An in depth interview with Martin North from Digital Finance Analytics examines the key points affecting Australian politics, the housing market, and the financial system.
Time Stamps:
0:00 Introduction
3:20 Governments don’t need home costs to fall
10:23 Housing affordability is shot
18:38 Immigration have to be lower
22:05 Australia’s financial system is in structural decline
29:23 Australia’s productiveness has collapsed
37:39 Australians will not be benefiting from useful resource wealth
48:59 Australia commits vitality suicide
54:46 The lobbyists pulling the strings
1:03:53 The low-hanging fruit
1:16:51 When will the RBA lower charges
1:23:11 Greatest shock of the 12 months
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These evil politicians love inflated housing prices – more stamp duty, more agent fees etc…. then huge mortgages that enslave workers that are forced into higher and higher tax brackets just to pay interest.
Some think slavery was ended hundreds of years ago, unfortunately it actually became more embedded and clever, the slave doesn't usually even understand that henis a slave.
Honest discussion
Every politician should watch this. Excellent and deeply concerning.
right wing propaganda
As a qualified and full-time working Software Engineer who had kids in my mid-twenties, I will never own a home. My children will 'likely' never own a home.
Cool.
This video has a silly click bait title… Where's your suggested destinations if this island is a goner??
We passed them ALBO LABOR RECESSION
Stop racism please
Yes also following UK, years of progress incompetent Australian government and buercrats on both sides destroyed in 4 years, no recovery in near future😂😂😂😂
God help us if Albo or Dutton get elected????😮😮😮
Because they don't care about use just them selves, politicians in this country are like oligokes .
Hyperbole in the headline. Australia and Argentina are at the opposite ends of the spectrum. International Ratings Agency Moody's has Australia's Sovereign Credit Rating at AAA and Argentina's at Ca. That is chalk and cheese and should be the starting point for analysing why Australia sits where it does vis a vis Argentina. I'm not saying all is weil with Australia but I am saying "Don't Panic". The headline is hyperbolic.
One basic assumption that I'd like to look at is; Did we get here, decade after decade, through sheer incompetence from both sides of the aisle or through a series of puppets, some knowing some not, with an eye to a coordinated take down of the country. Australia has a vast array of resources and we must be looked at with hungry eyes from a number of nations. Mossad, CIA , CCP you name it.
Clair O'Neill needs to go! Albo needs to go! The Uniparty needs to go!
NDIS is a cancer!
The Great Aussie Ponzi Scheme!
VOTE ONE NATION!!
So we can all discuss and inform about the issues until the cows come home.
If the powers that be will not make change, its chat for no outcome… How does the Aussie public actually bring about change?
no taxi = no immigrant
Voters easily distracted & deceived by 2 parties
1. Negative gearing end 2. Build social housing from budget 3. End foreign investment
You can’t unbake the absurd housing cost cake. It took Japan 30 years of house price deflation and they are still an economic basket case.
Australia 40+% on fat fat welfare payments
Around another 40 % fake public self servents jobs..
The Norwegian Government invested billions of tax payers money into their oil and gas industry instead of getting the private sector to invest the billions, that's why.
The NDIS is more interested in entertaining people with slight disabilities than caring for people with severe disabilities.
so much hipe & talk about why our economy is in the shit – reality is – we are in the shit because of poor government policies & governing by all sides of the political spectrum for over 20 years. Inabilities to manage money & then sell off assets to cover those loses is the number one problem. Plus too much debt federally & state wide, devalue stem Aussie dollar. Outdated tax systems also reduce government incomes & also don't create new housing. And privatisation of all our critical services, only creates inflation via profit margin greed. Time for change in this country regarding our leadership & the policies that are supposed to run the country for prosperity
Australia should have of the cheapest energy cost in the world. Even demonizing coal is mad, we literally have the technology to significantly reduce the emissions of coal fire power plants but we don't do it. We have more uranium than anyone else and we don't use it, instead we spend extortionate amount of money on backwards solar and wind. Cheap energy = More Productivity = Powerful Country!
10 years in oz, i am moving forward to the UK.
It is cheaper, jobs everywhere. Work off the plane..
In australua, 6 months to get anything
Would be funny if it wasn’t so serious! We need change of law ! Anyone in government not performing should be sacked and if proven negligent repay the losses and not n title of all the extra privileges/early retirement …,they ruin the state ,country and go working for international companies? They should be banned for applying at least 10years .
That’s why I see the tiny home movement and even veganism as fetishised homelessness and starvation.
BS
Think we’ve arrived