Dobbo Chats - News (1 May)

0:00Welcome back to Rural Queensland today. Well, let's look at a bit of news going around at this moment. Ellen Ransley from the Courier Mail has written this article, but the government have got a bit of trouble on their hand around this Olympic stadium. Now, we know the traumas in Rockhampton and the rowing situation. And we've seen that for some time. But first nation groups are now fighting to stop the new Victoria Park Stadium on what they believe is sacred resting ground. And Indigenous groups have lodged six cultural heritage applications, claiming Brisbane's Planned Olympic Stadium site, a Victoria Park sacred land used for ancestral burials and sorry business. Now, the crowd, the save Victoria Park Rally, Indigenous groups have claimed they planned Victoria Park Stadium should not be built because the area is used for sorry business and a resting ground for ancestors.

1:00New details about cultural heritage claims on this site have emerged and federal environmental minister Murray Watt received at least six applications under the cultural heritage protection laws. His exact words were, because he won't come on this show and he used to, but he won't. We are working on our way through those applications at the moment. Three notices of applications are published. Today's career male and the Queenslanders given four weeks to make representations. In one application, the Jaggera, Jaggera and Turrable First Nations First and claim the development poses an immediate and serious threat to the site, profound cultural and spiritual ancestral significance to First Nations people. They said the side of the baraben is of profound cultural and spiritual ancestral importance to them and their family.

2:01So the application claims that the site investigation had commenced, which risk irreversible damage to the last remaining cultural significant area of Brisbane, where Indigenous communities maintain a connection to their traditional homelands. If the development proceeds, the baraben will permanently be destroyed, eliminating any possibility for cultural healing or reconciliation. I don't want to, in any way, take this away from these people, but are you serious? Why has this just come up now since they're going to build a stadium there? Vicki Park, it was a golf course and you didn't have a problem with anybody going on the golf course. Now this has been submitted to the Queensland Government, which the 63th Stadium and Aquatic Centre and Associate Infrastructure. Could be done. This is just a headache that the government don't need, and this is becoming more and more

3:02drama-filled with now applications going left, right, and centre. Now Mr. White has rejected an herbal and application to stop drilling, made under a different section and he's appointed an independent, facilitated, immediate. So if it's just money, well let's get to the bottom of it. But the State Government said it would forge ahead with building the stadium even if Mr. White was still considering cultural heritage claims. Well they need to get something decided once and for all because this is starting to become a headache that they don't want. Now I talked about this a little earlier about capital gains tax and the shake-up for Australian property shares, investment taxes, and trying to protect your assets. How embarrassing is it that Australia has been forced to rethink the way it invests under the Albanese government as they finalise a tax shake-up? Which will then trigger a push to buy through companies and super funds as investors look

4:07to minimise the impact of these tax hikes. So reforms to the capital gains tax and limits on negative gearing are widely anticipated when the treasurer Jim Charmer's hands down the budget on the 12th of May. While the move to reduce the tax benefits of families and discretionary trust is also on the table. So everybody's under the microscope at the moment. Most of the changes are expected to be grandfathered, meaning they'll only affect investments made after certain dates in the future. And financial advisors are generally recommending that investors wait. But this is what is going on at the moment. We have a bloke, well the name of Jim Charmers, who is trying to get some money back. The renewables and the NBIAS and all that is costing them a heap of money. We've all been using family trust for some time and they've been commonly used to spread income across family members to lower tax rates in a bid to reduce household overall

5:11tax bill. We'll trust now and distributions. They're about to get a whack. While at May currently appear as a good option for tax minimisation, the government is considering imposing a minimum tax rate of 30% on distribution, similar to the policy of 29 election by then Labor Bill Shorten. So most people have been able to shift their money around and everybody gets a little bit. Well, a company would pay 23.5% tax compared to the 30% of a trust. He hasn't done himself any fibres, Jim Charmers and this is what happens. Has anybody thought about the NBIAS and what a mess it's been? Well, maybe, just maybe if they look at the waste of money that has come out of that and the racketeering that's been going on, they might not have to worry about it. Women's State of Origin, New South Wales took a one-neil lead overnight and it was 11 points to six,

6:15six-neil at halftime to Queensland and it didn't go that way. It was a tough slog. I actually don't know why the first game of the year is State of Origin. I think the NRL have got that so wrong, but they obviously want to tie the season in at that same time, but I can tell you now he absolutely, they absolutely need to look at that because the origin should not be the first game and there's obviously a lot left in there. Now, David Christopher Lee has rejected the buyback scheme after the bond dietary check. He's just refusing to consider a national gun buyback scheme and rightly so, the Christopher Lee government have refused to it, reconsider it and they're not going to do anything. They have got gun laws implemented here and I believe that they've made the right decision. So, I just would like to say to everybody that you can say what you want

7:20of our David Christopher Lee, that he's doing a hell of a good job. We will get Wade Kierzer on next week and obviously Sean Dillon will be coming on here next week as well, but very clear that he beats to his own drum. So, I'm extremely happy with that moving forward that people and gun owners can absolutely feel safe in the sense that they are going to be all right moving forward. We're going to take a short break, come back, still plenty more to get through. This is Rural Queensland today.