Mark Gribble

PhD UQ; Retired Psychologist; AFL fan (Brisbane Lions); avid Golfer.

[Mark Gribble @GribbM]

So how far off the line can you move before it’s play on. Seems to vary with each ump. #AFLSwansSaints

[Mark Gribble @GribbM]

‘Brain was in two minds’ … good one.#AFLSunsLions

[PharoahNFL @pharoahnfl]

Today during the NFL offseason, I discovered the Australian Football League.

[Mark Gribble @GribbM]

@rowandean @RitaPanahi @pwafork why didn’t you ask Matt why he changed his mind on leaving Paris. Clearly it’s to placate the left of the party. While Coalition still has these malcontents why would anyone vote for them when ON is united on these issues?

[Satoshi Wolf @SatoshiWolf]

My wife's dad is an old school Wog.

Hard working. Loves his family. Frugal. All round great bloke.

He worked 3 jobs when my wife was born and stayed at one of the companies for 43 years.

He has one investment property, the house my wife was born in, and their family home in an affluent area.

He has enough money to do whatever he wants but he's a tightass. Unbelievably tight.

I've spoken to him about it many times and he says all his life he followed a plan, built wealth, a great life for his family and has a simple goal to pass it down to his kids and grandkids.

We told him for years to enjoy his life's work. That's what we want. Fly business class. Go to expensive restaurants often. Buy whatever gadgets you want. Just enjoy it!

Nope. He is deadset he is passing on his accumulated wealth to his kids and grandkids.

Now it seems Labor will be taking a big cut of his life's work. In the spirit of "intergenerational fairness".

The confiscated wealth will be used to pay the ever expanding political class, send it overseas to things that have nothing to do with him, support free loaders and an NDIS program littered with fraud and waste.

Tall poppies will tell me why should he be able to accumulate wealth and pass it to his kids when they can't.

Well, try spending more than 40 years of your life working, saving and investing to give your family a head start in life.

Like every parent should do for their children.

[Daniel Turner @DanielTurnerPTF]

The United Nations has scrapped its worst‑case climate scenario.

Now is the time for a reckoning.

Entire countries shut down oil and gas and made themselves poorer based on the climate hoax.

Climate alarmists must be discredited, defunded, and issue formal apologies.

[Mark Gribble @GribbM]

Great win Carlton. #AFLBluesCats

[Mark Gribble @GribbM]

Good to see the umps starting to pay frees for incorrect disposal and throwing. #AFLBluesCats

[Geoff Wilson @GeoffWilsonWAM]

This is before the new CGT. Good luck Australia

[Mark Gribble @GribbM]

Hi @BretBaier was @brithume doing his @greggutfeld impression with the no tie look?

[Mark Gribble @GribbM]

The three quarter time address by Fagan might be a whole lot more interesting than the football. #AFLGiantsLions

[Mark Gribble @GribbM]

Lions look like they’re in slow motion compared to the giants. #AFLGiantsLions

[Matt Barrie @matt_barrie]

how about those 5% home loans

facing
5-10% drop
11% currency debasement and
18.75% more interest paid

[Mark Gribble @GribbM]

Why not just make throwing legal and be done with it given the number of times it’s not paid. #AFLGiantsLions

[Mark Gribble @GribbM]

@1Swinging_Voter Barnaby did say they were going after western Sydney but it’s still a long way to go to the next election.

[Mark Gribble @GribbM]

#outsiders @rowandean good to see someone calling out Matt on his reversal of thought on the Paris agreement.

[Mark Gribble @GribbM]

@LeeHansonON

Matt just told you he has never called for Australia to leave the Paris agreement.
I thought you would thus be interested in this. I’m sure there are other examples.

[Robin Dods @toy59496]

The hidden 100%+ tax in Chalmers’ CGT overhaul

https://t.co/S613eGdFiZ

An excellent article that shows that you can have a loss of over 100% when determining your capital gains tax under the new inflation indexed system. That's because in a diversified portfolio you are allowed to inflation index your winners but not your losers which means even though your portfolio may have made no money in real terms you still get taxed!

I show an image that explains the articles conclusions using the articles numbers so you can see the actual calculations.

I also show a simpler example with just two stocks.

More fundamentally investors are being penalised for choosing specific stocks over ETFs. This is bad news as it is only active investors that perform the very important process of price discovery which is the basis of efficient distribution of capital in a market system. It also means that those taking more risk are not rewarded for that risk.

It's an unwieldy and destructive system.

[BroBro🇦🇺🏇🏻 @realRick_AUS]

Good morning Australia,

This is a clear example of our bloated bureaucracy

WA’s health minister has 15 advisors

15 bloody advisors!

And she couldn’t even answer any questions.

And guess what?

She’s one of 5 health ministers!

Jobs for mates, it’s the corrupt Labor way

[Elon Musk @elonmusk]

There were massive international protests over George Floyd and those police involved were severely punished with long prison sentences, yet the police responsible here did not even lose their jobs!

An incredibly unjust double-standard!

[Mark Gribble @GribbM]

Does the coalition have a mole somewhere in Treasury that allowed this budget to be approved. For parties on the right it’s the gift that keeps on giving.

[christopher joye @cjoye]

I did not realise they were taxing gross rather than net gains… AFR: Investors with diversified share portfolios making a mix of gains and losses compared to inflation could face tax rates of more than 100 per cent on real gains, due to the Albanese government not compensating investors for underperforming stocks.
A former senior Treasury tax official and a hedge fund manager both warned that people with a diversified portfolio of shares could face tax rates 50 per cent higher than Treasury calculated… Chalmers’ office and Treasury were contacted for comment on Thursday about whether real losses would be indexed to inflation.
Under another example, an investor buys shares in Coles and Woolworths, with one outperforming inflation and the other underperforming inflation.
The overall real return is zero after inflation, but the investor would pay tax on the winning stock.
If an investor instead bought an ETF of supermarkets with the same overall result, they would pay no tax.
https://t.co/4bfhPDychb