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Wille. you are correct. I had 2 properties at the time. My home/workshop and the house next door that I purchased to rent out...18% from memory I was dealing with on both places That wasnt caused by the economy though...Keating and the banks were fighting. The banks won

From Grok what is the current inflation rate in the USA and compare it to the current inflation here in Australia Thought for 3s As of the latest data (March 2026): bls.gov United States: The annual CPI inflation rate is 3.3% (up from 2.4% in February 2026). tradingeconomics.com Australia: The annual CPI inflation rate is 4.6% (up from 3.7% in February 2026). abs.gov.au Quick Comparison Australia's inflation is currently higher than the US by about 1.3 percentage points. Both countries saw inflation rise in March 2026, but Australia's increase was sharper (driven by housing, transport/fuel, and goods prices). tradingeconomics.com The US rate has been more moderate recently but ticked up partly due to energy (e.g., gasoline). bls.gov Australia's rate is now at its highest since around late 2023 and sits further above its central bank's 2–3% target band, while the US rate is closer to (but still above) the Fed's typical 2% goal. tradingeconomics.com

It seems funny hearing people refer to 4% as high interest rates. It was 17.5% when I took out a variable rate loan to buy my place, and the loan peaked at around 20%. My father was paying around 22% on his business loan at it's peak.

What? They are Not fair Dinkum? Is Nothing sacred? nev

"Real Australians" are a mythical beast invented by absolute fuckwits who spew their ignorance and racism on sites like this.

If you believe that, I've got a lovely bridge for sale.

Well, we're taking the jump. My wife and I test drove 3 EVs today - MG 4, MG 4 Urban and MG 5. Kate had already put down a deposit on the MG 4, but after driving all 3 we're tossing up between the Urban and the MG 5. In all 3 cars the acceleration is brilliant. Handling is great. We found the Urban and MG 5 more comfortable because we're both tall (and possibly a bit wider than we should be). Over the weekend we'll decide which way to go and switch the deposit on Monday.

Don't pretend what's going on in the ME isn't the Main Problem World wide, Plus Ukraine& Trumps antics. We aren't doing that Bad under the circumstance despite the Hysteria some try to Make of it. It wasn't Labor who closed down 4 of the six refineries . Have you got a "funny" radio station going on in your ear all day Kyle? That will do it, OR Joining PHON. The RBA sets Interest rates no Matter who is in power and THEY could put us in a recession if they apply the Brake too Much. Zero Interest rates are Never Normal. Nev

Even though election analyst Antony Green has retired from election night broadcasts, he still crunches numbers and runs his election blog. He comes up with some interesting stats. On his blog he was breaking down the S.A. Labor government's votes and swings and found that in safe Labor seats with a margin of 15% or more, there was a predominately large swing away from Labor, and in Labor seats with a margin less than 15%, there was a swing to Labor.

What are Real Australians? Nev

I tried the beer when I was up in the country, but it was hard to get, warm and tasted like the worst home brew you'd ever tried. Rotten egg gas smell when you opened them and no two bottles were the same. Apart from right hand drive cars driving on the right, another oddity was a couple of years later when Ne Win introduced new currency based on his lucky number 9. He also demonetized three existing notes which rendered 75% of the country's cash invalid. It wiped out most people's savings in a country that relied heavily on black market cash and hammered the economy. The military government was a bit crazy. In the first place I stayed there was a window between floors in the stairwell. In the distance seen out of the window was a big red building, and on the wall a poster with a stern government warning not to look at the big red building. I imagine in the big red building there would have been a government agent with the job of looking through a telescope to see if any foreigners were looking at the big red building. I wouldn't have even noticed the big red building if I hadn't seen the warning sign, so of course the natural response on reading the sign is to look out the window at the big red building.

Why are most Uber drivers ethnic? I don't believe Uber recruits on ethnicity. I am sure they don't give a toss about the ethnicity of the people who make money for them.

I believe Australia is 4.35 percent and the US is 4.35 percent. Not a huge difference.

We are pretty much the omly first world country with the highest inflation rate. The USA is lower..even the basket case pommies are better than us .Japan is extremely low, All economists and experts say its the amount of spending this government is doing. They are addicted to it. The budgets they put out are creative accounting they do not show the full costs ..there is so much "off the books" they dont show which would then show the real balance sheet of Australia. There are now literally more people working directly for the government in one way or another than the rest. This country is not productive any more. I saw a stat a couple of days ago where 1700 private businesses have gone bust. 300 off in qld and 600 odd in NSW and the rest in Victoria..and that was the last month of two. Those businesses are private and didnt work or supply goods to the govt or their projects. We are being led down the wrong track for the past 4 or 5 years. We need to turn this around. We need more of our young people to not do arty farty uni courses and get them on the tools..they will earn a lot more and build this place back up instead of importing dog walkers and yoga instructors and foreign studebts who just suck on the system and dont make this country productive Is this too hard to do or am I barking up the wrong tree and I should get in my time machine and go back to the 80's This country is so rooted now. Yes I am a baby boomer and what I have I have worked for and paid millions of dollars in tax yet apparently I am a drag on the system and not something to aspire to apparently

You should be happy that many ethnics are willing to do menial jobs, so Real Australians are free to do better and higher paying jobs.

Is this government responsible for high interest rates? Being a logical rational person I ask if high interest rates are only in this country. The US has quite a right wing government and high interest rates. Inflation and interest rates are high everywhere.

Yeah, Govts' blame an external "enemy", rather than themselves.

And for good reason ... to prevent the spread of nuclear weapons ... and the spread of international Islamic terrorism.

Actually ch7 has been a bit unusual lately. I noticed that when they showed Charmers interview when the interest rates went up and he blamed the Iran war basically and they then showed Michelle Bullocks assesment they did NOT show the the part where she said its mainly govt out of control spending that did the damage and not the war was the main reason..they essentially reported the story as Charmers version and did not show the other side. Then Spotlight did their program. so they seem to be swinging both ways on those 2 reports. Maybe its as usual its only for clicks not showing both sides of the one story.

It's still crap, because ethnics are replacing Real Australians at a rapid rate in the big cities. Before mass immigration, Real Aussies were doing everything, including the Councils' collection of filled thunder box bins, a mate of mine used to do that. Now of course we have underground sewage pipes, but many outlying suburbs in the sixties still hadn't. There were some undignified menial jobs I did before I regained my confidence to re-enter my trade after being discharged from conscription. There was a recession and I had to take whatever I could get. Today, Sydney is becoming mostly an ethnic city, so it stands to reason that ethnics will be taking over doing menial work, it's obvious. There was also a news report years ago where an Aussie was sacked from his trolley collection job at a supermarket because ethnics were prepared to do the job cheaper, or some such thing. Ethnics now collect the trolleys.

I agree with him too, but he forgot to add that the US is responsible for creating the new normal that he's complaining about.

Channel 7? Their recent hatchet job on batteries was disgusting. Sure make your case but don't lie.

Nev. you didnt read what I wrote. I said there are not many that have a right bias.....the only really right side and not far right bias is Sky (any owned by Murdoch) all the rest are left or far left like the ABC is now

I may have had a Paulian conversion on the road to Damascus. And Paulian if not a misspelling of Pauline.

Newspaper editorials have always been political when the there is a political discussion going on. They are not something that Murdoch et al invented. In Australia you can go back to the very first newspapers published in Sydney. (You can find them using Trove https://trove.nla.gov.au/ ) and see the political editorials therein. The editorials always promoted one view or another of the situation.