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Joined August 2009
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Kos’s post is textbook Labor-aligned grievance theatre: cherry-picked sob stories about a Melbourne nurse and NSW maintenance supervisor to paint a “salaried majority” crushed by “asset power,” while cheering the May 2026 budget’s modest tweaks to negative gearing and CGT as some heroic rebalancing. It’s pure envy dressed up as empathy—fact-light, consequence-blind, and economically illiterate. The budget restricts negative gearing on established properties to new builds only from mid-2027 (grandfathered for existing holdings) and replaces the 50% CGT discount with inflation indexation plus a 30% minimum tax on gains. It raises a few billion over four years. Nice symbolism. Terrible policy. This won’t help the profiled workers—it will likely hurt them. Restricting gearing on the existing housing stock (where most rentals actually are) deters investors from buying established properties. Expect tighter rental supply, landlords passing on higher costs or exiting, and rents climbing further in outer Melbourne and regional NSW. The nurse already seeing rent up a third gets squeezed harder. Modelling consistently shows these tweaks do little for first-home buyers while distorting the market that supplies rentals to the salaried majority. Real causes of their pain, which Kos airbrushes away: • Real wages stagnated or fell for years under Labor as inflation outran wage growth, bracket creep bit hard, and big-spending policies fuelled price pressures. • Mortgage stress exploded after the RBA’s aggressive rate hikes—hitting fixed-rate rollovers like the supervisor’s from 2% to triple that. • The housing crisis stems from chronic underbuilding for decades plus record migration levels, not just tax concessions. Most “asset owners” aren’t oligarchs; they’re middle-aged mums and dads with one investment property trying to secure retirement. Kos romanticises the backlash as proof of elite capture while ignoring how this performative redistribution chills capital, reduces rental stock, and punishes risk-taking without delivering productivity gains, cheaper housing supply, or wage growth. The salaried majority needs more homes built, better migration balance, and genuine economic reform—not class-warfare gimmicks that make their rent and cost-of-living problems worse. Pure substack bait. The facts show it entrenches the very backward slide Kos claims to hate.​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​ @KosSamaras nothing but a lying Labor puppet!
In May, the federal budget did something Australian budgets almost never do. It touched the tax concessions that protect wealth. The response was predictable and it had nothing to do with salaried Australians. Like these two…and the vast majority of Australians. A registered nurse, 34, in Melbourne’s outer north. Under $90k, an essential job, still paying off the degree that got her there. Her rent is up more than a third in three years. Her pay isn’t. She did everything her generation was told to do, and she’s going backwards. A maintenance supervisor, 51, keeping a regional NSW town’s biggest employer running. Fixed his mortgage at 2% in 2021 and felt secure for the first time. Rolled onto a rate three times higher. Repayments up more than $1,000 a month, on a wage that didn’t move. Neither owns an investment property. Neither has a lobby, a peak body, or a meme campaign. Between them they are most of the country and in the week the budget tried, however modestly, to shift the balance back towards them, the airwaves belonged to the people they’ll never become. The salaried majority has been getting poorer for years while the national conversation was about someone else. Those with asset power. New piece, link below
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ABC’s latest housing “analysis” isn’t journalism—it’s taxpayer-funded Labor propaganda, and it’s utterly disgraceful. In Michael Janda’s 13 May piece on the Albanese government’s CGT and negative gearing tweaks, the ABC breathlessly praises Labor’s “bold” tax raid on investors as the fix for first-home buyers. “Supply issues” get endless airtime. Howard-era distortions? Check. Intergenerational fairness? Check. But the actual elephant—Labor’s record-shattering immigration surge that’s exploding demand while supply chokes? Not one word. Not a single mention of the budget’s own upgraded migration forecasts (295k this year, still sky-high). Not a whisper about Treasury data showing net overseas migration outpacing new homes by hundreds of thousands. This is bias by omission on steroids. The article violates the ABC’s own impartiality code (sections 4.2 and 4.5) by airbrushing out the biggest driver of the housing crisis under Labor’s watch. Meanwhile, Canada slashed immigration targets and saw prices stabilise. New Zealand, with zero formal CGT and lower taxes, cut the migrant flood and eased rents. Australia? Labor kept the borders wide open and now hikes taxes on landlords. Genius. And the timing? Pure coincidence, of course: Labor just handed the ABC another $58 million in the same budget. Nothing to see here—just a public broadcaster running cover for its funders’ failures. This isn’t “due impartiality.” It’s wilful blindness to Labor’s housing catastrophe: record migration chronic undersupply = rents through the roof and young Aussies locked out. ABC isn’t holding power to account. It’s the government’s PR department. Australians deserve better than this partisan drivel.
