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Scott Phillips

@tmfscottp.bsky.social
1.2K followers 118 following 1.8K posts

Investor. Business person. CIO, The Motley Fool, Australia. Director, City Recital Hall

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Scott Phillips @tmfscottp.bsky.social · 24/03/2026
Huge thanks to a follower who let me know about this scam using an AI video of me. It is *not* me. I am *not* behind it, or in any way involved with it. Please don't be scammed.
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Scott Phillips @tmfscottp.bsky.social · 10/08/2025
Hopefully the government follows through and dumps (probably unworkable) legislation to restrict or limit AI implementation. Don't get me wrong: it'll have downsides. But it's here to stay. Ignoring it would mean we miss the benefits and become internationally uncompetitive.
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Scott Phillips @tmfscottp.bsky.social · 07/08/2025
A roundtable with nothing on the tax table, this term? It's like discussing tax reform but excluding GST. (Yes, a delayed reform is better than no reform, but so much for an emboldened second-term agenda.)
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Scott Phillips @tmfscottp.bsky.social · 05/08/2025
Only Trump could think making American healthcare more expensive was a good thing.
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Scott Phillips @tmfscottp.bsky.social · 01/08/2025
More (expected) economic stupidity from the US administration. Some (relatively) good news for us, though: our tariff will be 10%. Worse than 0%, but better than the 15%-20% reported earlier this week. (For now... who knows what he'll decide next week.)
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Scott Phillips @tmfscottp.bsky.social · 31/07/2025
This is some really interesting work from the Productivity Commission. The scope was too narrow (they were told company tax changes must be revenue neutral), but it's a really provocative idea. It has some good and bad parts, IMO, but a great starter for discussion.
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Scott Phillips @tmfscottp.bsky.social · 30/07/2025
Somewhere, in NW Queensland... "Hey, fellas. It worked for Whyalla. Let's tell the State and Federal government we want some money, too!"
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Scott Phillips @tmfscottp.bsky.social · 30/07/2025
Mixed news on inflation. - Headline fell to 2.1%, which is excellent. - 'Trimmed mean' meaningfully higher at 2.7% - Quarterly headline at 0.7% is 2.8% if annualised, so we need to be careful with the annual number (see ABS chart - the 2.1% benefits from lower past quarters)
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Scott Phillips @tmfscottp.bsky.social · 29/07/2025
Not only is the Productivity Summit likely to just be a series of PR set-pieces (and a waste of time, because those things could be discussed/communicated without a talkfest), but every group is now pushing their own barrow. National interest? (Good for the papers, though!)
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Scott Phillips @tmfscottp.bsky.social · 29/07/2025
This is silly. King Canute couldn't hold back the ride. Neither can the unions (or governments) on AI. Yes, look after displaced workers. But don't pretend that protectionism is a valid response - it'll only make us internationally competitive and hard living standards.
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Scott Phillips @tmfscottp.bsky.social · 28/07/2025
Hopefully the Treasurer is still open to fixing this Super tax. A reminder: We *should* collect more tax from large Super accounts. But... - It shouldn't be retrospective - It should be indexed - It shouldn't be levied on *unrealised* gains
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Scott Phillips @tmfscottp.bsky.social · 28/07/2025
Language matters. This sentence is 100% accurate, but it picks the wrong subject, IMO, and lets Trump pretend there is no tariff impact on Americans. Just as accurate, and more clearly, it could read: "Americans will pay 15% - 20% more for imports..."
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Scott Phillips @tmfscottp.bsky.social · 27/07/2025
This is a 'deal' in the way that the school bully has a 'deal' with the kid who is forced to hand over his lunch money.
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Scott Phillips @tmfscottp.bsky.social · 27/07/2025
Time to get back on the finance horse. First official day back from leave is tomorrow, but my first hit out is with Jane Goldsmith for Nine's Late News later this evening. Let's see if I can remember how to do this...
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Scott Phillips @tmfscottp.bsky.social · 24/07/2025
Home! More than 12,000km over almost 5 weeks. Bowral, up through NSW and Queensland to Darwin. Then Kakadu, Arnhem Land and Litchfield. Then back to Darwin and home. Thanks for following along. #TopEndRoadTrip
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Scott Phillips @tmfscottp.bsky.social · 23/07/2025
Next time you're in Cowra, do yourself a favour and have brekky at the Kendall Street Cafe. Great food and service. #TopEndRoadTrip
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Scott Phillips @tmfscottp.bsky.social · 22/07/2025
Spent last night at the Hotel Corones, because of forecast rain. Great old pub in Charleville. #TopEndRoadTrip
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Scott Phillips @tmfscottp.bsky.social · 21/07/2025
A great camp at Dunblane Station at Barcaldine. #TopEndRoadTrip
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Scott Phillips @tmfscottp.bsky.social · 21/07/2025
There are general stores and there are general stores. This one in Cloncurry. #TopEndRoadTrip
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Scott Phillips @tmfscottp.bsky.social · 21/07/2025
A beautiful evening - followed by a cold night - just east of Camooweal. #TopEndRoadTrip
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Scott Phillips @tmfscottp.bsky.social · 20/07/2025
When the fuel light comes on and the servo is miles from anywhere else... #TopEndRoadTrip
