I left 6 years ago for Asia. Never looked back. My resting heartrate has significantly dropped, anxiety is gone. I feel for my sister who's stuck with a mortgage.
@griffin1366 I feel for my brother and sister who are both just under 30 with literally no hope for the future. They just keep doing the day to day without even thinking about it yet they are not moving forward at all
No Parties. Only independents. Teal, Green GAP or 1 Nation be just as tied in Same Problems. They pick the most popular two and make a dialectic out of it. Give you a coice between a moron or a criminal.
People need to stop voting completely, and put their efforts into grass roots community organising, etc. You will never vote your way out whomever you vote. Most of the minors are under the same rulers/interests.
$600 million to PNG for a football team. It is all by design... definietly no money laundring going on there. All foreign aide should be cancelled. Foreign aide to India and they have a SPACE PROGRAM.
Breaking News! Backpacker lost while wandering a bush trail!......Breaking news! Top news! Backpacker found! Tears of joyyyy hugs within the family, wow what a new story, dont worry about the important things.
I grew up in Australia during the good times (1980s). My folks bought a large 4 bedroom house for $25,000 (just on the outskirts of Perth), and paid it off within 5 years. Neither of them were university educated, and they worked menial jobs (cleaner, waitressing etc). Those days are long gone, which is why I got the hell out. Thankfully it was easy for me as my wife's from Russia. We moved to a shitty area in Russia (low crime, beautiful nature, fresh air, good food, good fiber internet, but still has dirt roads), bought a large 3 bedroom house for $15,000. It was better than the alternative - going bankrupt in Australia and being kicked out onto the streets. I feel like a huge weight has been lifted from my shoulders. On top of everything else, I feel a lot "freer" here (as odd as that may sound). Russia is nothing like what the mainstream media tell us it's like.
Tell us more mate - sounds almost like paradise - what's the weather like? I like Russians anyway and always have - seem to have a great sense of humour and practicality - also patriotic.
I know what you mean about the freedom. I’m from Macedonia and love going back to the Balkans. It’s beautiful, cheap and you really feel a sense of freedom because every breath or step you take is not regulated by the government. We still have properties there and lately I feel that place calling me more and more, even though I’m well off in Australia, I feel like this place has lost its identity. There’s no patriotism and nationalism in Australia. Nobody cares about this country, and there’s fewer and fewer reasons to.
That's what happens when you bend the knee to corporations rather than your constituents. Vote the majors last, put minor parties first. Cut off the gravy train for the big three (labor, libs, nats).
I moved 10 years ago to work a corporate job in Thailand. Free transport to/from work. Free lunch. Free medical. Free insurance. I live in a new house in a private estate 5 minute from the beach. Send my kids to private schools. Never have money stress. And my wife and I earn a LOCAL salary. How is it possible to have a life like this here when it's absolute fantasy in Australia.
What depresses me is that I keep seeing people smugly stating that Dutton will fix this.... he won't of course as BOTH major parties created this mess. The people need to fix this as politicians line their own pockets and get rich off this debt that everyone else suffers for
They are all working for the same ends and are all parasites. Unfortunately, I expect the other smaller parties (including ON) are also captured by the same masters.... I don't think we are voting out of this.
When I spend my own money, I count every cent, watch my costs. This government doesn’t give a f, and just keeps printing and debasing our currency! WTF!
They are now hunting down people living out of caravans/minivans on public residential streets. Because my employer wants to mandate RTOs I want to squat in their carpark, use their shower facilities and steal electricity.
@@magicdeaths get off the Fiat train then. You do have a bit of autonomy when it comes to the debasing fiat currency. Start putting your wealth today into things like precious metals, land and crypto before it's too late (tomorrow). Don't rely on our Gov backed currency as they don't care, the have zero F's to give like you said.
@@georgewright9223 Land purchase in Aus is a joke as it is in most Anglo speaking countries $$$ ponzy scheme but, yeah remember the Gov gets its marching orders from Washington and the Fed Reserve. Crypto will be seriously compromised soon by two things - Quantum Computing (negating cryptography) and or Internet failures.
Last year 1100000 people immigrated to Australia. There are 2,842,378 rental properties in Australia. Of these 0.9 are vacant at the moment. That is 25581 houses available for rent.
@@GreyManTheory exactly 👍🏼 they aren’t spending it here to build our economy just other countries.. shouldn’t be allowed to send our money overseas unless there’s a limit each person ..
Left Australia over a year ago for Bali, I made a huge mistake, should have done it a decade ago! Australia has been destroyed by the Lab and Lib parties, all by design. I did pop back over to Brusbane for a week or so, 1 x pint and a softdrink, $30 absolute disgrace. Then 3 bowls of pasta and no drinks just shy of $130! Fark that, never again.
Basically, I just made my first $300,000 in crypto trading. years of grinding, pivoting and failure, ideas not working out multiple consecutive times, depression, anxiety... but oh man once I saw the balance was over 300,000 - it really made it clear that all those years were worth it and has paid off. Looking forward to achieving financial freedom soon. And by the way, awesome content, brother!
Can't share much here, I take guidance from ‘Evelyn Infurna’ a renowned figure in her industry with over two decades of work experience. I'd suggest you research her further on the web.
We are partly in this mess because not enough of us have been vocal enough. Respect to you! There is only 2 ways to get out of debt 1. Spend less or 2. earn more. We could start by stop wasting money like 450 Million dollars on a voice referendum and half a million on welcome to country ceremonies.
Mate the only ones that could affoed to be vocal are the ubemployed living off their own bank. You think anyone with a job has opportunity to speak agains migration plan or energy policy they got debanked up to now. Now meta an the platforms have duty of care its all changed .
We need to jail these politicians and bureaucrats. There’s gotta be a way that the people can hold these people accountable and pay for what I’ve done.
Boils our blood too mate. My local gp just went from fully bulk billed to 50% bulk billed. Feels like we are basically phasing out medicare. Local primary schools literally have a breakfast program for low socioeconomic low income areas. We feel you brother
Weird thing is people seem so passive and dont even care, keep looking at the phone with short stupid videos non stop, put headphones in your ears, act smart in front of others.
@@Ozi_Landthey have their heads buried right up their a$$, found out just how gullible most people were when they let the government mandate the jabs without question, couldn’t believe how gullible most people were
What about $8.00 bucks for a F/ ing Pineapple , or $40.00 dollars for a Watermellon YOU ALMOST HAVE TO GET A BANK LOAN TO BUY YOUR GROCERIES THESE DAYS .
@@aussieman3582 This is interesting. I don't think in any other country it's this expensive. I imagine there must be something stopping farmers from being able to sell and completely raking it in.
Well you have Wall Street bankers to blame for this. They've commoditised water and raised costs so much that farmers had to raise prices. Tack on profiteering by Woolworths and Coles and voila $8 pineapples
Governments won't pursue this because they cant' win' Either the corporations tie the gov up in court or they pack up shop and move OS. Either way it'll hurt us average schmoes.
Would be better off to just vote for Pauline. Not that she can fix this mess, no one can. But at least she would look at what is going on here in Australia, instead of worrying about getting involved in all this corruption over seas.
