
@MarkoMatvikovi
iAccount based inAustralia
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Casual commentator, qualified engineer, part-time builder, full-time developer.
Melbourne, Victoria
Joined December 2024
- Tweets33.5K
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- Followers9.8K
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Australia has a relatively small population.
We share no land borders and are protected by vast oceans.
We have abundant agricultural land, enormous natural resources, and some of the world’s most valuable exports.
We’ve enjoyed more than 80 years without war on our own soil and never experienced a civil war.
There is no reason poverty should be increasing in this country.
There is no reason the middle class should be shrinking.
There is no reason each generation shouldn’t have the opportunity to live better than the last.
Australia’s challenges aren’t the result of a lack of land, resources, wealth, or stability.
They are the result of political decisions.
And for too long, we’ve kept electing politicians who fail us.
A government should act swiftly on a negative trend.
Rather than hoping it goes away, only for it to become a crisis.
‘Rising debt is fine because it’s low compared to other countries’
‘Escalating crime isn’t a problem because it’s still relatively safe’
‘Productivity decline doesn’t matter because we’re still wealthy’
People care about where they’re going.
As they should.
Why should they accept declining living standards?
What’s a government’s job if not to improve lives?
That’s the difference between proactive government and what we’ve had for too long - a managerial class detached from ordinary life and unequipped to lead.
This is a time for governments at all levels in Australia to get real to save our future.
The cost of capital has been rising and global uncertainty growing.
So the agenda should be fiscal restraint and lifting productivity. This can coexist with targeted relief and tax cuts that grow the economy.
But spending is out of control, debt levels are unsustainable and productivity growth is going backwards.
The federal government recently pissed away $400bn in windfall revenue and the states have long been drunk on property taxes that still didn’t prevent them from racking up record debt.
Don’t let politicians tell you it’s okay because other countries look worse off.
That is not leadership.
This is a time for governments at all levels in Australia to get real to save our future.
The cost of capital has been rising and global uncertainty growing.
So the agenda should be fiscal restraint and lifting productivity. This can coexist with targeted relief and tax cuts that grow the economy.
But spending is out of control, debt levels are unsustainable and productivity growth is going backwards.
The federal government recently pissed away $400bn in windfall revenue and the states have long been drunk on property taxes that still didn’t prevent them from racking up record debt.
Don’t let politicians tell you it’s okay because other countries look worse off.
That is not leadership.
Why are bond yields so high?
1. This is global, not American. Ten-year yields are around 5.2% in the US, 5.4% in Australia and 5.5% in the UK. Germany has gone from negative to 3.5%. Japan from zero to above 3%.
2. Capital markets are global and interconnected. The price of capital is set internationally, with local adjustments on top.
3. The starting point was artificially low, thanks in large part to QE, the GFC and COVID.
4. The first leg was simple. In 2021-22, inflation came back and central banks tightened.
5. Then the AI gold rush. Roughly US$466 billion of AI-related debt was issued in the first nine months of 2026, and bonds are only part of the financing. That is a large new claim on the world’s saving (on top of ever more hungry governments).
6. Global uncertainty is also rising, particularly with the war in Iran and doubts over future supplies of crude and middle distillates.
7. There is also an American story, of ever-growing debt and deficits, sitting on top of the global one.
So part of the rise in yields may simply be a return towards normal. The odd thing is that we came to treat the yields of the 2010s as natural.
markthegraph.blogspot.com/20…
Marko Matvikov retweeted
Why is there so much hatred for small businesses in Australia- the public perception is that we're all multi-millionaires taking advantage of workers.
I've met very few small business owners who put themselves first. They're usually paid less than their staff and often take on personal debt to meet payroll. The govt and public treat them like they're public enemy no1 when they're actually propping up the economy and getting fucked over by employees, the govt, ATO and their customers.
I had many odd jobs before graduating (building labourer, industrial cleaner, picker & packer, nightshift factory worker, retail), but my first degree-related one was in a summer in a water authority.
Most of the people in my team were just waiting for retirement. They’d talk about how much they despised the organisation they worked decades for while embodying the toxic culture that bred that resentment.
