Wet times ahead for southern WA
Wednesday into Thursday sees the breaking of winter (even though it's not quite winter!) with the first significant cold front and on shore flow.
As reported Friday, this front should gain much more traction when it comes to Ag region penetrantion.
Like a broken record, below we have once again illustrated the potential rainfall distribution using the OCF rainfall accumulation map for this event.
Coastal falls have held solid of 25mm-45mm, with inland falls decreasing to single digits east of a line Shark Bay to Southern Cross to Albany.
As depicted below, the heavier falls are forecast for the west coast rather than the South or South Western regions with this particular system. This is indicating to us that pastoralists, particularly in the Lower West and Central West, could see some decent falls of 5-25mm.
The next significant weather threat will be this time next week, with a growing possibility the MAJORITY of the SWLD could be heavily affected by a very windy and rain producing low. Models are by no means in agreement on this so we will reserve any reports until congruance is stronger.
We will continue to update WA in the lead up to this next event, with updated models and forecasts as they become available.
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This is so incredibly good:
Economist Joseph Schumpeter warned that capitalism weakens when prosperous societies become so comfortable they forget where prosperity came from – and begin resenting the entrepreneurial class that created it.
A country might survive high taxes for periods of time. What becomes dangerous is something deeper: the moral suspicion of ambition itself. The creeping belief that commercial success is inherently exploitative, that profit is morally dubious, or that founders should quietly accept punishment for surviving years of uncertainty.
Prime Minister Anthony Albanese and Treasurer Jim Chalmers should think carefully about the signals embedded in this budget. Tax policy communicates values. This budget signals that founders are not viewed as partners in national prosperity, but simply reservoirs of revenue whose success is viewed with suspicion...
Civilisation advances because some people are willing to bet on tomorrow before tomorrow exists. Australia should be doing everything possible to encourage those people to build businesses here. Because once a society begins treating ambition as something suspect rather than admirable, it eventually discovers that no nation can remain prosperous after teaching its most ambitious people that they are unwelcome.
https://t.co/nxmwyx9aZc
It’s amazing the Budget did not flag smoothing of capital gains with changes.
Eg two taxpayers earning $1m over 10 yrs, assuming zero infl & 2027 tax scales
Taxpayer 1 $100k yr will pay $219k in tax over 10 yrs or 22%pa
Taxpayer 2 $1m CG in yr 10 will pay $435k in tax or 43.5%pa!
List managers are footy's silent architects.
Not many supporters know their names.
But every side bears their influence.
I had the pleasure of speaking with "Alex", an AFL list manager, about the decisions he makes and the trade-offs he encounters.
https://t.co/zUJJF5jb0K
Four-time premiership coach Leigh Matthews has described Collingwood’s decision to rest Scott Pendlebury as prioritising “romance” over winning games as the Magpies’ season teeters on the edge https://t.co/TYRH6p3QPn
Meet Australia’s best investor!
Earns 47% of all the profits and takes none of the losses!
You can’t beat that. True champion of our time.
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To my mind the worst part of the Budget was the effective
doubling in the “entrepreneur tax” when selling a business from 25% to a world record 47%. Either Treasury did not know or care - which is worse ?
Metallica performs “Enter Sandman” in Moscow in 1991, drawing an estimated 1.6 million attendees.
It’s considered one of the best performances of all time