Furious Friday

B!tching about the budget: What does it mean to your back pocket, Santa Claus, wage growth and the cocaine economy

Welcome to …Furious Friday!

Today’s episode is a special edition covering off on B!tching about the budget

Why are people complaining? Well, I actually don’t know….

The media kept harping on about ScoMo being Santa – The jolly guy who gives free things away in concept – but it isn’t free, someone is paying for it (the parents). And isn’t Santa a fictional fantasy we tell kids to behave? Sounds a lot like the Government…except you are the children in their eyes!

Instead, this budget is letting people keep more of their own money, rather than taking it to give away.

In this episode we will cover off on a few important topics:

  1. Lower taxes for all…who pay tax anyway
  2. Why people having more of their own money is better than the government having it
  3. We will join out friends in the bar again and look at their savings when drinks get cheaper.
  4. What the cuts will be from next financial year:

 

Income

Tax % of income Reduction ($)

Reduction (%)

$30,000

$2,197 7% $200

9%

$50,000 $8,017 16% $530

7%

$90,000 $22,067 25% $665

3%

 

  1. Why are tax cuts important? And who benefits?
  2. What some are saying? And why do people oppose it?
  3. The flow on effects, comparing the ‘Cashed up coke economy’ of Florida in the 80’s.

Then to finish it off, the big announcement that from now on, Friday’s will have their own special episodes of: Furious Fridays!

Psst…Today we talked about The Laffer Curve…if you’re keen to know more, Investopedia knows what’s up

Death and taxes, or taxed to death?

Welcome to Finance and Fury A plan for structural reforms to help increase Australians’ ability for upward mobility. The coalition will likely have enough seats to squeeze through a lot of reforms. Today: Income axes going up aren’t much of a concern What about the...

Say What Wednesday: Australia’s National Debt Crisis – a ticking time bomb

Welcome to Finance & Fury, the ‘Say What Wednesday’ edition. Today’s question comes from Brad, “Any chance you could do a podcast on Australian foreign debt? Is it possible to pay it off? Will paying it off have a negative effect on our economy? Are most or all...

How do I invest in property in 2019?

Hi Guys, and Welcome to Finance and Fury. Today I have Jayden with me for part 2 in the Mini-Series on the best investments for 2019 Last Monday we went through Shares, and whether it is a good idea to invest in 2019. Today we will look at investing in property in...

From trading cows to ones and zeros, Pablo Escobar’s money eating rats, and how our money is all debt based currency

Hi everyone and welcome to Finance and Fury! Today we’re going to look at our current monetary system; what is considered money, and also the future of our monetary system. Today’s episode will be a fairly quick episode, and will be an introduction to a series of...

Furious Fridays: Elon Musk, Tesla and how CEOs affect share price

Furious Fridays Elon Musk, Tesla and how CEOs affect share price Today we’re talking about the markets, how CEOs affect share price and how public perceptions can make or break. We look at Elon Musk. Musk is a business magnate, investor and engineer. He is the...

Furious Friday: Is cheaper better, or do you get what you pay for?

Furious Friday Is cheaper better, or do you get what you pay for? Welcome to Finance & Fury’s ‘Furious Friday’! Today’s misconception – Is cheaper better, or do you get what you pay for? Met with a client this week for an initial appointment – He had been reading...

Wisr – Is it a good investment opportunity or is it on its last legs?

Welcome to Finance and Fury, The Saw What Wednesday Edition – Question from Jack This is going to be a bit of a Q&A style episode – he did a lot of research and sent it through – making my job easy on this one – so thank you for that Jacks Question - I wonder what...

With increased government stimulus packages and supply shocks, will we experience inflation in the economy?

Welcome to Finance and Fury. With everything going on in the world, the notion that inflation could return with a vengeance may materialise. This will be a two part episode. Today, we’ll look at the potential paths for inflation and quickly assets to hold and those...

Say What Wednesdays: What advice would you give your 21-year-old self?

Say What Wednesdays What advice would you give your 21-year-old self? Today’s question is from Declan, “What advice would you give your 21-year-old self?” To my 21-year-old self I would have the following advice: Life is a series of challenges, the more you solve the...

Say What Wednesday: Getting tied up with Investment Bonds

Say What Wednesdays Getting tied up with Investment Bonds Welcome to Finance and Fury’s ‘Say What Wednesday’ where we answer your questions on personal finance. Today’s question today comes from William who asked us to do an episode on Investment Bonds. Investment...

Pin It on Pinterest

Share This