juggernaut.jon

@rohan_connolly @_jayvince But they will buy 5 packets of cigarette and spend the rest of there money eating McDonald’s

@_jayvince For people who can't afford to shell out for pay TV, I guess. But then why would you give a shit about them, right? 🙄

AFL games record broken, one of the greatest comebacks ever & huge game between two flag aspirants...massive Saturday all hidden behind a paywall on a shitty & overpriced app. No FTA AFL on Saturdays might end up being the single worst decision the AFL ever ticked off on IMO.

@rohan_connolly Pay the service and calm the fuck down you negative man

@maddogmozza 5 turnovers, not including the piss weak fumbles in the first . Needs a lot of improvement and yes it’s good he’s playing but these weak links is what is different between premiers and not

@JuggernautJon Sure, he didn’t have the best first quarter, but he worked his way into the game as it went on. To be fair, not many players handled that first quarter well. It's only his third game, he'll hopefully learn from his mistakes.

Ryan restricting Rachele to just one goal is exactly why Mitchell needs to persist with him every week for the rest of the season. #AFLHawksCrows

@FootyonNine Who gives a fuck

"Does it feel right that this game is going to be behind a paywall?" Has the AFL missed a trick with Scott Pendlebury's much-anticipated record-breaking game? #9FootyClassified | Watch on 9 & 9Now 🖥️

@au_samschriever Australia is not for wealthy anymore . It’s for the poor

@parlatito @ausstockchick Mate that’s not how it works. You don’t sell to access profit. You refinance. Property appreciates → equity grows → bank lends against it → cash in hand. No CGT event, no sale, debt isn’t income. Use that cash to buy the next property. Rinse repeat for 30 years. Thanks

@JuggernautJon @ausstockchick Because selling is the only way of making a profit on this asset. Well, you can be making a cash profit but in general terms eventually your economic loss (negative gearing) will catch up

One thing is almost certain, kiss goodbye to record gains in the housing market. Nobody in the right mind would buy an investment property in Australia now. #auspol

@HawkTalkPod We will get him for a packet of chips now

So Essendon played hardball with the Hawks for the sake of one more season of Zach... a season in which they're 1-8. On what measure has it been worth it? And yet I'm absolutely certain their supporters still believe it was the right call, i.e. for the club to dig its heels in.

@parlatito @ausstockchick Yeah nah. Why would I sell an asset that’s grandfathered with tax benefits no new investor can ever get again? And who told you it’s loss making? .

@JuggernautJon @ausstockchick Everyone will hold on to a loss making asset with no tax benefit?

@TheAusInstitute @MattGrudnoff @GrogsGamut Optimism based on what exactly? The wealthy restructured by lunch. Existing investors are grandfathered ,they’ll never sell. First home buyers compete for less stock, not more. “Affordability” doesn’t appear anywhere in the modelling. There is some gospel

The rumours were true, the budget brought big changes for negative gearing and the capital gains tax discount! "For the first time in forever, I'm actually optimistic about housing affordability." - @MattGrudnoff @GrogsGamut #auspol #Budget2026

@DaveSharma 100% agree. wealthy don’t sell they buy, hold, depreciate, refinance, pass to their kids. Hold until death =no CGT. Kids inherit, hold further, repeat. Budget didn’t touch a single step of that play. The middle pays the bill. The wealthy keep compounding. Same story, new chapter.

Denying younger people the same opportunities to save & invest as their parents does not enhance “intergenerational fairness” — quite the opposite. This is a straight tax grab that will hurt investment, especially in early-stage startups. And not help housing affordability at all.

@MattH093 More common than you would think.

> Implying that the average 22 year old supermarket worker who’s also studying at university, has the disposable income to plow into the share market. 🤡

@Cassandrasl99 27 years of the CGT discount didn’t cause the housing crisis. 27 years of underbuilding did. We built 180k homes a year when we needed 250k. Taxing existing owners harder doesn’t add one brick to that gap.

Well done to the Labor Government. There has been endless pushback from the elite. But reform is needed. The young people, from what I've seen, welcome it.

@JayJay91341991 @abcnews @SkyNewsAust Long overdue? •Existing investors: grandfathered, unaffected •New investors: pivot to commercial or new builds •Wealthy: restructure into companies before 2028 •Renters: cop the 2.4% rent rise modelled by Treasury Tell me again who this Budget helped.

Thankyou Jim Chalmers for introducing changes to Negative Gearing & Capital Gains. Long overdue! 👏 #Budget2026 #FederalBudget #auspol @abcnews @SkyNewsAust

@blowingtom2 Every grandfathered property is one that’ll never hit the market. Owners would be mad to sell — they’re sitting on a 50% CGT discount nobody new can access. Hold becomes the only rational play. Supply tightens. Prices holds or goes. Kids lose.

I think the government has delivered a fair budget. Yes I own an investment property, yes I’m in a higher income bracket. Do my kids benefit from tax breaks. Do my kids have a greater chance to buy a home, yes. ……….

@Ben_Davison1 80% of income tax also comes from the top 20% of earners. Should we “fix that inequity” too? Or does “fair” only run one direction?

80% of Capital Gains Tax discount benefits the wealthiest 10% of people That means 90% of us have been subsidising the wealthiest people to turn our homes into unproductive tax write offs Labor’s budget is trying to fix this inequity

@AngusTaylorMP This budget is “Good” for who? A worker on $80k gets a $250 offset from 2028. A property investor selling a $2M asset post-2027 pays an extra $150k. The first one’s a thank-you card. The second one funds 600 of those thank-you cards.

Jim Chalmers’ Budget is an assault on aspiration.

@MSpringAuthor17 Work harder .

The only people complaining about the necessary Australian tax reforms are the billionaires, for whom our tax system has been far too generous for far too long.”

Negative gearing on residential property is dying. Commercial isn’t. Trusts on residential are getting taxed harder. Companies aren’t. Read the Budget twice. Then move.