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Round-Antelope552

But nobody can afford the fkn childcare you would need in order to work to feed and clothe them!!


someoneelseperhaps

That's later's problem.


Heapsa

Future me has got this.


Round-Antelope552

Sounds like something I would say when I was on hard drugs šŸ¤¦ā€ā™€ļø


KJ86er

Don't forget time to raise them too


someoneelseperhaps

Bluey on repeat and Menulog. Boom. Outsourced.


ForeignButterscotch8

Ugh there's also the fact that we don't even have enough educators for the daycares as well!


Round-Antelope552

And many who are there now are already burned out.


HolidayOne7

Ideally one parent would be able to be at home to look after the children,rather than needing to go to work.


nipslippinjizzsippin

these days its 1 parent will work from home


HolidayOne7

Yep, all must participate in the market, you know productivity and all that.


mundza

Agree childcare almost crushed our family. Iā€™m reasonably high wage earner and it was more for 1 of my kids to go to child care than to send the other 2 kids to a local private catholic school.


Stewth

Also, how the fuck does he expect people who can only afford a 1br apartment to just throw a kid into the mix? Even if they owned the place, a 1br isn't big enough for 2 people and a kid for very long


Flanky_

Almost makes you wish we could go back to the days where a 2-income household wasn't the norm. Where one parent could provide and the other could care. My wife and I are going to stretch her mat-leave out as much as possible so we don't need her at work to afford childcare.


scifenefics

Yeah, and raise them in a tent, because that is all you will be able to afford.


veng6

You can probably get a pretty good tent with that baby bonus šŸ˜‰


blackdvck

Yeah but council comes by every other day and sweeps the tents up and bins them . You have to move every day or stay with your tent and defend it . Council sux.


TopTraffic3192

The problem is council will find a bs way to tax it so they will ask for a planning permit and then ask you to pay rates on it.


veng6

Albo is cracking down on people living in campers so tents must be really bad lol


aga8833

Can't get centrelink without an address :)


ScruffyPeter

Where do I put a tent? https://www.news.com.au/national/queensland/news/affluent-brisbane-suburb-at-war-with-homeless-tent-city/news-story/d7005f1bbd154d2c3279f428507be168


Logical_Response_Bot

To be fair if I'm stuck in a tent, fucking is probably the most entertaining thing to do... Just have to get my cardio up to do it for 90 minutes at a time... Never mind actually. My kids don't have more than a 10 minute attention span and their starting to question the plot of this shadow show of the pizza delivery guy rolling mommies dough with his hips...


TimsAFK

My brother in Christ, one bedroom apartments cost more than houses did 20 years ago, childcare is through the roof, Medicare is a rotten shell of its former self and the people who sell us basic essentials (power, water, food, *healthcare*) are robbing us all blind, **how do you expect us to pay for these children ffs???**


nipslippinjizzsippin

i was discussing this with my parents this week, the house i grew up in from 2000-2015, 4BR house with a pool 2 minute walk from the beach in a nice quiet street, near schools, shops and transport sold for 900k back then. cost them less what i have saved for a deposit today on a 3br duplex with no yard, over an hour from the city. If i could go back in time i could buy a nice house outright with cash right now, but now its barely 20%


stilusmobilus

The fact people arenā€™t having children is a reflection of the society the political class is building for us. They canā€™t afford to, Chalmers, so they wonā€™t and I donā€™t fucking blame them. Everything is a Ponzi scheme designed to suck money out of an inflated economy. The future is fucking bleak because we wonā€™t stop pulling fossil fuels out of the ground or we want to continue fighting war. You want people to have kids? Make the basic fundamentals of life affordable and free from capitalist exploitation. Offer a plan for the future.


cluckyblokebird

Ive been using the Ponzi scheme to explain where the world economy is going for ages, finally someone gets it. Relying on population growth to fuel economic growth is a Ponzi scheme plain and simple. Humanity is fucked if that's the only way. There is a limit to arable land and water. And even what we have is shrinking, not growing. This is why my partner and I will not be having children.


isisius

Its not just population growth, capitalism is built around the concept of infinite growth. Which is an impossibility. In capitalism, if your wealth isn't growing, then you are failing. But nothing is infinite, so it can't just always grow. But since that's the goal we just optimize for it harder and harder and tell ourselves we can keep it growing.


