LAFHA under threat
#16
Account Closed
Joined: Jul 2006
Posts: 14,188
Re: LAFHA under threat
Yes, I'm aware of that, but those NSW fees are a hard hit to the pocket and a hit that nobody else, other than ACT, applies. It's going to make NSW pretty unattractive for anybody with a couple of kids.
#17
Lost in BE Cyberspace
Joined: Dec 2010
Posts: 14,040
Re: LAFHA under threat
The former NSW governments have been pretty poor and let the state run into some serious problems. Education is just one of them. If the new government want to make some changes, and catch up with the other states, then this could be one of them.
#18
Re: LAFHA under threat
NSW probably doesn't care if temporary workers go elsewhere. In fact, the federal government should force all 457 employers to pay for the school fees of their sponsored employees. Which takes the burden off the state governments and puts it on the employers (where it should be).
#19
Re: LAFHA under threat
I agree with the earlier posts that employers should be picking up at least some of the cost, and I think some of them will. The economy of this LAFHA decision makes the choice of a permanent resident/citizen a more attractive one, to an employer, or other things being equal, puts the burden onto the employee in exchange for the work rights in Australia. Is it a fair trade-off or not, I wouldn't know.
#20
Re: LAFHA under threat
retrospective question: was I elligible for LAFHA when I was here for two years as a temp resident before converting to a PR?
I made no investigation into it (it just didnt occur to me) so I just paid normal tax, with no benefit.
its too late now but should i am i stupid for doing that??
I made no investigation into it (it just didnt occur to me) so I just paid normal tax, with no benefit.
its too late now but should i am i stupid for doing that??
#21
BE Forum Addict
Joined: Mar 2006
Location: Jeddah, Saudi Arabia
Posts: 1,717
Re: LAFHA under threat
Scrapping Negative Gearing would also be a good thing. Never understood why we should give someone a tax break for deliberately running a loss.
#22
Forum Regular
Thread Starter
Joined: Jan 2008
Posts: 160
Re: LAFHA under threat
If I remember they did this once before. Do not know which gov it was.I agree why give a tax break for running at a loss,it might happen again that they remove this break as well. imagine the aftermath.
#24
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Joined: Mar 2006
Location: Jeddah, Saudi Arabia
Posts: 1,717
Re: LAFHA under threat
I can never see a day they will scrap it retrospectively but it could get changed at some point for those about to buy an investment property in the future. It's incredible for all the talk of unaffordable housing that this one never gets debated in parliament. Both sides treat this as some kind of sacred cow for fear of upsetting the vested interests of the boomers.
#26
Re: LAFHA under threat
Most western governments - left and right - have varying forms of middle-class welfare.
#27
Re: LAFHA under threat
retrospective question: was I elligible for LAFHA when I was here for two years as a temp resident before converting to a PR?
I made no investigation into it (it just didnt occur to me) so I just paid normal tax, with no benefit.
its too late now but should i am i stupid for doing that??
I made no investigation into it (it just didnt occur to me) so I just paid normal tax, with no benefit.
its too late now but should i am i stupid for doing that??
#28
Re: LAFHA under threat
retrospective question: was I elligible for LAFHA when I was here for two years as a temp resident before converting to a PR?
I made no investigation into it (it just didnt occur to me) so I just paid normal tax, with no benefit.
its too late now but should i am i stupid for doing that??
I made no investigation into it (it just didnt occur to me) so I just paid normal tax, with no benefit.
its too late now but should i am i stupid for doing that??
#29
Lost in BE Cyberspace
Joined: Dec 2010
Posts: 14,040
Re: LAFHA under threat
I can never see a day they will scrap it retrospectively but it could get changed at some point for those about to buy an investment property in the future. It's incredible for all the talk of unaffordable housing that this one never gets debated in parliament. Both sides treat this as some kind of sacred cow for fear of upsetting the vested interests of the boomers.