I recall them taking calls from developers waiting months for approvals, who’d explain to them the impacts on the builders, subcontractors and homeowners waiting downstream of their inaction. And I recall them hanging up the phone angry that somebody had the gall to follow them up. One time I even heard the team leader say “bottom of the pile for you” because the person on the other end of the line dare question his work ethic.
But I was eager to put my engineering to good use. I didn’t specialise in software, but understood systems and thought that the software, hardware and processes that governed the way the team interfaced internally and externally was archaic, inefficient and plainly ineffective.
I took the initiative to get in touch with the ‘innovation’ team and worked for weeks with them on an entirely new system that didn’t rely on the legacy technology in place, reduced interface steps and slashed administration. One day my group manager told me not to pursue it because too many peoples’ jobs would be affected and I didn’t have the authority to implement change.
So I spent most of my time reading online articles – and ironically, trying to make the most of my very unproductive introduction to industry, came across Ayn Rand and absorbed myself in free market economics.
When I wasn’t asking for more tasks or filling the voids reading, I used the company cars to drive to sites to watch capital works construction. Sometimes I’d be told by my own colleagues not to visit their site (and I knew it was because they didn’t want anybody monitoring them).
Needless to say, it was a thoroughly disappointing and eye-opening experience.
I could see from those few months how organisations with poor leadership can expel the very people they need while incentivising the worst people to stay.
My first professional job after graduating university was in the Federal Department of Health.
I went in assuming that policy decisions would be based on the best available evidence & our job would be to summarise that evidence for the Minister. I was so naive! That's not how it works.
Bright young people whose only experience is in tech companies, non-profits &/or think tanks have no idea.
nitter.cf/ArtemisConsort/status/…
I can't take anyone seriously who argues against immigration reform on the basis of skills shortages without acknowledging that:
a) the current system is far from being targeted toward filling critical skills shortages; and
b) every single migrant adds to demand, thereby increasing the need for more labour.
Start there and maybe we can have a constructive conversation about better labour allocation, getting inflation under control, balancing housing supply and demand, boosting productivity and delivering higher living standards.
A woman randomly stabbed in the neck on a tram by a man on bail.
A teen on bail caught after a crime spree ending in a high speed chase.
A migrant rapist walks free because he doesn’t understand rape is not okay.
Victoria Police directed to go easy on young offenders.
An ISIS propagandist bailed so he can receive NDIS care.
Charges dropped in a fatal bashing because the law says the kid can’t know it’s wrong.
All in the last couple of days.
Every one of these is an ad for One Nation.
Rather than asking why One Nation is increasingly resonating with Australians - or holding the governments currently in charge to account for their failures - the response here is clown costumes and incoherent shouting.
To be fair, these young people have likely been fed ideological extremism by teachers and parents happy to sacrifice their wellbeing for political gain instead of teaching them to think critically and act rationally.
It’s no surprise to learn that the Omani pilot who tried to crash a plane full of people into Tel Aviv was radicalised in Australia.
UAE prosecutors say his drift into extremist ideology began in 2017 while studying in Melbourne - through extremist literature, online content, mosque visits, and contacts linked to a local Islamic centre.
Australia has long enabled this through poorly managed migration, weak assimilation expectations, and soft laws and enforcement efforts that let radical networks recruit both locals and arrivals.
Evidence includes the fact that at its peak, Australia produced more foreign ISIS fighters per capita than almost any other country (including many majority-Muslim ones).
And the same hate-preacher network linked to the Bondi Beach shooters is still operating today - the very people whom we know radicalised them are still walking free.
Useful idiots.
It’s one thing to be incompetent, another to be ignorant and yet another to be complicit.
Unfortunately, for too long we’ve had politicians that tick all three boxes at the expense of national safety and unity.
This is utter nonsense.
I get most of my news from the ABC and have voted Labor more than I have Liberal - and I think his performance is abysmal.
The more he tries to blame others for his failures, the more I see him as a pathetic excuse for a leader.
Most people aren’t engaged in politics - but everybody feels when they’re getting poorer, their efforts aren’t being rewarded and their opportunities are drying up.
Maybe if he focused more on outcomes, he’d care less about what the right-wing meanies online are saying about him because the people would be on his side.
A government should act swiftly on a negative trend.
