again, spot on about building investment and capital gains and negative gearing. The current federal and state govts like Victoria are killing new investment.
Yeah, it's not the LNP and Greens blocking housing legislation. Thanks for clearing that up, gaslighting dufus.
Notice politicians don't rat on each other, scomo opened his big mouth over covid issues, cost Australia bilions in exports. Paul Keatings summary of china is awsome and correct.
State premiers destroyed the country though.
Paul Keating's a dinosaur now. A has-been. All he is just a gutless bully and fool these days.
@@erroreliminator2.076 Keating would still be able to intellectually kick your sorry arse to the kerb.
You want your Priminister to shut up over Covid origins. You are definitely a coward.
Let’s hope they get it right.
Love Jo hard man from the Howard era
Joe did a great job on the podcast. But he might have to get another job to buy a weather resistant car. 😂
DJT media strategy is going on major podcasts like Josh Rogan (40M plus views), where Kumala won't appear on.
DRumpf pulled out from 60 Minutes, CBS, NBC and CNBC. All with the potential to reach five times the audience than Rogan. Unlike Rogan, they'd get him to answer the tougher questions, instead of it being a puff-piece sham. Harris had the guts to front up on Fox news, the greatest scum mouthpiece in the country. Orange Turd crapping his pants too much to face up to anything real. Maybe he's also got bone spurs again.
@jvvoid BS
Take your medicine. He has been on all the alphabet dinosaur shows except 60 Minutes. He had one condition for 60 Minutes ...apologise for the last interview they did with him. They accused him of lying when, in fact he was right.
You are misinformed, uninformed, and just a tosser. TRUMP IS NOT AFRAID OF ANYONE.
FIGHT FIGHT FIGHT!!!!!
KUMULA HAS DONE HOW MANY INTERVIEWS?
@jvvoid Trump got 40M views on RUclips with Josh Rogan in one interview. Just think of it, Australia's population is 27M plus. Combine all the US Alphabet media channels audiences together, and it comes up probably 50% of that figure.
Trump is too smart tosser..
Mainstream media is dead just like in Australia... Channel 9,ABC..and 10..
My first Australian podcast…interesting
The only advice I’d take from Joe Hockey is on how to up my caloric intake for bulking season. He appears to have eaten himself through lapband surgery
Shrek is back. Have a look at this mob. You wouldn’t give em a piggy bank to manage.
Paul Keating left school at age14 to work for his father, Australia's greatest treasurer under the hawke government, prime minister at the age of 50yrs old. He had no lawyer credentials like this goose.
The recession we had to have.
Also a type of politician that doesn’t exist in the Labor party these days. I hope you aren’t voting nostalgically
@@NoRegertsHereSo True
He's a has-been. Dinosaur dogmatic lunatic. Still a socialist unionist bully.
@@NoRegertsHere No, the ALP has moved on. It's the Libs that get the nostalgia vote.
Hockey spiel about conviction pretty much explains why he never went for pm and how much he understands kamala position.
Corporations are in lockstep with Government.They suck up to the superfunds.
Me thinketh he appears to be a pretty., straight up.......guy!@?😉
P.S. Great to see the subscriptions growing!!!😁
Trump !?
Polite to people ???
You're kidding ?
RIGHT ? ? ?
1500/hr is criminal.
Joe has drunk the Kool aid 😱
I just remember Joe Hockey in power with his snout fimly planted in the taxpayer troughs . Wouldn't spit on him.
The only thing Joe said about trump that i agree with is that if trump gets in things will become "diabolical"
I think the US thinks it has to solve everyone else's problems, not the other way around. Trump seems to have been successful as he focuses on homegrown issues.
Trump 2024
Shrek talks about tax in shares being better than in Property, yet he did SFA to change it when in Govt or as Treasurer! A policy flop
Property probably does need better tax concessions. But even that doesn’t make property a better investment than shares. Essentially it’s a cheap was for the government to provide rental stock instead of council housing.
