Steve Kozma

What the Aussie federal government tells us they will spend (grey lines) vs what they actually spend (black line) and what they are now saying they will spend (black dotted line)...

@TheKouk Its not about the founders, its about investors. Why would any investor risk their capital in an Australian start-up if the government takes half of the upside while absorbing 0% of the downside?

The judge, the public prosecutor, and the police on this case should have their names and faces publicly displayed. Wonder how they’d feel if it was their child who was killed?

🚨 Keir Starmer just BANNED me from entering the UK over a rally.... I wasn't even attending His desperate crackdown just got personal. But this is going to backfire spectacularly. Now the world is watching, and even more British patriots will head to London to rally with Tommy Robinson this weekend. And despite Starmer’s best efforts… Rebel News still got a journalist in. 👀 Follow the coverage at TommyReports.com

Socialist tax grab that will further reduce incentives to get ahead. It comes with no real vision to improve Australia or hard working Australians. Labor wants more people either working for big business or the Government. It’s the communist platform of a man who comes from that party. The Labor party has lied to the electorate and they should be decimated at the next election for it. We need both Houses of Parliament back in the hands of people who know how to guide the economy in the right direction. Albo & Labor Lies. That’s the only statement that has to be repeated till the next election.

What are your thoughts on last night's budget? Comment your feedback below, I am keen to hear.

Tim, nobody convinced me of anything. I actually understand economics, politics, and what is good for a nation and its people. Taking away incentive, wasting taxpayer money on a myriad of socialist policies and continuously lying to the population are not positive for you or anyone else.

@Steve88922Steve @SeekerandGrok @PaulineHansonOz The amazing thing Steve is how little effort it took for the billionaires to convince idiots like you that they are on your side....you should feel humiliated.....

In Canberra for the Budget being handed down tonight. Getting ready for more broken Labor promises.

@SeekerandGrok @PaulineHansonOz Blah blah blah. Seriously. PH cares more for the avg Aussie than any left wing lying socialist ever will.

@PaulineHansonOz The game you are playing with heavy hitters in the background is obvious Pauline! Following the Trump blueprint 😡 None of you care about the average Australian. Divide and conquer is your only strategy, so the rich get richer 💰and rip the community off.

@cjoye Agree with all of that. The problem for people is that whilst their PR may increase in value, their relative wealth doesn’t increase unless they move overseas later.

The single biggest winner from the budget: the tax-free owner-occupied home, which is where people will put their money. After the budget doubles the capital gains tax on productive businesses/assets from circa 23.5% to 46-47%, investors will understandably pull money from businesses, shares, commercial property and rental housing and plough it into their tax-free owner-occupied home. It's a great way to push up the prices of these houses. On the other hand, cutting negative gearing while also doubling CGT makes investing in rental properties extremely unattractive. It hammers the capital gain upside on any asset: shares, commercial property, the small or medium sized business you built, venture capital and private equity. It will give Australia the most unattractive capital gains tax in the WORLD (see table below)! So the government's policies will (1) push up owner-occupied house prices, (2) push up rents, and (3) reduce the capital available for investing in any small, medium or large sized business that is driving employment, innovation, growth and productivity/prosperity. Investors will go to other countries where they pay half the capital gains tax, or less. Since these pollies have never worked a day of their lives in the private sector, it is no surprise that when they decide to completely and unilaterally rewrite the entire tax system for all investors and businesses -- after promising before the last election more than 50 times NOT to change the capital gains tax and negative gearing rules -- that they would blow the entire Aussie economy up... Your best bet will be to buy a house, live in it, and hope they keep dropping 500,000 new people into the country every year to pump-up prices...

@longhorncapital The world is a large place with plenty of ways for traders to domicile themselves and their money in tax friendly places.

Doing my part to protest the government's CGT changes by completely destroying my trading account. Take that, Albo, you won't get me that easily! $CSL

@business It’s not a “far-right party”. They just aren’t socialists.

