Vaucluse Residents Realization that OVERDEVELOPMENT is about to come home to roost!

SO why is it that these Vaucluse candidates propose that Sydney’s eastern suburbs should be different from other burbs across Sydney – those ‘others’ punished with more and ever more higher density housing?

YET so many candidates including these for Vaucluse claim to support development when appropriate?

WOULD this have somethin’ to do with locals and their real estate portfolios? …

AND why they reside in Vaucluse & surrounds?

HOW come our ‘local environment plans’ that set the controls for building height etc are eroded by developers?

WHY is it our new LABOR Federal Government has put the States on notice to help build 1 MILLION HOMES by 2030?

IS it because over the past decade of the LIBERAL COALITION that Australia sold its HOMES to FOREIGN BUYERS?

AND to local INVESTORS with Real Estate Portfolios creating a huge demand; diminishing SUPPLY … and cough … cough … pushing up house prices?

AND what this means is that those sellers/home owners are at the mercy of the rising market … to be priced out?

AS our families are locked out of HOME OWNERSHIP … forced to be lifelong tenants to investors … including foreign buyers … thanks to the policies of the liberal coalition … Search for earlier related reports.

READ MORE!

https://www.smh.com.au/national/nsw/overdevelopment-bludgeons-us-out-of-our-homes-say-residents-20230208-p5ciwi.html

THE QUESTION again is asked ‘Does Temporary Migration Hold Down Wages for Everyone’?

YES, obviously, it does with increased competition for jobs!

IT was the Howard Government that introduced TEMPORARY VISAS … for Workers and Students which replaced Australia’s Permanent Migration of 70,000 people annually

PRIOR to the PANDEMIC there were 2.3 MILLION VISA HOLDERS of which 1.6 MILLION were VISA WORKERS in AUSTRALIA!

… willing to work for slave rates and conditions …  with the goal of gaining Permanent Residency and a new life here …

THIS has led to high unemployment and underemployment of Australians …

The one million Australians forgotten in the unemployment statistics

https://thenewdaily.com.au/finance/work/2019/10/17/unemployment-figures-marginally-attached-australia/

IT would seem that too many Employers are exploiting the desire of temporary migrants to come here to gain residency by working in jobs not linked to their qualifications but in cleaning, hospitality, and fruit picking for three or more years before gaining employment in their chosen vocation.

‘Since the borders shut in March last year, more than 500,000 temporary migrants have left the country,’

SO what did Employers do since the Pandemic?  It appears they have held out with few offering better wages and conditions, and continue to push for the return of high immigration of Visa Workers!   Alleging skilled worker gaps …

IT appears the lowest wages growth for more than 60 years … is being maintained!

These temporary and student permits (Visas) ‘make people more vulnerable to exploitation by employers’ because employers can threaten them with deportation or punishment so these temporary migrants can be underpaid in exploitative work!

‘This can go on to depress wages in that sector: something seen through large-scale wage theft and rip-offs in hospitality and the agricultural sector.’

READ MORE!

https://www.abc.net.au/news/2021-11-16/as-migration-restarts-does-it-hold-down-wages-for-everyone-/100620538

Can MultiCulturalism be a Tool to Manipulate Candidacy

CONTRARY to the 7.30 Report this evening, 27 September 2021 …

‘Senior Labor Party members in Fowler are furious about an outside candidate being “parachuted” into their electorate – but it’s not former premier KRISTINA KENEALLY …… because MS LE only moved into the electorate last year and still works outside it, the Herald can reveal.’

WHY didn’t 7.30 do more research on this matter? Perhaps it is beyond the management and 7.30 Journalists, and the question should be directed to those who pull the strings!

SHAME!

Because this SMH article was published on 26 September at 5.00 a.m. a day earlier than the 7.30 Report!

Is Multiculturalism all that it is cut out to be because it appears to cause more problems … with negative reports like tonight on 7.30 – it appears to be divisive and corrosive … and it seems it can be manipulated!

WHY not be ‘AUSTRALIAN’?

AS Australians we collectively have been manipulated particularly by the property sector for their gain

We AUSTRALIANS have lost much of our Colonial and Indigenous heritage, society, community, and environment – through OVERDEVELOPMENT of high density housing to accommodate their new and additional overseas buyers!

We had no say in this … no doubt due to political donations esp. to the LNP!

Migrants having come here in vast numbers in such a short time period, particularly since 2013 it appears, this too is being manipulated with demands for greater representation in our Parliaments … through reports like this on 7.30: 27 September 2021: ‘Parliament does not reflect culturally diverse Australia, says former Fowler hopeful Tu Le’ 7.30

Is Ms Le the ideal candidate, in any case, as it appears she is putting her personal ambition over and above her Party loyalty?

