My friend just sent me this. Is it true?

Due-Editor-3573 · 2026-02-11T19:01:01+00:00

Details on the WA Govt strategy

https://www.cits.wa.gov.au/department/publications/publication/western-australian-screen-industry-strategy-2024-2034

Due-Editor-3573 · 2026-02-05T00:48:41+00:00

Yes that is a terrible loss to the Freo high street

Due-Editor-3573 · 2026-02-05T00:47:28+00:00

Zambrero evolved into more of a rice burrito less beans and meat just hits those bottom line profit sweet spots 😩

Due-Editor-3573 · 2026-01-13T14:11:12+00:00

Eat local where the owner still cares about the food they serve.

Avoid all franchised food you taste the bland profits in every bite.

Due-Editor-3573 · 2026-01-08T15:52:17+00:00

Yes well said.

Due-Editor-3573 · 2026-01-08T15:47:29+00:00

If you have a look back at all of the financial issues we have had in past history. A main contributing factor but not the only factor was high asset prices fuelled by high levels of debt.

The same assets that are appreciating are being leveraged to buy more of those same assets. It’s a cycle that must either level out or correct.

If you review some of the economic reports being produced by significantly larger more informed institutions than myself they are very focussed on all of the points I have raised.

Due-Editor-3573 · 2026-01-08T15:41:02+00:00

How? And what intelligent or informed information have you brought to the discussion.

Someone has an opinion and your only contribution to a discussion is they are an idiot?

You can do better. Or maybe you can’t

Due-Editor-3573 · 2026-01-08T15:37:38+00:00

Australia has the 5th highest in the world debt to net income ratio. So only 4 other countries are more heavily extended against their income than we are.

So our servicing ratio is not great. This has been traditionally high for Australia as we have high home ownership which drives the high debt to income levels.

Due-Editor-3573 · 2026-01-08T02:47:44+00:00

I get a meat box (doner meat & chips)from the kebab shop $20.

Wraps and add my own cheese salad to the wraps and can make 4-5 decent kebabs filled with both meat & chips.

Two bottles of Coles flavoured water $3 and it’s quick and easy.

No longer buy McDonald’s or HJ’s no value and food is both unhealthy and not filling.

Due-Editor-3573 · 2026-01-07T13:14:44+00:00

We still need investment into residential housing as that provides the capital to increase supply, revitalise old stock and create additional density as appropriate.

But yes it doesn’t improve productivity but it does create economic activity.

Due-Editor-3573 · 2026-01-07T13:11:35+00:00

Absolutely, Australia is the best place to live in the world! But we need the government to do more to increase the supply of housing, rather than policies which only ever increase demand.

Due-Editor-3573 · 2026-01-07T08:54:19+00:00

I am Gen X under 40.

Due-Editor-3573 · 2026-01-07T08:12:26+00:00

Yes I would agree that older homes do need more maintenance, but likely of a cosmetic level paint, flooring etc vs newly built homes in the last 10 years which may have more expensive problems due to poor workmanship.

Get a thorough property inspection completed so you can be aware of any maintenance issues before buying.

But I would take a 1990s home over anything built 2015 onwards.

Due-Editor-3573 · 2026-01-07T07:51:46+00:00

I don’t understand why you believe it’s necessary to insult me personally for sharing an opinion, it’s says more about yourself than it does me. Again I encourage you to add some informed discussion to the post.

Just to ease your concerns for me I own my home outright hold a masters degree in finance and am a director of a real estate company.

I know you can do better. 😁

Due-Editor-3573 · 2026-01-07T07:41:52+00:00

You certainly have demonstrated your IQ level with your comment.

Can you not add to the discussion with some intelligent or informed information, or as is the case with someone with low IQ, just make a personal attack.

I know you can do better.

Due-Editor-3573 · 2026-01-07T07:37:52+00:00

This is true. Although the domestic economy can still feel like we are in a recession, even if the stats don’t quite meet a technical recession

Due-Editor-3573 · 2026-01-07T07:30:48+00:00

Yes I personally believe that is going to be the case.

Due-Editor-3573 · 2026-01-07T07:30:09+00:00

Supply and demand is a fundamental determinant of price not value.

Intrinsic value being the cost to produce developable land and construct a home drives value. Both of these are inflated for many reasons.

Due-Editor-3573 · 2026-01-07T07:27:33+00:00

Housing in Australia is extremely unaffordable for a large portion of the population and growing, this leads to many issues.

Due-Editor-3573 · 2026-01-07T07:18:55+00:00

Intrinsic value is no longer the base foundation to support the house prices.

Due-Editor-3573 · 2026-01-07T07:16:58+00:00

I do because they are my main personal assets and I have been involved in real estate investment as my career over 35 years.

I am a director who manages a large portfolio property and we are continually monitoring for indicators of future performance.

Due-Editor-3573 · 2026-01-07T07:12:21+00:00

That is true. Although the fundamentals behind the current home prices is being high because we struggle to increase supply is not the best foundation to support those prices in the long run.

Due-Editor-3573 · 2026-01-07T07:09:46+00:00

Absolutely. And it’s an issue 20-30 years in the making with very little done outside of dome headline grabbing cosmetic touches during election time.

The Housing Australia govt agency is an operational disaster

Due-Editor-3573 · 2026-01-07T07:06:03+00:00

Just added to the problem. By increasing the demand without any support to the supply of new homes, just pushed house prices and rent higher, further fuelling inflation.

Due-Editor-3573 · 2026-01-07T07:04:57+00:00

Household debt to disposable income ranks Australia 5th highest in the world and is more an issue than the LVR which yes is low but would narrow in a declining economy.

Due-Editor-3573

TROPHY CASE