House prices
Australia's beloved "beacon of truth and (left) culture" the ABC website takes the cake for echoed spamming and recycling of the same biased narratives and disinformation.
Endless in the trenches social justice and culture and gender wars themes, relentless attacking of the right-centre conservative side of politics, everyone is a victim of boomers and corporates and the RBA and white males and economists etc, actually endless anti-male hate in general, weird and downright unwise pro Ukraine (the most corrupt country on the planet) and pro US military industrial complex and pro war with Russia and China, pseudo economics coverage that only obscures and confuses and provokes anger and further victim mentality...these are among the worst narratives
Just another global fake left propaganda and disinformation bureau that everyone has become desensitised to, to the point of thinking it's normal and ok, and actually thinking that it's unbiased and neutral and balanced centre politics and commentary for the public good.
flollo wrote:I just got a letter from my electricity provider that my rates are going up by 50%. What in hell can justify this increase? As of 1/7/23, so not even 2 weeks to go.
Cant be true cause Albo said
"electricity prices fall from the current level by $275 for household[s] by 2025, at the end of our first term".
gsco said of the ABC repetition and preaching:
"that everyone has become desensitised to, to the point of thinking it's normal "
As with Jimmy Swaggart style revivalist prayer sessions, a proportion of the population SUBMITS to the endless repetition and persuasion. The blank faces of the converted sway as Jimmy sings.
But many become sensitised to the endless repetition of the same topics and themes. It creates the visceral resistance reaction opposite to the persuasion that was intended. They flee the revivalist meeting, sensing something is not right and out of sheer boredom.
Pretty much I avoid all ABC talk shows, especially as soon as I spot the main topic being one of either
- V
- G
- R
- C
In my experience it usually take about 5 seconds for one of those topics to be mentioned in any given talk show. Change channel time.
Even on those topics, there are actually some very interesting and important nuances that could be explored, to the benefit of all, and even their "agenda", if the intent to preach was put in the back pocket.
Ratings are falling. They don't seem to know why (about to commission research to find out!). They are "killing with kindness" some of their pet topics. In sales, you can have clinched the sale, but then lose it, by keeping on talking and talking and talking. The customer's eyes glaze over and "get me out of here" becomes their mindset.
They are dividing not uniting society. But in their minds, they are doing the equivalent of "god's" work. We (and I bet they) just don't know who the god is. Is it some globalist cabal(s) hidden behind the curtain? Or maybe the inevitable outcome of valid social justice themes mutating by being on too many steroids and growth hormones. Or maybe just a viral self replicating group think? Or all of the above?
Jordon having a spray at the Greens... Haha
https://m.
&t=12s&pp=ygUPZnJpZW5kbHlqb3JkaWVz indo-dreaming wrote:flollo wrote:I just got a letter from my electricity provider that my rates are going up by 50%. What in hell can justify this increase? As of 1/7/23, so not even 2 weeks to go.
Cant be true cause Albo said
"electricity prices fall from the current level by $275 for household[s] by 2025, at the end of our first term".
But but but Labor!! It's all their fault... Pft.
https://www.google.com/amp/s/amp.theguardian.com/australia-news/2023/feb...
andy-mac wrote:indo-dreaming wrote:flollo wrote:I just got a letter from my electricity provider that my rates are going up by 50%. What in hell can justify this increase? As of 1/7/23, so not even 2 weeks to go.
Cant be true cause Albo said
"electricity prices fall from the current level by $275 for household[s] by 2025, at the end of our first term".
But but but Labor!! It's all their fault... Pft.
https://www.google.com/amp/s/amp.theguardian.com/australia-news/2023/feb...
Ha ha you should get paid by Labor
Lets be real it was always complete bullshit and just typical labor lies said to suck in gullible people to vote for Labor.
Energy prices were always going to rise and they always will, even if one day companies can produce energy cheaper they aren't going to say okay lets reduce energy bills by $275 they are just going to be stoked on the increased profit margin and i guess reward share holders.
If you want to reduce your energy bill best thing to do is throw some solar panels on your roof.
gsco wrote:Australia's beloved "beacon of truth and (left) culture" the ABC website takes the cake for echoed spamming and recycling of the same biased narratives and disinformation.
Endless in the trenches social justice and culture and gender wars themes, relentless attacking of the right-centre conservative side of politics, everyone is a victim of boomers and corporates and the RBA and white males and economists etc, actually endless anti-male hate in general, weird and downright unwise pro Ukraine (the most corrupt country on the planet) and pro US military industrial complex and pro war with Russia and China, pseudo economics coverage that only obscures and confuses and provokes anger and further victim mentality...these are among the worst narratives
Just another global fake left propaganda and disinformation bureau that everyone has become desensitised to, to the point of thinking it's normal and ok, and actually thinking that it's unbiased and neutral and balanced centre politics and commentary for the public good.
Haha, so true. As a millennial coming from ‘marginalised’ migrant backgrounds I can’t stand their narrative. The only good thing about the ABC is coverage of topics that no one else bothers covering, like some rural and regional issues.
indo-dreaming wrote:andy-mac wrote:indo-dreaming wrote:flollo wrote:I just got a letter from my electricity provider that my rates are going up by 50%. What in hell can justify this increase? As of 1/7/23, so not even 2 weeks to go.
Cant be true cause Albo said
"electricity prices fall from the current level by $275 for household[s] by 2025, at the end of our first term".
But but but Labor!! It's all their fault... Pft.
https://www.google.com/amp/s/amp.theguardian.com/australia-news/2023/feb...
Ha ha you should get paid by Labor
Lets be real it was always complete bullshit and just typical labor lies said to suck in gullible people to vote for Labor.
Energy prices were always going to rise and they always will, even if one day companies can produce energy cheaper they aren't going to say okay lets reduce energy bills by $275 they are just going to be stoked on the increased profit margin and i guess reward share holders.
If you want to reduce your energy bill best thing to do is throw some solar panels on your roof.
