Aussie

🇦🇺🦘 Interest in finance, economics and tax and their connection to driving good government policy. Less government. Less regulation. More prosperity.

[Aussie @AusManUnder]

How much would an average Australian Full time earner save in tax if tax brackets were indexed to wage inflation of 2.5%? $13.8k over ten years!
#auspol #bracketcreep #auspol2026 #australianbudget2026

[Aussie @AusManUnder]

@DavidPocock The tax is for those who use public roads David. There are no public roads to repair on mine sites 🤦‍♂️

Socialism doesn’t work.

[Aussie @AusManUnder]

@DavidPocock https://t.co/ymDCOEUDjy

[Aussie @AusManUnder]

@DavidPocock But David, they aren’t using public roads, that’s why the legislation allows the credits.
Didn’t you know that?! They are literally driving around in the dirt.

#fuelcredits #ato #nopublicroaduse #auspol

[Aussie @AusManUnder]

@DonDurrett Governemnt funded? The private / government split in employment is always worth knowing.

[Aussie @AusManUnder]

@scott_mcfaul @OurWorldInData Great right now ☀️ but after 5pm it’s going to get expensive. We have more solar & wind in the system so prices should have got cheaper over the last 5 years but as you know, that has not happened. Solar cost is also the new hugely expensive transmission line costs often excluded

[Aussie @AusManUnder]

@scott_mcfaul @OurWorldInData No true. You are correct that prices are low or negative during the day but at night they are higher as batteries do poorly and are expensive.

https://t.co/Er6fuSOrnc

[Aussie @AusManUnder]

@LindsayRow84137 @neric16 @DavidPocock Yes it applies to any tertiary education. Government funding up to secondary school provides equal opportunity. Then each to how they wish to pursue their working career.

[Aussie @AusManUnder]

@DavidPocock But David, they aren’t using public roads, that’s why the legislation allows the credits.
Didn’t you know that?! They are literally driving around in the dirt.

#fuelcredits #ato #nopublicroaduse #auspol

[Aussie @AusManUnder]

@cjoye Yes cost base on a loss should also be indexed by inflation to be fair treatment and symmetrical / consistent.

Luckily Jim says this is a new fairer tax so nothing to worry about.

[Aussie @AusManUnder]

@DrewPavlou Taxing capital earnings (original investment is paid for on post tax earnings) disincentivises investment. The only way to improve productivity (living standards )which we desperately need is to have more saving and investing and less consumption. Australia has a spending problem

[Aussie @AusManUnder]

@DrewPavlou The budget we need is no increase in taxes and expenditure reduction. There is some huge waste (NDIS as example) and then the salami slicer to much waste which is everywhere. Only way to stop the inflation. Also regulation ch ages. It’s politically possible but not easy.

[Aussie @AusManUnder]

@DrewPavlou Great showcase and like how you share the thought process - many good points. You ended by saying we are a manufacturing super power but increased company taxes? You also didn’t cut all the climate nonsense that is pushing up prices of energy which we need for manufacturing?

[@jason @Jason]

They updated the most legendary chart on twitter

What stands out?

[Aussie @AusManUnder]

@ChrisEconomist Lots to like!!!!???? They can’t even balance the books let alone pay down the debt which keeps going. This can’t be a serious statement.

[Aussie @AusManUnder]

@ChrisEconomist @TomisCrowley I also prefer more question on why their CGT policy redices housing by 35,000?

[Aussie @AusManUnder]

@ChrisEconomist @TomisCrowley I would prefer to see more scrutiny of the 4 year governments reason for running non-stop deficits WITH bracket creep! How do they justify that?! Comparing us to more poorly managed countries is also not an answer. Increasing debt leaves it to the next generation to be taxed

[Aussie @AusManUnder]

Well done Angus! 👏
#bracketcreep #budgetreply2026 #auspol #auspol2026

[Aussie @AusManUnder]

How much would an average Australian Full time earner save in tax if tax brackets were indexed to wage inflation of 2.5%? $13.8k over ten years!
#auspol #bracketcreep #auspol2026 #australianbudget2026

[Aussie @AusManUnder]

@ChrisEconomist Why don’t we aim for lower personal tax rates so there is less need for many trusts in the first place?

[Aussie @AusManUnder]

How much would an average Australian Full time earner save in tax if tax brackets were indexed to wage inflation of 2.5%? $13.8k over ten years!
#auspol #bracketcreep #auspol2026 #australianbudget2026