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  1. Rain72

    These jobs will thrive – but others may vanish

    More and more stupid irrelevant garbage responses to serious questions because the machine can't understand but can only focus on key words or phrases and regurgitate answers that do not match the question. Meanwhile people needing to earn an income are left out in the cold - people who could...
  2. Rain72

    The government has asked for bold proposals. Maybe it’s time to consider taxing the family home

    Here's a bold proposal. STOP WASTING MONEY. Stop handing billions to Aboriginal activists who refuse to even account for where the money goes (but we know it doesn't go to closing any 'gap'!). Stop throwing money at stupid impractical renewable energy projects. Cut politicians' pay and benefits...
  3. Rain72

    The government has asked for bold proposals. Maybe it’s time to consider taxing the family home

    They want 'equality', which means 'everyone must be equally poor'.
  4. Rain72

    The government has asked for bold proposals. Maybe it’s time to consider taxing the family home

    The article refers to the savings you achieve by not paying rent. In theory, if your neighbour is paying $500 per week to rent a home like yours, and you own your home, you are earning an extra $500 per week over and above whatever wages or other income you receive, and the author of the article...
  5. Rain72

    The government has asked for bold proposals. Maybe it’s time to consider taxing the family home

    Her interpretation is 100% wrong! The article is NOT about income from renting out part of your home - which is already taxed if it is truthfully declared. It's about taxing the 'imputed income' - i.e. the savings you supposedly achieve from living in a home you own instead of having to pay...
  6. Rain72

    The government has asked for bold proposals. Maybe it’s time to consider taxing the family home

    It also refers specifically to the 'imputed' income - ie. savings from not having to pay rent.
  7. Rain72

    The government has asked for bold proposals. Maybe it’s time to consider taxing the family home

    Correct. Suzanne Rose's interpretation is completely wrong. The article is NOT about income from renting out part of the home at all. It's about taxing the family home for the benefit it delivers to the occupants.
  8. Rain72

    The government has asked for bold proposals. Maybe it’s time to consider taxing the family home

    Suzanne Rose's interpretation is not correct. The article refers specifically to the pension assets test and to a 'broad based land tax'. Neither have anything to do with renting out part of the home for income.
  9. Rain72

    The government has asked for bold proposals. Maybe it’s time to consider taxing the family home

    You are not correct in your claims. The article specifically refers to the pension assets test and says homes should not be exempt. That hss nothing to do with renting out part of a home. That is punishing people for having worked hard saved well and invested their savings in a comfortable home...
  10. Rain72

    Wrong charges, right out of your wallet: Toll error hits ACT drivers

    We were sent a demand for payment of a toll for using a road enroute from Melbourne to Adelaide at a time when we were in Sydney travelling north to Brisbane. When we contested, we were sent a photo of our vehicle, but it was not towing our caravan. On checking our log books, I realised we were...
  11. Rain72

    Cost-of-living crisis hitting boomers harder than younger generations

    I want to know where the official inflation figures come from. They seem to be to be completely inaccurate. Our electricity costs have risen over 300%. Insurance and rates have risen over 20%. Food has nearly doubled.
  12. Rain72

    GST to 15%? Bold Fix or Budget Blowout in Disguise?

    $3300 now, but the imposition continues to increase with inflation. That $3300 won't go far when we are paying 15% tax on food, electricity, health insurance, doctor visits, chemist bills.... Please don't insult me by telling me ANYONE would be better off. That's just nonsense. The problem we...
  13. Rain72

    Retirement ‘Nightmare’: Why Millions of Australians Could Be Stuck Relying on the Age Pension

    Seriously? They are the second highest paid in the world and that’s just ridiculous. You don’t get better value by paying more. You get better value by selecting better. Get rid of career politicians completely. Limit all to no more than 2 terms, with no retirement benefits. We need people from...
  14. Rain72

    Retirement ‘Nightmare’: Why Millions of Australians Could Be Stuck Relying on the Age Pension

    My suggestions are to change the superannuation tax concession to a 15% discount on the marginal tax rate, saving billions currently handed to wealthy folk who don’t need it; cancel all welfare based on race completely and restructure to assess only genuine individual need and circumstance; stop...
  15. Rain72

    Retirement ‘Nightmare’: Why Millions of Australians Could Be Stuck Relying on the Age Pension

    He has not forgotte. He was never poor. His rich grandparents gave him everything. He lies.
  16. Rain72

    Retirement ‘Nightmare’: Why Millions of Australians Could Be Stuck Relying on the Age Pension

    You failed to account for concessions and for inflation. The pension increases every 6 months, while returns on investment shrink as one is forced to continually draw down on savings. Given the value of cars, furniture etc, a lot of that $600000 is not even usable either to generate income or to...
  17. Rain72

    Retirement ‘Nightmare’: Why Millions of Australians Could Be Stuck Relying on the Age Pension

    I think most folk who have properties and savings are delighted to not have to deal with Centrelink, but we need a balance. It's all too easy to say 'Oh look, he has more than me. He shouldn't get the pension'. But if he worked very had and sacrificed a great deal to try to make sure his...
  18. Rain72

    Retirement ‘Nightmare’: Why Millions of Australians Could Be Stuck Relying on the Age Pension

    Can you do basic math? Someone with $600,000 in assets has some of that in non-returning assets (car, furniture, etc). Even if the full $600,000 is invested, the return rate could be well below $30,000 per annum and you get none of the valuable concussions if you can't get a pension. Now, by...
  19. Rain72

    Backlash erupts after surprise council move leaves locals fuming

    She needs to get her head straight. It was 'Survival Day" - and they should celebrate the fact that Cook's landing meant they were not facing Dutch or Portuguese invasion; they were blessed with health care, education, and a wealth of benefits they had never accessed before, including consistent...
  20. Rain72

    Buckle up, seniors! New driving regulations could target elderly licence holders

    From my observations, it is younger drivers, and mostly women, whose driving is most likely to cause an accident. My 76 yr old husband is a skilled driver, but often has to take evasive action to avoid collision with drivers who drive too close, lane change without care, and ignore speed limits.
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