It’s 100% labor’s fault. As far as I understood it they capped the price (good, it helped people) and now they are removing that cap. I honestly don’t care about other structural issues at this point in time, those need to be resolved while maintaining the cap in place. You really have to be a complete incompetent moron to remove the cap with fuck all notice in the middle of winter.
indo-dreaming wrote:andy-mac wrote:indo-dreaming wrote:flollo wrote:I just got a letter from my electricity provider that my rates are going up by 50%. What in hell can justify this increase? As of 1/7/23, so not even 2 weeks to go.
Cant be true cause Albo said
"electricity prices fall from the current level by $275 for household[s] by 2025, at the end of our first term".
But but but Labor!! It's all their fault... Pft.
https://www.google.com/amp/s/amp.theguardian.com/australia-news/2023/feb...
Ha ha you should get paid by Labor
Lets be real it was always complete bullshit and just typical labor lies said to suck in gullible people to vote for Labor.
Energy prices were always going to rise and they always will, even if one day companies can produce energy cheaper they aren't going to say okay lets reduce energy bills by $275 they are just going to be stoked on the increased profit margin and i guess reward share holders.
If you want to reduce your energy bill best thing to do is throw some solar panels on your roof.
Must have been non core promise. ;)
flollo wrote:indo-dreaming wrote:andy-mac wrote:indo-dreaming wrote:flollo wrote:I just got a letter from my electricity provider that my rates are going up by 50%. What in hell can justify this increase? As of 1/7/23, so not even 2 weeks to go.
Cant be true cause Albo said
"electricity prices fall from the current level by $275 for household[s] by 2025, at the end of our first term".
But but but Labor!! It's all their fault... Pft.
https://www.google.com/amp/s/amp.theguardian.com/australia-news/2023/feb...
Ha ha you should get paid by Labor
Lets be real it was always complete bullshit and just typical labor lies said to suck in gullible people to vote for Labor.
Energy prices were always going to rise and they always will, even if one day companies can produce energy cheaper they aren't going to say okay lets reduce energy bills by $275 they are just going to be stoked on the increased profit margin and i guess reward share holders.
If you want to reduce your energy bill best thing to do is throw some solar panels on your roof.
It’s 100% labor’s fault. As far as I understood it they capped the price (good, it helped people) and now they are removing that cap. I honestly don’t care about other structural issues at this point in time, those need to be resolved while maintaining the cap in place. You really have to be a complete incompetent moron to remove the cap with fuck all notice in the middle of winter.
100% Labor's fault. ??
They have many faults but this is not on them. 10 years the previous mob did sweet fuck all never mind other international factors.
But yes cap should be kept in place.
And yes they probably can do more but FFS they were left a dog's breakfast policy wise .. with some hidden surprises such as linked above. Good ol honest Angus.
I don’t care about the previous mob. That’s in the past. Fix it. It’s same as blaming someone who left the company at work. It never worked, it never will. If there were no problems to fix we would never get a job in the first place. We gave labor the job, it’s up to them to fix it.
andy-mac wrote:indo-dreaming wrote:andy-mac wrote:indo-dreaming wrote:flollo wrote:I just got a letter from my electricity provider that my rates are going up by 50%. What in hell can justify this increase? As of 1/7/23, so not even 2 weeks to go.
Cant be true cause Albo said
"electricity prices fall from the current level by $275 for household[s] by 2025, at the end of our first term".
But but but Labor!! It's all their fault... Pft.
https://www.google.com/amp/s/amp.theguardian.com/australia-news/2023/feb...
Ha ha you should get paid by Labor
Lets be real it was always complete bullshit and just typical labor lies said to suck in gullible people to vote for Labor.
Energy prices were always going to rise and they always will, even if one day companies can produce energy cheaper they aren't going to say okay lets reduce energy bills by $275 they are just going to be stoked on the increased profit margin and i guess reward share holders.
If you want to reduce your energy bill best thing to do is throw some solar panels on your roof.
Must have been non core promise. ;)
Might not have been an election core promise but they promised it to the people before the election 97 seperate times.
They always knew it was a load of bullshit as did anyone with half a brain, problem is some people are super gullible and Labor were super desperate to get in and using any and every means possible as we are seeing now with the Brittany Higgins issue.
flollo wrote:I don’t care about the previous mob. That’s in the past. Fix it. It’s same as blaming someone who left the company at work. It never worked, it never will. If there were no problems to fix we would never get a job in the first place. We gave labor the job, it’s up to them to fix it.
Give them some time .. There is going to be a lag with the implementation of any policy. That is assuming they get their policies through and have a second term in govt, which may be difficult since the whole media landscape holds Labor to a lot higher standard and scrutiny than they do the LNP..
indo-dreaming wrote:andy-mac wrote:indo-dreaming wrote:andy-mac wrote:indo-dreaming wrote:flollo wrote:I just got a letter from my electricity provider that my rates are going up by 50%. What in hell can justify this increase? As of 1/7/23, so not even 2 weeks to go.
Cant be true cause Albo said
"electricity prices fall from the current level by $275 for household[s] by 2025, at the end of our first term".
But but but Labor!! It's all their fault... Pft.
https://www.google.com/amp/s/amp.theguardian.com/australia-news/2023/feb...
Ha ha you should get paid by Labor
Lets be real it was always complete bullshit and just typical labor lies said to suck in gullible people to vote for Labor.
Energy prices were always going to rise and they always will, even if one day companies can produce energy cheaper they aren't going to say okay lets reduce energy bills by $275 they are just going to be stoked on the increased profit margin and i guess reward share holders.
If you want to reduce your energy bill best thing to do is throw some solar panels on your roof.
Must have been non core promise. ;)
Might not have been an election core promise but they promised it to the people before the election 97 seperate times.
They always knew it was a load of bullshit as did anyone with half a brain, problem is some people are super gullible and Labor were super desperate to get in and using any and every means possible as we are seeing now with the Brittany Higgins issue.
