Caffeine and fumes

Father of 3/Husband/Sports Physio/fuelled by caffeine and fumes at this point

[Pleb Capital @plebcapital]

Art.

[BowTiedStocks @bowtiedstocks]

Aussie propadee standard house replacement cost = $1.5m

Aussie propadee standard house buyer capacity to pay following rate rises and budget changes = $750k

Current median standard house price = $1m

What happens ?

[Peter Strachan @Peter_Strachan]

No one would buy an investment property whose cost of ownership is more than the income generated if a capital gain were unlikely.
Once housing is disconnected from wealth creation, savings would be redirected towards productive assets, away from housing.

[BowTiedStocks @bowtiedstocks]

Get ready for the mainstream media to absolutely gaslight you into this being a great time to step in and buy the dip on Aussie propadee

The exact same thing happened in Ireland during the GFC and elsewhere, and look at how that worked out

The true floor for Aussie propadee is the price at which it cashflows, which is about 50% down from here

We may not get all the way there, but that’s a big gap from where we are today 👍👍

[Caffeine and fumes @jackwithnotrade]

@Potstirrer111 Who is this muppet?

[Tarric Brooker aka Avid Commentator 🇦🇺 @AvidCommentator]

At the heart of the debate surrounding the right level of migration to Australia there is one quantifiable and inescapable fact.

After ~20 years of running one of the largest per capita intakes in the developed world, we still allegedly have broad based skills shortages.

[BowTiedStocks @bowtiedstocks]

The reason it’s over for the Aus propadee bubble is that it relies on continuous expansion of credit

That’s the first hint that this is in fact a bubble

Higher interest rates combined with negative gearing changes will actually lead to a significant reduction in credit extended and made available

Ponzi game over, thanks for playing

[Tarric Brooker aka Avid Commentator 🇦🇺 @AvidCommentator]

"Reserve Bank officials judged that Labor’s first-term housing agenda did little to improve supply and possibly raised prices, directly linking migration to affordability as Labor battles to prove the budget will increase the availability of homes."
https://t.co/VsVUlaM1TU

[Marko Matvikov @MarkoMatvikov]

Labor urges the commission to raise the minimum wage.

They negotiate with unions through enterprise agreements.

They get pay rises through a tribunal they appoint.

They acknowledge inflation erodes living standards.

But they raise costs and taxes on businesses.

And refuse to index income taxes for private sector workers.

[Caffeine and fumes @jackwithnotrade]

@Josephk90 They just seem… sturdier maybe? On the flip side Mcdavid wins one he’ll probably win 4 and he’s still more electric/brilliant I feel

[BowTiedStocks @bowtiedstocks]

Most Aussies I don’t think were interested in entering a propadee market casino where the risks of them being financially obliterated and wiped out just from buying a home are extremely probable

But alas, unfortunately that is where things have got to for us as a nation…

[Sean Strickland @SStricklandMMA]

I really want box a hockey player.....

This is on the bucket list but it has to be done on ice to make it fair lol

@GoldenKnights... Pick your champion..

[BowTiedStocks @bowtiedstocks]

This budget hits so many in negative ways

But who it hits particularly hard is those young people just trying to build a better life bit by bit for themselves and their loved ones

- not yet on top marginal tax rate so investments in personal name

- locked out of housing so saving and investing in non-propadee assets to do their best to get ahead

- massive CGT hit coming for these people in many cases

I was once one of these young people, many of us were

They deserve a fair go

But under this budget our Labor government is hellbent on seeing them eat bugs own nothing and be happy

Intergenerational fairness my ass

[Marko Matvikov @MarkoMatvikov]

An 'aspirational' budget would look something like:

• Indexation of income tax brackets so workers aren’t constantly going backwards

• Lower capital gains tax so those who save and invest can more easily build wealth

• Lower immigration to reduce its impact on suppressing wages and increasing rents

This budget is the opposite.

[Scott Phillips @TMFScottP]

For a progressive govt, the new 30% *minimum* tax on Capital Gains - regardless of income level - is purely regressive.

30% tax from the first dollar of income.

Imagine the outcry if they (or their opponents) did that on wages!

Did they even ask an expert?

#Budget2026

[Interested Onlooker @michaelsnape]

Jenny and Matt 35/36 who build a software startup in their garage, have global customers and sell it for $10m, pay $4.7million in tax

George and Margaret 73/74 own a $5million home in Mosman, have $4.4 million in super and pay $0 tax on earnings, $0 CGT and $0 on their pensions

[Tarric Brooker aka Avid Commentator 🇦🇺 @AvidCommentator]

This budget takes the idea of inter-generational fairness and blows it to pieces...

Young people slugged a minimum 30% tax on capital gains, even low income earners, while pensioners are entirely immune.

That is the complete opposite.

[Scott Phillips @TMFScottP]

Good on @FergusonNews asking about population growth!

The Treasurer refusing to admit it adds pressure to housing.

Poor.

#Budget2026

[BowTiedStocks @bowtiedstocks]

This government would rather tax us all into oblivion

Than stopping importing infinity third worlder immigrants and reducing the pressure on housing and infrastructure

People are locked out of housing because they are flooding the place with millions of immigrants

We don’t hate these politicians enough

[Tarric Brooker aka Avid Commentator 🇦🇺 @AvidCommentator]

@TMFScottP This is absolutely idiotic and if you listen very carefully you can hear the capital getting ready to exit the country...