My kangaroo friends, what went wrong with your country over the last 10 years (financially speaking)?

My kangaroo friends, what went wrong with your country over the last 10 years (financially speaking)?

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1. Housing tax policy favouring owners
2. Ultra loose monetary policy
3. Immigration destroying wage growth

Simple as

I agree with the first two, but the third is just absurd propaganda by the australian goverment, conservatives and Any Forums. Look at the statistics.

Nope. Fact is employment is at an all time high and wages are going up because we stopped immigration the last few years because of covid.

Gooks bought up all the boomer shitshacks for squillions of dollaridoos so that they could have some reliable overseas assets (at least, more reliable than anything in chinkshitland).

No, no and no. While yes, immigration did slow, this idea of less immigration and higher wages is just false.

Correlation =/= causation. You should already know this.

>muh immigrants!!!
If you can't get a job instead of an immigrant you are just shit. Without immigration we'd still be eating British slop for every meal.

>muh food

with immigration we get bugs, simple as

Go back

Asian immigrants, bug like as they are, may yet provide great sustanance to the white Australian population.

Literally what bugs have you eaten? Fucking pol conspiracy retards I stg

This thread makes me wonder, do we have asio shill farms?

Liberal government

>be white country
>allow mass immigration of non-whites
>country turns to shit overnight
>well I wonder what it could be
>at least we have all this great food

Boomers acting in their own self interest and draining so much money and opportunity from the younger generation that they withered on the vine.

Can someone please explain to me how in the world did Australia get dominated and infiltrated by chinks? Immigration is one thing and total control over a country’s internal interests by its own citizens is another

gold

You can buy an Aussie politician for a ridiculous amount. Like $200k. Basically free.

The main one imo... Negative gearing and CGT discount for property investments. If we had these with the original intent of increasing investment in Australian research/industry/business as it was originally marketed, things would be different. Instead, investing in a safe and steady property with tax-benefit loans/upkeep and low capital gains tax became the obviously more attractive buy-and-hold long term investment than the share market for most people.
Without these benefits property investors would be paying 15-45% more on the loans and upkeep (as these would now be an after tax expense instead of before tax expense). Although possibly creating an investment company would get around this, most "mom and pop"/"boomer" investors would be affected. AND investors would have to pay 50% more tax on any gains...
If the bonuses were for shares only, the economy might be that much better. Imagine, investment loans for shares with the interest a tax deductible, and a CGT discount if you hold at least a year. Would have pumped all of that current property market money into actual businesses and creating something instead.
The country had real potential: good climate in many areas and range of climates for farming, lots of natural resources, lots of land space, majority European descent, strong work ethic. Could have been ideal to set up a research, technology, and even specialised manufacturing economy. The one thing we do ok is selling overpriced education to foreigners. I wouldn't even say immigration is too open or easy, it costs 10k just for citizenship.
Instead the economy is now based around buying, building, and selling houses to each-other. And because the government supports and props this up at all costs, it is an attractive investment for Chinese investors, which of course the government again in turn supports because it pumps more money into the housing economy. At the cost of young citizens who are better off moving elsewhere.

It's not you motherfucking cretin. Western corporations and their politician lackeys have been moving manufacturing overseas, and importing 3rd and 2nd world economic migrants as scab labour to maintain stagnant wages, and replace locals who aren't breeding due to said stagnant wages. They then gaslight by calling anyone who displays misgivings with this very real action a racist conspiracy theorist.

kangaroos are gay.
youtube.com/watch?v=lXrisFu8iP4

It all started long before the 10 years ago. We've been administrated by a foreign crown under usufruct for near 100 years.

rumble.com/v1cp6en-history-review-of-the-federated-commonwealth-of-australia.html

All this talk about Australia being a democratic western country is total BS, this place has always been a gathering ground of the dregs of society beginning from the first convicts that landed here and everyone afterwards just came to chase money no wonder there is no sense of nationality or community here and everything and everyone can be bought out.