Australia Should be the Richest Country in the World!
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- Опубликовано: 14 ноя 2024
- We sat down with Matt Barrie, CEO of Freelancer, for an in-depth discussion about Australia’s housing market and economic future.
"Australia has all the resources and potential to be the wealthiest country in the world. So why are we facing a cost of living crisis instead?"
This clip is from the full episode: • Matt Barrie: How Austr...
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Hello everyone - here is the link to the full episode!: ruclips.net/video/EpdY-KrPltQ/видео.html
Yes ya think . That would be if our government owned these places still but no sold everything off . Now what we are all battling harder each year. We are following the same lines as America and we need to walk our own path. Products produced in Australia should stay in Australia . Stop experts for a year . Imports stop one year. Watch Australias wealth grow. Tax these companies just taking our gas coal hell tAke the mines back from these companies and make them ours the people's Australian . Then we can live again. Sadly the path we are on it's only coming worse
Corrupt business leaders, corrupt politicians. There's your answer.
You forgot one, corrupt media, to complete the evil triangle.
You pinpointed the problem,
Yes you are absolutely right there Thank you
No.1 is we the majority for allowing it !
Lol and no other county has that apparently 🤣🤣🤣???
We are also "Giving away" our gas, with a loss of 90 Billion dollars per year, then buying it back !? FFS !!!!
Imagine what that alone could do for our country, what is going on?
Yes i remember when john howard signed away our gas for 3 cents a liter unindexed.
Predicted at the time it was a national disaster.
Treason
This is known yet we still let it happen like nothing happened, this is what happens when the "parents" are in charge aka the government, you can question them because they are at the top, it's sad
Give a politician a million dollar bag of money its corruption. Promise them a million dollar job if they get legislation you want passed - thats good career making.
Energy Australia and Alinta Energy is owned by the Chinese Communist government.
I've been banging on about this for decades, back when the only people that used gas were the taxi companies..... now look at us ... we could have been running the whole country on gas for the last 40 years....ffs. instead, we were selling it to China for 3 cents a litre.
Have to agree, it's totally absurd what been going on here, our politicians should be held accountable.. It's almost criminal the way Australia has been run.
No , politician and government are elected by the people what we vote is what we have . We put in place a bad and most corruption government from the pass till now and we have a bad result of a richest country now become a country living in borrowed , on top of that we still have trillions of debt to paid.
@@ductritran8637you cant vote in Wylie Coyote or the road runner if they arent on the ballot we have a blue bucket of shit and a red bucket of shit to choose from. A manipulated system so oh wise one how do we get around it. I sleep at night by not voting at all
@@ductritran8637how is this our fault when we always have the choice between shit and diarrhoea? To elect a good leader I need to have an option to vote for one…
@@MarkoMijuskovic To be fair, you could run and if you offered any solutions I'd vote for you. People want others to do the work, but they won't do it themselves. That's Australia in a nutshell. People complain but won't do anything to change things as they are. It is our fault. It's everyone's fault for simply allowing it.
I could be wrong, though.
@IsaacMontalvanOfficial you think voting actually means anything? The government is an administrator of usufruct, they are quite literally serving a foreign power.
ALL the mining companies are NOT Australian.
They are BHP/ BMA, RioTinto, Glencore, Anglo-American, Santos etc etc
The money that should be going to the Aussie Marketplace goes overseas
BHP is kind of Australian
Lol you forget Northern star, Norton Goldfields although they are half Chinese and Canadian
@xpusostomos no it isn't, just because a lot of people work FIFO in it
BHP started in broken hill
@@deanriley5690 they moved, or half moved to the London exchange. Though what exchange it trades on seems irrelevant compared to where the shareholders are.
I am glad I'm not the only one who thinks that Australia Should be the Richest Country in the World.
Thought I was going nuts as I have been saying it for years but never heard anyone else say it - until today.
Matt sounds more intelligent than any pollie I have heard speak.
Maybe we could pilfer him to be our next prime minister & let him select his team & turf the rest.
