Jai Parker
@jaiparker79
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I'm just here to talk economics | Opinions expressed are my own | Micah 6:8 ✝️
Brisbane, Australia
Joined February 2024
Investigating the 'bad old days' of fee paying higher education, which was relatively affordable - Studying computing for at QUT in 2024 is $9K/year for the HECS "contribution" - In 1973 fee paying era at QIT it was $197/year, which is $2206.81 adjusted for inflation.
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Tentative first post after family holiday in God's country (Melbourne feeling particularly cold today) "Sticky" inflation has remained above target after coming of its peak, but importantly for the RBA it is non-sticky inflation that has re-accelerated sharply, potentially
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Last night's piece for @abcnews (TV), in which I explain why education has a lot to do with housing affordability. https://t.co/ojiT1NTDT2
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Rumours with potential spoilers sweeties!!! See in comments below 👇
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Let's check back in February to see how much the 5% FHB scheme has helped investors. I expect the ALP (Albo's Landlord Party) will deliver for the landlord class again.
@jaiparker79 @DFA_Analyst may have some insight from his surveys. But unfortunately with the ABS home lending data now quarterly, we won't know what was going on in October until mid February. That being said, the RBA credit aggregates which measure stock of outstanding credit, not new
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$2000 student visa application fee failling to deter higher education applicants.
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@jaiparker79 The entire report takes the pro-high migration narrative and tears it to shreds in almost every possible way. From rentals, to household consumption, to the labour market, its coming up roses for migration cuts. https://t.co/Ig4GcyewkT
economics.td.com
Is the Dial-Back of Immigration Having the Intended Impact in Canada?
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This Labor Govt is appalling. They are the most secretive Govt ever, they’re spiteful and vindictive. Why Australia voted for this astounds me. The Albanese government has threatened to remove opposition MPs from senior committee positions in an extraordinary retaliation for
afr.com
Labor has threatened to remove opposition MPs from parliamentary committee roles after the Coalition and Greens supported a move to upend question time.
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SOME GOOD NEWS ON THE BUDGET (ONCE YOU GET PAST THE REPORTING RORTS …) Over the year to September the budget deficit was $17bn. Yet it was also $30bn. And it was $58bn as well. The $17bn deficit is the most reported figure – the cash underlying position. But that leaves
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@jaiparker79 I thought NOM was far too high and having too many downside impacts on the economy and living standards. But when I realized that we would reduce increase federal debt by 2.6 percentage points over the next decade by cutting migration to developed world norms per capita, I
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WHAT ARE WE WAITING FOR? ILLEGAL TOBACCO EDITION Coles announced today their tobacco sales are down 57% in the past year alone (h/t @shanewright) That drop has occurred even though tobacco prices are up by a tax-powered 12.9% across that same period, meaning the fall in the
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The NAB FX and economic outlook briefing I attended this morning:
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And a cheers to the investor we bought it off that hasn’t touched it since he bought in 2008 and will make 850k profit. With the cgt discount he will prob still make 650k. So $750 per week it’s made him after tax for 17 years for an unproductive asset he did no Maintenance on lol
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Interesting that consumer inflation expectations turned back upwards a few months ago despite inflation itself fading from the headlines.
Interesting dynamic from the consumer sentiment data, while cost of living might be fading as an issue in the media people are still expecting it to worsen. Inflation expectations have stopped falling and are now rising again. The consumer recovery is still very fragile.
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In Australia, there were fewer hours worked in the market sector in Q2 2025, than there were in Q2 2023. Yet in that time the working age population expanded by over 955,000 people. The weakness of the economy has been papered over for quite some time.
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Many have provided their insight today on the bad CPI numbers. Here's mine: The largest contributor to the bad number was housing - up 2.5% just for the quarter. If the next rate move is actually up, how ironic housing costs would drive this. Those who think surging migration
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Lured in by a 5% deposit backed by government and now it's looking increasingly as if there won't be any more interest rate relief. Feel for those FHB, that's why these policies are misguided they don't make housing affordable they enable people to enter the market at high prices
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This. Prices are set at the margin.
@peter_tulip do you even understand how prices are set in real estate Peter? If just a single foreign purchaser comes in & bids 20% above the market (usually with illicit funds e.g. China's USD 50k limit) then the entire post code is now automatically benchmarked at 20% higher prices
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@cmkusher You reckon Brisbane will get any new roads by 2050? I’m driving on ones identical to 30 years ago
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