The Aust governments 30% income tax under $200k is a message that it soon will be around the average wage, they are going to inflate so 200k is the new $50k low wage where you can't get ahead. People should have seen that the central banks and governments were printing while raising rates, they put out the fed whisperer and Alf Peccatiello of The Macro Compass they are a bunch of fools likely disinfo, they were only right from Jan 2022 to Sept 2022 and have been wrong since, I remember Adam Taggart asking him is the fed going to pivot, he said why would they and they wouldn't just days before the pivot and when the market already knew the fed was going to pivot a month or two before, completely wrong again. I think the Aust government is worried about commercial restate and it requires a lot of inflation and immigration to turn it around, there are a lot of vacant commercial buildings, they could let the prices drop but what I have seen vendors rather not lower prices and keep shops vacant, they are all in the know, the government will inflate money and the number of people in Australia forever and at ever increasing rates, there will be yearly mass migrations from the 3rd world of 1+ Million each year and keep increasing it. Aust government will need to print to house them because that is what our government likes to do, make housing soar so Aussies can't afford to live and bring in migrants using the welfare system to house them. I think it's shocking what they are doing, I certainly would not hold AUD or Government Bonds. Investors are going to be forced into buying gold, silver and other similar investments.
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