Відео

Young people will keep the spending going. They have no hopes so why would they save.

Abolish the parasitic corrupt Commonwealth, current Constitution and Monarchy and adopt extreme austerity with pre 1901 style Australasian Confederation. Commberra sucks the State's dry with high taxes and regulations. Size of Government in 1900 economy approximately 5%, 2024 +40%.

Great presentation

What were they expecting would happened to alcohol and private health costs. During cv 19 early days, I could not get fresh food but alcohol and fast food garbage was really available… private health also was wasted money for nearly a year when all services were not accessible…. Seems they forget all this and want pre cv days from the user, not from them, they are content with ripping us off

80% of my pension goes on rent and power bill I only have one meal a day because I don't have money to buy extra I live in poverty in SA on the verge of being homeless

Maybe when Trump returns and we have world peace and stop the commie war on fossil fuels and carbon plant food the hyperinflation will stop

Martin, you we're telling people the market was going to crash during covd 20 to 30%! And onwards! Also you and Edwin scoffed about all the bank of mum and dad help and then Edwin did it with his son! You guys are all over the shop.

Over the last year I have refrained buying luxuries. My bank account is higher than normal. I am not contributing to wanton consumerism.

Hello Martin 🙂

Australia is in a per-capita recession... has high interesst rates and a backlog of immmigrants wanting to attend ghost universities.

I don't know whether the Labour party in England can help the country. All the best Martin! At least you guys arent reimporting your own gas.

$10AUD for 1/4 watermelon? $7AUD for 5 tomatoes $8 AUD for 4 capsicums $14 AUD for 750g cheese $5 AUD 2lt milk Getting fun watching $50 feel like a $20, as was. Stopped looking at tills. Buying Lotto ticket for humour 😉

I rarely hear Albo talk about high property prices, high rent or high cost of living. Shouldn't this be his #1 priority?

With Inflation , Spend all your Money as soon as you Can . Tomorrow it will be Worth Less !

Spending is Still going up so No Recession , IMHO . Housing prices to continue to go UP .

FRYDAY !!!!

We decided to Quit fifo and move north, we received a company house pay about 110 rent before tax and power water suppled , I can say we’ve stopped spending on restaurants hotels clothes , even take a leaf out of Robbie’s book cut down on drinks 80 bucks for block of beers 😮so 90% pay goes to paying off mortgage , once this debit is paid in 2025 . We never get debt again .

All money should go towards paying down the motrage asap. Anything else is pampering yourself before the bank takes your house..

I thought that new PM bloke was a genius and going to fix everything! Dud?

Why aren't university professors jumping up and down about housing cost/supply, and job growth/diversity in Australia. The ever increasing cost/debt required for housing in this country is simply going to continue to vacuum up all the available money. At what point do the powers that be address the issue? is it when it costs the household income 70% - 80%? when parents can't afford to feed their families? - This trajectory is unsustainable and must be addressed now.

Silly sollys was busy

Edwin seems brainwashed about Chinese, it seems all he talks about, wechattees wechatters tik tok, where does Edwin live Bossley Park or Cecill Hills 100% lol

Australia is next.

Home price increases are a wealth tax, not wealth. Higher prices = higher rates & insurance, & if you did sell you may face a brightline tax, & have to buy a new home at similarly inflated prices. It's a rort that suits the tax sucking Gov't.

Seeing lots of those tiny townhouses far from the cbd struggling to sell in Auckland. Will be interesting to see how low they can go

Tip of the iceberg too. Bidding for construction work is super competitive, but liability insurance isn't. Retail is down to 87 crash levels.. it's getting pretty hairy.

If the RBA hadn't sat on their hands for 9 months back in 2022 when it was obvious to everyone that the increased money printing would elad to inflation, the rates would not have had to go as high, as fast or how long. Oh what a price we're all paying for the RBA making that stupid statement during the pandemic and to protect their egos as they hoped that somehow the magical inflation fairy would come and rescue their reputations.

AUKUS is a dangerous indulgence. What country is a threat to Australia? The US has been the worst invader of other countries, with failed wars since WW11.

Just aside Martin interesting story by 7News just out,has interesting info,"ACCC approves Armaguard bailout by major banks, grocery giants and Australia Post",cheers.

There will NOT be an election this year. One reason is that people in Qld are waiting for Labor with baseball bats (to use the Keating phrase). So Albanese needs to get the Qld State election out of the way first. There are also AEC redistributions in WA, NSW & Vic which need to be sorted. May 2025 is a stone cold certainty for the next Federal election.

These home prices will soon return positive. A Kiwi builder, who has a YT channel, said his average build cost is now between $3500 and $4500 per square metre. This effectively puts a floor on existing home prices.

NZ citizens leaving in record numbers, doesn’t bode well for the future of this country. Government back to it’s roots, enhance the rich, keep the poor hungry and keen to work for the rich, and flood the country with low skill immigrants. You are looking at Australia’s future on time shift.

God bless NZ.

More data on Christchurch

Congratulations IOTP team for all your hard work in exposing the corruption and incompetence at ASIC.

well the government came out on the news , with plans to free up land for housing . but no talk on the private debt , which along side an uneven tax system , is the real problem .we will see how it pans out . looking at news cars sales in aussie , show the government their is doing a good job . yes i said it

The obsession of house price only increases is just sickening.

These reductions in value do not factor in inflation. For those in trouble, owners who purchased in the last 2 or 3 years, inflation may have stolen 10% of the value of their home, nearly destroying their deposit. Ignoreness is bliss, but how long can the market be sustained by delusion alone ??.....let the banks decide ???.....the market ???....the plebs ????

up down out! dark era is already programmed.

Great message and personal story. Cutting out ultra processed foods and optimising sleep are very important. Carnivore, ketovore, extended fasting etc. are further steps which some may need to take, including me.

"By 2030 you will wown nothing". Thats meant to be world wide, and so far, its working perfectly

Sydney really isn't THAT good unless you're in the top 1%, but the top 1% can afford a great lifestyle anywhere. Average folk are burning the candle at both ends, and the end result of their efforts is pretty mediocre.

Now just need Australian prices to do the same. Outside of health and emergency services, we need significant cuts from our bloated public service. Public servants are tax consumers and contribute nothing to tax production.

Labor was deposed and immigration dramatically slowed?

Having used MyGovID for obtaining defence clearance I was assuming it could be used for things like police checks rather than having to go through the usual proof of ID mucking around. But no - even other government departments still require me to provide up to 4 forms of ID. So the idea that this will make peoples life easier seems dubious.

Our ridiculous house prices adjusting a bit is just a reflection of NZ's steadily falling standard of living. Decades of cheap finance transferring wealth mostly to the old has years of impact ahead. Ever since interest rates finally went up it has been one rumour of "rate cuts next year" after another. This has years to play out.

Splendid market review , the WTI still holds on to it's buy bias, although met with a resistance around 84 -for bitcoin the price is still holding above 57500, which is a red line, where i would expect the sellers to begin the bear market -but this would only be confirmed when the daily candle closes below it, if not i do not expect the sells to resume and this could just be a liquidity sweep Some of the best trades come when everyone gets very panicky.

Maybe NZ needs a good squirt or 2 of ketchup migration speak to albo

most people i know want to leave..pies are $9 each. criminal

reckon they will drop another 20% by 2025