Doug Wright

@ArrowInvestor Like we’re seeing in the rest of the west the Australian govt is going into scavenge mode. Hopefully we can all get together and rid the country of these parasites. Only solution for the future generations if going govt spending <20%, ideally 15%.

How dumb is this tool. Chalmers asked why are they changing the tax on shares not just property? He says because shares have been under compensated for the past 2 decades. So he will now compensate them by increasing tax on them?

Switzerland built the world's most prosperous society by doing exactly what every government expert told them not to do: staying neutral, keeping taxes low, and letting markets work. While the EU suffocates its members with 170,000 pages of regulations, Switzerland maintains bilateral trade agreements that preserve sovereignty. Swiss GDP per capita hits $94,000 versus Germany's $51,000 and France's $45,000. The Swiss franc remains one of the world's strongest currencies because the Swiss National Bank can't print money to fund Brussels bureaucrats. Meanwhile, EU nations surrender monetary policy to unelected technocrats who inflate away savings to finance welfare states. The regulatory contrast is staggering. Switzerland ranks 4th globally in economic freedom while EU heavyweights like Germany (16th) and France (64th) plummet under Brussels' command-and-control apparatus. Swiss unemployment sits at 2.1% compared to the eurozone's 6.4%. Swiss labor markets remain flexible while EU employment laws make hiring workers feel like adopting teenagers forever. Brussels promises prosperity through harmonization, but delivers stagnation through standardization. Every EU directive removes another price signal from the market, replacing voluntary exchange with political allocation. Swiss neutrality isn't just about avoiding wars (though that 200-year peace dividend helps). Economic neutrality means staying out of supranational central planning schemes that turn dynamic economies into managed decline. The EU's answer to Switzerland's success? Punitive measures and threats to cut off market access unless the Swiss submit to Brussels rule. Nothing exposes the coercive nature of the European project quite like watching bureaucrats demand that free people abandon the policies that made them rich.

@GeoffWilsonWAM I’m with you Geoff.

We must all stand up and fight back against the Government’s vicious tax grab and their string of broken promises. All Australian starting their own businesses and all investors deserve better than this economic sabotage. We must call it out. Join the army of millions against this insanity.

@ClareONeilMP Dramatically reduce immigration. This will greatly assist in fixing the issue. It ain’t rocket science. But it may upset the WEF, UN and Davos/Epstein crowd.

Housing in Australia is busted. It's not working for Australians. We've delivered a housing budget that's going to make a difference.

Excellent question. Courtesy: @goddek

@NallahMyDog @pazzazaz @andrewbogut Multiculturalism is a curse. A grift sold by WEF, UN, Rockefeller, et al.

One Nation’s 30-year history is built on exploiting racial anxiety. From the 1996 "swamped by Asians" speech to targeting Muslims and opposing Indigenous rights, the party consistently scapegoats minorities for economic problems while rejecting multiculturalism. It is a proven pattern of division.

Is there any other industry where you can blatantly lie to get your job, not fulfil what you promised when you are in the job, then spin it in a way to say you are actually HELPING the people that voted you in for that job (that you lied to to get in) other than Politics? I mean............

@NallahMyDog @pazzazaz @andrewbogut Can you outline the racism.

@dougwright68 @pazzazaz @andrewbogut But a party built on racism?

@NallahMyDog @pazzazaz @andrewbogut The others have had their chance and look where we are. Time to shake things up.

@pazzazaz @andrewbogut And how is ON going to ‘save’ Australia? Too many ‘Nazi’ type supporters in my opinion. ON will go all the way with Ms Gina and MAGA.

@BilsonhBilson What a loser

A Big Slap in the mugs of the LNP & their disgusting media today as a Jim Chalmers delivers another brilliant budget well accept by all intelligent Australians!

@JEChalmers What a hide you have to show your face in public.

Angus Taylor can’t tell us how much his new tax policy costs or how he’ll pay for it. The speech didn’t survive an hour. An absolute train wreck. #auspol #ausecon

@scottjduffy @bitSourced @senatorbabet Sounds like you haven’t invested in anything before.

@bitSourced @senatorbabet LOL, that's not real risk. If it goes down 5%, you can sell easily, same day. With a business, if it's not doing well, you might not be able to sell it. And you can lose 100% in a year.

Capital gains tax shouldn’t exist. I risk my money. I build the business. I make the investment. I do the work. I take the risk. So why the hell should the government take a cut of my success? They risk nothing. They create nothing. They just take. Parasites. F’en parasites.

Digital ID + CBDC infrastructure = the ability to turn your money on and off based on behavior. What you’re seeing in the UK is the political layer being used to install the financial control grid. No one voted for it because if they explained what it actually does, it wouldn’t pass. The playbook is simple: 1. Introduce Digital ID as ‘security’ or ‘efficiency’ 2. Link it to payments and benefits 3. Use AI and data to enforce compliance If you want to stop it, the fight isn’t just political. It’s financial. Keep your assets outside the system, use cash, and build local economies that don’t require permission to transact. Otherwise, you’re not a citizen anymore. You’re an account.

@Silver__Santa 10% fall overnight. Will it fall further. What spooked the price?

I added to $EDM.V EDM RESOURCES

NOW - King Charles: "My ministers will also proceed with the introduction of Digital ID."

@mormorlady @AlboMP @JEChalmers And the defence of applying the tax to other assets is…?

As an 81 year old I’m so relieved that Labor is helping my grandchildren aspire to owning their own home. Call it a broken promise if you want. I call it Bloody Good Policy Thank you @AlboMP @JEChalmers

@TheKouk @onlylarp Are you a paid Labor shill?

@onlylarp And the debt trajectory is $200 billion lower

A friendly reminder: If your goal is to repair the budget shit show that was left to you, some tax increases and spending cuts are needed. There is no other way. Taking away the red cordial from those delirious in their self praise has seen a lot of tantrums in the hours after the budget announcement. Tough love, tough love.

@TheKouk What is the budget to GDP ratio, Stephen? Is it below 20% which is where it should be?

@AlboMP We have amateurs in charge. A bunch of halfwits. Only competency is spending other people’s money. Wouldn’t last 5 seconds in the private sector. Bring on the election. Put us out of our misery.

We're backing aspiration. And bringing the dream of home ownership back into reach.

@AlboMP 😂 🤡

We’re making sure hard work pays off and everyone has the opportunity to get ahead. Giving young Australians a fair go at buying their first home. And putting more money in your pocket with tax cuts. Our Budget delivers for you.

@TheKouk The budget and this commentary brought to you by people who have no clue about fiscal discipline. It should be mandatory for politicians to have held private sector jobs for 25 years before being allowed to run for parliament.

The RBA rate hike last week looks a misstep. It made its decision with no knowledge of the budget. Which, as Rachel Green said, is a big deal