Sol Lew his CEO … and Fashion Empire Premier Investments Polity …

Catching up on reports in the AFR and The Oz on what Old Sol Lew, the billionaire retailer and his chief executive Richard Murray have been up to!

With a piece in the AFR, ‘PM and JobKeeper saved Australia: Lew’

They have announced the support of “Premier Investments” Sol’s Fast Fashion Empire behind the Sc.mmo  Guvmnt being re-elected alleging that this guvmnt saved Australia … and that Premier Investments despite the Covid Pandemic is on target for a great Christmas

We had a wander around a major shopping centre in Sydney, and discovered that all his outlets were scattered throughout! Pyjama shop, Peter Alexander, Smiggle with its fast plastic toys, Just Jeans, Jay Jays, Portmans, Dotti and Jacqui E! Clothing pushed out in sweat shops overseas and made to fall apart, and marketed to many on low wages …

In “The War on Waste” Craig Reucassel revealed that:

-waste is growing close to twice the rate of our population

FASHION is one of the fastest growing waste problems in Australia

-Australians are spending more than $5 Billion on fast fashion a year!!

-more than half a million tons of textile and leather ends up in landfill

6,000 kilos of fashion; discarded clothes are piled up;  it takes ten minutes to throw out this pile in Australia

IT may be a good idea to shop other than at Peter Alexander, Smiggle, Just Jeans, Jay Jays, Portmans, Dotti and Jacqui E … instead hang out for the sales of other Australian brands …

Sol and Richie spoke to media following an Australia-Israel Chamber of Commerce lunch in Melbourne back in early December where Josh Frydenberg announced changes to digital wallets and the ‘Buy now Pay later’ sector which is growing with so many … no doubt … on low wages …

The chairman of  ‘Premier Investments’ threw his weight behind the Federal Coalition contrary to most business houses appearing to be publicly political neutral.

It is reported that Lew employs 9000 people in 900 stores… are they Australian or largely Visa workers? 

Back in May 2021 Lew vowed to repay $15.6M of almost $87M … $ Eighty Seven Million … in payments following public pressure from Labor’s attacks over JobKeeper.

Premier’s new CEO Richard Murray who was previously the Chief Executive of JB Hi-Fi and publicly supported the Coalition.  Murray revealed that he had things in common with Lew … that family is important … they love retail, and Carlton … ‘ … and we support the Liberal Party. I think the federal government’s done an amazing job getting us through the Pandemic.’

And in ‘The Australian’ report ‘Premier Investments Chief Richard Murray’s political call’

He urged voters to return the Coalition in 2022!

DESPITE this Sc.mmo government having spent $2.8B of our money favouring Coalition seats – three (3) times more TAXPAYER money than on Labor-held seats.

And running a near $100 billion deficit and gross government debt on its way to $1 trillion.

AND SO MUCH MORE!

HOW many Australians lost their businesses … lost their jobs … with so much Liberal largesse for BIG Business?

In 2019 the miracle for Sc.mmo was the $4.1M from a single donor, the Wakils (property tycoon), one of the largest amounts in political history, dwarfing that of Malcolm Turnbull’s $1.75M in 2016!

This was second only to the $83.3M donated by Mineralogy Pty Ltd to Clive Palmer’s United Australia Party

What now from Solomon Lew?  One would have thought a more worthy cause would be CANCER RESEARCH … Support for our public hospitals dealing with the Pandemic … public schools … public transport  … and doing the Public Good … rather than supporting the Liberal Coalition through ‘Fashion Waste’ sold to a whole Cohort of Australians getting by on a pittance …

EXPECT the print media and the television media to be saturated with slogans and b.s. media blitz for the Libs

Commentators now get Why 4 out of 5 First Home Buyers are locked out of most of Sydney and Melbourne!

They noted the following:

Over the last forty years I have known large numbers of migrants who have told me the same story. Told by Immigration that their skills were in short supply, and that they would walk into high paying jobs.

*When they got here they found that these jobs did not exist.

CAAN: It would appear “the Squattocracy,” the political and social power of squatters who had become rich exploiting illegally occupied Crown land have moved into this realm

The voters, our fellow Australians are to blame!  Through pure greed mums and dads, grandma and grandpa – the ones that voted this government back in knowing that Labor had good policies.

So please for all the people that returned this do-nothing (but damaging) government back in, and worry about their kids save your BS crocodile tears, and vote for what’s best for your kids and country.

We have had our time in the sun – this is pure greed and will leave our kids in servitude without a balanced life.

And for a lot of young people never able to have a home of their own

-Average income workers can’t afford to buy the roof over their head, and face a retirement in poverty.  Thank you Liberal Party!!

And a big thanks to ex-PM John  “no-one ever complained to me about their house going up in value” Howard!

CAAN:  Yes, it was in the late 1990s that the Howard Government introduced the TAX Benefits of NEGATIVE GEARING and CAPITAL GAINS that meant housing became an investment rather than shelter for everyone.

There was an opportunity at the 2019 Election for Voters to grandfather their investment properties (to retain them) and to invest in ‘new homes’ if they so wished!  Negative Gearing was not being removed!

This would have led to more homes being built, and more jobs for the construction consortia; a Win/Win however they believed the scaremongering …. Lies of the Lib Coalition …

SO now we have this frightening predicament …

What happens when salaries for the middle class are kept down, down, down like a bad Coles jingle, and all the wealth is held by the top 20% of upper management and executives who have no compunction about feeding themselves, so long as those below them are kept on the GIG Economy?

