Adam and Adir unpack the tax shock hitting Australian venture capital and private equity, including why carried interest has historically received favourable treatment and what the government's new capital gains rules could mean for fund managers.
They also look at France's extraordinary levels of government spending and the growing tension between generations over wealth, housing and welfare.
Then it's back to tech and business. Canva launches its own image generation model as it fights to stay relevant in the AI era, Airbnb finally cracks down on excessive checkout chores, NextDC loses more than 40% in a single day after delays to its Melbourne data centre, and Temple & Webster rallies after an update that leaves Adir even more convinced of his short thesis.
CHAPTERS
00:00 - Inside The Pod, Media and The Contrarians Live
23:33 - Myeloma Australia and Adam's Family Story
27:12 - The 47% Carried Interest Tax Shock
43:48 - France, Government Spending and Generational Wealth
01:00:12 - Canva Fights Back With AI
01:09:07 - Airbnb Ends Excessive Checkout Chores
01:17:09 - NextDC Crashes 42%
01:32:46 - Temple & Webster's 31% Rally
LINKS
Myeloma Australia: https://myeloma.org.au/
Join us on Substack for articles, news and more: https://www.thecontrarianspod.com/