READ MORE!

https://www.smh.com.au/politics/nsw/also-a-parachuter-claims-that-candidate-who-missed-out-to-keneally-was-also-a-blow-in-20210923-p58ubj.html

Perrottet Plan to bring back International Students by end 2021

TREASURER Perrottet under the cover of Covid has been working on a plan to bring back international students.  He alleges ‘tens of thousands of people in NSW rely on the international student market for work’

AND that this would ‘also address the rising issue of labour shortages in the state’.   

JUST as the high unemployment and underemployment for Australians was beginning to turn around ….

CONTRARY to Perrottet we read a report that Australian job postings had rebounded to 17 September 2021 at 48.6% above their level on 1 February 2020, and are 1.9% below their peak!

So what now!~  FFS!

This alleged ‘rising issue of labour shortages’ has had nothing to do with businesses wanting to maintain low wages and long hours of slavery these overseas students were willing to undertake to gain a Permanent Resident Visa …

The Indian market of 1.3 Billion people happens to be one of the NSW Government’s top priorities, and despite ScOmO’s war on China Perrottet has been working on a strategy to bring back students from China and Nepal.

Commentators question what is being done to manage the transition of local students from high school to university?

And why are our Universities not adequately funded?  That places should be allocated for Australian students

And question why our Universities too are being treated like a business corporation

READ MORE!

https://www.smh.com.au/national/nsw/international-students-to-return-to-nsw-by-the-end-of-the-year-20210923-p58u93.html#comments

The Chest Puffing Announcement about the Acquisition of Nuclear-powered Submarines

Relations with China have changed much from Prime Minister Whitlam’s establishment of diplomatic relations in 1972, and the 1973 diplomatic trip that paved the way for rapid expansion. 

By 2008 Australia’s two-way trade with China was worth some $68Bn.

However, with the reign of Xi Jinping China has rapidly grown as a World Power …  yet it has taken the Liberal Coalition a long time to come to terms with this! 

In delaying action to address our reliance on the PRC as our major market!

We have in fact exported Australian businesses and jobs to the PRC … we have lost much of our manufacturing to China so that now we are in short supply of cars, building materials, and more … much of which are imported from China!

WHAT about the IRONY of the sell-out of Australia … that has accelerated since 2013?

The TROJAN HORSE of fly in and buy-up of our property from the great behemoth above, Singapore and Hong Kong?

When last we looked there have been no changes to the FIRB Ruling allowing developers to sell 100% of ‘new homes’ to foreign buyers esp. in China; this accelerated from 2013!

And the Morrison government ‘Under the Cover of Covid’ quietly began prioritising visas for ultra-wealthy foreign investors late last year’ (2020!!!)

READ MORE!

AND …

The LIBERAL COALITION has not introduced the second tranche of the Anti-Money Laundering Laws for the real estate gatekeepers.  In fact they were made exempt in October 2018!   So that ‘Black Money’ from China is awash in our Real Estate!

The Irony of all this is, we must make sure we can rely on our allies, the USA and UK for protection because we are so hopelessly backward with our military capabilities, it’s laughable.

As CROOK as this government is on every policy under the sun with a prime example such as the sell-out of our property – residential, commercial and agricultural to these foreigners …

And Australia’s economy is based on Housing rather than investing in green jobs, artificial intelligence and robotics like China and the United States, our wall of money is wasted on Real Estate!

AS said by Economist Yanis Varoufakis recently on ABC Q & A!

Now given the constant bullying and threats of sorts from the great behemoth above and beyond, so that when it comes to border control and hard-line security, the LNP make much of their stance now through the media that they are doing something … but at the Taxpayers expense

Who are buying this?

SO we must remind ourselves and others that the ScOmO government have not earnt another shot at winning the next election!

Following daily reports of rising Covid-19 victims and the everlasting lockdowns … with  loss of life for too many … enormous stress and strain for medical professionals, many Australians suffering Long Covid, businesses and livelihoods destroyed … the devastating impact of this may live on for decades. 

Why did ScOmO Government fail to order the Pfizer when documents reveal that Pfizer reached out in June 2020 for a meeting with federal Health Minister Greg Hunt, but he did not take up the invitation! Inadequate supplies slowed the rollout. This government failed to build quarantine stations hence the spread through the hotels, and the wider community!

Why did ScOmO seize on this AUKUS Pact with much media fanfareis there an election coming up?

On Tuesday, 14 September 2021 ScOmO greeted the media … it looks like they were all there …

‘G’day’ he said, and announced that the ‘relatively benign security environment’ is now behind us, and that Australia is now a party to a partnership with the United Kingdom and the United States to maintain peace, stability and security in this our region!’

Apart from this binding Australia to a US war on China … it has led to France recalling their diplomats from Australia … today we heard a news report that ScOmO talked with the French a day ahead of this announcement, and that allegedly there had been problems with the French submarines that had not been resolved.

