iiinova — where your digital self keeps evolving

Patrick Gilligan-O'Loughlin @patrickgilligan098.bsky.social · 13/05/2026

Charmers has both convinced the media and the working class that he’s done either the worst thing or best thing imaginable when he’s in fact not changed a single thing. Negative gearing remains #auspol

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Patrick Gilligan-O'Loughlin @patrickgilligan098.bsky.social · 13/05/2026

Labor’s “historic crackdown” on negative gearing is a joke. A landlord losing $20K still deducts the entire $20K. Labor only changed when the deduction is used, not whether it exists. The media then reports it like property tax concessions were abolished entirely #auspol

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Patrick Gilligan-O'Loughlin @patrickgilligan098.bsky.social · 12/05/2026

A ban on a group that owns roughly 1–2% of Australia’s housing stock and makes up under 1% of annual purchases. In 2022–23, foreign buyers purchased just 5,360 properties nationwide. Housing blew out because supply collapsed and migration surged, not because of this tiny market segment #auspol

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Patrick Gilligan-O'Loughlin @patrickgilligan098.bsky.social · 12/05/2026

Labor just handed bigger tax exempt status to venture capital investors up to $420 million in assets while renters and workers get lectured about “budget restraint”. Full tax free gains for capital. A neoliberal wealth transfer so aggressive it makes the Coalition look economically timid #auspol

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Patrick Gilligan-O'Loughlin @patrickgilligan098.bsky.social · 12/05/2026

Under Labor’s “massive negative gearing reform”, a landlord who loses $20K on a property still gets to claim the full $20K tax deduction. Labor just changed whether they can use it against wages immediately or later against future property profits. That’s not dismantling the system #auspol

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Patrick Gilligan-O'Loughlin @patrickgilligan098.bsky.social · 19/04/2026

“True colours” says the man found liable of sexual abuse #auspol

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Patrick Gilligan-O'Loughlin @patrickgilligan098.bsky.social · 19/03/2026

The institutional inertia in this country is staggering. We have underinvested in renewables and built less than a third of recommended fuel reserves. We have failed both energy security and transition #auspol

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Patrick Gilligan-O'Loughlin @patrickgilligan098.bsky.social · 15/03/2026

The criticism of Trump as ignorant doesn’t cut it. He has the cognition of a toddler #auspol

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Patrick Gilligan-O'Loughlin @patrickgilligan098.bsky.social · 15/03/2026

The reason we have high energy prices is specifically because we have not invested enough and not invested quickly enough in renewables, ageing coal plants, and the selling off of gas is the reason why we have high power prices, and those two things are fossil fuels #auspol

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Patrick Gilligan-O'Loughlin @patrickgilligan098.bsky.social · 15/03/2026

The reason we’re experiencing any potential shock whether it be price shocks and potential supply shocks for oil it’s because we haven’t taken seriously enough our renewable potential and stayed reliant on fossil fuels #auspol

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Patrick Gilligan-O'Loughlin @patrickgilligan098.bsky.social · 15/03/2026

Matt Canavan blaming Labor for oil shocks is ridiculous. He spent years blocking EVs, renewables, and energy diversification on behalf of the fossil fuel industry. If he’d succeeded less, Australia would be far less exposed to global oil price shocks today #auspol

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Patrick Gilligan-O'Loughlin @patrickgilligan098.bsky.social · 15/03/2026

Joyce should know One Nation is a grievance party. So why is he trying to pose as a moderating force against Pauline Hanson? Joyce was Deputy PM for two terms and achieved nothing. Hanson’s been in politics for ~30 years and achieved nothing they are more arguing over grievance #auspol

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Patrick Gilligan-O'Loughlin @patrickgilligan098.bsky.social · 15/03/2026

Barnaby Joyce served two terms as Deputy Prime Minister the second most powerful office in the country and did nothing to strengthen Australia’s fuel security. Now he “regrets” it #auspol

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Patrick Gilligan-O'Loughlin @patrickgilligan098.bsky.social · 15/03/2026

Underestimating the impact of a war around the Strait of Hormuz the most critical oil chokepoint on Earth is breathtaking ignorance. Trump is a profoundly ignorant man pretending to understand global strategy, and everyone else would be stuck paying the price for his stupidity #auspol

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Patrick Gilligan-O'Loughlin @patrickgilligan098.bsky.social · 15/03/2026

Trump says a war with Iran will end when he “feels it in his bones.” This is the same guy who keeps bragging about passing the Montreal Cognitive Assessment the basic cognitive screening where you draw a clock. War strategy by vibes from a man proud he passed the dementia test #auspol

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Patrick Gilligan-O'Loughlin @patrickgilligan098.bsky.social · 13/03/2026

If oil hits $200, direct inflation could jump ~4%, and once spillovers hit transport, food, and tradeables the surge could reach ~8%. A shock that large could trigger a housing correction, yet even then Australian homes would still sit far beyond what incomes can support #auspol