@@jvvoid thanks for your opinion 👍🏿
Disagree Mark about 3 years being too long for Federal Parliament elections. The more the pollied know we coming with our cricket bats when they pork barrel etc etc, the better. 3 yrs between elections is fine
Joe says in one breath…” …I think he (Trump) is authentic!!!!!authenticity is the most valuable commodity….you can’t be fake…..you can’t lie…..”….then in the next sentence he say “ Trump…of course he lies about facts and figures and that sort of stuff!”………Joe! ….mate! check mating your own argument so fast!!!🤦🏻🤦🏻🤦🏻🤦🏻🤦🏻
Like George Gallway say's both parties, different cheeks of the same arse hole
Joe might have been a reasonable fellow but with the Abbott Legacy. >. Not the happy go lucky country
He has a business calling on old political relationships to help introducing businesses to governments for a fat fee yep definitely not a lobbyist sure Ted 🤔
Get the feeling Mr Bouris didn’t want to ask or say anything that would upset the man so we mostly listened to him talking himself up fluffing on about what a great politician he was yep a true politician 😏
He only Flys on Hollograms
He’s very natural and relatable with excellent insights
Tariffs are temp measures to encourage foreign investment into local production.
They can be phased in, to allow production to transfer.
Post transfer, tariffs can be rolled back.
It's required to allow local production an environment to be competitive.
Localising production and supply chains offsets income tax reductions.
Only politicians think that higher taxes on the middle class are good
Fatso stole the idea of negative gearing new houses, It was Shortens brainchild.
The gaslights are on .
The light on the hill is nowhere to be seen here.
Fantastic, first time listener will be spreading the word. Well done gentlemen !
who is this guy
If you think that the younger generation is going to look after you fellow people in your later days … think again, you are digging yourself your own grave… the younger generations are happy to leave you as you have!
So in the first minute you say that it’s when you make money in the next breath it’s about the Australian public. What a load of rubbish.
Vet gat Joe Focky, slick and sly...
Hows the lobbyist business going Joe
Come back to parliament Joe. We need your experience and expertise mate!
Just another grifter
Thanks Joe, but are you sure you weren't hit with a hockey puck to the head, because you are so wrong?
That conversation with an imaginary lady called Mary was absolutely demented. Couldn't help but imagine the looks on the poor people that had to work with this heap at the embassy's faces when he rolled this drivel out.
Great interview
Intelligent decent politicians lacking in 2024
Harris couldn’t run a chook raffle. Get off msm.
Great, a publicity puff piece for Hockey. Mates pissing in each others pockets! Very poor effort here!
👏👏👏
Aussie guy 76 age retired Thailand now great country very cheap?very happy? Joe bad politician only Business people can do a better job? Vote Trump 2024😂
How could a career politician even entertain the idea that Harris is in any way competent to hold the highest office?
A great interview & it was enough to change my perceptions to the positive on Joe Hockey‼️
I hope I age like Hokey and not like Mark. Jeez! He looks like he's been at sea most of his life!
5 out of 100? try 90 out of 100. the 10 left are the dumbest among them 😂😂
This is a corrupt guy with no credibility. Poor choice of person to interview. Will not be watching past the 5 sec mark.
Then you are you taking more than 5 seconds to comment.
Joe Hocking? Who?
Nah a women will go in and not tell you.
I really like the way Joe explained how government policies impact, especially the part about negative gearing.
I rememebr the 2014 budget well. It was a tough sell.
Because it was crap.
More Joe Hockeys & less Leaners !!
Another comment from the problem, not the solution.
Worst treasurer we ever had
Abbot was a misogynist, he wanted to take women back to the 1950s, but then how would 2 dinosaurs know 🤦♀️
Take your medicine.
Abbott, ow, our last lawful priminister...
bullshit
Proud father of daughters, proud husband to wife proud of his lesbian sister. Did a lot for women if you review policies and community initiatives.
However if you read ABC, Guardian or watch the Project whilst he was in power you wouldn’t know.
@@motorsportfreak1 Spot On
Remember when Joe tried to eat himself to death? Close but not close enuff bro🤣
Why would anyone interview or take advice from a failed treasurer
Polite??????????????
Joe hockey is a joke! Go back and mind your small business and let the Australian people decide what they want to do!
Grubament
Jo’s a great guy. ❤
Why listen to this total FW 🤬
I do not agree with Joe hockey
Couple of irrelevant back slappers.
Hockey was a disgrace as Treasurer. "Poor people dont own cars." He knows nothing.
"Trump has a very curious mind " - says Joe. Maybe that's because he does not know very much. Like most American citizens, Trump is quite ignorant.
So HARRIS has only one policy for the future of the US which deals with abortion.
Another MAGA moron who can't even google anything except Orange Turd saviour.