Mik Pod

[Mik Pod @M_Pod22]

@purplepingers Get a job

[Geoff Wilson @GeoffWilsonWAM]

🚨 @AustralianLabor ‘s insane new CGT changes just got crueller.
@JEChalmers confirmed today: if you jointly own a pre-budget investment property and your spouse dies or you divorce the survivor LOSES the grandfathered negative gearing and CGT exemptions.
Grief or separation isn’t enough. Now comes an extra tax hit.
@DavidPocock is moving amendments to stop this. He’s right it will hit women especially hard.
This rushed, heartless policy is economic vandalism. The Senate must kill it. Great journalism @PhillipCoorey https://t.co/2HIknTFkGS

[Robin Dods : Fenton Capital @toy59496]

The Unholy Trinity of Indifference

https://t.co/DDcVap6KQh

Labors misconceived CGT changes have now achieved the Unholy Trinity of Indifference...

1. Testamentary trusts for the disabled and children taxed at 30%, that was only changed due to media attention and not because of a sudden bout of compassion.

2. Minimum 30% CGT irrespective of marginal tax rate which adversely affects the least well to do in society.

3. Loss of grandfathering if a spouse dies, which is the double whammy of death in the family plus a financial hit when you least need it.

Labor & Greens dribble about social conscience but they certainly don't walk the talk.

Welcome to the "Poor Get Poorer Tax"...

What would be useful to know is if you use the stamp duty exemption when transferring property between spouses whether or not that also removes the grandfathering.

[Mik Pod @M_Pod22]

@UTDKarra Have you been to a state of origin game

[Mik Pod @M_Pod22]

@DrewPavlou No CGT

[Mik Pod @M_Pod22]

@TMFScottP @EnergyWrapAU https://t.co/7v3EN7xgsJ QLD already has a sliding scale royalty which is higher for exports than for selling domestically. The marginal royalty rate is 12.5% for all export volumes sold above A$14/GJ.

[Mik Pod @M_Pod22]

@Doomerzoomer .... //

[Mik Pod @M_Pod22]

@MarkOgge Economics. Buy low long term contract, sell high spot. You understand?

[Mik Pod @M_Pod22]

@MarkOgge Dislike. You are illiterate and I have never seen anyone else In the media with a smaller understanding. Have you had a job outside your externally funded company

[Kreo @kreoapp]

The most Copytrade features by far 🏆

Find insiders & copy them based on any metric 🔍

Retweet for a chance to win $500 🪙

[Mik Pod @M_Pod22]

@I_Menelaus @AvidCommentator Yes maybe 10 years of historical data to be included. Would tell the same story as the cumulative impact of inflation over the last 5 years

[Mik Pod @M_Pod22]

@EnergyWrapAU Carbon neutral might I add

[Mik Pod @M_Pod22]

@EnergyWrapAU Fantastic article. Lead times for gas turbines is currently 5 years. Good luck 👍

[Mik Pod @M_Pod22]

@ClareONeilMP Dislike

[Mik Pod @M_Pod22]

@cosmicjester Maesri

[Mik Pod @M_Pod22]

@GrogsGamut Did you get an economics degree via the green situation

[Mik Pod @M_Pod22]

@GrogsGamut Do you honestly have an intellectual disability?

[Mik Pod @M_Pod22]

@GrogsGamut Fuck off with your stupid rorting statement. The rules are 15% tax until 65 and everyone abides by it. Are you a cretin

[Mik Pod @M_Pod22]

@EnergyWrapAU Additionally Japan has an arbitrage opportunity by buying LNG through long term oil priced contracts and selling into JKM spot markets for a profit. Welcome to commodity trading 101. This is not always the case particularly if the spot price sinks below oil parity.

[Mik Pod @M_Pod22]

@Alex753429 @DavidPocock The domestic price in Victoria is currently $11/GJ. Genuinely curious what data you are using. This is transparent market data from AEMO and Platts