K0ogs

62 posts

K0ogs

K0ogs

@k0ogs

The intelligent investor is a realist who sells to optimists and buys from pessimists - Benjamin Graham

شامل ہوئے Eylül 2020
549 فالونگ75 فالوورز
K0ogs ری ٹویٹ کیا
Gray Connolly
Gray Connolly@GrayConnolly·
Whenever anyone suggests European energy ideas to me as workable in Australia ... 'well, assume you have a battery.... a really large battery' - @FootnotesGuy is absolutely right here. We are a diesel fuelled continent.
Gray Connolly tweet media
Aidan Morrison@FootnotesGuy

And we import more diesel overall than any other country too. By a wide margin. Saving petrol by buying an EV just doesn’t help much. We’re the ultimate diesel-fuelled nation. en.hespress.com/130372-morocco…

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AusPoll
AusPoll@AusPoll6·
🚨 NEW: Federal voting intention 🟥 ALP: 28% (-5) 🟧 ONP: 26% (+8.5) 🟦 L/NP: 24% (-1) 🟩 GRN: 12% (-0.5) ⬛️ OTH: 10% (-2) Two-party-preferred 🟥 ALP: 51% (-2) 🟦 L/NP: 49% (+2) ALP vs ONP 🟥 ALP: 52% 🟧 ONP: 48% Spectre Strategy | 2-8 Apr | n=1002 | +/- 4-17 Nov
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Marko Matvikov
Marko Matvikov@MarkoMatvikov·
This plan was always going to fail. The fact is new supply has only gotten harder to deliver in recent years. It’s well past time the government got serious about solving this issue. That means: 1. Reducing immigration to reduce demand to enable new supply to catch up 2. Reforming taxation to direct new demand to new supply, and encourage downsizing for more efficient use of existing stock 3. Government directly building social housing for those who will never afford market housing 3. Reforming planning and building bureaucracies to enable market housing to be delivered more quickly and affordably
7NEWS Sydney@7NewsSydney

Australia's housing crisis has reached a critical point, with the federal government's target of 1.2 million new homes in five years already 77,000 behind after just 18 months. 7NEWS begins a special six-part series on the future of housing in Australia.

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7NEWS Sydney
7NEWS Sydney@7NewsSydney·
Australia's housing crisis has reached a critical point, with the federal government's target of 1.2 million new homes in five years already 77,000 behind after just 18 months. 7NEWS begins a special six-part series on the future of housing in Australia.
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K0ogs
K0ogs@k0ogs·
@TheKouk As a qualified economist, how can you think Norway's sovereign wealth fund is going to 'run out' once they sell the last of their oil? They have 2.1 trillion USD in assets. No wonder Labor doesn't understand economics with advisors like you.
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Stephen Koukoulas
Stephen Koukoulas@TheKouk·
This is wrongly framed. Australia has 20 million plus sovereign wealth funds - each individual's superannuation. Now $4.5 trillion and growing like the clappers & will not run out, as Norway's will when they sell the last off their oil. Oil output is already falling in Norway
Scott Phillips@TMFScottP

Norway's Sovereign Wealth Fund was established in 1990. Here's a list of Australian PMs since then who frittered away our natural resources by not charging enough, and who didn't put any of the proceeds aside: Hawke Keating Howard Rudd Gillard Abbott Turnbull Morrison Albanese

