Andrew Bogut

153 posts

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Andrew Bogut

Andrew Bogut

@andrewbogut

odavno je preskočena crta https://t.co/vXV5BLhxb2

Australia Katılım Aralık 2012
1.6K Takip Edilen399.7K Takipçiler
Andrew Bogut retweetledi
Claire Lehmann
Claire Lehmann@clairlemon·
Have been arguing with people on Reddit about Chalmers' budget & CGT changes. The people defending the budget seem to think that only rich people start small businesses & that anyone with a capital gain won't notice they're paying half of it to the government.
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@jason
@jason@Jason·
They updated the most legendary chart on twitter What stands out?
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Stephen Quartermain
Stephen Quartermain@Quartermain10·
Career politicians are ruining Australia.
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Marko Matvikov
Marko Matvikov@MarkoMatvikov·
“Direct all investment into super” “Done” “Now raise the age they can access it”
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Matthew Camenzuli
Matthew Camenzuli@Matt_Camenzuli·
This is a Koala. If you don't believe me, I will take you to federal court and prove it there.
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Alister Berkeley
Alister Berkeley@alisterberkeley·
This message exchange is with my ex-wife who is a Partner at a New York law firm working in international financial markets @GeoffWilsonWAM @cjoye 🤯
Alister Berkeley tweet media
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David Limbrick MP 🌸
David Limbrick MP 🌸@_davidlimbrick·
The court has interpreted the law about what businesses should recognise as a woman. Unfortunately, the law is stupid and needs to change.
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Andrew Bogut
Andrew Bogut@andrewbogut·
Is there any other industry where you can blatantly lie to get your job, not fulfil what you promised when you are in the job, then spin it in a way to say you are actually HELPING the people that voted you in for that job (that you lied to to get in) other than Politics? I mean............
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Andrew Bogut
Andrew Bogut@andrewbogut·
🫠🫠🫠🫠
The Noticer@NoticerNews

Here are some of the craziest details from Labor's 2026 Federal Budget: - $124M for powerful Jewish lobby group the Executive Council of Australian Jewry (which is behind Australia's new "hate speech" laws) - $207.4M to "combat the influences of anti-Semitism, violent extremism and hate" - $46.7M in financial support for the Jewish community - $41M for various education department anti-Semitism initiatives - $9M for a hate crimes database - $68.8M for National Security Investigations teams (hate speech and social media post police) - $32.6M on social cohesion public awareness campaigns - $793M for "Closing the Gap" policies for aboriginals - $36.6M to help aboriginals to vote - $48.3M for aboriginal hostels - $4.2M for a new National Aboriginal and Torres Strait Islander Cultural Precinct - $6.8M for aboriginals to "own, access and manage water" - $308.6M to "end gender-based violence" - $50.4M to continue investigating alleged Afghanistan war crimes - $6.6M to give missiles to the UAE - $64.6M to recruit Papua New Guineans into the Australian Defence Force - $16.6M to investigate sexual violence in the ADF - $24.7M to recycle solar panels - $112.7M for gambling addicts - $25.3M on the India-Australia Comprehensive Strategic Partnership, mainly for a grants and fellowships program - $167.3M for Nauru - $550M to "support high‑quality, climate‑resilient infrastructure in the Pacific and Timor‑Leste" - $33.2M for Indonesia - $68.5M for HIV treatment for immigrants who are not eligible for Medicare - $449.3M for RSV vaccines - $10.8M to "provide community‑led health literacy education to refugee and migrant women" - $7.7M to boost refugee employment - $74.2M to fight abuse of the refugee visa system - $27M to make migrant workers follow the law - $19.8M to fight abuse of the student visa system

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Niki Scevak
Niki Scevak@nikiscevak·
The saddest part of the disastrous budget is that it strikes down hope in young, ambitious Australians 😔 The doublespeak is horrific: supposedly about young people, but nothing in it is for them. Supposedly about productivity, but more red tape everywhere
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Andrew Bogut
Andrew Bogut@andrewbogut·
“A nation cannot tax its way to prosperity” - Churchill
christopher joye@cjoye

