SQM's founder and MD. Occasionally accurate on the housing market. Family. Smaller Gov't. Loves animals. Volcanoes. Anzac grandson. Train & ship spotter. F1

Sydney
Joined April 2009
Louis Christopher retweeted
Profesor ekonomii na uniwersytecie stwierdził, że kiedyś oblał całą klasę. Ta klasa upierała się, że socjalizm działa i że nikt nie powinien być biedny, a nikt bogaty, że wszyscy są równi... Nauczyciel powiedział im: „OK, przeprowadzimy eksperyment z socjalizmem w tej grupie. Wszystkie oceny będą uśrednione, a każdy dostanie tę samą ocenę, więc nikt nie oblany i nikt nie dostanie 10”. Po pierwszym teście oceny zostały zsumowane i podzielone przez liczbę studentów, i każdy dostał 8. Studenci, którzy uczyli się intensywnie, byli zdenerwowani, ale ci, którzy uczyli się mniej, byli zachwyceni. Gdy zbliżał się drugi test, studenci, którzy wcześniej uczyli się trochę, uczyli się jeszcze mniej, a ci, którzy uczyli się intensywniej, powiedzieli sobie, że oni też chcą „darmowego prezentu”, więc też uczyli się mniej. Średnia z drugiego testu wyniosła 6. Gdy przeprowadzono trzeci test, średnia ocena wyniosła 4. Ku wielkiemu zaskoczeniu wszystkich studentów, wszyscy oblali. Nauczyciel powiedział im, że socjalizm w końcu zawiedzie, ponieważ gdy połowa populacji widzi, że nie musi pracować, bo druga połowa się nimi zajmie, a gdy ta połowa, która pracowała, zdaje sobie sprawę, że nie ma sensu już pracować, bo inni korzystają z ich pracy, to jest koniec każdego narodu. Ta historia może być bajką, a nie faktem, ale morał jest prawdziwy. Za @nettermike
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Sydney final auction results: Week ending 25 October, 2026 @SQMResearch The final clearance rate was 25.6% from 972 scheduled auctions. Preceding week - 30.2% from 873 auctions. Same week, last year - 49.2% from 1,311 auctions. This week sees 1,042 auctions for Sydney.
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Sydney's results marks the lowest clearance rate on our records (since 2020), excluding Dec/Jan holidays, BUT NOW INCLUDING COVID LOCKDOWN. The clearacne rate is now below that first Covid lockdown panic period. I'd never thought we would report it that low. But there you have it. And scheduled volumes are going to be higher this week..
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Melbourne final auction results: Week ending 25 October, 2026 @SQMResearch The final clearance rate was 41.9% from 933 scheduled auctions. Preceding week - 37.6% from 599 auctions. Same week, last year - 54.6% from 1,994 auctions. This week sees 565 auctions for Melbourne (Melbourne Cup.
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Louis Christopher retweeted
BREAKING: Right wing presidential candidate Flavio Bolsonaro says police waited outside his home and took his passport following the election results. To me it looks like a dictatorship in Brazil. 🇧🇷
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Louis Christopher retweeted
JUST IN: 🇧🇷 Over $200,000,000,000 wiped out from the Brazil stock market at open after Lula da Silva wins Brazil's presidential election, defeating Flávio Bolsonaro.
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Louis Christopher retweeted
🚨 NEW: Federal voting intention 🟥 ALP: 26% (-) 🟦 L/NP: 23.5% (+2) 🟧 ONP: 22.5% (-1.5) 🟩 GRN: 15.5% (+0.5) ⬛️ OTH: 12.5% (-1) Two-party-preferred 🟥 ALP: 52.5% (-0.5) 🟦 L/NP: 47.5% (+0.5) ALP vs ONP 🟥 ALP: 55% (+0.5) 🟧 ONP: 45% (-0.5) Roy Morgan | 12-25 Oct | n=2711 | +/- 28 Sep-11 Oct
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Louis Christopher retweeted
Newly released Pentagon UFO files detail a bizarre encounter in which FBI agents report spotting a mysterious black triangular object hovering above a mountain ridge before disappearing within seconds. See what else investigators documented: foxnews.com/us/pentagon-ufo-…
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Louis Christopher retweeted
😳 Max Verstappen has revealed the physical toll F1 has taken on his spine. After undergoing scans due to persistent foot pain, doctors discovered significant deterioration in the discs of his lower back. 🗣️ “You can see it in certain discs at the bottom of my back; there’s nothing left there.” Verstappen says he takes painkillers and even lifts himself out of his seat to cope with COTA’s severe bumps. (via. @Racingnews365c) #F1
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Louis Christopher retweeted
Australia’s Property Slump Deepens as Rate Hikes and Tax Rules Hit Housing Market
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Louis Christopher retweeted
UK 🇬🇧 average draught beer🍺 prices. 1970-2026: Look at the enormous jump in price in the last 2 years: 1970: £0.11 1971: £0.12 1972: £0.13 1973: £0.13 1974: £0.15 1975: £0.20 1976: £0.23 1977: £0.27 1978: £0.29 1979: £0.34 1980: £0.41 1981: £0.49 1982: £0.54 1983: £0.62 1984: £0.66 1985: £0.72 1986: £0.76 1987: £0.82 1988: £0.88 1989: £0.96 1990: £1.10 1991: £1.26 1992: £1.31 1993: £1.37 1994: £1.42 1995: £1.48 1996: £1.56 1997: £1.65 1998: £1.70 1999: £1.74 2000: £1.78 2001: £1.82 2002: £1.85 2003: £1.95 2004: £2.03 2005: £2.13 2006: £2.21 2007: £2.31 2008: £2.41 2009: £2.49 2010: £2.58 2011: £2.69 2012: £2.80 2013: £2.87 2014: £2.94 2015: £2.96 2016: £2.99 2017: £3.05 2018: £3.06 2019: £3.09 2020: £3.16 2021: £3.26 2022: £3.49 2023: £3.80 2024: £3.90 2025: £5.17 2026: £5.34
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Louis Christopher retweeted
JUST IN: 🇩🇪 Hitler's former "Eagle's Nest" mountain retreat set on fire, suspect arrested.
