Running #nostr. npub1r0d8u8mnj6769500nypnm28a9hpk9qg8jr0ehe30tygr3wuhcnvs4rfsft

There is an additional dimension to CGT on business @cjoye Governments treat entrepreneurial wealth as static consumption wealth rather than recycled productive capital. For many serial entrepreneurs, a successful exit is not the end point. It is the funding mechanism for the next company, the next technology, the next jobs, and the next ecosystem. They often reinvest aggressively because they have pattern recognition, networks, operational experience, and a tolerance for risk that most people do not. When the state heavily taxes those capital returns, it is not merely redistributing wealth. It is reallocating capital away from a proven allocator of risk capital and toward the government itself. Implicitly, the state is saying: “We can deploy this marginal dollar more productively than the entrepreneur who created it.”

Successive governments have overspent, misallocated capital and treated taxpayer money as if it were unlimited. Now Australians are being drawn into a false argument over who should carry the burden: capital or labour, investors or workers, business or households. That is the trap. The real issue is not simply who pays more. The real issue is whether the government spends wisely, disciplines itself, and stops asking the productive parts of the economy to fund waste, duplication and poor policy design. Without serious spending reform, the debate becomes a zero-sum fight between taxpayers. Capital resists. Labour feels squeezed. Households lose trust. Business delays investment. Productivity stalls. A country cannot tax and transfer its way to prosperity if the underlying system keeps wasting the money it already takes. Australia needs a harder conversation: not just how revenue is raised, but whether public money is being used well. Until that happens, we will keep arguing over the bill, while avoiding the real question: why is the bill so high in the first place?

Q4 has completed with Jayride's largest quarter and year ever. FY23 up 99% vs FY22; 84% more trips booked than our largest pre-pandemic year. In Q4 we had 199K trips booked, and run-rate of 20K per week to close out June. Heaps of momentum into Q1 FY24.

Our chairman @rodcu on the absolute state of travel. Travellers don't want the "hard work" stockhead.com.au/news/these-…

The world's biggest ever market for global airfare.

"A story about the Earth’s planetary orbit, an international airport in Palma de Mallorca, and Jayride" – Our senior data scientist Tzvika Harpaz with a great and fun writeup on how Jayride uses data in #travel and #traveltech via @365datascience 365datascience.com/trending/…

Jayride's Managing Director and Co-founder Rod Bishop participated in an interview with Nadine from Small Caps on Ausbiz TV channel. Discussing about Jayride, its operation and travel industry. #Ausbiz #Jayride #Travel linkedin.com/posts/jayride_j…

Right here today on the cusp of our biggest Northern Hemisphere summer to date. March results were record. 61K trips and $475K net revenue are biggest ever, and just getting started. This NH summer is going to be a bumper season!