The Forum > General Discussion > Can we save manufacturing in Australia
Can we save manufacturing in Australia
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How do you propose the lowering of business costs will save manufacturing when we pay $20 per hour yet compete with $2 per hour?
As for the NBN, what's wrong with this who want x-fast BB paying for it, because unless the average punter wants to play faster games, or download porno's faster, what's it's real use?
Negative Gearing, if we remove the tax incentive for investors to invest, do you think they will keep investing. Because this means they will have to first earn their income and pay tax. They then need to pay interest, rates and charges etc with after tax dollars.
Now what do you think will happen to affordable housing once the investors leave the market? Where do you think the renters will go then?
One reason house prices increase is because investors sell houses. One reason they do this is to take a profit which they then reinvest, often in to two properties, both heavily geared. The end result is more rentals in the market. Removing NG places this at risk.
Think very carefully before removing NG because you may not like the end result.
As for saving manufacturing, all I can say to anyone is dream on!