Two years later and we have made zero progress on dealing with old trucks.

Michael Pascoe Qantas So you got changed to a flight leaving 15 minutes earlier and you’re complaining?

Michael Pascoe Qantas Are you ok ?

Only in #Australia you will have individuals with $8M in their Superannuation account write emails to media column asking for financial advise instead of going to professional financial advisor for a chop-change fees. #winning #ausbiz #auspol Cameron Murray

The tax would only apply to the portion of these earnings that relate to the balance over $3 million. So if your notional earnings were $400k a closing balance of $3.4 m the portion of the earnings relating to the balance above $400k is 11.76% or $47,040 super tax would be $7056

Actual headline in serius newspaper.

Richard Yabsley Noel Whittaker nails it - all that money and they would pay only a few thousand more tax.

Richard Yabsley Franking credits will cover that

The Deputy Liberal Leader Tim O’Brien has said that the tax on Super will “swallow young people’s hopes”. Tim, this is a tax on Super balances of $3 million. The median Super balance is $62,000 for men and $55,000 for women.

It’s still crazy to think that from next month the Feds are going to help FHB enter the market at prices up to $1.5m in Sydney, $1m in Brisbane, $900k in Melbourne because they would rather support huge amounts of debt and high housing prices rather than have lower prices. 1/2

Lower prices may be politically unpopular but how about trying to to educate households why high levels of mortgage debt for new entrants and high housing prices are also not great. 2/2

Cameron Kusher It's another level of recklessness for the future namely for young people. Hard to understand what the plan is other than prices to infinity. It would seem there is little long term thinking and the short-term political and economic cycle needs are all important.

Cameron Kusher axel allenbaster They could have gently raised the APRA buffer for new investors to cap house price growth to 0% pa. Not a fix, but at least doesn’t make it worse.

In Q2 1995, Australia completed 40.9k new homes and annual net migration was 80.2k. In Q2 2025, we completed 40.5k new homes and annual net migration is 316k. Fewer new homes, almost 4x the level of migration. This is not in the interests of the Australian people.

Nick Quinn I've still got Usain Bolt on top.

Nick Quinn If KYR went to Royal Ascot and won the King Stand Stakes, then came back out to Aus and won the Moir/Manikato/Everest and Champions Sprint, then I'd say there's a lofty case to be made. Right now there simply isn't. Black Caviar is the undisputed GOAT.

Hey Anthony Albanese, if you’ve ever wondered whether you and your handpicked team of economic illiterates could organise a piss up in a brewery, here’s your answer.