AUKUS is not an investment in Australia's defense, it's a very large bribe to some people who won't be around when we need them. We should definitely direct the funds to the Australian economy instead. ... See MoreSee Less

Australia Is Wasting Its Money on AUKUS Submarines
flip.it
Australia is not expected to receive any nuclear-powered submarines from the United States or United Kingdom until 2040—likely after it is far too late.My colleague Dr. Elizabeth Buchanan, from the ...- likes 0
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Jim Chalmers MP listened to taxpayers and the industry ( was pushed by the PM). The Div296 Super tax will not be retroactive, will be indexed and only tax realised gains. We can quibble about amounts and rates, but the major failings of the policy have been addressed. Well done Anthony Albanese. ... See MoreSee Less

Reforms to support low-income workers and build a stronger super system | Treasury Ministers
ministers.treasury.gov.au
The Albanese Government is delivering more help to low‑income workers and reforming the superannuation system to make it stronger, fairer and more sustainable. We are boosting the low‑income super...0 CommentsComment on Facebook
It would be great to have an opposition that pushes the current government to perform better. Competition increases performance. The Coalition looks like a toddler taking on a newly seasoned professional prize fighter. Laughable, clown like, pathetic … ... See MoreSee Less

Dan Tehan fails to grasp difference between baseload and firming as he sprouts nonsense on nuclear
flip.it
The Australian Energy Market Operator, along with the owners of the country’s biggest fleets of coal generators have painted a pretty clear picture of the energy future: Forget baseload, it’s time...0 CommentsComment on Facebook
Neither of Australia's major political parties is willing to take on the fossil fuel industry. The result - we give away Australia's natural resources and don't keep any value for it. Education, healthcare, roads all funded by personal income taxes instead. Break the silence - contact your member and senator. ... See MoreSee Less

Impact of gas exports on Australian energy prices
australiainstitute.org.au
Until the mid-2010s, wholesale gas prices in eastern Australia were low.0 CommentsComment on Facebook
Michelle is making too much money for the banks to drop rates.... When the temperature goes up she can always jump with her golden parachute. ... See MoreSee Less

RBA leaves cash rate at 3.85pc, shocks market
www.afr.com
The Reserve Bank said it could “wait for a little more information to confirm that inflation remains on track to reach 2.5 per cent on a sustainable basis”.0 CommentsComment on Facebook
Div293 tax was pushed through with the same justification in 2012-13 - "It will only impact a few and it's only an incremental change". Div293 impacts an increasing number of Aussies every year. Anyone on a "good" income pays 30% on their super contributions today.The proposed Div296 is also a fundamental change, taxing unrealised gains and, like our personal tax rates, is not inflation-indexed. It's a sneaky, underhanded way to introduce a big tax that will impact everyone in future. Contact your senator and complain. The house is lost.Jim Chalmers MP you know what you are doing and you are not being honest with the public. ... See MoreSee Less

Assistant Treasurer reconfirms intention of pushing through unchanged legislation
www.smsfadviser.com
In a meeting with the SMSFA last week, Assistant Treasurer Daniel Mulino reconfirmed the Treasurer’s intention to proceed with the proposed $3 million super tax legislation in its current form.1 CommentsComment on Facebook