#tax #stampDuty #climate #government #greenhouse #areYouACommunistGetInTheVan #NSW

In New South Wales and other places, when you buy a house, you pay a lump of tax. (We call it "stamp duty", I have no idea why don't ask me).
It doesn't hurt so much, because borrowing more money to cover tax is no added pain - you've already been beaten to a bloody pulp by a bank, what's an extra $50k on $500k anyway?

Idea:
The Federal Government imposes a tax on buying property, payable after one year.
As a buyer, you either; spend 0.5% of the property on solar, insulation, electrification or storage, or you pay 0.5% to the government.

The payment would be tied to climate change mitigation efforts. It'd be a lot like the Medicare levy - either do your own, or forfeit an equivalent amount so the Government does it for you.

Call it the Greenhouse Levy.

(If the levy has already been paid on a property in the last 10 years, no need to pay it again, you are already infrastructured-up. After that? it becomes payable, that infrastructure needs some maintenance now.)

As a climate scientist who has warned about the threat of climate change for decades, I think the fact that we just saw what was probably the hottest day in recorded history, and probably in thousands of years, is deserving of attention...

https://www.cnn.com/2023/07/05/world/hottest-day-world-climate-el-nino-intl/index.html

Can we stop this nonsense that people want the flexibility of casual work?

Some may but I have never worked in a casual job where I've had flexibility! The flexibility always is taken by the employer & they'll tell you whether they want you to come to work.

#Auspol #Business