CraX

Soon..

[CraX @CringleFinance]

@markbouris Issue is it takes an advanced lifter to know where 1 or 2 RIR is. You see gyms today most people undertrain comfort lifting, going nowhere near failure

[Melinda Richards 🇦🇺🇺🇸 @goodfoodgal]

Good morning…

What do you think?

Should I post this everyday until everyone has had a chance to show their friends?

[christopher joye @cjoye]

What current generations forget is that Australia had *zero* Capital Gains Tax from its founding through to September 1985 - the first-ever CGT was introduced by Labor under Hawke/Keating… New Zealand still has zero CGT. Socialists are trying to tax the private sector to transfer this income to the public sector to fund its out-of-control growth

[Simon Kennedy MP @SimonKennedyMP]

Even communist China has lower CGT than Australia. We have the highest CGT in the world. How does this make sense?

[christopher joye @cjoye]

But they have never worked a day in the private sector; never started a business; built a new product or service; hired a single soul from their hip pocket; or struggled for years, always at risk of going under… What we are seeing is the lid being lifted on those who have always lived completely taxpayer-funded lives trying to take and tax as much as possible to feather the public sector nest. They have never known what it is like to draw a private wage and/or profit. They think it is a zero sum game: any private income, profit or capital gain needs to be redistributed back to government and its dependents. It is the only way they know how to make money: by taxing private citizens and corporations to fund the public oligarchy and its way of life…

[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? 🇦🇺

[Craig Kelly:🇦🇺Foundation for Economic Education @craigkellyAFEE]

Hit new song - "ALBO YOU LIED TO US” by Uncle Ned and Bushrangers.

Lets make it a chart topper

[Buy High, Sell Low @tradeoilstocks]

“Give them a massive amount of oil, agricultural land, copper, freshwater, and every natural resource in the world. Now make them neighbors with the biggest market in the world. Great, now have them leave the resources in the ground and instead flip condos to each other”.

[JAKE FLAGPIES23 🏆🖤🤍 @IncrediblyBozza]

Anthony Albanese is getting absolutely rinsed on instagram.

@DrewPavlou @john_macgowan

#auspol #springst

[Jon-Bernard Kairouz @jonbernardk]

Australian Monopoly 🇦🇺

[Geoff Wilson @GeoffWilsonWAM]

The @ausgov budget on Tuesday will impact all Australian founders, entrepreneurs, investors and ambitious young Australians trying to build something meaningful.

Australia has a productivity crisis and the government is increasing the tax burden on productive risk-taking capital. Stupidity of the highest order.

That is economic vandalism.

A founder who spends a decade building a company is not earning a yearly wage. They are risking capital, sacrificing income, employing Australians and reinvesting for years in the hope of creating something valuable.

Now compare Australia to the rest of the world.

The US rewards entrepreneurship.
Dubai rewards entrepreneurship.
Even Greece is competing for global capital.

Australia is punishing it.

Capital is mobile. Talent is mobile. Ambition is mobile.

The result of these changes will not be “intergenerational equity” it will be “capital punishment” for every ambitious Australian.

The result will be fewer Australian companies, fewer jobs, lower investment and weaker productivity.

The smartest founders and investors are already doing the maths.

And increasingly, they are concluding that Australia doesn’t want them.

This Budget will become the moment Australia stopped competing for growth and started taxing aspiration instead.

#Budget2026 #CGT #Productivity #Entrepreneurship #Innovation #AustralianEconomy #Investment #Startups

[CraX @CringleFinance]

@mrchrisnico @GCTitans 2 games in a row roosters get huge calls no other team gets. Theyre angling them for a premiership

[CraX @CringleFinance]

@lowkeyabby 100%. Reynolds would have been all in refs face after non actions on head highs/injury from a hip drop

[CraX @CringleFinance]

@BroncosRebuild Front rowers too small, getting dominated

[Peter McCormack 🏴‍☠️🇬🇧🇮🇪 @PeterMcCormack]

A minimum wage of £15 would end my coffee shop, it would have to close, as would many other businesses.

I’ll explain for the economically illiterate.

Staff costs are currently half our costs, a £15 minimum wage is actually more than £15 an hour for the company, because you have to add:
- 12.07% holiday
- Sick pay
- Maternity pay if and when required
- National insurance
- Pension contributions

These costs would mean the shop loses money because remember, energy costs are up, rates are up, regulations are up.

Now you can pass these costs onto the consumer - that would mean charging a lot more for coffee, people won’t pay it. The likes of Starbucks and Costa can, because they have economies of scale. The independent doesn’t.

Now the little socialist will say well this is your fault, if you can’t run a business that can afford to pay its staff properly, but the little socialist has never run a business and does not understand the dynamics.

Now I could pay some staff off and fill those hours myself or reduce us to one staff member during certain periods - but this proves the point that a minimum wage costs jobs.

There was a time when these jobs were done by kids, perhaps on the weekend, paid a lower wage, no holiday and no silly employment rights. Perhaps they were even paid cash. The dynamic worked and small businesses like this could operate. It was also a great first job. Sadly now it isn’t worth employing entitlement youngsters at this level of pay.

So alas, I don’t need the stress, the business would close, a number of jobs would be lost.

Economics is about understanding these dynamics, no vibes.

The cost of living is not solved through passing on inflation to the business, it is solved by ending high inflation and creating prosperity. This is what socialists don’t understand, they can’t create prosperity, they can only destroy it.

[Matt Barrie @matt_barrie]

Even taking the fake inflation data at 4.6%.
Not included are rents @ >33% of income, mortgages >45%, and electricity is up 25%.
The 'average Australian' the ABS measures apparently lives in a tent and walks to work.
True inflation is about 11%

[CooperBaggs 💰🍞 @edgaralandough]

Carl Jung believed life truly begins at 40, viewing the first four decades as "research"—a preparatory phase focused on building an ego, establishing a career, and meeting societal expectations. The second half of life, starting around 40, is for inward exploration, authenticity, and fulfilling one’s true self (individuation) rather than pursuing external validation.

[CraX @CringleFinance]

@RennickGBR @matt_barrie There is no way you are naieve enough to believe taxation and redistributing it via 'balancing the budget' holds relevance anymore. Giving govts a pass to increase any taxation unser the guise of reditribution, without reigning in spending is foolish.

[Aɴᴛ @AntSpeaks]

British comedian Pat Smith brilliantly points out the hypocrisy surrounding the subject of mass migration in the UK.

[Melinda Richards 🇦🇺🇺🇸 @goodfoodgal]

He’s right.