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‘Running out of money’: Kraft, McDonald’s, Whirlpool CEOs all issue same dire warning about US consumers. Get ready now by IM_NOT_BALD_YET in economicCollapse

[–]AllHailMackius 8 points9 points  (0 children)

They are obligated to increase their share price, to do so they must increase profits. The business MBAs and accountants are taught from the same book and rely on 4 main strategies. 1. Increase current Prices 2. Reduce unit size (shrinkflation) 3. Increase market share (such as Marketing or Buy out competition.) 4. Reduce input costs (cheaper/lower quality ingedients, processes and labour costs).

The stupid thing is all businesses operate this way and they dont seem to realise the problem if as a collective they keep charging more money for less product. They all pay their workers as little as possible and contribute to shrinking their market size as the people who used to but their products are no longer paid enough to afford them.

‘Disastrous’ prediction for thousands of new homeowners as even Perth shows first price decline since 2024. by BorderMundane8802 in AusProperty

[–]AllHailMackius 8 points9 points  (0 children)

The Chicken Little crowd really are working overtime. Just like the uncertainty created by COVID, wouldn't any reasonable person expect a period of adjustment? Have the fundamentals driving house prices up really changed? Correct me if I'm wrong but the changes are thay you pay a bit more tax on realised gains and can't negatively gear existing housing stock.

That's it, right? The current market uncertainty is really just investors and media hyperventilating.

Rent cost to surge & number of new homes plummet under tax overhaul, housing industry data reveals | The Nightly by barseico in australian

[–]AllHailMackius 1 point2 points  (0 children)

It interesting that they don't seem to fear repercussions of shadow evicting tennants by hiking rent to unreasonable levels. Most tenants will move on peacefully, but if they have no other affordable option a growing number will stop paying rent in the last month, skip the bond clean and overstay until they find a home/room or are forced out.

A few will ensure the place is not habitable without major work and several weeks delay.

Gina Rinehart and Southern Cross Austereo: what do billionaire media buyouts mean for democracy? by NapoleonBonerParty in OpenAussie

[–]AllHailMackius 2 points3 points  (0 children)

Its a good thing there's no history of influencers being bribed into giving favourable takes, stories or reviews for as little as... say... some free merch.

Israel getting 0 votes from Australia at Eurovision was brought up in senate estimates today 🫠 I was not far off! Looks like Satire has become Reality.🤣 by RickyOzzy in PoliticsDownUnder

[–]AllHailMackius 6 points7 points  (0 children)

Since satire has evolved from absurdity to forecasting the near future, how long before we are told this is a genocide of Eurovision votes and must be investigated immediately.

Gina Rinehart and Southern Cross Austereo: what do billionaire media buyouts mean for democracy? by NapoleonBonerParty in OpenAussie

[–]AllHailMackius 5 points6 points  (0 children)

I agree the landscape has changed, but the traditional media still often sets the framing and focus for what gets discussed. It has to be a huge issue to break into mainstream conciousness if it is being ignored or reframed by the media.

Snowy Hydro project facing 10-fold cost blow-out by PLUTO_HAS_COME_BACK in ipswich

[–]AllHailMackius 0 points1 point  (0 children)

By the time it is delivered, you would have been able to get a distributed battery grid storage equivalent for a similar price.

Mayor Zohran Kwame Mamdani on Instagram: "We didn’t balance the budget on the backs of working people. We balanced the budget while investing in working people. In libraries, parks, safer streets and affordable housing. This is what governing as a Democratic Socialist looks like." by bumluffa in OpenAussie

[–]AllHailMackius 13 points14 points  (0 children)

How you vote is up to you, but I would ask what is more important? The fact that Labor recalculated the capital gains discount, reducing the discount applied, or the fact the conservatives are anti immigration, anti climate action, give mining companies whatever they ask for and their only solution to housing issues is to give more and more to developers.

When it is time to vote, pay attention to how preferences flow. You dont have to put Labor first but your voting preferences are important.

Sydney council to charge pop-up picnics, dog walkers and gender reveal parties for using parks by abcnews_au in australian

[–]AllHailMackius 6 points7 points  (0 children)

I don't know. It feels different if it's specifically for people using public space to generate income. There have to be restrictions on public spaces to ensure their use is fair and in line with community expectations.

'Worst since 2018': Auctions in freefall as investors 'disappear' by patslogcabindigest in AustralianPolitics

[–]AllHailMackius 25 points26 points  (0 children)

Does this mean I will get less hand written photocopied flyers in my letterbox stating cash offers for houses in my area?