There's a lot more to the problem than politicians, they're just following orders
oh my god this bloke should be running the place how correct is he. This should be on the headline news.Everyone knows whats wrong just cant doing shit about it.
We have everything that makes for a wealthy country. However! we also have very poor leadership, and parties that are corrupted by profit focused corp's.
We actually have NO leadership
It's not "Poor" or "Weak" leadership. It's corruption at its best in every aspect of life in Australia.
I can say the same for your neighbor up here in PNG.Corrupt leadership
We are still a very wealthy nation not as wealthy as it could be.
One thing people have not mentioned is endless divisions on everything and anything. Political ideologies, race, gender, sex, class, feminists v men etc etc etc. Society far too divided into TRIBES. POLITICS is the problem. Everyone is too busy fighting each other on identities and ideologies. Warring tribalism. Nothing gets done because you cannot get 10 people in a room to agree on anything and if you get 10 people in a room it must have the right diversity mix, the right racial mix, the right number of women and right number of non straights and so on
Look at all the ex pollies that are now consultants for gas and mining companies.
Here a guy from Argentina!
What the guy says is absolutely true, and my country has also everything to be an economic superpower too, however socialism is in the government and trying to get in people's minds.
You have to defend your country, and institutions at all costs. Politicians are the ones who make the rules of the game, so it is extremely important to be aware about politics at first, than then regretting about what happened.
I believe you should really fix your houses prices and corporations corruption by putting preassure on your politicians! believe me, is and advice from people who suffered it and now is paying a massive cost for that reason.
Your country is amazing, and you should defend it at all cost. you got everything to win and be top leaders and i hope you become that.
All the best to Australians. Beautiful country and people! Cheers!
😂 argies are too lazy and arrogant.
@@simo-dv5xk yeahhh and that’s because we are the world cup winners ;)
@@marco9993 bwahahaha PENGENTINA LOL LMFAO how many dubious penalties given, some of them not even a 50/50 penalty FFS (lots of pesos used for bribing). How embarassing. And you're economy is just back drop farming. What science and technology does Argentina provide these days. hahahahahaha
I'll swap u our country for your women?
@@spongybone4071 wait which of all of them?
Oh, but we are an energy super power...Just ask Twiggy and Gina.... They have amassed personal fortunes that will last 500 years.
Instead we dont effectively tax or manage these finite resources and as a result a group of people that would fit into a 1999 Toyota Tarago have reaped all the rewards.
We should at a minimum have over a trillion dollars in our futures fund, like Norway does and the best free education, healthcare and infrastructure in the world.....Instead Twiggy has a nice jet.
Should worry more about how albo is spending your money
@@666Havers he's spending it exactly how he's being lobbied to spend it... Which is by the mineral resources sector, property developers, Rupert Murdoch and the big 4 banks.
Envy doesn't solve the problems.
There is a problem with wealth concentration.
But there is a bigger problem with government policy and social engineering.
Matt Barrie for PM
Matt you are soooo spot on. Our political class from both sides have been woeful. Time to buck up and get this country sorted out.
Thank you 💗 for explaining the situation we are in because of our uneducated politicians. I am showing this post to anyone who will listen.
We are the richest country in the world it’s just the banks, corporations and governments who are getting these riches! These resource revenues should be distributed to the Australian people not banks and corporations and corrupt politicians!
This is the correct reason
Governments would rather tax people then gas companies
They work for the corporations and not the people because it's corporate money that makes them electable, propaganda is not cheap and it works.
Not both. (Than*)
We are Norway, except corruption is legal.
No iron ore should leave our shore unless it’s turned into something
It's too expensive to make shit here and more profitable to sell the ore.
@@666Havers that line of thinking is so so stupid , only a handful of full of countries have the ore so if they want and need products made from it the price is the price it’s no different to how the supermarkets hold us hostage to the food prices , you pay it because there isn’t an alternative.
Hard to say.... There are other countries with iron ore and if we process it and it's too expensive it might not be sold
19 of 20 of the largest mines are US owned. That's the issue. Our gdp would double if it was all Australian owned.
