Nelpris33

@RealPeterLinder I don't mind your style of commenting :)

For the many who criticized/insulted me yesterday for my call of not to buy oil stocks yesterday, tell me how well your oil stocks ended up today. This sector is one to trade when appropriate, not buy/hold!

@PaulineHansonOz The only reason we got action on wealth inequality last night is because Labor are scared of One Nation. But they are all controlled by wealthy donors.

As One Nation surges, you know the media hit jobs and storms in teacups will only continue. We'll keep on representing Australians and fighting for the things that matter while journalists try to make mountains out of molehills. We're busy holding the government to account on their budget betrayal, welcoming our newest member of parliament to Canberra, and keeping up the fight against mass migration.

@DrewPavlou Don't believe this - CBA has a lot of foreign ownership.

The capital gains tax losses on just Commonwealth Bank stocks over the past 24 hours probably cancel out all expected annual new gains under Jim Chalmers CGT changes Nice work Jim

@AlboMP One Nation has them scared, they had years to do this - and did nothing. The moment One Nation disappears, they wind it all back on behalf of their rich donors.

We won't let young Australians get left behind.

@durackpl @bowtiedstocks the budget is already in deficit... do the math.

@ash948311 @bowtiedstocks It’s a fair point, but there’s a better way to balance the taxation of capital and income: lower taxes on labour income to match the tax rate on capital.

The negative gearing change is a minor issue in reality - it is a timing difference rather than a permanent difference and just for existing resi propadee The real worry is the massive increase in CGT in assets totally unrelated to residential housing

@matt_barrie Stop blaming government policy for the overvaluation of Australian banks.q

CBA market cap down more in 1 day than the entirely this government reckons they'll claw back from the CGT, trust and negative gearing changes in a year economically ruinous budget do they not realise the CGT tax revenue is proportional to actual gains

@matt_barrie @oliverjanik Not in overpriced Aussie banks lol.

@oliverjanik what do you think everyone's super fund is in and where you get your mortgages

@PaulineHansonOz Labor are scared of One Nation, they have finally acted. I'll continue to vote for ONP as a protest to force the majors to act, but I hope ONP never forms government.

Tonight’s budget rewrites the whole TAX SYSTEM!

@DanCardenMP Correct, but Labour cannot be saved, or changed now. You know that. Labour must be destroyed so a new working class party can take its place.

Britain’s working and lower middle class communities aren’t just voting Reform. They’re rejecting politics as usual. The lanyard class. A Labour Party they see as run by and for progressive elites - not working men and women. We have to be honest enough to hear it.

@JEChalmers @sunriseon7 @TheTodayShow @abcnews If you grandfather existing investments all that does is give the elderly another benefit the young don't have. Which is of course what you'll do. Morons.

It’s getting harder for young people to get a toehold in the housing market and that’s driving some of our deliberations as we finalise our Budget. @sunriseon7 @TheTodayShow @abcnews

@KellyAlspals @cjoye Sorry to hear that mate

@cjoye Pioneer in a vast isolated somewhat beautiful and productive wilderness of "outback" Australia. Sorry for your loss Chris.

Super sad that my amazing uncle David Bradley, who was a flying vet while also running big stations in the Kimberley, died last week. They made a fascinating documentary on his life as a vet traversing the top end back in 1983 here - David was way ahead of his time rfttejobs.com/blog/the-flyin…

@DavidCrisafulli @JarrodBleijieMP Bloody Canberra!

