The impact of Immigration

[facthunter]

 it would be different if he was seizing deposited money. Nev

[onetrack]

13 hours ago, old man emu said:

But how does a seller deposit hundreds of thousands of dollars in cash into a bank account. Here in NSW deposits of $10,000+ in cash must be documented. I remember having to do so when I was a cop and was depositing seized drug money at my local bank into the holding account that the police had.

As I said, there's currently no requirement for real estate agents, solicitors or conveyancers in the real estate business to meet the reporting requirements under AUSTRAC money laundering laws.

 

However, typical of Govts shutting the stable door after the horse has bolted - all of the above people will be obliged to fall into line with everyone else under the cash money reporting requirements, starting 1st July 2026.

 

QUOTE:

 

"Tranche 2 reporting entities are businesses in "gatekeeper" professions - specifically real estate professionals, lawyers, accountants, conveyancers, and trust/company service providers - that will be required to comply with Australia's Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) Act. These new obligations take effect from 1 July 2026, requiring them to register, conduct due diligence, and report suspicious activities to AUSTRAC."

[randomx]

On 28/04/2026 at 10:18 AM, Marty_d said:

No. It doesn't. There are a heap of factors that go into house prices including supply, number of tradies, planning rules, land zoning, capital gains discounts, short term holiday houses (Airbnb), etc.

Again - looking for a simple solution to a complex problem.

 

Contradicting it all right there mate.

That's all why we don't need another 21/2 mill in migration.

What do you THINK, that's done to all those other troubles.

But anywayyyy, whatever.

As l said somewhere, just look at the massive improvement in Canada's situation, go on go study that and others too, since they cut immigration.

And as l said before to, then just look at troubles countries all over the world are having, us included , bc of mass immigration.

You don't have to argue away here does nothing mate- zilch, that's why l don't waste my time on it.

Go look at the facts, it's "very" simple stuff man.

 

 

 

 

Edited April 29 by randomx

[facthunter]

I suggest our rate of immigration is about right. The reserve Bank wants more unemployment than we Have. We might even want more  workers..  Nev

[randomx]

Yeah think she's about as bright as Albo n sidekick that one. Fancy putting rates up right now and they reckon 2mre to come.

We have the second highest debt to wage in the world, 2nd highest housing and montages,l think 2nd in costs of living too, now fuel and through to everything else from that plus more rate rises. 

Think a lot of people round here have had their houses 30-40yrs, have no teen kids, early 20s, and nothing to worry about.

 

 

 

 

 

 

[old man emu]

As ironic as it seems in a country with the land area of Australia, but unlimited immigration can lead to over-population. I don't mean that it could lead to the population densities seen in countries like India and China. I mean that in localised areas such as our metropolitan areas. I mean that it could lead to the inability of an area to support that population.

 

The first thing I think of is water supply. I see the growth of residential areas in the Sydney Metropolitan Area, and I see the possibilities for water supply for those areas. The major storage facility is Warragamba Dam. Our climate is one of somewhat irregular rainfall. I have seen this dam overflow, and I have also seen its water level drop a great deal. Already the height of the dam wall has been raised above its original design height. There are no other sites for dams because any dam would hold back water flow into Warragamba. 

 

The water supply problem exists all along the east coast and the inland. The 48 States of the USA, which cover the same area as Australia, can support their populations because the land has abundant water throughout. Similarly for Europe. This continent has been inhabited for 50,000+ years. Why wouldn't it have produced a similar population size to other places? Simply beause the lack of water meant that the inhabitants did not have any time after attending to mere survival to develop the civilisations the developed elsewhere.

 

It immigration continues unabated, Australia will not be able to provide the essential need for survival - water. If that happens, we have over-population.

[onetrack]

Perth would have only reached two-thirds of its current population level is we had to rely on groundwater and rainfall for water. We ran short of adequate amounts of drinking water around 15 years ago.

As a result, two desalination plants have been installed, utilising our plentiful natural gas supply and a cleverly designed membrane, and those two desalination plants now supply around 35% to 40% of the drinking water for Perth.

There are many country towns in W.A. facing a similar problem, and during drought periods, water has had to be trucked into some towns in W.A. that ran out of drinking water supplies. 

We live on the edge on this planet, at the best of times. Natural disasters such as extended droughts, massive storms, and earthquakes, have often decimated population centres.