They are all currupt and far too busy deceiving Australians and trying to pass the mis/Misinformation bill 2024. They don't want to hear our opinions or even allow Aussies to have a conversation anymore. Make no mistake, this bill, if passed, targets our right to freedom of speech and they are attempting to fly through under the radar and don't want to allow a public hearing into the bill! I don"t think there's a better way fot them to show us exactly who they are and what the real agenda of this bill is! The deadline for submissions to oppose the Bill is sept 30. Make your submission (aph website...very easy) or be silenced by the very members and senators (who have a sworn duty to represent the ppl btw) that are one step away from giving themselves the power to shut down your voice because they don't believe Aussies have the intellectual ability to decide for ourselves what is fact or what is fiction.
He has been in Politics for over Two Decades, Still has not learnt that Telling People Lies sends Many People Off Their Nut. One of the Poorest of The Poor.
Government doesn’t spend anywhere near 7 billion on anything indigenous. First, get your facts right, then make your ignorant, racist and rather jealous comments
Submissions to the senate to opppse the mis/Disinformation bill 2024 close September 30. Easy to email a submission. Alananese and whoever comes next will dodge questions forever and you won't be able to say a darn thing about it if the censorship bill passes. Aph website. Tell them to stick their censorship campaign where the sun don't shine.
We only have till September 30 to make submissions to oppose the mis/Disinformation bill 2024. Please make a short submission and tell them where to stick their censorship campaign.
I don’t have investment house, but this is a very bad for the Labor to sneak in the negative gearing. The Labor has a bad habit to sneak in the refugees from Gaza without checking them properly and releasing illegal criminals on the streets.
@@brenencrozier1045 so a rich guy said something publicly more than once. That is the level of proof you need. It's almost as if you guys come out of the woodwork just to say things that confirm you're not very intelligent.
@@JoyMartin-rk4pm yeah yeah yeah.... I'm a 'sheep' and all the rest of the crap you clowns usually say. My eyes are well and truly open to the many horrible things happening in this world, and I don't need to make up conspiracy theories to add to it. There's already enough
We do, 8000 more of them than 2yrs ago, guess who employed them? He wants them to think of more ways to take money off you and fund more Public servants. Perpetual motion machine
Labor finally found someone else to blame rather than the previous administration! So with the bureaucracy having so much free time to do work that they were not asked to conduct, is there to many people in the department to process the work efficiently? Or did they let slip that it was the bureaucracy that sets a political party's policies? Could it also be why Albo sold his rental property?
This has been labor /grubby greens PEDS policy before Labor was elected, it’s not just on a investment property it’s the capital gains on the family home as well , including inheritance tax
"To examine issues that are being speculated about in the public", really Jim? Why would the public be talking about scraping negative gearing, just admit you are the instigator. Running out of money to spend are we Jim?
Australia should ditch NG and do what the US does, make the interest on your residence deductible from your personal income tax. Encourages and rewards home ownership and stops treating housing as a business investment
While pollies own numerous houses, this will never occur. I'd be happy with cancelling negative gearing after several houses, or make it inline with the number of children you have.
Main issue is renting, most rentals are negative geared and people in them would be homeless without it. Are you voting for more homeless and record homeless immigration?
@@bushmagpie3312 That doesn't make sense. They don't bull doze houses just because the owner decides he can't afford them without NG. To clarify for the shallow minded - you wouldn't bring in a policy like this overnight. The end result would be very affordable housing for everyone.
@@DuckDonald44 how is affordable housing going to be created when we have immigration twice the houses constructed? Housing construction needs to exceed population growth and immigration levels. This will bring prices therefore negative gearing is not worth investing in because you get back 30% of your expenses. Negative gearing bill is redundant and won’t make any difference. Increase construction and lower immigration.
Everyone seems to ignore the fact that Albanese is so arrogant and completely convinced of his absolute importance, and what he says is going to be reality because HE SAYS!!
Our currency is being debased,and we are not getting fair royalties for the sale of our resources.fix these two problems first and the other problems fix themselves
This is what happens when you put the most left wing government in Australia's history into power. Ineptitude, woke politics and a Treasurer that has NFI what he is doing. And a bumbling pitiful of an excuse of a PM that has lost the trust of the Australian people.
