The chance of successive government's not adjusting the tax brackets prior to 2038 is approximately 0. It's the favourite thing of a treasurer to do. https://t.co/i3LY7yJEzW
Interestingly there is a reasonable *correlation* between financial stress and the RBA cash rate for both mortgagors AND renters. Slightly stronger for renters! *many other things going on tho so not necessarily causation.
Not surprising except for those who assume Jews are driven by one issue. Keep in mind that 4 out of 10 US Jews agree with El-Sayed that Israel committed genocide in Gaza, and a majority back cutting aid to Israel.
In the pro-Netanyahu demonstration today, one of his supporters threatens left-wing Jews: "We’ll beat you. You’re the first enemies we’ll send far, far away, to Birkenau, to Auschwitz, and we’ll rebuild Sobibor for you!" Israel 2026. The Jewish state.
The antisemitism envoy told the Royal Commission that Gaza’s death toll was “grossly inflated” and that the UN accepted this. The UN said otherwise. When I asked she said she “notes” the UN’s views.
Name any other country on earth where a minority voting is framed as an existential security threat & where no one from that minority is allowed into government.
That's NOT a democracy, it's a majoritarian tyranny using the spectacle of election as a fig leaf to cover apartheid!
This is a shame. The Business and Lateline (axed years ago) for mine were the 2 best current affairs programs with serious interviews and a dedication to informing and understanding as opposed to the gotcha/fluff seen mostly elsewhere.
BREAKING: The U.S. is now preparing to completely abandon Gulf countries, as Trump envoy Tom Barrack directly warns Gulf allies that Washington can no longer guarantee their security indefinitely, telling regional officials in Doha that they must take responsibility for their own defense, signalling the end of the U.S. security umbrella in the Middle East, per the Wall Street Journal.
Barrack said the 80-year-old U.S. security-for-oil arrangement is no longer sustainable, pointing to regional defense partnerships as the way forward. The warning comes as Gulf states face Iranian strikes on U.S. military infrastructure and growing uncertainty over Washington’s future military commitment to the region.
The 10 IDF soldier testimonies in the new Der Spiegel article are each sickening in their own way.
One detail: The IDF classified "military age" males as "terrorists" which "could mean anywhere from 16 to 60."
I immediately thought of Srebrenica.
Read the article. Link below.
For all the drama around interest rate changes for the ~30 years we have good financial stress data (ABS/Hilda) it barely changes as interest rates change. Arrears rates same. Both lower today than 2000.
@MarkDiStef This part would suggest not many are falling behind on repayments.
“Negative equity is insufficient to trigger default if borrowers remain able to service their loans, which remains the case for the vast majority of these households,” said the RBA.
Concerned many people may actually think a small budget deficit (eg $680b revenue vs $700b spending) in a $3000b economy actually matters. GDP, unemployment, inflation these macroeconomic stats matter.
What makes the Covidian lesbian bar story so appealing is its quintessentially American and specifically New England character: a remote sect of true believers trying to preserve the old faith, but consumed by vicious factional conflicts over how to live up to its strictures…
Israeli soldiers took a PR photo with a Palestinian grandma and when they were done, they shot her in the head and executed her.
What a sick and deranged country.