They're under more pressure to contribute financially.
Name a Conservative Success Story
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Ghost Patrol
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- #477
Do you pressure your wife for money?
Why? My point is about australian shares and the foreign owners of those shares.
I think it's great, as are negative gearing and franking credits. Anything that helps the middle class get ahead is a win.
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- #480
Because a company can only return a profit / retained earnings to shareholder. It can not distribute a loss to shareholders. And the franking credit is a credit to ensure the distribution is taxed at the shareholder's marginal rate.
Yes, I expect her to contribute financially. Is that wrong?
Some very good points there.There are two obvious follow up questions:
1. Why did it increase property prices? Sure, higher purchasing power means higher demand for goods and therefore higher prices, but in an ideal free market, competition would generate enough supply to drive prices down. There have been numerous periods like the 1950s where household wealth increased and house prices didn't spiral. Clearly the shift to dual income households wasn't the only factor.
I'm sure some people would love to blame it all on immigration, but the huge house price growth over the pandemic, when net immigration was next to nothing, shows that it's far from the only other cause. The incentives for property ownership also fuelled demand, and supply was constrained by the skills shortage and the refusal of government to put forward an effective solution to the issue, directly or indirectly.
I'd further suggest that in any market, if regulations aren't put in place to keep prices in check, the natural response of any producer to an increase in purchasing power would be to increase their profit margins and restrict competition and overall supply. We should consider that the deregulation craze also rose along with the participation rate of women over the past few decades.
2. What will actually liberate women? I don't think the answer is something as simple and painless for the business community as cheaper childcare. I think it'd be working fewer hours for the same level of pay. And if that seems ridiculous to people, it's exactly what has happened over the past 150 years:
Annual working hours per worker
Before 1950, the data comes only from full-time production workers (non-agricultural activities). Starting in 1950, estimates cover total hours worked in the economy as measured primarily from National Accounts data.ourworldindata.org
As you can see from the graph, working hours have kept falling over time. Wages have been increasing for most of that time. But two other things are apparent. Firstly, allowing for major disruptions like WWII, the rate of decrease started dropping from the 1960s onwards despite huge innovations being made in that time, like the entire digital economy. Secondly, we work more than most other rich western countries. We were middle of the pack until the early 70s and then something changed.
Maybe real liberation is the acceleration of that trend.
You'll get no argument from me that the ALP have no real principles. They'd sell their own mothers if they thought it would get them an extra couple of percentage points in the polls. I suspect that's also what motivated much of the Liberal Party room to vote for a plebiscite too, rather than a firm moral belief in marriage equality (or else they would have legislated it straight up).
I'd argue that property price movements over the pandemic simply followed other risk assets. Shares and crypto also skyrocketed.
Ghost Patrol
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- #483
You sound like hard work. Can she claim it back on tax?
And I was talking about apple and google..
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- #485
Solely because western governments everywhere flooded markets with cash.
A shit load of cash was created and it has to be spent on something.
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- #486
Why? Because that's how the law was written. Corporate Law makes a company a limited liability entity so shareholders are not liability for the debts of the entity. Tax Law makes franking credits assessable income and a credit to avoid double taxation of distributions made by such entities.
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I’m not answering such stupid questions.
You’re ridiculous
One post you contradict yourself and the other leads me to believe you’re basically a communist.
What is your objection to a school hall that can also fit in a basketball court.
You Murdoch drones are such a pack of whingers.
All you have is talking points.
Any meaningful discussion you just gloss over.
But I don’t mind. I dont argue to change your mind, i ague to influence the people reading. I will present a case with sources graphs, reasoning and conclusion.
You reply with cool story bro and simply repeat the point you made whilst ignoring any of the counterpoints.
This shows readers that you have no answers , that you are just mouthing slogans and you dont actually comprehend the material.
We have a thread just for you!!!
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- Jul 5, 2012
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This is what never occurs to idiots, who only ever try to appeal to other idiots. They automatically lose all the non-idiots.
Dunning - Kruger inception.
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- #492
Q: What is a conservative success story
A: lower taxes
Low unemployment
Low welfare spend
Future Fund
Discuss
Post something meaningful other than “I guess” statements and I’ll respond.
You can always spot a partisan a mile away when they blame a global trend on a local politician.
I'd say you were cute for thinking anyone in Australia had that much power, but I know you don't actually believe the things you say
Albanese allowed inflation to take hold. The source comes from the Biden Administration.
The Australian Bureau of Statistics figures showed consumer price growth slowed to 0.8 per cent over the three months to June, down from 1.4 per cent in the March quarter.
While the headline inflation number slowed, annual growth in the cost of services accelerated, underpinned by rent inflation which reached 2.5 per cent in the June quarter and the highest since 1988. The year-on-year rental price rise was 6.7 per cent, the largest since 2009, the ABS said.”
So rent is the biggest driver of inflation - caused by the RBA jacking up rates and Albanese running a high immigration policy.
Rather than solving problems the government is causing them
Ghost Patrol
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- #495
Most of the rise was under LNP. Labor has turned it around.
Perhaps a basic graph reading course would help you interpret data?
Nice try but no. ALP to control in May 2022.
Ghost Patrol
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- #497
Yeah you clearly cant interpret a simple graph. Most of the rise was before May 2022.
Imagine thinking dumb was a conservative success story.
Rewriting history.
Ghost Patrol
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- #499
Do you reckon you are more intelligent than DaBarz?
You attempt to rewrite history because the truth doesn't suit your narrative. Typical dishonest leftie. All lefties are dishonest.
