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Two West Australian Builders go Bankrupt

#constructionapocalypse #housingcrash #heisesays
WA Housing Group and Individual Developments WA have both collapsed.


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  1. WHAT! worried about tax payers money?? Lost billionss on the PHANTOM subs. sending billions to give UKRAINE, THE MOST CORRUPT country in the world. The are even doing business with. HUNTER BIDEN. WOW,!
    Pay the builder to continue the work or it will cost a lot more to get another builder in. Ffs

  2. 8:00: The RBA should have realized by mid 2021, that 8 to 10 people where borrowing to their absolute loan serviceability limit, in order to out-compete each other, to secure a house in Brisbane. That's 8 to 10 offers for a given house for sale. Or more!
    And those offers were coming from people wounded from missing out on house after house after house.
    Either the RBA should have intervened, or APRA should have increased the buffer rate to 5%.

  3. The government and RBA need inflation as the only way to manage the national debt, but this also requires wages to rise to reap the magical fiscal drag tax increase without raising taxes. To date this has not really happened and political stress is rising – "hard working Australians " cannot afford beer, let alone food.

  4. As long as housing is seen as a commodity or ''investment'' relying on just market forces and a tax system that encourages and rewards speculation such as NG and the 2001 Capital Gains Tax discount nothing will ever change. Over 140 Federal MPs own at least 3 to 4 properties so they basically benefit from this rigged housing market while coming up with bandaid solutions such as first home buyers grants which is like pouring kerosene on the fire aka it just makes the existing market even more expensive

Arrest warrant issued

Arrest warrant issued!

Germany Green Lights the Tanks

Germany Green-Lights the Tanks