Negative gearing means IP owners are loosing money, removing it only push the rents higher. Government tried removing it in 80’s and failed miserably. There are 2.2M IP owners out of which 1.1M filed for negative gearing and claimed $2.7 in FY23. This means approximately $2.5K is the average return for the investors. This is insignificant considering IP owners associated risks. Housing problems needs a strong n structural reforms and cutting red tape within the approval process and aids to housing. Political parties should stop blaming IP owners as they are part of the housing solution, government can only provide few thousand houses.
Albonese has to stay..... For a while,the hatred,disbelief, bewilderment we have for this government needs to grow to a position where the replacement has a good majority and can reverse this catastrophe of a government.If Albonese wasn't so arrogant he'd have called an election already,bit of patience required and a Labor annihilation!
Isn’t that what usually happens, the coalition fixing up Labor’s spending/mistakes. Seriously if I were the University of Syd, I would be looking to cancel Albanese’s degree Bachelor of Economics, he quite obviously missed some of the lectures 🤔
After watching the interview of Shadow Housing Minister Michael Sukkar on Sky News Australia who mentioned Vanguard and Blackstone as future owners of rental stock in Australia, the picture is crystal clear: Vanguard and Blackstone are huge corporations that do not need negative gearing. However, small property investors cannot survive without negative gearing. Therefore, abolishing negative gearing would remove all competition for Blackstone and Vanguard. Eventually, there would be only Vanguard and Blackstone rental stock. As a result there also would be a huge reduction in tax revenue because large international corporations evade paying tax.
Hope they look at, profit free organisations. So many companies making huge profit, paying high ceo wages and creating huge infrastructure and yet not paying any tax. Profit free organisations need to be run by unpaid volunteers and only have infrastructure thats government / donation funded.
This is why getting rid NG failed dismally last time. The numbers they are crunching to be sure is how far they can go without crashing the market and their vote. The window to introduce this before the election is closing. They are truly between a rock and a hard place with the Greens and their housing bill. Without changes to NG and capital gains the Greens wont support it. With it they lose the election. Guaranteed. No nuclear or poor economic record required. My guess is their housing bill will quietly disappear prior to the election.
Not really about who's fault is what. But it could cost the government in revenues in other areas, such as stamp duty etc. And screw up their falsely inflated gdp figures. Bit harder to hide the fact we are in a recession if that happened.
Controlling negative gearing has always been used to balance out the housing market. We have a housing crisis part of that is a rental crisis not enough rentals and absurd rent prices. When will they pass the appropriate legislation to elevate the crisis that’s making life unbearable for the average citizen. Housing in one of the three essentials for humanity to thrive and be prosperous. If they don’t fix the problems Australia and its people are DOOMED 😢
I'm all for getting rid of negative gearing and capital gains tax discount on non primary residential properties. Let the tax system be fair, why should a worker be paying more tax than someone who is making money while they are sleeping and not contributing to society.
To have created the wealth to have purchased the property they have been taxed through their noses for years. And I’m cool with that. But you can’t continually hit financially successful people to then spend the money on wasteful areas. And that’s the issue here. Like it or not, admit it or not, these are generally the people that build businesses, grow the economy and create the prosperity that all Australians share. Don’t hate on them because they are successful.
@mudgut69 I'm not hating on them, I dont like how they setup the tax system. They incentivise property investment over business investment. People are more willing to invest in property because it gets taxed less vs businesses that produce, innovate and provide goods and services.
@@mudgut69 Many investors use the equity in one property to allow them to borrow 100% of second and subsequent properties. Those people are not creating wealth, they are riding the waves of property price increases that grow their equity while they sleep and they continue to leverage off that. Abolition of negative gearing will not stop investors offsetting investment property outgoings against rental income on positive geared or cashflow neutral investment properties. The sky is not going to fall in if NG is abolished. I'm in favour of abolishing NG, but will not vote for Labor or Greens due to all their other terrible policies and rotten politicians.
