chris pothecary
2.9K posts
chris pothecary
@chris_pothecary
Family is what I’m about
Katılım Eylül 2021
515 Takip Edilen132 Takipçiler
@chris_pothecary None mate. We were on a downward spiral financially before the war. Vote for more of the same, vote for Labor. I hope you own your own home and have solar power and a home battery or you're in for big pain.
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Chalmers is blaming this latest rate rise on the war in Iran rather than take responsibility for his mismanagement of the economy. Him and Albo brag they are concentrating on the cost of living for us Aussies. I'd say it's more like meditation at this point in time.
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@AmandaGood25752 @Kangaroo_Court Sarcasm…………. It’s not the wars fault interest rates are going up
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@chris_pothecary @Kangaroo_Court Why did you ask the question if you knew the answer?
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Treasurer Jim Chalmers says, “The Australian economy is getting absolutely pummelled because of the Iran war and Australians are paying the price for that”.
But he fails to mention his government supports the war. #auspol
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@mattjcan In the last few weeks, the US Fed, the ECB, RBNZ, Banks of England and Canada have all passed on hiking even with the oil shock impacting inflation in much the same way as in Australia
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Interest rates have gone up again because the Labor government has not controlled government spending and they have no growth plan for the Australian economy.
Australia had the highest inflation in the developed world BEFORE the Iran conflict.
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@AmandaGood25752 @Kangaroo_Court In the last few weeks, the US Fed, the ECB, RBNZ, Banks of England and Canada have all passed on hiking even with the oil shock impacting inflation in much the same way as in Australia
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@chris_pothecary @Kangaroo_Court UK, Europe banks are raising interest rates because of the war. Why would you not just research it, so simple to do
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@TheKouk What other countries are raising rates because of “the war “ ?
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Bye bye full employment! The RBA hikes rates to stymie growth & to get inflation back to target.
The RBA reckons that the oil effect on inflation can be offset by pole axing the non-oil parts of the economy such that inflation eases to 2.5%.
With the oil price set in global markets, interest rates seem an odd tool to use to overcome inflation in Australia without too much damage to the business sector & the labour market.
youtube.com/watch?v=RLhpbp…
YouTube
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@ausstockchick How many other countries are raising rates because of “the war” ?
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Breaking!!
Interest rate HIKE in Australia.
0.25% increase!!
#breaking
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@FOXFOOTY Waterman kicks straight eagles probably win .
Richmond’s experience players wer better than the eagles experienced players on the day
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🗣 "That's a bit of an unfair question, Gaz..."
🤔 "It's fair to judge you pretty harshly … they had 27 players available!"
West Coast coach Andrew McQualter defends his side and his own coaching after their disappointing loss to an injury-ravaged & winless Richmond. #AFL360
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Sydney and Melbourne feeling the real estate squeeze, prices slipped in the March quarter as affordability and borrowing constraints bite.
But Perth. WOW.
+5.7% QoQ
+24.6% YoY
Absolute mania phase in the wild wild west… how long can it hold?
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The 18.6 year housing cycle is about to play out…
The mania phase is coming to an end very soon.
#realestate
Tarric Brooker aka Avid Commentator 🇦🇺@AvidCommentator
Sydney Morning Herald charts three scenarios for Australian housing prices. Source: smh.com.au/property/news/…
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@Potstirrer111 Who’s building the homes ? No bloody tradies
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If they limit the cgt discount and negative gearing to new builds only and get it through parliament in my view it will be the best government policy since Howard and the gst.
Encourage investors adding new supply
Tax investors that buy existing housing stock.
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@EVERALDATLARGE @ConversationEDU Assets increasing in value , has absolutely nothing to do with the increase in money by the government………..
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Absolute truth is #negativegearing is middle class #welfare handout that has done little to solve housing crisis. Must cease for all new projects.
Negative gearing tax breaks may be tightened in #Budget. What options are on table? theconversation.com/negative-geari… via @ConversationEDU
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@ausstockchick Smart money is moving prior to the budget ?
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ASX 200 down five sessions straight while Wall Street keeps hitting record highs.
The disconnect is hard to ignore.
Strait of Hormuz closure plus a sticky inflation print tomorrow….
Could US markets come crashing down next?
$ASX #ausbiz
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@lozza929406 The biggest problem we’ve had over the last few years is absolutely no depth in our squad, nobody in the wafl is pushing for a game , and it shows with laziness in the eagles team , they know there be playing next week .
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IF WEST COAST DONT SELECT THE BEST DEFENDER IN MSD WE ARE COOKED
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@ausstockchick Inflation? Or the dilution of our Aussie dollar?
Government have created 600billion since Covid .
Our money has been diluted, that’s why EVERYTHING costs more
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NEWS: Every worker can get a $1,000 instant tax deduction next financial year.
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@TheKouk Take 100k from 1 person and give 1000 to 100 , you piss of 1 person and gain 100 voters
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Imagine that over those 10 years, you and your family never drove on a road, saw a doctor, went to hospital, flew in a plane, had their children educated, took prescription medicine, had an aged parent looked after & receiving the pension, relied on the police or fire brigade, worried about Australia's defence, used a well regulated bank, relied on childcare ... to name a few items funded by tax?
Ben Robson@brobson_politic
Jim Chalmers is about to utterly fuck small business owners. Imagine for a moment: - you start a small business by building a website, some equipment, and buying a few supplies - it cost you ~$5,000. - over the next 10 years you work incredibly hard (you survived the GFC and COVID19) to grow your business. - you then have an opportunity to sell it for $3M. - you think you've now got a $3M nest-egg that will allow you to move onto the next stage of your life (possibly an early retirement). - But in comes Jim Chalmers, who changes the CGT rules, and now you're going to have to pay the top-marginal tax rate on $2,990,000 ... so you lose ~$1.4M and now only have half of what you thought. This is an appalling act of bastardry and will utterly destroy small business and entrepreneurship in Australia.
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@DAJKeffa @ausstockchick Not last Monday /tuesday I don’t think ? I think they broke up the day before Good Friday
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The masses haven’t clicked on yet.
Take a look at WA.
WA households spent nearly $9.3 billion in February.
The biggest jump in spending in dollar terms.
#ausbiz
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