Max James

10.5K posts

Max James

Max James

@MaxJames81396

Melbourne Katılım Temmuz 2024
41 Takip Edilen116 Takipçiler
Sky News Australia
Sky News Australia@SkyNewsAust·
The Victorian government is under fire for awarding “rotten” contracts to “Labor mates” after 23 companies that donated to the party received contracts worth a staggering $421 million. skynews.com.au/australia-news…
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Max James
Max James@MaxJames81396·
@SkyNewsAust So there is no evidence that any rules were broken. Majority of the contracts are signed by public servants who would have no idea who the company donated too. Most donate to both parties.
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Ryan Deane
Ryan Deane@ryandeane94·
@MaxJames81396 @AB1327 @MagpieMetalcore It doesn't help that Google wayfinding for the Metro Tunnel is shit. Transfer times are not optimised in their system. Google says it takes 10min to go from State Library to Melbourne Central but the realtime would be 5min. That's the difference between making the next service.
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Dan - GO PIES! ⚫️⚪️⚫️⚪️
So let’s just put Bobby on the long term injury list and sign a SSP in his place. Make it work for us instead of having a dead spot on the list all season. Give it to someone who wants to play footy. #gopies
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Max James
Max James@MaxJames81396·
@AB1327 @MagpieMetalcore It means they are clearly not taking the most effective route. I am sure people swapped at Caulfield for a loop train to get off at Melbourne central
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Aussie Nomad
Aussie Nomad@AB1327·
@MagpieMetalcore I don’t get it but I guess it must be happening. No reason to say it takes longer if it doesn’t.
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Max James
Max James@MaxJames81396·
@ausstockchick Load of crap. People take sick days when they are sick, private sector people get made to work when sick. Doesn't hurt productivity.
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that stock chick
that stock chick@ausstockchick·
Ever worked in the public sector? Sickies sickies sickies. Public sector workers are taking 50% more sick days than private employees. It’s costing us billions according to new data. Creating more public sector jobs = less productivity. #ausbiz #Auspol2026
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Tarric Brooker aka Avid Commentator 🇦🇺
Australian real wages broken down by era. 1997-2012: Start of the data series until the end of the positive impact of the mining boom 2012-2019: Very slow grind higher under mostly under the LNP 2020-2022: Pandemic era 2022-Present: Albanese government
Tarric Brooker aka Avid Commentator 🇦🇺 tweet media
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Max James
Max James@MaxJames81396·
@1116sen @DwaynesWorldSEN We have offered Weddle and Zac Bailey massive money and are chasing butters. Not sure what the pipe is on about here we are already doing it
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Max James
Max James@MaxJames81396·
@sussanley How much is liberal debt? Bit of a stretch when your party contributed to 80% of it
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Sussan Ley
Sussan Ley@sussanley·
$50,000 every single minute just to pay the interest on Labor’s debt. That is how Labor is using your hard earned tax dollars. Not to fix problems, not to build the future, just to service the bill. $1.2 trillion of Labor debt means generations of Australians will be paying for the government's spending binge. And under Anthony Albanese, that debt is only getting bigger. Only the Liberal Party is serious about restoring budget discipline and reining in government spending. Only we are focused on easing inflation, lowering taxes, and taking pressure off Australian families.
Sussan Ley tweet media
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Max James
Max James@MaxJames81396·
@ChrisEconomist @JosephNWalker Would it have more impact in the future and slow growth? Really we need growth of nil or 2% lower than wages growth to start to make a difference
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Chris Richardson
Chris Richardson@ChrisEconomist·
@JosephNWalker Yes, that's fair Short term impacts could therefore be bigger than long term impacts
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Chris Richardson
Chris Richardson@ChrisEconomist·
WOULD CGT REFORM HAVE A BIG IMPACT ON HOUSING PRICES? Would any reform to the tax treatment of capital gains magically make housing affordable? Yeah, nah ... The dollars just aren’t big enough to see any huge shift in the dial In brief, a cut in the CGT discount to 33% would have roughly the same impact on housing prices as this week’s interest rate rise by the RBA (of something like a 1½% to 2% fall, all else equal) That means it would unwind two months of 2025’s growth in housing prices That’s far from nothing Yet it is neither apocalyptic nor revolutionary If you are reading commentary that makes apocalyptic claims, then I suggest you take it with a grain of salt SOME NUMBERS The government hopes to raise $31.5bn in tax on capital gains this year, but that includes CGT paid by super funds and businesses as well as individuals The individuals component would be somewhere around $25bn, and the housing share of that might be $18bn If you read my previous post you’d know there are better-but-more-complicated reforms than cutting the discount from 50% to 33% But 33% is an easy benchmark – with no change in behaviour, the tax take on housing would go up by $6bn a year Yet perspective is handy here: Australians are already paying $124bn a year in mortgage interest, so we’re talking about adding just under 5% to that And an extra $6bn, by the way, is also about the same dollars that were added to the annual national mortgage interest bill by this week’s rise in the RBA’s cash rate Back when I had my hands on a full economic model we estimated that each percentage point added to mortgage rates led to a fall in housing prices of 7% We’re talking about a quarter of that here, so a rate rise would reduce housing prices by 1½% to 2%, all else equal, and the similar dollar impact from cutting the CGT discount would do roughly the same That estimate fits within the bounds of the effects that Peter Tulip regularly notes – see his table below (noting that the tax change here is smaller than some of the others modelled in the group below) Or, to put that differently, the main reason to tax capital gains differently is that our current treatment is poorly targeted, and a better measure would give this nation a less biased tax system Any impacts on housing markets are unlikely to be make or break
Chris Richardson tweet media
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Liberal Victoria
Liberal Victoria@LiberalVictoria·
Jacinta Allan and Labor are rotten to the core. It’s time to change the government.
Liberal Victoria tweet media
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Max James
Max James@MaxJames81396·
@3AWisfootball Done deal apparently. Settled over a game of golf last year.
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3AW Football
3AW Football@3AWisfootball·
His future is expected to be one of the big talking points this year. 👀 Could he be Bombers bound? FULL STORY 👉 nine.social/154e
3AW Football tweet media
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Xander McGuire
Xander McGuire@XanderMcGuire7·
Patrick Dangerfield says Tyson Stengle isn’t in the frame to play in Opening Round. Cats will take a considered approach as he deals with personal issues. He’s back in full training but won’t be looking at AFL footy until later in the year. @7AFL @7NewsMelbourne
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Peter Tulip
Peter Tulip@peter_tulip·
.@TheAusInstitute and The Greens say "The only way to fix the housing crisis is to address real issues like negative gearing and the capital gains tax discount". No! The research repeatedly finds these concessions have tiny effects. Lets have an evidence-based discussion.
Peter Tulip tweet media
Australia Institute@TheAusInstitute

