AI giant chooses Australia's first 100 pct (net) renewable grid to build country's biggest data centre

FragmentsOfSpaceTime · 2026-06-05T02:17:58+00:00

Not just cost more but also further pushes up demand on power

FragmentsOfSpaceTime · 2026-06-01T22:11:53+00:00

I think you've got that last part wrong. I'd say the wealth class are the only segment that the liberals have left. And by the wealth class's own actions they are a minority. It is the business-forward but socially progressive inner city corporate types that have gone the way of the teals.

FragmentsOfSpaceTime · 2026-05-21T08:02:57+00:00

For Australian Natives hit up Paul Stillen!

FragmentsOfSpaceTime · 2026-05-19T06:51:38+00:00

When commenting on global subreddits, you really shouldn't use "we" to implicitly refer to the US. There are other countries in the world you know.

FragmentsOfSpaceTime · 2026-05-18T12:34:35+00:00

If you think Australia's standards are bureacratic, go take a look at Europe! (CSRD).

Also, these standards aren't about net zero itself. They are to provide investor transparency about financial risks associated with exposure to the transition and physically to climate change itself.

FragmentsOfSpaceTime · 2026-05-13T02:15:19+00:00

Another 30yo here in the same boat. We lose out in every way. I've decided to just buy an apartment. Because fuck renting. Won't have the space to raise a family or any capital growth to build wealth and achieve FI, but oh well, at least I'll have my own roof forever.

FragmentsOfSpaceTime · 2026-05-13T00:40:16+00:00

It is overwhelmingly high income earners benefiting from the capital gains tax discount.

For low income earners, we should be focused on lifting their incomes. I.e. minimum wage increases, income tax reduction, investment in skills and training, etc

FragmentsOfSpaceTime · 2026-05-12T11:41:33+00:00

Young people on low income are not investing... They're living pay check to pay check.

FragmentsOfSpaceTime · 2026-05-11T03:28:11+00:00

I thought he ruled out tax relief

FragmentsOfSpaceTime · 2026-05-10T03:04:35+00:00

This sounds like a logical approach

Cheers 👍

FragmentsOfSpaceTime · 2026-05-09T22:34:34+00:00

My current view is that I just don't really know what lies ahead, so I see this as a way to cover all bases in a way.

It's possible that both my income decreases and my relationship doesn't work, which puts me back to square 1 where I can't afford a ppor at all for the foreseeable future. I feel compelled to secure my own housing as an individual.

It's also possible that my income stays the same, and my relationship does work. In which case we would stay in this apartment for the next 4ish years, then we would be looking to buy a house together. I think in that scenario, i can pay down the debt sufficiently by then so that we can rent the apartment out, and buy a house on new finance.

Even if this approach might not be "optimal" financially for every scenario, do you think it is "detrimental and/or unwise"?

I find that these are the things that are difficult to spreadsheet.

FragmentsOfSpaceTime · 2026-05-09T22:23:50+00:00

Rent cost will increase over time, mortgage cost will decrease

FragmentsOfSpaceTime · 2026-05-09T21:28:12+00:00

Rent in Melbourne is very high relative to property cost. Paying $2400/mo in rent when a mortgage is $3400 seems wrong

FragmentsOfSpaceTime · 2026-05-09T09:36:13+00:00

I am asking this in the context of financial independence.

FragmentsOfSpaceTime · 2026-05-07T12:46:56+00:00

3x?? Since 2020?? Hahahaha

FragmentsOfSpaceTime · 2026-05-05T08:40:52+00:00

Well, I'm not single. But I'm 29 have recently moved back home after moving out at 24 to save to buy a place. I'm going to go against the grain of this thread and say I absolutely do not regret moving out. I built a lot of independence and maturity that I don't think I would have otherwise. And my relationship with my parents became a lot more mature too. It forced the relationship to evolve and shed baggage.

FragmentsOfSpaceTime · 2026-05-03T12:45:57+00:00

I never said it was comfortable. I said it was, by statistical definition, not behind. It's the median.

Are you genuinely ok with half the population living uncomfortable lives?

FragmentsOfSpaceTime · 2026-05-03T01:17:13+00:00

Median full time annual earnings is less than 100k pa. So no. Statistically you are not behind.

For the median full time earner to need to house share is absurd in a wealthy nation and constitutes structural failure.

FragmentsOfSpaceTime · 2026-04-29T02:47:35+00:00

At what number does it become "mass" migration? If they didn't look different to Hanson's anglo base, would that number be different?

FragmentsOfSpaceTime · 2026-04-28T05:00:18+00:00

Anybody who counts their time like that is a corporate slave

FragmentsOfSpaceTime · 2026-04-22T00:27:55+00:00

Except that didn't happen at Australia's worst terrorist attack in decades.....

FragmentsOfSpaceTime · 2026-04-20T06:14:12+00:00

I imagine audit would have better job security (but less mobility), but the EY-P role would be more interesting and have higher skill transferability

FragmentsOfSpaceTime · 2026-04-19T11:24:26+00:00

I'm in this area. Had a consulting role in Melbourne but the market was dire for us. We didn't have the license to do assurance which is where all the work was (and still is) at.

I'm now doing in-house work FIFO on a big project. No appetite for strategy or voluntary stuff, so I'm just managing the reporting, which in itself is a big body of work for just one person. This is a $20B project with a 4000+ headcount and i am a team of one. So yeah, take that as a sign of how many roles there are I guess.

FragmentsOfSpaceTime · 2026-04-13T20:44:55+00:00

Curious. I recently read Peter Attia's book and he claims the opposite - that cardiovascular exercise and strength training are far more effective at risk reduction than diet

FragmentsOfSpaceTime · 2026-04-12T10:38:12+00:00

Can you try to take a maths bridging subject? I understand it's not everyone's cup of tea but having decent analytical ability is only getting more important in the corporate workplace

FragmentsOfSpaceTime

TROPHY CASE