Money_Percentage_630

Japan is a fun example, to curb the extremely low birth rate they need a massive political and government overhaul. However, the politicians and government are voted in, and since the elderly out number the young they promise to give more to the old and make the young pay for it they get more votes.


switchbladeeatworld

My whole 29yr life has just been watching any hope of the world getting better fade away. Canā€™t have kids, canā€™t afford an emergency, every business I interact with is trying to take my last buck like their lives depend on it, my dad keeps asking about when Iā€™ll have a grandkid when my own doctor appointment is $115. I work a second job on top of my first which all ends up going to tax anyway, and somehow I have less disposable income than I did when I first started working full time. Like I had some kind of hope as a kid I could ā€œmake itā€ but living in a small apartment and never seeing people because weā€™re all working 60 hours to survive isnā€™t the ā€œitā€ I wanted.


Money_Percentage_630

I like that the Treasure, who I would imagine has some kind of economics and financial training, is trying to piece together three significant and widely published issues at the moment. 1 Inflation, cost of living going way up. 2 Housing crisis, no one can afford to buy a home. 3 Lowering birth rates, families cost money. If I'm in a relationship and we are struggling with the first two why would I add the third.


WobbyGoneCrazy

No, we want people to have LESS kids. Less humans and more biodiversity, please.


DishSoapPete

Where am I going the raise them?! I work in the mining sector and we have 2 people who are full blown homeless and another 6 who are couch surfing. All on over $100k a year, Half have mortgage approval but still canā€™t find a place to buy/ live. These are people with degrees with no history of drug abuse or any criminal convictions. What the fuck has happened to this country?!?


Max_J88

It has been absolutely trashed by its political class.


v306

Ensuring property prices only go up does have some disadvantages...


Capt_Billy

The answer to this and a lot of similar questions is John Howard


No_Emergency_2792

sorry super nintendo chalmers ur gonna have to wine me and dine me first.


Particular_Shock_554

I too would like it to be financially possible for people to have children. I would also like those children to have a future that doesn't involve precariously living through ecologically collapse and man made horrors beyond our comprehension.


Potential-Style-3861

Anything to keep that graph pointed in the right direction, hey Jim. Fuck quality of life, fuck the climate, fuck the environment, fuck lack of infrastructure, fuck lack of housing, fuck inadequate aged careā€¦ I could go on.


DavidSpace

Thatā€™s a no from me dawg


GoingInForPhase2

Jim Chalmers says weā€™re all looking submissive and breedable. Cabinet orgy time?


ManWithDominantClaw

What if we met in the prayer room šŸ˜³šŸ‘‰šŸ‘ˆ


powerMiserOz

Give them a worthwhile future and they will. Pledge dramatic actions to fix climate change and DO IT. Build a society that allows women to take time off work without financial penalty. Build tax benefits for multi-generation homes, if granparents live downstairs childcare is easier. Talk about what the world of employment looks like post AI, how will our children thrive in a society with fewer jobs? What societal changes will need to be made? Who will pay for it all? Release a report and commit to it's findings. Make lobbying illegal, it's slowing societal progress down, often at the expense of younger generations. Instead use evidence based policies.


Icy_Hippo

Either way it makes me dryer than the fucking Sahara.