Mate the BH incident is purely with the Libs... Farken disgusting how they have politicised this. Working in with the Murdoch media with leaks and a hatched job that has kind of blown up in their face.
Even liberal members are calling this out. Media trying to make it all of parliament, but it is purely with the Libs. Trying to defend that is on you.
Why was the office ordered to be steam cleaned rather than get police in is the main question that needs to be answered.
Whole thing stinks ....
Now another Lib been outed, and of course Dutton knew nothing,.
Coal and gas prices spent last year and nearly half of 2021 more than double what they are now, and they spent a large chunk of last year 3/4/5 times higher.
Australia is doing pretty well to not have the full resource price spike flow through to electricity prices. But part of it has to flow though the system no matter what. There's a clear and direct link between Putin and our electricity price rises. It can't be denied or argued away.
The current electricity price rises are not due to either side of politics, unless one wants to start pointing fingers at the architects of the national electricity market as a (neoliberal) market based solution to electricity supply, and particularly the Default Market Offer price setting mechanism (1, 2).
No one has "removed" a price cap (the Default Market Offer price). It gets reset every year, and by the regulator, not the government:
"The independent Australian Energy Regulator (AER) determines the price cap set by the DMO, which comes into effect on 1 July each year."
"From 1 July 2023 residential customers on standard retail plans will see price increases of 20.8% to 23.9% without controlled load, depending on their region, and between 19.6% to 24.9% with controlled load, depending on their region. Small business customers are facing increases of 14.7% to 28.9%, depending on their region."
andy-mac wrote:indo-dreaming wrote:andy-mac wrote:indo-dreaming wrote:andy-mac wrote:indo-dreaming wrote:flollo wrote:I just got a letter from my electricity provider that my rates are going up by 50%. What in hell can justify this increase? As of 1/7/23, so not even 2 weeks to go.
Cant be true cause Albo said
"electricity prices fall from the current level by $275 for household[s] by 2025, at the end of our first term".
But but but Labor!! It's all their fault... Pft.
https://www.google.com/amp/s/amp.theguardian.com/australia-news/2023/feb...
Ha ha you should get paid by Labor
Lets be real it was always complete bullshit and just typical labor lies said to suck in gullible people to vote for Labor.
Energy prices were always going to rise and they always will, even if one day companies can produce energy cheaper they aren't going to say okay lets reduce energy bills by $275 they are just going to be stoked on the increased profit margin and i guess reward share holders.
If you want to reduce your energy bill best thing to do is throw some solar panels on your roof.
Must have been non core promise. ;)
Might not have been an election core promise but they promised it to the people before the election 97 seperate times.
They always knew it was a load of bullshit as did anyone with half a brain, problem is some people are super gullible and Labor were super desperate to get in and using any and every means possible as we are seeing now with the Brittany Higgins issue.
Mate the BH incident is purely with the Libs... Farken disgusting how they have politicised this. Working in with the Murdoch media with leaks and a hatched job that has kind of blown up in their face.
Even liberal members are calling this out. Media trying to make it all of parliament, but it is purely with the Libs. Trying to defend that is on you.
Why was the office ordered to be steam cleaned rather than get police in is the main question that needs to be answered.
Whole thing stinks ....
Now another Lib been outed, and of course Dutton knew nothing,.
Yeah because Labor hadn't already politicised it, thats the whole point and what has been exposed of late.
I wouldn't be surprised if one day we learn there is even more to this than has come out.
indo-dreaming wrote:andy-mac wrote:indo-dreaming wrote:andy-mac wrote:indo-dreaming wrote:andy-mac wrote:indo-dreaming wrote:flollo wrote:I just got a letter from my electricity provider that my rates are going up by 50%. What in hell can justify this increase? As of 1/7/23, so not even 2 weeks to go.
Cant be true cause Albo said
"electricity prices fall from the current level by $275 for household[s] by 2025, at the end of our first term".
But but but Labor!! It's all their fault... Pft.
https://www.google.com/amp/s/amp.theguardian.com/australia-news/2023/feb...
Ha ha you should get paid by Labor
Lets be real it was always complete bullshit and just typical labor lies said to suck in gullible people to vote for Labor.
Energy prices were always going to rise and they always will, even if one day companies can produce energy cheaper they aren't going to say okay lets reduce energy bills by $275 they are just going to be stoked on the increased profit margin and i guess reward share holders.
If you want to reduce your energy bill best thing to do is throw some solar panels on your roof.
Must have been non core promise. ;)
Might not have been an election core promise but they promised it to the people before the election 97 seperate times.
They always knew it was a load of bullshit as did anyone with half a brain, problem is some people are super gullible and Labor were super desperate to get in and using any and every means possible as we are seeing now with the Brittany Higgins issue.
Mate the BH incident is purely with the Libs... Farken disgusting how they have politicised this. Working in with the Murdoch media with leaks and a hatched job that has kind of blown up in their face.
Even liberal members are calling this out. Media trying to make it all of parliament, but it is purely with the Libs. Trying to defend that is on you.
Why was the office ordered to be steam cleaned rather than get police in is the main question that needs to be answered.
Whole thing stinks ....
Now another Lib been outed, and of course Dutton knew nothing,.Yeah because Labor hadn't already politicised it, thats the whole point and what has been exposed of late.
I wouldn't be surprised if one day we learn there is even more to this than has come out.
But they didn't, that's the point... LNP did with Murdoch help. Ya know the media organisation that bugs a dead girls phone and knowingly lies as to not upset their audience.
Mate you are entitled to opinions, but not facts.
Yep however I agree there needs to be major investigation into the whole affair as it reeks. What happened to the report Morrison instigated, why was the office cleaned, why has AFP not properly investigated, what did Cash and Reynolds know and what did they do. Morrison must have known.... Trying to pin this on a Labor senator is just dumb. It was a liberal staffer allegedly raped by another liberal staffer in a liberal member's office. Fact.
