I'm not saying the Australian Treasurer has no idea how the housing rental market works, but I'm not not saying that. - ThreadSky

ddsd.dolsen.net • 4 days ago

I'm not saying the Australian Treasurer has no idea how the housing rental market works, but I'm not not saying that.

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faineblackadder.bsky.social•4 days ago

Maybe start with the agents.

benjamino.bsky.social•4 days ago

I'm not saying this is so egregious a fantasy that it should be instantly disqualifying of a Treasurer's tenure, but I am very much saying precisely that

kalianthony.bsky.social•4 days ago

I'm being charitable when I say this is wishful thinking...

ddsd.dolsen.net•4 days ago

Oh no, this post has broken containment.

supercroup.com•3 days ago

Hope you've got an umbrella to shield yourself from drips

ddsd.dolsen.net•3 days ago

socialpiranha.bsky.social•4 days ago

Is Chalmers not realise we all freak out about these insane price hikes on everything because, generally speaking, prices never go down once they've gone up.

joanneb.bsky.social•3 days ago

‘Yay tenants are getting more rent assistance let’s put rent up even higher.’

beanery.dev•4 days ago

Ah yes, the traditional passing on of reduced basis points to renters, as though that is a thing that happens as a norm.

tiredhottakes.bsky.social•4 days ago

Oh, Jim. Oh, dear sweet Jim. How adorable that he thinks landlords just wilfully give up part of their income.

snarkyplatypus.com•4 days ago

He’s worse than Albanese lmao

shaneconvey.bsky.social•4 days ago

The land lords may but the realestate agents never will

tomgj.bsky.social•4 days ago

Yes, had a jolly good chuckle when I heard him make that joke on the radio

neko.stream•4 days ago

https://www.youtube.com/watch?v=_n5E7feJHw0

nwind.bsky.social•3 days ago

A shit tonne of lenders yet to even confirm they’ll pass on the rate cut

elyobo.bsky.social•3 days ago

High confidence that 99% of them will. This time.

elyobo.bsky.social•3 days ago

Of 63 lenders mentioned on this Savings article, 44 have announced what they'll do (~70%) and all of them have passed on the full 25bp so far.

https://www.savings.com.au/news/rba-rate-cut-february-2025

elyobo.bsky.social•3 days ago

I think there's so much focus on this particular cut in particular that it would be very bad PR not to pass it on, making it much more likely to lose them customers than acting out of line in the middle of a cutting or raising cycle.

pigfork.bsky.social•4 days ago

This would be laughable if not for the fact that he’s the fucking Treasurer

kerenlavelle.bsky.social•4 days ago

I guess he's never been a renter.

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