Reece Hobbins
8.8K posts
Reece Hobbins
@editevening
https://t.co/9hvJt6NmIm
Melbourne Katılım Nisan 2008
1.1K Takip Edilen1K Takipçiler
@Polymarket “A$1B in interest-free loans shows how serious the energy shock is — when even stable economies like Australia start emergency support, you know the pressure is real ⚡
This isn’t just relief… it’s a signal that global energy markets are still far from stable 🌍📉”
English
JUST IN: Australia will provide up to A$1 billion in interest-free loans to critical businesses due to the energy shock.
English
@rationalaussie ya that was a missed opportunity to at least say, hey you should stay at home more, work on your garden, do a little reno, boost your home value.
English
If you're gonna waste the entire nation's time, at least pump property prices whilst you are at it. This is 'Straya afterall
English
What an incredibly useless National Announcement from Albo.
I knew he would be incompetent, but he really outdid himself this time.
Vague nonsense which will not address anyone's concerns.
The takeaway from it was 'I too have no fucking clue what is happening and I don't know what to do. Good luck everyone.'
English
@BikoKonstantin1 At this point the only logical reason is so we can top global lists and tell foreigners in airports that our city median house prices are all over 2 million, gas is the most expensive in the world, and beer costs $25 a pint.
English
"Real estate prices are a generational disaster." - this is true but most Aussies are ecstatic about it
Caillan@chinafutureclub
I’m worried about Australia. Cost of living is out of control. The spending power of one dollar has rapidly declined. Real estate prices are a generational disaster.. Now petrol prices are exploding and nothing is being done to fix any of it.
English
@levithorntonxc @texasrunnerDFW Decaying or houses with ‘character’?
English
@texasrunnerDFW I’ve done over 20 years in this business, thousands of rental units. I can tell you how this ends: the market resets. Nothing creates pressure like financial pain of decaying properties. The next decade will be full of opportunity.
English
There is nothing “accidental” about being a landlord
Can’t find a tenant? That’s on you.
Broken HVAC? That’s on you.
Roof needs replacement? That’s on you.
HOA violations? On you to address.
Tenant not paying on time? On you to fix.
Eviction? That’s on you to file.
English
@flyneworleans Currently in the parking garage, for normal security not clear, you’re probably looking at 4 hrs+. It’s supposedly 3-4 laps and we’ve done it once which has taken a hour. There is also a flag guy for the start of the line and that is way deeper into the far corner of the garage.
English
@markjeffrey Make it look like that creepy memory from Severence.
English
@OilersAdam Arguably Bouch getting probably 90pts and still not getting any respect, maybe even hilariously not a Norris vote, would take the cake.
English
@zerohedge Missed opportunity to call it the Justice League.
English
@DonMiami3 Everything is just fan scripts for Idiocracy 2: Sorry We Forgetted
English
We’ve lost the plot
Newt Gingrich@newtgingrich
Instead of fighting over a 21-mile-wide bottleneck forever, we cut a new channel through friendly territory. A dozen thermonuclear detonations and you’ve got a waterway wider than the Panama Canal, deeper than the Suez, and safe from Iranian attacks. chinatalk.media/p/its-time
English
@mmjukic What if the VP of McDonald's Asia/Pacific, secretly a Mixue descendent, has been waiting for this exact moment. Inside him has lived a secret older than the golden arches themselves, the Mixue prophecy. "When the clowns fall, the snowman rises." The McMuffin hegemony collapses.
English
It's fascinating how many people think that if you, say, airstrike'd a meeting of the McDonald's board and executives, the next minute every McDonald's location on the planet would revolt and begin magically selling Mexican food or luxury vehicles instead of McChickens.
Curt Mills@CurtMills
The sheer amount of disgusting fare here aside, you’re repeating a talking point that’s just false. The Iranian leadership is not all dead— far from it, they’ve merely had their 90-year-old leader removed for them (good job); arguably making them more effective and radical; and have a plan of succession and decentralization in place. That’s why they’re dug in and resisting effectively. It’s a disservice to the United States that the president and you actually believe this propaganda. We are in a revolting mess
English
@SpachusAus an ex-convict who misses prison but also really loves golf.