@@666Haversthat thinking is why there’s still kids making things overseas, id rather pay more for higher quality things made in Australia
Dont vote for either of the 2 major parties on your ballot paper
I don't think voting's gonna do shit mate
@donnytuco I think you're right. Too many f###withs voting the wrong way
You’d think Australia would follow the Scandinavian countries and not the US. More people doesn’t necessarily mean better outcomes or stronger growth. Japan and South Korea have shrinking populations yet their economy is still growing, (yeah they’ll fall down the ladder in a decade or two) but at least it’s sustainable like Denmark. Australia is not sustainable at the moment.
I agree but unfortunately I also don't think that Australia should follow Scandinavia when it comes to their far left politics
Yeh you tapped it but go look at our original colony dictates, maybe some other first settler would have done better. The USA atleast had a war of independence.
Japan has been trapped in stagflation for a long time now.
@@jacobjgleggy1854 Exactly, take the good parts of out of Scandinavia, and adapt them here, leave that weird radical identity politics stuff out. Same applies to US too, take the good parts of out there and adapt it here, leave that far right religious crap out.
Definitely feels like the ladders being pulled up on the younger generation here. Australia is a great country for staying rich but a very poor country for getting rich.
Spot on. Australian Industrialization was going pretty well until Globalization happened and our "Leaders" realized that was cheaper to import stuff rather than make it here. Australia made Jet Fighters and Mainframe Computers in the 1950's and we even had a small space industry in the 1960's. Imagine if Australia would have continued with those 3 industries. Now, just a handful of countries in the world have a Jet, computer, and space industry together. The lack of vision of both parties (Labor and Liberal) has been massive, they are pretty much happy with digging stuff from the ground and selling it to other countries.
It wasn't a lack of vision it was corruption. Whitlam signing the Lima agreement & non stop corruption for globalist concerns ever since.
This needs to get clipped and go mega viral
Start by rebuilding the skilled manufacturing sector, abolish the archaic private schooling system (adopt Finnish schooling system), and stop allowing individuals to own 4+ properties.
Nearly all relevant manufacturing skills are Chinese ... We lost the skills 40yrs ago. The old skills are no longer relevant.
It might be a win win situation by bringing in skilled engineering manufacturing migrants in. Specifically engineers.
Not the immigrants that invest in multiple properties.
We can rebuild companies here, put in a policy for them to train Aussie teens as part of their license to operate here. Then after 10yrs we'll be skilled again.
We'll continue to meet migration quotas and that should keep the property vampires somewhat .... Back to reality, on the ground without exposing them to sunlight.
It might work.
We had it before but we didn't want to play the long game and sold out for short term success.
Exactly- taxes that I and you pay should not subsidise property portfolios. If you want to amass multiple properties than good for you- but positively gear it. I shouldn't have to give you my tax $ to pay off your house.
This is because of the last 40 years of handouts @@ngjimmy This is no different in if you spoil your kids and give them a free ride. They will not appreciate things, never having to work for it. I have seen this time and time again. There is an attitude of entitlement deeply embedded now in society. Everyone cries when they don't get what they want. Everyone wants to make big money without doing the work- this is the result.
@@eyes2338The housing market in Australia has been turned into a pyramid scheme. Think about it- you have to keep pumping in big money from people coming in on the bottom all the time. This is so everyone further up the pyramid can make big $ gains for doing nothing. It will collapse when the money stops.
Indeed, you would think all of this! But our federal politicians have decided trading existing houses between each other, at ever higher and higher prices, is the way towards" real wealth".
By design. He's right: with the will it could all change overnight.
We tried to nationalise the mining sector in the past and look how that turned out
Thats what happens when u give away everything for free because of kickbacks to politicians
We also do no value add.
We ship iron ore, we don’t make much steel.
We ship lithium oxide, we don’t make batteries.
We ship bauxite, we don’t make aluminium.
We ship grain, we don’t make flour.
We ship wool, we don’t make twine.
