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Posts by Aus_Econ

Shane your latest live wire article states “the Australian tax system is excessively reliant on income tax. Income tax is 62% of tax collections versus the OECD average of 35%”, have you accounted for the fact that this comparison ignores the social security contributions other countries levy?

6 hours ago 1 0 0 0

Not true. Properly planned development around public transport negates the need for car dependence. There is no shortage of water our dams are full and we have a desal plant. The cost of housing can be lowered by providing more housing. These are all fixable issues and more $ to solve rurally anyway

6 hours ago 2 0 1 0

Yes Phillip we want a dense, vibrant, well connected city with lots amenities enabled by the density. It’s a model that has worked in all the worlds greatest cities

12 hours ago 2 0 1 0

Or we could just build enough housing to house everyone. We are a low density city infested with NIMBYs

12 hours ago 3 0 1 0

The important thing is that we all stop listening to these predictable tired scare campaigns and just do good public policy

5 days ago 8 0 0 0

Classic Minns - cut price everything

2 weeks ago 1 0 0 0

Ugh I believed you!

2 weeks ago 1 1 1 0

Fuel excise cut would shield Australia from a wider inflation shock at quite low cost, vs allow inflation to reach 6%+ and then have to deal with years of persistent inflation pulsing through every sector of the economy.

3 weeks ago 0 0 0 0

Yeah but they had this concern in 2022 and the wage price spiral never eventuated.

3 weeks ago 0 0 0 0
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“Leading figures” = two libs. Experts consulted say it’s a bad idea. Classic news Corp slop

1 month ago 2 0 0 0

It’s infuriating and juvenile. What can we do to stop this

2 months ago 0 0 0 0

Rba wet the bed all of a sudden.. will be forced into another embarrassing credibility shredding backflip in a few months

2 months ago 0 0 0 0

Australias grid consumed half the gas we did 15 years ago - there has never been a real shortage of gas. We just export it all by design and the gas industry uses their created problem as an argument for more gas licenses, all to also export

2 months ago 1 0 0 0

Agree. But even replacing 80 studios with 34 multi bedroom apartments is very likely more housing, and that’s good

2 months ago 0 0 0 0

So glad I left - it’s too quiet here but it’s an absolute mess over there

3 months ago 0 0 0 0
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3 months ago 97 24 2 1

@cityofsydney.bsky.social

3 months ago 0 0 0 0
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And yet our rba is now saying they’ll be raising rates in 2026. Doesn’t add up

4 months ago 0 0 0 0

So we want first homes to fall, but the next homes they’ll need to have families to rise beyond their reach? And this is celebrated policy in our country?

4 months ago 1 0 0 0

Sorry yes got the maths wrong - assuming 2 people per house we need about 380,000 other homes built in that 21 months. Anyone know if we managed that?

4 months ago 0 0 1 0

In that 21 month period net migration has been approximately 762,000 additional people. So we only now need 762,000-443=761,557 additional homes

4 months ago 0 0 1 0

I like the sentiment but hasn’t inflation been more than this?

4 months ago 1 0 0 0

This is a chart crime surely

6 months ago 3 0 0 0

Commodities don’t have market caps

6 months ago 0 0 0 0

Cmon Jim you guys must all know that this will simply make homes less affordable in the future as prices rise in response to this policy. It’s a bit sociopathic to say you’re making it easier

6 months ago 3 0 1 0

…it’s the same phone

6 months ago 0 0 0 0
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Is it fair to say this election has basically served up the same 💩🥪 as the last election?

8 months ago 1 0 1 0

He’s going to gaol… surely he can’t be a sitting MP if he is in prison unable to vote on legislation or fulfil his role?

8 months ago 0 0 2 0

Does this mean they will discontinue the quarterly cpi?

8 months ago 0 0 0 0

NSW Libs could win a lot of votes if they basically ran on a platform of continuing to build the same sort of metro they just completed. Link tullawong to st Mary’s for instance. Or city to Zetland. Huge vote winner but they seem to also be shying away for some reaosn

9 months ago 0 0 1 0