We are stuck in a country of people who consider themselves “ Queers for Palestine “ 🤦♂️. They are obviously very ignorant & uneducated. Maybe they should do some research into the Middle East’s stance on homosexuality or see the unfortunate videos on the dark web on how they deal with this 😢
Every man, woman and child in Australia owe $37,000, based on $1 Trillion / 27 million population. What is the quick fix answer to lower the debt burden? Increase immigration which is precisely what the government has been doing. Rather than addressing the real underlying problems between the haves and havenots, they continue to grow every area of government departments, including local and regional governments in order to apply more policies and regulations to keep themselves FAT and in Secure Lifetime Jobs, whilst us plebs are left with the crumbs. Congratulations Comrades. Democracy has never been about equality. Look at history.
They don't care about the debt... their job is just to steal as much from the people and jump ship. Immigration lowers the cost for labour (through increased supply) , and increases asset prices (helps the rich/connected get richer).
The Myth of increasing migration to counter the ineptitude of socialist politicians was well and truly exposed as a myth, made up by the likes of Merkel. All it has done is spread a medieval death cult across the world, and yes even Australia has felt the cold dead hand of the cult ,remember the Lindt Cafe episode? Australians have been killed and inured in London,the islamic capital of the former Great Britain. We are not immune. Enoch Powell,may not have been describing Australia but he was right.
That $37k pp is just the Federal debt. If you live in VIC, there is another $37k of state debt. Assume a family of 4 and pretty soon, your share of government debt is bigger than the average outstanding mortgage balance.
Last X-mass was the toughest we've ever had. We live a very basic lifestyle and we won't even be able sustain that going forward with price increase on every single bill. I'm just thankful we only have 2 kids. I literally don't think we could make it with three kids no matter how frugal we lived. This country is absolutely cooked!
As an Australian you have been lied to. Socialism is *never* the answer. We need *less* government, *less* bureaucracy and a return to a more non government influenced Australia.
Multinationals bought all the electricity, gas, water, sewerage, toll roads aged care facilities and hospitals then rented them back after establishing a monopoly. Who let them do this ? I didn’t vote for it. You didn’t. Who decided it was a good idea? Who benefited? Follow the money
@wapphigh5250 You better give up your Medicare and all the other social benefits you receive then! Better check your phone, I think the Liberal party’s calling
Sucks, I started working multiple jobs back in 2022 (including DoorDash) early in the hopes that I'd get ahead with my first house in Sydney. Fast forward to this day all I could buy was a noisy apartment single bedroom single bathroom and 1 carpark for $780,000. My standard of living has gone down catastrophically over the past 4-5 years. Thanks to stagnant wages, uncontrolled immigration and global wars that our elites think Ukrainians and Taiwanese are more important than Australians.
@@Shipsekie This apartment had amenities and onsite security. 650K 2 bed sounds like something in Blacktown/Doonside (an area I don't want to be in due to safety reasons). I am talking about a 2-4 bedroom house for less than $800K within 10-40 km of the CBD (I travel to work occasionally to the office). While I don't mind living in strata apartments, I don't think it is reasonable to fork out $1.7 million for a 3-4 bedroom "luxury" apartment with zero soundproofing whatsoever against my upstairs neighbour ceiling. The apartment I am in shouldn't cost more than $450,000.
@@boxman8957 dreaming boi! Check out postcode 2077. Upper north shore of Sydney Hornsby, mount colah all 40 mins train ride to city surrounded by national parks and bushwalking for miles
Driven largely by supply/demand influenced by immigration. It's like a cat chasing it's tail... Futile! Cut the tail off - stop immigration - and the cat can catch his breath.
Look at what has just happened in LA. When faced with an epic crisis the price of rentals has skyrocketed to take advantage of the suffering. We are fucked, the system is broken and nothing is going to change until AFTER it fails
LA's price increases for rentals is not the doing of landlords. It is simply renters being willing to offer overs to secure a place. Many very rich people once lived in burnt out Pallisade homes, so paying high rent is not their main concern, especially if they have the right home insurance clauses.
Vic Rural here, Every word you said is the TRUTH. We are all sick of these incompetent fools in charge with OUR credit card. They need to go and the system torn down. IT IS BROKEN. Biggest "depression" is about to hit, way worse than 1929. This one will be a global melt down.
I seen a video in Victoria where they are stopping gold prospecting , Gold has value , who is getting the gold CCP China . Take care and learn who Jesus Christ is , grab a KJ bible and we will win they are loosers.
When John Howard left office in November 2007, Australia was in a strong fiscal position. The Howard government had repaid $96 billion in previous Labor government debt, and Australia had no net debt. The budget was also in surplus. It was Gillard and Rudd who like to buy votes! Remember all the free insulation batts we all desperately needed. Labor cannot manage money!
Yeh by selling everything that should be controlled by government to private for profit businessmen that now take massive diarrhea dumps down ur throat and you gotta swallow.
Pauline could help alleviate some of the problems, but very few people will vote for her because the man on the TV told us that she is xenophobic, I don't see much hope.
Easy solution. People need to stop watching and listening to the media. Use their big beautiful brains, make up there own minds and stop being influenced.
We need a round table. One person from each party to negotiate the needs of all Australians. Big issues should be put to public vote with truth of what each outcome could bring.
Some one said. "We dont have a cost of living crisis - we have a cost of government crisis". ...and we dont have someone like Trump to come and try to save the day. Australia is EFFED.
@@glennr2358 D Trump with his talk of tariffs of 25% will only ensure the growth of BRICS. That means we as allies will be paying more in taxes, services and goods because our politicians didn't have the foresight to say no or to make the right decisions politically in global financial markets.. They're lazy, self-seeking and treasonous.
@@glennr2358 Good that many people are waking up to that. He is controlled by the same powers, he's just been setup to look like the 'saviour' for so many ...
That debt does not matter at all. Here's why: It’s a slow and hot day in the little town somewhere in the middle of nowhere. Times are tough, everybody in town is in debt, and everybody lives on credit. On this particular day, a rich tourist is driving through town. He stops at the only hotel in town and lays a $100 bill on the desk, telling the hotel owner he wants to inspect the rooms upstairs in order to pick one to spend the night. The owner gives him some keys, and as soon as the visitor has walked upstairs, the hotelier grabs $100 and runs next door to pay his debt to the butcher. The butcher takes $100 and runs down the street to retire his debt to the pig farmer. The pig farmer takes $100 and heads off to pay his bill at the feed store. The guy at the farmer’s Co-op takes $100 and runs to pay his debt to the local prostitute who has also been facing hard times and has had to offer her services on credit. She, in a flash, rushes to the motel and pays off her room bill to the hotel owner with the same $100 bill. The motel owner now places the $100 bill back on the counter so the rich tourist will not suspect anything. At that moment the tourist comes down the stairs after inspecting the rooms, picks up the $100 bill, states that the rooms are not satisfactory, pockets the money, and leaves the motel. No one earned anything. However, the whole town is out of debt and looks to the future with a lot of optimism.
