Lee Hatherell

19.7K posts

Lee Hatherell

Lee Hatherell

@LeeHatherell

Fantasy sports. Game of Thrones. Civilization. Pastafarianism.

Katılım Kasım 2011
1.6K Takip Edilen273 Takipçiler
Lee Hatherell
Lee Hatherell@LeeHatherell·
@BiancaColecchia You do know you cant increase rent more than once every 12 months yes? So these were all going to rise anyway, or more likely, it’s made up
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Bianca Colecchia | PH One Nation
Labor’s budget is working great for the housing market isn’t it? Landlords unable to keep up with rising expenses and taxes, and renters are ultimately left to pay the price… but hey, this was all done to HELP the average Aussie.
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Lee Hatherell
Lee Hatherell@LeeHatherell·
@Trufflepig @CraigSarg73 OP provides data and facts. Cooker replies wrong because his feels don’t like what the data said. Of course he did
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Truffle Pig
Truffle Pig@Trufflepig·
Call it whatever you like, its socialist slop policy to the core. Big government has always been bad for every country thats tried it. What country runs better with the governments hand in everything? You leftists cant bullshit your way out of this budget as it literally effects everyone with $10 billion extra taxes on the masses every year when we have a government who already cant cotrol their spending. Its over. Were done with this moral superiority, feel good, kum bay ya socialist madness. Australians first, small government, controlled spending, lower taxes across the board, end the rorts & be proud of our country.
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Dirtyleftie
Dirtyleftie@CraigSarg73·
Australia now has the world’s strongest economy and some of its weakest economic reporting. Coverage of the latest Federal Budget exposed just how far standards in Australia’s media have declined. The Budget data showed Australia remains one of the strongest-performing advanced economies on Earth. It is currently the only country with unemployment and inflation both below 4.7%, median adult wealth above US$250,000, triple-A credit ratings from all major agencies, moderate interest rates, and government debt below 25% of GDP. On top of that, the Budget introduced reforms aimed at tackling long-standing structural inequities changes that many economists argue were overdue. In most countries, results like these would dominate headlines and strengthen public confidence. Instead, much of Australia’s media responded with outrage, fear campaigns and ideological attacks. Headlines warned of “budget debacles”, “dire consequences”, “war on wealth”, and “further pain”, while largely ignoring Australia’s globally leading economic performance. Much of the commentary relied on the same recycled narratives that have dominated economic reporting for years narratives that often collapse under scrutiny. Claim: Living standards are falling. Reality: Living standards dipped globally after COVID, including in Australia, but key indicators have rebounded strongly since 2023. Australians are travelling overseas in record numbers, spending more on dining, retail and discretionary goods, and consumer activity has surged. Claim: Wages are going backwards. Reality: Real wages were hit during the inflation spike that followed the pandemic, but wage growth has now outpaced inflation. Since late 2023, wages, pensions and welfare payments have all risen faster than consumer prices. Claim: Australia is a high-tax country. Reality: Australia remains one of the lower-taxed advanced economies. The GST is just 10%, far below consumption taxes across much of Europe, while Australia’s total tax-to-GDP ratio sits near the bottom of the OECD. Claim: Labor keeps increasing taxes. Reality: IMF data places Australia among the lowest-taxing developed economies in both 2025 and 2026. Claim: Labor is anti-business. Reality: Business profits outside mining have reached record highs, while employment and expansion across many sectors continue to grow. Claim: Labor spends recklessly. Reality: Spending as a share of GDP under Anthony Albanese remains below levels seen under several previous governments, including the Morrison Government. Claim: Business investment is collapsing. Reality: Investment stagnated during the Coalition years but has resumed growth under the current government. The bigger issue is what this says about Australia’s media culture. Economic reporting increasingly resembles political campaigning rather than factual analysis. Too often, selective statistics, misleading framing and emotionally loaded commentary replace balanced reporting. When positive economic outcomes are ignored while fear and outrage dominate coverage, it damages public trust, distorts national debate and weakens social cohesion. Australia’s economy is not perfect. Productivity, housing affordability and inequality remain serious challenges. But pretending the country is in economic collapse despite internationally strong results does not inform the public. It misleads them.
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Pete Z
Pete Z@PeteZogoulas·
I asked Greens Senator Mehreen Faruqi one simple question: Why did you vote NO to investigating NDIS fraud? She refused to answer. Now I’m told she complained to the AFP and requested taxpayer funded 24/7 security over it. This is the same Greens senator reportedly approved to bulldoze 20 trees from her luxury rental. Won’t protect disabled Australians. Won’t answer questions. Investigate fraud now Mehreen.
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Geoff Wilson
Geoff Wilson@GeoffWilsonWAM·
Put it to an election, “you gutless wonders”. Tech bros get special CGT concessions while every other Aussie business gets bent over? No mandate, broken promises on not touching negative gearing or CGT, and now this sneaky sector-favouring garbage. @AlboMP and his professional pollie mates have zero right to railroad the economy like this. Call the election or drop the radical tax overhaul. This undemocratic Canberra arrogance.
christopher joye@cjoye

