Tim Crow

[Tim Crow @TimCr0w]

@JEChalmers Accounting for inflation?

[Tim Crow @TimCr0w]

When Yellowstone becomes your identity

[Baiju Bhatt @BaijuBhatt]

ICYMI @CowboySpaceCorp is building a power grid in outer space for artificial intelligence.

Join us to help build the future. We're hiring!

[Tim Crow @TimCr0w]

@DTC_Quizbuilder @dtcforbreakfast Do you just convert from html to liquid?

[Leigh Jasper @leighjasper]

‘Blindsided’: Start-up anger grows over CGT changes https://t.co/n8ObaMMIJm

The government’s proposed massive doubling of capital gains tax will be a disaster for Australian innovation and venture. Tech founders and investors will leave Australia in droves.

With the Aconex sale to Oracle for $1.6b, around $400m in tax was paid in Australia by the shareholders of Aconex. If I were paying double the current capital gains tax, I for one, would have stayed in Silicon Valley, rather than coming back to Australia to list Aconex on the ASX. On the sale to Oracle, I would have paid all my capital gains tax in the US, not Australia.

Overtaxing capital gains in venture capital will simple force founders, entrepreneurs, execs and investors to leave Australia for lower tax countries such as the US. The whole country loses, with less investment, less innovation, less jobs, less wealth creation and ultimately less tax paid in Australia.

This is what you get when you have a treasurer (and nearly 100% of the government) that has never taken the risk to start a company, or been anywhere near business in their life.

[christopher joye @cjoye]

You and your team start, and work in, a business. You put $250k in to get it to break-even. After a decade of blood, sweat and tears, your business is worth say $5 million. Under Labor's proposal to effectively double capital gains tax by indexing it to inflation, you would see a 96% increase in the tax you would otherwise pay today. You would pay more tax in Australia than if you set up *three* of these $250k businesses in Canada, NZ and the UK, and them sold them for $15m in total. And we were told by the government more than 50 times before the election that they would not touch CGT or negative gearing. Check out this table summary of the change in total CGT paid @GeoffWilsonWAM

[Harry Charlesworth @hjcharlesworth]

Australia is an incredible place to build.

Every non-australian that visits for the first time is blown away by the talent, the people, the pace, and whats getting built in this epic country.

It's time to accelerate and build the companies and infrastructure that power Australia to be on the frontier.

https://t.co/4jIfQ0ILll
#BuildAustralia

[Antonio Linares @alc2022]

medicine is treating runtime errors

not the corrupted code base

this shift is worth trillions of dollars

a massive business opportunity awaits for both legacy and neo players

[Tim Crow @TimCr0w]

@maxwellcopy Profit

[Tim Crow @TimCr0w]

@ecomgeorge21 Go

[Tim Crow @TimCr0w]

@JEChalmers If renewables are as superior as you claim, then scrapping net-zero targets shouldn’t matter. They would outperform other options and capital will flow into them naturally …

[Tim Crow @TimCr0w]

@mattjcan If we convert our peak load gas turbines to CCGT turbines we could add 3-4GW of stable generation to the grid. Would take less than 18months too…

[Tim Crow @TimCr0w]

@ecomgeorge21 700

[Tim Crow @TimCr0w]

@tywoosley23 Have you tried closing your eyes?

[Tim Crow @TimCr0w]

@larissawaters So working less boosts productivity. Got it

[John Anderson AC @JohnAndersonAC]

Chris Uhlmann discusses how Australia is sleepwalking into crisis—and Gen Z is starting to notice.

[Lach Mc @Lach__McLean]

The Future of @jointimeloop.

TimeLoop will power every game, event, and venue—connecting fans, creators, and organisers like never before.

{User_loop} + {Event_loop} + {Event_tags} = {Event_Network_Loop}

The loop gets stronger with every moment captured.

[Tim Crow @TimCr0w]

@markbouris Can you have @matt_barrie on?

[Tim Crow @TimCr0w]

@AvidCommentator It’s actually higher than this now. 70% of job creation since 2022 has been through public sector so it is now about 17%. Plus it doesn’t account for government contractors or companies where majority of income comes from government. So it’s probably closer to 25-30%.

[Tim Crow @TimCr0w]

This is so good

[Harrison Krank @HarrisonKrank]

LOL THEY NAMED IT PELOSI

[Tim Crow @TimCr0w]

@GrogsGamut