Phillip Cummins

Venture Capital Investor

[Phillip Cummins @CumminsPhillip]

@Telstra RIP to Telstra, Starlink is future

[Telstra @Telstra]

⚠️ We’ve made good progress restoring services, with just under 90% of calls and data now flowing successfully across the network.

Our teams are working as quickly as possible to restore remaining services and get all customers back online.

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[Phillip Cummins @CumminsPhillip]

Well, I am sure the Australian dressing room was very different? But this day and age they might have been saying the same chants

[Phillip Cummins @CumminsPhillip]

@STEPHENLACK5 @elonmusk Wow Steve looks like you were wrong. I think you are living in a bubble. I am sure the dems will save you.

[Ian Miles Cheong @ianmiles]

Europeans are discouraged from using air conditioning in their homes during the summer in order to "save the planet." And the Chinese are making fun of them by installing AC units for their pets. You love to see it.

[Phillip Cummins @CumminsPhillip]

@Ozzytourer @karlstefanovic @elonmusk Sorry what lies, misinformation and bullShit, you mean the time Albo was on?

[Phillip Cummins @CumminsPhillip]

My take on current AI market

https://t.co/paqmyPWjJd

[Phillip Cummins @CumminsPhillip]

Cheap intelligence may be coming, but scarce production will still matter. The winner may be whoever combines open/closed strategic positioning, token production capacity, and runtime-compute-driven model quality better than everyone else.

[Phillip Cummins @CumminsPhillip]

I just wrote my first note on Substack https://t.co/TuLGkJXx5w

[Phillip Cummins @CumminsPhillip]

@theallinpod @BillAckman @thefriley @thomas_coatue @DanielSLoeb1 Love Sarah Friar @thefriley interview, power genX player. The flip phone reference was gold

[Pauline Hanson 🇦🇺 @PaulineHansonOz]

Today I announced One Nation's policy to get Australians a better return on the Commonwealth's gas and oil, our natural resources at @au_energy_prod

We want more gas extracted and more money given back to Australian's future wealth.

One Nation would partner with the oil and gas industry rather than treating it as an enemy, with the aim of increasing exploration, development and production of oil and gas

Under the policy, the party would introduce a 30 per cent rebate for genuine oil and gas exploration in Commonwealth waters, while giving the Commonwealth Government the option to take up to a 30 per cent equity stake in any production licence.

This would mean real ownership of Australia's natural resources by the Australian people.

Rather than acquiring ownership by force, the government would pay its share of costs as a joint venture partner and receive a corresponding share of production.

To manage these interests, One Nation would establish a special investment vehicle called the Australian National Wealth Investment Corporation (ANWIC), which would hold the government’s resource stakes and be tasked with making decisions for the greatest benefit of Australians.

Government would receive their proportion of oil and gas which could then be directed to the domestic market, used to support critical industries such as fertiliser, energy and smelting, or sold into export markets to help reduce government debt.

ANWIC would be overseen by a board made up of people with proven oil and gas industry experience, rather than career bureaucrats, and the Commonwealth would remain a non-operating partner while private-sector experts continued to run projects.

The policy would also allow ANWIC to invest in existing projects, but only on commercial, arm’s-length terms, with the government paying its way as in investment rather than taking over projects.

In return, the Commonwealth could choose to receive either its share of profits or physical gas supply, giving it the flexibility to support domestic manufacturing when needed or benefit from selling at high international prices.

One Nation argues this approach is even better than a domestic gas reservation policy, which can be blunt and inefficient. We also reject proposals for a 25 per cent gas export tax, because this measure is purposely designed to kill the gas industry.

Alongside these structural changes, One Nation would cut “red, green and black tape” to speed up project development and set a target of deciding on projects within six months.

We would abolish net-zero policies and the Safeguard Mechanism, while also having government help fund gas exploration.

In taxation, the party would replace the failed Petroleum Resource Rent Tax (PRRT) for offshore gas with a simpler Commonwealth royalty based on wellhead values.

This new royalty system would apply only to future projects, with existing PRRT arrangements grandfathered.

Overall, One Nation's policy is designed to deliver greater returns to Australians, encourage oil and gas production, strengthen fuel security, lower power prices, reduce government debt and give Australians real ownership of our natural resources.

[Phillip Cummins @CumminsPhillip]

@DavidSacks @SemiAnalysis_ Don’t pick on the poor cows, thay already get a hard time, find a vegan example like monoculture crop production. Grains are the enemy, did you not get the news on the new food pyramid

[Phillip Cummins @CumminsPhillip]

@TaofiqHuq @climatecouncil That’s because we put infrastructure and people in places that we shouldn’t

[Phillip Cummins @CumminsPhillip]

@climatecouncil Ummm I think this is kind of normal Australian weather patterns

[Phillip Cummins @CumminsPhillip]

@craigspeculator @cjoye Why is there a good reason.

[Phillip Cummins @CumminsPhillip]

@mjnblack This is just the a great example of the try hard elite bringing down the people who are trying build and bring prosperity!!!

[Phillip Cummins @CumminsPhillip]

Missile defence doesn’t scale to swarms. We need a new layer.

[Phillip Cummins @CumminsPhillip]

The Indo-Pacific is becoming the world’s first autonomous battlespace. Swarms, not ships, will decide it.

[Phillip Cummins @CumminsPhillip]

Gray-zone tactics are moving from water cannons to autonomous swarms. The machine-zone era is here.

[Phillip Cummins @CumminsPhillip]

“Jiu Tian” is a drone mothership. China is scaling autonomy at sea faster than anyone expected.

[Phillip Cummins @CumminsPhillip]

China is industrialising autonomy. Allies need to industrialise counter-autonomy.