Why would the CGT concessions be for tech only? Why not for all Aussie businesses? Why is tech more important than any other sector? And given the polling suggests voters clearly would have rejected these proposals at the last election, and there is patently no mandate to introduce them given the election was won on the many promises not to ever touch CGT and negative gearing, why not do the only honest and honourable thing - and put these radical changes to the test of an election? Either call one now or put them to the next election. Trying to railroad them home on the basis of a majority government that was voted in on the premise it would not make these changes is demonstrably non-democratic. It is also very unAustralian… At least give everyone a chance to vote on whether they want to overhaul the economy in this way. Even @DHughesy is up in arms about being rorted by the professional pollies who have never started a business or hired another Aussie in their lives

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Lee Hatherell
Lee Hatherell@LeeHatherell·
@DaveSharma Should people be able to claim gambling losses as a deduction then champ? 🙄
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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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Big Dazz
Big Dazz@DBureges·
@MarkP7186012653 @AF_Hell I don’t care about idiots on Twitter. I’ve seen people celebrating Elliot’s injury I’m referring to the players
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AFHell - A bankrupt VFL in disguise
I understand supporting your team and associated bias, but Collingwood supporters are literally saying that one of these was legal (Maynard) and one of these was a dog act (Elliot). No further arguments required your honour. Case close.
AFHell - A bankrupt VFL in disguise tweet mediaAFHell - A bankrupt VFL in disguise tweet media
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Lee Hatherell
Lee Hatherell@LeeHatherell·
@Chriskenny_sky Sickening to see you happy to have to home ownership rug pulled from a whole generation
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Chris Kenny
Chris Kenny@Chriskenny_sky·
Sickening to see Labor's millionaire Teal friend pushing higher taxes on others, after she made her squillions...
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まだ面白い
まだ面白い@madaomoshiroi·
おばけコスが似合いすぎるアヒルまだ面白い
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Stokdog
Stokdog@stokdog·
Whatever confidence anyone had in Albanese is gone since the budget. It's over for Labor.
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libertarian West ozzy
libertarian West ozzy@centristozzy·
@LeeHatherell @BleedingEdgeAM Yeah the gov shouldnt be taxing gains after they already taxed your income. Stop deep throating govs that cant manage money and use the system to make themselves wealthy. They shouldnt even be taxing income the thieving pricks. Workers deserve to keep the fruits of thier labor
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Anirban Mahanti
Anirban Mahanti@BleedingEdgeAM·
Income from labour involves no capital risk. When you are employee, you get sick leave, other government mandated leaves such as long service leave. Even if working casually, you get compensated via casual loading. The pay comes every 2 weeks like clockwork. When one invests, there’s no sick leave, no long service leave, and no guaranteed paycheck. You can lose your entire capital. Saying both types of income are the same is ignoring these key differences. Trying to make them the same will inevitably result in less capital investment and eventually fewer jobs.
Chris Brycki@chrisbrycki

