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Yep, so wind back the latest tax cuts and invest in power stations ?
@SirRumpole
Look at Japan
Not a bad place to live in, but personal consumption is low, per capita income is low and it is still an economic superpower
Giving more money to the average Joe will lead to indeed higher meths price, higher pokies income and beer alcohol sales ,tobaccos, jetski and bigger American pickup Monster on the road with higher debt bill for the spoiled rotten kids
At the same time, more taxes on business entrepreneurs
Not that great a recipe for the future
We have had 40y of "relance par la consommation" in France
A broke socialist paradise...want to swap with australian living?
You can only release the purse string when having a balance budget
Aka Howard years
Now it is time to tighten the purse and transfer expenses into missing infrastructure
Road rail and port land water
The growing population will require and ever increasing amount of capital investment to support itself.
Eg,
houses need to be replaced with apartment buildings.
With any infrastructure it’s not just building it but making sure we build the right things in the right places.Yep, so wind back the latest tax cuts and invest in power stations ?
For the sake of Australia, reduce taxes, reduce spendings and increase investment in infrastructure
Most Australians do not pay tax but are on welfare.
....or are being supported by someone else! These sorts of numbers and assumptions are meaningless as some families still have only one "taxpayer" and the participation rate in Australia is (a relatively high) 66% (working age people in a job or looking for work). Interesting that you include neg. gearing as "welfare" as that would put most businesses in the "welfare recipient" category as well. What about the multinationals and mining companies who pay no, or very little, tax on profits which are then sent to tax havens? Ikea, Google, Facebook and Whitehaven Coal could fund all our "welfare" with a Buffet tax on their exported untaxed profits. Adani has received promises of Govt. handouts and waivers worth $4Billion before a gram of coal has been dug up and Clive Palmer has now put in his invoice for his "good work" during the recent election. Plenty of bludgers to get your teeth into there.
....or are being supported by someone else! These sorts of numbers and assumptions are meaningless as some families still have only one "taxpayer" and the participation rate in Australia is (a relatively high) 66% (working age people in a job or looking for work). Interesting that you include neg. gearing as "welfare" as that would put most businesses in the "welfare recipient" category as well. What about the multinationals and mining companies who pay no, or very little, tax on profits which are then sent to tax havens? Ikea, Google, Facebook and Whitehaven Coal could fund all our "welfare" with a Buffet tax on their exported untaxed profits. Adani has received promises of Govt. handouts and waivers worth $4Billion before a gram of coal has been dug up and Clive Palmer has now put in his invoice for his "good work" during the recent election. Plenty of bludgers to get your teeth into there.
Time will tell, but world population is increasing while most economies aren't growing at all, going backwards or growing very slowly.
The world has been living on debt for a long time and there has to be a reckoning at some point.
Put an export tax on all our minerals, gas, and agricultural products. That should solve the budget and infrastructure problems .
I see your point but my observation is that whether or not this represents progress is very much a matter of personal opinion.
Purely anecdotal but my observation is that there’s quite a few living in apartments who’d rather live in a house, relative costs being the only reason they’re not doing so.
Obviously that’s not everyone but there seems to be quite a few. That then brings up the question about growth not benefiting the current population etc.
If people don’t want population growth, then they should stop having children.
How many of the people that complain about population growth have added to the problem by having children?
The revenue received from the mining industry already is the largest income for the government.
Only if everybody is dead. Otherwise it's $184 trillion.The Net debt of the world is $0.
1. Agree, raise the higher, it is the property of the countryWhy would we want to inflict a tariff on ourselves?
We already charge
1, mining companies royalties
2, mining companies company tax
3, miners income tax
The revenue received from the mining industry already is the largest income for the government.
This is the most bulls--hit comment that you have ever written, are you high, pissed or just otherwise incapable of making a valid statement.If people don’t want population growth, then they should stop having children.
How many of the people that complain about population growth have added to the problem by having children?
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