Its because we live in an authoritarian corprotocracy. The gov acts as it pleases more often than not against the will of its constituents(authoritarian) in benefit of corporations not society at large as instructed (lobbied) by corporations in order to protect and increase their profits (corprotocracy).
@@gtvwillspot on, tax loopholes like offshoring the profit to a forign shell in the caymans is common for nearly every large corp. The government have allowed the because they are working together
I tune in for each video. The anger inside of you is worth watching every time. Our country unfortunately like many others is feeling the effects of years of mismanagement. What a shame for a country that without doubt should be the richest nation on earth. We fucked it
No....Australians haven't fucked it, the People in Governments have fucked it, we are just trying to survive. Once they are in power, there's no stopping them.
We're in a cost of government crisis. We need our version of DOGE urgently, to take a chainsaw to the public sector starting with NDIS, along with immigration reduced to near zero. We won't get this from the Labor/Liberal uniparty though. Only hope is to elect as many minor party candidates as possible. We'd turn this around fast if we get the right people in charge. See how successful Javier Milei has been in Argentina already. Sadly most people are too uneducated to understand how preferential voting works and end up re-electing the same bunch of fools.
@@Hannah_BananaStand It's disgusting. I've heard some stories from people involved (both as funding recipients and also as providers) and the level of rorting going on is beyond criminal.
Forget the NDIS. Corporate tax correctly collected would pay for the NDIS ten times over. It’s not being collected. Corporate profits are being siphoned off in “facilities charges” that go to head office in the Cayman Islands
I agree forgot ndis thats just another blame game for the government. And if you don't know anyone that relies on it then you wouldn't know how helpful it actually is for disabled people. Corporate tax is what we need. We also need to stop selling all our gas and minerals for peanuts. We literally have to buy it back its crazy
As a small business owner sometimes I wonder if it's worth the effort. I work on average 55-60 hours a week and get screwed by the tax man as well as Victorian state government who introduced land tax for anything over $25k which includes my shoe box workshop. There is no incentive to encourage manufacturing.
In 1972 and in 2007 the Commonwealth was debt free thanks to the Coalition. Both times labor was elected, started deficit spending and started runaway government debt
It's deliberate, we're not being taken back to two world war eras but to Victorian era days. The class system is alive and well, status and the need some have to achieve it greases the wheels for the rich to become wealthy. I've got a bone to pick with every government that's bought us to this. Even if wages increased inflation would devalue the cost of living exponentially. This is happening in all western aligned countries, the feel good policies we're sold by the media. advertisers and politicians are aimed at cretins. We've outlived the myths we were force fed in the past and should be demanding value for our money, as employers demand the same from us. Welcome to the good ole days, this isn't fiscal mismanagement, it's enslavement the same as it's always been.
I believe there could be two factors raising the cost of everything, in Australia, firstly our excessive immigration intake, of approx 500,000 a year, which should probably be 70,000 a year, and secondly major corporations and franchises which control supply, and reduce competition. In the old days everyone shop owner worked for themselves, which brought prices down.
I was at woolies yesterday and saw Cadbury chocklate blocks on special for $5 and lifted the special sticker to reveal normal price which was $7.The government tells us inflation is 2.8% what a load of BS more like 15-20%
Thankyou for posting this and hope it gets spread around. It’s all too true man it’s been strangling the standard families, and the crunch on the workers is only made worse by the increase of demand for physical workers to do more (to negate the rise of the new tech…) “Make you work harder for your dollar, make it harder for your dollar to work.” Seems the way now…
Just yesterday I got a $75 concession on my electricity bill and I remembered the government announcing the hand out. It turns out they have given this payment to every household with no means test and it is surely just more money printing. The bills will be up by more than $75 in no time at this rate anyway.
You are only talking Federal debt, add on the State debt. Victoria is at $180 Billion, WA is about $40 Billion, the WA treasurer proudly announces surpluses quite often from all the gas and iron ore money BUT then announces an increase in debt, our Labor government just refuses to pay down any debt, they use the surplus to finance even more debt. These politicians must be brought to heal but how?.
The issue is politician's have no idea when it comes to managing money. A lot of them were lawyers, barristers, solicitors, union reps, ceo's, police officers etc before entering politics
23 billion doesn't come out of consolidated revenue, it's a payout from the reserve bank that goes to whoever is owning those bonds. And that money goes on to spent into the Australian economy, mostly assets. That causes inflation, resulting in your money buying less. To make up for it, you can become more efficient, ask for more money for the work you do or suck it up because you don't have any political force. You'd understand this better if you realise how banking works via double entry bookkeeping.
The police in Victoria dont even have anything to do with Australia Theyre known as Vicpol on the NYSE Ausgov is Australias name This is no joke, its real.
i knew we were a corporate entity traded on the USA stock exchange but how can the police be put in that position? To me this means they're competing with criminals for profits, or they make bonuses on busts, could even be a balancing act. Are you sure? When did this happen?
Morrison government plundered off $368 Billion on the Aukus deals without seeing light at the end of tunnel. So Liberal are worst! yet Albo chose to go with that deal. We need a leader that are not hood-winked by the US into any deals that cost all Australians.
In the year 2000, John Howard was PM, until 2007. Then we had Rudd/Gillard for 6 yrs, until 2013. From 2013 - 2022, we had Liberals again. Abbott and Turnbull. So, essentially 16yrs Liberal and 6 yrs Labor. The state of the housing market TODAY is due to the past policies of the Libs. And Labor were too busy fighting in factions. Both are responsible for the changes . Well, Liberals more so as they were in power substantially longer.
Stop believing there is a distinction, they are all owned by the same puppetmasters ... it's an illusion of choice, and difference over 1 term is just part of the game, and could be due to a million factors.
@wrongthink1212 my point was to the contrary. My point on only the issue of our housing crisis came from my opinion that Labour are absolute sh*those at dealing with it,,,, and because they are one and the same, we must not forget the Libs were sh*those too. When we forget we loose focus. They love that
Howard government was strong. Start the tally from Rudd Gillard. That's when the damage started. Nice try left arrrrrd. Luckily albo who gave all our money away and mass migration which cripled us ,will be gone in a few months..bye bye 1term labor
I left 2 years ago - best decision ever. If you’re young and an entrepreneur head for SE Asia or Dubai. Australia is finished if you don’t own property as there is no incentive to work hard anymore.
This government is not the ones been running up the national debt. The macro management of Chalmers this term has been A+. The wheels were put in motion with Howard giving away our natural resources. A lot of work to do on cost of living, but truth is Labor lost an election trying to fix housing affordability, and is now scared of being too far left. We the electorate are to blame for our poor and ill-informed choices. Now, they simply cant fix our bad decisions overnight.
Bond holders. The Gov issues the bonds and they are put on the open market for a price and return ( interest rates ). The buyers ( holders ) get the return for as long as they hold them or they expire at which time they get their principal back. If there are no buyers or the rates are too high, the RBA can buy them instead. This is what is commonly referred to as "printing money" since the RBA ( and commercial banks when granting a loan ) are the money creators.
