Powell's Other Glasses (Ausnotes) 🌸

@Nobody_But_M3 Yep, just not sure why they need 1.5 hour outages everyday for 2 weeks rather than 7pm to 11am the next morning.

@ausnotes I had this. There were some outages for a few days then everything was great again. I'm in Blackburn area, and I believe you're along the coast so I'm guessing just different timing. Could be wrong.

Does anyone in metro Melbourne have experience using Starlink? Do you have high latency or drop-outs? I'm tempted to move across, as there are frequent outages on NBN. Frustrating.

@RennickGBR @D1678618D I've never seen a senator work so hard to belittle his supporters. The answer always comes back to custody. If you don't own your keys, you don't own your wallet.

@D1678618D I asked a question snowflake. Calm down.

I thought cryptocurrency was meant to keep you safe from governments? Any crypto supporters want to explain this? Would this seizure include bitcoin or less secure coins only? ••••••••••••• “The United States has seized nearly $500 million in Iranian cryptocurrency assets as part of a sweeping economic pressure campaign against Tehran, Treasury Secretary Scott Bessent said Wednesday.”

JUST IN: PayPal plans to cut 20% of its workforce over the next 2-3 years.

Labor’s CGT slaughter of the young coming in next week’s budget by @JEChalmers $10k at 15% pa for 50 years = $10.84 million life’s work. Their inflation-indexed raid? Government seizes $5.23M in tax or double the current tax. This isn’t reform. It’s theft from every aspirational Australian under 40 trying to get ahead. Chalmers is burning the ladder while the boomers are at the top. #BudgetTheft2026 @AlboMP

Calling it what it is. The @ausgov rumoured CGT changes are a declaration of war on small business and startups. Entrepreneurs building real companies, creating jobs, taking risks are now facing double plus the tax on success. Shares, businesses, farms will all get hammered. Australia doesn’t have a revenue problem. We have a productivity and aspiration problem. This pure tax grab kills the next generation of Australian Stop it.@JEChalmers @AlboMP #AussieTaxGrab

@FirstSquawk 🧐🧐

The Reserve Bank of Australia maintains its cash rate at 4.35%.

@samstrades Why not 50bps?

Good to see majority of the RBA board aren't politically compromised, 0.25% hike as expected #ausbiz #RBA

@VoteLewko @KurtSchlichter You get paid for spreading misinformation here except when Nikita finds you.

@KurtSchlichter I see you paid your thirty bucks too.

I’m a genocide scholar and Israel is not committing one.

Tony Burke gave a Palestinian family Australian citizenship because he and his wife liked how they played piano

@Booners05 @parnellpalme @BaillesJb He's talking about in decades to come. The average Gen Z will have millions by then.

@parnellpalme @BaillesJb How many young people have over $3m in super - fuck all.

So far, every version of the CGT change the government has floated would result in young people paying a higher portion of tax than older Australians had to and will have to. Yet Albanese keeps insisting it’s an “intergenerational fairness” reform. Is he just hoping to blag it past young people who aren’t paying attention? What am I missing?

@FairNPractical @AvidCommentator Sounds deflationary ;)

@AvidCommentator Table from that article:

'NBN prices are going up again' "Wholesale NBN prices will increase by as much as $4.04 per month." whistleout.com.au/Broadband/News…

@platbearking Perhaps but it can be better than money countries.

@ausnotes Unless you're on some NDIS scam being on welfare would be awful right now too. All of it would be going on rent.

BREAKING: Barnaby Joyce says One Nation willing to enter coalition agreement in exchange for scrapping department of climate change. This should allow people to be better represented based on how many seats ONP score.

@BinManIan @LiberalVictoria How is it not true? Massive projects have run delayed and overbudget.

@LiberalVictoria Even if it's true (it's probably not), it's still not as high as Queensland. Funny how no one in the media ever seems to talk about it

You’re paying the price for Labor.

@Toddytheboy @samstrades Probably 2-3 hikes but it will still hurt.

@samstrades Do you think there will be 8 hikes? You've been bear posting for 5 years, im guessing you dont own property?

Impact of 1% and 2% rate hikes on the housing market when mortgage debt to GDP is 100%, I asked AI to use historical research by Federal Reserve and RBA AI says 2% worth of hikes would lead to 'demolition of demand' Interesting to say the least (may Lord have mercy (or not) if this is true and accurate) #ausbiz #RBA

@platbearking How though, a lot of people are on welfare

@ausnotes Terrible decision. Uniparty needs to go.

@TInvestor2 @DavidBassanese He's not disagreeing. He's saying it's bad for everyone essentially.

@DavidBassanese Hardly, it will do little or nothing to fix the housing, nothing to fix the immigration crisis, it just provides the government with the opportunity to waste taxpayer money!

Judging by reports, the Fed govt tax changes will help redress generational inequality - the post tax investment outlook for both boomers and youth will both be made equally bad !

UK food prices are on track to be 50% higher by November compared to levels at the start of the cost-of-living crisis in mid-2021, according to research itv.com/news/2026-05-0…