wtfisgoingon » user profile

Lol at your two comments. I thought I was brainwashed and not worth conversing with? FWIW I am 100% in favour of increasing our resource…

This demonstrates astounding ignorance. The government have repeatedly shown themselves to be wildly inefficient at running businesses.…

Yeah government run businesses are always super profitable. They're known for it.

The gas isn't "given away for free". The gas is useless until it's taken out of the ground, and the government isn't in the business of gas…

Just want to say I appreciate you trying to cut through the knee jerk cynical nonsense you see so often on here. It's a tough battle, but…

Yep. On the odd occasion I have found a good deal on Qantas Hotels when there's a specific special on a hotel and you account for the…

I'm prima facie skeptical of bailing out companies who made bad decisions. It sounds like nobody wants the apartments. If that's the case,…

I don't have a subscription but the article says hundreds. And you don't really need to incentivise, the market does that. If apartments…

That's fair. He paused the "reciprocal" tariffs for everyone except China which has 145% on it. The 10% universal tariff also still applies…

Couldn't agree more. Any company that bends the knee to the authoritarian orange man is off my list.

I agree infrastructure hasn't kept up, although that's a multi-decade issue in Australian cities. No one government can come in and fix the…

The tariffs are on. Consoles weren't even excluded by the 'exception'/'non-exception' on smartphones, computers etc.

I've explained why you might still see prices increase in my comments below. I'm not saying it will happen, just that it is a plausible…

I suspect it will hurt them a bit in other markets, but they still might do it. They might do it for the politics. They might do it just to…

Yep. Same with Sony probably. A lot of big companies who think they can get away with it will spread the pain as much as possible. In part…

Absolutely you will. But if you're a company like Apple, or another company with very little constraining you, it still might be better to…

Yes, I understand that. But the economics of taxation mean that how much of a tax the end user actually pays will depend on elasticities…

Oh I see the distinction you mean. Nonetheless, the ability for the producer to pass on that tariff to the consumer depends on the…

? There's a massive tariff to send your goods to the US now.

There's a small but not insignificant risk that some companies who can get away with it will try and spread the extra cost of being in the…

Look, I'm sorry but it's really hard to take you seriously if you think the tax system is a meaningful problem. It's just not. The amount…

I'm sorry to be blunt, but I think you need to read up on these things more. Saying the economists are wrong and then saying a bunch of…

I agree with you that both policies suck. I said as much below. But the problem is people fixate on this as a federal issue, so every…

Every economist and expert I've read on this issue says that housing supply is the biggest issue and of all the problems plaguing supply,…

Labour is the biggest issue, and as I noted above we're literally half as productive as only 20 years ago when it comes to building houses.…

Tax policy won't do anything more than a one off 2% reduction in pricing. Look at the Grattan Institute's analysis of this. It's all about…

I simply don't accept the premise that we can't build enough houses for immigrants. Housing productivity has absolutely collapsed in the…

The Vic govt has aggressively opened up land and overhauled planning laws and we're building houses at a faster pace than anywhere else in…

I assume you mean slashing immigration, but it's a lazy and misguided policy that only hurts us long term. You might not like it, but too…

Our problem as a country is we see everything as a federal issue. The single biggest problems with housing supply in this country are…