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K0ogs
K0ogs@k0ogs·
@taipan168 Minns is good no arguments there but one state out of the whole country doesn't cut it, especially when Federal Labor has been an absolute disaster.
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taipan168
taipan168@taipan168·
I’ve been saying this all along. Population growth in Australia isn’t above historical levels. But of course the innumerate morons who support One Nation don’t care about the actual data. afr.com/policy/economy…
taipan168 tweet media
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K0ogs
K0ogs@k0ogs·
@taipan168 Agreeing with you, then why aren't the governments of today doing it? Based on your other posts you've got issues with every other party that's not in power right now. Why isn't Labor taking any action?
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taipan168
taipan168@taipan168·
@k0ogs I'm saying that's what needs to be done. And free up planning and reduce barriers to development, some of which is already happening thankfully.
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K0ogs
K0ogs@k0ogs·
@taipan168 There's a federal Labor government in power with a majority/mandate and the majority of state governments are also Labor. What are they doing to break the stranglehold of the CFMEU?
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taipan168
taipan168@taipan168·
@k0ogs We are not at capacity, not even close. Remove some of the ridiculous planning constraints that are in place, which thankfully is happening, and break the stranglehold of the CFMEU on construction, and we'll have a building boom.
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K0ogs
K0ogs@k0ogs·
@taipan168 Inflation is the cause, I'm demonstrating to you why we can't 'simply' build more as you suggested. We are at capacity, and insolvencies are at record highs before the Iran War inflation shock fully hits us.
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taipan168
taipan168@taipan168·
@k0ogs Immigration is not the cause of that. And construction firms have gone insolvent since the year dot.
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K0ogs
K0ogs@k0ogs·
@taipan168 You obviously don't understand the situation...
K0ogs tweet media
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taipan168
taipan168@taipan168·
@k0ogs So let’s build more. Very simple.
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K0ogs
K0ogs@k0ogs·
@taipan168 Here we are 20000 homes short in the last quarter of 2025. The issue with the target we didn't even reach is that its below the 87000 net immigration number from the September quarter. December NOM hasn't been released yet but I can guarantee it's higher than home completions.
K0ogs tweet media
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K0ogs
K0ogs@k0ogs·
@taipan168 Spot on because our capacity to build will never keep up with current net immigration numbers.
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taipan168
taipan168@taipan168·
@k0ogs Correct, we haven’t been building enough.
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K0ogs
K0ogs@k0ogs·
@taipan168 Maybe but that's not the point you were making. And on the point you've just made, we have the lowest recorded rental vacancies in every major city which says we aren't handling the growth. Average house price to average wage ratio has never been higher also says otherwise.
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taipan168
taipan168@taipan168·
@k0ogs The capacity of the country to handle population growth scales as it grows.
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K0ogs
K0ogs@k0ogs·
@taipan168 @APSports83 Where are the stats showing people 'tend' to buy new dwellings before they start a family?
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taipan168
taipan168@taipan168·
@APSports83 People tend to buy new dwellings before they start a family.
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Gerard Rennick
Gerard Rennick@RennickGBR·
Yesterday’s increase in Interest rates is not going to do anything to fix the underlying structural imbalances in our economy. It is not going to help build one oil refinery or find a new discovery oil. The reason we have persistent inflation in Australia is because our government is running high immigration, high spending programs alongside chronic underinvestment in infrastructure and manufacturing after decades of privatisation. It is completely absurd that the Australian people are now going to be punished with higher interest rates alongside higher fuel costs. The higher fuel costs is in-itself going to dampen demand by increasing the cost of living so why pour fuel on the fire by increasing the cost of living even more. We are in this mess because of government spending not because Australians are spending too much just to survive. Manipulating interest rates is only dealing with the symptom not the cause. Notwithstanding we can’t solve inflation in the next 30 days, Australia needs to start building more infrastructure and factories and training our children the trades needed to do it. This will increase the supply of essential goods to bring inflation down. People First is the only party with the policies that will do this. We will create an infrastructure bank to fund the infrastructure free from foreign debt and we will bring back the military apprenticeship scheme to train our children how to build and maintain the infrastructure and manufacturing plants. Sign up today at Peoplefirstparty.au
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K0ogs@k0ogs·
@AvidCommentator Three yearly federal election cycles means we're never forward looking enough as a country, future planning isn't rewarded or recognized enough.
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Tarric Brooker aka Avid Commentator 🇦🇺
This is a rough AI estimate, but it would have cost under $20bn to build a 100m barrel oil storage facility & maintain our former refinery capacity capable of supplying ~70% of our fuel needs If this becomes a protracted crisis, it will cost the economy that it in about 3 weeks
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K0ogs ری ٹویٹ کیا
Drew Pavlou 🇦🇺🇺🇸🇺🇦🇹🇼
Arab gangsters tried to murder the most prominent left wing political commentator in Australia in a firebombing attack yet nobody in Australia talks about it and the entire Australian left basically has an omerta about it. The New South Wales police won't charge the Arab gangsters who tried to murder him. And the Labor Party won't do anything about it because they don't want to lose votes in West Sydney. It's honestly extraordinary. FriendlyJordies is literally the number one pro-Labor media guy in the entire country. He's probably shifted hundreds of thousands of votes to the Labor column at election time - I am not exaggerating when I say his work has been instrumental to the Labor Party's success, to the point that you could easily argue he's been one of the most important Labor Party figures of the 21st century. He's been hundreds of times more impactful than the average Labor Party hack backbench MP who just makes up the numbers in parliament for a salary. He's genuinely a prime mover in Labor Party history. Yet the Labor Party is happy to literally physically sacrifice him in order to avoid losing votes to Islamist identity politics voters in West Sydney. The NSW Labor government - which appoints the NSW Police Force - is seemingly fine with FriendlyJordies just straight up being killed by Arab gangsters. That's their revealed preference by failing to charge the culprits in the Alameddine crime family who ordered his attempted killing. How does this insane fact not change the way he sees politics? I don't understand how he can't recognise that Australia's migration policies have failed. He was literally firebombed by a foreign crime gang - how is this not enough to help lift the scales from one's eyes? FriendlyJordies, wake up. We do not have to have a single member of the Alameddine crime family in Australia. This was a strange and weird choice made by politicians decades ago and it's clearly been a disaster for the country. We made an active choice to welcome them to this country only for them to turn around and spit in our faces by killing dozens of people in drug wars while also promoting Islamic extremism. So why do we have to have them here? We could just deport them. FriendlyJordies, wake up.
Drew Pavlou 🇦🇺🇺🇸🇺🇦🇹🇼 tweet mediaDrew Pavlou 🇦🇺🇺🇸🇺🇦🇹🇼 tweet media
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