Thank you for sharing your concern and spreading awareness. As per many comments here our economic situation is caused by both Labour and Liberal. If only Aussies will all wake up and stop voting these parties in. We unfortunately don't have anything in the constitution to hold them accountable as per Punter Politics who emphasised this issue. They're continually perpetuating and expanding our debt by mix of mismanagement on property market, lack of taxation on multinational corporations, bleeding our natural resources without directing returns via tax to pay for those resources, astronomical prices on Aussies for those same resource energy and gas...list goes on
How much in Jobkeeper hasn't been paid back yet (by companies)? I'm sure there's at least a few million can be claimed back there along with lots of missed company taxes. We're finally turning into Argentina (around 1900 we were on the same level).
I have a medium-high paying job and I have given up on the prospect of home ownership. Even if I had the deposit gifted to me by my parents, the mortgage repayments are 6-7k per month.... no thanks. Will probably be forced to buy in Dubai or Thailand.
Keep up the good work Chris. I hate to say it out loud, but you are not angry enough yet. You need to get together with like minded young people and form a protest group. You need to get loud, and get noticed. The government needs to know civil unrest, a rebellion is on the horizon.
That problem has been looming for a better part of a decade. I left Australia in 2014 and never looked back. The number that alarmed me back then, 186% household debt to income . That is as high as America during the implosion of GFC. And it’s now 10 years, 10 YEARS since and nothing has changed but got kicked down the can even further. Good luck to my fellow Aussies.
You get written up if you show up to school ''unorganised''!!!!! imagine that.. getting told off for not having a calculator or something and the teacher literally not giving you one so you just cant do the work anyway! WHAT THE EFF
I left Australia in 2008, returned in 2022 after being locked out by the tyrants. I am shocked at what's been done to this country
I left in 2012 mate, went back periodically but they locked me out too for 2 years.
I left 6 years ago for Asia. Never looked back. My resting heartrate has significantly dropped, anxiety is gone. I feel for my sister who's stuck with a mortgage.
@griffin1366 I feel for my brother and sister who are both just under 30 with literally no hope for the future. They just keep doing the day to day without even thinking about it yet they are not moving forward at all
It's turning into India culturally and economically
People keep voting for these a holes, that is the problem. Labor, Liberal and Greens should be gone.
Never vote for Labor or Liberal again.
Exactly
Businesses, Contractors, Any party you engage in any form of agreement signs a contract, scam victims vote... 😆
Or greens, teals.
No Parties. Only independents. Teal, Green GAP or 1 Nation be just as tied in Same Problems. They pick the most popular two and make a dialectic out of it. Give you a coice between a moron or a criminal.
Britain's Conservatives have entered chat
Our own fault we keep voting lab or lib expecting it to change
Doesn’t matter who you vote for it goes to them. The system is rigged.
Spot on. Voting has never fixed anything yet people keep thinking that this time will be different and it won't be!!
People need to stop voting completely, and put their efforts into grass roots community organising, etc. You will never vote your way out whomever you vote. Most of the minors are under the same rulers/interests.
Voting doesnt work, its pretty much insulting your intelligence..."oh umm here vote, and you dont get to see the counting"
its a racket and the sheep keep jumping off the cliff thinking things will change
$600 million to PNG for a football team. It is all by design... definietly no money laundring going on there. All foreign aide should be cancelled. Foreign aide to India and they have a SPACE PROGRAM.
pissing our taxes away, so they can fight over a football
Breaking News! Backpacker lost while wandering a bush trail!......Breaking news! Top news! Backpacker found! Tears of joyyyy hugs within the family, wow what a new story, dont worry about the important things.
I think somewhere in Dans old office , could be a receipt for the $1.2 billion paid for those beds that never turned up ? It’s worth a try 🤷♂️
We also pay billions to an Indian firm every year for our own energy.
The new immigrants are notorious tax dodgers.. Even India collects very little in taxes. England is a royal cultural mess now!!!
I grew up in Australia during the good times (1980s). My folks bought a large 4 bedroom house for $25,000 (just on the outskirts of Perth), and paid it off within 5 years. Neither of them were university educated, and they worked menial jobs (cleaner, waitressing etc). Those days are long gone, which is why I got the hell out. Thankfully it was easy for me as my wife's from Russia. We moved to a shitty area in Russia (low crime, beautiful nature, fresh air, good food, good fiber internet, but still has dirt roads), bought a large 3 bedroom house for $15,000. It was better than the alternative - going bankrupt in Australia and being kicked out onto the streets. I feel like a huge weight has been lifted from my shoulders. On top of everything else, I feel a lot "freer" here (as odd as that may sound). Russia is nothing like what the mainstream media tell us it's like.
Tell us more mate - sounds almost like paradise - what's the weather like?
I like Russians anyway and always have - seem to have a great sense of humour and practicality - also patriotic.
I’m sorry you had to move out for Indians, Nepalese and Pakistani’s to move in to aus.
I know what you mean about the freedom. I’m from Macedonia and love going back to the Balkans. It’s beautiful, cheap and you really feel a sense of freedom because every breath or step you take is not regulated by the government. We still have properties there and lately I feel that place calling me more and more, even though I’m well off in Australia, I feel like this place has lost its identity. There’s no patriotism and nationalism in Australia. Nobody cares about this country, and there’s fewer and fewer reasons to.
Fancy stealing over 30% off every hardworking Aussie and still owing 1 Trillion dollars
That's what happens when you bend the knee to corporations rather than your constituents. Vote the majors last, put minor parties first. Cut off the gravy train for the big three (labor, libs, nats).
Around 67 cents of every dollar goes to the government in some form of tax, excise etc.
Right On!!!!!
DISGRACEFUL !
Most 5min Australians doing it
Angrier than angry. This sh*t show is killing me and my family...
Corruption at its highest level
Damn those Renegade ET`s....
I moved 10 years ago to work a corporate job in Thailand. Free transport to/from work. Free lunch. Free medical. Free insurance. I live in a new house in a private estate 5 minute from the beach. Send my kids to private schools. Never have money stress. And my wife and I earn a LOCAL salary. How is it possible to have a life like this here when it's absolute fantasy in Australia.
Corruption is the short answer
BS
@@Matto_Harvocaught me out... Glad I don't document it on my RUclips channel...
What depresses me is that I keep seeing people smugly stating that Dutton will fix this.... he won't of course as BOTH major parties created this mess. The people need to fix this as politicians line their own pockets and get rich off this debt that everyone else suffers for
Dutton's party have been in power more than Labor.
Dutton's party got us here
@@AA-fi8xjthe libs caused this for sure but labor have been as spineless as they come
They are all working for the same ends and are all parasites.
Unfortunately, I expect the other smaller parties (including ON) are also captured by the same masters.... I don't think we are voting out of this.
@AA-fi8xj not true. Labor have been in power longer in the last 20 years
You are Correct, people are obedient sheep deceived .
You ain't seen anything yet. Buckle up it's about to get real nasty. . .
When I spend my own money, I count every cent, watch my costs.
This government doesn’t give a f, and just keeps printing and debasing our currency!
WTF!
They have pierced the vale!
They are now hunting down people living out of caravans/minivans on public residential streets. Because my employer wants to mandate RTOs I want to squat in their carpark, use their shower facilities and steal electricity.
