Australian (ASX) Stock Market Forum

The state of the economy at the street level

most major sport sold out a couple of decades ago , i can entertain myself much cheaper and effectively

There is always winners and losers.

SANFL Chief Executive Officer Darren Chandler said that having a festival of footy for the next three years in South Australia would be a boon for the State’s economy and football in this State.
Mr Chandler said that having the opportunity to host Gather Round until 2026 would turbo charge all aspects of football right across the State, from participation to talent pathways to facilities funding.
 
State Governments should spend scarce dollars on police, health, education, transport and other essential services. Local government should focus on rubbish collection and potholes. Minority interests don't deserve special favours.
but , but ,but then almost no politician would be elected , very few could stand alone on their previous record , most survive by selling pipe-dreams of the future .

and you can't have the public too educated , they might realize the tangled mess they are in , distracted/indoctrinated at institutions is fine , just don't inspire thinking or understanding
 
but , but ,but then almost no politician would be elected , very few could stand alone on their previous record , most survive by selling pipe-dreams of the future .

and you can't have the public too educated , they might realize the tangled mess they are in , distracted/indoctrinated at institutions is fine , just don't inspire thinking or understanding
Exactly and I think it is a folly of the electorate demanding some sort of "vision" from their politicians.

We should be electing people that say, if you elect me I will leave you the fark alone to run your own affairs.

It is we the plebeians who will collectively fix things, not the damned government.
 
State Governments should spend scarce dollars on police, health, education, transport and other essential services. Local government should focus on rubbish collection and potholes. Minority interests don't deserve special favours.

What about social cohesion, prosperous society, economic growth for job creation, mental wellbeing? These are all things that individual corporations and business cannot coordinate, but government can and have for thousands of years. Hence the Greek and Roman colosseum & amphitheaters built by their governments.

The AFL Gather Round created 220,000 ticket sales, 60,000 people traveled from interstate. The benefits trickled down to smaller clubs where the AFL teams trained and people came out to watch and spend money in the canteen and bars, transport industry, stadium ticket sales, cafe and restaurants, accommodation, tourism, and so on.
 
Was in the city today for work for the first time in a little while.

PACKED.

* Public transport full, streets lined with office workers getting coffees and chatting
* at lunchtime when I went to get a kebab every cafe and food court full of people buying lunch, not a single depressing "reheated leftovers" container in sight in Martin Place or surrounds.
* after work went to Pepper Lunch for dinner and walked George St all the way from The Rocks to Central. Every bar, restaurant, all the streets: FULL. Everyone spending.

Strong urge to buy stocks.
 
Exactly and I think it is a folly of the electorate demanding some sort of "vision" from their politicians.

We should be electing people that say, if you elect me I will leave you the fark alone to run your own affairs.

It is we the plebeians who will collectively fix things, not the damned government.
well we have had a few politicians who can actually see a problem , understand the problem and have a feasible solution , and then argue the feasible solution should be implemented ( sure a little late , but solved effectively )

sadly we have had an abundance of politicians who even when they see a feasible solution , campaign and campaign dangling the solution as ' an election promise ' , take QLD's '100 year railway ' ( Brisbane to Redcliffe ) as a noteworthy example


those who are pedantic among us might point with glee that the railway still doesn't terminate in Redcliffe City , but an outer suburb of the Redcliffe Peninsula a little bit more than 'a pleasant stroll ' ( having had to walk there , although i strongly preferred cycling , several times )

those with geographical literacy might have asked why the rail connection wasn't made between Brisbane suburb Sandgate and Redicliffe ( City ) and enter a different rabbit hole ( they have built some car/truck bridges over the water-way , so a rail-line was not impossible )
 
Was in the city today for work for the first time in a little while.

PACKED.

* Public transport full, streets lined with office workers getting coffees and chatting
* at lunchtime when I went to get a kebab every cafe and food court full of people buying lunch, not a single depressing "reheated leftovers" container in sight in Martin Place or surrounds.
* after work went to Pepper Lunch for dinner and walked George St all the way from The Rocks to Central. Every bar, restaurant, all the streets: FULL. Everyone spending.

Strong urge to buy stocks.
I'm seeing the same thing, but no one in the shops buying consumer goods. It's just as cheap to eat out then buy food at woolies if you don't have kids.
 
probably ripples in the Property thread, too.:

This week South East Queensland developer Keylin deferred a $140 million apartment tower project in Brisbane’s Spring Hill till “market conditions support the feasible delivery of premium projects.”

The planning approvals were in place, and 80 per cent of the 121 apartments had been pre-sold – the deposits will be returned – but for Keylin it made no sense to proceed.

