#NASDAQ:AAPL Tim Cook admits ‘we constantly ask ourselves’ whether Apple should pull ads from Twitter

#NASDAQ:AAPL Apple Says 128GB iPhone 15 Pro Limited to 1080p ProRes Video Recording Unless External Storage Connected

#NASDAQ:AAPL IOS 17 Launching Tomorrow for iPhones With These 10 New Features

#NASDAQ:AAPL Apple Store Down Ahead of iPhone 15 Pre-Orders

#NASDAQ:AAPL IPhone 15 Models Feature New Setting to Strictly Prevent Charging Beyond 80%

Is it not a bit hypocritical Aussies are anti-immigration but are willing to move to another country to live an "easier and cheaper life?" - Basically what the title says. There are many people around the world who want to migrate to Australia to live a better life just as ... See More so many Aussies who want to move aboard for a life that is easier for them mentally and financially. Are you willing to learn the language and try to engage and respect the culture of the foreign country you wish to move to with the same standards you hold for people trying to flock to Australia? Don't worry, I'm well aware of the cost of living and housing issues we face, it's not uniquely an Australian problem.

Is it normal to pay this much tax? - Hi, I just started a new job with a salary of 85k + super. Gross pay is ~7k a month. After taxes it comes down to ~5k. I do have HECS debt and they are aware of it. Is this normal ... See More or did I stuff up one of the forms??

Repeat after me: building any new homes reduces housing costs for all

Why is government allowing mass immigration when we are in a housing crisis ?? - What is the economic reasons behind not blocking the mass immigration to ease on housing shortage ?

Landlords are not 'mums and dads'

Saying no to doing expensive things with friends -
I have a lot of friends from very wealthy backgrounds (result of going to boarding school and Ag Uni). I am defiantly not from a wealthy background, however my parents worked hard to get my siblings and I through boarding school ... See More in rural WA. I love my friends and they don’t gloat but I’m finding it frustrating when I decline expensive activities and they come back with “come on you only live once”. Sorry but I know you have a family business/farm to fall back on and are getting your house deposit funded etc, some of us can’t do this. Obviously I can’t say that and they do work hard in their own careers but they have that security of their future behind them through family wealth and really don’t know how the other half live. No fault of theirs either it’s just luck of the draw and good on their families for working to get to that position.

Victoria signs off on new Airbnb levy - should the rest of Australia follow suit and jack up the prices?

The economic explainer for people who ask (every week) why migration exists amid a housing shortage. TL;DR 100,000 migrants are worth $7.1bn in new tax receipts and $24bn in GDP growth.. - **First of all, the fed government controls migration**.


Immigration is a hedge against recession, a hedge against an ... See More aging population, and a hedge against a declining tax base in the face of growing expenditures on aged care, medicare and, more recently, NDIS. It's a near-constant number to reflect those three economic realities. Aging pop. Declining Tax base. Increased Expenditure. And a hedge against recession.


Yeah, but how?


If you look at each migrant as $60,000 (median migrant salary) with a 4x economic multiplier (money churns through the Australian economy 4x). They're worth $240k to the economy each. The ABS says Australia has a 29.6% taxation percentage on GDP, so each migrant is worth about ($240k \* .296) $71,000 in tax to spend on services. So 100,000 migrants are worth $7.1bn in new tax receipts and $24bn in GDP growth.

​

**However, state governments control housing.**


s51 Australian Consitution does not give powers to the Federal government to legislate over housing. So it falls on the states. It has been that way since the dawn of Federation.

State govs should follow the economic realities above by allowing more density, fast-tracking development at the council level, blocking nimbyism, allowing houseboats, allowing trailer park permanent living, and rezoning outer areas.

State govs don't (They passively make things worse, but that's a story for another post).


**Any and all ire should be directed at State governments.**

Financially ruined? Can we fix this? - I will try to keep this as short as I can.

40yr female and partner is 39.
Husband works full time earning approx 90k
I’m part time earning 25k plus caring for our son who will be in school in 2 years time.

We ... See More both grew up in social housing, no real work ethic or any real idea of how to handle money. Please note. This is not an excuse just setting the scene.

From the age of about 25 we have made terrible financial choices due to problem gambling and drug addiction.

We are now both in treatment for this and are seeking professional help. Looking to start to put together our life again.

As a result over the last 15yrs we had been taking out loans we couldn’t afford, pay day loans etc we have defaulted on many of these. Even afterpay, klarna all those buy now pay later companies.

My credit score is terrible at 300, hubbys is worse at less than 200. We don’t own a home.

Our goal is to pay off our creditors, increase our credit score (can’t even get electricity in our name) and eventually purchase a small home we can afford.

The issue is, we have moved houses so many times and changed phone numbers that we have lost track of who and how much we actually owe.

What should our next steps be?

Should we get a copy of our credit reports from all the credit reporting bodies? And one by one go through and contact the creditors to organise a payment plan? I would suspect a lot of the debt would be nearing 5 years old, but I still want to do my best to pay them back. A lot of the debt has been sold to Credit Corp.

Please hold any harsh judgments. I know we have been irresponsible and we are trying our best to rectify and make amends.

I would estimate the debt to be about 40k in unsecured loans/pay day/credit cards.

Thanks for reading this far

EDITED TO ADD - I’ve just checked my report from equifax and a considerable amount of the debt on there says ‘DATE OF DELETION DEC 23 and JAN 24’
What does this mean? Is the debt sold to someone else?

#BTCUSD What are your thoughts on This?