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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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Reposted by Scott Phillips
TRE - Talk Radio Europe @tre.radio · 23/09/2026
On Hannah Murray's TRE in the Afternoon from 16.00: @tmfscottp.bsky.social with 'The One-Page Investing Plan: Start simple, stay patient, build serious wealth', and Franny Catz's Humpday Happenings
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Reposted by Scott Phillips
Luke Hill @masscommons.bsky.social · 26/09/2026
"I have one thing (that billionaire over there) will never have: enough.... I *don't* want to be the richest bloke in the cemetery." @tmfscottp.bsky.social on #MoneyUnplugged with @chrishillalx.bsky.social youtu.be/LoiDO-HIXI8?...
youtu.be
The $2 Million Car Mistake (Scott Phillips)
YouTube video by Money Unplugged with Chris Hill
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Scott Phillips @tmfscottp.bsky.social · 24/03/2026
Thanks mate - really appreciate it! I've posted it here and elsewhere to let people know!
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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 · 24/03/2026
Ugh no, sorry mate.
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Scott Phillips @tmfscottp.bsky.social · 25/02/2026
Interesting, thanks mate
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Reposted by Scott Phillips
The Cathy Wilcox @cathywilcox.bsky.social · 11/01/2026
When this blows over I might have to share some of the emails I’ve received over the days which really make me wonder why I am the one accused of hatred. There is deep unresolved trauma being spewed by some of these people and we cannot consent to living according to their warped reality.
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Scott Phillips @tmfscottp.bsky.social · 10/01/2026
Interesting, thank you!
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Scott Phillips @tmfscottp.bsky.social · 11/08/2025
I suspect, like the Internet, it'll be an enabler.
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Scott Phillips @tmfscottp.bsky.social · 11/08/2025
Great metaphor. I used something very similar in an article I just published! Great minds think alike :)
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Scott Phillips @tmfscottp.bsky.social · 10/08/2025
Source: www.smh.com.au/politics/fed...
smh.com.au
Split in Albanese’s caucus as government moves to kill AI laws
The sprawling technology has become a subject of intense debate within Labor’s inner sanctum.
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Scott Phillips @tmfscottp.bsky.social · 10/08/2025
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.
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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
Thank you
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Scott Phillips @tmfscottp.bsky.social · 07/08/2025
(and we're only 3 months into a three year term!)
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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 · 06/08/2025
We had to put our 11yo German Shepherd, Abby, down today. We're gutted, but thankful. Do me a favour: "Be the person your dog thinks you are"
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Scott Phillips @tmfscottp.bsky.social · 05/08/2025
Source: www.theaustralian.com.au/nation/pharm...
theaustralian.com.au
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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
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.
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Scott Phillips @tmfscottp.bsky.social · 01/08/2025
Source: www.afr.com/politics/fed...
afr.com
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.
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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
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-...
afr.com
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.
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Scott Phillips @tmfscottp.bsky.social · 31/07/2025
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.
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Scott Phillips @tmfscottp.bsky.social · 31/07/2025
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
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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
Source: www.afr.com/companies/mi...
afr.com
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.
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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
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.
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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
Spot on!
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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
*uncompetitive!
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Scott Phillips @tmfscottp.bsky.social · 29/07/2025
Ha yes, sorry!
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Scott Phillips @tmfscottp.bsky.social · 29/07/2025
I bet. A non-ideological DOGE equivalent, run by caring, thoughtful and sober experts and leaders would be hugely useful, I'd imagine.
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Scott Phillips @tmfscottp.bsky.social · 29/07/2025
I'm not surprised. It's devilishly difficult for regulatory, cultural and organisational-objective.(I.e measuring squishy stuff) reasons, but it needs to happen.
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Scott Phillips @tmfscottp.bsky.social · 29/07/2025
Source: www.smh.com.au/politics/fed...
smh.com.au
Unions to demand employers be forbidden from using AI for ‘mass redundancies’
AI regulation will be the union’s key demand to Treasurer Jim Chalmers’ economic reform round table in August.
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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 · 29/07/2025
Good question. Inflation put tomorrow and consensus is for it to continue falling. Problem is that goods and services inflation acts differently to asset (property) inflation. Likely an economic justification for a rate cut for the physical economy but that'll push up property prices.
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Scott Phillips @tmfscottp.bsky.social · 28/07/2025
Nope. They're the ones we should tax more.
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Scott Phillips @tmfscottp.bsky.social · 28/07/2025
Source: www.theaustralian.com.au/nation/polit...
theaustralian.com.au
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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
Source: www.afr.com/world/north-...
afr.com
Trump flags new tariff of 15 or 20pc on rest of world
Australian exporters may face tariffs of 15 to 20 per cent, with the government yet to strike a deal and President Donald Trump flagging a new, higher baseline.
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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
Got through it unscathed, thankfully. :) Just FYI, my regular spots: Nine Late News Sun - Thurs 2CC Canberra 6.45am and 5.30pm weekdays 2GB Sydney 2.30pm weekdays Sky News 7.10am Tues 4BC Brisbane 12.45pm Fri MMM Riverina MIA 7.10am Weds MMM Sunraysia 7.30am Fri
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Scott Phillips @tmfscottp.bsky.social · 27/07/2025
Source: www.theaustralian.com.au/business/the...
theaustralian.com.au
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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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Reposted by Scott Phillips
David Pocock @davidpocock.bsky.social · 27/07/2025
The first term of the Albanese Government was the second most secretive in the last 30 years - more secretive than the Morrison Government. This has to change in their second term - we need more transparency and respect for the Australian people. www.canberratimes.com.au/story/902424...
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Scott Phillips @tmfscottp.bsky.social · 27/07/2025
Just everywhere else!
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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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