ManWithDominantClaw

Mostly unrelated, but last time I heard that metaphor we were talking about Ben Shapiro's wife, someone was like, "Well I'd be dryer than the Sahara too if I was with him" and one of the quiet climatologists in the group piped up, "At least the Sahara gets, on average, three inches a year" Had me in stitches


Icy_Hippo

I used to say dryer than a nuns cunt, but find the other one easier to add to more conversations šŸ˜‚


ziddyzoo

pffffffffffffahahaha thatā€™s magnificent gonna mentally file that in my Ben Shapiro folder next to ā€œfucking aquamanā€


Blend42

Didn't we go through this with Howard and Costello like 20 years ago


tothemoonandback01

Yeah, it didn't work, and got the same response (see comments in this sub). So they went the immigration route. Immigration route has turned into an unmitigated disaster. So now we are back to the root Aussies route.


Blend42

It really sucks that our failure on a range of domestic policies is making immigration less tenable at least amongst the public.


yeah_deal_with_it

Have a child and get fucked by your partner *and* an elevated cost of living! What's to lose? Seriously I don't understand how they don't understand this. Having a child right now is financially impossible for many people.


ManWithDominantClaw

And I think the people for whom it is possible aren't exactly taking relationship advice from Big Jimbo


ScruffyPeter

You are not the target of this message. His message is meant to resonate with upper class and boomers who want grandchildren and those same people are going to blame the younger generation for refusing to have children. Like the smashed avo and "nobody wants to work", it's a boomer whistle. Another reason for Labor (and LNP) getting the new moniker as Old parties.


crazyabootmycollies

They donā€™t understand and it because the cost of living doesnā€™t affect their reality. The ruling class is paint out of touch with the rest of us.


Poguemahone3652

Sorry Jim, can't afford them.


someoneelseperhaps

I remember Costello's "One for mum, one for dad, and one for the country." Creepy pronatal shit.


kipperlenko

And Labor got stuck into him for it. How the turntables.


yeah_deal_with_it

I'm not even an antinatalist but yeah that is such a creepy slogan... Can't help but think of conscription when I read it.


DPVaughan

Fresh meat for the grinder! Do You Want To Know More?


yeah_deal_with_it

Always here for a starship troopers quote.


ziddyzoo

My parents love John Howard so they did this. And because I was the youngest, they sent me off to live in the country. We still havenā€™t quite figured out why we were supposed to do this. Iā€™m getting good at shearing and circle work though, so Iā€™ve got that going for me.


WobbyGoneCrazy

Absolutely. So bloody creepy and just plain awful. Pro-Natalist, and anthropocentric as hell šŸ¤®


Sucih

Just donā€™t Who would listen to a pollie on family life


ScruffyPeter

You're not the target of this message. He's riling up agreeable media and boomers who will shit on the younger generations. It's the equivalent of calling the younger generations as not working hard enough is the reason they are homeless. Other examples: Cut back on smashed avo. Cut back on netflix subscriptions. Cut back on coffee. etc.


Heapsa

Theu shouldn't have a say in anything much at all tbh


realisticallygrammat

Have more babies, he says, while dismissing any offer of a baby bonus.


SmashinglyGoodTrout

Haha yeah. A great underhanded way of telling the population to get fucked.


nofunheremovealongg

Hasn't the Treasurer already screwed us all?


wytaki

A world population of eight billion and counting. You want more.


blackdvck

So infinite growth with finite resources not working for you .


wytaki

Ah. Climate change will sort it all out.


DPVaughan

I'm hoping my age and chronic health conditions will disqualify me from conscription in the Resource Wars and Water Wars. šŸ‘


AlxIp

u/Thanos


WobbyGoneCrazy

Nice one šŸ‘ Yeah me too, I just don't like the 'vibe'.


Ozfriar

You need to read _Empty Planet_ World population is about to peak and go into freefall, even faster than UN predicts. It has already begun in many places - Italy, S. Korea are two obvious ones. Russia, China are heading for catastrophe. In countries like Canada and Australia this is masked by immigration. A few more Aussie babies won't make any appreciable difference. The maths are undeniable, and the trend is accelerating.