@@magicdeaths get off the Fiat train then. You do have a bit of autonomy when it comes to the debasing fiat currency. Start putting your wealth today into things like precious metals, land and crypto before it's too late (tomorrow). Don't rely on our Gov backed currency as they don't care, the have zero F's to give like you said.
@@georgewright9223 Land purchase in Aus is a joke as it is in most Anglo speaking countries $$$ ponzy scheme but, yeah remember the Gov gets its marching orders from Washington and the Fed Reserve. Crypto will be seriously compromised soon by two things - Quantum Computing (negating cryptography) and or Internet failures.
Last year 1100000 people immigrated to Australia.
There are 2,842,378 rental properties in Australia. Of these 0.9 are vacant at the moment.
That is 25581 houses available for rent.
Exactly, that's the issue the RBA is on about. Underlying inflation caused by migrants who send their money back home
What 👀
1.1 million people should've left.
@@GreyManTheory exactly 👍🏼 they aren’t spending it here to build our economy just other countries.. shouldn’t be allowed to send our money overseas unless there’s a limit each person ..
The government and pollies have sold us out.
Left Australia over a year ago for Bali, I made a huge mistake, should have done it a decade ago! Australia has been destroyed by the Lab and Lib parties, all by design. I did pop back over to Brusbane for a week or so, 1 x pint and a softdrink, $30 absolute disgrace. Then 3 bowls of pasta and no drinks just shy of $130! Fark that, never again.
That's nearly €80 for 3 bowls of pasta... Jesus Christ...
Bali is turning into a bogan dump Unfortunately
Pasta $A1.80 / kg. Add water. Boil. 10 bowls.
@ in the tourist areas like Kuta maybe, but compared to communist Australia, you can’t beat the freedom of Bali.
@ yeah that’s a conversation most restaurants hear daily these days.
Basically, I just made my first $300,000 in crypto trading. years of grinding, pivoting and failure, ideas not working out multiple consecutive times, depression, anxiety... but oh man once I saw the balance was over 300,000 - it really made it clear that all those years were worth it and has paid off. Looking forward to achieving financial freedom soon. And by the way, awesome content, brother!
Absolutely. It's an exciting time to be in crypto. Strap in and enjoy the journey.
Congratulations, do you mind sharing how you did it...
Sound good, How do you do that?I'm interested, how do I go about getting started?
Can't share much here, I take guidance from ‘Evelyn Infurna’ a renowned figure in her industry with over two decades of work experience. I'd suggest you research her further on the web.
Use her name to quickly conduct an internet search.
We are partly in this mess because not enough of us have been vocal enough. Respect to you! There is only 2 ways to get out of debt 1. Spend less or 2. earn more. We could start by stop wasting money like 450 Million dollars on a voice referendum and half a million on welcome to country ceremonies.
$70,000,000 drive way for the PM's girl friend .
Don't forget the nearly $5 billion in foreign aid a year.
Albo should be counting the days "til he gets the arse for that little failed legacy of his!
Mate the only ones that could affoed to be vocal are the ubemployed living off their own bank. You think anyone with a job has opportunity to speak agains migration plan or energy policy they got debanked up to now. Now meta an the platforms have duty of care its all changed .
Well said mate. Respect to you for speaking up. We all thinking what you are thinking - John Gai
We need to jail these politicians and bureaucrats. There’s gotta be a way that the people can hold these people accountable and pay for what I’ve done.
Boils our blood too mate. My local gp just went from fully bulk billed to 50% bulk billed. Feels like we are basically phasing out medicare. Local primary schools literally have a breakfast program for low socioeconomic low income areas. We feel you brother
Australias cooked mate done like a dinner.
Like a shitty microwave dinner
Weird thing is people seem so passive and dont even care, keep looking at the phone with short stupid videos non stop, put headphones in your ears, act smart in front of others.
Setting the country up for migrants.
@@Ozi_Landthey have their heads buried right up their a$$, found out just how gullible most people were when they let the government mandate the jabs without question, couldn’t believe how gullible most people were
Well said mate. We are fucked.
The decline has been happning for many years and now its very easy to see the cracks
What about $8.00 bucks for a F/ ing Pineapple , or $40.00 dollars for a Watermellon YOU ALMOST HAVE TO GET A BANK LOAN TO BUY YOUR GROCERIES THESE DAYS .
I grow my own pineapples and brew my beer and spirits.
@@aussieman3582 This is interesting. I don't think in any other country it's this expensive. I imagine there must be something stopping farmers from being able to sell and completely raking it in.
Well you have Wall Street bankers to blame for this. They've commoditised water and raised costs so much that farmers had to raise prices. Tack on profiteering by Woolworths and Coles and voila $8 pineapples
Fully agree with you. The sheep don’t see it coming.
We've all seen it coming, look at the birth rates... It's a SCAM!
LOTS OF SHEEPE!! SAME IN THE UK FROM COVID BOLLOCKS,, WE'RE TOTALLY AND UTTERLY FUCKED!!
And they bang on about budget surplus, its not surplus if we owe that much. Thieves.
A lot of big companies especially gas and mining companies in Australia pay no tax or next to no tax. So that should be fixed.
Governments won't pursue this because they cant' win' Either the corporations tie the gov up in court or they pack up shop and move OS. Either way it'll hurt us average schmoes.
We are the dumbest country in the world we give away our resources for NOTHING!
Start protesting
Revolution
🤣🤣. The world watch how quickly this country dropped to its knees! Australians will do as they are told
Yeah for Palestine they will protest, dont worry about the country you live in
Would be better off to just vote for Pauline. Not that she can fix this mess, no one can. But at least she would look at what is going on here in Australia, instead of worrying about getting involved in all this corruption over seas.
We are stuck in a country of people who consider themselves “ Queers for Palestine “ 🤦♂️. They are obviously very ignorant & uneducated. Maybe they should do some research into the Middle East’s stance on homosexuality or see the unfortunate videos on the dark web on how they deal with this 😢
Every man, woman and child in Australia owe $37,000, based on $1 Trillion / 27 million population. What is the quick fix answer to lower the debt burden? Increase immigration which is precisely what the government has been doing. Rather than addressing the real underlying problems between the haves and havenots, they continue to grow every area of government departments, including local and regional governments in order to apply more policies and regulations to keep themselves FAT and in Secure Lifetime Jobs, whilst us plebs are left with the crumbs. Congratulations Comrades. Democracy has never been about equality. Look at history.
Geez WELL SAID! 💯
They plan on inflating it away
They don't care about the debt... their job is just to steal as much from the people and jump ship. Immigration lowers the cost for labour (through increased supply) , and increases asset prices (helps the rich/connected get richer).
The Myth of increasing migration to counter the ineptitude of socialist politicians was well and truly exposed as a myth, made up by the likes of Merkel. All it has done is spread a medieval death cult across the world, and yes even Australia has felt the cold dead hand of the cult ,remember the Lindt Cafe episode?
Australians have been killed and inured in London,the islamic capital of the former Great Britain. We are not immune. Enoch Powell,may not have been describing Australia but he was right.