Great to see Senator Shoebridge quoting our research in Parliament! The only way to fix the housing crisis is to address real issues like negative gearing and the capital gains tax discount, instead of blaming immigration. #auspol @DavidShoebridge

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Max James
Max James@MaxJames81396·
@TMFScottP Surely tax reform and controlled immigration need to be addressed. Clearly both have an impact, along with stamp duty, pensions rules, local council land banking. Lots and lots drive it. Every political party on ever focus on 1 which won't do much
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Scott Phillips
Scott Phillips@TMFScottP·
Errant nonsense. Are they really suggesting that if population growth was slower (via reduced net overseas migration) housing costs would be unchanged? If they are, they've discovered a new system of maths. The rest of us know that supply and demand matters.
Australia Institute@TheAusInstitute

Great to see Senator Shoebridge quoting our research in Parliament! The only way to fix the housing crisis is to address real issues like negative gearing and the capital gains tax discount, instead of blaming immigration. #auspol @DavidShoebridge

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Joe Mehling
Joe Mehling@JMehling·
@MaxJames81396 @flushingitgolf @WestwoodLee Nothing better than a guy who was leading the day, ending on hole 7 while he gives away a two-shot lead on his last 4 holes but he's ok because his teammates, who also didn't win the tournament, managed to win some sort of other event. Gets my blood pumping! trash.
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Joe Mehling
Joe Mehling@JMehling·
@flushingitgolf @WestwoodLee The LIV product is BAD. It's the end of the story. Its just bad. There no one out to get anyone. It's just bad. and when @WestwoodLee and the rest of the goons figure it out and fix it. A lot of their problems will be solved.
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