“Australia's energy minister has accused the coalition of being unpatriotic, as he defended taxpayer-funded travel and staffing costs for a major climate conference.
Chris Bowen is due to spend more than $150 million on the United Nations' 31st Conference of the Parties meeting, known as COP31, in his role as president of negotiations.
In a Senate estimates hearing, environment department officials told Liberal senator Sarah Henderson the budget had allocated funding for 70 full-time equivalent staff ahead of the UN-run conference in November.”
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When you see the money spent by bureaucrats on the climate agenda you start to see why they will never admit they are wrong.
Destroying our economy is a lucrative business for the Canberra bureaucracy providing high salaries and free travel.
They fiddle in the halls of power while our country burns.
The rot needs to stop.
Canberra is crushing future generations with a suffocating debt burden at a time when repayments are rocketing through the roof… A child born in Australia in 2007 entered into the world with $4,600 of per capital government debt, which they repay via their future taxes. A child born in 2028 will start life with debt that is an order of magnitude larger due to utterly reckless political spending: they kick-off life owing a staggering $63,000 per person, repaid out of their future labour income and associated earnings…
On a national scale, Aussies will owe the world $1.8 trillion in the form of public debt by 2028, which has leapt by $1 trillion since 2019. That is not our personal private debt. It is the debt politicians have borrowed on our behalf. That means every man, woman and child will owe $63,300. It is an incredible sum. Even more remarkably, it was only $4,600 per person as recently as 2007, when all levels of Australian government owed the world just $96 billion. When you start considering how much we each owe care of political largesse, it hammers home the point that they are robbing Peter to pay Paul.
https://t.co/QClTXhfFgV
@RennickGBR A clear and fair royalty like 10% is important because of how the vertically integrated manufacturers who own these assets can structure the business to run unprofitably to support their downstream manufacturing profitability effectively avoiding corporate tax.
No talk about the inflation elephant in the room - excessive Government spending & immigration - by the treasurer or RBA head.
We are governed by fools.
Theft from aspirational Australians will be delivered in the budget next week. Young Aussie puts in $10k, compounds at 15% for 50 years → $10.84 million.
Inflation-indexed cost base: just $44k. Current CGT: $2.63M tax.
Labor’s new proposal: $5.23M tax.
They want to seize HALF your life’s work.
This isn’t tax reform — it’s theft from aspirational Australia.
Stop punishing success. #TaxRaid #AussieDreamKiller
@naval@tferriss The Australian ASX public market is still functional. Wonderful opportunities to take risks and benefit for investors looking to make their fortunes on resource exploration companies.
Tech has all the attention but there are still other opportunities.
@Partisangirl The government is giving mixed messages on war crimes. We lock up McBride for whistleblowing on war crimes. We let Herzog into the country. We arrest people for disliking Zionist’s war crimes, then we finally arrest BRS years after a court has already heard the truth. WTF
Blind Australians: $40,000 a year in NDIS funding.
A convicted sex offender: $220,000 in NDIS funding.
In 2024, he was rejected.
In 2026, he’s approved.
Now funded for 24/7 support and daily supervision for his “safety.”
Someone who is blind gets $40K.
Someone who committed serious crimes gets over 5x that.
Fully approved.
Does that make sense to you? @DrewPavlou
Taking full advantage of this pull back
https://t.co/yF42mNqqNh
4KG/t au hit published last week in step out, barely getting started. This is a monster with a technical team hungry and on the scent of a major system.
I expect 1-2Moz in 12-18 months.
90Mil market cap!?!
LFG.