A Victorian Investor’s Lament (A Ballad in B Minor)

Cry havoc! The tyranny is here!
The state, in its wisdom, dared to tax my land.
Not just the one house, but the three… or four… spread far and near.
A bill! A statement! How dare they make a stand?

So I’ve packed my portfolios, tears upon my cheek,
Fleeing north and west, a tragic, noble flight.
To friendlier shores where coffers stay unique,
And negative gearing is a sacred, hallowed right.

But weep for Victoria! A paradise soon lost!
For who will house the renters? (At a tidy sum, of course?)
It won’t be us! We’re recklessly embossed
By the greedy, grubby first-home buyer, that new, predatory force.

Yes, they’ll live in them. The sheer audacity!
Planting gardens, paying mortgages, a truly bleak affair.
While we, the prudent, driven out by land tax lunacy,
Must simply find new states to gently… well, invest in there.

And when the rental crisis deepens (as it surely, sadly will),
Remember who they chased away with pen and paper blunt.
The saviours with a spreadsheet, who performed a public till—
Now replaced by folks who want a home. The economic runt.

#ausproperty #vicvotes #victoria
#VictorianExodus #LandTaxLunacy #InvestorsInMourning #RentersWillPay (We Promise) #FirstHomeBuyerGreed #QLDLovesMyMoney #SurvivalMode #ItsNotAnAirbnbItsACryForHelp #PropertyFeels

https://www.youtube.com/watch?v=IuIg1MKkp6Q

In Werribee, Labor leads the Liberals by 50.6–49.4, a 10.4% swing to the Liberals since 2022. Liberals (up 3.7%), Labor (down 16.7%), independent Paul Hopper (up 8.8%) Greens (up 0.7%) Victorian Socialists (up 3.7%) #springst #VicVotes #auspol theconversation.com/victorian-by...

Victorian byelections: Liberal...

Want to know how conservative NSW is? ABC haven't even bothered to get a Green on, unlike during #VICVotes. #NSWVotes

Speers won't mention #VICVotes at all. Too frightening to NSW Libs #NSWVotes

Liberal strategist Tony Barry, the dude who had zero fucks to give on the #VicVotes broadcast, is back for #NSWVotes

Normally the fare rise for 1st January would have been announced by now.
Fair enough the decision may have been delayed by the #VicVotes state election, but given it's usually based on CPI (and inflation has been high this year) I wouldn't be surprised if they are trying to bury the announcement during the Christmas period.
#Melbourne #Victoria #SpringSt #PublicTransport #TakingOutTheTrash

This is interesting, The Age has a tool that allows you to search on specific polling booth results at the recent state election. I’ve attached a screenshot of the booth I voted at in North Melbourne, looks pretty leftie! :)
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Find out how your neighbours voted in the Victorian election - and the suburbs that swung https://www.theage.com.au/politics/victoria/find-out-how-your-neighbours-voted-in-the-victorian-election-and-the-suburbs-that-swung-20221220-p5c7ti.html

#VicPol #VicVotes #SpringSt #Politics #Victoria #Australia

Today's blog post is about the Victorian Legislative Council, and how different electoral systems would have produced different seat results. It's a follow-up to a number of posts I did before the election based on 2018 data.

https://www.tallyroom.com.au/50522

#VicVotes

Today's blog post looks at the dropping vote for the major parties at #VicVotes and how that has led to the most disproportional (lower house) result in >50 years. https://www.tallyroom.com.au/50513

One problem with proportional representation is that very minor parties get seats, as we see with the upper house results from the recent Vic election, with the Cannabis Party getting 2 seats and Pauline Hanson's One Nation getting 1. As opposed to the Greens getting 4. #vicvotes #vicpol

So in Victoria’s upper house, the result for parties on the left is:

Labor 15
Greens 4
Legalise Cannabis 2
Animal Welfare 1

That’s a majority, with one to spare. The Liberal/National coalition won 14 seats, and there were 4 other seats each going to a different right-wing party (One Nation, DLP, LDP, Shooters Fishers & Farmers).

#SpringSt #VicVotes #VicPol #Victoria #Australia

Very pleased with this, as Victoria's rotten group voting system in the upper house has disadvantaged the Greens in the past. 4 seats won out of 40 is fair, given the party's roughly 10% first preference vote.
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Greens claim four upper house seats: Electoral commission confirms results https://www.theage.com.au/politics/victoria/renee-heath-wins-seat-electoral-commission-confirms-upper-house-mps-20221212-p5c5ld.html

#VicVotes #SpringSt #Victoria #Australia #VicPol