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The freak facts!
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The real facts @AlboMP and @JEChalmers won’t admit!
IMF Warns Australia Set For One Of Highest Inflation Rates In Developed World zerohedge.com/economics/imf-…
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The real facts!
There are two sides to every story. Get a load of this cut - watch as Liam Bartlett goes to town on hapless Bowen. This proves the MSM is dying not because of the medium, but the lack of substance. More.
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**Four years of Albanese's Labor government and Australia is in freefall.** Record immigration tsunami: nearly **480,000 net permanent and long-term arrivals** in 2025 alone – the highest on record – flooding the country while infrastructure buckles and services strain. This engineered housing Armageddon: national rental vacancy rates stuck at a pathetic **1.1-1.5%**, rents surging another **5% ** in 2025 with median advertised rents hitting **$650/week** and still climbing. House prices jumped nearly **9%** nationally in 2025, with more pain forecast. Sydney and other capitals remain among the world's most unaffordable. Young Aussies and working families are locked out of the dream their parents took for granted. Cost-of-living betrayal is total: real household disposable income per capita has plunged around **8%** from the 2022 peak under Labor – delivering the longest per capita recession on record and one of the sharpest living standards drops in the developed world. Power bills? Albo famously promised **$275 cheaper** – instead, they've soared by **hundreds of dollars** for the average household, with some states seeing over **$1,000** more than promised. Stage 3 tax cuts were gutted and repackaged. Wages crushed relative to inflation. Everyday Australians are poorer, not better off. Broken promises stacked on broken promises. Zero transparency – endless spin, secrecy, and dodging hard questions while deficits linger and debt piles higher into the future. This isn't "global headwinds" or bad luck. It's **Labor incompetence on steroids**. Albo and his team have wrecked the lucky country in a single term. Australians are poorer, more stressed, priced out of their own homes, and watching their nation change beyond recognition. Enough is enough. Time to hold them accountable.
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Michael, I can’t respond to your post.. due to original poster blocking me, responding here… your "facts" are cherry-picked spin that dodge every core issue I raised.** 1/3 homes with solar and midday negative prices don't magically eliminate the grid upgrades AEMO has repeatedly flagged as essential for serious EV scale-up—your "no update required" claim is pure fantasy. Nighttime cheap power for 12,000 km/year per car is a cute per-household footnote, not a solution for electrifying at China's level while our sparse population, vast distances, and long-haul trucking still demand reliable diesel. Battery recycling isn't a "red herring"—global rates remain abysmal and the toxic mining/refining chain (largely Chinese) is the exact offshoring dependency I called out. Fortescue's supposed "all-electric switch" and Tesla's latest truck specs change zero about physics, economics, or the fact China's fleet is still powered by a grid **over 53% coal** with record new coal plants approved and built in 2025. Your points don't touch the 250 million litres "savings" being coal-smoke offshoring, rural/ag realities, or $4/L diesel farmers actually face. Care to share *real* data next time instead of conference-slide cope?
Replying to @Oscarthefarmer
Care to share your data? General points: 1/3 of Aussie homes have solar. Oz has excess grid supply which is why power is free between 11am-2pm. No grid update required. Excess power available between midnight and ) am hence it is 70% cheaper, no grid upgrade required as charging an EV over the course of 365days for typical 12000km use is a non event. Yes Chinese cars are cheaper in China than here and they are more expensive in Europe than here. Battery recycling is available and is a bit of a red herring as batteries are so resilient and are often reused as mains backup. Yes expensive ag equipment won’t be replaced overnight and any business trapped with high value ice based machinery may require govt support. That being said Fortescue switched from hydrogen to all electric plant this year. Tesla released final specs of their truck to Jay Leno this week, it’s on his YouTube channel.