But but but it's Labor's fault and they are politicising it... Spare me.
I would guess it was a organised hit job with LNP and Murdoch with the leaks. And yes hopefully we get to bottom of where leaks came from, and that was a shameful dog act. And if a law has been broken, then hopefully the perpetrators are held to account...
https://independentaustralia.net/politics/politics-display/the-katy-gall...
"Mate you are entitled to opinions, but not facts."
How ironic.
Anyway we are going off topic derailing this thread but its dodgy as all Fk on both sides of politics, and then you have people like Lisa Wilkinson OMFG that women deserves that terrible man she is married too, worst couple in Australia.
Yep apologies to getting off topic...
lisa wilkinson and co. are looking at least as grubby as the liberal party
possibly cannot blame labor for that, but sheesh, her and hanky head have a lot to answer to
and now she's been caught out with jp too
grubby, racist, and ugly
wow it seems like the laws of physics might be changing or something...another actually readable article on economics by news.com.au, this time talking about why Switzerland escaped the inflation episode. And strangely, again it is repeating the words of an actual economist instead of being the lunatic ramblings of a crackpot journalist:
The nation that is winning the war against rampant inflation and cost of living crisis
Interesting what is said about Switzerland's electricity supply:
"Switzerland is also less exposed to some external factors that have pushed prices higher such as Russia’s war in Ukraine. This is because, according to Prof Karabay, Switzerland’s electricity needs are almost entirely met by hydropower. This means, compared to other European countries, it has been less affected by the volatile prices of oil, gas and coal. Swiss energy suppliers are also largely publicly owned, ensuring they are less exposed to extreme market volatility through financial safety nets, while being subject to stricter pricing regulation."
One thing the article didn't mention is that Switzerland also didn't do a completely out of control, astronomical covid hysteria induced pump of money into the economy, and they've very quickly been able to reverse the tiny stimulus they did because they didn't send their central bank into insolvency:
It's funny how these humble little Nordic/Scandinavian style countries that just quietly go about their business, without getting sucked into global warmongering or extreme neoliberal capitalism, just keep coming out on top of most measures of human development, living standards, quality of life, social cohesion, etc...
It's not rocket science.
indo-dreaming wrote:andy-mac wrote:indo-dreaming wrote:flollo wrote:I just got a letter from my electricity provider that my rates are going up by 50%. What in hell can justify this increase? As of 1/7/23, so not even 2 weeks to go.
Cant be true cause Albo said
"electricity prices fall from the current level by $275 for household[s] by 2025, at the end of our first term".
But but but Labor!! It's all their fault... Pft.
https://www.google.com/amp/s/amp.theguardian.com/australia-news/2023/feb...
Ha ha you should get paid by Labor
Lets be real it was always complete bullshit and just typical labor lies said to suck in gullible people to vote for Labor.
Energy prices were always going to rise and they always will, even if one day companies can produce energy cheaper they aren't going to say okay lets reduce energy bills by $275 they are just going to be stoked on the increased profit margin and i guess reward share holders.
If you want to reduce your energy bill best thing to do is throw some solar panels on your roof.
Except solar panels only work when the suns out and most people consume their greatest energy during non-daylight hours.
And batteries (any decent sized ones to power your house at night) are just way too expensive ATM.
gsco wrote:wow it seems like the laws of physics might be changing or something...another actually readable article on economics by news.com.au, this time talking about why Switzerland escaped the inflation episode. And strangely, again it is repeating the words of an actual economist instead of being the lunatic ramblings of a crackpot journalist:
The nation that is winning the war against rampant inflation and cost of living crisis
Interesting what is said about Switzerland's electricity supply:
"Switzerland is also less exposed to some external factors that have pushed prices higher such as Russia’s war in Ukraine. This is because, according to Prof Karabay, Switzerland’s electricity needs are almost entirely met by hydropower. This means, compared to other European countries, it has been less affected by the volatile prices of oil, gas and coal. Swiss energy suppliers are also largely publicly owned, ensuring they are less exposed to extreme market volatility through financial safety nets, while being subject to stricter pricing regulation."
One thing the article didn't mention is that Switzerland also didn't do a completely out of control, astronomical covid hysteria induced pump of money into the economy, and they've very quickly been able to reverse the tiny stimulus they did because they didn't send their central bank into insolvency:
It's funny how these humble little Nordic/Scandinavian style countries that just quietly go about their business, without getting sucked into global warmongering or extreme neoliberal capitalism, just keep coming out on top of most measures of human development, living standards, quality of life, social cohesion, etc...
It's not rocket science.
Why Australia hasn't followed the Scandinavian model is still a mystery to me. Seems obvious they are onto something. Guess the MCA, IPA etc just have too much power here.
The article has a picture of the RBA's Phillip Lowe grinning like a goose.
Must have been just after he bought $100,000,000,000 worth of bonds at the top of the market to move interest rates by a maasive 0.3% !!!
Laugh! We all.nearly pissed ourselves.
I'd love to be privy to the discussions inside the RBA, and during the meetings between the RBA and the govt and other authorities, when formulating the covid response - who was for and who was against what.
Anyway, the closing sentences of the article are a classic:
But Prof Straumann told CNBC the nationalisation of Swiss energy provision was an important lesson to other countries, particularly those nations in Europe that underwent a broad shift to privatisation and are now paying the price.
“In the medium to short-term, that was a very good idea,” he said of the privatisation of energy supply. “But it’s not very resilient and they are haunted by that now.”
“At the time, many people said the Swiss are too conservative,” he added. “But I’d say in retrospect it was a very good decision.”
This time last year I was doing some uni stuff at a very prestigious Swiss uni, and keeping fit by swimming in a chilly 14-15deg Lake Geneva. As a country I'd say Switzerland is slightly next level in most ways compared to Australia. If only there was surf.