Rather than hoping it goes away, only for it to become a crisis.
‘Rising debt is fine because it’s low compared to other countries’
‘Escalating crime isn’t a problem because it’s still relatively safe’
‘Productivity decline doesn’t matter because we’re still wealthy’
People care about where they’re going.
As they should.
Why should they accept declining living standards?
What’s a government’s job if not to improve lives?
That’s the difference between proactive government and what we’ve had for too long - a managerial class detached from ordinary life and unequipped to lead.
I expect this to get some hysterical reactions, but here it goes.
This is the first time Sam Wood has been criminally charged for anything in his entire life. He could reasonably be expected not to pose a threat to the public, comply with intervention orders and front court for trial. Bail is denied.
Compare this to the endless others who repeatedly invade homes, assault innocent people with deadly weapons, steal cars and endanger civilians in high-speed pursuits. Many are already out on bail. Many are released on bail again.
Sam Wood’s charge is in QLD. The others are in VIC.
Set aside the legal details and look at it from a regular person’s perspective.
How can there be such inconsistency in the way we treat violent crime?
Particularly as it relates to public safety.
I expect this to get some hysterical reactions, but here it goes.
This is the first time Sam Wood has been criminally charged for anything in his entire life. He could reasonably be expected not to pose a threat to the public, comply with intervention orders and front court for trial. Bail is denied.
Compare this to the endless others who repeatedly invade homes, assault innocent people with deadly weapons, steal cars and endanger civilians in high-speed pursuits. Many are already out on bail. Many are released on bail again.
Sam Wood’s charge is in QLD. The others are in VIC.
Set aside the legal details and look at it from a regular person’s perspective.
How can there be such inconsistency in the way we treat violent crime?
Particularly as it relates to public safety.
A woman randomly stabbed in the neck on a tram by a man on bail.
A teen on bail caught after a crime spree ending in a high speed chase.
A migrant rapist walks free because he doesn’t understand rape is not okay.
Victoria Police directed to go easy on young offenders.
An ISIS propagandist bailed so he can receive NDIS care.
Charges dropped in a fatal bashing because the law says the kid can’t know it’s wrong.
All in the last couple of days.
Every one of these is an ad for One Nation.
Fear of the alternative only works when the incumbent is seen as the safe and responsible option.
This isn't the sentiment of the Victorian community whose trust has been repeatedly betrayed.
The rage in the community is palpable.
The more of these stories they hear, the less they care about the details.
This is on top of the greatest decline in living standards in decades.
Australia is facing a political revolt like never before.
This is what many people don’t get about inflation and why stable pricing is so critical.
In inflationary environments - whatever its drivers may be - there are both legitimate costs being passed on and opportunistic price increases.
Businesses understand they can’t increase their costs too frequently or they’ll lose customers, so they often go overboard - both intentionally and unintentionally.
This leads to other businesses responding in kind - both because their costs are interconnected and to get ahead of the inflation curve.
It just leads to everybody chasing their tail in an inflationary spiral.
Only when costs are stable and revenues are growing can businesses properly invest in growth for the future.
Grocery prices are up because input costs are up - their net margins remain at the long term typical 2-3%.
The profit presented as dollars is across ~2,000 stores, which gives them the scale to run at 2-3% net margins.
If a government-owned supermarket is offering prices at 30% discount, this means the other ~27% is being subsidised.
And given their input costs would likely be higher and efficiency lower, it’d be much higher than this - so the subsidy would extend to pure waste.
Then add finance costs because governments are running deficits, leading to more debt for future generations.
This is what the Greens call good policy.
Grocery prices are out of control. Since 2019, they’ve risen by 31% 🛒📈
Meanwhile, this year Coles & Woolworths pocketed a record $2.23 billion - in just six months!
The Vic Greens will take 30% off your essential groceries by introducing publicly-owned, local supermarkets.
Readers added context they thought people might want to know
Coles and Woolworths supermarket profits have risen mostly because of larger sales volumes, not because they've dramatically widened margins. Their reported EBIT margins have remained within a relatively tight band around 4-5% over recent years.
finbox.com/ASX:COL/explor…





















