Stand united and fight against planned tax on unrealised gains
Janet Albrechtsen’s warning about the evils of the tax on unrealised gains in superannuation deserves much greater attention than was obvious during the recent election campaign (“Just look who’s home free on the super tax”, 21/5).
Hard to imagine any difference on this policy between the Libs and the Nats. Instead of focusing on personal issues, both parties should join together to run a co-ordinated campaign against this unjustifiable tax methodology.
That campaign should start now so as to increase pressure on the government before the parliamentary term starts.
Michael Neustein, Bondi Junction, NSW
I can’t understand all the media hype about the unrealised capital gains tax in super funds. Isn’t this is what the Australian people overwhelmingly voted for?
Ron Marlborough, Attadale, WA
Our loss, China’s gain
When will people realise that all the subsidised solar, wind and battery factories, including domestic panels and batteries, are all a short-term feel-good fix?
Within 10 to 20 years, all will have to be replaced. The disposal problem will be enormous and produce a vast amount of carbon dioxide. For decades, China will be cashing in. Coal, gas and nuclear power stations will last for 50 to 60 years.
John Kreicbergs, Middle Ridge, Qld
Curtains for rebates?
Treasurer Jim Chalmers’ concession that energy rebates must end suggests that hard economic reality may finally getting through to the Albanese government (“Chalmers concedes rebates ‘must end’ ”, 21/5).
No longer will they be able to soften the blow of rising energy costs by refunding taxpayers some of their own money. The other beneficial outcome of this development is that Chris Bowen will no longer be able to hoodwink energy consumers that his totally renewable grid is producing cheap energy, as the price they will be paying for electricity continues to rise and rise.
Bill Pannell, Pemberton, WA
While politicians play games in Canberra, the real world finds ways to cope. The nonsense of net-zero goals is gradually being exposed, but business interests continue the charade (“Carbon fallout may be net-zero own goal”, 21/5). Unfettered by Paris accords, developing countries are queuing up for the coal necessary to improve their lifestyle while we are busy destroying our own energy avenues.
John McRobert, Indooroopilly, Qld
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