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The Sydney housing market is indeed in deep trouble. – at Galston, New South Wales
Auction results - Sold To Listed - Sydney 24.6% (30.8% last weekend) - Melbourne 40.9% (36.7%) Sydney absolutely collapses to its worst result since my records began. If this is reflected in SQM's results come Tuesday, this is a market deeply in trouble. Melbourne a strong bounce vs last week and a massive divergence developing between the two cities. Although to what degree the now required auction disclosure rules in Victoria could be boosting clearance rates is unclear. Overall auction volumes in both locales remain depressed compared with this time last year, which is playing a major role in supporting the market. Without this factor results would be significantly worse. If you want the normal full round up let me know in the comments, I'm out for the night. Both cities markets remain in a deeply challenging place and on these numbers within the zone of major price falls. Methodology in graphic below. I produce this data entirely unpaid, so if you would like to make a one off contribution to support this effort you can do so here: buymeacoffee.com/tarric #AvidAuctions
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Louis Christopher retweeted
BREAKING: Brent crude oil prices surge above $117/barrel for the first time since March 19th amid fears that the US will renew strikes on Iran. Brent crude oil is now $2 away from breaking above its high of the year. Inflation expectations are pushing higher.
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Louis Christopher retweeted
Australia’s 60 minutes has released a preview of this Sunday’s interview with RBA Assistant Governor (Economic) Sarah Hunter. The interview was pre-recorded on 21 October 2026. The programme is titled “Rate rise reckoning”. #AusPol for @Scutty youtube.com/watch?v=EcFDIx0z…
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LOL. Happy Friday..
Replying to @LouiChristopher
Yeah any kindergarten child can tell us prices / rates / auction numbers are up/down/sideways you irrelevant monkey. Get a job you bludger.
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Louis Christopher retweeted
New Trump peace plan includes: •Demilitarized zone in Donbas •Ukraine abandons NATO •Investment package & EU membership for Ukraine •Russian business deals with US companies, lifting sanctions & normalization of political relations •Resumptions of Russian gas supplies to Europe & Nord Stream This is reported by Ukrainian media citing Ukrainian officials in The Economist.
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Louis Christopher retweeted
A 75-year-old steam locomotive that still commands attention at modern stations. [📹 alexbradleymaz]
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Ukraine is not Russia. That's Putin’s problem – refusing to recognize a separate nation, refusing to recognize a separate country – that's what did him in. He was shown a military operation that was supposed to take three days. We found parade uniforms in their various military vehicles. They were literally marching to a parade. He still doesn't understand and doesn't want to admit that this is a different nation, a different people. They were advancing on Kyiv from all directions. Their main goal was to seize the capital of Ukraine. They reached Kyiv. They trapped us, and then we started hammering them, and they didn't know what to do about it. They were especially shocked when they drove toward the capital and people were just throwing burning mixtures. People were setting their armor on fire. It wasn't a matter of some general being an idiot. I believe the one who gave the order just didn't fully realize what was happening. Because what does taking Kyiv mean? When you've taken those towns on the way to Kyiv, you have to leave troops behind to hold those towns. And that takes a huge number of people. It's a pretty large territory. If the people inside offer resistance, then you need an army to hold every town. That was their mistake. They didn't even realize there would be resistance. That was their main mistake. That's it. From The Diary of a CEO podcast with Steven Bartlett. (1/3)
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