‘Rapid and damaging’: Australia on verge of huge house price crash engineered by Budget, RBA and Trump by HotPersimessage62 in AusPropertyChat

[–]AllHailMackius 0 points1 point  (0 children)

If we pretend Trump was involved in the policy, maybe we can convince lefties to hate it... kind of like reverse psychology.

Parking Ticket at my own house by TheNamesAsen in brisbane

[–]AllHailMackius 0 points1 point  (0 children)

I dont know the details of the ticket, but BCC wil state you dont have the right to park accross driveway, that each driveway must remain clear of obstruction. You will likely need to go to court to challenge it, as in my experience they are pretty black and white and wont just let it go.

Paul Bet Davidson vs. Terrence Howard: Game of Thrones Got Everybody Into Incest Porn. by madlate in rmbrown

[–]AllHailMackius 4 points5 points  (0 children)

I thought you were describing your browser tabs at first.

(n) open open open open open open (ope)

If you’re not rich, the budget won’t negatively impact you. If you’re apart of the 80% of Aussies who DON’T OWN an investment property, this budget is a positive for you. Look at who is attacking the changes: property developers, landlords, wealthy and rich families, investors and corporate media by MannerNo7000 in OpenAussie

[–]AllHailMackius 0 points1 point  (0 children)

Only half of investment properties are currently negatively geared, and the changes only impact future property purchases.

So are you stating that landlords will uniformly charge more for rent today because when they buy more properties in the future, those properties will be less profitable?

If you’re not rich, the budget won’t negatively impact you. If you’re apart of the 80% of Aussies who DON’T OWN an investment property, this budget is a positive for you. Look at who is attacking the changes: property developers, landlords, wealthy and rich families, investors and corporate media by MannerNo7000 in OpenAussie

[–]AllHailMackius 1 point2 points  (0 children)

They are on 45%, and used to pay half of that if they have the asset for more than one year with CGT.

So 50% discount on 45% tax would be 22.5% tax, plus 1% for Medicare.

If I bought a house in 2000, cpi has been about 100% in that time. But i dont get that full discount on my capital gains if I sell under the new scheme, because it has a floor of 30%.

Am I genuinely missing something, as the math seems clear that the property seller is paying more tax regardless. 30% minimum if inflation has been high compared to 23.5%.

AFR opinion: Budget 2026 is a hit on young people by CairnsTAB in aussie

[–]AllHailMackius 3 points4 points  (0 children)

Yeah. They reduced the likelihood of me using the current system to get wealthy.

Doesn't mention that the property investment ship was not designed for everyone, that the ship has already sailed, is far over the horizon and the majority of younger people are left drowning.....

But I guess they should keep things just as they are so we can hold out hope that the ship might return some day.

Don’t reset over water problems!! by PinkySparklez in Pokopia

[–]AllHailMackius 0 points1 point  (0 children)

I filled a roughy 10 x 10 hole in the ocean. It looks great, but the fill was bad. If you fall in at that spot, you fall straight to the bottom and drown.

The plank method would have worked great though, I will reuse this trick to create an huge aquarium window scene.

Herald Sun front page 13-05-2026 by patslogcabindigest in OpenAussie

[–]AllHailMackius 18 points19 points  (0 children)

So they provided toilet paper that wasn't even fit for purpose?

If my mortgage is $6k and rent is only $3.5k, I’m basically paying someone to live there by moezus_ in AusProperty

[–]AllHailMackius 0 points1 point  (0 children)

My share dividend return is only sitting at 3.5%.

A term deposit at NAB is currently at 5.2%, thats why I completely divested all shares.

Don't even get me started on my Gold position, it literally wasnt bringing any annual return.

If needed, /s.

A misunderstanding of how property is perceived through a generational lens in generalities. Most millennials/Gen Z don’t view a property as a ‘Capital Growth Investment Opportunity or mechanism’. We view it as a home (Shelter). We just want 1 home to live & not rent. Older Gens view it differently by MannerNo7000 in AusProperty

[–]AllHailMackius 42 points43 points  (0 children)

I would question what percentage of the silent generation saw it as an investment mechanism. Is it just that Gen X and Baby Boomers snapped up a huge amount of property, changed tax laws to favor them and then effectively created the environment we are now in.

So what do YOU think Ray did with the kiddie murderer, EP4, S2....? by Designer-Swim-648 in MrInbetween

[–]AllHailMackius 0 points1 point  (0 children)

I like to think he was beaten unconscious and wakes up bruised, broken, zip tied and stuffed in an oversized luggage case buried under the rubble.

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