David Whitehead

In life there are only facts, opinions about the facts, love, good food & gin

[David Whitehead @ytedz]

@OsherFeldman Any leader worth their salt would say “Despite what my critics might say about me, the integrity and success of our actions speak for themselves”

[David Whitehead @ytedz]

@Matt_Camenzuli @RoarInvest We are in Clare Valley SA. A Region best know for World Class Riesling. Around $230m of Clare’s economy is hospitality & tourism. Married to a Chef we run the distillery, vineyard accommodation & events.

[David Whitehead @ytedz]

@RoarInvest @Matt_Camenzuli Distillery & Events

[David Whitehead @ytedz]

@joelmuzz @Matt_Camenzuli The entire hospitality industry exists to work outside of the 9-5 and that’s exactly why they should be working. The one size fits all framework established mid century does not fit modern day work styles.

[David Whitehead @ytedz]

@InsideLucysHead I’d vote for this and a Chinese BBQ Pork specialty shop as well

[David Whitehead @ytedz]

@tweeter_vee Nek Minit - Labor ‘Ditches The Witches’ but also allows them to identify as Warlocks, Wizards, Hermits, etc.

[David Whitehead @ytedz]

@centrevibe History will unlikely be kind to the current Labor Government’s tenure. Less likely for anything remotely related to housing policy on all fronts.

[David Whitehead @ytedz]

@Steve_Dimo She’s not a Warlock or a Wizard by definition.

[David Whitehead @ytedz]

@Markyles Sounds like an outcome that we should be proud of. If the UK can’t dimension their contributions then why bother

[David Whitehead @ytedz]

@Batman2242 If you aren’t eating all 6 of them with a minimum 1cm cover of crunchy peanut butter in the first 24-48 hours then you aren’t even trying.

[David Whitehead @ytedz]

@purplepingers Cause and effect

[David Whitehead @ytedz]

The thing that is missing for this whole picture is the individuals, sole traders and 10 yr pre retirement aged cohort. We aren’t all billionaires. It is fair to say that after 30-40 years in the workforce and after contributing close to $2M in life long income tax as an employee surely there is some sensibility at the end. Personally I’ve planned for 20 years to be a self funded retiree but most of my investments have been in the last 5. I don’t own negatively geared property. My shares and crypto now minimum 30% tax and reality is likely 80% of my gains due for disposal this year will be in the 47%. The effective rate is around 44%

[David Whitehead @ytedz]

@2020digging This is narrow view. Say you start a business and within 3 years your circumstances change. You’ve got a booming business and a sick parent or injured spouse.Not every business or individual holds for the long term. It’s happened to me on both fronts.

[David Whitehead @ytedz]

@rnclelland Yep. So if you sell your cafe for $2m then 47% is paid on $1,810,000. Unless you’ve also taken a wage during the year. Very $ of that wage means another 47c paid on profit.

[David Whitehead @ytedz]

@realRick_AUS It’s been on their agenda prior to 2019 but March 2025 there were dot points circulating on potential considerations.

[David Whitehead @ytedz]

@TMFScottP Thank you. Appreciate the find, we’ve actually been through in depth. While it is a unique example, we aren’t the only ones in this situation. There are over 100 other aussies involved. We won’t hold the asset until July 2027, perhaps later.

[David Whitehead @ytedz]

@MarkoMatvikov Not ‘If’, when. We’ve already seen and increase to the retirement age to 67 during my working career and changes to super tax treatment are inevitable over the next 20-30yr horizon. Especially when governments ‘form different views’

[David Whitehead @ytedz]

@TaxPawspective He’s not real