Pajeet* says work harder to support my family

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In the AFR on 9th November, in a piece called “Australia records biggest income decline in the developed world”, Deloitte Access Economics lead partner Pradeep Philip said “Australia’s 2.2 per cent population growth rate explained about one-third of the decline in per capita incomes. He added “the solution is actually to grow the economy to … Read more

The Black Pill

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In the Robert’s last post hemorrhoid lotion asked what is ‘The Black Pill’ and there were a variety of answers given. It was fascinating to hear the origins lying in incel theory and that is one rabbit hole I could have avoided falling down last night, but the definition that I most identified with was … Read more

MB takes the black pill

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If this isn’t a description of the EZFKA I don’t know what is. “So far as I can tell, Albo hasn’t just lost control of Australian borders; he doesn’t think ‘Australia’ exists as an entity at all.” https://www.macrobusiness.com.au/2023/11/radical-albo-loses-control-of-borders/ Congratulations David. Welcome aboard. You can post here any time.

Inflation and interest rates again

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The RBA is widely tipped to raise rates. MB points out, “Nearly half of all price rises are the fault of Albanese Government ineptitude.” ie. rents and utilities. https://www.macrobusiness.com.au/2023/10/alboflation-runs-riot/ The falling AUD can’t be helping either. A feedback loop may be developing where interest rates follow rising house prices, which are fed by immigration. Immigration … Read more