Yes privatisation has been a shocker in so many areas - especially in semi monopolistic essential infrastructure.
Obvious in foresight and in hindsight - even to someone with no economic training. But selling is so easy. Creating and maintaining takes work.
I recently listened to two relatively new federal MPs giving a parliamentary speech describing their recent fact finding missions to New York and Washington. The tone was reverential. They were in awe of the tall buildings, the handshaking, the wining and dining and the tours of the stock exchange and seats of power. It was just a little creepy. Job done the US minders would have thought - we got 'em.
One had the sense that if any smooth talking big suit put something in front of them they would have signed on the spot. Buy the Opera House for a dollar? Sell the rights of all mining titles in Australia for an IOU? Invade China? Sure! Where do I sign......?
That is a hint as to how such stuff happens.
velocityjohnno wrote:When it comes to foreign interference, yep, totally. There is an argument that the 'long march through the institutions' has been completed and that our university system is baring fruit of this. For example, I've been following the Falklands war wrap-up 41 years later, linked in the interesting stuff thread. I note in the diplomacy language that communist China and the USSR frame the UK in 'colonialist' terms in 1982 - you will find EXACTLY the same verbiage from western universities today. They are using communist phrases and attack points; and indeed, describing almost every social and economic issue in terms of 'struggle' and 'oppressed' and 'oppressor' is straight out of Marxism. When one struggle is won, another is begun cos gotta keep activists employed. When even more struggles are won, it gets esoteric and they eat their own: eg the recent protests with trans/feminists/that senator.
A lot of damage has been done and Western institutions periodically go through destruction and renewal. It's the eternal battle between Aristotle and Plato writ large, been going on for over 2000 years... How they will be renewed is the question. Hopefully renewed so generating GDP by other means than stuffing people into an economic system until your target is met.
This was overall a really good comment but I wanted to highlight that particular paragraph. I think you're very right here and it's a good observation.
Seems that many people are possibly not overly aware of the social justice culture wars and communist struggle culture that is spreading through western civilisation, particularly in the US, and particularly on and via university campuses.
The reason commentators are calling it the "fake left" is that it's focused on culture, identity and ideology, in which everything is framed as a communist type struggle against oppression, but in doing so it ignores the actual structural cause of this splintering of society into ideology wars and of the rise of this fake left: namely, just plain old increasing inequality due to society being tilted too far to the economic right.
Societies waver between extremes of economic policy, wealth inequality and social polarisation, like you said. These cycles have played out all through history and are well documented to the point of being flogged to absolute death. Ray Dalio just wrote a whole book on this very topic. But I'm not really sure how closely anyone is actually listening to the lessons of history here.
Policies focused on bowing to this struggle communism via preferential treatment of certain demographic and cultural groups in society are just band aid solutions that ignore the cause. And outright dismissing economic common sense and the central Western institution of a well functioning, balanced, dead centre mixed market economy is even worse and is throwing out the baby with the bathwater. This is the fake left.
The actual left would be focused on removing the structural economic causes of extreme inequality and rise of the culture wars, and focused on rebalancing and centring society economically, knowing that everything else will settle down after that.
And I’m not too sure our ALP is doing that or what it’s focused on.
"The actual left would be focused on removing the structural economic causes of extreme inequality ... knowing that everything else will settle down after that."
That's the most infuriating part of it for me, that people are so busy preening and performing with being a "social progressive" that they overlook class issues and the material aspects involved.
lol, more pants down moments:
"Within the Australian Government, housing policy making is divided. No one agency has overall responsibility for housing outcomes and for forming a strategic view of the housing system."
"Finland has enshrined in its constitution the right to housing, and has a national housing agency, intergovernmental agreements on land, transport and housing, as well as purposeful municipal land policy to ensure affordable rental provision."
Some good reading in the just released Towards an Australian Housing and Homelessness Strategy report by the Australian Housing and Urban Research Institute, calling for a national housing and homelessness strategy.
Did something just happen in the senate today?
And look at all these little dots on the landmark UN project Housing2030's map showing good housing practices, and none for Australia...so embarrassing...
"Embarrassed".?!
Take money out of the equation and pretend they actually give a fck, then yes, they being a rba board member and or advisor would be super fkng embarrassed for getting paid fkn tonnes of money and making things worse.
but they don't care or at the very least can't relate to caring - check out lowe's sentimental advice. "work more, sharehouse harder" hahahha
mouthbreathers
https://www.realestate.com.au/news/housing-shortage-figures-from-unplann...
"An increased shortage of more than 250,000 homes across Australia is on the cards from “unplanned migration”, a new study has found.
The Institute of Public Affairs (IPA) has released research revealing that the Federal Government’s unplanned rise in net overseas migration, to more than 1.75 million by 2028, will create a housing shortage of 252,800 homes."
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Now I know some of you find IPA unpalatable, but imagine trying to catch up those 252,000 homes, good luck Australia!
https://www.youtube.com/@Siteinspections/videos
This channel is a gem if you like to see non-compliance and shitty quality of work.
That channel is sooo good. Laughing
Bob the builder ,
can we bodge it ,
yes we can.
Greens voters can't own inner City property so they gotta campaign for Rental Relief...well durr!
Guess we Qldurrz can & should roll out our worldly Migrants / Rental Rebate schemes.
Not sayin' ya gotta like them...they simply travel the Globe back to here!
Firstly : Rental Rebate is designed to do 2/3 Things...
Each application creates Tradie Jobs & Rebate is passed on in full to State Govt / Councils.
Ya see! One is disqualified from Rebate until first promising to hand it all over to the State Govt & Council.
Renter is merely the middle guy who handles Fed-State-Council accounts & gets fined as rebate don't cover it!
It's all rather dastardly when ya think about it...takes a pure evil genius to make the peasants think they had a win!
You'll find that to qualify for Rent / House rebate it must be a "Stand Alone" Property.
