Michael Browell (@777MJB) header
Michael Browell (@777MJB) profile picture

CEO - Moonee Valley Racing Club. Melbourne. Australia. Opinions expressed are my own.

Melbourne, Victoria
Joined June 2012
Photo by Michael Browell (@777MJB)Photo by Michael Browell (@777MJB)Photo by Michael Browell (@777MJB)Photo by Michael Browell (@777MJB)Photo by Michael Browell (@777MJB)Photo by Michael Browell (@777MJB)Photo by Michael Browell (@777MJB)Photo by Michael Browell (@777MJB)Photo by Michael Browell (@777MJB)
Can Dermie help Bossy and Britt find a new stage for the 2026 Ladbrokes Cox Plate? Australia's legendary race meets a brand-new stage. Don't miss out on the action at Flemington Racecourse this October 24th!

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"You might see her at a mile and a quarter before the Golden Eagle" 👀 Peter Moody at his brilliant best following Sheza Alibi's demolition job in the Makybe Diva Stakes 👑 @moodyracingpgm
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Michael Browell retweeted
This week’s Winning Post column; for 100 years the Cox Plate was imperious and untouchable as our ultimate target. Now, it’s under threat.
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Dropped in @TheValley for an update on the redevelopment that includes a new racetrack as the centrepiece of a world class venue: $5mil from the State Govt. via Vic Racing Industry Fund. Thousands of new residents moving here. With Labor Candidate for Essendon Kat Theodosis. 🐎
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"The only time he hits the front is right on the line" 🩵 Bruce takes us through Romantic Warrior's epic Cox Plate win like only Bruce can 👑
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One of the best to ever do it, Romantic Warrior! 💙 🥇 x24 🏆 x15 Group 1 wins 💰 HK$288.74m earnings 👑 2x Horse of the Year; #TripleCrown ✅ We salute you, champ! 🫡 | #HKracing
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Latest on Romantic Warrior, who has been retired from racing. 💙
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Track update 🌱 @Evergreen_Turf have been busy completing the next stage of works on the new track, ahead of the turf being laid later this spring.
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The Valley of Tomorrow is taking shape! Works are underway on the infield horse stall enclosure. Hard to believe that the full circumference of the track will be in place in the next 3 - 4 weeks and turfed November / December. @TheValley
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Legendary on a new Stage - the 2026 Cox Plate heads to Flemington for one year only!

