Readers’ letters on a better Future Made in Australia idea; judges’ claims to avoid a super tax; the real hurdle for young people buying a home; the irony of Dubai floods; and an outstanding expat.
Prime Minister Anthony Albanese’s proposed $1 billion of taxpayer funding for solar panels made in Australia is a poor idea. China has a well-established, mature industry that produces the cheapest solar panels in the world.
A better proposal would be to manufacture high-value-added pharmaceuticals in Australia, possibly in a joint venture with American or European companies. Australia has already established itself as a credible producer of healthcare products, such as powdered baby formula, which has achieved export market credibility.has to be one of the most ill-conceived, knee-jerk reactions to US policy I’ve seen. This will make the NDIS look like a Swiss watch running with absolute precision.
I suggest the Albanese government give him a call to grasp how policy, not subsidy, is the direction in which to take Australia.As expected, some members of the judiciary have argued for exemption from the proposed 30 per cent tax on super balances above $3 million, effective from July 1, 2025 should worry more about the perversities of our tax system and less about indexation on their HELP debt and constraints to buy a first home it was mostly bluff.”).
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