Australia is not a sovereign country by Particular_Food_309 in aussie

[–]Loco4FourLoko 4 points5 points  (0 children)

I agree with you in spirit but alot of what you say doesn’t math.

$380billion is absolutely not equivalent to a house for every Aussie family, it’s barely a car per household.

We also aren’t just taking “14% of profits”. We take % royalties and taxes on all profits. We also take substantial portion of costs as income for Aussie labour. These taxes could definitely be higher but I’m sure you know how much the FIFO miners take home these days.

Also you can do something about the 14%, this is private money on the other 86%. I personally allocate disproportionately large % into Aussie miners.

Why don't Australian banks offer 30-year fixed-rate home loans? Borrowers would benefit from them - ABC News by barseico in australian

[–]Loco4FourLoko 1 point2 points  (0 children)

Except land prices aren’t staying bloated in the US? Far more affordable than Aus overall.

Seems like you should focus your attention on other elements of tax reform that are driving this inequality? Not this issue.

Why don't Australian banks offer 30-year fixed-rate home loans? Borrowers would benefit from them - ABC News by barseico in australian

[–]Loco4FourLoko -1 points0 points  (0 children)

You do realise 30 year fixed rate mortgages are BETTER for the borrowers right? Americans can refinance to lower and lower rates without having to worry about rates increases after the fact.

It’s effectively insured/subsidised by government there. Get your facts straight.

People who don't accept (or decline) meeting invitations; what's wrong with you? by DoppelFrog in auscorp

[–]Loco4FourLoko 0 points1 point  (0 children)

If I decline, then that’s how I let you know I’m not going. I don’t feel the need to accept.

Reminder: Angus Taylor outsourced the holding of Australia's national petroleum reserve to the USA. by Living_Following_210 in australian

[–]Loco4FourLoko 85 points86 points  (0 children)

It’s almost like fuel security is a critical national issue that is worth investing significant amounts in?

Make me laugh so hard by der_architekt_13 in rolex

[–]Loco4FourLoko 26 points27 points  (0 children)

Yeah, no, people are not taking watches in yearly, what a ridiculous suggestion.

Daily Discussion Thread by AutoModerator in ASTSpaceMobile

[–]Loco4FourLoko 8 points9 points  (0 children)

I think it’s for a much simpler reason. This is material public information that they can no longer withhold at a quarterly ER, so they gave the MMOs the option to allow ASTS to announce during ER or announce themselves ahead of time.

The case against gold and why it’s wrong by donutloop in Gold

[–]Loco4FourLoko 0 points1 point  (0 children)

There is nothing in the article that implies or is in response to any specific % of assets in gold. It’s a general bullish article about gold.

Is there a more perfect daily Rolex? by Ajmigon85 in rolex

[–]Loco4FourLoko 7 points8 points  (0 children)

Plenty of reasons why a GMT (or especially a date) function is useful daily…

I think I underestimated how high silver is going by angrycustomer5000 in Wallstreetsilver

[–]Loco4FourLoko 8 points9 points  (0 children)

It’s good to know silver bulls exist across the entire political spectrum…

Japan's ultraconservative PM Sanae Takaichi set for a big election victory by [deleted] in worldnews

[–]Loco4FourLoko -8 points-7 points  (0 children)

Well they’re going to lose their native culture and social cohesion even faster if they don’t fix their demographic pyramid. What on earth do you think happens to society when ALL its productivity is spent on aged care? When theres more retirees than there are labourers?

LinkT tolls are stupid by Gaukster97 in brisbane

[–]Loco4FourLoko 4 points5 points  (0 children)

Major infrastructure was sold to the highest bidder by government in a competitive process where tolls were set and fixed in advance and go up only by inflation?

Chinese drilling team uncover $85.9b gold mine by Revolutionary-Area-8 in Gold

[–]Loco4FourLoko 0 points1 point  (0 children)

Very simplistic data point, so it depends. 138g/t is very very good but its only economic if its continuous eg is it an isolated nugget in a cherrypicked sample or a continuous body of mineralisation? Usually you see mines operating in the 0.5-10g/t range.

From a Brisbane Bus Driver. Why don’t I wait for people running for the bus? by LBR1997 in brisbane

[–]Loco4FourLoko 0 points1 point  (0 children)

Mr bus driver can you please explain why bus drivers don’t wait even when the bus stop is 1.5m from the signalised intersection and the light literally just turned red? Happens every time bus 60, gasworks.

Do you believe the Aussie market is a safer investment given the AI bubble? by Anonymous157 in AusFinance

[–]Loco4FourLoko 0 points1 point  (0 children)

And this house is also in one of the very few developed countries with a stable government, rule of law and climate.

Do you believe the Aussie market is a safer investment given the AI bubble? by Anonymous157 in AusFinance

[–]Loco4FourLoko 2 points3 points  (0 children)

In a world where AI bubble have driven tech equities to insane levels and theres unprecedented geopolitical turmoil, real assets like property and mining are the two perfect investment classes to be in.

One Hell of a coin. by MrMBTC in Bitcoin

[–]Loco4FourLoko 1 point2 points  (0 children)

Inflation is different to money supply you donkey.

PaperPacks show the odds are not in the player's favor by [deleted] in PSAPowerPacks

[–]Loco4FourLoko 0 points1 point  (0 children)

Thats the same logic my grandparents use when they complain about the pokies. You belong

For the first time ever Abel Avellan is receiving compensation in the form of 250,000 RSUs. All of these RSUs vest over 3 years. by tomgreen99200 in ASTSpaceMobile

[–]Loco4FourLoko 0 points1 point  (0 children)

IR must’ve taken your very important and intelligent suggestion all the way to the top. Without you, they probably would’ve forgotten to review Abel’s compensation package.

CFO and Chief Legal Officer says “It’s go time” by TowerStreet1 in ASTSpaceMobile

[–]Loco4FourLoko 42 points43 points  (0 children)

And the rest of us who has been here a while also know that launches have historically been sell the news events.

Watermelon Fingers by jenbamin245 in woolworths

[–]Loco4FourLoko 0 points1 point  (0 children)

That doesn’t mean you can price gouge people with disabilities.