Australia’s most hated man hates Hellbourne

Advertisement

There is a first time for everything, and today I agree with Tim Gurner, Australia’s most hated man:

Developer Tim Gurner says the Victorian government’s stamp duty cuts are a strong start to get the property market moving again, but warned the effort is doomed to fail unless Melbourne’s reputation as a safe place to invest is restored after years of being pummelled by lockdowns, high taxes and debt.

“The strong consensus in other states is that Victoria is broke, it’s cold, and your property prices don’t go up,” Mr Gurner told The Australian Financial Review.

The long COVID-19 lockdowns under former premier Daniel Andrews had caused “incredible damage … to the brand of Melbourne” and the state government had been in disarray ever since, with a “massive debt problem” that gave property investors no reason for confidence.

Tim is not a people person so let me clarify that.

Dan Andrews did incredible damage to Melbourne. Period. It’s not a branding issue.

Hellbournians are broken. They have Stockholm Syndrome with the great lockdown party still in power.

Advertisement

The dictator has been knighted and given the greatest gaslighting sinecure imaginable in chairing a mental health outfit.

He is Scarecrow, Dr Jonathan Crane in charge of Arkham Asylum.

With nowhere else to put it, Hellbournians take their anger out on each other. Violence is everywhere. Gangs are rife.

Advertisement

Criminal incidents are at record highs, though why the statistics are not much higher is a mystery to me.

Perhaps the police are going easy on a broken population.

Advertisement

Helllboure is a nasty, bleak, crush-loaded dystopia with outer suburbs like ruined mini-states of India where migrants build houses for migrants in an endless hellscape.

It is the living and breathing embodiment of Australia’s crashing living standards in terms of debauched governance, economic hollowing out, vested interest greed, cultural debasement, bad weather, and mental breakdown.

If you can, get out. And do not come!

Advertisement

I fear it will never recover.

About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.