That $37k pp is just the Federal debt. If you live in VIC, there is another $37k of state debt. Assume a family of 4 and pretty soon, your share of government debt is bigger than the average outstanding mortgage balance.
Thank you for sharing. We all need to talk about this
Last X-mass was the toughest we've ever had. We live a very basic lifestyle and we won't even be able sustain that going forward with price increase on every single bill. I'm just thankful we only have 2 kids. I literally don't think we could make it with three kids no matter how frugal we lived. This country is absolutely cooked!
As an Australian you have been lied to. Socialism is *never* the answer. We need *less* government, *less* bureaucracy and a return to a more non government influenced Australia.
Multinationals bought all the electricity, gas, water, sewerage, toll roads aged care facilities and hospitals then rented them back after establishing a monopoly. Who let them do this ? I didn’t vote for it. You didn’t. Who decided it was a good idea? Who benefited? Follow the money
@wapphigh5250
You better give up your Medicare and all the other social benefits you receive then! Better check your phone, I think the Liberal party’s calling
Don't forget Corporate Australia, you know the guys that successive governments are beholden to!
What's wrong is people voting in Liberal, Labor, Nats, Greens.
Ignorant lazy obedient easy way when you own a home and have a job. Sheeple !
Who do you vote if not the Greens? All others are corrupt by the Oligarch$
voting doesnt make a difference
Its nit a cost of living crisis, its a government incompetence crisis. The ONLY way out is for complete reform.
Whole of Western World - Cost of lock-down crisis
Sucks, I started working multiple jobs back in 2022 (including DoorDash) early in the hopes that I'd get ahead with my first house in Sydney. Fast forward to this day all I could buy was a noisy apartment single bedroom single bathroom and 1 carpark for $780,000. My standard of living has gone down catastrophically over the past 4-5 years. Thanks to stagnant wages, uncontrolled immigration and global wars that our elites think Ukrainians and Taiwanese are more important than Australians.
Sydney is the hell expensive in this country. It attracts foreigners
Didn't look at 2077 and surrounding did we. Easily 650k 2 bed unit not on main road. 40 mins to city.
@@Shipsekie This apartment had amenities and onsite security. 650K 2 bed sounds like something in Blacktown/Doonside (an area I don't want to be in due to safety reasons). I am talking about a 2-4 bedroom house for less than $800K within 10-40 km of the CBD (I travel to work occasionally to the office).
While I don't mind living in strata apartments, I don't think it is reasonable to fork out $1.7 million for a 3-4 bedroom "luxury" apartment with zero soundproofing whatsoever against my upstairs neighbour ceiling. The apartment I am in shouldn't cost more than $450,000.
@@boxman8957 dreaming boi! Check out postcode 2077. Upper north shore of Sydney Hornsby, mount colah all 40 mins train ride to city surrounded by national parks and bushwalking for miles
Home prices are the biggest issue that is ruining this country for Generations to come
Driven largely by supply/demand influenced by immigration. It's like a cat chasing it's tail... Futile! Cut the tail off - stop immigration - and the cat can catch his breath.
Look at what has just happened in LA. When faced with an epic crisis the price of rentals has skyrocketed to take advantage of the suffering.
We are fucked, the system is broken and nothing is going to change until AFTER it fails
That’s a corrupt democratic state and the world knows that
LA's price increases for rentals is not the doing of landlords. It is simply renters being willing to offer overs to secure a place. Many very rich people once lived in burnt out Pallisade homes, so paying high rent is not their main concern, especially if they have the right home insurance clauses.
Vic Rural here, Every word you said is the TRUTH. We are all sick of these incompetent fools in charge with OUR credit card. They need to go and the system torn down. IT IS BROKEN. Biggest "depression" is about to hit, way worse than 1929. This one will be a global melt down.
Unfortunately that is the WEF plan though. A crisis (economic collapse) is an opportunity for the billionaire globalists.
I seen a video in Victoria where they are stopping gold prospecting , Gold has value ,
who is getting the gold CCP China . Take care and learn who Jesus Christ is , grab a
KJ bible and we will win they are loosers.
SPOT ON, FROM THE UK THAT REMEMBERS AUS IN 1997!!!
When John Howard left office in November 2007, Australia was in a strong fiscal position. The Howard government had repaid $96 billion in previous Labor government debt, and Australia had no net debt. The budget was also in surplus. It was Gillard and Rudd who like to buy votes! Remember all the free insulation batts we all desperately needed. Labor cannot manage money!
Yeh by selling everything that should be controlled by government to private for profit businessmen that now take massive diarrhea dumps down ur throat and you gotta swallow.
Yep just look at Victoria.
Howard sold the farm, equally the worst PM ever.
Howard sold Australian public assets to clear the debt. How’s that working out now 👎🏻
There’s a lot for you to learn son
Howsrd introduced the gst
When people learn or understand "The Creature from Jekyll Island," only then will they understand how dark and twisted the hidden hand is
Pauline could help alleviate some of the problems, but very few people will vote for her because the man on the TV told us that she is xenophobic, I don't see much hope.
I was told racist and they cannot prove it.
Easy solution. People need to stop watching and listening to the media. Use their big beautiful brains, make up there own minds and stop being influenced.
We need a round table. One person from each party to negotiate the needs of all Australians. Big issues should be put to public vote with truth of what each outcome could bring.
Vote for ONE NATION.
Your kidding yourself they're all the same nothing will change
We need protests and FORCE nothing else will do anything
Absolutely and allocate your preferences yourself, all of them. Don't let them allocate your preferences for you.
Driving to a friend's house or servicing the car are luxuries we save up for, we are being failed badly by the government.
Having a car is a luxury, used cars are unaffordable for many
Career politicians that don't have a bloody clue how to budget, except for their own pockets. High time the two party system is removed.
Thr amount spent on stimulus payments and vaxines really blew it to the limit.
Every single country owes ridiculous amounts of money to whom? It's all BS.
Probably each other soooo, does that mean it all balances out? Nope!
And we still keep giving away our Gas, coal and iron ore....
Some one said. "We dont have a cost of living crisis - we have a cost of government crisis". ...and we dont have someone like Trump to come and try to save the day. Australia is EFFED.
If you think Trump is the answer then you are asking the wrong question.
He’s already back peddling on his promises.
🙄 he listens to the media! Aren’t you sick and tired of being played? 🙄
@@glennr2358 D Trump with his talk of tariffs of 25% will only ensure the growth of BRICS. That means we as allies will be paying more in taxes, services and goods because our politicians didn't have the foresight to say no or to make the right decisions politically in global financial markets.. They're lazy, self-seeking and treasonous.
@@glennr2358 Good that many people are waking up to that. He is controlled by the same powers, he's just been setup to look like the 'saviour' for so many ...
TRUMP, MUSK AND EVEN THE FINAL EXPERIMENT CAST.. ARE ALL ACTORS, PAID TO REMEMBER AND REPEAT LINES TO THE PUBLIC
We have had governments that don't know what they are doing for a while now.
Well said mate!!!! Keep going! Keep getting the message out there!