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Response below- I can’t post on a thread where the original poster blocked me.. Australia does produce some crude oil and condensate, but we remain a net importer of refined fuels — only a small fraction of the fuel we use comes from Australian crude refined locally. Coal does matter for energy security: Australia's electricity grid is still roughly half coal-fired, and we mine coal domestically at massive scale. Shifting trucks and cars to coal-powered EVs would reduce dependence on imported oil, but it simply swaps one domestic fossil fuel for another while adding new supply-chain risks from batteries and mining that Australia doesn't fully control. The original point about China was never about Australia's oil situation. China's "electrification" remains heavily coal-dependent, with a large share of its electricity still coming from coal and record new coal plants being approved. Coal-powered EVs aren't zero-emission magic — they're mostly an emissions relocation, not an elimination.
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Cherry-picked stats from a weak Treasurer who blocks comments to dodge scrutiny—classic sign data can't stand up. Sure, official ABS says 65k jobs added Dec '25 and unemployment at 4.1%, but ignores Roy Morgan's real figures: 10.4% unemployed (1.67m people) plus 11.1% underemployed (1.79m), totaling 21.5% workforce misery. That "1.2m jobs under Labor" since May '22? Workforce grew 1.7m, employment only 1.25m, leaving 450k more unemployed amid population surge. "Earning more"? Wage growth stagnant per CBA data, barely keeping pace with inflation. Hiding behind limited replies won't change the facts. @JEChalmers
BREAKING: New numbers just released show 65,000 jobs were created last month, and unemployment fell. Unemployment is down again to 4.1% and 1.2 million jobs have now been created on our watch. Under Labor, more people are working, earning more and keeping more of what they earn.
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Don't be fooled, Australia—the only ones stonewalling a Royal Commission into the Bondi massacre and the rampant antisemitism that's poisoned our nation for the last 3.5 years are Albanese, his Labor cronies, and their puppet supporters. They're scrambling with every excuse, every deflection, every baseless attack to shove accountability under the rug, all while opting for a secretive internal review that won't touch their failures. This from the self-proclaimed "king of royal commissions," who as opposition leader blasted any PM dodging one as "avoiding accountability and hiding failures from the Australian public." Hypocrisy much? Labor's been laser-focused on pandering to key voting blocks in Western Sydney's Muslim communities to cling to power, turning a blind eye as antisemitism exploded—incidents quadrupled since October 7, 2023, with their weak responses fanning the flames. Meanwhile, high-ranking voices across the board—former PMs like Scott Morrison, business titans (over 130 including ex-RBA governors Philip Lowe and Glenn Stevens), sports legends (more than 60 like Ian Thorpe and Michael Clarke), rabbis, and even Labor backbenchers—are demanding a full federal Royal Commission for national security, to prevent this horror repeating, and as the bare minimum for grieving families, including that of a 10-year-old victim. Aussies on X are flooding the platform echoing the call and slamming Albo's cowardice. And let's not forget: this weak failure had to shutter his own electorate office because he couldn't guarantee staff safety from protesters—who even hassled families at funerals in the church next door. Only a spineless leader appeasing those same voting blocks would let it get that bad. Australia needs answers, not a PM dodging accountability for his endless lies and failures. Call the Royal Commission now, Albo—or step aside.
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Oh look, the Labor puppets are out in force, screeching 'move on, nothing to see' while Albo hides behind a toothless 'review' instead of a proper Commonwealth Royal Commission into the Bondi Beach massacre – Australia's worst terror attack ever. Remember when Albanese & co demanded royal commissions left and right on Morrison, screaming that refusing one meant 'hiding something' and dodging accountability? Robodebt? Aged care? Veteran suicides? They couldn't shut up about transparency. But now, when it's THEIR watch – intelligence failures, skyrocketing antisemitism ignored, warnings missed – suddenly royal commissions 'take too long' and might 'platform bad voices'. Pathetic cowardice. Victims' families, Jewish community, even some Labor MPs begging for answers, but these spineless hacks defend the indefensible. Pure hypocrisy from a failing, corrupt government terrified of the truth. Australians deserve better than this gutless cover-up. #RoyalCommissionNow #BondiMassacre #LaborHypocrisy"
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Can’t respond if you block me weak puppet.. @AJGardineresq Oh, brilliant deflection, champ—because nothing says "addressing antisemitic terrorism" like sarcastically floating a Muslim ban and pretending gun control is the magic fix for radicals who'll use knives, cars, or bombs if firearms are off the table. Your smug strawman act is peak opportunistic hackery. Try harder.
