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Matt Grudnoff

👤 Speaker
128 total appearances

Appearances Over Time

Podcast Appearances

The Briefing
KIIS sues Kyle & Jackie O + Your guide to the budget’s tax reforms

And if they sell up, obviously first home buyers are going to be able to buy those properties.

The Briefing
KIIS sues Kyle & Jackie O + Your guide to the budget’s tax reforms

I think there was a lot of impetus for change in 2016 and 2019 when Bill Short took to both of those elections.

The Briefing
KIIS sues Kyle & Jackie O + Your guide to the budget’s tax reforms

And then Labor got cold feet on it because they lost the election.

The Briefing
KIIS sues Kyle & Jackie O + Your guide to the budget’s tax reforms

I would argue that wasn't the policy that lost them the election.

The Briefing
KIIS sues Kyle & Jackie O + Your guide to the budget’s tax reforms

But, you know, regardless, they got cold feet on it.

The Briefing
KIIS sues Kyle & Jackie O + Your guide to the budget’s tax reforms

But I think the big problem is the housing crisis just keeps getting worse.

The Briefing
KIIS sues Kyle & Jackie O + Your guide to the budget’s tax reforms

And more and more people are either locked out of the housing market and really upset about it,

The Briefing
KIIS sues Kyle & Jackie O + Your guide to the budget’s tax reforms

Or they know people.

The Briefing
KIIS sues Kyle & Jackie O + Your guide to the budget’s tax reforms

They're worried that their kids won't be able to get into the housing market.

The Briefing
KIIS sues Kyle & Jackie O + Your guide to the budget’s tax reforms

They're worried their grandkids won't get into the housing market.

The Briefing
KIIS sues Kyle & Jackie O + Your guide to the budget’s tax reforms

And they're looking around and they're saying, well, you know, why should we be helping investors buy their second, third, fourth, tenth, fiftieth property?

The Briefing
KIIS sues Kyle & Jackie O + Your guide to the budget’s tax reforms

Shouldn't we be helping first home buyers?

The Briefing
KIIS sues Kyle & Jackie O + Your guide to the budget’s tax reforms

Well, this is an interesting one.

The Briefing
KIIS sues Kyle & Jackie O + Your guide to the budget’s tax reforms

There aren't any changes.

The Briefing
KIIS sues Kyle & Jackie O + Your guide to the budget’s tax reforms

So while we've got rumours on negative gearing in the capital gains tax discount, we haven't heard anything about a tax on gas exports or a change in the way we tax resources.

The Briefing
KIIS sues Kyle & Jackie O + Your guide to the budget’s tax reforms

This has come about because people are basically really upset that basically the gas industry is ripping us off.

The Briefing
KIIS sues Kyle & Jackie O + Your guide to the budget’s tax reforms

We look around the world and we see so many countries, Norway, the UK, Qatar, Saudi Arabia, the list is really long, who tax their gas industry and their oil industry properly.

The Briefing
KIIS sues Kyle & Jackie O + Your guide to the budget’s tax reforms

And Australia basically gets ripped off.

The Briefing
KIIS sues Kyle & Jackie O + Your guide to the budget’s tax reforms

We give away more than half our gas for free.

The Briefing
KIIS sues Kyle & Jackie O + Your guide to the budget’s tax reforms

And the very super profits tax that's supposed to take advantage of periods like when Russia invaded Ukraine and the gas price went up.