Hello @abcnews . As an Australian taxpayer living in regional Australia, myself and everyone I speak to is doing it very tough due to the price of Diesel. Due to the price, we have become stranded. Our regular town runs have gone from frequent to infrequent. We feel isolated and forgotten.
Regional Australia suffers with the highest suicide rate per capita. Farmers go down the paddock and never return. I fear being cut off from town, due to the fuel cost, will add to this toll.
I urge you to run news stories on this.
Thank you.
@scottmelker Everyone is always early to call it. We will only know if any of it’s true once we hit new ATH. Otherwise the cycle still just stays intact (whatever that means)
Fun Fact:
When house prices fall, less houses are built, as developers stop building.
Lower prices + unchanged construction costs = fewer new homes.
Locking in a housing shortage for longer.
Maybe you, @JEChalmers & @AlboMP need to sit through first-year economics, particularly the bit where they teach supply and demand. #JoinWARonCGT #StoptheCGT
@scottmelker Come on!? you didn’t lead with the fact that he quoted Satoshi. Who on their bingo card had the secretary of the USA Treasury quoting Satoshi?
@crimetobehonest@KirtanShahCFP I believe we are agreeing on the same point. He is inferring home loan rates are variable but they are actually fixed. Same with the housing market becoming frozen. Not many want to sell who are already in the market and those waiting to enter will defer until rates come down
@crimetobehonest@KirtanShahCFP Yes in the US home loans are fixed. What higher rates do is freeze the market because no one with a 3- 4% rate wants to sell and get locked into 7%
Sento dire spesso: «ma se non hai nulla da nascondere, perché ti preoccupi?». Rispondo sempre uguale: la privacy non serve a nascondere, serve a esistere. Nessuno mette una porta in bagno perché dentro succedono crimini. La metti perché alcune cose sono tue, e basta. Chi confonde trasparenza con sorveglianza non ha capito né l'una né l'altra.
Calling this a “strong labour market” while government funded jobs do the heavy lifting is like bragging your house is warm because the curtains are on fire. #aus#inflation#stagflation
Exactly, in what world will they eat the cost and not pass it onto the consumer. This also creates the further window of opportunity to add on a couple of basis points over and above and blame it on the ruling
That‘s fair for the drivers - but it won‘t Coles or Woolworths paying for it - it will be consumers paying higher prices at the check out.
Another consequence of the Net Zero madness.
@RositaDaz48 I liked the old rule that used to exist back in the Roman days. Engineer? Stand under the structure when they removed the support. It holds, legend, paid handsomely. It fails, well you get the picture