Miranda Stewart’s career is limited to working for the University of Melbourne and the Australian Taxation Office. She’s never run a startup, raised venture capital or had to risk her own money to pay a workforce. Miranda claims “founders won’t leave” despite evidence to the contrary: • California just recorded $1.5t of capital loss as wealthy founders anticipated the introduction of a wealth tax – forcing the government to cancel its plans for it • Norway lost $84b in private assets after the introduction of a wealth tax – the government expected it to raise over $200m per year, instead losing over $900m per year • The United Kingdom hiked its capital gains tax on shares by 4% - resulting in capital gains tax revenue plummeting from $33b in 2023 to $26b by 2025 When countries treat founders, investors and builders as tax cattle, many do leave – you’re talking about the most ambitious and action-oriented people in society. Not all, not always, and not just because of tax. But when social cohesion is fraying, the system feels unfair and government isn’t holding up its end of the bargain, punitive taxes are just another reason to consider your options. So as our country continues to get poorer because people like Albo and Chalmers sit in echo chambers filled with people like Miranda – remember who to blame. If you’re still here.

🚨 Albo caught red-handed as a LIAR at a domestic violence rally 🚨 Prime Minister Anthony Albanese just showed the entire country exactly why our political leadership is failing victim survivors of domestic violence. Domestic violence campaigner Sarah Williams completely exposed Albo's staggering arrogance and dishonesty at a recent rally. After his office explicitly pulled him from the speaking lineup on Saturday morning, Albo blindsided organisers by showing up anyway and hijacking the platform. When pulled up by Williams, he threw a petulant tantrum, slapped his speech papers against his leg like a child, and demanded control by declaring: “I am the Prime Minister” “Do you want me to speak or not?” This is classic Albanese, arrogant, dishonest, and tone deaf. Even at a domestic violence event he makes it all about himself. Williams finished up with this: “Him using his power to speak and taking the platform from victim survivors shows our issue here in this country” Well said.

Kogan CEO Ruslan Kogan has issued a dire warning for Australia over Labor’s planned tax changes, which he said could result in an “exodus of talent” seeking better opportunities abroad. skynews.com.au/business/fina…

Senator Bridget McKenzie (@senbmckenzie) delivers a brutal reality check: "Part of being a leader is taking responsibility for the great decisions, but also for the bad decisions. And one thing about the Prime Minister is it's never his fault. It's never his problem, he never takes responsibility." You cannot govern a nation by taking credit for the wins and gaslighting the public when your bad decisions blow up in their faces. "Australians are feeling very ripped off"-and they have every right to be.

Anthony Albanese Pig Song - Music Video

There were 3 home invasions yesterday in Melbourne, committed by the same gang of thugs Guy had a gun put to his head, a machete was held to his stomach, and a knife to his throat In front of his wife They were Africans Do you understand how fucked things are in Melbourne?

🚨 “IT'S A DISASTER” Labor’s capital gains tax changes will “END small companies” in Australia. Wilson Asset Management Chair Geoff Wilson warns the changes will funnel billions straight to the big end of town. Australia’s $3.3 trillion market sees the top 10 companies already worth $1.1 trillion, now they’ll get even more while small businesses are crushed. Labor is killing the backbone of the economy. #LaborFail #SmallBusiness #TaxDisaster #AussieFirst

You have lost the trust of Australians @AlboMP. Your position is untenable. Resign now, liar.

I agree with NAB’s Andrew Irvine - Australian prosperity is very much at risk under this Labor government And 9 in 10 sensible people would also agree

The Australian people rejected these negative gearing changes at two previous elections already. It's one of the major reasons why Labor lost the elections in 2016 and 2019 So this time Labor thought "Fuck what the Australian people want! Let's do what Labor wants! Let's lie"

‘Kicked in the guts’: Business owners go into defensive mode after budget. This is a comment from one of them.. “So if you get to the end and sell it and you’ve made some money – well I would have thought that’s a reward for your hard work and effort, and the risk that you take as well because most people have got their houses on the line with their businesses. We’re all getting kicked in the guts for that sort of behaviour and that aspiration … It just shows that the government has no respect for people who are employing people and building things and keeping the economy going”. theaustralian.com.au/busines… via @australian

We must stop the illogical new CGT

It's sad that I can tell which way an expert will land on CGT discussions just on haircut alone. It's even sadder that government departments continue to hire people with very poor hairstyles. The lunatics are running the asylum.

The only rational explanation for the 30% minimum CGT 👇 is that profiting from a good investment decision (whether smart or fortuitous) is morally inferior to deriving income by some other means. That is, Jim says saving outside super for your retirement is colourable.

Labor’s capital gains tax changes will “end small companies” and push huge amounts of investor money into Australia’s 10 largest businesses, Geoff Wilson warns. skynews.com.au/business/mark…

Pair found to have defrauded NDIS of $90 million identified as Labor supporters, they claimed the money was used to invest in crypto, a Fijian resort and super cars. Disgusting creatures.

Great to hear from so many Australians at this morning's discussion on the proposed CGT changes. We heard from a migrant from South Africa questioning whether Australia remains the best place for his family... a retired tax accountant concerned about the policy design... the founder of an AI engineering business who travelled down from Newcastle, and many others worried about the impact on younger Australians, entrepreneurship, investment and aspiration. One theme came through clearly: this isn't just about tax. It's about opportunity for the next generation of Australians and Australian businesses. Great to see Senator @ajamesbragg drop in and share his concerns about what many see as a rushed and one-sided inquiry process, where opposing experts and dissenting views have been excluded from the discussion. I've attached the statement I delivered this morning. More photos and media coverage to come. If policymakers genuinely want to understand the consequences of these changes, they should spend more time listening to the Australians who'll be affected by them. Thanks @GeoffWilsonWAM and his team for organising, and everyone who attended.

Sadly there’s a few 🥴

All blue-eyed people on Earth descend from a single common ancestor. One person had a mutation 6,000–10,000 years ago that switched off melanin production in the iris, creating blue eyes for the first time. That trait spread because it was considered attractive. Green eyes are even rarer, while brown was the original human eye color. A 2008 University of Copenhagen study confirmed that nearly all blue-eyed people share the exact same mutation in the HERC2 gene — strong evidence of a single founder. One tiny genetic change in one individual thousands of years ago created a visible trait now carried by hundreds of millions of people today.

The carve out is meaningless, only includes tech start ups; minimum 30% CGT is crazy, in 1990s before 50% CGT discount, you could average out a hypothetical $100k capital again over 5 years (declare $20k in each year to put you in a lower tax bracket). None of this is being proposed, #ALP are fkn thieves #ausbiz #taxes afr.com/politics/federal/gov…