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EXCLUSIVE: The Valley has hit out at misinformation surrounding its $250m redevelopment as Racing Victoria seeks assurances over racing’s return. In an interview with Betsy, chairman Adam Lennen and CEO Michael Browell reveal key construction wins, its financial position, why the grandstand has been delayed and plans for racing’s return in 2027. betsy.com.au/the-valley-hits…
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Calandagan from last to first 🔥 Imagine that turn of speed let rip in the Ladbrokes Cox Plate at Flemington 🙏🇦🇺
CALANDAGAN RETAINS HIS GRAND PRIX DE SAINT-CLOUD CROWN! 👑🇫🇷
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🚨 THE REVOLT HAS STARTED 🚨 This is no longer normal political dissatisfaction. This is becoming a full-blown social and political revolt. Arguably, Australia has not seen this level of public anger since the events surrounding the dismissal of the Whitlam Government. The reasons are strikingly familiar: 💸 Cost of living soaring 📉 Living standards falling 🏠 Home ownership becoming harder 📊 Productivity stagnating 🚫 Opportunity shrinking 🎭 Broken promises and political deception 💰 Government spending out of control 🤦 Ministerial incompetence without consequences 👎 Open contempt for voters and taxpayers Australians are increasingly reaching the same conclusion: "The people running the country are not listening." The establishment still believes this is just another election cycle. It isn't. ⚠️ Trust in government is collapsing. ⚠️ Trust in institutions is collapsing. ⚠️ Trust in the media is collapsing. ⚠️ Trust in the political class is collapsing. And when trust collapses, politics changes. Not gradually. Suddenly. No, the Senate probably won't block supply. No Governor-General is likely to dismiss a government. The political explosion of 2026 will look different. But it is coming. History teaches that revolutions rarely begin with a detailed plan. People first unite around what they oppose: ❌ declining prosperity ❌ declining freedom ❌ declining accountability ❌ declining opportunity Only later do new political movements emerge to define the solutions. The old rules are breaking down. The major parties can feel it. The bureaucracy fears it. The media doesn't understand it. And voters are increasingly prepared to ignore what they are told and make up their own minds. 🗳️ The next election may not be a contest between parties. 🗳️ It may be a referendum on the entire political class. The establishment thinks it is managing public dissatisfaction. It may be witnessing the early stages of a political realignment. #AusPol #CostOfLiving #Democracy #PoliticalRevolt #Australia #Freedom #Libertarian #LPQ
Albanese is in a ratings crash after his government's disastrous budget. Aussies are fed up with not being listened to by the Canberra Bubble. theaustralian.com.au/nation/…
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At what point do Victorians stand up and say we’ve had enough of the lawlessness! How have we allowed this to happen? • Machete attacks at train stations and shopping centres. • Car jackings • Home invasions • Hospitality venues being fire bombed • Alleged corruption in the Billions on Big Build projects • Illegal tobacco shops all over town It honestly feels like the criminals control this city. They offend, get arrested then go through the revolving doors in our Court system. Is there a bigger issue than law and order as Victoria heads towards a State Election this November?
No this isn’t Somalia . This is Flinders street Melbourne in Australia . Teens wielding machetes at one another.
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“Every business, factory, mine, software company and startup exists because somebody was willing to put capital at risk. These are the people that employ the workers”. 🎯
What I have come to realise in reading responses to my posts, is that for Labor and many of its supporters, this budget is a bit of a moral crusade. They see “workers” as virtuous (sweat and toil). And they have an innate suspicion of investors, who they seem to think are just rich people who got wealthy through special treatment and “handouts.” In this frame, workers “earn” their wages. By contrast, capital income passively rains down from the heavens while the investor sits on a beach sipping martinis. “You’re free to invest, just pay a bit more tax,” they say. But incentives are everything — if you punitively cap the upside while leaving the investor with most of the downside risk, less jobs will be created. What frequently gets lost is that investment is not simply money appearing from nowhere. Capital comes from people who defer consumption, take risk and allocate savings to productive activities. Every business, factory, mine, software company and startup exists because somebody was willing to put capital at risk. These are the people that employ the workers. Because this is a moral crusade, it’s hard to change people’s minds by talking about the economics of risk taking, cost of capital or real effective tax rates. The great irony is that the fastest path for “workers” to become wealthy is to invest their savings on the side. Into productive businesses and other growth assets. These new tax rules will make it that much harder for the average worker to build wealth.
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Why do we allow Australia's incompetent politicians hide behind a wall of bureaucrats.? 1. Australia has 140 public servants for every 1,000 people. By comparison, Japan has 38 per 1,000 people. 2. We employ 2.5 million bureaucrats in Australia, costing us $232 billion a year. Japan, with five times our population, runs on 3.3 million bureaucrats and spends only $270 billion 3. Our bureaucrats are on bigger salaries too. Per head, Australian public servants earn an average of $93,000 versus Japan at just $76,000 The other question is why is our bureaucracy so inefficient?
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Please circulate this widely,
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#BREAKING MP Kevin Hogan blasts PM Anthony Albanese in Parliament for destroying Australia's risk reward economic model. Hogan's critique is razor sharp, the government has systematically inverted incentives for private enterprise. Historically, risking capital meant keeping the return. Now, the framework forces a parasitic transfer of wealth “You take the risk and the Albanese Government gets the reward” Hogan argued. Hogan then rages that this isn't just failed policy, it's a calculated “unforgivable" deception of the Australian electorate. Hard to argue.
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The trouble with Canberra, Australia has way too many public servants. Canberra Bubble. #auspol
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At 50% CGT rate, we will have CGT rates 147% higher than the world average, and 19% higher than 2nd place. The most outrageous policy ever. And they've lied about it too. This picture summarises everything you need to know about the new CGT rates:
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