DJ JC Jase

[G-Zilla 🇦🇺 @g_zilla_xo]

@AlboMP How does doubling the tax on non property assets help young Australians buy a home?

A freight train is coming at you next election 🚅☠️🇦🇺

[DJ JC Jase @bitSourced]

@AlboMP Tanking the economy seems to be working... ☠️

[Adam Moczar @AdamMoczar]

⚡🇬🇧 Rupert Lowe: “We must ban foreigners from claiming benefits and immediately deport migrants who cannot financially support themselves.”

“Those billions saved? Slash taxes for the British workers and families who actually keep this country running.”

[NoCultureEye @NoCultureEye]

@GeoffWilsonWAM @AustralianLabor I still couldn't believe my ears hearing the Treasury say unrealized capital gains are an interest-free loan from the government. 🤦‍♂️ Seriously?! Are these people fit to work in the Treasury? No wonder we ended up with such crazy capital tax reform.

[Arthur MacWaters @ArthurMacwaters]

The fix everything button is literally just to arrest criminals and keep them in jail

Bukele was able to do this in a matter of months

When you see the crime and rot in western cities and feel unsafe letting your wife walk around, know that it is a choice.

[D.Radka, #NAFO 🇨🇿🤝🇺🇦 @DakdaR22]

“Red lines remain unchanged: Ukraine does not and will not recognize any territorial losses under any circumstances, and it rejects any idea of trading land in exchange for peace.

Any attempt to impose such concessions is seen as unacceptable and contrary to international law and Ukraine’s sovereignty.

The position reflects a broader principle that lasting peace cannot be built on the legitimization of occupation or force.
Ukraine remains committed to restoring its territorial integrity in full.”

- Kyrylo Budanov 🇺🇦

Head of the Office of the President of Ukraine

[WaltzingRNLilydale @rn_lilydale]

#Albolies has nothing but contempt for Australians & small businesses 😍😡👇👇Family-owned business GJ Food, a European cooking alcohol importer based in Prime Minister Anthony Albanese’s Sydney electorate of Grayndler, has been forced into liquidation.
For over 30 years, the company imported cooking alcohol (such as Grand Marnier) for use in gourmet foods like ice cream and tiramisu, paying a flat 5% import tariff. Australian Border Force (ABF) then reclassified the product as drinking liquor instead of cooking alcohol. This triggered a much higher duty of $100 per litre plus GST, making the business unviable.
Following an audit, the ABF issued GJ Food a $2.4 million retroactive bill, which drove the second-generation family company into collapse. The closure resulted from regulator rulings and audits, not from any parliamentary legislation.
Owner Rene Puechberty publicly criticised Albanese, saying his local MP failed to help reverse the decision.

[Nasha Canada🇨🇦Наша Канада @NashaCanada]

Гитлер не мог победить Великобританию, поэтому бомбил жилые кварталы её городов.
Сталин не мог победить Финляндию, поэтому бомбил жилые кварталы её городов.
Путин не может победить Украину, поэтому бомбит жилые кварталы её городов.

Все фашисты похожи друг на друга — когда нет сил победить в войне, они убивают мирных людей.

[Mona K @tagwacheit]

How does CGT across all assets such as shares, collectibles and other investments (excluding property) help the housing crisis exactly?
Or is it a tax crab to cover up massive corruption in the public sector that's bleeding money?

[Old Soldier @OMGTheMess]

Labor seems to think that business is an evil player in society. That it needs to be stringently regulated and highly taxed for it to be allowed.

Business is in fact an employer, a tax payer, an exporter, an inventor, a generator of GDP and should be nurtured and encouraged.

[Darth Putin @DarthPutinKGB]

Day 1576 of my 3 day war. Russian oil production is booming....

I remain a master strategist.

[P.M @pmistlb48726]

@joni_askola 🇷🇺 🔜

[Pauline Hanson 🇦🇺 @PaulineHansonOz]

The Prime Minister is feeling the heat from One Nation's "Fire the Liar" campaign. That's why he's backflipping.

He's still lying, telling young people this budget is for them. It's not.

This budget is just a tax grab - it must be ditched.