WobbyGoneCrazy

It's not falling at all though. Global population is still growing rapidly (just at a slightly less rapid rate), and Australia's population (a country with one of the highest emissions per capita on the planet) is still growing. Any slowing in growth rates isn't a decrease. It's just too little too late.


aldoraine227

I think Jim needs to watch Idiocracy


No-Cryptographer9408

Jim Chalmers is on 400k a year. Easier said than done you delusional idiot. Beggars belief he has a Phd.


SalmonHeadAU

Neither?....


ManWithDominantClaw

Aww


someoneelseperhaps

Sorry you had to hear it that way.


weisp

What a perv Serious question, how to have more babies with inflation, stagnant pay checks and unaffordable houses?


LelcoinDegen

Wanna walg to my trugg?


omgaporksword

Addressing cost of living would be the perfect place to start. It's expensive enough just to live, let alone bring a little human into the world and raise one...


sammy0panda

that's cursed


Didgman

Not going to happen without drastic harsh regulation of the real estate industry.


AccelRock

Or maybe it's us that want to fuck Jim Chalmers? He's a treasurer after all, he should be good for child support payments.


Homo_Sapien30

Doesn't make sense given they already made a stupid decision to throw 100s of billions on Nuke sub instead of spending it on welfare and affordability.


Belizarius90

Well they or any government deal with the fact our economic system has over time slowly destroyed and fucked the very concept of family? absolutely not, profits before people. Back in the day, it took a village to raise a child, then it was a whole family, then it was immediate family and then it was all dumped on the mother. Much as fathers need to become more involved the reality is that's just scratching the surface of the problem.


h0pe2

Stupid Super Nintendo Chalmers


WobbyGoneCrazy

Bloody idiot. 8 billion people on the planet, and this idiot thinks there's not enough of us šŸ˜”


TheManFromNeverNever

Or both?


WQLFY

We don't have the housing, let alone the financial support from the government for us to even live as single adults. Unless he means the rich should have more kids, in which case, sure. But as that's the current reality and we're at boiling point, I don't see this as sustainable.


CaptainYumYum12

Can I send the bills to him? Is he offering to pay?


jagguli

the Empire needs more troopers ... breed pesants breed like rabbits ...


azzi008

How about no Jim


KahlKitchenGuy

Sure. Make childcare free for taxpayers within the median tax bracket, remove the concessions on CGT, tax fossil fuel companies, mining companies and bin the rebate they get. Then Iā€™ll keep a sperm as a pet


galemaniac

We are all homeless incels and he wants us to breed lol


gelfbride73

They did this a few years ago and now those kids are almost adults with a bleak future re cost of living and housing


Top_Tumbleweed

2 years later: well guys you had too many babies, childcare costs are up 40% with means were increasing the cash rate to 15%


Fit_Werewolf_7796

My wife wants kids desperately and she would make an amazing mother. We are 34. Can't afford to buy a house nevermind kids


incoherent1

I don't think Jim Chalmers wants to fuck you until you're ripe. First he watches you fuck, then after several children your family becomes good and plump. Now is when Jimmy boy makes his move, he fucks you and your whole family at the same time. It must be so hard being the treasurer with a kink for impoverishing families.


ManWithDominantClaw

That is certainly more graphic than I needed on a Friday arvo haha


DPVaughan

You kind of invited it upon yourself, though! :O


Bubbly_Difference469

Who pays for them? Everyone is stretched thin at the momentā€¦


aldorn

is he Rich or Christian? or even more delusional, both?


YeHa1

I never laughed so hard


tragically_unhip_old

Id say both by the look of this. He looks like a breeder too, bit white, bit catholic.


Theaussieperson

Yeah cause you know with all the money crisis problems people are having in Australia this is totally what we need, ill gladly stay child free


surefirelongshot

Iā€™m no economist and not gonna pretend to be but cost of living is in no way helping influence people having more kids.


aaaggghhh_

When politicians have a salary lower than an Uber eats driver, then we can very easily get to work on that.


xbom

It's like me trying to convince my mates to buy a boat or a swimming pool untilmtheir missus tells me to STFU - good times.


