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clock Created with Sketch. 24/06/25
14:21
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Originally posted by Teddyward:
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Be it a gas deal and infrastructure or a contribution to Super how the hell are you supposed to plan if the rules when you enter such a transaction are changed retrospectively. Next generation coming having seen changes to super etc and barely affording housing are no longer investing in super to same level. Governments are seeing super as a pot of gold and same for housing values so expect a tax or levy or the big one a increase in GST or widening or GST base You missed out either . Governments are spending more than they are getting in and it isn't going towards productive uses .
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Once that wall breaks on GST, it will be more than double the current rate of 10%, within a few years, the precedent is there then for all governments. Lokk at the UK VAT of 20%. Re WDS, get used to it, forget about the myth of dividends and such, not a real possibility longer out.
(20min delay)