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GR - if you are right ill buy you 2 beers. Dont fancy your odds though !

Seeing as we are onto guessing Illl have some fun :) My guess is June CPI figure inches up to 4.4% (up from 4.2%). There is a big fuss in the media about how it is all imported inflation due to high cost of petrol and increased costs in housing (which were caused by IR rises anyway). RBA...

Uh. Theres nothing *special* about negative gearing. It is a fundamental principle of taxation in Western countries that you only tax profits - you do not tax gross revenue. Profit is what is left over after deducting expenses. McDonalds pays tax on their profits, not on the dollar value...

I smell sockpuppet.