Bob Baker (@halfflorin) profile picture

Catalyst for productive change.

Mackay, Queensland
Joined November 2010
Photo by Bob Baker (@halfflorin)Photo by Bob Baker (@halfflorin)Photo by Bob Baker (@halfflorin)Photo by Bob Baker (@halfflorin)Photo by Bob Baker (@halfflorin)Photo by Bob Baker (@halfflorin)Photo by Bob Baker (@halfflorin)Photo by Bob Baker (@halfflorin)Photo by Bob Baker (@halfflorin)Photo by Bob Baker (@halfflorin)
SIXTEEN AND STILL SOARING Many families will be at the kitchen table tonight, doing the mortgage sums. After 16 rate rises, an average new mortgage now costs over $30,000 a year more in interest than when Labor was elected. Labor blames global events. But you can't be unlucky 16 times. ​ Australia has had more rate rises under Labor than any major advanced economy. ​ At 4.6%, our cash rate is higher than any major advanced economy, and the highest here in 15 years. That’s right … 15 years! Across both state and the nation, we can’t keep trusting Labor to keep spending under control and exercise fiscal responsibility. Bring back the Coalition. We’ve had enough of this Labor socialism experiment gone wrong.
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I moved away from Australia, officially migrating to Switzerland, and it happened to land just before the CGT changes passed. Very happy with my decision. I'd only been residing in Australia a few months of the year for some time now. My business is international and does nothing in Australia - its customers are European and Asian. None of our staff are Australian anymore (aside from myself). The move was mostly about life. I ski, I hike, I ride downhill - Switzerland wins on all of that over the other low-tax options. It puts me around people I'm more aligned with: pro-capital, optimistic, building things. And it has me far closer to where the work actually is - half my client visits are in Germany. Tax was a factor too, I won't pretend it wasn't. But it was the last reason on the list, not the first. I love Australia. I was prepared to pay high taxes there to do my part. But its general and increasingly recent disdain for capital, for economic freedom, and the cultural shift against "the rich" had become too great for me to tolerate. I can pay high taxes. But I can't pay high taxes to people who hate me for the success I've happened to find. I worked very hard, took a lot of risk, and dealt with the shame of making what were seen as ill-advised life decisions in the eyes of my family and many of my friends for years. And on the other end, I found myself with a little luck that carried me through to a place I couldn't previously have imagined. I don't take full credit for my place in life. I was born in the right place to the right people - not rich, middle class, an accountant father and a stay-at-home mother, good parents who raised me right in a stable household - and even at the right time. But I took the opportunities luck gave me and ran the best race I could from there. I want everyone to reach financial independence. I want the world to grow wealthier. I can contribute to that vision. I will not, however, do it for people who despise the journey it takes to get there. Because that's what the resentment really is. It isn't principle - it's pessimism and envy. And more often than not it's fomented by people who were ambitious themselves, who set out to build something and fell short of their own expectations, and turned that disappointment outward - onto the people who made it, and onto the system itself.
Assuming the changes to CGT go through, what do you plan to change with your investments and/or your tax residency?
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Bob Baker retweeted
“In a free society, people can believe whatever they want. If you want to believe men can be women or you’re a man who wants to call himself a woman, that is your business. What you cannot do in a free society is force anyone else to accept it. What is at stake here is the ability to lawfully acknowledge reality. If you care so much about “trans rights” you can work out a way to get them without destroying the category of women in law, female spaces, sport, services, the entire reality of lesbianism, and punishing citizens for acknowledging reality. The fact that you haven’t even tried makes it appear that destroying the rights of women is the goal. Any politician who will look an Australian citizen in the eye and tell them that a man can be a woman is admitting that they will lie about anything and everything because the most obvious lie has already been told. If no one in this room can acknowledge reality and fix an obvious problem you are either malicious or incompetent. The days of dismissing this issue are over. This is not a culture war. It’s reality.” - my words, read by Alison Penfold MP, in parliament today. Contact politicians are tell them to BACK THE BILL - “Sex Discrimination Amendment- sex based rights bill 2026”
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Bob Baker retweeted
Wind and solar aren't the future - they are a high-maintenance, low-yield, asset-degrading collection of assorted technologies. Ultimately, the actual physics makes them extremely inefficient and they fail to deliver a true net profit to the citizens forced to subsidise them. We are told wind and solar are the limitless, romantic future of energy. But when you strip away the romance, wind and solar installations are not pristine, eternal monuments to progress. The reality is, they are complex jumbles of electronics, specialised glass, composite blades and concrete foundations. Like any domestic appliance, they degrade, malfunction, and eventually wear out. Whether it is a 'minor rural block' or a massive multi-million-dollar commercial farm, the financial equation is plagued by intermittency. Because these technologies only work sometimes, they require trillions in redundant grid infrastructure, backup gas plants, or toxic, short-lived battery arrays just to keep the lights on. The narrative promises clean, free power from the sky. But physics doesn't care about narratives. Both wind and solar are bound by immutable, proven physical barriers that guarantee they can never deliver the promised utopian returns. A wind turbine cannot simply absorb all the energy passing through