Policy Talk's Avatar

Policy Talk

@policytalk.bsky.social

Supporter of Left politics, seen too much damage from the Right. Fierce critic of media kowtowing to the powerful. Cricket fan, travel tragic (75 countries so far)

131 Followers  |  139 Following  |  126 Posts  |  Joined: 12.11.2024  |  1.6754

Latest posts by policytalk.bsky.social on Bluesky

A thread that defies reality. This government is a million times better than Morrison's and the anti-Albo tripe is way, way over the top. Open to criticism, yes. This nonsense, no.

08.09.2025 11:11 β€” πŸ‘ 1    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

There's always one.

23.07.2025 22:37 β€” πŸ‘ 1    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0
But an even bigger thing to look at is debt recycling, which is particularly useful for someone who inherits a large sum or simply has some spare cash.

Here’s how that works. If someone has a home loan and $500,000 in a bank account, they could take $499,999 of that money and put in their home loan. They could then redraw the entire amount and use that money to buy an investment such as a share portfolio.

β€œThat means that all the interest costs on that debt are then fully tax-deductible because it’s for investment purposes. And so you’re talking about a really significant tax deduction. If you think the average mortgage size in Australia is like $700,000-odd, then $40,000 a year of the interest on that could then become tax deductible,” Nash says.

β€œIt’s a great strategy. It’s one that we use quite a lot with our clients, particularly the higher-income earners.”

But an even bigger thing to look at is debt recycling, which is particularly useful for someone who inherits a large sum or simply has some spare cash. Here’s how that works. If someone has a home loan and $500,000 in a bank account, they could take $499,999 of that money and put in their home loan. They could then redraw the entire amount and use that money to buy an investment such as a share portfolio. β€œThat means that all the interest costs on that debt are then fully tax-deductible because it’s for investment purposes. And so you’re talking about a really significant tax deduction. If you think the average mortgage size in Australia is like $700,000-odd, then $40,000 a year of the interest on that could then become tax deductible,” Nash says. β€œIt’s a great strategy. It’s one that we use quite a lot with our clients, particularly the higher-income earners.”

If you want to get just how rigged the tax system is for the rich, have a read of this tip from the AFR "wealth reporter"

16.06.2025 02:11 β€” πŸ‘ 573    πŸ” 199    πŸ’¬ 34    πŸ“Œ 12

Paywalled.

07.05.2025 22:53 β€” πŸ‘ 1    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

*Of course* advance information on US combat operations is classified. Pretending otherwise is an insult to our troops, who all know this.

The Secretary is unfit to lead.

21.04.2025 00:01 β€” πŸ‘ 73130    πŸ” 14979    πŸ’¬ 1318    πŸ“Œ 471
Post image

This is insane. The ramblings of a madman.

14.04.2025 20:54 β€” πŸ‘ 597    πŸ” 112    πŸ’¬ 69    πŸ“Œ 7

And only believed by mad men and women.

15.04.2025 07:13 β€” πŸ‘ 5    πŸ” 1    πŸ’¬ 0    πŸ“Œ 0
Video thumbnail

The President of the United States seems oddly focused on me.

Shouldn't he be focused on the economy he's crashing?

09.04.2025 01:07 β€” πŸ‘ 32710    πŸ” 4547    πŸ’¬ 2886    πŸ“Œ 379

Rex, your obsession with Albo, while giving Dutton a free rein, is not winning you any friends.

03.04.2025 06:51 β€” πŸ‘ 2    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0
Post image

πŸ‘‡πŸ‘‡

28.03.2025 19:59 β€” πŸ‘ 26644    πŸ” 8650    πŸ’¬ 449    πŸ“Œ 308

Hegseth, Waltz and company texting war plans to a reporter on signal is just the tip of the iceberg. This whole administration is full of incompetent, inexperienced, and unqualified clowns. Our national security is compromised in ways we’re just beginning to understand.

25.03.2025 17:31 β€” πŸ‘ 37223    πŸ” 9615    πŸ’¬ 1539    πŸ“Œ 500
Post image

ABC's #Insiders is now #SkyNews on Sunday. Smarmy Liberal Party fanboy David Speers blatantly uses the program to push the LNP agenda. It is not fair or balanced. It does not accurately reflect the current Parliament (rarely interviewing Teal independents.) It is not journalism. #auspol #AusVotes25

23.03.2025 03:41 β€” πŸ‘ 360    πŸ” 99    πŸ’¬ 42    πŸ“Œ 5

Rex shifting his bile from Albo to Malinauskas.