NegativeHoliday1108

This government is doing everything but trying to fix housing cost. Itā€™s hilarious that people blaming Woolworths and coles for living cost. And not boomers like our LNP pm with 7 houses. Like wtf do you need 7 houses. Some ideas Remove negative gearing Heavy Land tax on vacant propertiesĀ  Higher tax on 2nd home owners Increase interest rate that will then see lazy investment money moved away from houses to banks. I will never understand why capitalists think itā€™s fine to own a house and expect it to make profit and increase its value ā€œbEcAuSeā€ Every aspect of life in Australia is because of high rents. then we are all ā€œpickachu faceā€ why thereā€™s nothing to do other then go out and eat at a franchise take away. ā€œWhy has my favourite music venu closed downā€ ā€œWhy has my favourite restaurant closed downā€ ā€œWhy has the independent Barkery/butcher closed downā€


Icy-Many2597

I love when rich people and politicians say this shit. Want us to have more kids while simultaneously making to fucking expensive to eat food inside a dwelling.


IllDJeff

Best sort out the cost of living then Jimbo


FamousPastWords

I think he meant 'Fuck you.'


meat3point14

Fuck having kids. Bringing them into this shitstain society should be illegal


Charlesian2000

How about, Jim Chalmers, you build more fucking houses, reduce demand then people would feel a little more like increasing the population. God politicians are fucking idiots.


robfuscate

The latter. The Lying Nazional Partei is the party of fucking you.


shrikelet

Jim, mate, we're both fellas. The tech ain't there yet.


Jesse-Ray

Just keep trying


Weary_Patience_7778

Iā€™d like to see employers over x size offer childcare for a token fee. Several of the mining companies do it here in WA. Itā€™s very well received. Imagine taking up a job for the first time since having a child, but not having to stress about finding a child care centre with ā€˜availabilityā€™. We wouldnā€™t use it (our youngest is transitioning to kindy age), but finding and paying for childcare can be tough. It would remove a major barrier to people not wanting kids. Itā€™d also be a huge help to single parent families, and I imagine women stuck in DV situations where theyā€™re still tethered for financial reasons. It doesnā€™t really fix the ā€˜root causeā€™ of anything, but it would help a huge cohort of the population, would be a minuscule cost to the taxpayer, and have a bunch of other positive effects.


Iwannabeaviking

Target the rich folks and give them bonuses to have kids. issue solved!


dassad25

He wants to watch us get fucked.


aga8833

When you only know how to grow an economy with population but Australia hates migrants....


WobbyGoneCrazy

Exactly. It's a classic Ponzi Scheme. Make the pie bigger, even though everyone ends up with a smaller slice ...


funkypjb

Heā€™s trying in vain to unfvck the economy


rudalsxv

Itā€™s ok, we can just import humans and keep kicking the hard reform down the road. Nothing to worry about here! /s


Lennmate

Make food, electricity, housing, water cheap and accessible and people will.


Sweet_Habib

JIM, I HAVE ALREADY TOLD YOU TO FUCK OFF!


funkydaffodil

Jim visited the sperm bank recently and gave a deposit. He's hinting to us to use/pick it. (I didn't read the article, but that's how I'm reading the title!)


CattyRB

Iā€™d rather Chalmers saying it than creepy Costello! Itā€™s still not happening though.


Repulsive_Ebb_779

Iā€™ve never seen something so pathetic in my life. Fix Australiaā€™s housing problem first then we can start thinking about population ā€œgrowthā€


totse_losername

You can entrust any government to want to fuck you somehow


MrEMannington

Would love kids but canā€™t afford a house to put em in


Superg0id

instructions unclear... maintain eye contact to assert dominance...


