robert2013
I have been checking out Kalgoorlie in the data. There are 225 properties for sale and 75 for rent according to realestate.com.au . Growth has been tapering even as Perth continued to go nuts: https://www.yourinvestmentpropertymag.com.au/top-suburbs/wa/6430-kalgoorlie (go to the bottom for links to the other kalgoorlie suburbs) From ABS: https://abs.gov.au/census/find-census-data/quickstats/2016/LGA54280 2016 population: 30,059 2021 population: 29,306 … Read more
The protests in favour Hezbollah are just the beginning. Mass immigration has already destroyed the old Australian culture. https://www.macrobusiness.com.au/2024/09/multicultralism-disintegrates It’s destroyed the private sector and productivity: https://www.macrobusiness.com.au/2024/10/canadian-and-australian-economies-live-off-the-public-teat https://www.macrobusiness.com.au/2024/10/chalmers-productivity-sinkhole-deepens There is worse to come: “There are three solvents of social trust: 1) the self-aggrandizement of insiders; 2) decay of competence, and 3) precarity, generated by soaring … Read more
https://unherd.com/2024/09/how-culture-warriors-exploited-creative-scotland Here’s another example of transactivists abusing society. Expecting the whole world to act as if you are a women (or man) when you are clearly not is no different to asking people to say they love big brother, when they do not. Making someone call you a woman when you are a man, and … Read more
Far out, step away for a day and the place goes nuts! A big welcome back to Poochy (Peachy?) and NoMansLand! I can’t say I read the whole last thread, but it seems like mix of interesting and useful contributions and a flame war. I’m especially impressed with Stewie’s ability to recall and locate old … Read more
Interesting Russian fertility data. After collapse in 1990s, bottoming in 2000, Russian fertility has been rising ever since, but may be stalling. Obviously a degree of prosperity and comfort is necessary for people to want to breed given they have choice in a contraceptive culture. The time of elites relying on taxing the excess profits … Read more
50% of Australia’s exports are from mining and another 18% from “energy”. https://www.aph.gov.au/About_Parliament/Parliamentary_departments/Parliamentary_Library/pubs/BriefingBook47p/AustralianTradeFigures Volumes are forecast to go up to 2029, but prices and net export earnings are expected to fall https://www.industry.gov.au/publications/resources-and-energy-quarterly-march-2024 Remittances currently took about USD 5 billion from our current account in 2022. That’s more than this year’s entire current account deficit. Also, … Read more
Following comment disappearance, I have resorted to making a post MB goes off it’s nut in “ABC positions Annabel for numberless immigration barrage”. https://www.macrobusiness.com.au/2024/06/abc-sites-annabel-for-numberless-immigration-barrage/ They still don’t get it. A long essay that demonstrates they think that the readership, the electorate and the polity in general respond to reason. That time is long past, if … Read more
My MP, Madeline King, sent me this in an email: Last week, the Albanese Labor Government set out the next steps in our plan to endfamily, domestic and sexual violence in a generation – and I wanted to makesure you heard a bit more about it. Too many women in Brand, and across Australia are … Read more
I first went to MB when Alan Kohler’s site (forgot its name) became the paid for “Eureka report”. Then MB went paid, and I was happy to pay at first. Then most zerohedge’s good stuff became paid as “the market ear”. Bloomberg went paid. The ABC went so far left that I can’t even read … Read more
While Australian media tend to portray oil, gas and coal as dinosaur industries destined to go bankrupt, other, more savvy commentators point out that they are more likely to become highly profitable with increased margin, just like tobacco companies since the 1990s. https://www.wsj.com/articles/for-big-oils-future-look-to-big-tobaccos-past-11643298756 https://www.barrons.com/articles/what-oil-companies-can-learn-from-big-tobacco-51577791801 But investors in Woodside seem determined to cripple it by forcing … Read more
It seems more people, some credible, are arguing that higher interest rates are stimulative right now, to a point. From bloomberg via yahoo: https://finance.yahoo.com/news/fed-rate-hikes-actually-sparking-120000966.html Didn’t coming say something like higher interest rates are inflationary? Can anyone remember exactly what coming said about this and where? I haven’t kept any links.
We are now being faced with the end of cash due to the possible bankruptcy of armaguard: The end of cash is the birth of compulsory banking. Jennifer Hewitt at the AFR noted that “Despite the decline in the regular use of cash, there is actually more cash lying around – just over $100 billion … Read more