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The Finance/ Business/ Money Thread

How do you invest?

  • Real Estate

    Votes: 7 50.0%

  • Stock Market

    Votes: 6 42.9%

  • Superannuation

    Votes: 8 57.1%

  • ETF

    Votes: 6 42.9%

  • Crypto

    Votes: 2 14.3%

  • Savings Account

    Votes: 9 64.3%

  • Mutual Funds

    Votes: 3 21.4%

  • Precious Metals

    Votes: 2 14.3%

  • I don't invest

    Votes: 0 0.0%
  • Total voters
    14
Muz said:
What would eventually bring that new Government down was its attempt to introduce a Resource Super Profits Tax on our mining industry, in an attempt to share some of the wealth from the mining boom among the Australian people.

The mining industry spent $28million in attack ads against the Government until Labor were forced to remove Kevin Rudd and replace the tax with a significantly watered down version that the mining industry were happy with.
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Those ads were fucking pathetic. The same tactics were used when that senator from South Australia wanted to introduce a one dollar limit on pokies. Alot of bullshit about communities being destroyed and sports teams going to the wall due to lack of corporate/club sponsorship.
 
Why is no one talking about this?


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erogenouszone said:
Because your financial expertise starts and finishes with a piggybank with 5 cent coins. Hope this helps.
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to be fair to him, he now knows the difference between a tariff and the GST after it was pointed out and explained to him.
 
LFC said:
Maybe because most if not all importing is using the US$
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Exaclty right,,, There is a very good reason China prefers its Yuan to be devalued on global markets....... Donnie's mates have explained it to him and now he is desperately tring the same to do the same to the dollar......
 
Muz said:
What's that? Farken crickets.
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Fuck them. I did the same i only invested and bought asx shares but still went up and hoping this trend continues. Supporting Aussie markets whilst helping my own back pocket. Win win.
 
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