G’day from Brisbane’s Lytton refinery where we’ve just made a major announcement to strengthen our nation’s fuel security. We’re streamlining approvals and providing new funding so this facility can start producing Australia’s first renewable diesel. By upgrading this refinery we can turn things like animal fats and plant oils into fuel for Australians. We are pulling every lever and finding every opportunity to ensure we’re back in the driver’s seat. Never again should we as a State or a nation be in a position where we are at the mercy of foreign nations, foreign conflicts and being at the end of the fuel supply chain. Across the short, medium and long-term we’re getting projects moving to produce oil, refine it and store fuel locally. @JarrodBleijieMP

@elerianm "transitory" - that old chestnut 😉

How sanguine should we be about the US economic outlook? I suspect the answer to this question comes down to your view on: How transitory will the inflation hit from the Middle East War be? To what extent can the adverse effects on growth—driven by reduced affordability and a disrupted global economy—be offset by other growth impulses (e.g., those related to AI)? Are policy offsets available, if needed? In analyzing all three, it is important to consider tipping points, behavioral factors, and the fragility of circuit breakers in a world in which governments have less control over outcomes (especially abroad). Whatever your (realistically, multi-modal) distribution of economic outcomes was pre-War, it has shifted towards greater downside risk with a less favorable mean. #economy #markets #middleeastwar

@isitsugar @storch1990 @thejbullmarket The surplus was nowhere near 5. Noone ever knows what it really is...there have been "missing barrels" during every surplus.

@storch1990 @thejbullmarket His numbers are nonsense. He talks about a prewar surplus which doesn’t exist. He talks about a 7mbpd pipeline where as reality is closer to 5, if that. He omits products which is what people use, how can you look at crude without products? It’s just cheap clickbait. And wrong

The myth of the Strait of Hormuz closure. 80% (16.25M bpd) of the 20M barrels per day supply of the Strait of Hormuz has already been replaced or been rerouted. 🇸🇦 7M: Saudi Reroute 📈 4.25M: Pre-War Surplus 🇨🇳 2M: China Safe-Passage 🇦🇪 1.5M: UAE ADCOP reroute 🇮🇷 1M: Iran Jask Bypass 🇮🇳 400k: India Safe-Passage Deficit? Only 3.8M bpd and even just 2 more tankers per day would reduce the deficit to 0. With 1.3B and 500 millions barrels in combined reserves for China & India respectively, they have a 3-4 month reserves before they run into a deficit. This is why stocks are back at nearly ATH again. Opening the Strait of Hormuz has now merely turned into an afterthought.

@X5632978411899 @thejbullmarket Unicorns will appear and demand will drop by 20% before the next 2 contract dates. Big ones...that piss and shit free oil😅

@thejbullmarket That's not what we are talking about, why are they paying 2.5 the price they were paying before the war if the supply is roughly the same according to your theory ? Price is the best measure of balance between supply and demand. If it's higher there is a reason.

@DavidCrisafulli Maybe it's economically viable at $200 or $250 bbl. Maybe. But there are easier targets for oil companies to go for at those levels.

We’re unlocking Australia’s fuel security right here in Queensland at the Taroom Trough.

@JuneGoh_Sparta A manned moon mission, even a single orbit, is orders of magnitude harder.

Mission to the moon is easier than mission to get through the Strait of Hormuz. Discuss.

@KobeissiLetter I guess earning those subscription fees just got a bit harder

Peace talks appear to have come to a screeching halt. JD Vance just announced that the US delegation is leaving Pakistan with no deal. And, Iranian media is reporting that Iran does not have plans for further talks with the US. So, what does this mean going forward? Currently, all indications point to a sharp move higher in oil prices and a drop in stocks. The Nasdaq 100 was up over +5% on expectations of a peace deal this weekend, and the outcome of talks was arguably the worst case scenario. That said, we still have a lot of time ahead of us before futures open at 6 PM ET on Sunday. As we saw countless times during the 2025 trade war and other geopolitical conflicts involving President Trump, he tends to release major statements on Sunday. The question now becomes which route President Trump chooses to take. Will Trump push harder for a deal and reassure markets or will he ramp up military operations in Iran? Regardless, we believe the market will continue to "discount" this conflict as the potential for talks to resume or advance at any given time is material. It's going to be an eventful 24 hours.

@ausstockchick It's more than that...

Current Treasury modelling suggests grocery prices will rise by 3-4% as a result of the war. Due to higher costs for diesel and fertiliser. We are yet to feel the brunt of this. #ausbiz