Australia’s construction sector remains unstable and, despite our best efforts and rigorous tender process, we have been unable to secure a contractor to deliver Oria,” says Keylin managing director Louis Cheung.

Significantly the project has not been abandoned, but deferred...
 
I will not complain as trying to sell, but isn't it pathetic to be in a country where there is a real rental crisis, the Feds are opening the floodgates on migrants while governments of all sorts are doing their upmost thru regulations and fees to prevent new buildings while gorgeing on extra rates fees mandatory licencing
 
I will not complain as trying to sell, but isn't it pathetic to be in a country where there is a real rental crisis, the Feds are opening the floodgates on migrants while governments of all sorts are doing their upmost thru regulations and fees to prevent new buildings while gorgeing on extra rates fees mandatory licencing
And this month our premier in Qld ensure more disincentive for landlord while giving up a much advertised move to create public housing in former student accommodation in Brisbane.
Can not do it as fire regulations are now making it impossible to live in places where people were happily living 20y ago.
So they will pile up 2 per beds or sleep in the parks ,their cars..so much safer isn't it so that a pen pusher can justify his her work in an obscure department by creating endless new rules so USSR...or Australia 2023
 
And this month our premier in Qld ensure more disincentive for landlord while giving up a much advertised move to create public housing in former student accommodation in Brisbane.
Can not do it as fire regulations are now making it impossible to live in places where people were happily living 20y ago.
So they will pile up 2 per beds or sleep in the parks ,their cars..so much safer isn't it so that a pen pusher can justify his her work in an obscure department by creating endless new rules so USSR...or Australia 2023
USSR provided free eduction at least
 
USSR provided free eduction at least
True and quality education as many Russian Jews now living in Israel propel the engineering and science there.
Probably better than the Chinese one where too much is on work hard and harder with much repeat more than thinking from what I could see..but at least they all have the bases and work hard
 
Visited a new craft brewery, four weeks old today. It took the young husband couple 3 years to open, all to do with setting up and meeting a keg full of red tape and regulations. The local council was very helpful, having to install fire fighting water systems and pushing through other requirements, but it all took time. The last straw was state government, a certain department had to inspect and sign off before a liquor licence could be granted, let’s say that the inspector was in no hurry. The owners had to spit the dummy and go over heads but it worked and they have opened a magnificent small business.

Not many could keep their dream alive for 3 years while negotiating red tape from multiple governments and departments, while paying bills.

This is what kills initiative and ingenuity in modern society.

Thank goodness for youth and determination. Congratulations to Rayma andTroy Dennis.

IMG_2624.jpeg
IMG_2623.jpeg
IMG_2627.jpeg
 
Visited a new craft brewery, four weeks old today. It took the young husband couple 3 years to open, all to do with setting up and meeting a keg full of red tape and regulations. The local council was very helpful, having to install fire fighting water systems and pushing through other requirements, but it all took time. The last straw was state government, a certain department had to inspect and sign off before a liquor licence could be granted, let’s say that the inspector was in no hurry. The owners had to spit the dummy and go over heads but it worked and they have opened a magnificent small business.

Not many could keep their dream alive for 3 years while negotiating red tape from multiple governments and departments, while paying bills.

This is what kills initiative and ingenuity in modern society.

Thank goodness for youth and determination. Congratulations to Rayma andTroy Dennis.

View attachment 156092
View attachment 156093
View attachment 156094
Wow 3 years of bureauocratic bull. Hope they really do well.
 
People seem to be spending all disposable income and living from pay to pay. However I'm not seeing it being spent on white goods, TV's, clothes etc.
Seems to be going on subscription services, restaurants, food, entertainment.

It was so busy in the local town on Thursday night and Saturday that every carpark was full with lines out the street. I've never seen it like that. Shops were basically empty, restaurants full, family entertainment busy.

Very weird mix. People just seem to be walking around.
 
People seem to be spending all disposable income and living from pay to pay. However I'm not seeing it being spent on white goods, TV's, clothes etc.
Seems to be going on subscription services, restaurants, food, entertainment.

It was so busy in the local town on Thursday night and Saturday that every carpark was full with lines out the street. I've never seen it like that. Shops were basically empty, restaurants full, family entertainment busy.

Very weird mix. People just seem to be walking around.
went to the local supermarket yesterday ( just a mid-size IGA ) shelves had big bare patches, some big jumps in prices in places , about average for that time of day customer-wise , spent my cash on new power adapters and power boards so i can move in stages

the rest of the strip malls still have empty shops , retail doesn't look to be improving in this suburb
 
Top