English
You can tell there are plenty of chancers in the market right now… especially on the #SunshineCoast 👀
This block of land was purchased for $655,000 back in 2014. Now? They’re chasing close to $6 million for the house and land.
That’s not growth — that’s ambition.
Are we looking at genuine value… or peak optimism? 🤔
Link below 👇
English
Australia says hold my beer 🍺
Kalshi@Kalshi
JUST IN: US housing market reaches most "unaffordable" level in history
English
@texasrunnerDFW they're just trying to maximise as much profits while they still can, before everyone is micro-dosing affordable glp-1s and this quantity of junk food becomes something you either re-distribute (Halloween) or lasts you years.
English
@DonMiami3 What about calling it the Italic economy cause you know that bottom line is never catching up.
English
i-shaped is what it will be called soon enough & they’ll give no credit
Peter Atwater@Peter_Atwater
"A K-shaped economy that persists long enough becomes a K-shaped society—where the top gets insulated enough to become careless, the bottom gets desperate enough to become combustible, and the middle loses belief that effort translates into progress." fortune.com/2026/02/10/the…
English
@cmkusher @matt_barrie Mailchimp says 50,000 people opened the email for ‘get a house for 95% off!’
English
Seeing this all over my feed and no doubt it is completely cringey. But my question is what are these 50,000 first home buyers in Qld they speak of? The scheme started October 1 and we don’t get ABS numbers on FHB until Wednesday. Over the September 2025 quarter there were 5,664 owner-occupier FHB in Qld so where on Earth are they getting 50,000 FHB due to this scheme from?
Francynancy@FranMooMoo
So cringe and tactless 😬 Imagine how those home buyers who could only scrape together a 5% deposit are feeling now, after the latest interest rate rise, caused by government spending and inflation 😕
English
@CactusCocktail @TheKouk sounds like a business opportunity to open an Opshop that specialises in collectible horse paintings.
English
@TheKouk Youre assuming some equivalence between who has assets and who has debt.
If you went and asked 50 indebted homeowners I bet 99% dont have businesses, horses and art holdings.
English
The usual suspects are out with the pitchers of snake oil, screeching concern about the level of household debt in Australia.
At 112% of GDP, it is the 2nd highest in the world. Yup.
That's around $3.3 trillion.
When the conversation of these snake oil sales people ends there, it unmasks the bias and naked scaremongering from those folk.
Against that $3.3 trillion of debt, households have $11.5 trillion in housing assets, $4.5 trillion in superannuation, $4 trillion in bank deposits and direct shareholdings, plus much much more in other household assets - cars, art, furniture, wine, thoroughbred race horses, jewellery, businesses, to name a few.
The balance sheet of Australian households is in fantastic shape and while debt appears to be 'high', the asset side is a huge and growing rapidly.
Household debt is not a problem, it is peanuts when compared to the assets we own.
youtube.com/watch?v=6c60hG…
YouTube
English
What exactly is this person going to do?
What’s their KPIs
Miss Madeleine@MadsMelbourne
Didn’t take the local council long! I wonder what qualifications you’d need to be a ‘social cohesion advisor’
English
@jasonc_nc agreed, wealth transfer, more like debt transfer. Extending the goal posts doesn't always make the game funner to play.
English
As good a time as any to remind you the “Great Wealth Transfer” is going to be more ripple than tsunami.
-just over 20% of baby boomers expect to leave an inheritance.
-over half of the boomers surveyed are explicitly planning not to leave an inheritance behind.
-much of the Great Wealth Transfer will probably wind up going to hospitals and care homes
No one is coming to save you. Every scheme is another method to front load benefits that won’t be available to future debtors.
English
@theausrepub @AvidCommentator or you could say, the same as their parents, cause kids today are more likely to be living with them for the rest of their lives.
English
@AvidCommentator Trajectory is more important than current position.
Plenty of kids these days are looking at a very bleak future, certainly worse than that of their parents.
English
For whom?
Things continue to get quantifiably worse for most Australians.
Anthony Albanese@AlboMP
We’re determined to build Australia’s future and make the greatest country on earth even greater.
English