You will own nothing and rent nowhere.
“RBA to be stripped of its ability to set rates my initial thought is that this is meaningless PR exercise to appease the units who have been arse fucked by their mortgage rates the last 12 months effectively nothing will change but it makes it seem like charmers is doing something”
The 2021 census said there were ~1.45 million people aged 15-19. Let’s assume that’s evenly distributed across that age range. Then we can say that ~1.5 million/5 =300k people are aged 18. The government is now importing people at the rate of 400k people per year. That’s more people each year than come of age each … Read more
Another week, another L for Australia’s centre-right
That this wizened old crone has had her account deleted for hateful conduct and wishing personal injury, as a result of this tweet has made my weekend. Hopefully it is a permanent banning. Even though as a leading so called Indigenous Intellectual her Nastiness and visceral dislike for Australians, especially white Australians, is a great … Read more
Way back when, it was foretold that despite the MB gloomy FUD and crashnik rhetoric about foreign students, one should expect MORE students in the future, rather than less.
Who will win? Who will lose? I’ll put my chips in and say I think NSW Labor is going to win. It won’t be a big win but they’ll probably cinch it by a little. LNP might be able to crawl over the line but I think it’s generally the best bet at this point … Read more
So far: I am not well read about these events and so hesitate to draw these two events together. Maybe some of you can comment on that. This is related: https://www.economist.com/finance-and-economics/2023/03/20/credit-suisses-takeover-causes-turmoil-in-a-275bn-bond-market “When things go sour and trigger points are reached—such as a bank’s capital falling below certain levels relative to assets—the bonds convert to equity or are … Read more
Thoughts: Ownership market Rental market I don’t have a read on the weights of each of these factors or a model that can combine them. My gut feeling is that rates will resume rising after a lull caused by the Chinese resumption of production following the end of COVID zero and the working out of … Read more
So why haven’t any of the armchair generals here commented on the AUKUS submarine deal Subs are completely useless in modern warfare right? Like drones will easily find and destroy them, especially as nuclear can’t be turned off so they’re always traceable via sound Seems absolutely retarded for a country like Australia, which has relatively … Read more
It’s all over the news, we’ve all heard about it. Now they are predicting no more rate rises and cuts on the horizon which means more inflation. I’m seeing a few people say more liquidity being pumped into the system and that it’s a good time to buy hard assets i.e. gold/silver, RE etc. But … Read more
