Every week Van Badham and Ben Davison will do a rapid deep dive into the key news themes of the week. Join them for The Week on Wednesday.

Joined August 2020
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The latest #podcast is out now everywhere you get your podcasts! Or check out the bio. It’s about the drop in inflation, changes to mutual obligations & Chinese fish!
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Happy National Public Education Day!
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The latest @WeekOnWednesday #podcast is out now Van and I discuss inflation, wages, reforms to mutual obligations (something we’ve both experienced in the past) and good news about Chinese FISH! Wherever you get your podcasts.
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Today we celebrate National Public Education Day, a time to recognise the central role that public schools, preschools and TAFE institutes play in strengthening the social, economic and cultural fabric of our society. Read more: bit.ly/4wILksC
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Replying to @lesstenny
I’ve been telling everyone I know about this. It’s ridiculous to oppose these changes. My friend was upset about her family farm trust but I was able to sort her out after listening to clear, concise analysis here 👇@WeekOnWednesday podcasts.apple.com/au/podcas…
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Yes. There are three pods that i listen to on a regular basis and that is one of them.
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Everything anyone needs to know is clearly discussed in this episode of the @WeekOnWednesday with guest host Emma Dawson. For 98% of the population there is nothing to fear in this budget. The remaining 2% CAN afford to pay a little extra.
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A world class education for every child in every school, everywhere in Australia. That’s what @PublicSchoolsAU teachers campaigned for and it’s what our teachers won. Now Albo & Labor are delivering it to every child.
That's right, every single school. And it was a highlight to welcome one from my local community to Parliament House today. Enjoy the visit, Leichhardt Public School!
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Why is Murdoch’s NewsCorpse attacking tax reform? NewsCorpse is a real estate company NewsCorpse’s control of REA Group is worth about $13,750,000,000 That’s 65% of NewsCorpse’s total value The Australian, Herald Sun, Daily Tele & Courier Mail editors are running a company line
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You don’t have a trust There isn’t a secret trust that will come into being when your parents die Even if you have a few shares or bonds or “coins” you’re not going to make 20years worth of wages in 6 months You are part of the 95% Stop listening to the mouthpieces of Murdoch
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Proving once again that in Australia there is the Labor Party and the rest are just the “we’re not the Labor Party” grouping off to the right.
The end of the Menzies project. Our Financial Review MRP projects a new political future for this country. In 1944, Robert Menzies founded the Liberal Party. Two years earlier he had named its base, the “forgotten people”, the suburban middle class, the small businessman, the owner-occupier. With the Country Party, the Coalition that emerged would govern Australia for two-thirds of the next eight decades. Our latest RedBridge | Accent Research MRP, modelling all 150 seats, suggests that project is ending. If an election were held now: • Labor - 31% primary, 76 seats. A majority government. • One Nation - 28% primary, 53 seats. The Official Opposition. • Coalition - 21% primary, 12 seats. A rump. • Independents - 8 seats. • Greens, KAP, Centre Alliance - one seat. 62 seats change hands. The Coalition loses 37 to One Nation. Labor loses 16 to One Nation. The Coalition wins zero seats in Queensland, WA, SA or Tasmania. Who votes for whom now: Labor has become a bimodal coalition (two distinct voter populations rather than one). University-educated, professional inner-metro voters in Grayndler, Sydney, Melbourne, Brisbane, Perth, Adelaide. Plus the multicultural outer suburbs, Watson, Blaxland, Chifley, Calwell, Bruce, Fowler. Renters and mortgage-holders. Younger. Non-religious in the inner city, Muslim/Hindu/Buddhist/Orthodox/Catholic in the outer suburbs. Two populations, one vote. One Nation is now the party of the Anglo working class. Regional Queensland, regional NSW, regional Victoria, regional WA. Plus the outer-suburban mortgage belts of every capital, Lindsay, Hawke, Latrobe, Forde, Longman, Canning, Pearce. No university degree. Trades and blue-collar work. Protestant or no religion. English-only households. Mortgage stress and government payments. This is the Coalition’s old base, voting somewhere else. The Liberal Party is left with a small bucket of seats. Bradfield, Mitchell, Berowra, Cook. Menzies, Deakin, Aston, Goldstein, Flinders. Wannon. High-income, university-educated, Anglo, owner-occupier, 45 . The seats the teals didn’t take in 2022. And even there, the Liberals are surviving on preferences, not primaries. A caveat on the Melbourne eastern seats, Menzies, Deakin, Aston, Chisholm. The model may not fully capture the impact of the Chinese diaspora vote. Those seats are too close to call. The LNP wins zero seats in Queensland. The Nationals are projected to nearly be wiped out. This is what a decade of choices looks like. A decade of not representing people economically. A decade of finding new ways to offend the multicultural communities that used to be persuadable. A decade of assuming the regional and outer-suburban base would stay home no matter what. The base didn’t stick around for the self indulgence and it found another home. The Menzies project rested on a “forgotten people” who could see themselves represented by the Liberal Party. They no longer can. They’re voting One Nation. Labor wins this scenario. But the structural story is on the right of politics. The Coalition is no longer the Opposition. One Nation is. More details on the MRP can be accessed via the link below.
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Apparently One Nation’s Gas Tax is the tax WE pay to prop up gas exploration?!?
Trust Hanson with gas, when we know she’s owned 100% by Gina Reinhardt? Hanson's "gas tax" isn't what you think it is. Turns out, Hanson isn't taxing gas exports. She's getting us to subsidise the gas companies, and subsidise their failures - and they fail most of the time! Remember: she voted against a 25% gas export tax, which will only tax successful projects. We will not make a loss from that, and she opposed it in favour of getting us to pay for gas companies' exploration for gas. And guess who is just so happening to be getting into gas? @toiletpaperaus1
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Replying to @Ben_Davison1
Pay Gina for the privilege of breathing. No thanks. Prefer the Labor method.
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May 19
In one chart the budget is validated
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Population to housing isn’t a 1:1 relationship People have partners, kids, housemates, elderly parents The standard is 2.4 people per dwelling That means we’re building more than enough homes to meet the demand So what’s the barrier? CGT & Neg Gearing distorting valuations!
Fun facts: In the 15 years since September 2011, the number of dwellings has increased by 2.395 million. Population (natural & immigration) has increased by 5.292 million people. Assuming 2.4 people per dwelling (a conservative estimate) there has been "over building" of 190,000 dwellings. At 2.5 people per dwelling (the latest estimate) there has been over building totalling 279,000 dwellings.
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Some frenzied feedback on the below: The cookers hate facts - but here are a few: 1990: 60% of the population finished year 12 - now 80% ; 8% of the population had a uni degree - now 34% Female participation rate 52% - now 63% Inflation was 6.5% - now 4.1% Cash rate was 17% - now 4.35% Life expectancy was 76 years - now 85 years To name a few ... Is 2026 better than 1990? Of course it is.
1990: Poor levels of education, low female workforce participation, high inflation, high unemployment, high interest rates, low life expectancy, company tax rate 39%, top income tax scale of 47% came in at $50,000pa ... And the home ownership rate was only 1 ppt above where it is now. But those were the good old days.
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