If we redefine what war is, Covid 19 could be considered a type of war. Not conventional that’s for sure but devastating.
No redefining necessary
It was all planned.....deliberate.
@@TheWomanattheWellJohn4v14KJV Agree and took many lives in many ways.
Lockstep - Covid was the worst planned terror event on humanity
WE ARE VOTING FOR POLITICIANS...LIARS AND CHEATS... INSTEAD OF GETTING PEOPLE WHO KNOW HOW TO RUN A BUSINESS. COUNTRIES ARE A BUSINESS
The most educated and busisness savvy people are Malcolm Roberts and Gerard Rennick. And the lnplaborgreens uniparty hate them.
These are the guys who should be prime minister and deputy prime minister of this country!💯👍@@rayjohnson7881
That debt does not matter at all.
Here's why:
It’s a slow and hot day in the little town somewhere in the middle of nowhere. Times are tough, everybody in town is in debt, and everybody lives on credit.
On this particular day, a rich tourist is driving through town. He stops at the only hotel in town and lays a $100 bill on the desk, telling the hotel owner he wants to inspect the rooms upstairs in order to pick one to spend the night. The owner gives him some keys, and as soon as the visitor has walked upstairs, the hotelier grabs $100 and runs next door to pay his debt to the butcher.
The butcher takes $100 and runs down the street to retire his debt to the pig farmer.
The pig farmer takes $100 and heads off to pay his bill at the feed store.
The guy at the farmer’s Co-op takes $100 and runs to pay his debt to the local prostitute who has also been facing hard times and has had to offer her services on credit.
She, in a flash, rushes to the motel and pays off her room bill to the hotel owner with the same $100 bill.
The motel owner now places the $100 bill back on the counter so the rich tourist will not suspect anything.
At that moment the tourist comes down the stairs after inspecting the rooms, picks up the $100 bill, states that the rooms are not satisfactory, pockets the money, and leaves the motel.
No one earned anything. However, the whole town is out of debt and looks to the future with a lot of optimism.
Thats very insightful, I have never read anything like that. Thanks for sharing
That's kind of funny at the same time,makes me think no one was working for profit since money in is equal to money out.
I was taught many years ago by my school teacher when I was 7 or 8 years old in NZ I'm now 62yo a very similar explanation about the 100 bucks..
That's why "Cash is King " my friend!
You make a Pizza delivery wrong=fired! D.I.C.K head Politicians make million dollars mistakes=go home with 500k retirement punishment!
Corporations profits come first before Aussies that pay high taxes Aussie dollar is bad when. You convert too go over seas
Its because we live in an authoritarian corprotocracy. The gov acts as it pleases more often than not against the will of its constituents(authoritarian) in benefit of corporations not society at large as instructed (lobbied) by corporations in order to protect and increase their profits (corprotocracy).
@@gtvwillspot on, tax loopholes like offshoring the profit to a forign shell in the caymans is common for nearly every large corp. The government have allowed the because they are working together
I tune in for each video. The anger inside of you is worth watching every time. Our country unfortunately like many others is feeling the effects of years of mismanagement. What a shame for a country that without doubt should be the richest nation on earth. We fucked it
No....Australians haven't fucked it, the People in Governments have fucked it, we are just trying to survive. Once they are in power, there's no stopping them.
We're in a cost of government crisis. We need our version of DOGE urgently, to take a chainsaw to the public sector starting with NDIS, along with immigration reduced to near zero. We won't get this from the Labor/Liberal uniparty though. Only hope is to elect as many minor party candidates as possible. We'd turn this around fast if we get the right people in charge. See how successful Javier Milei has been in Argentina already. Sadly most people are too uneducated to understand how preferential voting works and end up re-electing the same bunch of fools.
there is SO much rorting of the NDIS going on
@@Hannah_BananaStand It's disgusting. I've heard some stories from people involved (both as funding recipients and also as providers) and the level of rorting going on is beyond criminal.
Forget the NDIS. Corporate tax correctly collected would pay for the NDIS ten times over. It’s not being collected. Corporate profits are being siphoned off in “facilities charges” that go to head office in the Cayman Islands
I agree forgot ndis thats just another blame game for the government. And if you don't know anyone that relies on it then you wouldn't know how helpful it actually is for disabled people. Corporate tax is what we need. We also need to stop selling all our gas and minerals for peanuts. We literally have to buy it back its crazy
Yes Australia is basically stuffed. Look at Argentina. This is our future.
We need to bring back manufacturing, rid ourselves of the dichotomous big business choices and bring back local small farms and small business.
As a small business owner sometimes I wonder if it's worth the effort. I work on average 55-60 hours a week and get screwed by the tax man as well as Victorian state government who introduced land tax for anything over $25k which includes my shoe box workshop. There is no incentive to encourage manufacturing.
In 1972 and in 2007 the Commonwealth was debt free thanks to the Coalition. Both times labor was elected, started deficit spending and started runaway government debt
It's deliberate, we're not being taken back to two world war eras but to Victorian era days. The class system is alive and well, status and the need some have to achieve it greases the wheels for the rich to become wealthy. I've got a bone to pick with every government that's bought us to this. Even if wages increased inflation would devalue the cost of living exponentially. This is happening in all western aligned countries, the feel good policies we're sold by the media. advertisers and politicians are aimed at cretins. We've outlived the myths we were force fed in the past and should be demanding value for our money, as employers demand the same from us. Welcome to the good ole days, this isn't fiscal mismanagement, it's enslavement the same as it's always been.
The world economic forums AGENDA 2030!
I believe there could be two factors raising the cost of everything, in Australia, firstly our excessive immigration intake, of approx 500,000 a year,
which should probably be 70,000 a year, and secondly major corporations and franchises which control supply, and reduce competition. In the old days
everyone shop owner worked for themselves, which brought prices down.
People will pay for their ignorance, literally.
We need people like you in politics, no more career politicians.
It would be a staggering job to have to deal with politicians for 8 hours a day
The high interest from what the government is spending is high inflation for us to repay their interest on that spending.
It is true - ive never seen grocery prices rise so far and fast - 1 orange $3.75 quarter watermelon $30, what the ?
That's €18 for a watermelon😳... They are just €4.50 here...
At my local IGA- 2020, Tim tams were $2.50, butter $5.00. Yesterday, Tim tams $7.10, Butter $8.50!
Oranges $A3 / kg, watermelon $A2.50 / kg.
More if ordered overnight express from Paraguay.
I was at woolies yesterday and saw Cadbury chocklate blocks on special for $5 and lifted the special sticker to reveal normal price which was $7.The government tells us inflation is 2.8% what a load of BS more like 15-20%
For anyone (including myself) that finds it difficult to conceptualise the amount of dollars they’ve almost spent, that’s a million 1 millions!
The government needs to be completely abolished and never re-establish it
Thankyou for posting this and hope it gets spread around.
It’s all too true man it’s been strangling the standard families, and the crunch on the workers is only made worse by the increase of demand for physical workers to do more (to negate the rise of the new tech…)
“Make you work harder for your dollar, make it harder for your dollar to work.” Seems the way now…
Good to see you’ve woken up Chris 💪
Just yesterday I got a $75 concession on my electricity bill and I remembered the government announcing the hand out. It turns out they have given this payment to every household with no means test and it is surely just more money printing. The bills will be up by more than $75 in no time at this rate anyway.
