Blog: Money & Meaning
Real stories, hard truths, and thoughtful reflections on money, independence, identity, and what it means to find your own version of “enough.”
Includes insights, tools, and practical breakdowns for navigating money, pensions, property in Australia and more - helping you obtain financial clarity.
Wait, What? Taxing Me for Living in My Own Home? The Economist Fantasy That Would Punish Ordinary Australians — Why It’s a Terrible Idea
Some economists want to tax you for the “benefit” of living in your own home. It’s called imputed rent — and it could mean paying income tax on the rental value of your house, even while struggling with mortgage repayments. In Switzerland and the Netherlands, homeowners get mortgage interest deductions to offset this. In Australia, we don’t — which means ordinary families, single parents, and pensioners would be hit with a double blow. Here’s why this proposal is unfair, unrealistic, and the wrong way to fix our housing system.