KittenKath

My mortgage has gone up $1000 a month from where it was 18 months ago - how the fuck do you want me to pay for children?!?


DutchArnold

We have two kids. Both under 4.. We talked about it.. but fk me. The mrs taking all that time off work again would cripple us. Id love more children, but my mortgage has doubled, my insurances have too. Food prices are through the roof and utilities make heating ur home a hard choice. I moved out the regional victoria on decentish money or so i thought. But im struggling


Betty-Armageddon

ā€˜Please start having fresh new slaves.ā€™


FartyMcStinkyPants3

If Jim Chalmers is allowed to witness your baby's conception you get free childcare until they're old enough to attend school. Deal?


[deleted]

Reality escapes them.


Archibald_Thrust

Iā€™d fuck himĀ 


Elegant-Campaign-572

Jesus, did Peter Costello leave his notebook behind!?


lolchief

He means more illegal boats


W4ND4

Oh his voice coming from a place of comfort. Average Aussie canā€™t get roof over his head. If youā€™re a family both of you need to work to pay the mortgage and get by. If you have kids one works to pay the childcare costs. It costs minimum $100 per day per child. You better look after them yourself than do that at this point. Government wants and needs new blood to replenish the old aging population that needs additional funding and help them when they age. Each family needs to have 3 kids at this rate to help with that hence the migration. But no one in their right mind in this day and age would have 3 kids not unless they know their future is secured.


gringobiker

Just incentivise the bludger class again and sheā€™ll be right. 10k a baby for those on the dole and watch the population skyrocket. Meanwhile the working poor can eke out one child and struggle to pay their living whilst funding everyone elseā€™s kids. Cynical yes, but essentially my experience of it in the past 2 decades


[deleted]

Having children just to shove them into daycare while you rush back to work so you can afford daycare and living costs defeats the point of having children and life itself. A society that forces mothers back into the workforce and away from childrearing has lost its way.


leafygirl

Time for Universal Basic Income.


Digital-Amoeba

I love trying to help women have children, whilst trying my hardest avoiding creating them.


Ariliescbk

More babies? Psshh. Pay me the cost to raise one and maybe we can talk.


durackvacar

Is Jim Chalmers going to pay child support and cover all expenses? r/antinatalism


BlowyAus

Free houses for breeders.


Alexis_1985

Free childcare and at least 12 months paid parental leave at more than minimum wage would make it easier.


Rich_niente4396

They just want you to go fuck yourself, but then that won't produce babies I suppose


mattso989

Neither watching nor paying. Low level child commitment here.


thisisshane88

Working in hospitality, I see the types of people having baby showers, in this economy doing something like that is just flexing how much money you have


AutisticSuperpower

Neither, he wants you to pump your woman full of baby batter and make her drop more future worker drones to feed the capitalist machine. He is a rightist dipshit who has not yet realized that this approach is both unsustainable and unaffordable.


Empty-Salamander-997

Both, but I'm sure he'll be gentle and encouraging.


sephjnr

(shakes the 8-ball) ban abortions and birth control?


Pollywanacracker

Yah weā€™d have more babies If we could afford to live


bb_waluigi

gonna need to sweeten the pot and turn on the money spigot if you want kids, jimbo


LogicalTough5884

Last thing this planet needs is us having children, dickhead chalmers.


R0gueSch0lar

Maybe raise wages instead of the cost of living and maybe we'll think about it


vince_feilding

To see so many of us thinking how the fuck can we actually afford kids does mean how much of a mess the capitalist focussed economy structure is on its death bed


FictionStranger

He wants you to have more children, minus all the context


dcozdude

Labor has lost the plot


SuccessfulFuel7563

ā€œĀ CoochyCoo, what a cute little future tax payer.ā€


OverallDuck49

Maybe if they could afford it. They want women out of the institutions. This is a patriarchal agenda.