Labor knows how to buy a persons vote. ALP are masters at deceit
Albanese and Labor have to go, vote them out, Albanese can’t stop spending, he is like a drunken sailor with the keys to the bottle shop !!
You are only talking Federal debt, add on the State debt. Victoria is at $180 Billion, WA is about $40 Billion, the WA treasurer proudly announces surpluses quite often from all the gas and iron ore money BUT then announces an increase in debt, our Labor government just refuses to pay down any debt, they use the surplus to finance even more debt. These politicians must be brought to heal but how?.
The issue is politician's have no idea when it comes to managing money. A lot of them were lawyers, barristers, solicitors, union reps, ceo's, police officers etc before entering politics
Probably paying $20 for a cup of coffee before their political careers without realising its unaffordable to the average worker
23 billion doesn't come out of consolidated revenue, it's a payout from the reserve bank that goes to whoever is owning those bonds. And that money goes on to spent into the Australian economy, mostly assets. That causes inflation, resulting in your money buying less. To make up for it, you can become more efficient, ask for more money for the work you do or suck it up because you don't have any political force. You'd understand this better if you realise how banking works via double entry bookkeeping.
The police in Victoria dont even have anything to do with Australia
Theyre known as Vicpol on the NYSE
Ausgov is Australias name
This is no joke, its real.
i knew we were a corporate entity traded on the USA stock exchange but how can the police be put in that position? To me this means they're competing with criminals for profits, or they make bonuses on busts, could even be a balancing act. Are you sure? When did this happen?
I immigrated to Australia.... I love Australia. But, from what I see of it, I will have to retire in a different country :(
I hate paying increased interest because people borrowing beyond their means.
Morrison government plundered off $368 Billion on the Aukus deals without seeing light at the end of tunnel. So Liberal are worst! yet Albo chose to go with that deal. We need a leader that are not hood-winked by the US into any deals that cost all Australians.
In the year 2000, John Howard was PM, until 2007.
Then we had Rudd/Gillard for 6 yrs, until 2013.
From 2013 - 2022, we had Liberals again. Abbott and Turnbull.
So, essentially 16yrs Liberal and 6 yrs Labor.
The state of the housing market TODAY is due to the past policies of the Libs.
And Labor were too busy fighting in factions.
Both are responsible for the changes . Well, Liberals more so as they were in power substantially longer.
Stop believing there is a distinction, they are all owned by the same puppetmasters ... it's an illusion of choice, and difference over 1 term is just part of the game, and could be due to a million factors.
@wrongthink1212 my point was to the contrary.
My point on only the issue of our housing crisis came from my opinion that Labour are absolute sh*those at dealing with it,,,, and because they are one and the same, we must not forget the Libs were sh*those too. When we forget we loose focus. They love that
Howard government was strong. Start the tally from Rudd Gillard. That's when the damage started. Nice try left arrrrrd. Luckily albo who gave all our money away and mass migration which cripled us ,will be gone in a few months..bye bye 1term labor
@@AA-fi8xj nah. Airbus Albo has done the worst ..vote labor out .worst pm in Australia ..MAGA make albo go away🇦🇺
Nah, Albanese owns this sh#tshow.
Yeah it's quite sad. The aud is the biggest shitcoin on the market.
I left 2 years ago - best decision ever. If you’re young and an entrepreneur head for SE Asia or Dubai. Australia is finished if you don’t own property as there is no incentive to work hard anymore.
This government is not the ones been running up the national debt. The macro management of Chalmers this term has been A+. The wheels were put in motion with Howard giving away our natural resources. A lot of work to do on cost of living, but truth is Labor lost an election trying to fix housing affordability, and is now scared of being too far left. We the electorate are to blame for our poor and ill-informed choices. Now, they simply cant fix our bad decisions overnight.
Who do we owe the money to? Who are we paying the 23 Billion interest to?
Exactly. All western countries are the same as well. Who the hell has lent us all those trillions ?
It has to be one or more of the following: IMF,WORLD BANK,OTHER COUNTRIES, PRIVATE LENDERS AND CORPORATIONS.
Bond holders. The Gov issues the bonds and they are put on the open market for a price and return ( interest rates ). The buyers ( holders ) get the return for as long as they hold them or they expire at which time they get their principal back.
If there are no buyers or the rates are too high, the RBA can buy them instead. This is what is commonly referred to as "printing money" since the RBA ( and commercial banks when granting a loan ) are the money creators.
Thank you for sharing your concern and spreading awareness. As per many comments here our economic situation is caused by both Labour and Liberal. If only Aussies will all wake up and stop voting these parties in. We unfortunately don't have anything in the constitution to hold them accountable as per Punter Politics who emphasised this issue. They're continually perpetuating and expanding our debt by mix of mismanagement on property market, lack of taxation on multinational corporations, bleeding our natural resources without directing returns via tax to pay for those resources, astronomical prices on Aussies for those same resource energy and gas...list goes on
How much in Jobkeeper hasn't been paid back yet (by companies)? I'm sure there's at least a few million can be claimed back there along with lots of missed company taxes. We're finally turning into Argentina (around 1900 we were on the same level).
I have a medium-high paying job and I have given up on the prospect of home ownership. Even if I had the deposit gifted to me by my parents, the mortgage repayments are 6-7k per month.... no thanks. Will probably be forced to buy in Dubai or Thailand.
Keep up the good work Chris. I hate to say it out loud, but you are not angry enough yet. You need to get together with like minded young people and form a protest group. You need to get loud, and get noticed. The government needs to know civil unrest, a rebellion is on the horizon.
We are most definitely NOT " The lucky country " anymore, our politicians have and continue to fail us at all levels.. Sad..
I share your pain buddy, the UK is now going down the crapper, faster than it was already was.
Our dollar going nowhere, just look at the chart over the last 10 years
That problem has been looming for a better part of a decade. I left Australia in 2014 and never looked back. The number that alarmed me back then, 186% household debt to income . That is as high as America during the implosion of GFC.
And it’s now 10 years, 10 YEARS since and nothing has changed but got kicked down the can even further.
Good luck to my fellow Aussies.
"Australian citizens party " the only adults in the room!
Stop depending on the government and take care of yourself!! Life is easy and much better this way!! For me, life has never been better!!
You get written up if you show up to school ''unorganised''!!!!! imagine that.. getting told off for not having a calculator or something and the teacher literally not giving you one so you just cant do the work anyway! WHAT THE EFF
Never voting for labor or level again.
The AUKUS submarine program will cost 368 billion dollars so that could be scrapped for a start imo.
And they all come in the colours of the rainbow
After all that debt we have nothing to show for it.
Victoria is now @ 53% stressed mortgages. It's going down the toilet here.
What's the bet this was their intention all along to bring in a "neccessary" tax on super!?
the government keeps giving out tax dollars to home investors
You're not wrong Chris, its a downhill slope right now
You’ve found your niche mate. Crushing the YT views - well done.