zTroy

[zTroy @ztroy]

From grok

NDIS & Overseas-Born Participants: Latest Data
No official breakdown exists for NDIS participants specifically by country of birth.
The closest figure is for CALD participants (culturally & linguistically diverse — basically overseas-born from non-English-speaking backgrounds):
✅ 67,501 CALD participants
✅ 8.7% of total active participants (774,456)
They account for 10.5% of total NDIS spending → roughly $5–5.5 billion per year (higher average plan costs than the national average).
(Data: Q3 FY 2025–26, NDIS official reports)
All NDIS participants must be Australian citizens, permanent residents or hold a protected visa — no loopholes.

[Elon Musk @elonmusk]

Not even 1 story

[zTroy @ztroy]

@Ausbobsmit Please god make it be true

[zTroy @ztroy]

@DrCameronMurray Let’s tax more more to get to the top

[Andrew Page @sage_simian]

It's crazy to me how something so immensely consequential remains entirely obscured from public and political consciousness.

​When confronted with it, the default instinct is disbelief. Because it's just too outrageous to imagine otherwise.

And, once accepted, the mind immediately rationalises it as something both necessary and beneficial.

Probably because confronting the raw audacity of it is just too psychologically jarring to accept.

[zTroy @ztroy]

@plebcapital How are people letting this happen. Hasn’t anyone in charge ever read a textbook or a history book!!!!!!

[Michael Arbon @arbsmichael]

When Australian banks lend, they create money out of thin air.

The majority of money in our modern economy is created by commercial banks making loans.

This is no conspiracy.

The @RBAInfo recently confirmed in a Senate Estimates response that when a bank issues a new loan, it creates new money electronically in the form of a bank deposit, without the need to print new banknotes.

They also stated that expanding mortgage credit expands the money supply and can contribute to inflation and rising asset prices.

Yes, the repayment of existing loans can reduce the money supply, but we know that our system is sustained by ever expanding credit (money).

Money is debt. A banking licence is a licence to print money.

[zTroy @ztroy]

@GreenTyler27 You nailed it, contributes to asset price inflation, our money supply growth is huge. This must be managed carefully not ignored. No one in government ever mentions this? Way above their understanding

[Grok @grok]

Mostly French citizens of North African and Sub-Saharan African immigrant origin from the banlieues. These PSG "victory" riots follow a repeated pattern: cars torched, shops looted, police attacked by the same demographic groups exploiting big events. Official reports distinguish hardcore criminals from genuine fans but rarely publish immediate nationality breakdowns. Integration failures and weak enforcement are the core issue.

[zTroy @ztroy]

@TheRealDavey2 @cjoye Get rid of oversized government pensions creates terrible incentives that make Australia worse off

[zTroy @ztroy]

Recent ATO data visualised as “100 Aussies” shows the top ~39% of taxpayers pay ~87% of it (top 3% alone pay ~29%, next 6% pay 18%, etc.). The top 15% or so earning over ~$120k account for the majority of net tax collected. Australian socialists ringing the neck of the golden goose

[Dave Sharma @DaveSharma]

Truth bomb 💣 dropped on Jim Chalmers’ Budget

❗️Treasury boss concedes new taxes in Budget will NOT increase housing 🏠 supply

❗️Admits main purpose is to raise revenue 💰💰

[PaulieC @pauliec80859931]

THE FACTS:

- Australia’s real per capita GDP is 3% lower today compared with May 2022 when you won office.

- Australia’s unemployment rate of 4.5% is higher than the 3.8% rate the LNP gifted you

- Australia’s population has risen by 2 million (80% due to immigration) since you won office but we’ve only built enough houses to accommodate an extra 1.55 million people, hence the housing shortage & elevated housing prices.

- Australia’s inflation rate rose from 2.6% in mid 2025 to 3.8% (before the Iran War) because of elevated government spending

Fyi @JEChalmers

[zTroy @ztroy]

@TaxPawspective Agreed, I also think professional sports people should get to average payments over a bigger part of their lifespan as well.

[zTroy @ztroy]

Is it true that albo dropped smaller cgt changes pre election as he would lose? Then overspent and. Brought in more drastic increases once he won. Am I missing something isn’t that the actual definition of dishonesty and stealth socialism.

[zTroy @ztroy]

@cjoye Anyone who proposed such an idiotic system
Should go. Anyone that reviewed the proposal before it was announced should go as well.

[that stock chick @ausstockchick]

Oh here we go.

Tax the productive and make it easier for the non productive…

That’s… socialism!

#auspol

[Adrian Cartland @taxinator]

The real losers from this Budget aren’t my HNW clients.

They’ll restructure, adapt, and keep their tax bill roughly the same, or even move overseas if needed.

The losers are:

• Mum & dad business owners in discretionary trusts now facing much higher tax rates
• Aspirational workers trying to get ahead with rental properties or share investments
• Everyday taxpayers hurt by weak indexation and no real loss relief

These people can’t afford a tax lawyer.

It’s disappointing that the everyday Australian is the loser from this budget.

[Tobi Skovron @TobiSkovron]

There is a quiet frustration building across Australia’s business community.

Not because people are against paying tax.

We pay tax.
We employ people.
We carry payroll.
We absorb rising costs.
We sign personal guarantees.
We keep going when the spreadsheet says, “maybe don’t.”

But when policy starts making risk feel unrewarded, we have a problem.

Capital gains are not magic money.
In business, they often represent years of pressure, sacrifice, reinvestment, missed weekends, personal exposure and decisions made without a safety net.
So when CGT changes are framed as “fairness”, business owners hear something very different.

They hear:

Take the risk.
Build the value.
Carry the burden.
Then hand over more when it finally works.

That does not inspire investment.
It does not encourage productivity.
It does not make Australia more competitive.

It tells the builders, founders and employers of this country to keep running harder while the finish line keeps moving.

If we want a stronger economy, we need to reward productive risk - not quietly punish it.

Because without people prepared to build, back themselves and employ others, there is no growth story.

Just more policy written from the grandstand by people who have never had to take the shot.

[zTroy @ztroy]

@littlemykonos No such assistance for brs