If we know a cricket ball can kill why do we normalise people to stand in front of three sticks and allow someone to hurl hard thing at them. We tolerate collisions in sport that injure brains & bodies. To change to a soft ball & touch rather than tackle would it really spoil the drama of the game?

Set up to fail?

Tax is a red herring

The primary issue is, for “…the last 25 years, every single resources minister, bar one, has left parliament and gone to work for the resources industry…”

The question that is not posed is, when did they start working for the resources industry?

Stamp Duty is a State tax and to States this is revenue as they are currency users

The Federal Government is the issuer of the currency and could choose reimburse the States and define what the funds must spend it on, say new state owned public housing?

They can do this without taxing or borrowing

What do you expect, the average citizen has no idea as to what questions to ask, nor does the media it would seem

billmitchell.org/blog/?p=62654

PROVE ME WRONG

The federal Government $AUD debt is a pseudo debt

As issuer of the currency it does not have to issue bonds & pay interest

The Guardian post is a mythical group think article, that is part of a self-reinforcing feedback loop

Want fact read this 👇

billmitchell.org/blog/?p=62352

WHAT DOES THAT MEAN?

The Federal Government is the issuer of the $AUD, what progress did you make?

All the real people I know have yet to see any real progress

Mind you the Banks, Energy, Water, Mining and the disproportionately wealthy are doing well

In 1989, the Hawke @australianlabor.bsky.social Government reintroduced fees for university study in Australia.

You burdened students & now you make a token gesture & expect gratitude

Just get rid of them altogether

One can't technically get everything in a short post, that's why I attached the video that address other stuff

I agree GST is too high, it's higher than zero & yes progressive income is too high for low income earners & we should be guided by tax rates for the wealthy post the great depression

PLEASE STOP REPEATING & REINFORCING THIS GARBAGE

GST is a Federal consumption tax, but it is not revenue to our currency issuing Federal Government, nor is a Fed tax on gas exports

The Fed Govt fund our hospitals & schools, now, today

If you don't understand watch this👇

youtu.be/cSmLTLI5LWU?...

When is someone in the House of Representatives or the Senate going to stand up & state:

"As issuer of the currency the Federal Government can purchase these services without borrowing or debt"

Will it be you @davidpocock.bsky.social

I wonder if Anne is aware that the whole west coast of Tasmania, her electorate, is about to lose its last bank branch?

A very pro digital micro-economic speech, no meaningful mention of macro, the space he now inhabits

No mention of full-employment, buffer stock, sectoral balances or bank regulation

No mention of maintaining bank branches or cash

Pro the scams that are digital & super

Yet another relic from the era of real music, no rap on crap and no funny business

My favorite Supertramp track, great words

www.youtube.com/watch?v=K7Mw...

CBA CEO Matt Comyn stated: "We also do create deposits in the system, we expand money supply when we lend money"

All banks do

Glen Stevens either doesn't have a clue or deliberately misleads the market

Michele Bullock was his understudy

youtu.be/MGUw3NLI2dE?...

Make advertising, all advertising, a non-tax deductible expense

Without exception they are paid for lies, misinformation & exaggeration

& tax 50% of the winnings of all gambling wins, will stop money laundering, track problem gamblers & would be a significant disincentive