"Flogging Labor’s budget this week, Albanese said that his proposed new minimum 30 per cent tax on capital gains is “fair” because it matches what the majority of workers pay on their income. For Chalmers, “one of the big principles in the budget is to try and better align the way that we tax people who work with people who earn their income in other legitimate ways”. The other legitimate ways involve capital. One of the hoariest myths in the socialist lexicon is that it’s “fair” to tax income from labour just the same as income from capital. This has its roots in the kind of class warfare and ideology we all thought had disappeared when the Berlin Wall fell. We had all hoped that while Albanese may have felt safe in telling the 1991 ALP national conference in a debate on inheritance tax that “accumulated income in the form of capital is for all socialists at least part of the source of many social injustices”, he had learned a bit more about the real world since then. Sadly, no. Neither Albanese nor Chalmers have learnt the lessons that a few years in the private sector, or a few years running a small business, might have taught them. Either they do not understand the difference between capital and income, or they are being deliberately duplicitous by ignoring the differences." credit @jkalbrechtsen

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libertarian West ozzy
libertarian West ozzy@centristozzy·
@LeeHatherell @BleedingEdgeAM Mate what do you think your gov enforced super is based on 🤣 you would be better off trying to hold the gov to same standards we have to abide. Dont go rack up debt you cant pay off because eventually its all gonna collapse
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Lee Hatherell
Lee Hatherell@LeeHatherell·
@negativevortex_ Which companies that trialled this were not invited? You don’t even know who was invited. You haven’t read the study. Fucking potato
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The Policy Guy
The Policy Guy@negativevortex_·
@LeeHatherell Let me be precise. *Specifically*...the companies invited to participate. If you have yet further questions, i suggest you resolve them yourself
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The Policy Guy
The Policy Guy@negativevortex_·
Whilst these are pointless, 'loaded' 'surveys', I am supremely confident the Australian public service could move to 0 days per week with no noticeable drop in productivity. However, they would demand an ex-gratia payment in the thousands for acclimatisation trauma
World of Statistics@stats_feed

Big news from Australia 🇦🇺 A new study tracked 15 companies that switched to a 4-day work week (100% pay, 80% hours, 100% output). Results? • 14 out of 15 companies decided to keep it permanently • Zero reported a drop in productivity • 6 companies actually saw productivity increase Less burnout, same (or better) output. The 4-day week is no longer just a dream, the data backs it up.

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Timjbo 🇦🇺
Timjbo 🇦🇺@TimjboAU·
Wooohish.. the sound of losing $200,000 grand off the value of my house. Thanks Albo.😡
Timjbo 🇦🇺 tweet media
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Raymond McKeown
Raymond McKeown@RaymondKeown3·
@SenatorCash This is a further Tax on aged Australians They are nothing but an inconvenient cost to Albanese He hopes they will simply die off in numbers. I also note in the last two Bungled Budgets The aged/elderly received exactly $0 to cope with rising costs.
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Senator the Hon. Michaelia Cash
Labor is removing the higher private health insurance rebate for Australians over 65. Modelling from Private Healthcare Australia shows some retirees could face premium increases three times higher than younger members. A couple over 70 with gold hospital cover could be hit with an extra $1,614 a year. Over 900,000 of those affected earn less than $55,000. These are people who did the right thing and kept private cover to take pressure off the public system. Now they're being punished for it. Because when Labor runs out of money, they come after yours.
Senator the Hon. Michaelia Cash tweet media
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Lee Hatherell
Lee Hatherell@LeeHatherell·
@markbouris Have you overlooked the perspective of a generation locked out of owning their own home?
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Lee Hatherell
Lee Hatherell@LeeHatherell·
@BleedingEdgeAM It’s not the investment being taxed (although this is completely irrelevant, do you rally against gst?) It’s the untaxed profit. Speculating on the stock market is not ‘productive’. Stop bringing a parasite and contributing nothing to society
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Anirban Mahanti
Anirban Mahanti@BleedingEdgeAM·
Most investors are investing post tax dollars. In other words, they have already paid their share of taxes on it. Then, they decided to save & invest. They are taking on a risk with uncertain payoff. If there’s payoff, they get taxed at a slightly lower rate. That’s the norm across most OECD countries. If the payoff isn’t good enough, people won’t take the risk and there won’t be capital growth. Which effectively means lower tax generation & lower spending on services & goods. Hope this makes some sense.
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Lee Hatherell
Lee Hatherell@LeeHatherell·
@MarkoMatvikov ‘My biggest argument is something that has not actually happened or been proposed’
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Marko Matvikov
Marko Matvikov@MarkoMatvikov·
“Channel all wealth into the family home” “Done” “Now tax the principal place of residence”
Marko Matvikov tweet media
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