[ChrisO_wiki @ChrisO_wiki]

Moscow's instantly-iconic exploding fuel storage tank is resulting in a flood of memes. I'll add a selection below...

[Pauline Hanson 🇦🇺 @PaulineHansonOz]

I quite liked the glasses GetUp! gave me in their new poster

[DJ JC Jase @bitSourced]

@IAPonomarenko Anyone seen Putin today? 😄

[DJ JC Jase @bitSourced]

@sallymcmanus Why not reduce the labour tax rate then, because its just a tax grab, be honest.

[Gav Meister @GavinBrx]

Albo and Jim’s Budget Bonanza: “It’s Not a Backflip, It’s a Vibe Shift™ – Five Weeks Later Edition! 😂
In a move that shocked absolutely no one with a functioning memory, Prime Minister Anthony Albanese and Treasurer Jim Chalmers have executed the political equivalent of promising your missus you’ll never eat cake again… then demolishing an entire Black Forest gateau at 2am while claiming it’s “a strategic dessert recalibration.”
Just five weeks after dropping what they called the most “sensible, common-sense changes” to capital gains tax and negative gearing in a decade, the dynamic duo has performed a series of rapid policy pirouettes that would make a Russian ballerina file for workers’ comp.
The Small Business “We Back You” Special
Originally the new CGT rules were going to hammer small businesses with a measly $2 million turnover threshold. Small business groups, farmers, and anyone who’s ever actually employed people screamed that this was about as helpful as a chocolate teapot.
Cue the backflip – sorry, the “evolved listening exercise”.
The threshold has now been generously bumped to $10 million.
“We back Australian small business!” declared Albo, looking like a man who’d just discovered small business for the first time. “They’re the blood running through the veins of our communities!”
Jim Chalmers, who mere weeks ago was calling critics “dishonest” and insisting the thresholds were already “generous enough,” now says all 2.7 million active small businesses will qualify.
Translation: “Please stop yelling at us on talkback radio.”
The “Stealth Death Tax” That Wasn’t
Remember when they wanted to slap a 30% minimum tax on income from discretionary testamentary trusts – you know, the ones normal people use in their wills? They insisted it was only targeting the ultra-wealthy dodging their “obligations.”
After the predictable outrage (and probably some panicked calls from their own backbench), they’ve now exempted all genuine testamentary trusts.
Albo: “We’re confirming we won’t do the thing we spent weeks defending as the righteous thing to do.”
Classic. Nothing says “we had a rock-solid plan” like pretending the whole thing was just a fun thought experiment.
Ministerial God Powers: Also Gone
The original bill handed Jim Chalmers nine separate god-like discretions to decide which assets get CGT discounts and what even counts as a “new build.” Top lawyers and accountants called it what it was: legislative laziness on steroids.
Now? Those sweeping powers are being dumped faster than a Canberra staffer deletes their browser history.
Dr Chalmers says they’ll “consult” and put more in the primary legislation.
In other words: “Yeah, that bit where we tried to give myself emperor powers… maybe not.”
The Greatest Hits of Denial
• “Fearmongering!”
• “Dishonest!”
• “Beat-up!”
• “I’d rather take a near-term political hit to do the right thing!”
All of it, five weeks ago.
Now it’s: “We listened… and radically reworked the entire thing because oopsie.”
This isn’t a broken promise, folks. It’s a Change in Position. A Vibe Adjustment. A Policy Glow-Up. A Strategic Reimagining of What We Definitely Said Last Month.
Albanese and Chalmers have turned the 2026 Budget into the political version of that mate who swears he’s “not drunk” while trying to unlock his front door with a banana.
At this rate, by Christmas they’ll be announcing they’ve decided negative gearing was actually a pretty good idea all along – but only after they “listen to the community” for another five weeks.
Australia: where the government’s word lasts about as long as the milk in your fridge.
Share if you’ve done more U-turns in your driveway than these two have in five weeks. 🇦🇺

[DJ JC Jase @bitSourced]

@profholden Making it up as they go along, disastrous budget/treasurer!

[David Bassanese @DavidBassanese]

My own view is that today’s CGT rollback does not go far enough and just adds more arbitrary distortions and complexity to the system. Cleanest solution: just limit CGT inflation indexing to existing properties and leave everything else with a 50% discount.