The idea being a stimulus to build more Stand alone dwellings for JOBZ JOBZ JOBZ.
eg: Pensioner / Student in Dorm / Shared Kitchen Laundry > "No Rental Relief"
Granny Flat > No Rental Relief
Students in a shared stand Alone rental can however get tiered proportioned Relief as to dwelling...
The idea of Rent Relief is to pass it on to State Govt for Electricity > Council for Water! (Thank You!)
It's a con! No one gets Rental Relief without copping Utility Bills! (eg: poor people can't pay bills!)
Kinda like Lower Class Welfare to remain a ward of the State in a Council burb...sounds great!...drool!
Even State Govts get caught out by the fine print...Yes! Each new Minister has a brainstorm...easy!
Qld Govt pulled outta Griffith Uni Housing Deal...Why! > Shared Utilities (No Fed Rebate) Oopsie!
Centres for National Resilience share Utilities = (No Fed Rebate> States have to fork out rebates!)
Same reason why Red Cross can't service units or apartments...Coz they lose their rebate!
It automatically becomes a care centre...as in Disabled / Aged Care complex...No Rebate!
Unis / Fed Utility Facilities don't qualify as Separate Dwellings for Rebate...States spew...Like...Fuck! Shit!
Please don't tell the media about this...
So states are at the mercy of their Donor whiteshoe developers for Stand Alone Rental Relief.
Qld Olympics has fast-tracked ~ (Build 2 Rent) Pilot Scheme (25-45 y/o growth market)
Bne / Mbne / Syd / ACT 'Build 2 Rent' inner city Pilot Projects
Mirvac Introductory B2R > Touches on Govt Tax Breaks / assist rentals!
At first this Vid comes across as Time Share Scheme meets Body Corp but it's next level B2R.
JG reckons 25% US rent this way & UK took off real fast...
JG is all over B2R / Assistant / Questions are on point & offer great insight into B2R model!
Viewer will learn a lot about B2R real fast, recommended for any inner city renters to get up to speed!
Home Builder Program Supply rorts bankrupted all the small fry & Ramped interest rates...
Now Big Developers bully the desperate Govts to cut Red Tape to meet back supply orders.
Got that! Each Govt scheme that fails puts extra pressure on Govt to kiss King Pin Developers arse!
Like this + Tax breaks / No Bond / No Car [P]
All now covered by Pizza Guy & app Services- Transit / Pools / Appliances / Security
Kinda like...Low locked in Rent but mandated high Servicing fees for every blink & breath you take!
eg: You pay to choose from their Paint Brand Colour scheme & book their Painter (Same all round!)
They promote long term lower cost rentals but shy away from long term contracts (re: All Access?)
tbb thinks ya might get creep'd out if "The Commune" has been over servicing yer unmentionables!
B2R : o/s Developers poach inner city Crown Land Blocks for Yuppie Migrants / o's Student Rentals
2022-'26 : 25,000 B2R cbd units (60% Mbne)
Feb 2022 : 5,000 units underway
2022 : 2,300 units (Bne 3 hi-rises) 1,200 ($ Migrant rentals) + 490 Govt assist Qldurrz
2024 :10,500 units
Feb 2022 B2R Partners Group Bne = Tate 'Think' HQ have rights to Olympic & Global VIP Gigs.
Basically Qld Govt are obligated by Tate to house Think cbd Migrants to Host our Olympics. Tough Gig!
Qld (B2R Pilot)
Concessions for Developments with 10% / 20 years Affordable / NDIS Housing Component
50% Land Tax Discount > 20 years
0% Land Tax / Surcharges for Foreign Investors + AFAD exemption + transfers > 20 years
https://www.mcw.com.au/build-to-rent-tax-concessions-in-queensland-boost...
Financial Review has heaps of B2R Govt / Company Plans but they just hived it behind Paywalls.
tbb has more info from that...but we can skip that as it's changing pretty quick.
Some variations > (Examples)... tbb thinks these will change...not locked in.
There are some 3 year Lease Rental Contracts...not mentioned as the norm.
Build 2 Rent (10 years rebated Rent 2 Buy options) This gets talked down...
Qld Lend Lease "Housing Developments" where Renter buys House on same Weekly Rent Payments!
No one is saying B2R is a full on Govt Rental Scheme as it's designed for Yuppie Migrants > Visa Students!
Migrants account for 60-80% of Oz cbd Populations so it is what it is...takes the heat outta Silly Season
https://www.abs.gov.au/ausstats/abs@.nsf/lookup/4102.0main+features102014
tbb can serve up a slick yuppie Briz Vegas Greens Voter B2R Promo.
Apartment Includes : Expert Parcel Handlers / Scooter Share / Fully Qualified Plant Waterer...
Greens be like drooling over a rental rebate at this inner city Gig!
https://www.canvasliving.com.au/
yes VJ, the IPA is very right here.
The ALP's massive immigration intake is a betrayal of the very Australian people it's supposed to represent by exacerbating the rental and housing crisis.
If the ALP truely had its voter base at heart, every $1 being spent on aukus would be redirected into:
- a full blown "post-war" housing construction effort to ensure that all Australian people can afford to rent and buy a home,
- a big government investment in clean and renewable electricity generation that floods and crowds out the national electricity market, converting Australia's electricity generation to renewables to achieve net-zero and no longer be at the mercy of global resource prices, and
- another huge "post-war" investment in infrastructure and essential services in Aboriginal communities.
In light of the immigration intake, the ALP's housing policy that just got shot down in the senate is a fake left virtue signalling coverup and deflection.
The massive covid lockdown overreach and consequent helicoptering of money into the economy, along with the war in Ukraine, are the root causes of the covid inflation, cost of living and house and rental affordability crises, which the ALP is now doing a good job of worsening with immigration.
Yet all of the ALP-aligned media (particularly the ABC), think tank and political commentary is hellbent on continuing to deflect and divert responsibility and accountability away from the actions of governments and onto culture wars type themes of the cause of the inflation, housing affordability and living costs crises being corporate profits, executive pay, ineffectiveness of monetary policy and economics in general, etc, all driven by out of touch privileged white heterosexual Christian boomer male oppressors, particularly those at the RBA.