Fumbles banese ? Is that why he likes tennis ? Doesn't have to catch the ball or hold the ball, if somehow he can hit the ball over the net he can always blame "the other guy" !
What a shitshow. They just come across as completely inept liars.
Yes Albo should shut up its best to say nothing and let us think he is stupid then to say something and confirm he is stupid.
When you see albo talk the talk where were his hands holding charmers snag from the trouser pocket
Albanese is beneath contempt. Nothing he says can be trusted.
He should have resigned in disgrace after his failed referendum. The fact he has carried on is unbelievable.
They are all currupt and far too busy deceiving Australians and trying to pass the mis/Misinformation bill 2024. They don't want to hear our opinions or even allow Aussies to have a conversation anymore. Make no mistake, this bill, if passed, targets our right to freedom of speech and they are attempting to fly through under the radar and don't want to allow a public hearing into the bill! I don"t think there's a better way fot them to show us exactly who they are and what the real agenda of this bill is! The deadline for submissions to oppose the Bill is sept 30. Make your submission (aph website...very easy) or be silenced by the very members and senators (who have a sworn duty to represent the ppl btw) that are one step away from giving themselves the power to shut down your voice because they don't believe Aussies have the intellectual ability to decide for ourselves what is fact or what is fiction.
He has been in Politics for over Two Decades, Still has not learnt that Telling People Lies sends Many People Off Their Nut. One of the Poorest of The Poor.
They need more money to give away over seas
The public service is too big , needs reducing.
Canberra is a swamp😮
Needs to be reduced by 50,000 . There would still be 2 mill left to cover the cost of .
Need to get rid of all public servants. There about as useful as all the Muslim welfare cheats albo brings in
Cut down immigration and leave NG as it is.. but Labor is too woke to touch immigration
It's the Labor way . Go after the people trying to improve their financial position .
It sure is. But, people still believe that labor looks after workers and the poor not realising that what happens is the opposite to that.
How else are the nimrods going to pay for their incompetent debt both at state and federal level...
If you are doing well you are the oppressor in the Marxist playbook
😂😂😂😂
Scale back indigenous funding by 7 billion. Done.
No need to change negative gearing
Government doesn’t spend anywhere near 7 billion on anything indigenous. First, get your facts right, then make your ignorant, racist and rather jealous comments
The Labor Party Crime Syndicate just goose stepping along.
Didn’t Albo just sell his investment property
yes 😞
Yep as did Chalmers and I believe former Qld premier. So I knew housing policy was changing soon 😂
I thought it was his rear at the mardigra?..
Policy for personal profit = CORRUPTION !
oh wow, all of you make a great point. It's basically like insider trading, politicians making investment decisions before changing the policy. WOW.
Coming to take what you have worked for.
This is the same man who said he wouldn't touch the tax cuts. We all know how that turned out
Yep. $275.00 anyone?
Commies gonna commie
Only if we let them.
Answer the question Albanese, quit dodging.
Submissions to the senate to opppse the mis/Disinformation bill 2024 close September 30. Easy to email a submission. Alananese and whoever comes next will dodge questions forever and you won't be able to say a darn thing about it if the censorship bill passes. Aph website. Tell them to stick their censorship campaign where the sun don't shine.
He doesn't know. (Or doesn't want to be truthful).
Oh Magoo you've done it again !
Magoo is speaking Bowen again.
And the circus goes on and on and on.Not a clue between these clowns
We only have till September 30 to make submissions to oppose the mis/Disinformation bill 2024. Please make a short submission and tell them where to stick their censorship campaign.
Next it'll be they want our home's for migrants 😢😢😢
Only any empty bedrooms apparently .
Don't give them ideas.
For the refugees from Gaza more likely!
Only if he wants civil (or UNcivil )war
I don’t have investment house, but this is a very bad for the Labor to sneak in the negative gearing. The Labor has a bad habit to sneak in the refugees from Gaza without checking them properly and releasing illegal criminals on the streets.
Stop lying silly cent.
You must think this is America. The Donald's crap doesn't work here.