It’s all very frustrating
You are exactly correct, Australia ranks with third world countries in the economic complexity index. Simply put it's a one trick pony
This is why we need someone like trump here, a bull in shop who will turn around and tariff foreign countries for this and remove red tape for Australian businesses to start producing the goods here and selling.
We have all the material yet nothing is Australian made.
There is a big problem everywhere, not in Australia only: whoever is in charge of the country - never holds any liability to its actions, no matter how disastrous consequences are...
Australia has too many people demanding too much money for them doing too little work. This is what's pushed prices in Australia higher over the last 40 years. More people with money demand more goods and bigger houses, and demand has just pushed up prices.
Really? the houses in Australia are pathetic because of the silly small blocks. It's terrible 180nm2 block for $350 crazy!!!!
Ha yes, the good old blame the unions trick. 😂
We have too many people getting paid too little for their work as well. Wages have been stagnant for 10-20 years, wage "growth" is lucky to be in line with inflation. If these massive companies would reduce their profit percentages by a few points then wage growth could happen, and more people with more money to spend means more money in the entire economy instead of being hoarded on balance sheets of large organisations or sent overseas.It's not people demanding too much money for too little work, it's too little money for any level of work.
He didn't say all of minning gas all off it is less than 10% of tax
A brutal but mostly fair evaluation of Australia’s economic status.
Politicians have sold us out !
I’ve been saying this for a long time. We need to vertically integrate industries and should have the largest Silicone Fab and Battery manufacturing industry in the world. Instead it’s become a woke socialist dystopia
As a Scot loving living in Oz,ive told Aussies this for years
This bloke reminds me of DEA Agent Hank from Breaking Bad.
Well I've watched the video clip and read a lot of the comments. Most of us seem to be in consensus with the issue. The question is, what on earth can we do about it. We know what should be done. But, in reality, what can we do as a nation, and what will we do as a nation to turn this situation around and put things into perspective as suggested in the video.
Indeed, that's the burning question. Every western nations government needs to be overhauled
The masses are living in a comfortable delusion thanks to the control of the news media by the elite. Most people have not got a clue.
Don’t forget the $7 surcharge at bp petrol station by NAB to use eftpos. People need to check there fuel receipts because your not being told of that fee
Could you supply some refrences on the rankings you quote? Im not saying they are wrong but keen to understand more
Please produce a clip providing advise for 50-60 years olds on how to best prepare for the future financially
I've been saying that for years, Australia can be a super power
Interesting watch…
In 1970s our politicians signed us up to the Lima agreement and we have been in a race to the bottom ever since.
That's right!Explained this before. That's why Australia's manufacturing proportion of GDP has fallen from 18 % 50 years ago to 4% today.Most production has moved off shore to take advantage of cheap labour. Trade union wage / salary demands made our manufacturers uncompetitive. Now the greed and excess profits of multinationals, banks has hit Australia's with the other barrel.Too many crooks around too !!
@@lloydsingline340 Was a U.N policy request, the way I always understood it.
I'm in my 70s and my recollection is that's when our industries started going down the tube.
We could export the famous game of "two up", ozzie rules, etc.
Great summary of the craziness here 🙂 we know who is pulling the strings 🙂
Truer words never spoken
The man speaks sense and facts. We don’t need immigrant food courier cyclists; we need a SKILLED migration policy and for that we need a strong vision and leadership for Australia’s future economic development. Without that, we don’t know what we’re skilling for…hence the preponderance of immigrants ferrying around food parcels on courier cycles. It’s insane how stupid our politicians are. They’re not fit to be food couriers let alone politicians entrusted with our future prosperity (or lack thereof) in their hands. 🙄🤯
Good show bro, I'm from Argentina and its scary to see how Oz is moving in the same direction we took 100 years ago, hope im wrong and Aussies don't fall for that!
I like the interview Mel Gibson did with Ray Martin decades ago i think it’s on RUclips.