17.03.2025 22:00 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

Worst paper in Australia.

04.03.2025 22:12 β€” πŸ‘ 1    πŸ” 0    πŸ’¬ 1    πŸ“Œ 0
Preview
Editorial: A president just disrespected America in the Oval Office. It wasn’t Zelensky It’s time to say it plainly. America’s leadership has switched sides in the war. The American people have not, and they should speak up. In the past several weeks, the U.S. leadership has demonstrate...

NEW: A searing editorial in the The Kyiv Independent.

β€œIt’s time to say it plainly. America’s leadership has switched sides in the war. The American people have not, and they should speak up.

β€œA president just disrespected America in the Oval Office. It wasn’t Zelensky.”

@kyivindependent.com

28.02.2025 22:45 β€” πŸ‘ 68016    πŸ” 19331    πŸ’¬ 1278    πŸ“Œ 1047

Fuck Donald Trump
Fuck JD Vance
Fuck Marco Rubio
Fuck Lindsey Graham

Fuck ALL the spineless, hypocritical, lying, worthless, traitorous Republican bastards.

01.03.2025 04:30 β€” πŸ‘ 15974    πŸ” 2964    πŸ’¬ 559    πŸ“Œ 158

They're desperately backtracking. Losing subscribers.

28.02.2025 20:37 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 1    πŸ“Œ 0

So, I guess they’re not draining the swamp after all, but instead are filling it up even more. Do I have that right? πŸ€·πŸΌβ€β™‚οΈ

28.02.2025 14:18 β€” πŸ‘ 7322    πŸ” 927    πŸ’¬ 454    πŸ“Œ 51
Video thumbnail

What a disgusting human being Donald Trump is.

28.02.2025 18:39 β€” πŸ‘ 1547    πŸ” 231    πŸ’¬ 121    πŸ“Œ 37

One of the duopoly will govern. Constant criticism of Labor not solving every issue is why it's now line ball.

Enjoy Dutton, because you don't learn from history.

28.02.2025 07:42 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

Why link to a paywalled article?

27.02.2025 22:34 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

With him, forget the obvious bias, his incompetence and lack of understanding of political issues is appalling.

27.02.2025 22:28 β€” πŸ‘ 1    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

Yes, they haven't been perfect and solved my pet issues immediately, so vote for Voldemort.

Nose, spite, face.

27.02.2025 22:21 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 1    πŸ“Œ 0

News Corp and Dutton are LOVING the whinging β€œprogressive” movement against Labor. They’re loving every minute of it.

16.02.2025 22:28 β€” πŸ‘ 98    πŸ” 20    πŸ’¬ 12    πŸ“Œ 2

Serious question for my followers. What’s your priority for the upcoming federal election? Railing against the two party system, or stopping Dutton becoming PM? And if your answer is β€œboth”, you’re not being realistic about what it will take to stop Dutton becoming PM.

16.02.2025 22:22 β€” πŸ‘ 183    πŸ” 56    πŸ’¬ 156    πŸ“Œ 14
Post image

Yes, exactly! Boo fucking hoo.

27.02.2025 17:54 β€” πŸ‘ 5496    πŸ” 1053    πŸ’¬ 643    πŸ“Œ 137

Oh really. And in a free market, so what given the action now taken.

27.02.2025 22:10 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

It's expected from the Coalition-backed MSM, but so disappointing from the ABC.

And journalists have a problem with the standing of their 'profession'.

27.02.2025 22:07 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0
Preview
Trump intervention suspected as Andrew Tate, brother Tristan leave Romania for U.S. despite rape charges Four British women who've accused Andrew Tate of rape are "in disbelief and feel retraumatized by the news" that he's been allowed to leave Romania for the U.S.

Donald Trump just helped free Andrew Tate from his rape and human trafficking charges.

Tate has bragged about grabbing women by their necks, breaking their jaws, and said β€œI am absolutely a misogynist.”

27.02.2025 17:01 β€” πŸ‘ 6995    πŸ” 2589    πŸ’¬ 981    πŸ“Œ 520

The political report on the news is now the only part of the news that is opinion, not news.

27.02.2025 22:02 β€” πŸ‘ 2    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

@policytalk is following 17 prominent accounts