Labour's Ministers wouldn't know left from right 👍▶️😂😂😂😂😂😂😂
@@Poorlineforeva Stop being delusional
Will politicians every take theirs hands out of our pockets
Ever not every
The Green tail is clearly wagging the labor dog.
This could get interesting.
You know when Pinochionese is lying, his lips are moving.
MPs have on average at least one investment property. They all use negative gearing.
Yeah, just before the changes. Odd that isn't it.
We heard the same thing before Labor made the changes to Stage 3.
Remember, you will own nothing and be happy, unquote
How is this related to your conspiracy theory?
@@ML6103when it's been said by a very rich man in many public interviews on many occasions, it's hardly a conspiracy theory.
@@brenencrozier1045 so a rich guy said something publicly more than once. That is the level of proof you need. It's almost as if you guys come out of the woodwork just to say things that confirm you're not very intelligent.
@@ML6103 It is also not very intelligent to walk around with your eyes covered!
@@JoyMartin-rk4pm yeah yeah yeah.... I'm a 'sheep' and all the rest of the crap you clowns usually say. My eyes are well and truly open to the many horrible things happening in this world, and I don't need to make up conspiracy theories to add to it. There's already enough
😂I bet alboo and his mates will be exempt
They are exempt from the mis/dis information bill as are media and universities!
If the public service has that much spare time on their hands to look at pet socialist projects. We then we have to many public servants in Canberra.
We do, 8000 more of them than 2yrs ago, guess who employed them?
He wants them to think of more ways to take money off you and fund more Public servants.
Perpetual motion machine
The nail in the coffin for the one term disaster.
The public service are performing seals
Albanese has comprehensively failed! Time to go!
negative gearing should only be on one property, the rich getting richer on the tax payer.
Omfg. They waste billions of dollars then want to tax us more ffs. They need to go
Since when has policy been the domain of public servants?
Negative gearing should only be for brand new home
We don’t have a housing crisis, we have a migration led economic crisis. We also have a perma-political crisis.
Albanese is a one term PM boot him out at election time no room for communism here!
Fantastic
So rents go up if they do!
Fantastic so go up the Rent ?
OMFG his voice grates me .... eeerk! "Make Albo Go Away"
Albo couldn't comment on negative gearing because had to check with Penny first! 😂
More like make sure Brant is ok with it
More like the WEF.
Drain the swamp.
Sausages as Keir Starmer would say.
Is there anything Sleazy HASN’T fumbled?
Labor finally found someone else to blame rather than the previous administration! So with the bureaucracy having so much free time to do work that they were not asked to conduct, is there to many people in the department to process the work efficiently? Or did they let slip that it was the bureaucracy that sets a political party's policies? Could it also be why Albo sold his rental property?
One of politicians biggest tools in their wealth toolbox. They will never give up negative gearing ! On their multiple properties.
Why the heck has treasurer Charmers gone to China today !!??🤔🤔
Plenty of people believe negative gearing is the reason why they can't afford homes 🙄
Whoever made Jim Chalmers treasurer, may as well have put Dracula in charge of the blood bank.
Labor should change their name
Handout party
Albo’s running out of flagpoles, and they’re getting shorter all the time!
This has been labor /grubby greens PEDS policy before Labor was elected, it’s not just on a investment property it’s the capital gains on the family home as well , including inheritance tax
We have a snake for a PM.
Oh ooops, you won't be allowed to say that when his anti " freedom of speack " bill comes in.
So when it all goes arse up its the public servants fault
"To examine issues that are being speculated about in the public", really Jim? Why would the public be talking about scraping negative gearing, just admit you are the instigator. Running out of money to spend are we Jim?
Australia should ditch NG and do what the US does, make the interest on your residence deductible from your personal income tax. Encourages and rewards home ownership and stops treating housing as a business investment
They are unable to get approval for a home loan at current house prices.
Its like Australia felt it had to impersonate the USA the last couple of years. A rudderless unit.
It’s being all downhill for Albo since the Voice Referendum failed as he tried to pull the wool over the eyes of Australians.
While pollies own numerous houses, this will never occur. I'd be happy with cancelling negative gearing after several houses, or make it inline with the number of children you have.
