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Victorians wait longer for $300 Commonwealth energy rebate thanks to Allan Labor Government

While Queensland and Western Australian residents have been receiving their first quarter 2024-25 Commonwealth Government electricity bill rebates since 1 July, which will total $300 per household over the full year, Victorian residents are still waiting for Energy Minister, Lily D’Ambrosio, to sign off on the rebates. With Victorian households and businesses doing it tough…
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Gra$$ is certainly greener in Kingston 🫰

Community members and those streaming July 2024 council meeting online were taken aback by eye-watering amounts allocated to maintenance of green spaces. Mowing contracts awarded add up to $44,000,000 ( million) inclusive of GST but before CPI ( 31 million for open spaces and 13 million for ovals) and if right this moment you are…
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Albanese Government fails to tame inflation

Q2 Inflation figures confirm the Albanese Government has failed to tame inflation. Consumer prices grew by 1% in the quarter, increasing inflation to 3.8%.Core inflation is 3.9%. This is well above the Reserve Bank’s target and above both the Reserve Bank and Treasury’s forecasts. Inflation impacts everyone – it means higher prices, higher interest rates…
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This week is pivotal for the Australian economy.

On Wednesday, the Australian Bureau of Statistics (ABS) will release the Q2 CPI inflation figures, which will determine whether the Reserve Bank of Australia (RBA) will raise the official cash rate at its 6 August meeting. Monetary transmission in Australia is far more sensitive than in comparable nations, owing to its globally high share of…
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Victorian property taxes plunge construction sector into crisis

This week a new industry survey showed confidence within the property industry has fallen to its lowest level since the depths of the Covid pandemic, with Labor’s budget continuing to be propped up by ever increasing property taxes. A listed fund I can not name had made a decision to divest and exit Victorian property…
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Australian stocks will crush housing over the next decade

Experts suggest housing is 40% overvalued, making it one of the world’s priciest assets. There’s lots of news about housing prices, clearance rates, ‘hot’ suburbs, interest rates, and where to get the best loan. There’s much less about property values, or valuation. I’m going to suggest that valuations do matter and they’re little mentioned because…
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Biden drops out of presidential race and endorses Harris to be nominee

After weeks of fighting for his political life – insisting he wasn’t going anywhere following a disastrous debate performance – the president did not come in an Oval Office address or a speech on the campaign trail. Instead, it came in letter posted to social media as he recovered from Covid-19 at his beach house…
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Integrity Concerns Over Kingston Grant to Druze Community

Former mayor and Cr Saab – City of Kingston (right) The Druze, who call themselves al-Muwaḥḥidūn, are an Arab and Arabic-speaking esoteric ethnoreligious group from West Asia who adhere to the Druze faith. Most Druze religious practices are kept secret. The Druze do not permit outsiders to convert to their religion. Marriage outside the Druze…