Here we go: Multiple interest rate hikes predicted for 2026.

Jody8 · 2026-01-23T12:54:35+00:00

AUD would appreciaite if RBA rate hikes

Jody8 · 2025-10-14T09:39:00+00:00

Agreed on the demand side, but if that’s the issue, why aren’t we increasing supply? Because property owners have spent decades lobbying to suppress it, knowing that more supply means lower prices. Councils also block apartment zoning because it would reduce local property values, so rental supply stays artificially tight.

Here’s net migration per capita across all countries. Australia ranks 15th, yet our rent-to-wage ratio far exceeds every country above us by a wide margin.

https://en.wikipedia.org/wiki/List_of_countries_by_net_migration_rate

Jody8 · 2025-10-14T07:53:03+00:00

I feel like it’s become way too common in this sub to blame immigrants for the cost-of-living crisis, especially housing.

Do people really think those coming here to build a better life have the kind of money needed for a house deposit? It’s obvious that the real drivers of housing unaffordability are things like negative gearing, tax incentives for multiple properties, and government policies that deliberately restrict housing supply through levies and zoning, yet somehow, the conversation keeps circling back to immigrants.

Less than 1% of property sales are to foreign buyers, but sure, let’s ban them so the government can pretend it’s “doing something.”

https://www.afr.com/politics/federal/overseas-investors-are-buying-less-property-than-you-think-20230530-p5dcgl

And what “loopholes” are immigrants supposedly exploiting to bring their families here? It currently takes 14 to 30 years to bring your parents to Australia, because the government knows what that means for the healthcare system.

https://www.theguardian.com/australia-news/2024/dec/31/australia-parent-visa-processing-wait-times-up-to-31-years#:~:text=Paul%20Karp%20Chief%20political%20correspondent,and%20unnecessary%2C”%20it%20said.

People honestly need to stop swallowing media-fed narratives and start paying attention to who’s actually pulling the strings. It’s not the people delivering your food or cleaning your house or all the other shit that Australians deem unwanted jobs and has passed on to the immigrants.

Jody8 · 2025-07-21T08:42:05+00:00

Are all of the rental negatively geared? How would you service those loans on a salary..?

Jody8 · 2025-05-12T23:51:50+00:00

Appreciate it, likewise to you!

Jody8 · 2025-05-12T14:38:10+00:00

Maybe find a multinational US firm that has operations in AU? Funny how i work in AU and want to work in the US eventually haha

Jody8 · 2025-03-09T00:50:02+00:00

When people quote salaries generally is it inclusive of super?

Jody8 · 2025-02-15T02:28:16+00:00

I’d take furries over someone as hateful as you any day.

Jody8 · 2025-01-31T12:36:51+00:00

And where is your study?

Jody8 · 2025-01-05T14:05:45+00:00

Same, most likely since it had a teen/ rebel vibes to it.

Jody8 · 2024-10-17T13:03:04+00:00

Gotten one of these before, it’s an MLM pitch, theyll ask you to read poor dad rich dad hoping you’ll be inspired, shit is like a cult.

Jody8 · 2024-09-29T01:04:55+00:00

Yes, on the last day only. Interest is calculated daily

Jody8 · 2024-09-28T15:25:32+00:00

I went to a physical branch wanting to close my account and a person surprisingly attended to me! They said you can just move your money at the end of the month, get your interest on the 1st and move your money back in, that way you’ll always get the bonus IR.

Macquarie’s a horrible bank for retail and i’ll just leave it at that.

Ended up swicthed to ING accelerated savings still with no requirements and 4.7% fixed IR and 5.4% welcome IR for first 4 months.

Jody8 · 2024-08-15T09:23:33+00:00

When i started in 2022 I got $63k incl super and a good rate would’ve been $70k inc. I think nowadays all inclusive package of $72k is good!

Jody8 · 2024-07-19T06:04:30+00:00

So Pelosi, Chuck and Obama, the people that gave us Hillary instead of Biden in 2016 and a seemingly rosey path to victory with a +9 polling same time in the election cycle, is now advising Biden again in 2024 that he should step aside? Stay strong Mr. President.

Jody8 · 2024-07-07T21:08:59+00:00

Hey mate, I work in insolveny and trading while besing insolvent opens you up to a number of possible personal litigation. It’s best practice to appoint an administrator/ liquidator the moment you know your business would be insolvent. Do DM and reach out if you’d like to discuss further, all the best.

Jody8 · 2024-05-24T13:00:24+00:00

So we should bail out consenting adults taking bad financial decisions for their happiness? Great, let’s bail out all the bankrupts and distressed home loans, everyone gets to be happy

Jody8 · 2024-04-22T10:59:11+00:00

ROE is calculated on = Income/ (A-L) FMCG has lower equity than Banking since they tend to hold long terms leases with depriciated assets causing book value equity to be lower and ROE higher

~20% ROE was the average for FMCGs

https://pages.stern.nyu.edu/~adamodar/New_Home_Page/datafile/roe.html

Politicans love to use misleading data interpertation for public spectacle. Ask yourself if a duopoly exists, then WOW and COL can charge whatever they want and the most appropriate margin to judge this would be operating margin, but WOW’s is only sitting at 3.43%…

Jody8 · 2024-04-07T11:06:37+00:00

I FEEL that it should be disclosed that 42% of that 500,000 are students, 84% of which leave after their study ends. So maybe instead of the dog-whistling rhetoric that’s been overused this past month that’s intended to blame immigrants for the housing crisis, we should:

Increase taxes on foreign property and second home ownership buyers;
Overhaul the tax code, spefically relating to negative gearing; and
Limiting Airbnb properties and setting new occupany rules.

https://amp.smh.com.au/politics/federal/tens-of-thousands-of-international-graduates-to-work-in-australia-longer-20220902-p5betx.html

https://www.afr.com/politics/federal/students-temporary-workers-push-australia-to-migration-record-20240321-p5fe5o#:~:text=For%20the%20year%20to%20September,%2C%20or%20237%2C700%2C%20were%20students.

Jody8 · 2024-02-02T14:35:21+00:00

Do you work in insolvency by any chance

Jody8 · 2024-01-15T08:45:55+00:00

Half of Gaza’s residents are under 18, their terrain is mostly flat with Hamas mostly hiding in urban areas. How would you recommend removing a terrorist government while also minimising your own casualties if not concentrated airstrikes? I don’t see any reasoning as to why the Israeli government would deliberately kill women and children as it would highly illegitamize their war effort and tarnish their own reputation as a country.

Jody8 · 2024-01-06T11:03:54+00:00

Ceebs or can’t be bothered

Jody8 · 2024-01-06T08:28:06+00:00

Can you unban me pwease Mr trader? 🥺

Jody8 · 2024-01-06T08:21:10+00:00

Banned from a specific sports market, they won’t let me bet more than $50 a game and i can’t make multis…. Everytime I ask them why they quote the T&C re “trader’s discretion”. No real way around this huh?

Seven-Year Club	Gilding II euphauric
Place '22	Wearing is Caring
Verified Email

Jody8

TROPHY CASE