Short and sweet and blunt Mel was
ruclips.net/video/ORxcC_55X6s/видео.html
Most sense I've heard forever
Matt and also Pockock believe that we should be far far better off . The immediate question is who do we vote for?
Klaus Schwab WEF and China our leaders work for!
I'm from New Zealand I am over 50 the last 20 years I've been telling my friends Australia is capable of becoming a superpower so what's holding you back
100% correct. This guy for PM.
Could not be more accurate in your diagnosis.
I still can't believe that nobody understands that the Australian Government is an LLC on Wall Street.
Run for our country. Logic Rules!! I'm sure you would have a country in support!!
Do not blame the politicians, media leaders, or business. Blame yourself for becoming complacent when found the comfort.
All that iron ore and where are the steel mills?
Great data but I was listening close for a solutions…
100%. Australia has so much potential. Very frustrating!!!!!!!!!!!!!!!!!!!
We should do what Norway do, with regard to tax when mining companies export Ore from there. taxed at 30% of the value of the Ore being exported .... No exclusions, no exemptions. Also, foreign companies should pay 30% tax with no exemptions, no exclusions. Also, no exportation of scrap metals or anything that can be recycled. More grants to genuine Australian owned companies. What do you think?
We Australia should be a manufacturer super power utilizing our own resources and own people employed. There is no excuse for multinationals based overseas to dictate how we conduct ourselves. We need our government to implement policies to support local entrepreneurs and start up businesses and support local manufacturing like South Korea has done and China has done as well as Japan. Instead we're allowing and relying on the sale of Australian brands, businesses, inventions, intellectual property, and resources to overseas multinationals.
The problem is our local govt is no different from hiring a bad CEO who makes stupid changes for a couple of years, dismantling processes and progress in the business and leaves the job after a couple of years with a nice bonus, leaving a half baked business plan. With half the talent/ employees leaving to the competition. Or in our local economy's case, valuable assets sold off to overseas businesses.
We should be walking on streets of gold.
Yep drive the excuse of the great Eastern hyway Perth to Kalgoorlie. Not to mention how many years it took to upgrade the great Northern especially the wheat belt electorates.
That's ridiculous for so many reasons
Gold aka perfect infrastructure and roads, world class actually, shows how greedy and corrupt our government is that we instead have the highest cost of living and taxes in the world, they are milking us dry and selling us out
We should be refining and creating our own resources to usable states but we don't.
You are exactly right- but the problem is noone wants to work anymore in those type of jobs. Young people now just want to be managers when they leave school and leaders. This is the shit they are taught at school. Everyone is living in a delusion. It all comes back to- you have to crawl before you can walk.
Just the truth no debate to be had.
How much is spent on sport while our hospitals are falling apart
Should be I agree, but the politicians keep most of it for themselves.
OMG as if population doesn't matter. Every now and then I see videos like this and realize it's more entertainment than reality .. but reading the comments, it does get people excited.
The one comment I was looking for. Australia isn’t an industrialised country, yes there are resources over here but Australia will never reach e.g. Germany in the next 50 years (if ever) wrt industrialisation, engineering, etc. Not enough people in those fields to begin with let alone government buy in.
I have been saying this for over 25 years old. I am now 47. And everyone said I was stupid.
Matt Barrie for PM.
Feel poor over worked broke and hopless
3:41 Skilled workers are needed, champ. You really should note that important aspect.
Jew detected
What are we going to do about it is the question
This guy should run for parliament
If that situation as he described, and those politicians are failing to run the county , the key question here, where is the community?! Why we failing to relive our political life ?! To bring our country to level we deserve
It's a planned design simple.
"It's all being caused by government policy which could be turned around on a dime." I have been waiting to see what they will do, but this government clearly has no idea what to do.
Our 'ally' would never let us be number one over them at anything.
I once asked a sharp minded acquaintance of mine to sum up Australiain one sentence.
Biggest wasted opportunity in the world.
He is from Europe. Me N America.
His sentiment matched mine. Almost word for word.
Exporting gas and then buying it back. How does that help the environment?
I’m a full time carer, and now struggling financially!! This country gov don’t care, nor do the rich!!!
