Invitation Accepted!!!
And how could I resist - after all Joe is the Treasurer that promised so much but has delivered so little.What a great opportunity to ask some pertinent questions, like:
Who are the real leaners v lifters?
What are the facts about negative gearing?
How does an emergency budget deficit become a walk in the park?Why are rising house prices good for our youth?
Why are we running a big Australia policy when we have rising unemployment and falling incomes?
What will the budget deficit look like when Iron Ore is US$20 per tonne?
Why do we have a Treasury Dept that cannot budget with an annual expenditure of $b when a $99 subscription to www.Macrobusiness.com.au would provide better research?
I'd welcome any other suggestions we could ask the Hon Member.
Update - smackdown postposed due to last minute ministerial commitments and has been rescheduled, with the new date being Wednesday 28 October, 7:30-9:00am.
3 comments:
Ask him why should Australia, sovereign issuer of its own currency, spend so much effort trying to balance a budget measured in fiat. Does he really think Australia will not be able to pay its bills if payable in AUD?
Is not the real economic crisis rising unemployment and underemployment?
Are you actually going to attend and ask or is this more of a hypothetical?
Frame your questions so they are relevant to the forum and you may get taken more seriously e.g.
Why are many small businesses unable to offset losses against other income (having to carry them forward) while property investors can (negative gearing)?
See here for rules on this: https://www.ato.gov.au/Business/Income-and-deductions-for-business/Claiming-tax-losses/Offsetting-current-year-losses-against-other-income/
Or
What motivation do banks have to lend money to small businesses when the government has fostered an environment where they are better off lending to property speculators?
Or
A combination of the Capital Gains Discount and negative gearing has herded investors into property, driving up land prices, which results in higher rents, what impact do you think that's had on small business owners who need to lease a premises?
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