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@ashkas Sorry original poster blocked me - so I cannot reply on that thread.. I am aware of our birth rate.. however if the government is aware we have a supply shortage till 2029. Wouldn’t the right thing to do is pause immigration till supply catches up? All Aussie are getting screwed by mass immigration including the First Nation ppl and the immigrants who helped build our nation.. See below:
According to the Albanese governments own National Housing Supply and Affordability Council, the housing deficit will worsen every year until at least 2029. This should be a scandal, millions of people are being collectively thrown under the bus.
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Remember when Albo promised "honesty and transparency" in 2022, vowing to end the pork-barreling and spin? What utter hypocrisy! Now, Labor's peddling propaganda about their renewables revolution turning Australia into a "clean energy superpower," while Chris Bowen, the hi-vis hypocrite, poses for photo-ops at doomed projects like they're goldmines. But behind the greenwashing? A trail of epic failures, with rough estimates pegging wasted taxpayer dollars at hundreds of millions to over $1 billion in unreturned funds from bungled schemes alone—think $115M flushed on Origin's Hunter Valley hydrogen flop, $593M scrapped in Whyalla's hydrogen pipe dream (reallocated to a $2.4B bailout circus), $224M sunk into Sun Cable's collapse, $103M down the drain on ATCO's WA disaster (only partial returns), and that's before Fortescue's Gladstone fiasco, Energy Renaissance's $750k battery bust, and the multi-billion Central Queensland hydrogen evaporation. We never hear a whisper from Labor about these catastrophes—just more taxpayer-funded ads and slogans. Power bills skyrocket, industries crumble, and families suffer, all while Albo and Bowen hide the wreckage. How can anyone trust a single claim from these deceitful dreamers? Their "future" is a black hole for our money—scrap the subsidies, ditch the delusions, and give Aussies real, reliable energy! @AlboMP
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Labor politicians patting themselves on the back for today's RBA rate cut? What a joke! They've failed spectacularly on every front: skyrocketing housing costs, crushing cost of living, sky-high electricity bills, rampant crime, and a child care crisis that's leaving families in the lurch. Life's only gotten harder under their disastrous policies. Just last month, these hypocrites blamed the RBA for not slashing rates—now they're claiming victory? Everything's more expensive, yet this weak government grabs credit for any scrap of good news while dodging accountability like pros. Pathetic! #LaborFailures #AussieStruggle
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Undeniable proof @kevinbonham has zero care for Australia, Australians or the environment. Got very upset and triggered when you add facts and data to his propaganda post about one nation. So much so he had to block anyone that does not agree with his narrative . Just like Simon Holmes court - just a weak little boy… Anyone who is pushing government propaganda is the problem.
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@kevinbonham is the definition of a weak little man… with a very fragile ego.. it comical he gets upset and triggered if any narrative but his own agevda is mentioned on his threads. So needs to block everyone, so he can pretend people agree with his bias trash., what a joke - sounds like a heartless parasite dictator… on a social media platform If weak little boys like @kevinbonham get upset, triggered and hurt with facts and data, that don’t agree with their narrative perhaps they should rethink being on social media.. Thanks for the comedy little weak boy @kevinbonham
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@kevinbonham the hypocrisy that you block me so I can’t reply on your posts.. but you still comment on mine.. Weak
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@clearticulation - what a parasite on Australia- pretends to care about Australian wildlife, like Our Koalas.. yet happily supports the biggest destruction to their habitat: the renewables agenda.. takes effort to be so blind and happily supporting the destruction of the Australian environment and wildlife because the renewables investors told you what to think…
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