Also i was a full time carer , after 16 years what has the government done for me ? Zip Yes i got an allowance = 2 coffee's a day , now times changed , gov wont support me , no one to care for me i have no lifestyle , food and utilities too expensive , living made impossible by greedy politicians and corporations coercing members in government to pass bills to their advantage to make billions! pollies sold out this country
Too bloody right!
The banks are getting rich.
30 years of your labour are baked into house prices.
Are you talking about Labor....ie the political party?
@ML6103 bro
The problem is so many low IQ people have the right to vote in Australia. You're one of them.
I'm saying....
House prices are expensive because it's the cost today AND 30 years of your annual salary (hard physical labour) that's baked into it.
The banks get rich from their loans. And they are the ones who keep convincing either government party (Labor or ALP) to pass laws that encourage people to keep taking out 30 year loans.
It seems to be more of a services economy, given all the tall buildings and accounting and legal firms ect in the big cities, just look at America or Canada there's your answer, Canada has some of the most expensive real estate, high cost of living and they are still increasing immigration Australia's government reads from the same play book.
Expensive property is another tax from poor people to... rich people on top of government tax.
Which make groceries in the supermarket more expensive as the price of milk include the rent on the building and storage it was at.
This guy will have my vote if he runs for PM
This guys is spot on .. I always wonder why is Australia the most expensive county is the world . Simple green polices
What fucken green policies
Well... You would expect a country that's doing well too be expensive
As long as we allow governments to not tax multinational companies how the hell are we going to lift our standard of living? No manufacturing, steel? Lithium sold as raw mineral! Do you recon we could make a battery or two our selves?
We got politicians too
We need people like this man running our country. Sadly our electorate is too stupid to vote for them.
I’m a born Aussie, the only reason I haven’t left is because of family, otherwise I’d be gone in a heart beat. It’s not the country it used to be..
I’m moving once my children are out of school , I’ll rent my house and live somewhere else where I don’t know the language so I don’t have to hear the media BS
What magical land is the top choice?
Absolute dribble
@@user-wb7nv9ht1g it’s not magic it’s economical , rent my place out for four grand a month and live somewhere where your money goes further I know the visa thing it trick but you can live between three countries a year so you if you can afford it buy three places or rent swap with two other people that are doing the same , you can buy a nice little cottage in Brittany France or Spain for $30k rent in the Philippines or Bali for cheap and you can also rent or buy cheap in the US. I’m in my 50s so I don’t give a toss where I live just I don’t like the woke money hungry BS here.
where to?
You missed $3.5 trillion of super funds under management. This is a sleeping giant and huge individual wealth creator. It also helps Australia’s overall balance of payments a lot as a high percentage of these investments are international. So, it isn’t all bad. No other country, except perhaps Norway, has this type of managed wealth.
Being eroded by $30+ billion a year in administrative costs by an army of leeches.
We should be dropping all sanctions against any country, announcing Australia is a neutral sovereign country who will decide our own foreign policies and Apply for a BRICS partnership, sell our commodities in Australian dollars. Once free from US sanctions we can burn our own Coal, make our own steel and revive manufacturing again, Australia used to manufacture all of our own goods for Australian people. BRICS is our future as the only western country in Asia.
My Dad use to say the same thing.
But unfortunately the politicians Federal ,State and Local crooks all have their snouts in the trough
Buenos Aires was never second richest in the world. Melbourne indeed for few years in 1880 was ruchest in the world because a boom and some trade within British Empire.
Australia should be an independent country 🇦🇺
Omg, someone finally said it
Really eye opening
Finally I see someone with the exact same thoughts. We need all the multi-millionaire and billionaire enterpreneurs of this country to take over management. Stupid leadership of this country by both major political parties has landed us here where the Australian dream is dead and the middle-class is on the verge of total annihilation. We suffer an energy crisis from a war in Ukraine which shouldn't affect us in the slightest if we used our energy resources here first.
As I migrant, can't believe how far from top countries..we are..