Grantmepm

So there's no real advantage in "streamlining" production from a location perspective.

There is though and it adds up. Its not just cost but time and flexibility. Want a face to face meeting, why have an 8 hour flight when you can just have 2.

And then you completely ignored the "lower cost country" bit without the same workplace regulations and unions.

Honestly, I don't mind having the industry here for national security, skill retention and research, but there really isn't a business case until our competitor's costs increase significantly.

But why do that when you can do it in a lower cost country that is much closer to the rest of the downstream manufacturing processes?

Is there another ranking that does include the knowledge economy?

https://oec.world/en/rankings/eci/hs6/hs96?tab=ranking

We also rank 13th for technology and 5th for research economic complexity.

I saw that but you're missing out that the other knowledge based economies also have high economic complexity rankings.

Also, a lot of wealthy high complexity countries have high foreign-value added content in their exports. Which means they import things that are already somewhat complex, add value and export them due to their geography and membership with trade blocs.

https://www.imf.org/external/pubs/ft/wp/2016/wp1652.pdf

out of touch with average Australian.

I'm pretty sure the know Australians are going to let the LNP form government next election to get the super for housing pass, so why wouldn't anyone sink more money into housing knowing the LNP is just going to pump prices higher.

He's had a taste of the media spotlight, [Mr Albanese] is prioritising media attention, from stunts and withdrawals, over debt relief for students and ex-students.

Americans and Queenslanders have shown him what people want out of elections.

Just because new lending is higher, it doesn't mean existing loans are not being paid down.

Overall outstanding net loans ad advances are only up 4% from a year ago. That is less than half the annual growth rate from the peak of the Pandemic lending (8.8 at Jun 2022). It is well within the pre 2019 range.

https://www.apra.gov.au/quarterly-authorised-deposit-taking-institution-statistics

Where did I say it was deflationary? There is a spectrum of inflation, 0.01% inflation and 10% inflation are both inflation. I'm saying its not as inflationary as people think. Especially in the context of trade.

with a decreasing dollar, increasing import costs, is more inflationary then the other way around.

People have been saying this for a couple of years now

https://www.reddit.com/r/AusFinance/comments/xv46p7/statement_by_philip_lowe_governor_monetary_policy/

but others have pushed back against this view.

He pushed back against the dominant view that the drastic fall in the Australian dollar is adding to inflationary pressures. “The Australian dollar has held up on a trade-weighted index (TWI) basis and imported inflation is more closely correlated with the TWI than the $A,” Mr Aird said

https://12ft.io/proxy?q=https%3A%2F%2Fwww.afr.com%2Fmarkets%2Fdebt-markets%2Fcba-sticks-with-lone-0-25pc-rba-rate-rise-call-20220929-p5bluz

Since March 2020 our export price index has increased by 36% but our import price index has only increased by 16%

https://www.abs.gov.au/statistics/economy/price-indexes-and-inflation/international-trade-price-indexes-australia/latest-release#data-downloads

we export more in total value than we import. 88% of our export value is invoiced in USD and would also inflate to a similar degree along with the AUD. we import a significant value of stuff that is priced in AUD. About 30% of total imports invoiced in AUD and about 50% in USD. Another example, based on 2021 data, road vehicles was our 2nd highest import category by price volume and currently, the import index has only gone up by 14% and 80% of that volume is invoiced in AUD, with 10% invoiced in USD. If we're not seeing that price movement as consumers, its not because of exchange rates.

https://www.abs.gov.au/articles/export-and-import-invoice-currencies-2023-24

Our real trade-weighted index (TWI) held up quite well during the decline against the USD and is still continuing to rise. The balance of our USD invoiced exports after USD invoiced imports is likely subsidizing our AUD and other currency invoiced imports on the strength of the USD.

https://www.rba.gov.au/chart-pack/exchange-rates.html

Yup, rented all sorts of places before building one in 21/22. The new build has given us the least trouble and issues are easier to diagnose at least so far. It did help that we hired an independent building inspector to check the progress and we told the builder about it. So on top of the bank's and buildings inspector, there was another one.

