facthunter Posted April 28 Posted April 28 it would be different if he was seizing deposited money. Nev 1
onetrack Posted April 28 Posted April 28 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." 1 1
randomx Posted April 29 Posted April 29 (edited) 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 Posted April 29 Posted April 29 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 1
randomx Posted April 29 Posted April 29 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 Posted May 10 Posted May 10 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. 1
onetrack Posted May 10 Posted May 10 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.
Jerry_Atrick Posted 4 hours ago Author Posted 4 hours ago (edited) Just catching up on this thread. Apart from some misstated knowledge of the First Nations' which I will deal with later, there are three main threads of negative impact immigration. The first is the impact on the housing market and how it pushes up prices. The recent developments of tax changes have already seemed to knock that one on the head, but it is too early to determine if that is the case, and I will explain why in a second. But, as a rough and ready set of numbers, I got Google to give me the following in a table: So, what does it compare (all sourced from ABS data): Each year from 2000 to 2025 EOFY. The net migration into Australia The natural increase in the population (non-immigrants) Net dwelling additions to Australia - that means number of new dwellings built minus the number of those demolished. The average number of people per immigrant household The average number of people per non-immigrant household The new immigrant homes needed based on the number of immigrants divided by the average household size The new homes needed for non immigrant families The surplus or deficit of new dwellings built minus the sum of immigrant and non-immigrant houses required. This is rough and ready by any measure. For example, we don't take into account the number of bedrooms per new dwelling. But on this measure, only 6 of the 26 years there was a deficity in the number of new dwellings constructed versus the estimated new homes required across both the immigrant and non immgrant dwellings required. The biggest deficit was 77k homes in 2022-23, immediately after Covid. Pre-Covid, the biggest deficit was 7.5K. The biggest surplus was 142,500 dwellings in a year! With the exception of 2024-25, which ad a small surplus of 2,700 most years of surplus were well into the 10s of thousands. This is especially important because of the compounding effect. Every year, immigrants come, and then the next year some/many will have a baby or 2. That baby further increases the population. That is reflected in the domestic and not immigrant size and skews the figures at is is deemed one domestic person in the household of domestic population.. and increases the number of dwellings required according to the stats. These are two examples of statistical error, but the numbers of surpluses involved for the amount of years would indicate that the issue of immigration on housing in de minimis; or marginal at best. There goes that claim that immigration has a big impact on the housing costs. The second, on crime, it is hard to get stats. The reason why is because an immigrant is considered someone who is born overseas, and with young kids committing crimes, many may well be born in Australia and considered part of the domestic population. In addition, the ABS does not publish statistics by ethnic origin. So the best I could come up with is this from AI: It's not much, but it points to a debunking of the myths. My anecdotal observations in the UK is that crime, with the exception of hate crime, is linked more to socio-economic issues than specific ethinic backgrounds. But like Australia, the UK statistics Office doesn't publish such information, at least according to Google. The third is the dilution of Aussie culture ("traditional Australian"). This is a little too subjective for me; the behaviour of Aussies differs on socio-economic and location. Just look at Melbourne Football club members, for example. And if you think Aussies are laid back, well, they weren't compared to their UK cousins, at least pre Covid, that is for sure. But, that was my impression. And, they certainly don't or didn't swear anywhere near that of the Brit, nor did they drink anywhere near as much, either (NT excepted, I guess).. Again, that was my observation, which may be different to yours. But I get the feeling Aussies have this view of themselves as somehow unique.. My travels have busted that myth to me. However, I do get that people who have a vastly different culture and physical appearance can come across as not integrating with the local culture. There is a difference between people coming here and doing well, and people coming here, doing well, and integrating. But that does not mean they have to not wear what they want (Australia is about freedom of choice, right). Nor does it mean they need to fit into everything a "traditional Aussie" would do.. Many years ago, if you didn't smoke, you weren't Australian.. Despite the tobacco wars, there has been a big shift in attitudes to smoking, drinking, and I think those with massive muscly cars are considered either bogans or correcting for other deficiencies. I doubt much of this is the result of immigration., yet our cultural values have changed. Even marital rape is now illegal all over Australia since 1996 (though it was progressively made illegal from 1976). Think about it.. Marital rape was acceptable in modern Australia. Sometimes, it is good to have a cultural change. Edited 4 hours ago by Jerry_Atrick 1
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