WHO will foot the BILL to compensate the French, and Who will foot the bill for these very expensive nuclear submarines through this partnership with the US and the UK?

TAXPAYERS … not the wealthy investor class who eliminate taxation, but the pay as you earn taxpayer mugs

… who are looking to a future of life long tenancy … with very little prospects as they have insecure work and low wages …

This was all set in train with the policies of the Howard Government in the late 1990s and ScOmO counts the former prime minister John Howard as his political inspiration.

In the Abbott Coalition Government ScOmO was unflinching in the plan to “stop the boats”. With a policy of turning back boats that attempted to reach Australia. “If people seek to get here the wrong way, they won’t get here,” he said. 

YET foreign money launderers can fly in and buy our homes!  And gain a Permanent Resident Visa!!

There are too many other failures of this government to mention … as we are subject to this latest CHARADE!!!

READ MORE!

Yes, the Housing Market is Tooo Hot!

FROM the AFR:

‘HOUSING MARKET TOO HOT FOR RENOVATORS’ ….

Not just too hot for renovators to flip …

DAILY we hear reports that it is the very low interest rates and government grants that have pushed up house prices. TRUE!

AND the impact of Tax Benefits for investors of Negative Gearing and Capital Gains Tax … sadly the ‘Silent Majority’ who largely don’t benefit were spooked by the dirty 2019 Lib campaign … TRUE!

BUT we figure there is even more to it than that!

CONTEMPLATE the impact of … the Residential & Commercial Market Research companies (we won’t name them) but daily we hear reports from them that:

-house prices are rising daily; weekly; monthly; and predict also in early 2022

-the consequence of this is that sellers hold off! They want even more!

.this means the supply reduces and maintains the hike

COULD it be that meanwhile Real Estate Agents suggest to prospective sellers to hold off … that house prices are going to increase further, and that they (the agents) have enough listings currently …

THIS in turn means that if there is another hike following sales by these sellers … that they too may well be confronted with being priced out!

SADLY those who can still afford to buy are looking in a market that is largely made up of “Crap” … not only are they unaffordable, but many have termite damage up in the framing and roof timbers, concrete cancer in the slab, drainage and waterproofing issues, faulty electrical wiring, leaky roof …. and so on!

WHERE will all this end but in tragedy not only for purchasers who will later have to meet higher mortgage repayments and expensive restoration works, but sadly for a whole Cohort of Australians denied security of a home! To be life-long tenants!

IS that the Plan? What next for the Investor class? Could that be Build-to-Rent? It would seem through these price hikes they have a Whole Cohort of Australians captured; locked out of Home Ownership!

MEANWHILE the Liberal Coalition policies also remain in tact that allow foreign buyers to buy our housing and gain permanent residency, and to launder hot money too! The Morrison Government exempted the Real Estate Gatekeepers from the AML Laws in October 2018!

RELATED ARTICLES:

https://www.dailytelegraph.com.au/subscribe/news/1/?sourceCode=DTWEB_WRE170_a_GGL&dest=https%3A%2F%2Fwww.dailytelegraph.com.au%2Fnews%2Fproperty%2Foffshore-chinese-swarm-aussie-real-estate-as-prices-boom%2Fnews-story%2F99e1fd225c1b7f0378fdeb685fedc10f&memtype=anonymous&mode=premium


SEARCH OUR WEBSITE FOR MORE REPORTS ABOUT Anti-Money Laundering Laws, MONEY LAUNDERING, SECOND TRANCHE OF THE ANTI-MONEY LAUNDERING LAWS WITH REAL ESTATE GATEKEEPERS EXEMPT ….

From Sydney Criminal Lawyers A Follow Up on …

Teflon Gladys: Less Accountable Than Ever

11/09/2021 BY SONIA HICKEY

WHY has Gladys Berejiklian announced an abrupt end to the 11.00 a.m. Covid-19 presser?

The decision followed a journalist’s questions whether she is the subject of a corruption inquiry by ICAC – questions which she refused to answer, and many believe …

-that ICAC has now upped the ante in its investigation into her former boyfriend, Daryl Maguire

-documents reveal that she had dinner at Maguire’s Wagga Wagga home with a business associate he partnered with to run a cash-for-Visa scheme

.despite telling ICAC that she was ‘shocked’ to hear of the scam

questions remain about what she knew about Maguire’s business dealings; how much she turned a blind eye to, and in doing so whether she acted corruptly

ICAC has now issued S22 Orders to Berejiklian’s staff, other senior NSW ministerial offices and government departments

-ICAC investigators are focusing on a $5.5M grant awarded to a shooting association

Berejiklian’s office has also been implicated in a number of other corruption scandals over the past 18 months

-including her office shredding and deleting at least three documents concerning the distribution of $252M in Stronger Communities Fund grants: 95% allocated to councils in Coalition seats prior to the last State Election

-a significant question yet to be answered: why the Berejiklian/Maguire relationship was not formally declared under the NSW Ministerial Code of Conduct

-under the Cover of Covid focus has been drawn away from the corruption inquiries; ICAC reports it is determined to continue with its investigations

As a result, the Premier may still have important questions to answer, which could seriously damage her credibility in the eyes of both her party and the people of New South Wales.

