@BankofIndia_IN Hi
@BankofIndia_IN
please help update on CMS Complaint - N202627009021240 - BOI - BI2627116100251008 No response received from bank till date except asking to close the complaint. Thanks
@BankofIndia_IN Hi @BankofIndia_IN
please help update on CMS Complaint - N202627009021240 - BOI - BI2627116100251008
No response received from bank till date except asking to close the complaint.
Thanks
Honestly, I think this is the beginning of the end for the Australian Property Ponzi Scheme.
This energy supply shock is unprecedented and will cause massive inflation, at the same time job losses triggered by AI are just beginning.
Who wants to square that circle?
Are they going to raise rates and bankrupt home owners, or print money and subsidise the Ponzi scheme?
How much money will they have to print to plug that hole?
The RBA will probably play with the one tool in their toolbox and increases rates, but eventually the government will see the crisis unfolding and end up subsidising home owners and renters with fake printed currency.
Nominally house prices might even go up, but in real terms they'll go backwards.
It's over.
There's no coming back from the series of events that now seem to be in motion.
Who the FK is retarded enough to spend a million bucks on a dogbox in this environment?
We are an economy built on quick sand.
Massive change is on the horizon.
'CBA probes $1b in suspected fraudulent home loans, calls in police'
The countryโs largest bank is working to assess how many loans have been secured based on doctored applications, including documents created using AI' #ausbiz $CBA https://t.co/JL6v0FdX1G
226 politicians in Canberra.
On average, entitlements are over $600k each.
They are in Canberra 60 days per year.
Imagine what the bureaucrats are rorting.
Imagine what union heads are rorting.
Imagine NDIS & aboriginal industry is rorting.
God, we need an RC into Gov't
What a bargain young Aussies are getting!
The average Sydney home is 1,521,611
A 5% deposit is 76,080
Total borrowing (leaving aside stamp duty, legals etc) = $1,445,531
A bargain.
Your average young couple will be paying at least $8,000-$10,000 in mortgage repayments.
Totally do-able.
A $1.5 million first home can be bought up with only a 5% deposit under the Government's new caps.
- A $1.5m home over 30 years with a 20% deposit:
$1,660.38 p/w
Interest total: $1,390,000
- A $1.5m home over 30 years with a 5% deposit:
$1,971.46 p/w
Interest total: $1,650,000
First home buyers are getting slapped with an extra $260,000 in interest.
The only people this scheme helps is the BANKS.
@FairAusADV Do you know we still charge 5% tariff from the overseas car manufacturers initially laid for protecting local car maker Holden.
Itโs not called zombie tariff or 5% passenger vehicle tariff
We are governed by retards
Anthony Albanese has told an Aussie reporter โdonโt verbal meโ after she questioned him over an eye-opening Donald Trump assertion he made in April. ๐๐คฃ๐๐คฃ๐๐คฃ๐๐คฃ๐๐คฃ
Tony Albanese become aggressive with a reporter when asked why he claimed Trump doesn't have a mobile phone.
Albanese lied and said "I didn't say that" then tried to claim it was a joke.
I'd say the nerves are getting to him. He now has a meeting in the oval office, and he's seen what happens
ICYMI: Dirty Secrets Edition - Aged Pension & NDIS will sink Australia.
In 2016, Turnbull entered into the Australia-India social security agreement
Within this agreement, Australia and India would provide RECIPROCAL Medicare and Social Security benefits between the two countries, INCLUDING the Aged Pension.
Why was a reciprocal agreement needed when the flow of migrants was entirely asymmetric towards Australia?
At that time, Indian migration was less than 40,000/year and generally working aged. Itโs now clipped over 100,000 bringing the total Indian population to over a million in 2025.
Since that deal in 2016, India has been the largest source of migrants for the last 10 years. Why?
Fast forward to today, with just 12% of all migration being โskilledโ, the balance exist on various visa including families and the aged parent visa, which allows parents to stay indefinitely.
Citizenship is not required, nor is Residency. Just a permanent visa, including the aged parent visa subclass 804 which also entitles Medicare access. You only need prove youโve been here for 10 years or as little as 1 if you paid into an insurance pension in India.
There is no Newly Arrived Resident's Waiting Period (NARWP) specifically for Age Pension.
Further to this, the NDIS scheme is also open for Indian migrants, including permanent visa holders.
Essentially, Indians who have paid NO TAXES are entitled to aged pensions that AUSTRALIANS have paid taxes their entire life for.
Our Aged Pension bill is currently $60bn, set to hit $120bn by 2035
Our NDIS bill is currently $40bn, set to hit $140bn by 2035.
On these two benefits alone, within just 10 years, their cost to TAX PAYING Australians will have increased by $160bn, to 260bn in 2035.
There will be NO aged pension for the Australians currently paying the tax which covers the pension and Medicare by the time most working Australians retire.
Why are Australians being forced to pay welfare costs to people who NEVER contributed to our tax base?