juggernaut.jon

82 posts

juggernaut.jon

juggernaut.jon

@JuggernautJon

Katılım Kasım 2024
55 Takip Edilen7 Takipçiler
Rohan Connolly
Rohan Connolly@rohan_connolly·
@_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? 🙄
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Rohan Connolly
Rohan Connolly@rohan_connolly·
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.
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juggernaut.jon
juggernaut.jon@JuggernautJon·
@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
juggernaut.jon tweet media
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Mozzamania
Mozzamania@maddogmozza·
@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.
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Mozzamania
Mozzamania@maddogmozza·
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
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Footy on Nine
Footy on Nine@FootyonNine·
"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 🖥️
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juggernaut.jon
juggernaut.jon@JuggernautJon·
@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
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Tito Carvalho
Tito Carvalho@parlatito·
@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
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that stock chick
that stock chick@ausstockchick·
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
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Hawk Talk Podcast
Hawk Talk Podcast@HawkTalkPod·
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.
AFLRATINGS Trade GM@aflratings_GM

"That's been put on ice now basically I think until at least much deeper into the season" Cal Twomey on a Zach Merrett contract extension at Essendon (via Gettable). @aflratings_GM

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juggernaut.jon
juggernaut.jon@JuggernautJon·
@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? .
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juggernaut.jon
juggernaut.jon@JuggernautJon·
@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
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juggernaut.jon
juggernaut.jon@JuggernautJon·
@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.
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Dave Sharma
Dave Sharma@DaveSharma·
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.
Dave Sharma tweet media
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Matt
Matt@MattH093·
> 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. 🤡
Matt tweet media
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juggernaut.jon
juggernaut.jon@JuggernautJon·
@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.
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juggernaut.jon
juggernaut.jon@JuggernautJon·
@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.
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juggernaut.jon
juggernaut.jon@JuggernautJon·
@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.
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Tom the whistleblower
Tom the whistleblower@blowingtom2·
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. ……….
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juggernaut.jon
juggernaut.jon@JuggernautJon·
@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?
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Ben Davison
Ben Davison@Ben_Davison1·
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
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juggernaut.jon
juggernaut.jon@JuggernautJon·
@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.
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Angus Taylor MP
Angus Taylor MP@AngusTaylorMP·
Jim Chalmers’ Budget is an assault on aspiration.
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Michael
Michael@MSpringAuthor17·
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.”
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juggernaut.jon
juggernaut.jon@JuggernautJon·
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.
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