21/05/2026
Well written by a man who I do look up to in this industry. His way with words is a talent. A nice piece Alan.
Since the Dailymail has jumped on our last post, to set the record straight we NEVER praised Albo. In fact, I never even voted for Albo. The point of our post was to acknowledge that at least something was being done to address housing affordability, whether right or wrong, but also to address serious dis-information being spread.
The rot that has set into Australia has been going on for many years from both parties. From privatising our assets, giving away our natural resources, encouraging wealth inequality to plain as day high level corruption re-branded as political donations. We should be the richest country in the world - the envy of the world. Instead we have become a laughing stock and sadly us, the people, allowed it to happen.
Nearly every single comment we received was a breath of fresh air that there are intelligent people left in this country - and for that thank you! This post addresses some of the comments as there are far too many to respond to:
You don't need to be intelligent to run a small business, and the stupid memes proved my point. For those who scoffed at what will happen when I retire let me state easy to find fact. There have been zero changes to the small business CGT concessions. Read that again. Nothing has changed. We will not be paying any higher CGT. In fact, we will likely pay zero CGT as we fit under the threshold of $6 million in assets. $6 million??! I've still got to make $5.5 million before I even get close. And do you seriously think I'd be playing with stupid buses if I had $6 million? Even at a crap term deposit of 4.7%, I'd earn $282,000 in interest alone on $6m, which is significantly more than I earn now.
Do not believe that every business owner is rich. Do not believe every business is sale-able. No fool would buy my business that has no contracts, no guarantee of work, no certainty with locations because we can't own our depots and is made up of ageing, depreciating buses. Please someone pay me millions for my business. I'd happily pay the CGT.
We are profitable. When I started this business I aspired to be obscenely rich. After working 6 months it was obvious I would never be filthy rich. It has given me a comfortable life but more importantly I get to control my destiny, work with my best mates and get to hand-pick all the absolute legends I work with. Plus I get to play with my passion: vehicles. I don't want my kids to follow my dream. I want them to follow their own and actually have opportunities.
If the previous generation worked hard, they got ahead and lived a comfortable life. My generation is riddled with a life time of debt with the majority counting on inheritance to loosen the noose around their necks. My kids will be cooking me a special Beef Wellington before they even have a chance to get ahead unless housing affordability is addressed urgently. I am not ready to die yet.
The majority of tax income of near 50% comes from PAYG individuals. But let's break it down a bit more honestly. Twenty percent are public servants, so their tax income is the government's money going around in circles. Business actually creates real tax income for the government - of which yes employees pay far too much. As a company, I too draw a wage and likewise pay income tax the same as everyone else. I also pay company tax, which only makes up 20% of the overall tax revenue, but that is because offshore companies pay next to zero, so it is Australian businesses and Mum & Dad businesses footing this bill. Then add GST, payroll tax, land tax and stamp duty, and I can assure you businesses contribute more than you realise. Meanwhile old mate with his investment properties is paying less tax, proudly making money out of the basic necessity of life which is a roof over your head, and celebrating when property prices become out of reach for everyday Australians.
I don't mind paying tax. When a fellow Australian has a disabled child, I'm proud to know he or she will be looked after. Where I come from, they will starve to death, living on the streets. I can walk the streets knowing social security means the risk of getting mugged is extremely low. If I listened to Pauline Hanson in the 90's to "go back where you came from" I couldn't walk around carrying my phone, and would need a decoy wallet ready for a robbery. Luckily Asians aren't Paulines target anymore. It is all the fault of the Middle Easterns now. Sucks to be them.
So the point of this post:
1 - Do not get fooled by mainstream media controlled by the elite. These are the same elite who convinced everyone to send their sons to fight in Vietnam - so long as it wasn't their son.
2 - Take an interest in politics and fight for what is right for our country
3 - If we really need to march on Canberra, rest assured my coaches can fit the guillotines underneath.
