Precisely the opposite. I am Victorian, Matthew Guy lost because of the right wing taking over the party (e.g . Kroger and his mates) stacking with Mormons and letting that hard right muppets take most of the good seats."This very good article by the Young Liberal President of the North Ryde branch..."
It shows no such thing! I feel for the young chap, but Young Libs might be the place for him, clearly from the left of the party, and adrift without the great sage of Point Piper.
The left of the party doesn't win elections, but they do a good job of losing them, eg Matthew Guy in the Peoples Republic of Victoria
funded by the increased revenue we are seeing, on the back of strong exports and population growth.
Exports of commodities which fluctuate greatly in price.
Howard made the mistake of giving permanent spending increases (Family Tax benefits for one) on the back of a temporary mining boom.
We would be silly to make that mistake again.
Indeed and that says it all really.Menzies would be regarded as Left these days.
I reckon abolish the Medicare surcharge for starters. I know people who actually avoid overtime for fear of earning more than $90k a year.I'm more thinking about the huge variance in policies around Income Tax. Bracket creep has seen the effective tax rate rise to near the highest level in 20 years ( see here). The Labor Party will only cut taxes for those earning less than around $80k, and make no changes to higher tax brackets.
Bracket creep is effectively a tax hike every year, and no Government will ever be brave enough to index tax rates to wage inflation, because that would kill their ability to periodically come out and offer 'income tax cuts' whenever they need to win an election and bribe their chosen segment of the population.
Most people think, well bad luck, if you earn a higher income you can afford it. I'm in my mid-30s and a lot of people in my network of friends are on reasonably high salaries (ie. $100-200k). However, if you just bought your first home in Melbourne or Sydney and are starting a family, you'll likely have a wife on low/zero salary and be trying to fund mortgage payments and supporting dependants on that one income. For example.....a salary of $150k less tax ($46k) less mortgage pments ($40k), less HECS ($12k) = $52,000 to support a family of 4. By no means living in poverty, but given how healthy the federal budget is at the moment, and given years of bracket creep...surely it's time for some relief!!
So under Labor, middle/high income earners will see the effect of bracket creep continue to eat into a bigger and bigger %% of their salary. Add to that, the changes to Neg Gearing, CGT and franking credits. Many Australians will be handing over a much bigger chunk of their income & profits to the Government, to spend as they see fit. I hope they can spend wisely.
About junior and taxation ..even worse...buy an asset 100 ten years ago,sell it 130 or so today..you just kept with inflation
yet you get taxed on 30..right now only 15 but after labor probably whole 30...yet you made no real money..bring back indexation...
This has been hidden by the stratospheric raise of RE and low inflation in the past decades but as this ends, the absence of indexation will decimate investors
Yes, hence why the 50% CGT Discount exists in the first place!! They are taking advantage of the fact that most people don't really understand the impact of inflation.
The preferred narrative. The putsch against the right is on.Precisely the opposite. I am Victorian, Matthew Guy lost because of the right wing taking over the party (e.g . Kroger and his mates) stacking with Mormons and letting that hard right muppets take most of the good seats.
Yes exactly. They showed that they would look after the big end of town before the middle class and the state of Victoria against Liberal tenets. So why do you think Matthew Guy is left wing? He made those decisions which all sucked.The preferred narrative. The putsch against the right is on.
So none of these things then? - lobster with mobster dinner, East West Link side letter, Fishermans Bend rezoning decision, Phillip Island Ventnor rezoning decision ..
Yes exactly. They showed that they would look after the big end of town before the middle class and the state of Victoria against Liberal tenets. So why do you think Matthew Guy is left wing? He made those decisions which all sucked.
The right wing issue was a big deal though. For instance the seat of Sandringham had three people trying to be members, two women with careers good standing one from the upper house etc. and one right wing party hack who had never had a job who got the job with the aid of Kroger.
He nearly lost to a 19 year old boy who couldn't drive. Do they think the locals are all disinterested?
A big problem I see with the Liberals is that they don't seem keen on actually doing anything.trashing the current premier, who most think is doing a pretty good job, showed how completely out of touch the Libs are at the moment. When Guy & Morrison showed up at Pelligrini's and used it as a photo opp and chance to talk down Labor...that said it all really. Where is the positive message, where are the policies??
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