The state of the economy at the street level

[SirRumpole]

Australians are not getting a fare share of oil and gas revenue

Australia's and Norway's economies both have massively profitable resource industries, but Norwegians receive a much larger and fairer share

australiainstitute.org.au

 

[JohnDe]

traveling through Japan and now Korea, I can say that Australia is in a economic decline. We pay more for just about everything, our transport system is extremely bad, cost of fresh food is extremely high, our industrial relations regulations are problematic, and on it goes.

Trying to make money from raw materials alone is a recipe for disaster.

 

[farmerge]

traveling through Japan and now Korea, I can say that Australia is in a economic decline. We pay more for just about everything, our transport system is extremely bad, cost of fresh food is extremely high, our industrial relations regulations are problematic, and on it goes.

Trying to make money from raw materials alone is a recipe for disaster.

View attachment 207745

Apparently our pollies are oblivious to this.
No longer do we ride on the sheep's back but on the raw materials trains.

 

[qldfrog]

as many here , i am aware of world market oil price, quite low at around $63 USD a barrel .
considering inflation and a collapsing USD value, this is pretty low
yet looking at unleaded 91 price on the sunny coast this morning: 2.09 aud a litre...
have I missed something? New taxes?

 

[rolly1]

as many here , i am aware of world market oil price, quite low at around $63 USD a barrel .
considering inflation and a collapsing USD value, this is pretty low
yet looking at unleaded 91 price on the sunny ciast this morning: 2.09 aud a litre...
have I missed something? New taxes?

1.65 in Brisbane Frog. Me thinks you getting screwed cause of all those Boomers retiring up there they think it's time to milk that cow.

 

[countrylad]

as many here , i am aware of world market oil price, quite low at around $63 USD a barrel .
considering inflation and a collapsing USD value, this is pretty low
yet looking at unleaded 91 price on the sunny coast this morning: 2.09 aud a litre...
have I missed something? New taxes?

In Brisvegas too frog, can be 40-50c difference just along Wynnum road between servos.

Please note everyone I am a re-located New South Welshman, and will never ever be a queenslander no matter how long I live here, 15 years and counting

 

[qldfrog]

as you guys know, i am not a positive kind off guy looking at Australia.
i loved Australia and its people, not do sure i still love much of the later.
i added a thread Thread 'Australian economics good news thread' https://www.aussiestockforums.com/threads/australian-economics-good-news-thread.38661/
so that people afraid of my doom and gloom can post their glittering good economic news showing our country progress
@ShareSuccess , this is inspired by your comment!
Keen for your facts and number inputs.

 

[farmerge]

as you guys know, i am not a positive kind off guy looking at Australia.
i loved Australia and its people, not do sure i still love much of the later.
i added a thread Thread 'Australian economics good news thread' https://www.aussiestockforums.com/threads/australian-economics-good-news-thread.38661/
so that people afraid of my doom and gloom can post their glittering good economic news showing our country progress
@ShareSuccess , this is inspired by your comment!
Keen for your facts and number inputs.

Probably a bit off the thread but......
I watched Spotlight on Ch 7 last night hosted by Liam Bartlett.
The long and short of it is the Chinese Embassy in Canberra is more alert and ready than our collective defence forces, and the blame for this lies squarely at the feet of successive Governments.

 

[sptrawler]

Nothing to see here, say the chardonnay loonies.

'Crisis point': Supermarket chain considering closing stores due to rise in retail crime

The boss of a supermarket chain is considering closing down stores, warning retail workers are facing unprecedented levels of violence and aggressive behaviour on an almost daily basis.

www.abc.net.au

 

[StockyGuy]

Nothing to see here, say the chardonnay loonies.

'Crisis point': Supermarket chain considering closing stores due to rise in retail crime

The boss of a supermarket chain is considering closing down stores, warning retail workers are facing unprecedented levels of violence and aggressive behaviour on an almost daily basis.

www.abc.net.au

Yeah I find it hard to explain this type of crime as fundamentally economic. This is NOT the trope of the poor farm boy or orphan stealing a loaf of bread for the precious calories needed for survival, and then being transported to Australia as a convict for the term of his natural life. Instead this is low IQ, low impulse control, low trait conscientiousness and agreeableness stuff.

 

[sptrawler]

Yeah I find it hard to explain this type of crime as fundamentally economic. This is NOT the trope of the poor farm boy or orphan stealing a loaf of bread for the precious calories needed for survival, and then being transported to Australia as a convict for the term of his natural life. Instead this is low IQ, low impulse control, low trait conscientiousness and agreeableness stuff.