Main issue is renting, most rentals are negative geared and people in them would be homeless without it.
Are you voting for more homeless and record homeless immigration?
@@bushmagpie3312 That doesn't make sense. They don't bull doze houses just because the owner decides he can't afford them without NG. To clarify for the shallow minded - you wouldn't bring in a policy like this overnight. The end result would be very affordable housing for everyone.
@@DuckDonald44 how is affordable housing going to be created when we have immigration twice the houses constructed?
Housing construction needs to exceed population growth and immigration levels.
This will bring prices therefore negative gearing is not worth investing in because you get back 30% of your expenses.
Negative gearing bill is redundant and won’t make any difference. Increase construction and lower immigration.
@@bushmagpie3312 I'm not here to read your babble or spell out my opinions, I'm just sharing one. If you disagree, fine, jog on mate.
@@DuckDonald44 negative gearing won’t solve problem only put people on the street and stop investment.
Bad for economy. To put in simpleton terms.
Treasure Stink Rat and little tutu prim monster are evil ,deceiving , sly and not to be trusted ever.
Just trying to stop the narrative on cost of living by throwing out something else to discuss.
Career politicians with no idea.
Ain't easy under Albasqueezey
Everyone seems to ignore the fact that Albanese is so arrogant and completely convinced of his absolute importance, and what he says is going to be reality because HE SAYS!!
Anyone else think chalmers is planning a coup and wants to run for prime minister for labour
Should have been abolished years ago..
He just adjusted his own houses and gave him self a pay rise
Our currency is being debased,and we are not getting fair royalties for the sale of our resources.fix these two problems first and the other problems fix themselves
Dementia starting to show, much like Joe a couple of years ago. 😮
I honestly believe unless you don't care for what anyone thinks or any repercussions, the stress will take a toll on them.
@@brenencrozier1045 Yes, i agree. They seem to physically age 5 years every year.
How is scrapping negative gearing going to work. Maybe more houses on the market but there will be even less rentals. Hitting the renters once again😡
Do it lets make home's affordable for the young
This is what happens when you put the most left wing government in Australia's history into power. Ineptitude, woke politics and a Treasurer that has NFI what he is doing. And a bumbling pitiful of an excuse of a PM that has lost the trust of the Australian people.
Negative gearing means IP owners are loosing money, removing it only push the rents higher. Government tried removing it in 80’s and failed miserably. There are 2.2M IP owners out of which 1.1M filed for negative gearing and claimed $2.7 in FY23. This means approximately $2.5K is the average return for the investors. This is insignificant considering IP owners associated risks.
Housing problems needs a strong n structural reforms and cutting red tape within the approval process and aids to housing. Political parties should stop blaming IP owners as they are part of the housing solution, government can only provide few thousand houses.
Crickets on the CFMEU💯🤣👹shorten jumped ship? Alby feeling lonely yet?
Albonese has to stay.....
For a while,the hatred,disbelief, bewilderment we have for this government needs to grow to a position where the replacement has a good majority and can reverse this catastrophe of a government.If Albonese wasn't so arrogant he'd have called an election already,bit of patience required and a Labor annihilation!
Isn’t that what usually happens, the coalition fixing up Labor’s spending/mistakes.
Seriously if I were the University of Syd, I would be looking to cancel Albanese’s degree Bachelor of Economics, he quite obviously missed some of the lectures 🤔
@@blacksorrento4719 that was home economics.
@@bobmaxwell9572 good one!
Beneath his status OF P.M in another lie-ing FLY-ING UNIVERSE
After watching the interview of Shadow Housing Minister Michael Sukkar on Sky News Australia who mentioned Vanguard and Blackstone
as future owners of rental stock in Australia, the picture is crystal clear: Vanguard and Blackstone are huge corporations that do not
need negative gearing. However, small property investors cannot survive without negative gearing. Therefore, abolishing negative gearing
would remove all competition for Blackstone and Vanguard. Eventually, there would be only Vanguard and Blackstone rental stock.
As a result there also would be a huge reduction in tax revenue because large international corporations evade paying tax.
