Jeff Berky

@Johns_Analytics @SpachusAus @matt_barrie au.finance.yahoo.com/news/boost-jui…

@SpachusAus @matt_barrie I have a method for knowing when the ceiling has not yet been reached - juice bars still exist. Simple and effective.

spoke to a mate this morning who is a real estate agent and he felt the same thing: 1. rents will immediately go up 2. investors will hang on to their properties

@JaneTaylore @paxtherock @NoelWhittaker Yes, it is tax avoidance if it's in the rules; it's tax evasion if it's not in the rules.

@paxtherock @NoelWhittaker It’s not tax avoidance if it’s in the rules.

I'm running numbers on family trusts. If the trust owned by mum, dad, and 19-year-old daughter earns $180,000 a year and they distribute $60,000 to each the tax will be three times $9,000 = $27000. At 30% flat, it's $54,000. That's double - The only way out is to change distributions to wages, but they must be able to justify the wage. It's a shameful attack on business

@matt_barrie @brobson_politic Only 10%, that's not too bad

@brobson_politic will decimate every form of industry absolutely mental

Yes. I've been saying this since the proposed CGT changes were first suggested. Whilst all the talk is about investment properties, these proposed changes will decimate entrepreneurial small business - and decimate small business employment (that employs millions of Australians).

@BomberBreeza @Xero At least the errors look nicer today, yesterday they were just lines of .net code errors @Xero

@Xero you know what I have real issues dealing with?? This on a regular basis.. time to own up and own your mistakes.. #xero #xerofailures

@status_is_down @Xero At least there are nicer errors today instead of aspx.net server errors

@status_is_down Yep, super annoying @Xero - It makes me wonder whether my data is safe

Xero is reportedly down for hundreds of users now. Are you one of them? #xero #xerodown community.designtaxi.com/topic/28105-is…

@PeterSchiff @SenSanders That's a bullshit argument. Amazon is hyper-capitalism (late stage, not sustainable); no one can compete with its scale. If Amazon didn't employ them, there would be 1.5 million extra people running small businesses in the true capitalism sense.

@SenSanders Yes, but Bezos employs over 1.5 million people at Amazon. That’s a lot of jobs he created, even after some layoffs. How many jobs have you created? For all the value Bezos has provided his customers and employees, he deserves a yacht. What value have you provided to anyone?

The reality of American life today: Jeff Bezos, worth $290 billion, spent: $10 million on the Met Gala $120 million on a penthouse $500 million on a yacht Meanwhile, he‘s planning to throw 600,000 Amazon workers out on the streets and replace them with robots. Unacceptable.

@rationalaussie @TATDYLF_R2D2 We are on the cusp of the biggest wealth transfer in history (from the boomers). There will be plenty of money around (for some) to buy property.

@TATDYLF_R2D2 No because we are at the stage in the big debt cycle where capital controls and taxes are implemented, so even massive nominal increases in house prices driven by inflation can't be arb'd through leverage

Honestly, I think this is the beginning of the end for the Australian Property Ponzi Scheme. This energy supply shock is unprecedented and will cause massive inflation, at the same time job losses triggered by AI are just beginning. Who wants to square that circle? Are they going to raise rates and bankrupt home owners, or print money and subsidise the Ponzi scheme? How much money will they have to print to plug that hole? The RBA will probably play with the one tool in their toolbox and increases rates, but eventually the government will see the crisis unfolding and end up subsidising home owners and renters with fake printed currency. Nominally house prices might even go up, but in real terms they'll go backwards. It's over. There's no coming back from the series of events that now seem to be in motion. Who the FK is retarded enough to spend a million bucks on a dogbox in this environment? We are an economy built on quick sand. Massive change is on the horizon.

@elonmusk Another good reason not to use Grok

Grok 4.20 is BASED. The only AI that doesn’t equivocate when asked if America is on stolen land. The others are weak sauce.

@multikool @MarioNawfal What a stupid take on this, the guy shot the sons, he's the fucking idiot.

@MarioNawfal Imagine being a worthless cheating whore and then having to live the rest of your life knowing you’re the reason your sons are dead. Yikes.

@Block_Merchant @NotHoodlum 1000% right, it's the fucking worst

@NotHoodlum He’s right about X being a cesspit.

Ryanair CEO Michael O’Leary was asked if he’d add Starlink to the airline’s 650-plane fleet. He called Musk an idiot, saying the antennas would raise fuel burn by 2%, costing $250M a year, and called X a cesspit. Musk now wants to buy Ryanair for $35B. politico.eu/article/elon-m…

@Apple Can you please bring these iMac's back? They look so great.

@TheBrancaShow I need to get off Twitter, these guys are just clicks for cash, horrible place.

@Aussie_Blakey @Philosophi_Cat @Gillythedog It's true, no other words

@Philosophi_Cat @Gillythedog You're a cunt.

Australians, on the whole, are a very naive people. It never seems to occur to them that the government almost certainly knew what was being planned and either allowed for it to happen or possibly even facilitated it. Why would they do that? Because like all western governments, they intentionally create problems that have the populace begging for a solution that almost invariably strips citizens of their rights and strengthens the surveillance state. This is also why machete-wielding Sudanese are allowed to run free terrorising people, even though there’s an easy and obvious solution. The goal is to make everyone so scared that they’ll accept just about any infringement on their autonomy in order to make the problem go away. (The Australian response to Covid tells you everything you need to know.) Of course, the problem won’t go away and any new anti-terrorism measures will be directed at dissidents, not actual terrorists. It will instead be used to round up Australians who criticise their occupied, traitorous government, while the floodgates to the third world are left open and public spaces remain unsafe.

@elonmusk Very clear example of a sociopath. Empathy and kindness always wins.

Empathy has been weaponized to destroy Western civilization

@minxywinx @CampbellNewman @AlboMP Dipshit

@JeffBerky @CampbellNewman @AlboMP No its not you thick bastard it's about Islamic terrorist scum. Go fuck yourself you piece of shit.

Hi @AlboMP This is not Port Arthur. It's not about gun control. It's about anti-Semitism. It's about terrorism It's about the way you let this cancer spread over the past two years. It's about how you and all agencies of government were warned. But you did nothing. You stand condemned for your total lack of leadership.

@GadSaad You're spewing hate for clicks, you're the deranged one, just like these deranged individuals.

How much longer could this continue? What’s it going to take? How much more evidence do you need? How many more rapes will you require?

@RiseAscendant @libsoftiktok Stop picking sides, treat these people as deranged individuals rather than a "side". You are the problem, making this a division. This is a really terrible time for Australia, and you are making it worse. Think about it.

@JeffBerky @libsoftiktok Well this has been great, you've made some compelling rebuttals to my points... but I'm tired, so I'm going now. When you come up with a solution for preventing tragedies like this, let me know.

One of the Bondi Beach, Australia t*rrorists who kiIIed 10 people has been identified as Naveed Akram. The result of mass migration. The Australian Government imported t*rrorists. They allowed their citizens to be slaughtered.

@streaker_585 You're the fuckwit, and you're the problem. These are some deranged individuals; you making it a "side" is the problem. Grow up.

Every Fuckwit who marched and screamed "free Palestine" should feel personally responsible. So sad our country has come to this.