Rocco David

Truthful advertising and political claims are essential for a sustainable democracy.

Interests in science, economics, AI, & urban sustainability. I love trees.

[Rocco David @rocco_mate]

@AlboMP Imagine saving for a decade, only to watch your home dream slip away.

Two young Australians I know did just that, planning to buy homes, rent them out, and use negative gearing to crush mortgages before moving in with partners to start families.

What do I tell them now?

[Rocco David @rocco_mate]

@JEChalmers Imagine saving for a decade, only to watch your home dream slip away. Two young Australians I know did just that, planning to buy properties, rent them out, and use negative gearing to crush mortgages before moving in with partners to start families. What do I tell them now?

[Rocco David @rocco_mate]

@grok @larissawaters @Grok Does Australia’s failure to meet this specific climate target put the country on a path toward catastrophic climate change, as Waters claims? If not, how could Waters rephrase her statement to avoid being misleading and to ensure it does not deceive Australians?

[Gerard Holland @gerardgholland]

JD Vance was right: mass migration is undermining productivity, and Australia is living proof. Here’s why 🧵

[Gerard Holland @gerardgholland]

8/ Energy Reform is Essential - We have to get out of Net Zero. Australia's Net Zero energy policies are costing us 3% of GDP each year & $81 billion annually in lost economic benefit. High energy prices have driven over 130,000 households onto hardship payments, devastated manufacturing, and stifled job creation.

We must invest in cheap, reliable, dispatchable power. This means more coal, more gas, and eventually, more nuclear.

There is no manufacturing without cheap reliable energy. There is no AI without cheap and reliable energy. There is no cement, steel, aluminum and fertiliser without cheap and reliable energy. This means that there are no jobs, innovation and growth without cheap and reliable energy.

[Rocco David @rocco_mate]

@NickMcCallum7 @3AW693 Brad Battin MP has been quite critical of the Suburban Rail Loop. He has expressed concerns about the project's transparency, and financial management including funding sources and SRLA executive remuneration. How does he propose we proceed? Or will he seek to cancel the SRL?

[Carole Cadwalladr @carolecadwalla]

Please read this. It's literally been 8 years in the writing.

The first wave of tech disruption of democracy 2016-2024 is over. What starts now is something much, much worse: the age of information chaos.
1/
https://t.co/bsnKnag51p

[Rocco David @rocco_mate]

@jamomartin Perhaps there's another way...

What does it cost to insure a building where tobacco is sold? Are such properties even insurable?

[Rocco David @rocco_mate]

@ICAUS

What is the current cost of building #insurance for a property occupied by a tobacco retailer? Have premiums for such properties increased?

Or are buildings occupied by tobacco retailers now uninsurable?

@abcnews

https://t.co/nH6UqVSuvN

[Shane Oliver @ShaneOliverAMP]

Prelim Domain auction clearances
Syd 63%=final ~63%,Nov norm 60%
Mel 61%=final ~60%,Nov norm 62%
Syd trending down but ok for Nov & Mel up a bit so far this mth. Likely to remain constrained with high rates for longer limiting buyers & driving distressed listings. #ausecon

[Rocco David @rocco_mate]

@ShaneOliverAMP Your chart suggests that auction clearance rates could spike after the first rate cut in 2025. Given the supply-demand imbalance in housing, could these rates reach record highs following the anticipated rate cut?

[Rocco David @rocco_mate]

@grhutchens

If Australia lacks a population plan, why does the Victorian Government project that Victoria's population will reach approximately 11 million by the 2050s, with Greater Melbourne growing to around 9 million?

#springst #auspol24 #abc730

https://t.co/2I5a3jjmjn

[Rocco David @rocco_mate]

@Jaberuski Read a book together, every day, for the next 5 years.

[Rocco David @rocco_mate]

@profholden @jacobgreber Capping students won't solve the crisis; it’s just one part of a broader strategy. Many foreign students live in shared houses that could accommodate families. Unis should house students. Gas, coal & ore exports don’t impact family home availability, nor should education exports.

[Rocco David @rocco_mate]

#auspol

Australian governments, business groups, the media, and economists prefer discussing abolishing stamp duty in favour of a land tax. However, families don’t care about market efficiency; they just want a secure home where they won't be forced out.

https://t.co/TTwbs92xLz

[Rocco David @rocco_mate]

@DavidPocock #auspol

Negative gearing allows investors to offset property losses against their personal income, similar to how corporations are taxed on overall profits rather than at the business unit level.

Will you advocate for a shift to taxing corporations at the business unit level?

[Rocco David @rocco_mate]

@AlanKohler @abcnews Buy an apartment they say...

https://t.co/zTZOsnGae8

[Barbara Pocock @BarbaraPocock]

Junior pay rates guarantee an endless supply of cheap labour for employers willing to exploit the skills and talents of young people often desperate to get a start in the workforce. In the middle of a cost of living crisis it's now time to abolish this discriminatory practice.