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

How does the adaptability of humanity open the door to Global Economic control?

Welcome to Finance and Fury, The Furious Friday edition   Today we start discussing the SDGs in relation to The economy – few SDGs this relates to Go through each in detail in separate episodes – but this ep is an overview into how deep this goes. UN goals as...

(Intro Series) What is financial independence?

Intro - Episode 1 What is Financial Independence? Welcome to the first part of this intro series to “Finance and Fury”. This series is brought to you by THINKING, as thinking is where this all started! Thinking about the easiest solutions to reaching financial...

How fear can control the share market and how to invest without fear

Welcome to Finance and Fury. Today we’ll talk about what rules the market, fear, and why it is important to have some fears but also overcome them Fears rule the market – and the more fear makes the market more volatile  Occurs on both side – fears of losing money –...

Agenda 2030 – A global conspiracy theory, or something to actually worry about?

Welcome to Finance and Fury, The furious Friday edition Intro ep to a new FF series – probably going to be the biggest Today – episode to give the bird's eye view of the overall topic - massive topic - ranges from education, energy, transportation, medicine prices,...

What is happening to dividends from ASX listed shares and what this means for investors in the short to long term?

Welcome to Finance and Fury. One major issue for shares in Australia and around the world – with the lock downs and companies bottom lines being affected - Dividend cuts on the rise In this episode we will look at the ASX and the dividend cuts. We will also cover...

How can you tell that property prices will be high in a city?

Welcome to Finance and Fury,  Back from Holidays – spent some time in the USA - Got me thinking about differences in property and their pricing – seeing property prices vary differently state to state – city to city – want to do a Series on property and its prices –...

Where to invest in an uncertain economic environment?

Welcome to Finance and Fury Today’s episode is a thought experiment – Investing in the potential future for the economy, Gov expansion and increased money supply – inevitably with The replacement of the Dollar – who knows when - over the next few years, decade, or...

What creates a lack of resilience in financial markets and how a loss of resilience makes them prone for a collapse?

Welcome to Finance and Fury,  For the past few Monday episodes been talking about complexity theory and markets – check out Last two eps – went through phase transition, feedback loops and how markets become fragile and some signs this is happening Most recent...

Fully planned or self-organising chaos: which economic system leads to the best outcome for us?

nnWelcome to Finance and Fury, the Furious Friday edition. Today, we are going to go through the concept of planning versus chaos within an economic system Before we get into it - Which one would you prefer – purely based around the description – an economic system...

The dark past of ‘environmentalism’ provides clues to the point of the UN’s Sustainable Development Goals

Welcome to Finance and Fury, The Furious Friday Edition.  The final episode in the mini-series for the SDGs - Covered a lot – today - Summary wrap up and piece together next step One sentence – UN's Agenda 2030 wants us giving up sovereignty to a global unelected...

Pin It on Pinterest

Share This