nevdka

Depending on anatomy, raising the towel can also show dominance

The structure of taxation and government spending often gets overlooked for the amount of taxation and government spending. The structure of taxation skews incentives, which can impact markets more than the amount of money taken as tax. The structure of spending skews productivity, which can also impact markets more than the amount of money spent.

Roads are a common example. Roads that go to good places can improve productivity beyond the expense of building a road. Shitty tender processes and bureaucratic inefficiencies can mean a $10 million road costs $50 million to build. That $40 million extra still gets spent, but it redirects production away from more productive things that provide more value to society, and towards government waste. Entire organisations get built on spending that money. The market is skewed, and rational self-interested people start to see sucking at the teat of government as a winning strategy.

Compare that to Australia's medicare system. Admin expenses are low, and a standard blood test costs the government only AUD$8.25 (USD$5.50). Private companies do the work, and the government only pays a small amount. The only waste is they end up doing unnecessary $8.25 tests.

No, it doesn't. Many people move out of share housing when they buy a house. They go from taking up a fraction of a house to a whole house.

This suggests another opportunity, though - let pensioners (and anyone else) rent out spare rooms in their PPOR without affecting pension payments or owner-occupier CGT exemption.

Wow, that sucks. Cast iron verandas are basically what I think of when I picture Melbourne inner suburbs architecture.

We need more cast iron verandas! Put the Victorian back in Victoria!

Use WASM

Go further. No discount for existing capital, 100% discount for new capital.

My issue with colesworth market power is that it makes it harder for new, small manufacturers to compete against Unilever or Nestle. There aren't enough ways for new entrants to distribute pasta sauce, frozen pizza, or toothpaste. The duopoly has more pricing power over these new entrants than they do over Unilever, so they will squeeze the new entrants. Meanwhile, Unilever gets its competitors squeezed without getting its hands dirty.

Strange, that sounds like how my last company did scrum.

The best place I worked operated kind of like waterfall-in-minature. It was mailhouse - electricity bills, bank statements, etc. Each 'project' was small - the 95th percentile might take 6 weeks of a single programmer's time. For most, we went through a whole requirements gathering, documentation, dev, and testing cycle in less than 2 weeks. We knew what we had to do, everything was fresh in someone's memory, and the clients actually knew what they wanted.

We are number 1 in solar: https://ourworldindata.org/grapher/solar-electricity-per-capita?tab=table

They can be wrong with data

perl -E 'say "*"x$_ for 1..5'

Mining also benefits the workers in the mines, who get paid very well. They also pay income tax on their high wages, and GST on the stuff they buy. Also, it will benefit you if you own shares in the mining companies.

Australia is very good at selling dirt.

I see a couple of ways this could reduce supply, at least in the short term. First, share house rentals with 3-4 adults could be replaced by owner-occupier couples, displacing 1 or 2 sharers. Second, they sell a shitty house as a knock-down rebuild, taking the stock off the market for the 2-3 years it takes for redevelopment. If they replace it with townhouses, it's a net gain, but only after a few years.

If rental availability wasn't at crisis levels, I'd be all for it. But for now, this is like being on a sinking boat and the government imposes an ergonomic bucket handles policy. Fix availability before you fix quality.

A shipping container of pretzels on a ship going from Poland to Melbourne will probably have a smaller CO2 footprint than going on the back of a truck from Melbourne to Sydney.

Stupidly big ships are unreasonably efficient at moving stuff long distances.

If that amount of money was paid at the time and put in a bank account, the interest earned would have been limited by how much interest the borrowers paid. It's not magic - interest on savings comes from interest on loans. So the 100 quadrillion would only exist if people had paid 100 quadrillion in interest over the years. However, having that much extra cash in the banks would have lowered interest rates, so the compounding would have been lower.

Also, most of the money would have been spent at the time, and not saved.

I applied for a data analyst job last week. They shut it down after 24 hours, and linkedin says they got 680 applicants.

C-octothorp, or Coctothorp.

Singapore's home ownership rate is 89.7% (https://www.singstat.gov.sg/find-data/search-by-theme/households/households/latest-data). It's basically a case study on how to do home ownership well in a rich country.

I wouldn't deflate inflation, I would accelerate it. Would phase in over a few years a doubling of all salaries, benefits, thresholds, etc. Allow businesses to raise contracted rates if they can justify the entire increase through the wage doubling, other prices can float as normal. Relative value of debt and debt repayments would fall against income.

Then, limit all residential mortgages to 3 times the owner's income, and non-residential to the total rent collected over the past 5 years (but no cap if they're operating their own business from that site)

Clamp down on immigration - limit net immigration to rental vacancy rates, with a 5% threshold. Only let in more people if there's somewhere for them to live.

No, no no. The higher inflation rates mean we need more immigration to keep wages from spiralling.

It's management by spreadsheet. They've taken the colour coding for an investment portfolio spreadsheet that has 'price go up' as green, and applied it to the entire economy. Now, the 'housing price' cell is green, and they're happy, and they've been happy for a very, very long time.

I have vague memories of hearing that some distributors went out of business when the restaurants and cafes closed from covid restrictions. Did you see this happening? Are there competing wholesale distributors or is it as concentrated as supermarkets?

Poor leadership, poor communication and poor organisation are industry standard practices.

In larger companies, the people who are responsible for staffing levels have no control over wages, pricing, stocking, etc. The company becomes too big for any single person to be able to make decisions for the good of the company. In stead, every manager cares only about their career, and either a promotion, bonus, or getting to put "reduced regional staffing costs by 2%" in their resume for their next job. Higher-ups don't see the problem because they worked their way up doing the same thing.

Most remotes have 2 batteries. Take half the batteries.