Hey @ARPANSANews, love your work. I've just released a mobile app that I built to easily check the up-to-the-minute UV index on the go. https://t.co/2lUneIxu6s
@alexbhturnbull I won’t miss negative gearing. The CGT changes applied to shares and other non-property investments don’t make a lot of sense to me.
It seems like the incentive now is to just max out your main residence, buy a PS5, then get on the NDIS and punch cones.
Immigration policy—On Our Terms.
Today we publish our most challenging piece yet. We founded @inflectionptswk to help build a bigger, better Australia.
But we cannot sustain growth that Australians distrust—and the longer we keep our heads in the sand, the more distrust grows.
@BenPhillips_ANU@lvan61 Where are you seeing those prices? I’ve been looking at second hand Teslas but since the Strait of Hormuz stuff started all the sellers seem to have put their prices up to the point where you may as well just buy new vs a 2 year old second hand one.
Why do I keep banging on about the CGT changes on shares and ETFs?
Because as a millennial, we’ve spent our entire adult lives watching the goalposts move.
Housing out of reach. Cost of living through the roof.
We were told to stop buying lattes. It was the avocado toast. Just work harder. Be responsible, invest for your future. So we did.
We invested in ETFs and shares, one of the very few accessible ways an ordinary PAYG worker could build wealth when property was already out of reach.
Investing became simple, low cost and accessible thanks to technology and apps. Millions of Australians started investing.
Now the rules are changing there too.
It feels like every time our generation finds one of the few ways to get ahead, someone decides that’s the next thing to tax more.
And somehow taxing gains on ETFs and shares more heavily is all packaged up and sold as the solution to housing affordability and intergenerational wealth… yet those who benefited under the old rules are grandfathered. 🙄🫠
Americans get mocked for being positive, but after spending time here I kind of get it. People actually encourage you to try things instead of immediately telling you why it won’t work.
Let’s bring this attitude over the Atlantic 🇺🇸🇬🇧
i'm hiring a software engineer. only the most cracked i can find. the majority of you are garbage and shouldn't embarrass yourself by applying. if you are lazy and aren't ready to be in office 7 days a week, don't apply. if you're looking for mentorship or a "good place to learn" (lol) don't apply. this is not a place to grow or get better, this is an opportunity to provide value to the most ambitious project you will ever have the opportunity to work on. if you don't know what we're building based on that then definitely don't apply. if you've ever needed to "practice" for a leetcode round, don't apply. vibe coders are worthless. if you aren't 1000x'ing with ai then dont apply, grandpa. if any of these statements annoy you it's because you suck and you know it and you shouldn't apply. i'm growing tired of sifting through mediocre resumes and people wasting my time. "but but but i had a 4.0 at a T5 CS program and am a staff engineer at faang" that's table stakes buddy and it's honestly embarrassing you don't know that. you all know i'm right, too. why else would i be 24 with millions in founding from VCs?
Travel enough and spend time with Europeans, Australians (even Canadians) who’ve never actually been to the US and you’ll realize their perception of American life is often so distorted it borders on satire
@Dollarydoos_ Marist? I was one of his house seniors when he was in year 7. At the athletics carnival that year I was specially assigned to help him get to all the events he competed in, most of which he dominated.
I don't think it's fair for the government to change the tax rules for Australians and Australian small businesses but rule out changing the tax settings for major multinational companies from data centres to the gas industry.
Australians deserve a fair return.
Go to https://t.co/dcjuwV1Hkk and join the call for a 25% tax on gas exports.
I have finished my in-depth look at the causes of Australia's productivity slump, including:
* housing/planning distort capital allocation
* migration lowers the incentive for capital substitution
* energy costs weaken industrial competitiveness
* manufacturing erosion reduces process innovation capacity
* measured business dynamism is misleading
* R&D and intangible investment are weak
* non-market employment composition drags aggregate productivity
* AI encounters the same institutional constraints
https://t.co/y2Ner7sKEA
#auspol #ausbiz #ausecon
I have finished my in-depth look at the causes of Australia's productivity slump, including:
* housing/planning distort capital allocation
* migration lowers the incentive for capital substitution
* energy costs weaken industrial competitiveness
* manufacturing erosion reduces process innovation capacity
* measured business dynamism is misleading
* R&D and intangible investment are weak
* non-market employment composition drags aggregate productivity
* AI encounters the same institutional constraints
https://t.co/y2Ner7sKEA
#auspol #ausbiz #ausecon