Search results

I did'nt think of it would happen, but looking back the last few yrs and the more I think about it, and as I look at it from the POV of "why should it happen" I'm starting to see a possibility. "Other" income is already compartmentalised so why should'nt rent be also? The hysteria is in those...

All this needs to be placed in context. If rising rates, rising inflation, rising RE prices was happening only in Australia then you can isolate events and lay blame. My recollection is it was'nt. It was global ie the whole oecd. Australia has never lead the way in hardly anything on a global scale.

I posted in another thread "You can't change economic factors for long" without paying a price for it. A cornerstone of our economic system is: An expense incurred in making income is tax deductable. If you remove this for a select group of people or situation, then our system will become...

Pickle, I remember what happened in the 80's. The numbers were vastly different, and mainly the avg personal tax rates were much higher than they are now. Lowering the income tax rate effectively also reduces the -ve gearing benefit. As was the avg interest paid by borrowers. This question...

Why would an expense in earning an income not be tax deductable? And I agree Rudd would'nt take that risk, it's much easier to levy taxes.