Opeson

Even a tax heavy anti-growth (value shredding on east coast) budget policy cant reverse the long boom of WA we at Opeson predicted a decade ago will roll out from 2020...on cue tada.

Now these new policies were not predicted but to be frank we quite like the growth slowdown.

As it enable everyone to get their ducks in a row and strategise this next phase whilst the "economic forces" landscape reshapes.

One thing is certain we need significantly more houses than we are building.

.



Source: The West Australian

Perth houses set for 7 per cent growth to record high Perth houses are forecast to grow a median 7 per cent in price next year to reach a new record high, with interest rates likely to hold for a year.

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The results are in & Perth has officially come of age!

Being pipped by Inner Melbourne by .2 yes that is "point2" out of 100 on...lifestyle activities.

"The research, conducted by Muval, analysed regions across the country using 17 lifestyle factors including dining, nightlife, fitness, recreation, events and cultural venues.

Sydney’s City and Inner South were crowned Australia’s most entertaining places to live.

[score of 71.8 and recorded the country’s only perfect 100 eating-out score]all at a hefty price.

Inner Melbourne placed second with a score of 63.4, narrowly ahead of Inner Perth on 63.2 "
..beating out all of Queenslands action hot spots even the panderring to poliyicians in the gilded lily of Canberra didnt get close.

It is Perf-ect after all.

Doesn't seem right does it ...fairer for young people??? I dont so.

More like big advantage to big institutions, again!

Imagine if everyday Australians were able to lobby government...guess what, they do!

It's called an election....call an election and let's see someone position change for good.

https://www.instagram.com/reel/DZTrianS3Yr/?igsh=b2g5Yml0MnNiOTUz

30% new tax for everyone except for Labor mates

Opeson is calling it, this is an...

"Oprah Budget"

You get a tax and you get a tax and you get a tax.....you?
Yes you get a tax and you get a tax too!!!

All under the cover of intergenerational inequity of house prices they caused to balloon with unprecedented immigration numbers and restrictive building policies.

And yet their own white paper predicts...
..Fewer houses will be built...supply will be restricted even further.

Plus if values are suppressed many of the builds wont stack up for financing due to reduced valuations.

Therefore given those they said they were helping are living at home or renting.....and rents will now skyrocket and rentvesting an established place is no longer an option they have in fact...
..pulled up the ladders of advancement and ambition and ruined the framework that put them into such a great place themselves, which is protected through grandfathering.

The Oprah Budget delivered by the German Sausages of government...

Wurst PM ever
Wurst Treasurer ever
Wurst Finince Minister ever

The Biggest Tax Grab in Australian History

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Q. Will Budget lower house prices?
A. More so on east coast as market was already cooling.

NB: NOT WA but let us spare a thought...

Recently this government lured First Home Buyers into 5% deposit home loans.

Now they are likely to be in negative equity.

That is if they can avoid foreclosure.

Their repayments increased every time RBA tries to cool inflation caused by government spending.

How many First Buyer Australians will have just swapped their cash(5%) for a debt that could easily be $100k+.

And...as there are less investors rents will skyrocket.

All so this gruberment can pay their bills

Cabinet Estimates say CGT/negative gearing changes saves $3.6B in 5 years

That is $720m per year

That amount is only 28.85 times of.....Penny Wong's last expense account...

Let that sink in.....not salary...not benefits...just her expense account!

All this systemtic damage on everyday Australians when we could just trim the beauracratic fat.

Sure it needed changes and we proposed some but the nonsense and hypocracy they expect us to swallow is outrageous.

Anthony Albanese’s budget attack on property investors has already claimed its first victims in yesterday’s auction market and experts say it is only the beginning.

Maybe its Maybeline but surely she cant be worth it!

Yes that is Half a Million Aussie Smackos for 3months of Penny Wongs expense account...

[ Equal to thirty(30) Australian workers fulltime median salary after tax on her Amex ] . > {actually 28.85}
..but Olivia, Henry, Rachel or Jacobs negatively geared, ETF, Rentvesting or start up SME they actually risk their own skin on to have a go is the problem costing Australia. 🥒

I can hear Ms Wong avoiding a question then turning to Jimbo...quick pull up the ladder on these di**it Gen Zs & tell them "Boomers screwed you" but we are making it "more fair" 😅

Pub Test anyone 🫨😮🙄

OK it is an American survey but still interesting...

1. Can you spot the missing thing?

2. This is what happens when you remove wealth development tools, mechanisms and pathways, you breed/build a hyper dependant voter base.

Pre Australian Federal Budget we would call it foreshadowing...now obvious ending...
..unless a script twist character, vocal group inspire the resilient core into returning independance and aspiration as core values.