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ACCC proposes $150k pa entry barrier to play news game

ACCC proposes $150k pa entry barrier to play news game

  52G Revenue test For the purpose of paragraph 52E(1)(d), the requirement is that the applicant corporation's annual revenue, as set out in its annual accounts prepared in accordance with generally accepted accounting principles, exceeds {$150,000}: (a) for the...

How much wage growth do we need to keep up with house prices?

How much wage growth do we need to keep up with house prices?

To answer the question, we need three things: Average Australian house price from 2000 to 2020 The average yearly increase in house prices from 2000 to 2020 Average full time earnings 1) Australian house prices from 2000 to 2020 Below is a table of average house...

A Submission to the Royal Commission into Banking Misconduct

A Submission to the Royal Commission into Banking Misconduct

Rivers of Gold - Let's follow the money 24 April 2018 Hon Kenneth Madison Hayne AC QC Commissioner Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry Dear Sir, When an Australian walks into a bank...

Should first time home buyers sue the Government?

Should first time home buyers sue the Government?

4 February 2018 Mr John Fraser Secretary to the Treasury The Treasury Langton Crescent Parkes ACT 2600 Australia Dear Mr Fraser, The following is for your consideration. Could you please outline the options available to members of the Australian public...

If you are over 40 do not read this post

If you are over 40 do not read this post

If you are over 40 and starting to read this post, I politely suggest that you move along. There isn't going to be anything in this post that will interest you. Just me babbling on about the past. ...Have they gone? Is it just you and me now? Can we finally talk...

Foreign ownership of Australian agricultural land

Foreign ownership of Australian agricultural land

Photo by Steven Penton cc. On 29 September 2017 an updated register was released detailing foreign ownership of Australian agricultural land, available here from the Foreign Investment Review Board for the 2016-17 year. The 2015-16 report is available here.  Let's...

Should Aussie workers be worried about their productivity?

Should Aussie workers be worried about their productivity?

Last Thursday the AFR published a piece titled, "No wage rise without productivity: IMF".  If you're an Australian worker and you started to read the above AFR article, you'd quickly get the impression that Australian workers should increase their productivity...

10 Questions for Sam Dastyari on power

10 Questions for Sam Dastyari on power

Labor senator Sam Dastyari made the statement this week that there is something "fundamentally wrong and rotton" with the influence corporate Australia has over the Australian political process, while speaking at a Pub in Canberra. From SBS: Labor senator Sam Dastyari...

Negative Gearing: Friend or Foe?

Negative Gearing: Friend or Foe?

Source for above is here. Recently Domain published a comment piece by Jamie Alcock, associate professor in Finance at the University of Sydney Business School, titled, "Busting the five myths about negative gearing". The first issue with the article is the lack of...

Bob Day sells out on home ownership

Bob Day sells out on home ownership

The following letter to the editor was sent to the Australian Financial review on the 24th September 2014 regarding "Housing worse with no negative gearing". In his maiden speech, Senator Bob Day correctly stated, “if every family had a job and owned a house, the...

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policy manifesto

  1. Index ministers wage to a fixed multiple of full-time earnings (private sector earnings)
  2. Abolish negative gearing and the capital gains tax discount
  3. Home ownership target of 60% (i.e. 6 out of 10 households have paid off their mortgage)
  4. Reform fractional reserve banking
  5. Only Australians shall own Australian land and houses
  6. Zero population growth
  7. Legalise cannabis for recreational use
  8. Aim for 100% sustainable energy
  9. Maintain minimum level of production in Australia in the event of supply chain disruption (eg Covid-19 & PPE )
  10. Productivity per capita per hour in top three in the world

Silent Invasion: China’s influence in Australia

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Disclaimer: The Taxpayers Party is not a registered political party