READ MORE!

How come some Foreign Student enrolments grew in 2021 as we lost Biggest Market for Coal Barley and Seafood?

UTS began preparing for a worst-case scenario collapse between Australia and China having to assess the prospect of evacuating staff and the loss of $Ms in student fees!


The paper,
 “Distentanglement – UTS China activities worst case scenario”, was prepared by an internal China Working Group.

Stating “the most substantial challenge” would be faced by staff at risk of being detained in China and who would require repatriation.

HOW come International education has not been affected by the China/Australia trade stoush like that of coal, barley and seafood?

IS it because this is about People? 

-Chinese student commencements have increased almost 10 per cent in 2021

.currently online during the Lockdowns …

IS this because these students will gain a Permanent Resident Visa? … Not only can they attend out education institutions, but they can buy our real estate, and bring out family members on other Visas …. e.g. …. Family, Parent, Grandparent, and Guardian! 

It’s a bit like the Trojan Horse, isn’t it?

READ MORE!

Worst Case Scenario UTS Contingency Plans if Australia China Relationship collapses

https://www.smh.com.au/politics/federal/worst-case-scenario-uts-contingency-plans-if-australia-china-relationship-collapses-20210907-p58pkw.html

FACT SHEET … Under the Cover of Covid … Singapore has bought almost $20Bn Australian Real Estate

FACT SHEET …

-Singapore, 2nd largest buyer of our Real Estate; only trails the United States

-overshadowed China with investments from large developers, and sovereign wealth fund, GIC

-2 years to July 2020 Singaporeans bought $19.3Bn: Latest FIRB data  –

Foreign Investment Review Board Annual Report 2019-20 (firb.gov.au)

-Singaporeans spent $6.1Bn more than China over the 2 years

.with an economy 44 times smaller

George Chmiel, Chair of Juwai IQI on Singaporean Investment:

-doubled in last 3 years; led by institutional investors funding large-scale projects

-and individual *home buyers also active in Australian home markets*

-Singaporean developers are selling to Singaporean buyers

.e.g. Elements at Carousel, by Jean Yip Holdings, Perth with 60% Singapore buyers

-Singapore short flying distance from Australian capital cities

-property investment likely to rise further as travel reopens

-the Morrison Govt late 2020 quietly prioritised visas for UHNW for further home buying

-over the last 10 years China is the largest investor; spent some $126Bn since 2010

.Singapore spent around 44 cents on the dollar over the same period

SOURCE: Business Insider: ‘ Singapore has bought almost $20 billion worth of Australian real estate in the last two years, eclipsing China’

If Pay Ratios were Published it is said CEOs might be more generous to their Staff!

When this Adelaide resident heard that bosses of Australian firms earn many hundreds of times what workers do, it did not sit right with him! He has to work a number of casual, part-time jobs, and volunteer!

He said that it left him feeling disappointed and disillusioned with the system that has evolved!

He questioned how it was possible that such could be earned by any individual!

As a consequence of COVID-19 he said  …

“I’m in a very insecure world,” he said. “I think a lot of people are in my position.”

HOWEVER, will publishing CEO pay ratios be enough? A good start perhaps!

PRIOR to the late 1990s when Workers’ Pay and Conditions were undermined by the policy changes of the Howard Government, we enjoyed good wages and conditions that enabled us to live in our own homes, afford a motor vehicle or two, enjoy holidays and home comforts!

Our families, however now, may not even own a car, and they rent!   Into their 30s!

How did this Divide come about? 

The Howard Government introduced Temporary Migration of Visa holders including Visa workers to replace permanent migration of 70,000 per annum.

Prior to the Pandemic there were 2.3 MILLION Visa holders in Australia of which 1.6 MILLION were Visa workers … this led to high unemployment and underemployment of Australians! 

These overseas people were lured by the prospect not only of work, but gaining permanent residency as they accepted low rates of pay and poor working conditions.

HENCE THE GREAT DIVIDE TODAY!

JOIN A UNION TO RESTORE BETTER PAY AND CONDITIONS!

READ MORE ABOUT THE CEO PAY RATIO!

https://www.abc.net.au/news/2021-08-23/ceo-pay-ratio-the-small-number-that-could-change-a-lot/100215434