“The OECD’s annual employment outlook confirms that not only did profits drive Australia’s inflation in 2022, but that growing profits are also behind the most recent increases in prices that led to the Reserve Bank raising rates” writes Greg Jericho, chief economist at the Australia Institute.
“In February this year, the Reserve Bank raised interest rates because it was worried about rising inflation in the last 6 months of last year. However, analysis by myself and David Richardson, showed that the major cause of increased inflation was increased profits.”
“The 2026 OECD Employment Outlook found that not only were profits clearly the main cause of inflation in 2022, but they confirmed our research that the cause of rising inflation in the last half of 2025 and the early part of 2026 was profits, not labour costs”.
Read the full piece on The Point: https://t.co/KhjiWAebXJ...
Small business is reeling at shock news they can't pay ATO by credit card from 30 Nov. It's good credit card surcharges are now banned, but if the Gov expects small business to wear the cost, the ATO should too. I've demanded the Gov reverse the change #auspol@ACCINews
Congratulations News Corp -- ten great years of appearing in the ATO's company tax data without paying a cent in tax on tens of billions of revenue!
But keep on lecturing us about how the country should be run!
https://t.co/rbNeyPEk6S
you are COOKED if you can't make $20K+ per month online in 2026
1. you can use AI to generate 300 posts in 15 minutes
2. you can get millions of views without spending a penny on ads
3. you can put words in a document and sell it 1000x for $50+ each
4. you can hire workers for $2.50/hr
100 years ago you needed your life savings just to START a business
today you can start for free on your iPhone in seconds
My 1.3 to 2.4 GPA teenager students that began working with me 10 months ago are making $30K–$80K+/month now
I got a student Zain was earning minimum wage at a café in may 2025... now he's making $78K/month and bought an AMG Mercedes
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For a glimpse into @DavidShoebridge's vision, he wrote this for Deepcut a month ago.
"The Left must meet this moment. It must capture and direct the anger, and deliver a clear anti-establishment message of hope, action and change. We need to shout from rooftops that we will tax the super rich, we will throw open the doors of parliament to community and slam the doors shut on grifters."
https://t.co/cW6e6gwa2G
Woodside’s quarterly revenue jumped 28% to $6 billion. Santos made $1.35 billion in quarterly revenue. Shell reported $13.9 billion in quarterly profits, its strongest result since 2022.
The gas giants are cashing in and you'll barely see a cent.
Anthropic & Open AI want Aust govt to weaken copyright law so they can shift model training to Aust. What they dont say is an Aust opt-in/out system would let them copy global material without paying, as long as it’s copied in Aust. My piece here: https://t.co/1wTWVG8kR4
There are heaps of reputable solar brands in Australia, and a minefield of crap ones.
My rule: if I wouldn't put it on my grandmother's roof, I won't recommend it.
Here are the brands that pass my test.
One investor went thirty years without a losing year. not Buffett. not Soros. not Simons. just him.
six months ago he sat down and explained his entire method on camera. for free. the finance industry pretended it never happened.
his name is Stanley Druckenmiller. he ran Duquesne Capital from 1981 to 2010. 30% a year. zero down years.
in 1992 he bet ten billion dollars against the British pound and broke the Bank of England in a single afternoon. then he closed his fund, returned every dollar of outside capital, and walked away.
the first thing he says in this interview is the one sentence nobody in finance wants to hear. contrarianism is overrated. he does not search for disagreement. he searches for the setup.
the uncomfortable part is what he says about building a portfolio today. he does not start with stocks. he does not start with diversification. he starts with where disruption is moving fastest and places concentrated bets. the exact opposite of what every financial advisor charges you to do.
Buffett lost years. Soros lost years. Simons lost years. he didn't. he gave the method away on camera six months ago. the finance industry is still pretending it didn't happen.
the interview is free. the people charging you 2-and-20 to do worse are hoping you never find it. I've been finding these for weeks. your timeline hasn't. follow or keep missing them.