Australia’s wealth gap is WILD. Average net worth? $1.46M per household. Median? Just $650K. That’s an $810K chasm—bigger than ever. The rich are stacking cash while the rest scrape by. Ready to dig into this madness? 🧵👇
@CeramicDice@theyareaverage It’s why the push back has been bigger than many had hoped.
Being a landlord has been sold to anyone & everyone on a higher wage as a way to build wealth - the tax benefits justified them having to “invest” more to get that sale across the line.
@CeramicDice@theyareaverage The reality is the majority of “landlords” have been making banks & lawyers & agents & managers & advisors rich… and have been told it’s all for their benefit.
Now the “tax benefits” are being taken away, these “investors” are 👀 for actual returns, not just a tax refund…
@officialzilf I got that same warning a few weeks ago, and I have no boobs to post.
Honestly, it’s all done with AI and unless you actually know Elon or someone at 𝕏 personally, they won’t even hear you. Supposedly paying for the blue tick lessens the chance of you being flagged…
We broke significant national news this week and not a single mainstream media outlet wanted to cover it or follow up.
It isn't surprising, but it is illustrative.
Put simply, they're all owned and operated by Zionist billionaires.
This is why indie media needs to exist.
@aboutasteph You absolutely *might* sell content one day though. And you might find more interested in buying than you realise.
Just a thought, in case you ever consider becoming an author or writer… 😉
The government is tying itself in knots trying to explain the CGT changes.
But @spenderallegra did it for them *months* ago.
This is the line they should be using:
@DavidPocock@Qldaah Sadly, this is a simple case of…
Uncapped American Capitalism™
Pharma companies must agree to PBS pricing. They want increased profit. To force higher prices, they are now willing to withdraw completely. Healthcare isn’t optional & wealthy will pay. The poors aren’t profitable
@tekkamandeadend@tamanekokoro Can it run? Yes. How quickly will it run? Depends on your 32G RAM speed. Is it DDR4 or DDR5? The RAM speed will be your limiting factor.
@ausstockchick We allowed hoarding of residential property for pure profit. Howard turbocharged it on 20 September 1999.
It’s pretty straightforward.
Capitalism dictates that for the rich to get richer, many times more people must become poorer.
@MicrosoftAI Models so good if you ask for 'beautiful' or 'handsome' subject it triggers safety guards while using from OpenRouter... as always garbage execution from Microslop
@officialzilf Honestly, you can get a much better car for the same money if you look at second-hand. These things are cheap for a reason.
A Tesla Model 3 will run for 300,000+ KMs without any major issues, and requires no regular servicing. An optioned 2016 Merc GLC can be had for less…
@jjunqueiraa@sluongng Orbstack is okay if you want to run Linux. But Viable gives you a full macOS container, with all your Apple tools!
https://t.co/zeiHVYvhQj
@SatoshiWolf The best way to ensure your wealth is transferred to your kids is to do it yourself.
Start paying it forward now, while you are alive and able to see them reap the benefits. It’s win-win.
Problem solved.
@sendboots It makes very little difference whether the value of the home you live in goes up or down if its main purpose is just a place to live in.
But the investor class cannot fathom it because all “equity” must be used financial gain in their minds…
@antigravity Genuine question - what is the total cost of this compute at today’s prices?
Being able to do it is great.
Being able to do it quickly is awesome.
But ROI makes business actually invest.