Imagine having 30% of the world's uranium reserves, refuse to recognise uranium as a critical mineral AND and be the only country in the G20 to ban nuclear energy.
Mind-blowing stupidity
Albanese Reassures Residents Worried About Extended Ambulance Wait Times: "We're Working Hard to Import As Many Uber Drivers As Possible So You Can Book One Instead of Waiting For An Ambulance and Get to Hospital Fast"
“No one is going to forget this. The negative impacts are only just starting,”....“Once the eight million direct shareholders understand the tax changes, they aren’t going to vote in favour of this, they will support the Coalition or any other political party that repeals it.”
“In 2018, the illogical franking credits policy took us two years to educate people on. This will be the same thing.” This insane new CGT must be stopped. @mcranston1
BROOKS GONE: Scans confirm ruptured ACL for Luke Brooks — I counted him touching ball six times, and making three tackles, during 13-minute spell on one leg. Wow. That’s brave✊🦅
So to 9 million Australians who own shares directly, and the over 50% of 25-34 year olds that own shares or crypto; your new CGT tax rate is > 50%, the highest in the world, over 140% above the international average, and no amount of dishonest piss & spin from Jim changes that.
🚨 Spot on.
This Senate “inquiry” into @ausgov CGT changes looks like a complete farce. They’ve banned real experts and investors from giving oral testimony, while stacking the room with partisan cheerleaders and generalists who don’t understand the technical damage.
This isn’t consultation, it’s a rigged rubber stamp for economic vandalism.
The Governments attack on aspiration, productive investment, startups, retirees and charities must be stopped. Scrap the CGT hike. Australia deserves better.
#AxeTheCGTHike #AspirationMatters
The RBA deliver a hawkish 25bp hike - taking the cash rate to 3.5% and marking their third consecutive hike.
8 voted in favour, 1 dissented.
Market had already priced in 65bp of hikes ahead of the meeting, so it remains up in the air as to whether we get 1 or 2 more hikes by December. For now, I suspect 2.
"There are early signs that many firms experiencing cost pressures are looking to increase prices of their goods and services. Short-term measures of inflation expectations have also risen."
"With the conflict in the Middle East continuing, there are plausible scenarios where inflation is higher and activity lower than envisaged under the baseline forecast."
Nasdaq futures - simple stuff but this is bullish - 200dma reclaim and downtrend broken. tech was so oversold recently. last weeks weekly bullish engulfing on the S&P futures is bullish too.
Nasdaq futures - simple stuff but this is bullish - 200dma reclaim and downtrend broken. tech was so oversold recently. last weeks weekly bullish engulfing on the S&P futures is bullish too.