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Scott Phillips @tmfscottp.bsky.social · 19/07/2025
Free camp just off the Stuart Highway for the first night of the journey home. #TopEndRoadTrip
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Scott Phillips @tmfscottp.bsky.social · 19/07/2025
When in Darwin... #TopEndRoadTrip
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Scott Phillips @tmfscottp.bsky.social · 18/07/2025
Cascades at Litchfield National Park. #TopEndRoadTrip
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Scott Phillips @tmfscottp.bsky.social · 16/07/2025
Fishing on the Daly River. No Barra, but a great day out. #TopEndRoadTrip
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Scott Phillips @tmfscottp.bsky.social · 15/07/2025
Wangi Falls at Litchfield National Park. Great place for a swim, too. #TopEndRoadTrip
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Scott Phillips @tmfscottp.bsky.social · 14/07/2025
Litchfield National Park. The Lost City and Florence Falls. Just stunning. #TopEndRoadTrip
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Scott Phillips @tmfscottp.bsky.social · 09/07/2025
Cape Arnhem. Campfire. State of Origin. #TopEndRoadTrip
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Scott Phillips @tmfscottp.bsky.social · 09/07/2025
Cape Arnhem. Just magic. #TopEndRoadTrip
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Scott Phillips @tmfscottp.bsky.social · 08/07/2025
Early morning at Garanhan (Macassan Beach) #TopEndRoadTrip
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Scott Phillips @tmfscottp.bsky.social · 07/07/2025
Halfway(ish) between Katherine and Nhulunbuy is a little oasis called Mainorou Station. (4 hours to get there - then another 7 to Nhulunbuy!) #TopEndRoadtrip
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Scott Phillips @tmfscottp.bsky.social · 03/07/2025
Update: back there again this morning, and he nabbed his first Barra. A *very* happy kid! #TopEndRoadTrip
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Scott Phillips @tmfscottp.bsky.social · 02/07/2025
The young bloke spent almost three hours trying to catch a barramundi at Cahill's Crossing today. No luck, but not for want of trying. He'll hopefully break his duck soon. #TopEndRoadTrip
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Scott Phillips @tmfscottp.bsky.social · 30/06/2025
And Ubirr for sunset. #TopEndRoadTrip
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Scott Phillips @tmfscottp.bsky.social · 30/06/2025
Made it to the famed Cahill's Crossing in Kakadu National Park. They're not mucking around (but then, the crocs aren't, either...). #TopEndRoadTrip
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Scott Phillips @tmfscottp.bsky.social · 27/06/2025
No pub last night. Arrived at a beautiful Hipcamp just outside Darwin. #TopEndRoadTrip
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Scott Phillips @tmfscottp.bsky.social · 26/06/2025
Tonight? Throwing the swag down at the Daly Waters Pub in the middle of the NT. (Should have taken the photo earlier!) #TopEndRoadTrip
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Scott Phillips @tmfscottp.bsky.social · 25/06/2025
Two things can be true at once. 1. Greg Jericho is right, here. 2. That doesn't mean *non-indexed* taxation of *unrealised* gains is defensible. Conflating the two (not by Jericho, ftr) is laziness.
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Scott Phillips @tmfscottp.bsky.social · 25/06/2025
Camooweal for dinner (and digs) last night. Brekky at Barkly Homestead in the NT this morning. #topendroadtrip
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Scott Phillips @tmfscottp.bsky.social · 23/06/2025
Tonight's digs at Ilfracombe, Queensland. #topendroadtrip
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Scott Phillips @tmfscottp.bsky.social · 23/06/2025
A glorious Nindigully sunrise. #topendroadtrip
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Scott Phillips @tmfscottp.bsky.social · 22/06/2025
Nindigully Pub, Queensland. Not a bad place to pull up stumps for the day. #topendroadtrip
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Scott Phillips @tmfscottp.bsky.social · 21/06/2025
Gotta say, this is a promising and refreshing perspective from the government. Lots of examples across the board, and one from my own industry in the thread. Whether the govt wants it badly enough - and can tame the bureaucracy - remains to be seen, of course. 🤞 #auspol
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Scott Phillips @tmfscottp.bsky.social · 21/06/2025
Good morning from a cold, frosty, but beautiful Curlewis, NSW #topendroadtrip
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Scott Phillips @tmfscottp.bsky.social · 21/06/2025
Aaand... the mid-year holiday begins. An unusually long one this year: a week to get to Darwin, then three weeks around the Top End (Kakadu, Arnhem Land, Litchfield), then a week to get home. So... Usual disclaimer: unfollow now if you don't want holiday stuff for a month :)
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Scott Phillips @tmfscottp.bsky.social · 20/06/2025
I really like this framework, from @allegraspender.bsky.social in today's Fin:
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Scott Phillips @tmfscottp.bsky.social · 18/06/2025
AI isn't coming. It's here.
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Scott Phillips @tmfscottp.bsky.social · 03/06/2025
Whether it comes to anything remains to be seen, but this is *exactly* the right way to respond to tariffs. It's a few months too late, but better late than never. #auspol
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Scott Phillips @tmfscottp.bsky.social · 03/06/2025
Musk is spot on. The bill makes things worse, not better, for the US. On top of tariffs, this is another self-inflicted injury. It is ideology (and graft) over pragmatic reality.
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Scott Phillips @tmfscottp.bsky.social · 01/06/2025
Ross Gittins back in the good books (despite the unnecessary shade earlier in the article) with some truth on the state of our Federal *and State* budgets, via Treasury's Steven Kennedy.
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