@MarkoMatvikov Yes. Stamp duty was never intended to become ~5%. It has now become an enormous impediment to the natural deployment of housing capital. The state govts have become addicted to the stamp duty teat.
@AvidCommentator It is inconceivable that either of them (politics aside - leadership qualities) was or is the best equipped person to lead Australia, then or now.
We see this phenomenon pretty much world-wide. The lukewarm grey sludge of kakistocracy.
@KosmosNous@wealthmoose War does not respect lines on maps. The USA cannot and will not ever accept Canada being allied with its foremost enemy. North America, from a military perspective, is one target, one defensive position.
@SimonBanksHB@Barnaby_Joyce Doesn't cost him a cent. All MPs get invited.
Nothing to see here folks. Except possibly someone who hates not having been given a black card.
@ChrisEconomist You don't mention the primary reasons. Out of control government spending and increasing money supply far faster than economic output. This extra spending of people's own capital on capital assets will have minimal impact.
@tompanos Rubbish. Our property is at least 25% too expensive. While a drop will result in some pain in resetting, it will create a fairer future for those who still have to buy - typically younger people. We should have thought this through before setting the policies that caused this.
@simongerman600 '...while Gen X and Millennials voted majority for the far right.' This is the opposite of what young Western people usually do. There is more to this than Saxony-Anhalt being backward as you portray them. Maybe they now realise the Left has nothing of lasting value to offer...
@SaiKate108 'Already Australia has one of the highest cancer rates in the world. More than double China.'
Source? Presumably you don't appreciate that the rate of diagnosis in better, more accessible medical systems is far higher than the opposite.
@GvanOnselen Sometimes the consensus is 100% wrong. The new map improves the size distortion - but now shapes, angles and distances are wrong. Progress?