James Thompson
speaker
987 appearances
3 recordings
1 series
first heard Jul 2026
last heard 18 Aug
James Thompson’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 3 in all, peaking in Aug 2026 with 2.
Appearances
And part of it is, as you said, that having the ready cash to pay the wealth tax isn't easy.
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Inheritance taxes, you know, they don't raise that much money.
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Guess what he said the best form of wealth tax might be?
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What?
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Capital gains tax.
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Because you know the value of the asset, it's just been sold, and the person has the ready money to go.
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Yeah, of course.
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Yeah, so I thought that was a very interesting, and I said, oh, funny you should say that.
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Paul, maybe Australia's ahead of the pack in this area.
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Yeah.
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I mean, yes, in theory.
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There's lots of other factors, of course, like what's happening to the state of demand more generally.
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You know, if the population's growing, there's probably still going to be demand for that sort of property.
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Perhaps that outweighs the impact of the negative gearing change.
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You know, does...
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Do first home buyers who couldn't have had a look at Nathan's apartment suddenly get a look in and that helps support the price?
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There's other things to think about.
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The interesting part of that question for me, Alan, is...
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Nathan says that in suburbs like his, there are no buildings allowed above three stories.
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That three-story bit interests me because the Productivity Commission came out with a set of recommendations around planning for housing and how that could be improved or changed to get supply going.
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