Comments by "Actual Facts" (@actualfacts1055) on "‘Not good news for the Australian economy’: RBA increases June inflation" video.

Labor will always have higher inflation and interest rates.
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Labor means foreclosures are on the way, keep voting Labor when you are trying to find somewhere to rent.
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@ApexAL We are on the same page then as long as you don't put your hand out for a pension when you retire to bludge off others instead of providing for yourself.
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@ApexAL Of course as long as they don't whinge that they can't live in luxury.
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@ApexAL White people only, can't argue with that 😁🤪😝🍻☺️😍🥰😅😂😭😭
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They are slow to react just like in America.
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@larrylongprong5219 No I notice things for myself, I'm not a stupid Labor Communist drone who can't think for themselves, stupid poor numbskulls vote Labor everyone knows that.
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@No-wo8ri You seem to think that absolutely everything that happens in Australia is done by the Federal Government when in fact they do bugger all, but they can bugger things up by banning new resources projects and giving billions away to other countries which is exactly what Labor is doing.
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@No-wo8ri The richest people own the best homes that will never change, I agree that negative gearing should be scrapped and more low cost housing needs to be approved by State Governments and Councils for first home buyers only and not investors to get them into the market but good luck getting them to agree to that.
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 @ApexAL What has that got to do with you being a Labor voter, do you like high inflation and interest rates ?
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@No-wo8ri Auspol, the Greens and Michael West wherever you get your left wing bullshit from is exactly that, bullshit. Australian corporations don't pay tax is complete bullshit, they pay 30 percent company tax that's why they pay fully franked dividends because they have paid the tax plus mining companies pay royalties to State Governments. All mining projects effect the environment to some extent but that's better than Australia being a third world country that can't afford to import anything and the world needs resources to make everything that we take for granted. Plibersek is currently examining whether to ban 18 new resources projects because a ratbag Queensland Greenie Activist lunatic group asked her to, let's see what happens.
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@larrylongprong5219 Thanks for your in-depth analysis and market commentary.
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@No-wo8ri Low wages growth because of low inflation and banks determine the minimum deposit for a home not the Government and it's economic problems not economy problems. It comes down to maximising export income to produce a strong economy but Labor wants to destroy our export industries to do the opposite.
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@No-wo8ri The GFC taught us the importance of iron ore and coal exports, how else do we pay for everything that is imported into Australia with bloody fairy floss. I will keep getting paid big fully franked dividends, with 30 percent tax credit because 30 percent tax has been paid while you keep begging for handouts like a Communist peasant. Mining companies, banks, supermarkets etc pay 30 percent company tax numbskull, get your share unless you are too gutless to take the risk like a bloody pansy.
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@No-wo8ri Funny that you rely on a one sided video that explains what tax companies don't pay but ignores what tax companies do pay. Remember Paul Keating brought in dividend imputation so that shareholders didn't have to pay company tax and income tax on their dividends not Scott Morrison.
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@No-wo8ri I lived through it all and understood everything that happened including the Government guaranteeing bank deposits to avoid a run on banks which didn't cost the Government anything and in fact charged the banks a fee for doing it and all of the experts saying that iron ore and coal exports to China saved our arses. I will try to find the video though. Paul Keating deregulated banking which meant that there was never a shortage of money to borrow to buy a home.
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@No-wo8ri The only thing that I agree with is that negative gearing should be scrapped because investment loan interest should not be tax deductible against your salary because your salary is not investment income. Wages growth was low because inflation was low, job keeper stopped people being retrenched and was supported by Labor who wanted to increase and extend it, banks decide how they lend not Government and people need to weigh up the risk when borrowing or investing money and State Governments pay for their electricity infrastructure. You wanted more money printing to help people in the pandemic which would have increased debt, inflation and interest rates. The Federal Government doesn't set wages, the Fair Work Commission just sets the minimum wage. Labor has banned all new resources projects making us poorer into the future to pretend to save the world from climate change. SA buggered up their electricity supply so bugger them.
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@No-wo8ri Oh yeah if you double capital gains tax and tax it the same as income it will cause people to never sell investments to invest into something else so the Government will actually collect less capital gains tax and it will stifle investment into more productive enterprises, economics 101.
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@No-wo8ri The Fair Work Commission increased the minimum wage not Labor to 5.1 percent after inflation came in at 5.0 percent which is nothing new for the Fair Work Commission which it has done ever since Labor introduced it to independently award increases to the minimum wage based on a whole stack of economic data which resulted in it sometimes awarding increases sometimes above and below inflation. Albanese writing a letter saying he wanted a 5.0 percent rise had no effect on a 5.1 percent rise being awarded. Real wages growth will never happen under Labor because inflation will keep being blown out by Labor wasting endless amounts of money on the Voice, NDIS, welfare payments, giving billions to other countries and banning all future resources projects to pretend to save the world from climate change. Rampant unions will result in overpaid and overstaffed public servants and banks closing all of their branches and investment in Australia being a thing of the past.
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@No-wo8ri Look after yourself because Labor isn't going to do it for you, invest for yourself and don't rely on superannuation which Labor wants to confiscate with sneaky measures. Play the cards that you are dealt and stop making excuses and begging for handouts and you might end up as a self funded retiree like me not having to keep being interrogated by Centrelink to get tax payers money which could be spent on worthwhile causes instead.
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@No-wo8ri Keep thinking like a Communist and you will end up on a pension begging for handouts. I think like a capitalist and am a self funded retiree. You have obviously chosen your route. Is Labor going to actually achieve anything for the Communists, I doubt it. A booming housing market is a symptom of a growing population, running out of desirable land, low interest rates and a booming economy brought on by booming iron ore, coal and gas exports.
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@No-wo8ri You have no control over what Governments do just what is best for yourself, politicians come and go, they are in it for themselves and you have to do the same. Rising interest rates will make property go down the same as falling interest rates make it go up. Get onto the property ladder with whatever dog house you can afford and trade up in the future.
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I am getting 4 percent with an investment savings account, your ordinary account is just for every day transactions.
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@Verifyourage So banks and supermarkets and petrol stations have suddenly become greedy, gee whiz why weren't they always like that, must be the change of Government or pigs flying past doing it or maybe their brains have been affected by Covid.
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@petesmitt Banks are there to make money and you are there to do what you need to do to benefit yourself. You could always buy bank shares and earn a lot more from getting dividends every six months. You could even go to their annual meeting and tell them that you want to get lower dividends so that customers don't have to get off their lazy arses to get a better interest rate by having to have more than one account.
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@petesmitt Banks need funds that they can rely on to lend out that's why they have investment accounts where the balance is fairly stable but normal transaction accounts the funds get withdrawn as fast as they are deposited.
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@petesmitt Well done you are not as stupid as I thought you were, now be a big boy and buy bank shares to get a real return on your money if you have the guts and be bothered to get off your arse and take some risk like a capitalist and stop whinging about other capitalists making too much money, no charge for that, it is not investment advice just for entertainment purposes.
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@petesmitt Ok I tried to help you to grow your wealth but you want to stay as is , that's fine.
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