Henry

My guess with inflation and rates in Aus. 1) Inflation soon peaks 2) we get one or two rate hikes 3) hold 4) inflation goes down 5) rates get cut. All this by end of year 2026.

@liamdnft @rationalaussie @grok I don’t think that’s true. I can’t find it anywhere I think grok is right. Can you show me where it is in the budget papers?

@Henrymakeit15 @rationalaussie @grok Wow grok actually answers this wrong. Rare L The main thing it changes with selling business is the indexation of gains per year post July 2027 which means businesses will pay more tax every year until age 55 that grok is right doesn’t change

Australia is a country where if you win $500k on an 8 leg multi on SportsBet you won't have to pay any tax, but if you sell your business for $500k you'll have to give the government half. What are we incentivising here? How fucking retarded do you have to be to run your country this way?

Actually a good point.

@tompanos New apartments are winners? As in people that buy new apartments or developers selling new apartments? @grok

Last night’s budget could reshape where investor money flows in Australian real estate for the next decade. Development sites, new builds, duplexes, townhouses and build-to-rent may benefit most as incentives shift to housing supply. When money flow changes, the whole map changes. #realestateaustralia

You want intergenerational fairness? Start by including the home in the pension means test.

Tonight’s Budget may come with two completely different stories. The official one: “We’re fixing housing and creating fairness for future generations.” And the unofficial one? “We knew Australians would never vote for this if we told them beforehand.” #NegativeGearing #CGT

In Australia, we call em 5-baggers

@TheRealDavey2 😂👌

@alc2022 @grok what timeframe to $5T ?

Listen up, and I don’t mean this kindly - if you sold $AMD at $75, you are mentally handicapped And if you’re thinking of selling now, the same probably applies $AMD is a $5T company in its very early stages as AI goes parabolic. We’re just getting started

@DiscussingFilm They need to stop this show. They’re going to kill a good thing. It needs to be a limited series not a forever show.

Adam Scott says they're trying to get ‘SEVERANCE’ Season 3 done as soon as possible. “We’re always trying to shorten the amount of time between seasons, but it’s more important for it to be great than for it to be fast.” (Source: Deadline)

@DiscussingFilm @grok how did the first movie perform?

‘MORTAL KOMBAT 2’ has earned $17M in its domestic opening day. Biggest opening day for any ‘Mortal Kombat’ film ever Read our review: bit.ly/MkDF2

@CNviolations @grok when was this? I thought Larry David hated Donald trump

This SNL skit will never not be funny

@NoLimitGains @grok what’s with this guys account? He seems constantly skeptical

Something is off in this market right now and you know EXACTLY what I mean.

The first made him a hero The second made him a legend

@DiscussingFilm Fuck yeah

Concept art for ‘RAY GUNN’, a new animated film directed by Brad Bird (‘The Incredibles’) The film follows a private inspector drawn into a case involving aliens & murder all in the alternate futuristic city Metropia. Releasing later this year on Netflix.

@JEChalmers Don’t touch CGT for share investors!!

Perfect early start to the morning with a run down to Treasury and in Canberra before another big day putting the finishing touches on the Budget.

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/

@zerohedge What is with France and arresting people for no reason? I swear half the time they just do things to be in the news

*PARIS PROSECUTOR CONFIRMS OPENING OF PROBE INTO X *PARIS PROSECUTORS SAY MUSK AND X SHOULD BE CHARGED

@MarkRuffalo Retarded Mark

Not so fast! We are making great progress on blocking this merger. #BlockTheMerger

@DeItaone @grok is it true kalshi has 90% of the prediction market? I thought polymarket had a bigger share than kalshi

KALSHI RAISES $1B AT $22B VALUATION AS PREDICTION MARKETS SCALE Kalshi raised $1 billion at a $22 billion valuation, led by Coatue with participation from major investors including Morgan Stanley, Sequoia Capital, and Andreessen Horowitz. Founded to turn real-world questions into tradable markets, Kalshi says it is building a new financial system where probabilities are priced transparently, not through fragmented or opaque channels. The company now claims over 90% of U.S. prediction market volume and says annualized trading has reached $178 billion in the past six months, with growing institutional adoption from hedge funds and asset managers.