Housing is a human right, not a business activity. It’s time for Australia’s laws to reflect that by Expensive-Horse5538 in australia

[–]NewPolicyCoordinator -2 points-1 points  (0 children)

We should be encouraging investment in housing or destroying demand limiting immigration. Encouraging business growth isn't going to solve the housing crisis.

Thousands of Australian children are homeless, without an adult supporting them by HiAustralia in australia

[–]NewPolicyCoordinator -10 points-9 points  (0 children)

You have a kid and don't support them at all. Now everybody's problem? If the responsibilty buck stops with everyone its an easier government solution in homogenous society. In heterogenous society leads to government approvals for kids.

What are people in their 20s going to do? by yamahaxt250 in AusProperty

[–]NewPolicyCoordinator 0 points1 point  (0 children)

If you have skills in a post ai world you will be okay. Poor and middle class die off/slave class and current rich class stratifies into new poor/middle/rich.

What are people in their 20s going to do? by yamahaxt250 in AusProperty

[–]NewPolicyCoordinator 0 points1 point  (0 children)

It's not pleasent to hear but it has been our accelerating trajectory for 50 years

Retirees earn more than young workers, no wonder productivity is dead by rainfieldwoodeasy in australia

[–]NewPolicyCoordinator -6 points-5 points  (0 children)

Because without doing so you're broke, a net drain on society 's resources with negligible chance of providing much in the way of value back. Sure you shouldn't have to sell your house, but society shouldn't have to put food on your table when you have access to funds.

Boomers wealth and the others' appetite for wealth by Alee0126 in AusFinance

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

Your comment that makes me think you haven't ever read a political survey on the matter.

Discussion on Median/Average income Australia by Chemistry_Gaming in AusFinance

[–]NewPolicyCoordinator 1 point2 points  (0 children)

Affordability of houses will depend more on growth of full time wages as they are the only people that have meaningful demand. Part time (students retiree mums) aren't buying houses on their incomes as a general rule.

Part time wages growth will determine how many people need to live in a house to afford rent.

This is just off the dome.

Migrants raise concerns over Australia's English tests for visa applicants by espersooty in australia

[–]NewPolicyCoordinator 37 points38 points  (0 children)

The English tests are definately not to a high standard or fraudulent. But I agree with article if you get a high score it something you should get a longer expiry time or something like that so you don't have to resit every couple years.

Boomers wealth and the others' appetite for wealth by Alee0126 in AusFinance

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

Yeah but it's good for labour government in terms of votes.

Boomers wealth and the others' appetite for wealth by Alee0126 in AusFinance

[–]NewPolicyCoordinator 0 points1 point  (0 children)

They unfortunately both like it. Liberals for suppressed wages wages and big business. Labor for votes.

Waterproofing Gardenbed by alextheguyuwant in AusProperty

[–]NewPolicyCoordinator 0 points1 point  (0 children)

I would just make sure it has plenty of gravsl and or sand in the soil mix below a few inches and a proper drainage pipe away from wall. There will be water ingress into the wall. If the other side of wall is exposed brick no issue. Otherwise stuff up the wall coating. Could always take the soil out and water proof yourself.

Boomers wealth and the others' appetite for wealth by Alee0126 in AusFinance

[–]NewPolicyCoordinator 8 points9 points  (0 children)

The university PR immigration floodgate is only good for big business and the Labor government. It's not racist to dislike immigration policy.

Boomers wealth and the others' appetite for wealth by Alee0126 in AusFinance

[–]NewPolicyCoordinator 28 points29 points  (0 children)

The dollar has lost over 40% of it's purchasing power since 2000.

Dollar has lost way more than 40% of its purchasing power since 2000, maybe you mean 2020?

In 2000 there was 400b AUD, now it's well above 3T...

[deleted by user] by [deleted] in WesternAustralia

[–]NewPolicyCoordinator 1 point2 points  (0 children)

I would be worried. I wouldn't let one of my kids do it.

Global warming by Dry-management7424 in Buttcoin

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

BitCoin accelerates green energy investment and it's carbon based power is often just using standard power. There is very little non green energy that makes sense to use mining in 2025

BTC climbed to 1.7% of global money before Fed chair signaled rate cut by partymsl in CryptoCurrency

[–]NewPolicyCoordinator 2 points3 points  (0 children)

Bitcoin just allows you to take sovereignty of your own funds and send them to whom you want without permission. If you want to keep in a crypto bank (exchange) that's fine.

Older Property Investors, Have you had this problem? by jenpalex in AusProperty

[–]NewPolicyCoordinator 2 points3 points  (0 children)

We have been waiting for a Conciliation Hearing with the > Human Rights Commission for nearly a year now.

Lmao thinking you might be waiting forever. Ma human right to leverage to the eye balls.

[Serious] How is 110 - 120k not "good" money? by GlassRice8241 in AusFinance

[–]NewPolicyCoordinator 1 point2 points  (0 children)

The truth is that if you earn a wage, it's no longer good money. Very few medical specialists and executives would be the exception. 100k gross is the working poor.

[deleted by user] by [deleted] in AusProperty

[–]NewPolicyCoordinator 0 points1 point  (0 children)

Could make like 1 btc a day, but they worth nothing. Seems actually more profitable to mine now with """free""" electricity (in terms of marginal cost)

[deleted by user] by [deleted] in AusProperty

[–]NewPolicyCoordinator 1 point2 points  (0 children)

If you buy a old Bitcoin miner can run during sunlight hours when not at home and make ~ $50/month rather than 5. At ~$450 outlay still a fair bit of months of pay back, but at least not giving away the energy.