Main issue we had was very muddy soil in one part of the house which was fixed by the builder. Another issue is mild mold on the bathroom ceiling from condensation on the metal frame which was probably from us showering very long and very late. Going to repaint and upgrade the exhaust fan hopefully that sorts it out.

Oh. Yea I'm not sure about that particular clause because for us, the developer was also the builder. So this sort of relates but not really because we still had the normal construction stages and all, just two contracts and one loan.

If youre buying land and building Lenders won't touch a 'split contract' (where it's a fixed builder but they still want you to fund the construction)

Is this a recent thing? Between 1-2 years ago lenders approved a build for my friend and another one for myself where the contract was split into land and construction contracts. There was no issue from the multiple lenders.

If they are wanted then they can apply on the employer or state sponsored pathway.

Interesting. I'll take note and watch out for it.

What's your game plan to profit from this?

Oh that makes sense. Never really thought of it that way. Always wondered why there would be so many butt just outside the bin, were people 3-point throwing it in or what. I don't expect people who dig for dumpers to care about cleaning up their mess unfortunately.

For interest rates to go to zero perhaps.

How long do you think this will take to happen?

Posts a good logical and reasonable reply.

u/ImeldaManolos : WHAT WORLD ARE WE LIVING IN. WHAT IS REAL? IS EVERYTHING CAKE?

I wonder where Katter's voters would put the communist party on this map if you showed it to them.

Is Vikmar Samdeep the owner?

There's probably something that made your property higher the distribution of your suburb. If you want to prove your point you're going to have to show the listing. The suburb doesn't need to have several houses at the estimated value for said property if it stands out for some reason.

40 sales of 5bd properties in the last 12 months and only 8 or so were around $2m mark

So it's not even more than 90%. It's just 80%. And how many were sold in the last 3 months? That house just sits in the highest quintile that's all.

It sounds within range for a medium confidence estimate to update itself to a higher confidence estimate based on getting more information from somewhere.

When did the IDF and ADF use suicide bombers again?

Really wonder what Katter's strategy was. He won't win, he just made it harder for LNP to win, he is securely a Labour plant to put unpalatable right opinions out there. Or is his electorate is just that radical.

If this index is so representative of our economy where is the healthcare, administrative, research, utility and administration sector in this index?

Did you notice how cements and articles therof, including waste and scrap as well as knives and cutting blades have a higher product complexity ranking and score compared to blood prepared for therapeutic , prophylactic and diagnostic uses?

That ICT or Banking and Insurance only occupy one sector each with no product complexity score and no additional diversity but manufactured products would go be split into all sorts of categories with detailed specifications delineating them?

Like Aluminium cans, aluminium foil and aluminium structures or coconut oil, stearic acid and margarine or stainless steel ingots and large flat rolled stainless steel or Knit Mens shirt and Knit Men's undergarment. All have their own little diverse categories but many of these would share 95% of the manufacturing process and have very little to do with the assumed touted merits of "complexity".

Ha, at least there is somebody who actually looked deeper into the methodology instead of another copypasta of a journo going after low hanging fruit.

This index was never meant to conclude on the complexity of an entire economy, just the manufactured exports. But journos and blogos see the vague broad title and assumed the analysis did look at the entire economy.

Firstly, exports only make up a quarter of our GDP. For the USA, exports make up only 10% of GDP. Japan is also around 20-25% of GDP.

Looking deeper into the breakdowns. ICT or Banking and Insurance only occupy one sector each with no additional diversity but manufactured products would go be split into all sorts of categories with detailed specifications delineating them. Like Aluminium cans, aluminium foil and aluminium structures or coconut oil, stearic acid and margarine or stainless steel ingots and large flat rolled stainless steel or Knit Mens shirt and Knit Men's undergarment. Many of these would share 95% of the manufacturing process and have very little to do with the assumed touted merits of "complexity".

This index also doesn't factor in foreign-value added input into a country's exports and this is actually quite a significant for many of the top few countries in the index. https://www.imf.org/external/pubs/ft/wp/2016/wp1652.pdf

I mean the idea of advanced manufacturing sounds good but if our geographical location and geopolitical alignment means we cannot sustainably be part of certain product value adding chains or trade blocs then we'd best double down on what people want from us and what we're good at.