On a positive note however, inflation is basically now a non-event in the US (seems that monetary policy actually works...), and it's common for inflation in Australia to lag the US by 3-6 months:
And a few days ago I found a graph of commodity prices that goes back to 1980 and gives a very good perspective of the relatively unprecedented spike in commodity prices we just lived through. The green line is coal prices and black is natural gas:
With businesses struggling to find workers, recession looming, AUKUS bills due, high debt, stagflation and parliament pre-occupied with everything but economics, the get out of jail card of mass immigration is an easy one to pull out of the monopoly board.
No need to debate, draft a policy, pass a law or even think much - just shift unapproved / undebated levels or quotas behind the scenes at departmental level - open the door wider.
Puts a floor under house prices and all those multi house investment portfolios of the MPs.
Easy (lazy) economics with quite a few unintended consequences. Leaves lots of time to debate other stuff.
Yes and that raises the point of the other fallacy and hypocrisy spewing out of the left-aligned propaganda bureaus right now, which relates to the attacking of monetary policy for supposedly being ineffective and a "blunt tool" that disproportionately and unfairly hurts struggling Australians:
By putting a floor on house prices and rentals (actually sending them back up again), and overall increasing economic activity, immigration is directly working against the efforts of the RBA to reduce inflation, particularly by increasing economic activity and the paper wealth and rental cashflow of the landed gentry, thus enabling them to just keep on spending, and hence strongly contributing to the RBA having to raise interest rates more than hoped.
Yet the left-aligned media is attacking the RBA for raising interest rates, by echoing a sustained case that monetary policy is supposedly ineffective and unfair, and that all of economic science is out of touch and just conspiracy theory designed to oppress the weak and poor...
Pure disinformation, smoke and mirrors and misdirections.
Central Banks including the RBA have been running with interest rates at near if not zero for a sustained period. You carry on like they are innocent players in all this. Of course, they are not exclusively responsible, but they do carry blame along with governments and their stimulus packages for where we are now. Businesses and Boomers (generally) have profited at the expense of everyone (generally) else. Wages are falling. interest rate rises to date have had nil impact on the masses purchasing non-discretionary expenses (energy, food) nor on the debt free boomers continual discretionary spending. Thats' just how it is. To deny this and defer the somewhat blame from central banks is "pure disinformation, smoke and mirrors spewed out by hypocritical alt right out of touch privileged white heterosexual Christian boomer male oppressors'.
edit. (I forgot to use woke)
Just going back to dodgy builds, here is some bathroom with a novel cure for a leak: smashing weep holes at the base of the shower wall
A great channel to learn how not to build. Our shower had small leaks after not being done properly from new with poor grout in the base, they came back twice and did not fix it, I ended up ripping up all the grout in the base with my dremel of all things, and epoxied the bastard with my surfboard building skillz, result, the base seals.
gsco wrote:yes VJ, the IPA is very right here.
The ALP's massive immigration intake is a betrayal of the very Australian people it's supposed to represent by exacerbating the rental and housing crisis.
If the ALP truely had its voter base at heart, every $1 being spent on aukus would be redirected into:
- a full blown "post-war" housing construction effort to ensure that all Australian people can afford to rent and buy a home,
- a big government investment in clean and renewable electricity generation that floods and crowds out the national electricity market, converting Australia's electricity generation to renewables to achieve net-zero and no longer be at the mercy of global resource prices, and
- another huge "post-war" investment in infrastructure and essential services in Aboriginal communities.In light of the immigration intake, the ALP's housing policy that just got shot down in the senate is a fake left virtue signalling coverup and deflection.
The massive covid lockdown overreach and consequent helicoptering of money into the economy, along with the war in Ukraine, are the root causes of the covid inflation, cost of living and house and rental affordability crises, which the ALP is now doing a good job of worsening with immigration.
Yet all of the ALP-aligned media (particularly the ABC), think tank and political commentary is hellbent on continuing to deflect and divert responsibility and accountability away from the actions of governments and onto culture wars type themes of the cause of the inflation, housing affordability and living costs crises being corporate profits, executive pay, ineffectiveness of monetary policy and economics in general, etc, all driven by out of touch privileged white heterosexual Christian boomer male oppressors, particularly those at the RBA.
On a positive note however, inflation is basically now a non-event in the US (seems that monetary policy actually works...), and it's common for inflation in Australia to lag the US by 3-6 months:
And a few days ago I found a graph of commodity prices that goes back to 1980 and gives a very good perspective of the relatively unprecedented spike in commodity prices we just lived through. The green line is coal prices and black is natural gas:
Yep re: the inflation in the US being fixed, we reached that conclusion recently when looking at most commodity charts (in USD), most have been smashed to lows/bottoms so the conclusion we made was the Fed won. However, there was a little bit of spiking off the floor I saw last week, wonder if this will take off and cause them to whack-a-mole more: too early to form a view on this though for me. If they take off, this could become the Arthur Burns show which won't be fun but will have opportunities. My 2c again, not financial advice ra ra ra
I'll diverge on the subs and say they'll be needed given the enormous military spending everyone else is doing (how did the Dutch pacifist government of the 1920s go in provisioning it's East Indies military resources by 1942, and what happened to them?), and the subs' unique way of stopping naval battle groups in their tracks a la General Belgrano and it's exocet armed mates in 1982.
That commodity chart is unreal btw. Lucky for Australia it has a fully diversified, resilient economy for afterward /s
wilhelm comes through with the standard fake left cancel culture and communist guerrilla information warfare tactics of attacking and discrediting the source.
And damn Bonza, I hadn't used "woke mind virus" for a while, lucky wilhelm did. It always adds such melodramatic effect.
