Edna's Possum
2.9K posts


@bowtiedstocks The price of materials and labour is going to practically double of the next couple of years (months). Why would house price go below cost?
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Edna's Possum 리트윗함

The evidence suggests the NDIS is reaching those in genuine hardship and fostering greater independence and participation. Read the full research note here: bit.ly/4t4aEXg . 6/6
#NDIS #HILDA #AusPol #e61Institute #Economics
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Edna's Possum 리트윗함
Edna's Possum 리트윗함
Edna's Possum 리트윗함

Very unlikely to happen. Even if we land into recession. You are missing two vital ingredients: an oversupply of homes and stagnant population growth.
We have neither.
A 10% decline or a bit more?
Yes that could happen this cycle. But for the big one to occur, we just don't have all the cards lined up, IMO.
Crush The Market@crushthemarket
A -30% correction would take out majority of property investors especially as mum & dad have guaranteed family purchases. Few understand-50% is coming. Complacency is very high thinking intervention will save them.
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@scottyskrim @LouiChristopher Exactly, what will an airfare from Nepal to Australia cost in semester 2, 202
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@LouiChristopher Wonder what a $30,000 plane flight would throw into the mix
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@jaiparker79 @LouiChristopher Nah, we're tiny for China's production. People will dig deep for $ of the alternative is being grounded.
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@EdnaPossum @LouiChristopher Some of them are, but if everyone rushes out the cost rockets. And not everyone has $25K for a car (looks in mirror).
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Alright, a just for fun scenario:
PHASE 1: “It’s just a bit of rationing" - Late March 2026:
Govt finally admits the stockpile tap is running low. Energy Minister holds a presser: “We’re introducing temporary fuel rationing to protect essential services.” Every vehicle gets a monthly quota – 40 litres of petrol or 30 litres of diesel. Apps and QR codes mandatory at the bowser. Regional farmers get priority… on paper.
Early April: Ration cards arrive in the mail (yes, actual plastic cards like the old days). Panic buying turns into orderly queuing. Memes explode: “Welcome to the new normal – 40L or walk!” Prices hit $3.50/L anyway because “market forces.” Border states start checking fuel tanks at state lines “to prevent hoarding.”
PHASE 2: “Travel? What travel?” (May–June 2026)
Mid-May: Rationing isn’t enough – supply ships are delayed. New rule: “Fuel permits” for anything over 50 km. You apply online and get approved only for “essential” trips (work, medical, school runs). Non-essential? DENIED. Road trips to the beach? Forget it. Truckies form convoys; truck stops turn into protest camps with signs saying “This is how you kill the economy”. The police arrest some truckies as a deterent and then debank some more.
June: “Operation Fuel Security” launches. Non-essential vehicles (read: your 4WD) get temporary registration suspension if you exceed quota twice. Public transport and EVs get massive subsidies. Cities introduce “car-free days” that somehow become “car-free weeks.” First fines handed out – $500 for joyriding to the shops.
PHASE 3: “For the greater good…” (July–August 2026)
July: Shortages cascade. Supermarket shelves start emptying because trucks can’t run. Govt declares a “National Fuel and Supply Emergency.” New app “SafeFuel” tracks your movements via phone GPS and vehicle registration. Step outside your 10 km radius without a permit? $1,000 fine + 14-day “fuel re-education” (online course about walking more).
August: Schools and offices go hybrid “to save fuel.” Regional towns get “fuel checkpoints.” Media starts running stories: “Is staying home the new global good?” Protests in capital cities are met with “please disperse for fuel efficiency reasons.” First whispers of “we might need stronger measures like 2020.”
PHASE 4: Full COVID-Style Lockdown
(September–October 2026)
Early Sept: State leaders fronted by a "Dr Jerry Cann" announce Stage 4 Fuel Emergency Restrictions. “Stay at home unless you’re an essential worker or have a fuel permit. Five reasons to leave the house – now including ‘buying fuel’ as reason #6.” 5 km radius limit (down from 10 km because “we’re all in this together”).
Curfews from 9 pm because night driving “wastes fuel.”
Masks? Optional. But you MUST wear your ration card on a lanyard.
Weddings, funerals, birthdays: maximum 5 people, all with pre-approved fuel quotas.
Mid-September: National rollout. “This isn’t a lockdown, it’s a Fuel Health Response.” Borders slam shut between states again. QR check-ins return – but now they scan your fuel balance too. Parks closed “to discourage unnecessary travel that might lead to driving later.” Delivery drones and robotaxis become the only way to get around.
October: The full Melbourne 23-hour stay-at-home orders (one hour for “essential exercise or fuel collection”). Army helps distribute ration packs. Daily press conferences with graphs of “fuel consumption curves”. “Be kind, stay home, save a litre” is the new slogan. Fines hit $5,000 or 6 months jail for repeat offenders. Everyone’s backyard suddenly has a veggie patch because super market deliveries are “fuel rationed.”
PHASE 5: The New Normal (November 2026 onward)
Lockdown eases in waves once the war cools or magic refineries appear. But the apps, permits, and “Fuel Health Officers” stick around “just in case.”
By Christmas: “Freedom Day” – you can drive 20 km without a permit!
What do you reckon – too dystopian?
Let's see now...
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@EdnaPossum @LouiChristopher Sure I'll just get one from the corner store, only about $30 or so right?
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Edna's Possum 리트윗함

