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  1. hobo-jo

    If you were PM.

    Intent. Type of use. You can claim the costs of your farm or business against the income. How come you can buy a vehicle for your farm and claim it as a cost, but I can't do the same with my personal use motorbike against my income?
  2. hobo-jo

    If you were PM.

    Family buys House 1 in Suburb A. 10 years pass and prices have doubled in Suburb A & Suburb B. Family decides they want to sell their home in Suburb A & buy a different home in Suburb B (prices of the houses are equal). Suddenly they are up for tax bill of 25% of their homes value (after CGT...
  3. hobo-jo

    If you were PM.

    I forgot to finish my thought on that earlier line about PPOR & pensions. My view is that pension paid should be clawed back by government from the estate. So if someone has a pricey PPOR & wants to claim pension, fine, hand over the property title to the government & when you kick the bucket...
  4. hobo-jo

    If you were PM.

    (some of these are really state or local government issues but...) 10% pay cut to all public sector salaries (including my own :p) Quarantine negative gearing (limit deductions to asset class). Replace stamp duty with land tax. Tighter foreign investment rules. Get rid of first...
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