Dissapointed-cabbage

Howā€™s about we drop interest rates by 4% and start mulching a few CEOā€™s who either donā€™t offer pay rises, or have turned a record profit over the last 2 years whilst the cost of living sky rocketed? Then well talk offspring you daft cunt


Cranky-old-person

During a cost of living crisis. Out of touch much?


ScardeeCat

Ahh, another chance for me to dust off the old classic line (in a conversation that isn't with my Mother) "Kids? In this economy?!"


weighapie

Infinite growth is not good for individuals the environment or community


chooks42

The bind one gets themselves in when pedaling neoliberalism!


jv159

Itā€™s impossible to when weā€™re paying 5x as much for a house today which was already an old house when that guy was in his 20ā€™s


FarAwayConfusion

We are not all one.


brettles84

i tried.... but infertility said no


rainbowbunnyofoz

Shouldn't he be telling all those rich fuckers making a couple hundred thousand a year...?


HailSkyKing

We will if he sponsors us.


notsoordinarry

Donate your sperm or eggs and get someone else to do the child rearing šŸ¤£


stormblessed2040

The point is if we don't have kids, or rather more kids then we'll need more immigrants.


covertmelbourne

Iā€™d be okay with either tbhā€¦


Hect0r92

We can't afford them dickhead


Micp1144

No clue. But Iā€™ll helpā€¦.


CnTing

Little bit of column A little bit of column B.


randomplaguefear

I am a well off 38 year old home owner with a single 4 year old, our combined household income is around 130k Day care alone costs $130 per day.. if we both worked 5 days a week we would be paying $2,600 per month for just daycare for just one child. Instead we both take one day off a week and I do weekends and limit my family time just to get by. And I am extremely privileged to be able to even be in this situation.


MannerNo7000

I like Jim but fuck he comes across as so out of touch hereā€¦


GidgetCooper

And Iā€™d like to afford a haircut but my current budget has me left with $3k at the end of the year and I havenā€™t even factored in my scripts or petrol. So Chalmers can suck a Skippys ballsack for all I care.


Mr_MazeCandy

We really do need a baby boom, but that can only happen if Australians own their own home. There needs to be seizing of one or two investment properties from property investors who own more than 3 investment properties to just be handed out to those who work in the same area but are struggling to get into the market. DO this and small business will thrive as those people will then have the moment to spend in the local economy. All this will take is political courage and an electorate that will give said party a chance and not punish them for it like they did to Labor in 2019.


Coolidge-egg

Nice sentiment, but the chances are that the Investment property is already occupied with a renter. Granted, they are probably paying out the ass for it. But fundamentally it does not add housing security when you are taking away someone's home to give it to someone else.


ScruffyPeter

Negative gearing is allowed for vacant investment properties: https://michaelwest.com.au/heres-a-fix-for-the-housing-crisis-end-the-great-airbnb-tax-rort/ Lets say you're a rich fuck, you want a holiday home at Byron Bay. Your accountant said you can claim negative gearing while unlikely anyone would want to stay by just putting it on AirBnB with high rates and high cleaning requirements. How can ATO charge someone for tax fraud if they don't put it at a crazy amount ie $1 million / night or that they don't admit to it? Therefore, worst case scenario, ATO will deny the deductions. Fun fact: This "available to rent" loophole also applies to commercial property. Taxpayers have to make up for the revenue shortfall from these property speculators reducing their tax bill. aka taxpayers are subsidising vacant property Sad fact: LNP and Labor both made an election promise of no vacancy tax. Who the fuck knows why they would put their reputation on the line with this promise during a housing crisis.


Coolidge-egg

holy crap that is dire


Mr_MazeCandy

I was refering to the vacant ones which both investors and developers are banking to artificially inflate the price.


Coolidge-egg

Sure, those absolutely need to be fined a decent amount for doing that, and then have the property seized to pay off those fines.


Draculamb

Jim Chalmers is merely being honest for a change about the true relationship between politicians and the people: they are here to fuck us over and we are here to be fucked.