Giles Watch (formerly ShmiraSoft)

866 posts

Giles Watch (formerly ShmiraSoft)

Giles Watch (formerly ShmiraSoft)

@GilesWatch

Centre left millennial.

Katılım Temmuz 2024
111 Takip Edilen37 Takipçiler
Geoff Wilson
Geoff Wilson@GeoffWilsonWAM·
Great nations encourage people to take risks, build businesses, invest for the future and create wealth. Weak nations tax those behaviours until they disappear. Australia is at a crossroads. Sign the petition to protect aspiration, investment and opportunity.
Wilson Asset Management@WilsonAssetMgmt

Please stand with us against changes to CGT. These changes go beyond property, impacting shares, businesses, family farms and retirement savings. Higher taxes on risk-taking mean less investment, fewer businesses and slower growth. Sign the petition: wilsonassetmanagement.com.au/capitalgainsta…

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Giles Watch (formerly ShmiraSoft)
@TimWilsonMP Those small business owners must be petrified having you in their corner. If you do as good of a job as you did last time you were in government you'll achieve nothing. Have you offered a single idea to fix the current system? Beyond "raid super for housing"?
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TJ
TJ@TJJohns24849083·
@GilesWatch @DrewPavlou Like your wife when she sees you naked bitch boy. Try posting a real photo and not hide behind cartoon characters like your comments.
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Giles Watch (formerly ShmiraSoft)
@DTealy1 @DrewPavlou Yes demand from immigrants = bad, demand from investors driven by absurd tax offsets that exist nowhere else = good. I'm all for lowering immigration but I'll take them over property investors every day of the week.
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D.Tealy
D.Tealy@DTealy1·
@GilesWatch @DrewPavlou Mass migration has pushed up property prices by increasing demand And new dwellings have mostly been 1 and 2 BR apartments, not houses, so while new property supply has been low, the statistic for new bedrooms is worse
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Giles Watch (formerly ShmiraSoft)
@DTealy1 @DrewPavlou Yes the beneficiary is the tenant as long as you can't see further than your nose. Should the tenant like to purchase a home however, they stop being a beneficiary, don't they Mr. Economics? Because the property prices have been inflated by useless parasites.
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D.Tealy
D.Tealy@DTealy1·
Investors are coming to terms with the reality. Just like when the government introduced the Ute Tax and the tax passed on to the price of a new car, landlords are already passing on the new taxes with much higher rent reviews If you studied economics you would understand the beneficiary of NG is the tenant
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Giles Watch (formerly ShmiraSoft)
@DTealy1 @DrewPavlou The changes haven't been implemented yet and it takes time for investors to come to terms with the new reality, as we can see playing out right now. They're all reeling and lashing out, threatening to increase rents in retaliation like the cartoon villains they are.
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TJ
TJ@TJJohns24849083·
@DrewPavlou The government did this, not the investors who wanted a bit more for their families
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D.Tealy
D.Tealy@DTealy1·
So if there are no property investors, which you appear to desire, what can renters rent? Do you want all housing to be government supplied like USSR? Of course rents will go up. Name an industry where the prices don’t go up when government adds costs? Eg Ute Tax. Gov increased taxes, prices went up Property is no different
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Giles Watch (formerly ShmiraSoft)
@ausstockchick Getting ahead of who? Of what? Spiralling property prices driven by career parasites? We wouldn't be in this mess if it wasn't for these leeches "getting ahead".
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that stock chick
that stock chick@ausstockchick·
I love how a mortgage broker has spent nearly 20k on a sign outside Canberra Airport which reads… “Getting ahead just got taxed”. Legend. #auspol
that stock chick tweet media
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Giles Watch (formerly ShmiraSoft) retweetledi
Spachus Aus
Spachus Aus@SpachusAus·
345 days to sell in a suburb where the median is just 10 days. 👇 Originally listed at $2.2 million… eventually sold for $1.64 million — a 25.5% drop. This is what can happen when vendors chase peak market prices instead of market reality. The property market isn’t invincible, and buyers are becoming far more price sensitive. 🏠📉
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Sparky777
Sparky777@Potstirrer111·
Crazy buyers agents posting this stuff from their actual business accounts. Seeing heaps of it too lol. Good luck getting any clients that are currently renters in the future
Sparky777 tweet media
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Giles Watch (formerly ShmiraSoft)
@DaveSharma Ironically this makes complete sense according to the LNPs generally amoral philosophy. Your whole argument hinges on "I took the risk so I get the reward" well coming out of a casino having made money is arguably a bigger risk than ETFs, is it not?
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Dave Sharma
Dave Sharma@DaveSharma·
Under Labor’s new tax: — You can walk into a casino, come out $1000 ahead, and pay $0 tax — but if you make $1000 on shares/ETFs, you will pay $300-470 in tax — if you build & sell a business, the ATO now takes 30-47% of your gain Gambling is tax-free. Investing is punished.
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Wesley Drew
Wesley Drew@WR_Drew·
@DaveTaylorNews your an alarmist! should be better working for the ABC. Clearance rate up in NSW and SA
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David Taylor
David Taylor@DaveTaylorNews·
Auction clearance rate for entire state of Queensland: 39% Here we go
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Giles Watch (formerly ShmiraSoft) retweetledi
𝐛𝐚𝐛𝐚'𝐬 𝐬𝐩𝐞𝐜𝐢𝐚𝐥 𝐛𝐨𝐲
What people don't seem to realise is that we're in the 'in between' phase. Everyone selling doesn't quite realise that demand for their three bedroom gyprock shacks has suddenly dropped due to it being a poor investment for over 60% of their formerly interested buyers. A first homebuyer doesn't want a $1.8m former rental in Campbelltown.
Timmehhh 🍞@Timmehhhh7

How many young Australians bought a home this weekend after they weren’t outbid by “Investors”. Not many I reckon. Going well so far then. How long until Labor abandon “The modelling”.

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