| Cobretti2 said:
- Rail in this country has always had no good funding (except when we are shipping coal or timber offshore). I knwo in Tassie they wanted to save costs so they replaced the timber sleepers with some metal ones. They warped in the sublight (we all know how hot Tassie gets haha). They then replaced them with concrete ones. - Eventually I will be puttin git into property (well at least my own house lol) once I got enough saved up for a 20% deposit. It is hard to do whilst paying rent where I am.
Finally totally agree about our tax funds being missused. They should go to what the taxes were originally assigned for. LIke the carbon tax. This should be used to research renewable energy solutions that do not rely on weather conditions. But most of this will get redistributed back to the low income earners. Why tax them in the first place then if all you are goign to do is redistribute the wealth. It will be interestinng times ahead for Australia once the mining boom is over. Australia should be investing into infastructure, like dubai does from its oil money. Australia needs better roads, public transport and cheaper cost of living. Throw ontop of that better hospitality and services in tourism and people will flock here to visit the unique natural places this place has to offer. |
- So it must follow the same brackets as income tax, since the tax bracket was changed this financial year. The reason why the levies are also progressive is for the same reason: it has nothing to do with rate of use, it's more related to the fact that a flat rate will push low income earners further into poverty. People have related the legal system in a similar way (though they usually forget that big business relies on legalities as much as the lower class, for things such as enforcing contracts, etc.)
I don't want to sound pushy, but if you want my advice, buy when the market is good, deposit or not. Having under 20% means you will need to pay mortgage lender's insurance, but that's generally another $7k - 10k on top of your loan. Right now with renting, you're paying for someone else's dream instead of paying towards your own. Even if the repayments are $100 per week more than your rent, that's still putting you closer towards owning something with that money.
The carbon tax is a lot like the health setup, in that the people who would be put in the most danger of poverty are compensated. However, I think they went a little too far to soften the blow, maybe because of the massive backlash led by the opposition. Now we see the steel industry etc getting handouts to help them through it (this is on top of some other exemption they're already receiving. I can't remember which, right now). I'm hoping by the time it becomes an ETS, it will be a bit more organised.
Fully agree with the investing in infastructure with the mining boom. In fact, that's the basis of the mining tax that was imposed (whether it will be used for it or not is another matter. I'm hoping the NBN and Very fast rail could both come to fruition because of it). However, a lot of people are being convinced by the News Corp media that this mining tax is nothing but a very bad thing. In the meantime, we suddenly have some of the world's richest here now, a sudden spike in disparity from the rest of the country. Now that there's talk about taxing mining, are we suprised that Gina is loooking to dip her fingers into Channel Ten and Fairfax for media influence?
