u/Newworldimpartiality

These demographic trends demonstrate that Australia is not simply geographically located in the Asia-Pacific region; it is becoming socially, culturally and more economically connected to Asia.

Australia’s future is therefore being shaped by its relationship with Asia, and by the strong Asian connections within Australia .

So, if Australia does not recognise that its connection to Asia is critical to the future growth and prosperity of Australia, is it possible that Australia will miss many opportunities and fail to reach its potential?

These demographic trends demonstrate that Australia is not simply geographically located in the Asia-Pacific region; it is becoming socially, culturally and more economically connected to Asia.

Australia’s future is therefore being shaped by its relationship with Asia, and by the strong Asian connections within Australia .

So, if Australia does not recognise that its connection to Asia is critical to the future growth and prosperity of Australia, is it possible that Australia will miss many opportunities and fail to reach its potential?

Some people argue that Japan’s response was pragmatic because it prioritised long-term national survival and economic reconstruction over historical grievance.

That is, Japan traded its lack of diplomatic action against the U.S. for guaranteed military security.

However, others argue that post-war Japan completely betrayed the memory of more than 200,000 victims of the bombings while at the same time choosing to be a subservient puppet of the U.S.

If we look at major international investment announcements in Victoria over the past five years, it seem like a significant proportion of the headline investment has been concentrated in a small number of projects, particularly AI infrastructure, Moderna’s mRNA manufacturing facility and the Golden Plains Wind Farm.

Outside of these projects, Victoria appears to have attracted fewer large-scale, internationally mobile private investments than might be expected for one of Australia’s major economies .

While Victoria’s major infrastructure projects have supported economic activity and employment, the longer-term question is whether Victoria can sustain strong economic growth if public investment and government borrowing can not continue to play a major role? The question is whether private investment, especially from offshore, can help to fill the gap.

The opportunity in Western Melbourne is attractive because Melbourne has something Sydney might struggle with - space to continuously build very large AI campuses.

But the deciding factor might be whether Victoria can provide guaranteed, scalable electricity. If it can provide access to hundreds of megawatts, ( and potentially gigawatts), of reliable power in the west, then the Melbourne-Avalon-Geelong corridor becomes much more compelling.

So, can Victoria generate enough power to service the huge demands of these AI hubs?

If successful Melbourne‘s West would be in a position to provide a debt ridden Victoria with a variety of revenue streams through taxation, charges and various other revenue measures.

The US has a terrible history of corruption, global interference, and a reckless use of its military power that has destroyed millions of lives around the world . Its nuking of Japan in WW2 is one of the most significant acts of mass murder the world has ever seen. Within its own borders it is rife with corruption, sexual deviancy, people smuggling, and uncontrolled drug abuse.

China also displays traits that many see as questionable , but the key is China has never interfered militarily in the global order to the same extent as the US.

7.8 billion people have had enough of these 2 countries jumping between peace and war almost daily in some cases . They are adversely impacting people around the world who can not afford high oil prices , the rising cost of food and other flow-on events . The conflict needs to stop . Grow up, come to an agreement and let the world return to normal.

I saw firsthand when the ‘Big 4’ banks first offshored tech jobs many years ago. At a large company, an internal recharge rate for an employee might have been say $800 per day and this was replaced with a fully competent Indian coder for example and an invoice of maybe $480 per day.

I feel sorry for a lot of Australian employees who think that WFH is the promised land when in reality it could be a one-way ticket to unemployment. Don’t forget employers are resourceful and when confronted with rising costs or the financial vulnerability of their company is at stake, they make the necessary changes to ensure survival.

Don’t forget in a country like India they have something like the same number of graduates as the total Australian population. They speak very good English and they are smart.

If every $1 of superannuation directed into government projects will be replacing $1 of taxation revenue that would otherwise have funded these projects, then isn’t it reasonable to expect a reduction in the tax received by government from me? Or is this going to be another cash grab by governments in Australia and the use of super will simply be in addition to existing government expenditures . If that is the case then my super is replacing government expenditure sourced through government borrowing which means the government might only feel obliged to pay me the government bond rate for the use of my super. I wouldn’t be happy with that.

If every $1 of superannuation directed into government projects will be replacing $1 of taxation revenue that would otherwise have funded these projects, then isn’t it reasonable to expect a reduction in the tax received by government from me? Or is this going to be another cash grab by governments in Australia and the use of super will simply be in addition to existing government expenditures . If that is the case then my super is replacing government expenditure sourced through government borrowing which means the government might only feel obliged to pay me the government bond rate for the use of my super. I wouldn’t be happy with that.

I understand governments have made a lot of progress regarding the cladding issue with new regulations and rectification programs . But at the same time it seems other issues still remain in the building industry such as questions about workmanship, cheap materials and developer driven timelines that would concern me if I was looking at a new build. So am I being over critical or is there some kind of systemic problem with new builds and off the plan properties in Australia?

On 8 July ABC News reported that the latest Domain Rental Market Report revealed national average rents increased $20pw or 3.1%. If governments panic then maybe they will think that a rent freeze or limits on rent increases will buy them votes with renters. Obviously it would be another limit on investors which would in turn limit supply of new investment and rental accommodation. Nonetheless, given how shortsighted and opportunistic governments can be, can we rule out a cynical cap on rents?

If governments panic then maybe they will think that a rent freeze or limits on rent increases will buy them votes with renters. Obviously it would be another limit on investors which would in turn limit supply of new investment and rental accommodation. Nonetheless, given how shortsighted and opportunistic governments can be, can we rule out a cynical cap on rents?