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Patrick Gilligan-O'Loughlin @patrickgilligan098.bsky.social · 13/03/2026

This chart compares today’s inflation path with the 1970s oil shock era. The warning is a second inflation wave driven by energy shocks. If stagflation returns and housing only falls ~20%, Australia would still be stuck with prices far beyond incomes #auspol

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Patrick Gilligan-O'Loughlin @patrickgilligan098.bsky.social · 13/03/2026

MacroBusiness argues a $200 oil shock could trigger stagflation and push Sydney and Melbourne house prices down about 20%. Even after a fall that size, homes would still sit around 10–11× incomes. That is how far Australia’s housing market has detached from affordability #auspol

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Patrick Gilligan-O'Loughlin @patrickgilligan098.bsky.social · 12/03/2026

Labor screamed integrity in 2022. Now we have record secrecy, a corruption watchdog with nothing to show, and housing outcomes worse than the Coalition. The moral superiority was just campaign marketing. Australia might genuinely have been better off under Peter Dutton #auspol

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Patrick Gilligan-O'Loughlin @patrickgilligan098.bsky.social · 11/03/2026

If the NACC cannot land Robodebt, then Albo’s real fraud was overselling accountability he never meant to deliver. Labor built the integrity branding, failed the test, and now hides behind process while victims get nothing. Worse than a Liberal because he pretended to be better #auspol

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Patrick Gilligan-O'Loughlin @patrickgilligan098.bsky.social · 10/03/2026

Clare O’Neil admitted in 2023 that uncapped temporary migration was driving huge problems. Since then Labor has let the temporary population blow out even further. They diagnosed the disease, gave a speech, and then kept feeding it #auspol

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Patrick Gilligan-O'Loughlin @patrickgilligan098.bsky.social · 10/03/2026

This is not skilled migration. It is a extreme temporary intake that does not fill core shortages, adds housing pressure, and funnels people into capped hours, underemployment, or grey market work. Labor is protecting a broken volume model, not Australians #auspol

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Patrick Gilligan-O'Loughlin @patrickgilligan098.bsky.social · 10/03/2026

Thomas Duke to CBA and Kieran Ingrey to GRACosway in back to back moves tells you exactly what Labor is. Not a party of humble bureaucrats or union saints, but another insider machine feeding banks and lobbyists just like the Coalition #auspol

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Patrick Gilligan-O'Loughlin @patrickgilligan098.bsky.social · 10/03/2026

Labor loves pretending its machine is just earnest bureaucrats keeping the country running. Spare me. Marles’ former adviser is now in lobbying, O’Neil’s former policy chief landed at CBA, and another Marles staffer went to Thales. This is a revolving door, not a civic monastery #auspol

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Patrick Gilligan-O'Loughlin @patrickgilligan098.bsky.social · 09/03/2026

Glad Mike Burgess is “comfortable” clearing visas for non-citizen Iranian athletes, while Australian children are left to rot in foreign ISIS detention camps. Security when it’s politically convenient, indifference when it’s inconvenient. That’s not principle. That’s selective morality #auspol

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Patrick Gilligan-O'Loughlin @patrickgilligan098.bsky.social · 09/03/2026

If the West says Iran is a terror state and existential threat, then suddenly fast tracking visas for Iranian athletes while Australian children rot in ISIS camps exposes the hypocrisy. Security panic when convenient, humanitarianism when it looks good. That’s not principle. That’s politics #auspol

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Patrick Gilligan-O'Loughlin @patrickgilligan098.bsky.social · 09/03/2026

Australians are poorer than they were a decade ago. Real wages stuck at 2013 levels. Housing crisis exploding. Labor’s response is more defence spending to satisfy the US. At this point Albo is just Dutton with better PR #auspol

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Patrick Gilligan-O'Loughlin @patrickgilligan098.bsky.social · 09/03/2026

If oil prices surge due to a Strait of Hormuz disruption the RBA may not be hiking rates at all. Instead Australia could face emergency rate cuts as an oil shock crashes economic growth and employment #auspol

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Patrick Gilligan-O'Loughlin @patrickgilligan098.bsky.social · 09/03/2026

If the Strait of Hormuz remains dangerous for shipping companies many tankers simply will not enter. Insurance and security risk alone can halt energy flows without any formal blockade #auspol

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Patrick Gilligan-O'Loughlin @patrickgilligan098.bsky.social · 09/03/2026

Oil markets are behaving similarly to early COVID reactions when markets initially underestimated the scale of disruption before global systems suddenly shut down #auspol

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Patrick Gilligan-O'Loughlin @patrickgilligan098.bsky.social · 09/03/2026

The risk scenario discussed is not just higher petrol prices. It is the combination of supply shock, hoarding behaviour and governments restricting exports to protect their own economies #auspol

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Patrick Gilligan-O'Loughlin @patrickgilligan098.bsky.social · 09/03/2026

