Andrew Chilcott

🔥 Tech, startups & disruption 🚴‍♂️ Stoic & Hack triathlete

[Andrew Chilcott @Andychill79]

@TopherField As a lifetime Liberal voter, it doesnt matter how many seats the Coalition ends up with. What matters is preference sharing and a loose Coalition on the right.

If it means the Liberals take a few less seats but we turf out this horrible Government, then so be it!

[Gav Meister @GavinBrx]

An Australian family in Perth just sat down and did the maths the government hoped you’d never do.
Cost to buy & own a home over 34 years: $2,016,850
Taxes paid to the government over the same period: $2,717,865
You paid more in tax than for your own house. Let that sink in.
Breakdown:
• $2.2M in income taxes, GST, duties & excises
• $105k in council rates
• $94k in vehicle taxes across 7 cars
• $300k in tax on your super (the money meant for retirement)
And what’s the big relief in the 2025 Budget? A $268 tax cut.
That’s $5.15 a week — less than a pie and a beer.
You’re not bad with money. You’re being taxed into the ground.
I love this country, but I’m bloody tired of everyday Aussies working their whole lives just to hand over more to the government than they spend on their home — while those collecting it face zero consequences.
The numbers don’t lie.
Time to prepare, protect and future-proof your family. The fighting spirit is needed now more than ever.
(Martene Wallace on Instagram)
What do you think? 🇦🇺

[Andrew Chilcott @Andychill79]

@WarnieDT @CalvinDT Absolutely kissed. Can Steele be a late out too please.

[Andrew Chilcott @Andychill79]

@BullNakedCrypto Everyone trying to retire on one week of trading...

[Pete Z @PeteZogoulas]

After two months of investigating the NDIS, @DrewPavlou and I finally got the all clear from the lawyers.

The exposé drops tomorrow.

GOD BLESS AUSTRALIA

[Andrew Chilcott @Andychill79]

@FreyaThinks Just #LaborLies and you know how much they want a piece of anything you make on the family home.

[christopher joye @cjoye]

The single biggest winner from the budget: the tax-free owner-occupied home, which is where people will put their money. After the budget doubles the capital gains tax on productive businesses/assets from circa 23.5% to 46-47%, investors will understandably pull money from businesses, shares, commercial property and rental housing and plough it into their tax-free owner-occupied home. It's a great way to push up the prices of these houses. On the other hand, cutting negative gearing while also doubling CGT makes investing in rental properties extremely unattractive. It hammers the capital gain upside on any asset: shares, commercial property, the small or medium sized business you built, venture capital and private equity. It will give Australia the most unattractive capital gains tax in the WORLD (see table below)! So the government's policies will (1) push up owner-occupied house prices, (2) push up rents, and (3) reduce the capital available for investing in any small, medium or large sized business that is driving employment, innovation, growth and productivity/prosperity. Investors will go to other countries where they pay half the capital gains tax, or less. Since these pollies have never worked a day of their lives in the private sector, it is no surprise that when they decide to completely and unilaterally rewrite the entire tax system for all investors and businesses -- after promising before the last election more than 50 times NOT to change the capital gains tax and negative gearing rules -- that they would blow the entire Aussie economy up... Your best bet will be to buy a house, live in it, and hope they keep dropping 500,000 new people into the country every year to pump-up prices...

[Andrew Chilcott @Andychill79]

@MRobertsQLD Go for it Malcolm!

[Andrew Chilcott @Andychill79]

@BullNakedCrypto Lol Taco Tuesday into a Bull Trap Burrito - we all get wrapped and dumped after close.

[Andrew Chilcott @Andychill79]

@0xAbhiP Hard to argue really, I also feel the city is getting better and better each year too!

[Andrew Chilcott @Andychill79]

@PaulineHansonOz Yes please Pauline!

[Eric Trump @EricTrump]

Let me make this very clear: Big Banks (think JPMorgan Chase, Bank of America, Wells Fargo, etc.) are lobbying overtime to block Americans from getting higher yields on their savings—while trying to block any rewards or perks from being given to customers.

These banks, and others, pay rock-bottom rates on standard savings (often 0.01%–0.05% APY), even as the Fed pays them 4% or more. This massive spread fuels record profits, with almost none passed back to their customers / everyday depositors.

Today, the banks are desperately targeting crypto/stablecoins, where platforms plan to offer 4–5%+ yields or rewards. The ABA and other lobbyists are spending millions trying to ban or restrict those yields via bills like the Clarity Act, crying “fairness” and using words like "stability"—when it's really about protecting their low-rate monopoly and preventing deposit flight. This is anti-retail, anti-consumer, and straight-up anti-American.

Next time you see a big bank dropping billions on a shiny new Midtown Manhattan HQ, you know exactly where that money comes from: the non-existent interest rate they “pay” you!

Fortunately, the big banks are losing this fight as customers wake up to the games…

@worldlibertyfi

[Barend van den Berg @barendvdberg]

0.19% fees for a cross-chain BTC → USDT on ETH swap.

On @Pact_Swap someone swapped 0.89 BTC to 59,771.4792 USDT on ETH.

Fees paid: $114.13 (0.19%). 👀

Who said cross-chain has to be expensive?

#Defi done right!

[Andrew Chilcott @Andychill79]

@FranMooMoo just more #LaborLies...

[Andrew Chilcott @Andychill79]

@TimjboAU More #LaborLies...

[Andrew Chilcott @Andychill79]

@Batman2242 @JEChalmers More #LaborLies...

[Sky News Australia @SkyNewsAust]

The Reserve Bank of Australia has refuted Treasurer Jim Chalmers and confirmed that government spending did contribute to the latest interest rate hike.

https://t.co/CsFK85szOb

[Andrew Chilcott @Andychill79]

@MRobertsQLD Yes please Malcolm!

[Andrew Chilcott @Andychill79]

@PaulineHansonOz Go get 'em Pauline - we are behind you all the way!

[Andrew Chilcott @Andychill79]

Growth in DEX volumes in 2025 was driven primarily by single-chain AMMs and experimental / emerging DEXs.

Multi-chain AMMs continued to expand, but the majority of incremental volume came from single-chain AMMs such as:

- Aero (Base), Meteora (Solana) and Raydium (Solana),

and experimental / emerging platforms like:

- HumidiFi (yield optimisation), ZeroFi (privacy), Tessera V (NFT AMM) and Stabble (stablecoin DEX).

The growth engine of DeFi has shifted from scale to specialisation.

#Dex #Crypto #Solana #Base