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Joined 1 year ago
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Cake day: June 20th, 2023

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  • They’re using “Mr Kumar” as an example here, but this story goes back a long way. Huge parts of the wealthy northern suburbs, and prime real estate near the most popular beaches in Sydney are held by a handful of people. They bought this property a long time ago, but the “newer” property investors are basically working off that template. You can actually walk around those suburbs and find a bunch of empty properties. They don’t care about the rent, they prefer to show as little income as possible. They just want the capital gains when they sell. Often these people are retired and can get significant tax concessions.

    The “newer” investors are doing this but with properties which are much cheaper. They do it like a job or a business. It’s not healthy for the country either, but it’s actually less of a rort than the institutional wealth in this country.



















  • It’s important to recognise the mechanism is more important than the intent. If people cannot blow the whistle safely, then the “government” can freely keep secrets. “Government” is in air quotes here because often it’s the spooks or the military who get to keep secrets, often from the elected officials. This means that MPs are often kept in the dark (and sometimes on purpose, in a Berejiklian-style “I don’t need to know about that” sense) and this means that a bunch of people who we pay taxes for can do what they like with impunity.

    If the secrets are kept, then the people keeping the secrets are not accountable to anyone. This is a serious problem if they start to violate the rights of people on Australian soil. You might feel like it’s not going to be you, but it well could be. There is no safety on that gun. The only way around it is to make whistleblowing safe.