lee wrote on Feb 21^st, 2026 at 1:11pm:


Other governments don't have the exorbitant tax breaks for Oz  investors in housing - introduced by Howard:

(google)

The 50% Capital Gains Tax (CGT) discount and the current form of negative gearing in Australia were established at different times, with the most significant modern changes introduced by the Howard Coalition Government in 1999

Do try to keep up.

Quote:


Yes I am aware that you know how to use google. But do you know what you are talking about?

Quote:


Why should I address automatically generated content from google that was copied and pasted by someone who does not even understand what is says?

freediver wrote on Feb 23^rd, 2026 at 4:51pm:


Yes, while you obviously don't know what you are talking about....

Quote:


Why should I address automatically generated content from google that was copied and pasted by someone who does not even understand what is says? [/quote]


"Someone" - being AI analyzing millions of articles on the topic.

But FD's brain is crippled by delusional Thatcherite 'free market/small government'   isdeology. Menzies had a far greater guide re government financing (ie JM Keynes)  than Thatcher.

thegreatdivide wrote on Feb 23^rd, 2026 at 4:57pm:


Is that supposed to be a response to what I said, or did you just google something random again?

freediver wrote on Feb 23^rd, 2026 at 5:12pm:


AI 'output' is a convenient  summation of knowledge on a topic:

AI can effectively summarize knowledge on negative gearing, explaining it as a tax-effective investment strategy where expenses (interest, repairs, depreciation) exceed income. AI is proficient at explaining that this strategy allows investors to offset losses against other income (like salary) to reduce taxable income.

However, AI should be used as a research tool rather than a source of definitive financial advice, as it cannot consider an individual's personal circumstances and may occasionally produce incorrect information

Note : "research" - something you should try sometime, rather  than relying on your ideology-crippled brain to avoid confronting the truth in the OP.

Howard created the housing investor's paradise  - at a time when the mining boom was enriching government coffers.

Hence the current unaffordable housing crisis, with wealthy rent seekers laughing all the way to the bank while recent mortagees and renters are paying the price as interest rates rise. 

lee wrote on Feb 23^rd, 2026 at 5:27pm:


Housing investors in Australia access unique tax benefits, primarily through negative gearing, which allows them to offset rental losses (where expenses exceed income) against their salary or other income, reducing their overall tax liability. Key exclusive tax breaks include claiming building depreciation, structural improvements, and significant, non-cash tax deductions

Primarily but not confined to...


Quote:


Doesn't change the truth of the OP.; house prices in Oz are expensive  because rent-seeking investors in private housing, incentivized by unique tax advantages (see above)  have pushed up prices, in a high demand scenario supported by high immigration,  cf the US.

Australia's population is growing at a significantly faster rate than the United States, driven heavily by high levels of net overseas migration. Recent data shows Australia's population growth rate often exceeding 2% (e.g., 2.1% - 2.5%), whereas the United States' growth rate has remained, by comparison, much slower, frequently running under 1%.

freediver wrote on Feb 23^rd, 2026 at 5:39pm:


Incorrect : AI summarizes  knowledge on specific topics, often including citations from scholarly articles  and government documents, not on "what is said" by 'joe blow' on the internet.   

Quote:


Uncomprehending semantics: AI "knows" 1+1 =2, and E = mc2; both of which are true.

Moreover: 

(from google AI)

E= mc2 is Albert Einstein's equation representing mass-energy equivalence, stating that energy (E) equals mass (m) times the speed of light (c) squared.

(And notice it "understood"  whai I meant when I typed 'mc2' .


AI "knows" it by comparing billions of 'bits' of information  on the topic:

AI answers questions by analyzing massive datasets using machine learning and natural language processing (NLP) to identify patterns, associations, and context. Instead of just searching a database, models predict the most likely, coherent next words based on learned language patterns to generate responses, or use tools to retrieve real-time data.

This video explains how AI generates answers....

Clever  - eh. I expect you are terrified of it.....

Like I said - do some research.


Quote:


Incorrect. AI "knows" Oz investors have unique tax breaks , supercharged by Howard who wanted to sell off public housing.....


Quote:


Oh dear, don't you feel silly now I have revealed your ignorance re AI not "understanding" or "knowing"? (...your words).

Quote:



Certainly not convenient if it doesn't "understand" or "know" (your words) the topic. 

Quote:


So "convenient BS":   ....is that an oxymoron or a merely a contradiction?   

Let's check.....

"BS" (Bullshit) usually implies something false, irrational, nonsensical, or difficult to accept.

"Convenient" implies something that is easy, fitting, or advantageous to a specific purpose.

Clever, eh - your contradiction concisely exposed.


Quote:


You must be feeling sillier by the second, as AI demolishishes YOUR so called "understanding"...

Quote:


Ladies and gentlemen:  FD's crippled brain - exposed by ....AI!