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Time to honour our Anzacs and ramp up defence spending

Marching with veterans in Gunning, ANZAC Day 2024

Australia has a habit of being caught with its pants down when it comes to defence spending. In 1938, Australia’s defence spend was a miserable 1.6 per cent of GDP. In the last ten years, it has wavered around 1.9 to 2 per cent. While the measure of defence spending as a percentage of GDP does not necessarily reflect the capability of one’s defence force, it does indicate that Australia has not been pulling its weight.

My election coverage in The Spectator AustraliaTime to honour our Anzacs and ramp up defence spending.

Albo wants to tax 'future you'

One day, you're gonna get caught with some savings

If you want to get ahead in Australia, it will never happen under a Labor-Greens government. Albo and Adam are running out of your money, so now they are coming after ‘future you’.

We’ve been forced to have a large chunk of our money locked away in super funds since 1992. Of the $4.2 trillion currently locked away until retirement, union-controlled industry super funds hold about one quarter – over $1 trillion – of our money. Part of this ends up funding Labor. I explained how over a year ago.

But now Labor wants to double the concessional tax rate on super funds with a balance of $3 million or more (from 15 to 30 per cent), and also to tax unrealised capital gains. Basically, Labor wants to tax ‘future you’.

Writing in the Unfiltered newsletter, Alexandra Marshall had this to say:

And if you’re still thinking of taking the handouts and voting for Labor (or the Greens…) Michael de Percy warns that their new plan is to tax your future. Not only do the Greens want to rob your grave and deprive your children of their rightful inheritance, Albanese wants your retirement savings. ‘Labor wants to double the concessional tax rate on super funds with a balance of $3 million or more (from 15 to 30 per cent), and also to tax unrealised capital gains. Basically, Labor wants to tax ‘future you’.’

My lates in The Spectator AustraliaAlbo wants to tax future you.

Third debate attitude reflects leadership: we ain’t got either

In Bhutan, there is a sense of the common good and of service to one’s country.
 
Unlike Albo, Dutts is up against the mainstream media (MSM). Listening to left-leaning journos give Albo the win in the third debate, and others avoiding calling it because they are closet lefties, makes it clear to me where the MSM’s loyalties lie.

In such an environment, there is some merit in Dutts not being ‘authentic’ about himself and trying to tone down his strength. But this approach is bleeding conservatives to the right. Anecdotally, the Liberal Party is haemorrhaging badly.

Meanwhile, Albo has done the opposite and has been as floppy as a puppy by delivering an Easter message via his pets.

Writing in Unfiltered, Alexandra Marshall had this to say:

Michael de Percy wasn’t very impressed with the debate either and has cautioned Peter Dutton about softening his image to appear ‘relatable’. ‘This approach is bleeding conservatives to the right. Anecdotally, the Liberal Party is haemorrhaging badly.’ The polls agree – if the polls are real. Although that said, it is very difficult to explain what voters have seen in Albanese. His debating skills are non-existent. At best, he played his slogans back like a scratched DVD - stuttering and skipping bits of sentences. It sounds okay until you try to transcribe it and then you realise what a true mess his mind is.

My latest in The Spectator Australia, Third debate attitude reflects leadership: we ain’t got either.

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