Rhys
3.1K posts


With a few cuts & a bit of manicuring of govt spending in the upcoming budget, Treasurer Chalmers is on track to deliver a rare cut in real govt spending in FY2026-27. The RBA will be delighted to see the govt pulling back from the economy at a time when it's grappling with high inflation. It will also be an important reinforcement of the public finances which are certain to retain their AAA status. MYEFO showed real govt spending rising 0.3% in 2026-27, which is already a marked cooling in govt demand. If there are, for example, $10bil in annual savings in the budget, this will trigger a fall in spending in real terms. youtube.com/watch?v=3WX5Zd…




"Carlton is one of a number of AFL clubs that are developing AI machines to be used live in game." 🗣️ Xander McGuire on Carlton's use of AI




Jim Chalmers is about to utterly fuck small business owners. Imagine for a moment: - you start a small business by building a website, some equipment, and buying a few supplies - it cost you ~$5,000. - over the next 10 years you work incredibly hard (you survived the GFC and COVID19) to grow your business. - you then have an opportunity to sell it for $3M. - you think you've now got a $3M nest-egg that will allow you to move onto the next stage of your life (possibly an early retirement). - But in comes Jim Chalmers, who changes the CGT rules, and now you're going to have to pay the top-marginal tax rate on $2,990,000 ... so you lose ~$1.4M and now only have half of what you thought. This is an appalling act of bastardry and will utterly destroy small business and entrepreneurship in Australia.







"I’m putting him up for trade at the end of the year ... because of that exact vision we’ve been showing for a while." More from #FirstCrack ⬇️ foxsports.com.au/afl/teams/carl…








"I would think If you take out win-loss we've improved." Ross Lyon on the Saints' season so far. #AFLCrowsSaints


good call! Let’s see if there’s any consistency