Free range society, where the individual decides what is acceptable, not the leaders.
Interesting times, it is common where I live for people to walk out with trolleys full of groceries and ignore staff calls for them to stop.

 

[StockyGuy]

Free range society, where the individual decides what is acceptable, not the leaders.
Interesting times, it is common where I live for people to walk out with trolleys full of groceries and ignore staff calls for them to stop.

I know, man. I went through a period of binge watching this fella MrSikkant's stuff on YouTube - he has a great one on Mandurah hehehe:

 

[qldfrog]

Yeah I find it hard to explain this type of crime as fundamentally economic. This is NOT the trope of the poor farm boy or orphan stealing a loaf of bread for the precious calories needed for survival, and then being transported to Australia as a convict for the term of his natural life. Instead this is low IQ, low impulse control, low trait conscientiousness and agreeableness stuff.

and a narrative, social media of EU shop storming by the poor "refugees"
it is not stealing, it is sharing of the common property: no borders, no boundaries

 

[JohnDe]

Barber around the corner from my business went up in smoke a few days ago. The staff appeared to be nice and friendly, always busy at starting price of $40 standard haircut. They first opened up about 8 years ago and expanded last year to add the premises next door. Good money in barbering, the owner manages a couple of other sites and drives a very nice looking sports AMG Mercedes.

Rumour I was told is that they were selling vapes and cigarettes from the back room. I didn't see anything when I had my hair cut over the several years I have gone there. But where there is smoke, as the saying goes. And, about 5 months ago there was a drive by shooting into the glass windows during closing time.

Now I have to find another barber, that p's me off because I hate getting haircuts and most of the barbers look like something from a pulp fiction movie.

 

[divs4ever]

Barber around the corner from my business went up in smoke a few days ago. The staff appeared to be nice and friendly, always busy at starting price of $40 standard haircut. They first opened up about 8 years ago and expanded last year to add the premises next door. Good money in barbering, the owner manages a couple of other sites and drives a very nice looking sports AMG Mercedes.

Rumour I was told is that they were selling vapes and cigarettes from the back room. I didn't see anything when I had my hair cut over the several years I have gone there. But where there is smoke, as the saying goes. And, about 5 months ago there was a drive by shooting into the glass windows during closing time.

Now I have to find another barber, that p's me off because I hate getting haircuts and most of the barbers look like something from a pulp fiction movie.

my hair has already chosen suicide , so i don't rush nature

 

[wayneL]

In my client base I am starting to see the beginnings of a move away from what you might call "hustle culture", ie getting ahead at the cost of their own mental and physical health, and others.

IOW feeling the grass on their feet, smelling the roses, disillusionment with (anti)social media, focusing more on relationships, and attaining status, inter alia.

I reiterate it is just the small seeds of such... great for those folk, but not necessarily for GDP.

 

[finicky]

.. feeling the grass on their feet, smelling the roses ..

A vain pursuit for career hustlers. You need to be a long term bludger to achieve such feats. Can't have your cake and eat it too.



P.S are your clients Mornington Peninsula types on stud farms?

 

[wayneL]

A vain pursuit for career hustlers. You need to be a long term bludger to achieve such feats. Can't have your cake and eat it too.

View attachment 208820

Nothing wrong with an appropriate bludge. Certainly work to provide for yourself and family, and their future economic security, even a bit of philanthropy.

But certainly not a vainglorious flaming out for no other reason than buying more 5hit we don't really need.

 

[finicky]

Certainly work to provide for yourself and family, and their future economic security, even a bit of philanthropy.

Totally. That was my father. I just didn't fit in or measure up, lol

 

[farmerge]

Barber around the corner from my business went up in smoke a few days ago. The staff appeared to be nice and friendly, always busy at starting price of $40 standard haircut. They first opened up about 8 years ago and expanded last year to add the premises next door. Good money in barbering, the owner manages a couple of other sites and drives a very nice looking sports AMG Mercedes.

Rumour I was told is that they were selling vapes and cigarettes from the back room. I didn't see anything when I had my hair cut over the several years I have gone there. But where there is smoke, as the saying goes. And, about 5 months ago there was a drive by shooting into the glass windows during closing time.

Now I have to find another barber, that p's me off because I hate getting haircuts and most of the barbers look like something from a pulp fiction movie.

Sad what's happened to the barber of choice but humorous last sentence.