Woolworths has announced it will move hundreds of HR, IT and finance jobs offshore to Asia and India.
They rake in over a billion dollars in profits annually from Australian shoppers, yet still send our jobs overseas.
How greedy can a company be?
If you buy shares and sell for a profit, you pay 30% tax
If a Union Super fund buys shares and sell for a profit, they pay 10% tax.
See where this is going ?
If you're going to panic, panic early - sold after only 10 months.
Aug 2025: $2.1m → Jun 2026: $2.08m
-$20k nominal, ~$160k all-in after stamp duty and agent fees.
You bunch of dopey @AustralianLabor pricks!
Businesses going bust at alarming rates as first-time insolvencies soar by 200 per cent under Labor https://t.co/ZtoAB2GuFa
Since the start of the year, Sydney auction clearance rates have absolutely collapsed to lows never seen outside of the pandemic in SQM's data.
In this article I go into detail on price growth vs clearance rates during the last major falls and much more.
https://t.co/GLbuXtaTWe
China will slap a 55 per cent tariff on Australian beef as the global superpower looks to limit imports and protect its farmers.
https://t.co/3rxLeIiiUy
Fresh data has revealed insolvencies have soared by 200 per cent since Labor came to power in another blow to the Albanese government's economic plan.
https://t.co/eF6g09TW90
🇨🇳China logistics industry prosperity index back in expansion at 50.3 in May
China Federation of Logistics and Purchasing said on June 3 the logistics industry prosperity index rose to 50.3 in May, up 0.6 pts MoM, returning to the expansionary range (>50). Most subindexes improved; business volume, new orders, completed fixed-asset investment and employment were all in expansion. The new orders index was 50.2, marking a third consecutive monthly rise. Main business cost index climbed to 52.6, up 0.3 pts MoM, with firms citing higher fuel and labor costs. The business activity expectations index remained elevated at 55.9, and expectations for rail, road, postal/express and multimodal transport all rose MoM. (https://t.co/5QsTq9DeSt)
@parrapower2022@Crashman_X@AyrFenn@_mumbling_me@SpachusAus My guess is they are experienced investors. Aside from buying at an obvious peak, they wanted for confirmation and exited with a small loss. That takes some serious fortitude.
Treasurer @JEChalmers quietly gave himself god like editing rights over the $80bn CGT package after it passes Parliament.
CGT, negative gearing, whatever he feels like. Unbelievable. All subject to one bloke’s whim.
This isn’t governance. This is a banana republic power grab.
Australia deserves better than this amateur authoritarian behaviour.
Great article. Exceptional reporting @mcranston1