But I actually agree with what you said except putting the blame on central banks. It's not their fault:
Central banks have operated for the past few decades in an environment of economies shifting further to the economic right (except for smart countries like say Switzerland). The political ideology driving this movement is a blind worshiping of the power of free and private markets.
But importantly, the belief was that by creating stable economics conditions and an overall economic and commercial environment conducive for businesses, businesses and the private sector more generally would automatically "solve all of society's problems" and particularly invest significantly in technology and research and development, and hence make great strides in productivity growth and hence real wages growth. Goes without saying that it didn't happen.
And this is what the RBA is also currently trying to say with productivity. And it's a fallacy that now the fake left is now coming out with its disinformation campaign attacking productivity and the RBA's advice by saying that "productivity isn't important" or that it "doesn't measure anything" or that it's only relevant for "people working in the factories of the 1800s"...
Well let me tall you why productivity is so important.
The study of developmental economics asks the question of what are the most important drivers of the welfare, living standards and overall quality of life outcomes of a country, not just economic outcomes but also health, life expectancy, environmental, educational, social cohesion, corruption, institutional, etc.
And the answer they keep coming back to is real GDP per capita, or looked at from another perspective, real income per capita: simply the total output of the economy over a period divided by the total number of people, adjusted for inflation. This in turn is driven nearly solely by productivity growth:
Real income per capita is the total income of everyone earned over a period added up in the economy divided by the number of people, adjusted for inflation. In other words, it's the total wages paid to everyone over a period, divided by the number of people, adjusted for inflation.
Labour productivity is just the total output of the economy over a period divided by the number of human hours worked to produce that output. If people produce more total value or output per hour worked, they are being more productive.
When people are more productive they are able to be paid higher wages or income (real wages growth), which translates into higher GDP per capita and into higher quality of life, living standards and welfare outcomes.
The RBA is currently saying that the private market is unable to produce the productivity and hence real wages and living standards gains and outcomes required to improve our living standards all by itself, without government help and investment. The government needs to give the private market some help.
The fallacy of the fake communist left in Australia by attacking productivity and the advice of the RBA is that this advice is of course a very centre-left economic recommendation by the RBA, but the left in Australia is rejecting it and waging an information and propaganda war against the suggestion.
What a complete fucking joke.
gsco wrote:yes VJ, the IPA is very right here.
The ALP's massive immigration intake is a betrayal of the very Australian people it's supposed to represent by exacerbating the rental and housing crisis.
If the ALP truely had its voter base at heart, every $1 being spent on aukus would be redirected into:
- a full blown "post-war" housing construction effort to ensure that all Australian people can afford to rent and buy a home,
- a big government investment in clean and renewable electricity generation that floods and crowds out the national electricity market, converting Australia's electricity generation to renewables to achieve net-zero and no longer be at the mercy of global resource prices, and
- another huge "post-war" investment in infrastructure and essential services in Aboriginal communities.In light of the immigration intake, the ALP's housing policy that just got shot down in the senate is a fake left virtue signalling coverup and deflection.
The massive covid lockdown overreach and consequent helicoptering of money into the economy, along with the war in Ukraine, are the root causes of the covid inflation, cost of living and house and rental affordability crises, which the ALP is now doing a good job of worsening with immigration.
Yet all of the ALP-aligned media (particularly the ABC), think tank and political commentary is hellbent on continuing to deflect and divert responsibility and accountability away from the actions of governments and onto culture wars type themes of the cause of the inflation, housing affordability and living costs crises being corporate profits, executive pay, ineffectiveness of monetary policy and economics in general, etc, all driven by out of touch privileged white heterosexual Christian boomer male oppressors, particularly those at the RBA.
On a positive note however, inflation is basically now a non-event in the US (seems that monetary policy actually works...), and it's common for inflation in Australia to lag the US by 3-6 months:
And a few days ago I found a graph of commodity prices that goes back to 1980 and gives a very good perspective of the relatively unprecedented spike in commodity prices we just lived through. The green line is coal prices and black is natural gas:
could the US inflation be dropping compared to Australia due to two main things: electricity pricing and housing affordability? Both of which Australia is out of control compared to the US. And given electricity retailers are increasing their prices upwards of 50% I honestly can’t see Australian inflation dropping for some time to come. So our friends at the RBA will be left with no choice but to keep the pedal flat to the floor and raise the cash rate. As I’ve said I wouldn’t be surprised if we see the cash rate over 5% before the end of FY24.
I'd have to look into it Don and then think of a way to say it concisely, but I need to get some work done just now after my little essay
All good gsco. I have a question. What will happen to AUD/USD if Aussie cash rate rises above US cash rate?
the most coherent and accurate answer is actually it's really just not possible to forecast things like that since prices will already reflect these things
Working from home has created a massive productivity boost for Australia. We all deserve pay rises.
Just ask these weekday punters:
Your refusal to link appropriate proportional responsibility or question RBA methods (e.g. inflation targets, wages) using hyperbolic attacks on media, culture, government and individual intelligence is baffling to me. I'm not necessary saying you are wrong on the later, just tone deaf on community anger and questioning.
Tone deaf is not listening to the RBA, and instead waging war on it and trying to undermine it. It's a disservice to the Australian people. I'm happy to take the other side of the argument.
The current rise in interest rates was bound to happen. It is a reversion to mean / reality after being way too low.
Not really something to beat the RBA up about.
All central banks are at fault, however, for:
- the distortions caused by a decade of ridiculously low rates
- facilitating covid stimulus policy excess
- destroying their balance sheets for minimal benefit with QE (buying bonds at the peak of a multi decade bubble). Buy high, sell low is what mug punter investors do.
- not spotting inflation earlier
This stuff is their core business - being supposedly the economically literate adults in the room.
.... and they got it wrong.
As Stavros the Goat F@@ker said about his nickname, you f@@k one goat.....
House prices - going to go up , down or sideways ?
Opinions and anecdotal stories if you could.
Cheers