Anthony Ives

One Nation’s David Farley has won the seat of Farrer. Tonight, One Nation has secured a victory not just for Farrer but for all of Australia. The people of Farrer have not just spoken, they have roared. The people of Australia will not be forgotten. One Nation will fight for you on the floor of Parliament. We will fight to lower cost of living, end net-zero and stop mass migration. None of the other parties havre represented you and have tried to divide Australia.

Only we believe in running politics as One Nation under one flag for the benefit of Australians, not other countries.

Look, I know none of this stuff matters anymore. But my G*d. This will be the 4th time the S&P 500 $SPY has hit a record high while 5% of its members fall to 52-week lows. 1. July 1929 2. January 1973 3. December 1999 4. Today

You and your team start, and work in, a business. You put $250k in to get it to break-even. After a decade of blood, sweat and tears, your business is worth say $5 million. Under Labor's proposal to effectively double capital gains tax by indexing it to inflation, you would see a 96% increase in the tax you would otherwise pay today. You would pay more tax in Australia than if you set up *three* of these $250k businesses in Canada, NZ and the UK, and them sold them for $15m in total. And we were told by the government more than 50 times before the election that they would not touch CGT or negative gearing. Check out this table summary of the change in total CGT paid @GeoffWilsonWAM

Brilliant tool @chrisbrycki. The leaked new tax on CGT is “stupidity of the highest order”. Reducing the reward for long-term risk-taking won’t create more risk-takers. Expect less investment in businesses, shares, property and more sitting in the family home or super. Classic own-goal for productivity and all Australian!

One of the biggest tax changes in decades will be announced in next week’s Federal Budget. The widely expected CGT changes won’t just affect wealthy investors or property owners... they affect anyone trying to build long term wealth through shares, investment property or building a business. To help Australians understand the potential impact, we’ve built a CGT calculator that estimates how much better or worse off people could be under the proposed rules: stockspot.com.au/cgt-calculator/ A few examples from the calculator: • An ETF investor growing $100k over 10 years could end up with around $26k less after tax • A property investor could lose more than $50k in after tax wealth • A founder building and selling a business for $1m could lose more than $225k If you materially reduce the after-tax reward for taking long term risks, fewer people will invest in businesses and productive assets. Over time that means less investment and innovation, fewer startups, lower productivity growth and ultimately fewer jobs in Australia. I discussed this in The Australian last week. theaustralian.com.au/wealth/investi… Instead, more money gets pushed into the family home, super or cash sitting in the bank. That’s why entrepreneurs and business leaders including @PaulBassat, @GeoffWilsonWAM, @leighjasper, @matt_barrie, @lux_schwab, @lukeanear, @Bron_LeGrice, @MJBiercuk and @craigRblair have all raised concerns about the broader economic consequences these changes could create. We thought if people could properly quantify what these changes might cost them over time, it would make the broader economic impact much harder to ignore. The calculator is designed to help Australians model different scenarios before any final rules are announced: stockspot.com.au/cgt-calculator/

#ASX #XAO 1 year lows $EVT $FPH $RMD $SGP 2 year lows $ADH $IRE 4 year lows $SDF 5 year lows $CSL $EQT $IEL $LLC $LOT all time lows $ATA $ING Capital & dividend adjusted

#ASX #XAO 1 year highs $MAQ $PAC $PLA 2 year highs $AGI 5 year highs $DVP all time highs $MLX $MMS $SIQ $SKS $SXE $TEA Capital & dividend adjusted

#ASX #XAO 1 year lows $SUL 2 year lows $ADH $LNW 5 year lows $CSL $IEL $SHL all time lows $SLD Capital & dividend adjusted

#ASX #XAO 1 year highs $MAQ $MIN $PMT 3 year highs $NIC 5 year highs $BSL $DVP $EUR all time highs $APA $BHP $IFT $IPG $MQG $NWH $PLS $RIO $SIQ $SKS $SXE Capital & dividend adjusted

The physical North Sea oil market has weakened further, with Dated Brent down to $104 (down ~10% in one day). More importantly, physical differentials have narrowed further, with premia at $0-$2 a barrel range, lowest since the early days of the war. The message? Plenty of oil.

“My word is my bond “ @AlboMP

"This is one of the best earnings seasons in 20 years...All 11 top-level sectors are expected to show YoY earnings growth for the first time in 4 years:" Deutsche Bank research dbresearch.com/PROD/IE-PROD/P…

#ASX #XAO 1 year lows $A2M $BBN $EVT $FPH $HVN $LED $NCK $SUL $UNI 2 year lows $ADH $CWY $DXB $EBR $IRE 5 year lows $ARB $IEL $PGC $SHL all time lows $CMA $ING $SLD Capital & dividend adjusted

#ASX #XAO 1 year highs $MAQ $MIN 2 year highs $WC8 5 year highs $SRL all time highs $IFT $IMD $IPG $NWH $PLS $RIO $SKS $SXE $TEA $WGN Capital & dividend adjusted

💥Glencore's Kazzinc, Kazakhstan's largest producer of zinc, lead, copper, gold, and silver just had a deadly explosion. 2 dead, 5 injured, building partially collapsed. The critical minerals supply chain isn't just concentrated. It's fragile.

Thank you Germany 🇩🇪and Britain 🇬🇧 for sacrificing your economies to save the planet. China appreciates you exporting your manufacturing to provide jobs for their citizens.

🤔

Australian Government to DOUBLE the tax on every young Australians success in next week’s budget. #budget2026 Young Australians building real wealth are about to get absolutely fleeced by @AlboMP and @JEChalmers. They want to double the tax on your life’s work. This isn’t “fairness.” It’s a brutal raid on every Australian trying to build real wealth. #LaborTaxRaid

The @ausgov @JEChalmers @AlboMP are destroying everything young Australians aspiration with their new capital gains tax in the budget. Young Aussie invests $10k @15% pa for 50yrs =$10.84M. 3% inflation, indexed cost base =$44k. Real gain $10.79M. Current CGT (50% discount)=$2.63M tax Proposed 48.5% on indexed gain=$5.23M tax @ausgov wants to DOUBLE the tax on long-term success. Punitive raid on aspirational Australians. #AussieTaxGrab

Look at that "train" of green arrows! These are tankers, mostly VLCCs, carrying Saudi crude from Western ports to Asia! Map form @Kpler