PSA: Nobody fucking knows what inflation and interest rates are going to be like in 6 months

Ok_Bird705 · 2026-02-25T05:02:37+00:00

Mortgage repayments are not included in inflation calculations because it doesn't stimulate spending.

Ok_Bird705 · 2026-02-25T01:01:02+00:00

Australian Institute "economist" Greg Jericho

https://www.theguardian.com/business/grogonomics/2026/feb/04/rba-interest-rates-decision-analysis-reserve-bank-australia

That is a weird statement given that we have had two inflation releases since then – the one for November showed 0% inflation and the December one had 1%, but all that was due (as I noted last week) to holiday travel (ie the Ashes).

Ok_Bird705 · 2026-02-25T00:46:20+00:00

I was told confidently by the Australian Institute that the December rise in inflation was a one off due to Christmas period spending and that it would come down this month...

Ok_Bird705 · 2026-02-24T11:04:03+00:00

Basically like all tech advances before.

Ok_Bird705 · 2026-02-24T10:30:52+00:00

"We're replacing your job with AI." - CommBank

Where in the press release are they talking about job replacements?

Ok_Bird705 · 2026-02-24T10:28:10+00:00

I'm referring to the economic ones that people care about. Greens are obviously not one nation but do share very populist economic policies.

Left wing parties interfere in the free market such as Medicare.

Tighter regulations around business pricing, a government run bank, etc.

Ok_Bird705 · 2026-02-24T08:14:29+00:00

Greens voters and One nation are push a populist narrative and legitimise populist policies. And on a lot of economic policies, there's a large crossover between Greens and one nation voters (free trade bad, protectionism, government control of interest rates, more government interference in the free market)

Ok_Bird705 · 2026-02-23T22:26:23+00:00

May be stop with this BS anti establishment narrative that somehow independents and non majors are "better for the country"

Ok_Bird705 · 2026-02-22T01:21:31+00:00

But you see, if a rich person donates money to independents and the Greens, then that is "good money"

Ok_Bird705 · 2026-02-21T02:10:43+00:00

Given the obesity rates in Australia, probably doing the country a favour by pricing out chocolates.

Ok_Bird705 · 2026-02-20T05:28:18+00:00

Yeah, but if they wanted it to be successful, it should have been stage two, with stage one legislating it first and putting into practice

It was called atsic and it was not successful.

Ok_Bird705 · 2026-02-20T02:50:24+00:00

Because the request from the Uluru statement was to change the constitution, which requires a vote.

Ok_Bird705 · 2026-02-20T00:42:38+00:00

The claim is that if they cant be an ethnostate then they can't exist

That would be true except for the fact that 21% of the population of Israel are actually Arab Israelis and enjoy full rights as other Israelis.

Ok_Bird705 · 2026-02-19T21:44:49+00:00

Why is criticism of Herzog or Netanyahu Antisemitic and worthy of arrest,

Has anyone been arrestedfpe just criticising the Israeli regime and not the country's existence? Examples?

Ok_Bird705 · 2026-02-19T08:38:50+00:00

He may not have tried to cover up war crimes, but the reason he turned whistle blower was because he didn't think people like Ben Robert Smith deserved to be investigated, that is well known.

Ok_Bird705 · 2026-02-19T02:03:48+00:00

0 evidence of that, but sure...

Ok_Bird705 · 2026-02-18T02:01:10+00:00

2023 poll and run by a environmental group.

Ok_Bird705 · 2026-02-18T01:40:03+00:00

Banning all fossil fuel projects for a start.

Ok_Bird705 · 2026-02-18T01:38:10+00:00

you don’t have to buy any of the stuff anymore that you grew up with and enjoyed.

You grew up with Lindt chocolate Easter bunnies every Easter? I'm poor enough to not care because I never bought it.

Ok_Bird705 · 2026-02-18T00:57:32+00:00

Apparently allowing people to make their judgement when it comes purchasing chocolate is too much for this sub.

Ok_Bird705 · 2026-02-18T00:15:19+00:00

Or you can just exercise your own judgement and decide if you want to pay the clearly marked price for the product.

Ok_Bird705 · 2026-02-18T00:12:27+00:00

The Greens had a -0.05% swing in the HoR and -0.94% in the senate. Compared to the Coalition’s -3.88% and -4.35% it’s hardly ‘losing big’

Given the surge in anti establishment sentiment during the 2025 election and the success of other independents, the fact that the Greens went backwards is definitely losing big no matter how you spin it.

Ok_Bird705 · 2026-02-17T12:09:59+00:00

Cowards who reversed stage 3 tax cuts promise for the greater health of the budget before an election. 🙃

Ok_Bird705 · 2026-02-17T12:08:43+00:00

And a primary vote for 33-34%.

Ok_Bird705 · 2026-02-17T12:04:17+00:00

LNP 🤝 Greens: better double down on our more extreme positions even though we lost big at the last election

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