The single biggest winner from the budget: the tax-free owner-occupied home, which is where people will put their money. After the budget doubles the capital gains tax on productive businesses/assets from circa 23.5% to 46-47%, investors will understandably pull money from businesses, shares, commercial property and rental housing and plough it into their tax-free owner-occupied home. It's a great way to push up the prices of these houses. On the other hand, cutting negative gearing while also doubling CGT makes investing in rental properties extremely unattractive. It hammers the capital gain upside on any asset: shares, commercial property, the small or medium sized business you built, venture capital and private equity. It will give Australia the most unattractive capital gains tax in the WORLD (see table below)! So the government's policies will (1) push up owner-occupied house prices, (2) push up rents, and (3) reduce the capital available for investing in any small, medium or large sized business that is driving employment, innovation, growth and productivity/prosperity. Investors will go to other countries where they pay half the capital gains tax, or less. Since these pollies have never worked a day of their lives in the private sector, it is no surprise that when they decide to completely and unilaterally rewrite the entire tax system for all investors and businesses -- after promising before the last election more than 50 times NOT to change the capital gains tax and negative gearing rules -- that they would blow the entire Aussie economy up... Your best bet will be to buy a house, live in it, and hope they keep dropping 500,000 new people into the country every year to pump-up prices...

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christopher joye
christopher joye@cjoye·
Is Aussie capitalism morphing into stealthy sunburnt socialism? Back in 2007, just 2% of Aussie workers paid the top 45–47% marginal income tax rate. Within five years, that share is projected to explode to around 1 in 10. And even assuming only modest 2.5% annual income growth, bracket creep will drag more than 1 in 5 workers into the top marginal tax bracket within 15–20 years. If inflation and wages keep running hotter than 2.5%, that timeline compresses fast. This is not an accident. It is the inevitable consequence of a vastly larger state needing much more revenue. Monster tax increases — including proposals to double the tax on small business and company valuation (or capital) gains when owners sell — are being foisted on taxpayers to bankroll a gigantic expansion in government spending and publicly funded employment. Since 2007, the publicly funded share of total Aussie jobs has surged from 23.7% to 32.0% — a 35% relative increase. At the same time, the number of publicly funded workers per person has exploded by 45%, rising from 120 to 174 per 1,000 Australians between 2007 and 2025. On some measures, Australia now has more publicly funded workers per person than any other country in the OECD. The flipside is brutal: small businesses and private companies are being crowded out. The private sector’s share of total jobs has shrunk from 76.3% in 2007 to 68.0% last year. Higher taxes. Bigger government. A smaller private economy. Stealthy socialism. A higher cost of living. And declining productivity, income-per-capita and living standards as a consequence.
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Andrew Bogut
Andrew Bogut@andrewbogut·
Great to see the man himself, of @RogueBogues fame, Mike Procopio @HoopConsultants He took me to one of the best steakhouses (Texas style steakhouse) I have been to. No more sizzler jokes!
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Mike Procopio
Mike Procopio@HoopConsultants·
@Adelaide36ers As President of the overweight basketball coalition I stand behind Bogues. Mr Griffin will just have to toughen up. I’ve taken 34,456 more weight jokes from Bogues than the owner Mr Griffin has taken and I made it just fine. Bogues is fine in my book and should carry on !
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Collin Rugg
Collin Rugg@CollinRugg·
BREAKING: Jury sides with Afroman, who was sued by sheriff's deputies after he made a music video with surveillance of them raiding his home. The deputies said posts & the music video caused "humiliation, ridicule, mental distress, embarrassment, & loss of reputation." Afroman says his home was wrongly searched, and he accused the deputies of causing damage to his home. He also said they disconnected his security footage and stole $400.
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