Shades Of Grey

@ghostofnobodys @CampbellNewman @AlboMP @JEChalmers Yes, exactly. It's a huge shift in Govt. policy. From Costello's investing for everyone to a paternalistic Govt. knows best wage slavery. Aspirational and self-reliance are now taxed highest globally at 47%. Raw Socialism.

@CampbellNewman @AlboMP @JEChalmers x.com/i/status/20562…

The extent of the tax grab from @AlboMP and @JEChalmers is now clear. It's an unprecedented increase in tax and has involved an extraordinary level of deception. They have no mandate from Australians to do this. If they want to implement their business and aspiration destroying agenda they should be taking it to the people first. It's time for a Federal election!

@CampbellNewman @AlboMP @JEChalmers Labor's Steven Bradbury moment has backfired spectacularly. Devoid of opposition after Dutton's nuclear nonsense, they dropped all pretense of democracy and reverted to a naked redistribution of wealth under the guise of 'Justice for the Young'. #TAXGRAB

@colonelhogans @JoshButler 'Only' over 1 million people eh? Well, that's alright then.

A journalist with honesty and credibility. “Only 5% of Australians will be affected”. @JoshButler

@GeoffWilsonWAM @AlboMP @JEChalmers "The Hills are Alive with BS!" 🤣🤣 Labor, without the constraint of opposition, have been revealed as delusional Marxists. Their true colours are shown as anti-Australian, 1950's stereotypical rich v poor nutjobs. Backlash from young people is epic.

A tax on aspiration. A tax on productivity. @AlboMP and @JEChalmers will punish saving, investing & building wealth, hitting shares, businesses, farms and start-ups. Young Aussies get hammered hardest. Capital & talent will flee. Australia must reward having a “fair go”, hard work & risk-taking. Don’t not punish success

Our embattled Treasurer @JEChalmers is now calling his own Budget a lie. He’s released modelling today that assumes a 3 per cent inflation rate. Yet his Budget papers say it will be 2.5 per cent. This is a live action train wreck.

@TimWilsonMP @JEChalmers Govt. modelling is absurd tax gymnastics, Treasury can come up with any result Chalmers wants, simply create a scenario without any concern for reality. Chalmers saying share investors are WORSE off under 50% CGT is the ultimate LIE. Implying new CPI is doing us a favour. Fiasco!

Anthony Albanese has become a laughing stock online. Business owners have posted A-I generated images of the PM. It comes after major changes to the capital gains tax discount. Listen to the details HERE. 2gb.com/laughing-stock…

@sparkes_dwayne Maybe but LAC around 2 yrs from needing bulk molten sulphur shipments. It's certainly, an upward pressure but projecting Iran war consequences that far out is premature.

With sulfur prices this high, the costs of processing lithium clays, oxide ores (copper, nickel, REEs) is going to BLOW OUT. The smelting of sulphide ores produces sulphuric acid as a byproduct. The processing of oxide ores consumes sulphuric acid. #LAC's Lithium America's Thacker Pass for example is going to do 40,000 tonnes per year of carbonate in phase 1. They've stated a 2250t/day sulphuric acid plant, which is 821,250 tonnes of acid per year. So each tonne of carbonate could require 20.5 tonne of sulphuric acid per tonne of Li₂CO₃. That's about 6.8 tonnes of sulphur. Using the Chinese futures price of US$1050t, that's US$7140t worth of sulphur per tonne of Li₂CO₃. #LAC will most likely source their sulphur internally. American fertiliser companies during Q1 paid US$488/t for molten sulfur, which is $3318 per tonne of Li₂CO₃. I'd imagine its higher now looking at the Chinese price. Spodumene uses 50-60% less acid. Food for thought. I love spod.

Feeling the heat over this insane Budget @AlboMP @JEChalmers have panicked & now decided to consult with stakeholders. Anyone with half a brain would have done this before dreaming up such radical changes. So arrogant, Chalmers wouldn’t dream of consultation. This amateur Treasurer , who has never been an employer paying someone, or risked his home or savings to start a business, thinks he knows best. Morons

It's not a scare campaign @JEChalmers. And it's not about the existing testamentary trusts that are operating after people have died. It's about the huge numbers of Australians who have these arrangements written into their Wills by their solicitors. Not because they set out to "avoid tax" but because they wanted to provide for their families when they died! Could you for once cease your obfuscation and deflections and tell the truth? abc.net.au/news/2026-05-1…

CGT on business succession is a declaration of war on Australian entrepreneurship and giving Australians a fair go! Built from scratch? Hired locals? Trained the next gen? Too bad @ausgov wants their pound of flesh when you pass it on. This is taxing the risk-takers who create the jobs and growth. Not the rich they are grandfathered! Scrap these changes before Australia dies.

@GeoffWilsonWAM @JEChalmers Next: Tax on the family home. Brought in under the Trojan Horse of 'fairness' via Stamp Duty removal. A transaction tax replaced by a compulsory annual impost. Grattan & Bruenig will be salivating in anticipation.

Another lie. In the budget @JEChalmers introduced a new tax that is not franked so they have changed franking credit system.

Definitely worth a listen 👇 Perfectly articulated. All young Australians are disadvantaged by the 2026 budget

We're very pleased to welcome Albo to the @_checkonchain team as our new 47% co-owner of the business we've built! We're so very happy to take on 100% of the risk, do 100% of the work, and pay 100% of the expenses... ...and then hand over 47% of the wealth generated.

@_Checkmatey_ @Bigred393939 Yes, malicious is the right word. Born of listening to the grievance politics of Spenda, Breunig & Grattan.

@Bigred393939 The fact they proposed it at all shows malicious intent. Watering it down heavily is the least they can do. Glad to hear it.

Australians, read this post, and then please write a polite email to your Federal MP Ask them to reject the budget, else you're condemning us, and future generations to an even worse go. Make Gen Y the last generation to be worse off than their parents. goodfellasinvesting.substack.com/p/australians-…

The young are NOT stupid John. @FinancialReview The vague statistical Govt. modelling is useless pitted against the reality of a few worked examples. You would have more respect from younger readers if you were as explicit as these investors are on Labor's betrayal.

$250K extra tax on shares!

@cfellas70 Excellent piece. CGT increases are a train wreck for young investors who rightly feel completely betrayed by Labor, in every way: MSM pushed proposed CGT increases as 'justice for the young', the budget delivered the exact opposite. Young get Min 30% CGT, no tax-free or 16%.

Australians Under 40's Just Got Roggered!!, by @cfellas70 open.substack.com/pub/goodfellas…

"What this budget actually is — stripped of the language and the spin — is one of the most significant tax grabs on investor wealth Australia has seen in a two generations, dressed in the language of fairness to make it politically palatable." goodfellasinvesting.substack.com/p/australians-…