Australia is highly exposed to fuel shocks because national fuel reserves are extremely small. A major global disruption could deplete domestic supply quickly if panic buying begins #auspol

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Patrick Gilligan-O'Loughlin @patrickgilligan098.bsky.social · 09/03/2026

When oil supply collapses countries stop exporting and keep fuel for themselves. That turns an energy shortage into a geopolitical crisis because global oil trade itself begins to break down #auspol

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Patrick Gilligan-O'Loughlin @patrickgilligan098.bsky.social · 09/03/2026

In an extreme supply shock oil might not just reach $150 per barrel. The price required to rebalance demand could be far higher depending on how quickly economies must shut down consumption #auspol

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Patrick Gilligan-O'Loughlin @patrickgilligan098.bsky.social · 09/03/2026

If oil shortages persist markets will not adjust gradually. Prices would need to rise enough to destroy demand rapidly which historically means recession level price spikes #auspol

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Patrick Gilligan-O'Loughlin @patrickgilligan098.bsky.social · 09/03/2026

The current Persian Gulf oil disruption is estimated at about 17 million barrels per day. That is roughly seventeen times larger than the peak Russian supply shock during the 2022 invasion of Ukraine #auspol

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Patrick Gilligan-O'Loughlin @patrickgilligan098.bsky.social · 09/03/2026

Oil flows through the Strait of Hormuz have reportedly fallen by about 18 million barrels per day leaving roughly 10 percent of normal volumes moving. That is one of the largest supply shocks ever seen in the oil market #auspol

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Patrick Gilligan-O'Loughlin @patrickgilligan098.bsky.social · 09/03/2026

Most of our domestic refineries actually closed under liberal governments but no let’s just keep blaming labor for macro economic issues #auspol

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Patrick Gilligan-O'Loughlin @patrickgilligan098.bsky.social · 09/03/2026

A majority of Americans do not support war with Iran, yet Tony Abbott is riding harder for the US than many Americans themselves. Meanwhile Labor is supposedly the side that is “out of touch.” The political theatre writes itself #auspol

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Patrick Gilligan-O'Loughlin @patrickgilligan098.bsky.social · 09/03/2026

Potentially looking at $10 a litre for fuel or because Israel is holding God knows what over Trump’s head #auspol

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Patrick Gilligan-O'Loughlin @patrickgilligan098.bsky.social · 09/03/2026

The world is facing a major oil supply shock while Australians face record rent, collapsing housing affordability and the lowest rental vacancies in modern history. A system already stretched to breaking point is about to be stress tested #auspol

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Patrick Gilligan-O'Loughlin @patrickgilligan098.bsky.social · 09/03/2026

Energy shocks spread through everything. Fuel rises, freight rises, food rises. But Australian wages are still roughly stuck at 2013 levels in real terms while rents are the highest ever recorded. That gap cannot hold forever #auspol

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Patrick Gilligan-O'Loughlin @patrickgilligan098.bsky.social · 09/03/2026

Oil is surging toward crisis levels while Australia has some of the worst housing affordability on record. Vacancy rates are near historic lows and rents keep rising. Add an energy shock and the system starts to crack #auspol

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Patrick Gilligan-O'Loughlin @patrickgilligan098.bsky.social · 09/03/2026

Markets across Asia are plunging as oil surges. Meanwhile Australians are dealing with rents up more than 40 percent in five years and wages that have barely moved in a decade. When global shocks hit a broken domestic economy the pressure explodes #auspol

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Patrick Gilligan-O'Loughlin @patrickgilligan098.bsky.social · 09/03/2026

Oil shocks push up fuel, transport and food costs across the entire economy. Australia is entering that shock with stagnant wages, record rents and vacancy rates around crisis levels. This system cannot sustain another squeeze #auspol

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Patrick Gilligan-O'Loughlin @patrickgilligan098.bsky.social · 09/03/2026

Oil markets are now losing roughly 20 million barrels a day due to the Strait of Hormuz disruption. The 1979 oil shock that triggered global recession only removed about 4–5 million barrels a day. This crisis could be far bigger #auspol

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Patrick Gilligan-O'Loughlin @patrickgilligan098.bsky.social · 08/03/2026

Gulf states are among the richest countries on Earth. If they are being targeted because they align with the US, why is Australia expected to help fight their wars from the other side of the planet? Ask America, Europe, or Turkey first. Australia is not the world’s security contractor #auspol

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Patrick Gilligan-O'Loughlin @patrickgilligan098.bsky.social · 01/03/2026

Albanese holds the largest single party majority in modern history while real wages have barely moved in a decade. Instead of focusing on living standards, he lines up behind US strikes. Empire first, Australian pay packets second. That is the choice he just made #auspol

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Patrick Gilligan-O'Loughlin @patrickgilligan098.bsky.social · 28/02/2026

Australians are dealing with rent stress, weak productivity growth, and fragile consumer confidence yet the Prime Minister’s instinct was to step into a volatile foreign conflict rather than stay disciplined and focused on the economy #auspol

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