Aus_Econ

Rba wet the bed all of a sudden.. will be forced into another embarrassing credibility shredding backflip in a few months

Australias grid consumed half the gas we did 15 years ago - there has never been a real shortage of gas. We just export it all by design and the gas industry uses their created problem as an argument for more gas licenses, all to also export

Agree. But even replacing 80 studios with 34 multi bedroom apartments is very likely more housing, and that’s good

So glad I left - it’s too quiet here but it’s an absolute mess over there

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@cityofsydney.bsky.social

And yet our rba is now saying they’ll be raising rates in 2026. Doesn’t add up

So we want first homes to fall, but the next homes they’ll need to have families to rise beyond their reach? And this is celebrated policy in our country?

Sorry yes got the maths wrong - assuming 2 people per house we need about 380,000 other homes built in that 21 months. Anyone know if we managed that?

In that 21 month period net migration has been approximately 762,000 additional people. So we only now need 762,000-443=761,557 additional homes

I like the sentiment but hasn’t inflation been more than this?

This is a chart crime surely

Commodities don’t have market caps

Cmon Jim you guys must all know that this will simply make homes less affordable in the future as prices rise in response to this policy. It’s a bit sociopathic to say you’re making it easier

…it’s the same phone

Is it fair to say this election has basically served up the same 💩🥪 as the last election?

He’s going to gaol… surely he can’t be a sitting MP if he is in prison unable to vote on legislation or fulfil his role?

Does this mean they will discontinue the quarterly cpi?

NSW Libs could win a lot of votes if they basically ran on a platform of continuing to build the same sort of metro they just completed. Link tullawong to st Mary’s for instance. Or city to Zetland. Huge vote winner but they seem to also be shying away for some reaosn

Because we have entitled lazy poor tradies

What should be done?

Is anyone actually asking?

Also gas use in our grid is less than half of what it was 15 years ago and we extract a lot more gas, so someone is lying (it’s the gas lobby)

Did you have any requests or is this just precautionary

Might it be a definitional issue - like Canada and Aus take in a lot of students, might be distorting the figures?

Meanwhile Aus 60,000 years

Woollahra Council are having a massive sook over plans for more housing directly behind Edgecliff Station. They say one of the richest parts of the country has enough housing already, and moan about traffic and heritage.

Have your say:
www.planningportal.nsw.gov.au/ppr/under-ex...

What’s happening with NSW senate Kevin?

Two thirds?

He’s back! Post on here more Kouk