CAAN:  The Australian Unions are doing a lot of work, and are very active on social media … it’s time that Everyone (and our Youth) got with the strengthUNITED we stand … divided we fall as is evident! 

*Union fees are 100% tax deductible, which means you can reduce how much you pay in *tax if you’re a UNION MEMBER … hey hey!

And when the immigration gate gets thrown open again it will get worse.
Young Australians will have them to contend with along with established home owners seeking investment properties and overseas buyers.
When is government of any persuasion going to DO SOMETHING?

CAAN:  Why do you suppose this is so?  The solution was on offer back in 2019, so who voted for this? There was a call from Labor to cut temporary migration numbersprior to the Pandemic there were 2.3 MILLION Visa Holders in Australia of which 1.6 MILLION were Visa workers … (prior to this being introduced by the Howard Government in the late 1990s we had permanent migration of 70,000 per annum.)

WHO benefits … hehe ?

READ MORE!

https://www.smh.com.au/business/the-economy/four-out-of-five-first-home-buyers-locked-out-of-most-of-sydney-and-melbourne-20211210-p59gni.html

The Greenfield Housing Code … Do you remember that? And now a ‘New Tax’!!

THIS CODE with lots as tiny as 200M2 x 6M wide was introduced by NSW INC when Anthony Roberts was Planning Minister …

A third of the size of traditional land lots in Australia … obviously better with more freedom than an apartment … but still very expensive for buyers …

NOW … are you aware that Greenfield landowners are to be hit with VALUE CAPTURE? This cost is being taken away from deve-lopers and dumped on landowners! As if deve-lopers don’t make enough …

READ MORE!

Local contributions and land value contributions’

https://www.planning.nsw.gov.au/Policy-and-Legislation/Infrastructure/Infrastructure-Funding/Improving-the-infrastructure-contributions-system/Local-contributions-and-land-value-contributions?fbclid=IwAR18xAQXakx09tecVKRr4VCVDvNGmSVxyn2qeEsyJmXKXIIGVKS-XBxgKNI

It’s a value capture they want to introduce now for landowners; not developers.

AND it is up to 20% of the Valuer General valuation NOW but the planning minister can change it at any time without consultation . Who knows how high it can go?

WHO in the government tried to slip it in? .. In the budget papers? …

NOW they have come back and are trying to push it through. Hardly anyone knows about it … this is what NSW INC do in the lead-up to CHRISTMAS!

AND submissions have to be written!

There needs to be a BACKLASH as the Real Estate Institute said this will push up the prices of land and houses.

THIS is what they are trying to push through:

https://www.planning.nsw.gov.au/Policy-and-Legislation/Infrastructure/Infrastructure-Funding/Improving-the-infrastructure-contributions-system/Local-contributions-and-land-value-contributions?fbclid=IwAR3ml0ynjSctluz-d6WySGQxmJIPCs5ZAfxUhL3Kul5hwXHevMgV8-wM4j8

New Regulations for Infrastructure Contributions Released for Public Consultation’ | Lindsay Taylor Lawyers

Public consultation is now open for new instruments relating to infrastructure contributions reforms. Find out more from the experts.

lindsaytaylorlawyers.com.au*

This is an explanation by a solicitor about the tax but it will AFFECT SUBURBIA not just rural areas. *

This section is disturbing as the NSW Government can also push up the price of up to 20% at any time, and they don’t even have to let people know!

Clause 32 will allow more types of amendments to be made to contributions plans without re-exhibition, including changes to the cost of public amenities and public services and local infrastructure contribution rates set out in the plan as a result of adjustments made in accordance with proposed Division 1B.

ONE of the reasons it was also knocked back in the inquiry … BECAUSE of the powers the Planning Minister will have!

NOW they are trying to push it through again!

HOW good’s this a matter of a few weeks before Christmas … THIS is what they (NSW INC) do!

URGENTLY WRITE YOUR SUBMISSION AND SHARE THIS TO LET OTHERS KNOW!

Even a few lines may well suffice!

AND ensure others know so you can each contribute!

PLEASE SHARE!

AUSSIE House Prices have Risen for 14 Months now … But for how much Longer?

WHAT of the cost to our Society? With a whole Cohort locked out … others taking on debt of $1.4M … what then?

WHO really benefits by these huge price rises? 

IT is not the VENDORS who heaven forbid are not subjected to the same jump in prices that they have gained

WHO benefits … it’s the real estate agent … $30,000 plus COMMISSION on each house sale to be pumped up more when the sale escalates beyond the Reserve …

AND with a number of sales each week …

IT’s not just interest rates … government grants … ‘Hot Money’ … but Agents pushing up house prices

AND the rise in interest rates locks out the aspiring First Home Buyer with minimum deposit … not the investor …

CoreLogic’s head of residential research Australia, Eliza Owen noted big bank and other analyst forecasts of national housing price declines in 2023 due to increased interest rates …

HOWEVER … we may not have to wait until 2023 … SQM’s Louis Christopher report “Housing Boom and Bust” midway through 2022!

Read more!

https://bit.ly/3CYUSCS

Australian house prices rise for 14th month in a row

READ MORE!

https://www.abc.net.au/news/2021-12-01/house-prices-corelogic-november-2021/100663944