Taxpayers support lavish Hillsong lifestyle
Monday, August 16, 2010 20:14Hm…. can’t blame people for thinking this way I guess.
Taxpayers support lavish Hillsong lifestyle
Refer http://www.dailytelegraph.com.au/news/sunday-telegraph/taxpayers-support-lavish-hillsong-lifestyle/story-e6frewt0-1225896526584
THE tax office wants a special national body set up to monitor “not for profit” charities, admitting that churches – such as the multi-million-dollar phenomenon Hillsong – are literally “invisible” to it.
And the sector is expanding so rapidly that $31 billion a year is now being drawn out of the federal Budget in tax exemptions to the ever-growing list of groups claiming church and charity status.
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The price of property have been on the rise in the past few years. Despite there is the government’s first home owner’s grant incentive to assist young owners in buying houses, people are saying that this only means house prices will go up by a few more thousand. There appears to be a national housing shortage; meaning people cannot afford to buy houses and therefore there are more homeless people. In the long run though, house prices will only continue to go up. If prices are “down” now, then now is probably a good time to look into investing if you have the money to do so.