AUSTRAC is investigating a widening mortgage loan fraud scandal, after a syndicate duped Commonwealth Bank into writing $1 billion in loans off fake payslips. ebx.sh/22qWJG
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Edna's Possum 리트윗함

🇦🇺🇮🇷 BREAKING: Sydney marches against US Israeli war on Iran.
Thousands on Gadigal Country. Traditional land. Modern protest.
Australia sends jets. Hosts bases. Follows Washington.
The people? Marching against it all.
The empire thought they'd stay quiet. Sydney proves otherwise.
The war is global. The resistance is global. The silence is breaking everywhere.
While government sends weapons, the people send a message: Not in our name.
From Sydney to Tehran. The streets are speaking.
March against war. March for peace. Australia just joined. Who's next?
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A Queensland government minister intervened to ensure that a new theatre would not be named after the Aboriginal poet Oodgeroo Noonuccal, overriding the theatre’s board, according to documents obtained under right to information laws. theguardian.com/australia-news…
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Edna's Possum 리트윗함

🇬🇭🚨 JUST IN: Ghana moves to table UN Resolution declaring the transatlantic slave trade the "gravest crime in human history."
Not a metaphor. Not hyperbole. The gravest crime.
For 400 years, millions stolen. Families destroyed. Continents drained. Economies built on bones.
The West never apologized. Never paid. Never even fully acknowledged.
Now Ghana is forcing the conversation. At the UN. On the record. For history.
The transatlantic slave trade wasn't a tragedy. It was a crime. The gravest in human history.
Ghana just reminded the world. The silence must end. The reckoning is coming.
Share this. The victims are gone. The truth isn't. The resolution is the least of what's owed.

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Edna's Possum 리트윗함

“Defence analysts say the world-class capability of RAAF’s Wedgetail aircraft could help against drone and missile strikes carried out by Iran”
No. Just fucking no. I’m sick of Albo’s love affair with the warmongering, child molesting trump & netanyahu
theguardian.com/australia-news…
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Edna's Possum 리트윗함

BREAKING: Donald Trump is reportedly furious with Pete Hegseth for calling the Iran War "Operation Epic Fury" because it has the same initials as "Epstein Files," and now "#OperationEpsteinFury" is going viral across the entire world on literally every social media platform.
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Edna's Possum 리트윗함
Edna's Possum 리트윗함

In spite of a last minute venue cancellation by Adelaide University, a sold-out Adelaide crowd heard from Chris Sidoti, Francesca Albanese, Henry Reynolds and Lana Tatour on lessons and links for Australia on settler colonialism and the ...
johnmenadue.com/post/2026/03/s…
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