Joined November 2009
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Powell's Other Glasses (Ausnotes) ๐ŸŒธ retweeted
"Immigration Minister Tony Burke has said budget papers show migration is "continuing to get lower"" The absolute absurdity of using budget migration forecasts as a defence when they have got them so badly wrong in the past.
Immigration Minister Tony Burke has said budget papers show migration is โ€œcontinuing to get lowerโ€, despite the official figures showing Labor has failed to meet its migration targets in any year since 2022. skynews.com.au/australia-newโ€ฆ
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Powell's Other Glasses (Ausnotes) ๐ŸŒธ retweeted
Canโ€™t imagine why we feel so bad
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Powell's Other Glasses (Ausnotes) ๐ŸŒธ retweeted
BREAKING: President Trump says the deal terms that Iran "leaked" have "nothing to do with the terms that were agreed to" and Iranian leaders are "very dishonorable people to deal with." "With them, there is no such thing as dealing in good faith," Trump says.
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Powell's Other Glasses (Ausnotes) ๐ŸŒธ retweeted
Australian net long term and permanent arrivals for the year to April came in at 223.2k, the highest figure on record.
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Powell's Other Glasses (Ausnotes) ๐ŸŒธ retweeted
If a major Australian political party can't hold an event in a privately owned restaurant, the Victorian government and police have sent a clear message about who controls the streets.
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Powell's Other Glasses (Ausnotes) ๐ŸŒธ retweeted
๐Ÿšจ NEW: Victoria (state) voting election ๐ŸŸฆ L/NP: 30% ( 1) ๐ŸŸง ONP: 23% ( 2) ๐ŸŸฅ ALP: 21% (-2) ๐ŸŸฉ GRN: 15% (-) โฌ›๏ธ OTH: 11% (-1) Two-party-preferred ๐ŸŸฆ L/NP: 55% ( 2) ๐ŸŸฅ ALP: 45% (-2) DemosAU/PremierNational | 7-11 Jun | n=1056 | /- 1-10 Feb
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Powell's Other Glasses (Ausnotes) ๐ŸŒธ retweeted
$REA.AX REA Group - told ya the valuation was absurd... Still lots of downside from here too
$REA.AX REA Group - find me a more loved Aussie stock Two of Australia's favourite things - 1) tech on a nosebleed multiple and 2) propadee If it can just keep growing earnings at 15% p.a. for the next decade, the current share price may turn out to be justified !
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Powell's Other Glasses (Ausnotes) ๐ŸŒธ retweeted
pre Albo CGT Vs post Albo CGT
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Powell's Other Glasses (Ausnotes) ๐ŸŒธ retweeted
$MVF.AX rejects 90c proposal.. now has a downgrade in expected profit to 17-18m ... previously 20m... Ouch! (Not Held)
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Powell's Other Glasses (Ausnotes) ๐ŸŒธ retweeted
Token prices down 2.8%, lower 8 days in a row
... make that 7 days Token price index slide back to mid-January levels, fading much of the agentic frenzy of the past 3 months.
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Australia only a few years behind the UK.
BREAKING: The UK is drafting a law to scan every photo, video and message on every phone in the country. Tech CEOs who refuse to implement this could face up to 5 years in prison. The proposal would force companies to build device level scanners that inspect content before encryption. That means: โ€ข Every image scanned โ€ข Every message inspected โ€ข Every video analyzed All directly on your phone. Governments and companies pushing these safetyโ€ systems already have a terrible track record protecting user data. Last month, Europeโ€™s new age verification app, promoted as a way to "keep children safe," was hacked in under 2 minutes. In another case, over 70,000 IDs and selfies linked to online verification systems were exposed in a major breach. Now the UK wants even deeper access directly inside your device. Once governments force surveillance tools into every phone, they can expand what gets monitored at any time.
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VIVA LA FUJIMORI Congratulations to the citizens of Peru for defeating communism
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One Nation is definitely inside Albanese's OODA Loop. He is now claiming that their $2 million fundraiser is fake ๐Ÿคฃ
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Powell's Other Glasses (Ausnotes) ๐ŸŒธ retweeted
BOOM *OpenAI Considers Drastic Price Cuts, Anticipating Costly War For Users With Anthropic -- WSJ
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Call me crazy, but Iโ€™m starting to think weโ€™re not close to a deal with Iran.
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PIMCO WARNS DEFAULT WAVE IS COMING PIMCO warns that a credit-loss cycle is underway, with defaults expected to rise sharply among lower-quality borrowers, including leveraged and private credit companies. The firm says AI-driven disruption could hurt heavily indebted businesses, while current credit markets appear complacent about risks. PIMCO favors intermediate-term government bonds, citing recession risks, persistent uncertainty, and the potential for future central-bank rate cuts.
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Powell's Other Glasses (Ausnotes) ๐ŸŒธ retweeted
Spot on @DerekFranc90653. Laborโ€™s proposed 50% CGT rate isnโ€™t just the highest in the world. Itโ€™s economic vandalism that punishes aspiration, kills startup investment, hammers retirees and productive capital, and drives mobile talent and money away. Australia deserves better than this war on success. Every investor, entrepreneur and concerned Australian should read this submission. Circulate it widely.
Newspapers are reporting my first submission to the Senate that the new proposed capital gains tax at a rate of 50% is the highest CGT rate in the world, 147% above the world average at 20%. Please circulate widely: news.com.au/finance/economy/โ€ฆ
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Australian economists really need to pull their thumb out of their ass.
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Pretty incredible stuff - One Nation raised more than $1 million from the public in less than 24 hours
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Whole party should be sacked for thinking it's solely a supply issue.
What exactly what would be point of sacking Clare O'Neil? It's not like it was ever in doubt the government would fail to meet its target by a country mile and there is broad based incompetence in terms of the public housing build.
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