Labor Just Lost to One Nation, News Corp's Fake 30% Rent Rise Story & Coles' $1.25 Billion Profit + Labor LOSES to One Nation. + The TRUTH About Government Debt He KNOWS but Wont Tell You!
Labor Just Lost to One Nation, News Corp's Fake 30% Rent Rise Story & Coles' $1.25 Billion Profit
THE SCAM: On 17 August, News Corp's The Australian ran a story claiming rents could rise 30%, sourced to an NAB forecast. What the article left out: the NAB report explicitly said the projection assumed house prices stayed unchanged, and that a real adjustment would likely mean higher rents AND lower dwelling values, not one without the other. Leaving that qualifier out changes the entire story.
THE DAMAGE: The omission buried genuinely good housing news. Australia's negative gearing and capital gains tax reforms were doing exactly what Treasury predicted, cooling house price growth, which is a win for renters and first home buyers locked out of the market. Instead, readers were left fearing a rental crisis rather than understanding a policy actually working as intended.
THE COVER-UP: Rather than correct the record, The Australian doubled down, quoting a real estate economist whose industry profits when prices rise, then burying his own caveat on page five. Left unmentioned throughout: News Corp holds a stake in REA Group worth roughly 65% of its total market value, a direct financial interest in keeping property panic, and prices, high.
Punter Citations:
Cairns Post - NAB clarifies wild predictions of 30 per cent rent increases in Australia
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Labor LOSES to One Nation. Is It All My FAULT?!
THE SCAM: Labor ran Georgia Tree, a former Woodside lobbyist who'd worked for Resources Minister Madeleine King, as its candidate in the safe seat of Secret Harbour. Tree lived 60km outside the electorate, admitted on-air to being "pro-gas" and dodged questions about her Woodside ties, exposing a party seemingly more interested in protecting gas industry links than addressing local voter concerns.
THE DAMAGE: Labor suffered a heavy defeat to One Nation in a seat it should never lose. Rather than acknowledging the arrogance of preselecting a gas lobbyist, rusted-on Labor supporters online scapegoated Konrad and fellow commentator Jessi Noakes, accusing them of "smearing" Labor and indirectly aiding One Nation by refusing to explicitly endorse Greens or independents.
THE OUTCOME: Konrad rejects the blame, noting he never tells people how to vote and that One Nation, backed by gas billionaire Gina Rinehart, would be no better on gas policy anyway. He argues Labor's refusal to confront its own arrogance — preferring to attack critics — will keep pushing voters toward parties merely promising to be "different."
Punter citations
ABC - One Nation’s win in Secret Harbour by-election sending a message
The TRUTH About Government Debt He KNOWS but Wont Tell You!
THE SCAM: Politicians treat you like a grade-niner who can't tell the difference between a household budget and a sovereign currency issuer. Surplus is spun as virtuous, debt as reckless, when in reality debt just means money spent on hospitals, schools and services. Angus Taylor throws around 'a trillion dollars' of debt when net debt is actually around $537 billion — roughly 19-20% of GDP, low by global standards compared to the US, UK, Japan and Germany
THE DAMAGE: The IMF's 200-year, 55-country study found Australia's two most wasteful budget years in a century happened under Howard, who sat on surplus during a once-in-a-lifetime mining boom and handed out tax cuts to the wealthy instead of banking it in a sovereign wealth fund like Norway did. Those unaffordable tax cuts got baked into the system, driving deficits ever since — while both parties, but disproportionately the Coalition (roughly 70%), piled on national debt.
THE OUTCOME: Rather than naming actual programs, politicians keep debt a vague, scary boogeyman — because specifics like 'nurses' or 'teachers' are popular. Meanwhile the real playbook rolls on: gut public departments, then outsource to consultants at greater cost (Morrison's $20 billion consultant spree), setting up future privatisation of Medicare, hospitals and schools. The real question dodged is whether Liberals will raise taxes on corporations and royalties — or just keep cutting and selling off services.
Punter Citations:
Forbes - Does Australia have a debt problem? Not if you look closely at the figures