it. In 1919, physicist Albert Betz proved that if a turbine extracted 100% of the wind’s kinetic energy, the air behind the blades would stop moving entirely, blocking any new wind from entering. The absolute mathematical maximum efficiency for any open-airflow turbine is 59.3%. Because of this physical wall, real-world utility turbines max out at around 45% efficiency in perfect conditions. But because the wind rarely blows at perfect speeds, their actual annual output (capacity factor) sits at a dismal 25% to 35%. They aren't magical power plants; they are mechanical bottlenecks. Solar panels face an equally rigid thermodynamic wall. Standard silicon panels have a maximum theoretical efficiency of roughly 33% because nearly half of all incoming solar energy is simply too powerful to be captured and is instantly lost as heat, while another chunk of photons passes right through the material like a ghost. Millions of homeowners who bought into rooftop solar since the late 2000s are discovering the financial math didn't hold up. As early subsidies and high buy-back tariffs evaporated, owners were left with creeping daily grid supply charges and degrading panels. After only 10 to 15 years, the costly inverters fail, leaving properties with expensive, non-functioning roof clutter. The fuel might seem to be free, but catching it is an incredibly expensive, resource-intensive and physically limited endeavor. Reality will always win. – at Bega, New South Wales
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Don’t expect your house value to exceed inflation from 2026- Very long term data says median house prices increase approximately in line with inflation. What a surprise! Wages increase in line with inflation; used to buy the houses! Check 1900-1950 here. 2026- will revert!
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The median house in 2026 will not be the median house 24 years on. If your community expands by 3% per year, 50% of the houses in 2050 not even built yet, and your house 24 years older. And increasing at less than inflation without substantial capital expense! $$
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I was born in Lebanon, what used to be the only Christian majority country in the Middle East. We prided ourselves on our tolerance and multi-culturalism, and as result, imported Palestinians into our country. Europe is falling for the same mistake. America cannot do the same.
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Australia is de-industrialising because of net zero.
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Didn't imagine I would be saying that we need to learn from the Leader of Argentina @jMilei. But sadly I think "it's time(!)", and sad I can't identify a Leader who can convince voting Australian's of the alternative to moving the deck chairs on "our Titanic". Thanks @nfergus
That scraping sound you hear is @RachelReevesMP moving the deckchairs around on the Titanic. What’s that big white thing we’re sailing towards? The answer is an unsustainably high national debt. 1/13
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“In Australia, attacking Christianity has become a sport for the elites and the political class.” The attacks on Australia’s religious institutions all seek to hand power to activists to curtail thought they do agree with #auspol Margaret Chambers in The @SpectatorOz: bit.ly/4fXMPeg
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I have a very serious question to which I would appreciate serious answers. Many, hundreds, of people I know personally are voting for Kamala because she’s not Trump. Others are voting for her because she’s a woman and they think it’s time America had a female president. Others because of her race. Some others I’ve spoken to told me they are voting for her because she seems cool and fresh and they think that’s what America needs right now. Here’s the question. If you are voting for Kamala for any other reason than the ones mentioned above, can you please tell me what that reason is? Again, the answer should not include the word Trump. I’m not asking why you hate Trump. You’ve made that perfectly clear. I am asking why you like Kamala. Is it her policies? If so, which one/s? Is it her opinions? If so, which one/s? This is a genuine question and I am asking to learn, not to judge. Looking forward to real answers. I’ll just add my own two cents. Out of the thousands of people who have commented on my posts about American politics, there seems to be a very interesting trend. Almost everyone I know who’s voting for Trump is voting for him because they like his policies, whether domestic or foreign. It’s true, some are voting for him because he’s not Kamala, but based on my totally anecdotal evidence, that number is very small. Your opinion on Trump isn’t relevant to this question. I’m just seeing many people voting for Trump because he’s Trump and many voting for Kamala because he’s not Trump. Every time I mention anything about Kamala, the vast majority of comments begin with “But Trump…” So, if you’re voting for Kamala for reasons other than the fact that she’s not Trump, she’s a woman, a person of color, or she’s young and hip, what is the reason? Looking forward to your thoughts.
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Watch this (whole thread), then explain why you’re OK with a man beating a woman in public for your entertainment. This isn’t sport. From the bullying cheat in red all the way up to the organisers who allowed this to happen, this is men revelling in their power over women.
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Well done Josh Frydenburg! If you haven't seen it yet please watch his documentary "Never Again". Great to see Julia Gillard speak up in plain speak and tragic to watch the weasel words of Albo, not matched by action.
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Education, facts,the case for Israel and enforcement of current discrimination and hate law should be a National priority! The only country in the Middle East with a viable democracy that reflects values similar to Australia. Let's sing with one voice!
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If you can't find it download the Australian Sky News App....
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