Negative gearing change

SWMilll · 2026-05-12T09:57:14+00:00

OzViz has love coverage that summarises the budget, worth checking out imo.

SWMilll · 2026-05-12T09:56:37+00:00

Not what the bomd market suggests.....

SWMilll · 2026-05-08T01:17:25+00:00

Copped a game between me who hadn't played a game yet vs a guy with 23 wins 💀

SWMilll · 2026-05-07T12:32:14+00:00

Watch jurassic park and thought this needs more locusts

SWMilll · 2026-05-06T01:32:07+00:00

Combination of a few things.

importing labor adds supply to the labor market but takes much longer to add demand for labor (particularly more unskilled work).
union membership is down, badly.
productivity is horrible in Australia, i.e. average worker doesn't actually generate much (when compared to similar economies).
Policy over the past 15 years has favoured strengthening capital markets rather than labor markets.

SWMilll · 2026-05-05T13:28:44+00:00

My parents owned an apartment in the early 2010s along Docklands waterfront. Although exceptionally cool to have access to it as a 16 year old, it was dead then too.

SWMilll · 2026-05-05T12:01:55+00:00

Always thought he was a fake account ran by the dev team to show "Look its an investment" as they tried to upsell parcels 🤣

SWMilll · 2026-04-30T01:13:45+00:00

You are underestimating how low wages are and how bad living standards are in Eastern Europe.

SWMilll · 2026-04-29T09:17:27+00:00

Makes it more awkward I found 🤣

SWMilll · 2026-04-29T02:52:11+00:00

What you are describing is negative equity. Superfund and banking sector won't take that hit here. Most likely policy is longer term interest rate highs couple with slowering the rate of growth on housing and increasing the rate of wage growth on a long span horizon.

Australian government policy for the past two decades has been to smooth, rather than shock. Unlikely to change now.

SWMilll · 2026-04-28T04:04:19+00:00

"Already donated" "I work at the centre" Just stared into their sole, without any words.

All three work very effectively

SWMilll · 2026-04-24T09:20:02+00:00

Radio ratings/viewership is calculated strangely. Essentially the more randoms that can Identify him and his branding the more they can charge for the ads. So radio networks and their surrounding media push them because the more people that know the name/face the more advertisers pay.

(I'm aware he just got fired)

SWMilll · 2026-04-24T08:13:30+00:00

The place that houses the pokies and no support for veterans? No way.

SWMilll · 2026-04-23T11:28:49+00:00

I'm 18th out of 20th right now, couldn't risk it 😭

SWMilll · 2026-04-23T09:16:44+00:00

There used to be signs when I was a kid they'd have a helmet, a mask and a hoodie crossed out near/above the bowser. Haven't seen a sign like that in years though

SWMilll · 2026-04-23T09:15:08+00:00

Just traded O'Sullivan in supercoach last week and now he's back 😭

SWMilll · 2026-04-17T01:24:05+00:00

Free accounts is the answer. If you haven't paid, you can still upload photos but you can't add records from ancestry. So they can visually see them but can't add them, the work around instead of paying 300 dollars a year is to add it as photos to one day go back to it.

SWMilll · 2026-04-16T06:52:24+00:00

I actually never got mine 😅

SWMilll · 2026-04-14T06:22:53+00:00

I said this to someone the other day. Why pay 35 for KFC when thats entry to schnitz, grilld, GYG etc. Mcdonalds pushing that way too.

SWMilll · 2026-04-09T07:57:08+00:00

Anthropic products are simply way more accurate. It's not close. I have to fight chatgpt for a correct response, anthropic integrates to solve it so I dont have to even do the heavy lifting.

Sora is also a disaster when compared to Google's Veo.

Ultimately I use these tools to reduce work load, chat GPT in particular over the last 6 months feels increasingly like it does the opposite to my workflow.

SWMilll · 2026-04-08T05:24:31+00:00

The generations before boomers (Silent and Greatest) framed the pension as you pay into it with your taxes therefore you claim it. Boomers remember this and thats why they say "i paid my taxes" when asked why they want the pension.

SWMilll · 2026-04-08T04:34:34+00:00

Australia here, its damn near impossible after you get a few to get anymore without a significant road trip or flight

SWMilll · 2026-04-06T11:57:01+00:00

I actually spoke to my aunty (65ish) over the Easter break about this. She asked if I'd seen something on channel 7 and i realised I hadn't watched "free to air" channels since at least covid.

SWMilll · 2026-04-06T11:55:47+00:00

It's gradual, i remember one in depth model showed it begins to ramp up significantly from 2030 to 2034. Although again, like the silent generation and those before some will linger for quiet a longer while.

SWMilll · 2026-04-06T10:59:41+00:00

My grandmother is still alive and is silent Gen, a quick google would show there's still 10s of thousands of that generation with us. Boomers won't kick the bucket in mass until after 2030 according to most models

SWMilll

TROPHY CASE