Scott Phillips
@tmfscottp.bsky.social
Investor. Business person. CIO, The Motley Fool, Australia. Director, City Recital Hall
I suspect, like the Internet, it'll be an enabler.
August 10, 2025 at 11:28 PM
I suspect, like the Internet, it'll be an enabler.
Great metaphor. I used something very similar in an article I just published!
Great minds think alike :)
Great minds think alike :)
August 10, 2025 at 11:27 PM
Great metaphor. I used something very similar in an article I just published!
Great minds think alike :)
Great minds think alike :)
It'll absolutely cost jobs. That'll suck for those impacted (and it might come for my job, in time, too).
But so did the Spinning Jenny and the stump-jump plough and the automated production line.
We need to look after displaced workers, not stick our heads in the sand.
But so did the Spinning Jenny and the stump-jump plough and the automated production line.
We need to look after displaced workers, not stick our heads in the sand.
August 10, 2025 at 9:25 PM
It'll absolutely cost jobs. That'll suck for those impacted (and it might come for my job, in time, too).
But so did the Spinning Jenny and the stump-jump plough and the automated production line.
We need to look after displaced workers, not stick our heads in the sand.
But so did the Spinning Jenny and the stump-jump plough and the automated production line.
We need to look after displaced workers, not stick our heads in the sand.
(and we're only 3 months into a three year term!)
August 7, 2025 at 6:48 AM
(and we're only 3 months into a three year term!)
www.theaustralian.com.au
August 5, 2025 at 8:36 PM
It's a sign of the times that 10% feels like 'good news', of course.
Just as the 'deal' with the EU, which copped 15% tariffs wasn't really a 'deal' - just the pronouncement of a decision by a bully.
Just as the 'deal' with the EU, which copped 15% tariffs wasn't really a 'deal' - just the pronouncement of a decision by a bully.
July 31, 2025 at 11:46 PM
It's a sign of the times that 10% feels like 'good news', of course.
Just as the 'deal' with the EU, which copped 15% tariffs wasn't really a 'deal' - just the pronouncement of a decision by a bully.
Just as the 'deal' with the EU, which copped 15% tariffs wasn't really a 'deal' - just the pronouncement of a decision by a bully.
Source: www.afr.com/politics/fed...
Donald Trump holds Australia’s tariff rate at 10 per cent
Australia has escaped the brunt of Trump’s new tariff rates for now, with the White House moving to hold Australia’s tariff rate at 10 per cent. Follow live.
www.afr.com
July 31, 2025 at 11:44 PM
Source: www.afr.com/politics/fed...
Overall, though, as I said, a great discussion to commence and some really thoughtful work by the boffins.
Bravo.
Image source: www.afr.com//policy/tax-...
Bravo.
Image source: www.afr.com//policy/tax-...
Bold PC reform would raise tax for top 500 companies
But the corporate tax rate would be slashed to 20 per cent for small and medium companies under a new Productivity Commission recommendation.
www.afr.com
July 31, 2025 at 10:12 PM
Overall, though, as I said, a great discussion to commence and some really thoughtful work by the boffins.
Bravo.
Image source: www.afr.com//policy/tax-...
Bravo.
Image source: www.afr.com//policy/tax-...
Bad:
- increasing the total tax take on mega businesses; particularly on the rationale of:
- "big number bad": two $600m businesses pay no extra tax but one $1.2b business does... For no objectively defensible (IMO) reason.
- increasing the total tax take on mega businesses; particularly on the rationale of:
- "big number bad": two $600m businesses pay no extra tax but one $1.2b business does... For no objectively defensible (IMO) reason.
July 31, 2025 at 10:12 PM
Bad:
- increasing the total tax take on mega businesses; particularly on the rationale of:
- "big number bad": two $600m businesses pay no extra tax but one $1.2b business does... For no objectively defensible (IMO) reason.
- increasing the total tax take on mega businesses; particularly on the rationale of:
- "big number bad": two $600m businesses pay no extra tax but one $1.2b business does... For no objectively defensible (IMO) reason.
Good:
- The cash flow tax allowing immediate deduction of qualifying spending, which should hopefully boost investment in productivity.
- The *concept* of lowering taxes on small, medium and big (note: not mega) business
- The cash flow tax allowing immediate deduction of qualifying spending, which should hopefully boost investment in productivity.
- The *concept* of lowering taxes on small, medium and big (note: not mega) business
July 31, 2025 at 10:11 PM
Good:
- The cash flow tax allowing immediate deduction of qualifying spending, which should hopefully boost investment in productivity.
- The *concept* of lowering taxes on small, medium and big (note: not mega) business
- The cash flow tax allowing immediate deduction of qualifying spending, which should hopefully boost investment in productivity.
- The *concept* of lowering taxes on small, medium and big (note: not mega) business
Source: www.afr.com/companies/mi...
Mt Isa fights for its life, and a billion-dollar smelter bailout
The regional centre’s population has slumped by almost 20 per cent over the past two decades. Without taxpayer help, that will be just the start, locals fear.
www.afr.com
July 30, 2025 at 3:35 AM
Source: www.afr.com/companies/mi...
In fact, the last two quarters, at 0.9% and 0.7%, would suggest an annualised 3.2%. In other words, the first two quarters of the annual inflation rate are likely the exceptions, and the last two might be the rule.
It's likely, IMO, inflation is higher at the end of the year.
It's likely, IMO, inflation is higher at the end of the year.
July 30, 2025 at 2:34 AM
In fact, the last two quarters, at 0.9% and 0.7%, would suggest an annualised 3.2%. In other words, the first two quarters of the annual inflation rate are likely the exceptions, and the last two might be the rule.
It's likely, IMO, inflation is higher at the end of the year.
It's likely, IMO, inflation is higher at the end of the year.