Josh Old

Entrepreneur | Father | World Traveller

[Rita Panahi @RitaPanahi]

The machete & tax content 👌🏽

[paseq @xpaseqx]

🚀🇦🇺 Major tax reform could make Australia's economy world-class.

Christopher Joye's (@cjoye) bold blueprint:
- Permanently end bracket creep
- Flatter, simpler income tax (0% to 42%)
- Company tax cut to a flat 20%
- Zero CGT on first $20k gains + 10% IP rate
- Full instant expensing for business investment

Funded by lifting GST to 15% (broad base), a 50% NDIS trim, and slashing public service costs by 25%.

Net result? A modest surplus and a genuine productivity-led economy that rewards work, risk-taking and innovation instead of bureaucracy.

Australia doesn't lack money. It lacks courage. Time to choose.

#AusEconomy #TaxReform #Budget2026 #auspol

[christopher joye @cjoye]

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

[Tobi Skovron @TobiSkovron]

Hey Jim & Albo,

Keep your hands off my business.

You weren’t there for the sleepless nights, the stress, the risk, or the moments where everything was on the line.

I built this in the dark.
You don’t get to show up at the finish line with your hand out.

Not one cent.

You didn’t build it.
You didn’t back it.
You’re not entitled to it.

Get fucked.

[Retard Finder @IfindRetards]

This is how retarded the Australian government is in three points.

1. Gambling winnings are tax free. Almost no other money is. Gambling is encouraged but investing is not.

2. Housing crisis but foreigners are still allowed to buy our houses and they just incentivised never ever selling investment properties

3. Young people can't afford houses so let's tax them more if they make money in crypto or shares.

That's just the tip of the retarded iceberg

[Pauline Hanson 🇦🇺 @PaulineHansonOz]

If this is all about housing for young people then why are all our other assets being included such as shares , commercial property , industrial property what’s that got to do with housing ?

[Leigh Jasper @leighjasper]

There has been a groundswell of small business owners, tech founders and aspiring entrepreneurs realising the magnitude of this change, and it is growing by the day. The Government needs to decide whether it actually wants a vibrant business sector in this country, because you cannot champion innovation while making the equity model that underpins it unworkable. This is a disaster, plain and simple. @tryheidi
https://t.co/uRb8OMauy5

[Emanuel Ajay Datt @eadatt]

>income tax
You worked and someone paid you. We'll need to take 30%–47% of that, plus the Medicare levy.

>GST
Oh you would like to spend some of the income we let you keep on goods? We'll have to charge you an extra 10% for that.

>negative gearing
Oh you bought an investment property to offset losses against your wages? Let's scrap that. We did rule out changes before the election but we changed our minds.

>capital gains
Oh you invested prudently for the long-term? Thank you for putting your risk capital into our financial system, we now be taxing it as short term income.

>aspiration
You're young. You worked hard, saved, invested, picked up a side hustle to get ahead. But we're making sure the ladder you're climbing has fewer rungs than the previous one. Don't worry, we're doing this for your own good.

At what point did you realise the game was rigged before you sat down?

[Todd Saunders @toddsaunders]

I'm convinced that the biggest vertical SaaS companies of the AI era will not be vertical.

They will be horizontal AI harnesses that let the customer build the vertical themselves.

For my entire career, vertical SaaS meant the software company learned the industry and built product/marketing specific for it.

The moat was domain knowledge, and the vendor was the expert, and the customer was the user.

The harness era flips it. Inference has disrupted the moat.

The customer is the expert... again.

The vendor's job is not to know the industry. It's to build the rails the customer assembles their own software on top of.

The industry is about to split in two.

The companies that own the rails, payments, identity, compliance, data, become infrastructure.

The companies that owned only domain knowledge become a feature on someone else's harness.... There is no third outcome.

Vertical SaaS was built on the premise that the vendor was smarter than the customer about the customer's own business.

The premise was always weirdly insulting and now it is also obsolete.

[David Ondrej @DavidOndrej1]

if you're in Software...

read this:

[Trung Phan @TrungTPhan]

think this demo is what Dario means when he says “50% of entry level white-collar jobs will be gone by 2030”

[Coach AJ 🎯 Mental Fitness @coachajkings]

Nick Saban never talked about winning - he talked about process over outcome.

His teams won because they focused on doing their job at the highest level.

They won because of their systems, actions, and mindset.

How Nick Saban defines process over outcome.
(📌Bookmark it)

[Hiten Shah @hnshah]

People fall in love with ideas because ideas never fight back. Execution does. It exposes your blind spots, your patience, your habits and your excuses. Most founders learn more from the first week of doing than the first year of imagining.

[aj @adfreebrowsing]

i thought i was having a hard time but i think hughsey might be going through a worse one

[Josh Old @thejoshold]

@InterestingSTEM @grok what paste did they use? Is this a pain free way to remove them?

[Grey @jgreyfriend]

George Soros broke down the mindset that built a $25 billion fortune:

[Dave Kline @dklineii]

Most people ask terrible questions and wonder why conversations feel so uninspired.

Here are unusual questions that people asked me that led to more meaningful connection:

[Josh Old @thejoshold]

@AvidCommentator Such a shame. Wonder how much of this is due to Queensland government for raising coal export royalties to extortionate levels?

[Josh Old @thejoshold]

@Tom_Speight98 @F1 please do this!