Hope they look at, profit free organisations. So many companies making huge profit, paying high ceo wages and creating huge infrastructure and yet not paying any tax. Profit free organisations need to be run by unpaid volunteers and only have infrastructure thats government / donation funded.
That could crash the property market. A lot of people couldnt pay off their loans without that deduction.
Cool, let's get the defaults happening
This is why getting rid NG failed dismally last time. The numbers they are crunching to be sure is how far they can go without crashing the market and their vote. The window to introduce this before the election is closing. They are truly between a rock and a hard place with the Greens and their housing bill. Without changes to NG and capital gains the Greens wont support it. With it they lose the election. Guaranteed. No nuclear or poor economic record required. My guess is their housing bill will quietly disappear prior to the election.
Whose fault is that? You understand the definition of the word gearing, right? If an asset costs you money, you sell. It’s that simple….
Not really about who's fault is what. But it could cost the government in revenues in other areas, such as stamp duty etc. And screw up their falsely inflated gdp figures. Bit harder to hide the fact we are in a recession if that happened.
Watch the PM’s mouth, it shows his nasty demeanour.
So can we start to adjust the child support minimum and should it be a standard. Let the man make money for him self
Controlling negative gearing has always been used to balance out the housing market. We have a housing crisis part of that is a rental crisis not enough rentals and absurd rent prices. When will they pass the appropriate legislation to elevate the crisis that’s making life unbearable for the average citizen. Housing in one of the three essentials for humanity to thrive and be prosperous. If they don’t fix the problems Australia and its people are DOOMED 😢
In all honesty the housing sector is overpriced. And has been for decades.
He’s a hypocrite
Andrew Bolt is negative about everything which is not going downhill.
I'm all for getting rid of negative gearing and capital gains tax discount on non primary residential properties. Let the tax system be fair, why should a worker be paying more tax than someone who is making money while they are sleeping and not contributing to society.
To have created the wealth to have purchased the property they have been taxed through their noses for years. And I’m cool with that. But you can’t continually hit financially successful people to then spend the money on wasteful areas. And that’s the issue here. Like it or not, admit it or not, these are generally the people that build businesses, grow the economy and create the prosperity that all Australians share. Don’t hate on them because they are successful.
@mudgut69 I'm not hating on them, I dont like how they setup the tax system. They incentivise property investment over business investment. People are more willing to invest in property because it gets taxed less vs businesses that produce, innovate and provide goods and services.
@@mudgut69 Many investors use the equity in one property to allow them to borrow 100% of second and subsequent properties.
Those people are not creating wealth, they are riding the waves of property price increases that grow their equity while they sleep and they continue to leverage off that.
Abolition of negative gearing will not stop investors offsetting investment property outgoings against rental income on positive geared or cashflow neutral investment properties.
The sky is not going to fall in if NG is abolished.
I'm in favour of abolishing NG, but will not vote for Labor or Greens due to all their other terrible policies and rotten politicians.
Fumbles banese ?
Is that why he likes tennis ?
Doesn't have to catch the ball
or hold the ball,
if somehow he can hit the ball
over the net
he can always blame "the other guy" !
Cannot trust this evil bloke one whit
This guy is just an arrogant waste of space
Probably a good thing *Lucy* doesn't read his replies....
After all "he's" been through, he couldn't handle it......... 😉
Can he get any worse, the hole labor party is looking so stupid.
Keep it up till the next election.
Only problem yous are not a good government no no no
When do you know when Albo is boolshiting? ( when he's lips are moving)
Albo...my word is my bond...hahahahahahaaaaaaaa
Albanese has never been in charge, he could not lead a blind person to the nearest toilet, absolute disgrace !
Does he remember that Bill Shorten used this as an election strategy about 6 years ago and it backfired on him.
No election battle this grub is toast
Negative gearing for the family home is okay but making houses revenue is greed on steroids
Please bring on an election........ASAP!
Albo won’t bring this to the next election……Jim Charmers will….😂
Liars
albo- oh you said fix the country, not fuck it, my bad
His bloody voice is so annoying
Albonso talks alot but says nothing