A far-right party won its first lower house election in Australia, with the victory underscoring the collapse in support for the center-right coalition that’s governed for much of the post-war period bloomberg.com/news/articles/…

@DrewPavlou Cut the grift. Don’t share this leftard propaganda

ABC News: If a majority of voters freely elect a One Nation MP in open democratic elections, will that create a DANGEROUS permission structure for Australian voters to democratically elect right wing candidates? Australia’s national broadcaster

@chigrl @NikLentz Don’t you think the exponentially rising price of chips covers that?

The Nasdaq is rallying because AI capex doesn't care whether the Strait is open today, but the bill lands 12 to 18 months out when Qatari helium for chip plants, Gulf naphtha derivatives for capacitor films and PCB epoxies, and specialty industrial gases reprice through the cascade, and hyperscaler dollars per megawatt of capacity step up 15 to 25%.

What a rally..... 😅🔥

@NickSchmidt 😂

A bull market needs rotation so its good to see money rotating out of semis back into semis.

@CFlanders7 You’ve got Oranges

Yesterday was actually huge because I was 160% long going into the day and my portfolio was under a lot of pressure. I didn't feel very stressed and didn't react like I would have in the past. I accepted that I may get stopped out. If it happens, then so be it.

The government sector as a share of the total economy is the largest since World War II. It is a greedy python asphyxiating private activity. Why work hard when you can get a government-guaranteed income that is more than a real company will pay you? New Zealanders joke that some of their smartest students move to Australia to earn more than A$200,000 a year holding a stop sign on a worksite. By 2028, Aussie politicians at the federal and state levels will have spent and borrowed $1.0 trillion of extra taxpayer money since 2019. That is the real-world value of their borrowings. The media lets politicians off the hook by relentlessly citing “net debt” figures. Nobody in the real world cares about net debt. They care about actual, or real-world, borrowings: how much you owe. If you have a 45 per cent mortgage against the value of your home, do you tell everyone that you have “negative net debt” because your home is worth more than the mortgage? No. What you worry about is the debt that you have to pay interest on every day. And as rates rise, that interest bill is rocketing through the roof. Do you believe that the NBN is actually worth the $22 billion that the Treasury deducts from gross debt to get the net number? Could Starlink destroy much, if not all, of the NBN’s value? Possibly. The net numbers are so rubbery they are meaningless. The media likes to claim that Victoria’s government owes net debt of $150.9 billion. But in the real world, Victoria’s actual, or gross, government debt is $72.5 billion higher at $223.4 billion. Back in 2019, the Victorian state owed just $63 billion. By 2028, that liability will have ballooned to $270 billion. To put that more bluntly, state politicians will have racked up total debts worth $36,600 per Victorian. The problem is that the people owe much more because the federal politicians in Canberra are just as addicted to the game of spending other people’s money. Yet most folks seem not to think about their pork-barrelling that way. When you start considering how much we each owe care of political largesse, it hammers home the point that they are robbing Peter to pay Paul. On a national scale, Aussies will owe the world $1.8 trillion of public debt by 2028, up from $789 billion in 2019. That is not our personal private debt. It is the debt politicians have borrowed on our behalf. That means every man, woman and child will owe $63,300. It is an incredible sum. Even more remarkably, it was only $4,600 per person as recently as 2007, when all levels of Australian government owed the world just $96 billion. afr.com/markets/equity…

#BREAKING Ben Roberts Smith gets arrested at by dozens of Police at Sydney Airport. ISIS terrorist, Janai Safar, gets personally escorted off the plane and gets a welcome home party.

@Anthonywodillon What a disgusting traitor to her people.

Anthony Albanese is a pathological liar (in my opinion). Anyone who denies this is either maliciously ignorant, demonstrably stupid, a rusted on ALP cult member, or part of the socialist conspiracy to destroy Australia.

@LindaRaschke The US $ range often expands the Asia-London range on both sides, before trending. Do your stops reflect this?

Buy day and upside BO in SI (also GC) etc plays out overnight. Said this before and will say again, the start of the daily bar is in evenings with Asia opening. For holding periods of 2-4 days, there is a huge edge in initiating in Asia, even Europe session...

@NickSchmidt Looks great on a spreadsheet😂

If $MU goes up 10% everyday for the next 165 days I’ll be richer than Elon