Australia’s Decline: Globalist Domination and the Erosion of Sovereignty, By Paul Walker
Australia's decline, as articulated in Letters from Australia and echoed in James Reed commentary on the Greg Sheridan article from The Australian, is not a mere byproduct of mismanagement but a deliberate project driven by globalist forces seeking to dismantle private property rights, national identity, and sovereignty. The Letters from Australia article contends that mass immigration, orchestrated housing crises, and the rise of build-to-rent (BTR) schemes are tools used by corporations, banks, and supranational entities like the World Economic Forum (WEF) to transform Australia into a nation of perpetual renters under corporate control. This blog piece argues that these policies, coupled with cultural attacks on individual property ownership and unchecked immigration from powers like China and India, are accelerating Australia's decline, leaving it vulnerable to external domination and internal fragmentation. The trajectory points to a future where Australia's wealth and identity are subsumed by globalist agendas and foreign influence.
The Letters from Australia article posits that Australia's housing crisis is engineered through mass immigration, with the government planning to import 13.5 million people by 2065, swelling the population to 41.2 million. This influx, equivalent to adding another Sydney, Melbourne, and Brisbane, ensures demand perpetually outstrips housing supply, driving median home prices to nine times the average income (13 times in Sydney). Since 2019, over two million migrants have arrived, with net overseas migration hitting 446,000 in 2023–24, per the Australian Government Centre for Population. This policy, championed by the Business Council of Australia and developers like Harry Triguboff, benefits corporations, banks, and institutional investors like BlackRock and Vanguard, who profit from inflated prices and BTR projects.
BTR schemes, subsidised by taxpayer-funded tax breaks (e.g., halved CGT at 15% and 4% accelerated capital works deductions), favour corporate developers over individual investors, who face full land taxes and proposed CGT hikes. The article highlights NSW Senator Andrew Bragg's dissent against the BTR bill, warning of a "rent forever" model that undermines the Australian dream of homeownership. Aussie concerns about immigration's economic impact, housing unaffordability and wage stagnation, align here. Migrants, particularly wealthy students from China and India, compete for property, pushing out locals. By 2050, this could create a two-tier economy: a corporate elite profiting from rents and a disenfranchised populace unable to own assets, reliant on globalist-controlled infrastructure.
The social fabric is fraying under the weight of immigration and cultural shifts, as James Reed today notes. The 2021 Census showed 43.2% of Sydney's population as foreign-born, with 52.4% having both parents born overseas, a trend accelerated by policies favouring high-income migrants from China and India.European ancestry has dropped from 90% in 1947 to 72–76% in 2021, with projections suggesting European groups could near 40% or even less by 2050. This demographic shift, combined with globalist-driven multiculturalism, risks eroding Australia's Anglo-cultural core, fostering enclaves with divided loyalties. The Letters article argues that globalists, via the Teals and charities like ACOSS, demonise private property owners as "selfish," pushing taxes like US-style yearly land taxes to force families out of homes, as seen in Victoria's 189% bushfire levy hikes.
Cultural attacks extend to property rights themselves. The privatisation of land titles offices (e.g., NSW's lease to Aware Super and Macquarie for $2.6 billion) and the destruction of physical title deeds in 2021, undermine legal protections for ownership. The article's reference to "Welcome to Country" ceremonies and Aboriginal land rights, like the ALRA's inalienable communal ownership, suggests a broader agenda to erode individual property rights. While acknowledging Aboriginal dispossession, the push for corporate-controlled land trusts aligns with globalist goals of collectivisation, leaving all Australians, Indigenous and non-Indigenous, as renters under corporate dominion. This cultural shift, coupled with immigration-driven social strain, could fracture cohesion, making Australia susceptible to external influence from nations like China, whose diaspora holds significant economic sway.
Australia's strategic decline is exacerbated by globalist policies that weaken its autonomy. The Letters article frames BTR and migration as part of a WEF-driven "stakeholder capitalism" model, where corporations act as "trustees of society," sidelining elected governments. This aligns with the fear of Australia being "chewed up" by China and India. China's trade dominance (30% of exports) and India's growing diaspora (3.1% of the population) create leverage points. For instance, Chinese investors, restricted from direct property ownership, access BTR through managed investment trusts, benefiting from tax breaks unavailable to locals. If immigration continues unabated, these diasporas could shape policy, aligning Australia's interests with foreign powers.
Militarily, Australia's 59,000-strong ADF is dwarfed by its 28 million population, with an aging navy and minimal drone capabilities. A Nation First piece warned of vulnerability to China, a risk amplified if internal divisions grow. Globalist policies like net-zero, enforced through "green" building standards (e.g., NSW's 7-star NatHERS requirements), raise costs and weaken industrial capacity, further exposing Australia to economic coercion. By 2050, a fragmented, renter-based society could lack the unity to resist external pressures, becoming a resource-rich appendage of Asian powers.
The Letters article accuses Labor, the Greens, and Teals of advancing globalist interests, with the Teals, backed by billionaire Simon Holmes à Court's Climate 200, acting as a faux-independent force. Their support for BTR, higher taxes on individuals, and migration aligns with WEF goals of "own nothing and be happy." Unlike Greg Sheridan's optimism, this view sees no easy reversal, as globalist influence permeates institutions, from universities reliant on foreign students to charities like ACOSS funded by the $10 billion Housing Australia Future Fund. The article's claim of a "fake crisis" engineered by migration and exploited by corporates like Lendlease and Mirvac suggests a coordinated effort to entrench corporate control, leaving Australians as serfs in a globalist system.
Australia's decline is a multifaceted crisis driven by globalist domination, with mass immigration and BTR schemes as key weapons. The planned influx of 13.5 million people by 2065 ensures a perpetual housing crisis, benefiting corporations while pricing out locals. Cultural attacks on property rights and multiculturalism erode national identity, risking fragmentation that external powers like China and India could exploit. The Teals and Labor's alignment with WEF agendas signals a shift toward corporate-controlled smart cities, where individual sovereignty is replaced by collective dependency. Resistance requires slashing migration, restoring property rights, and rejecting globalist policies. Without action, Australia faces a future as a hollowed-out nation, its wealth and identity subsumed by corporate and foreign interests.
https://lettersfromaustralia.substack.com/p/globalists-won-the-election-and-they
Importing 13.5 million people to create the next 40 years of housing crisis
Winners: corporations, banks, developers, institutional funds, billionaires
Losers: YOU. Taxes to force homeowners out, "green" materials push up prices
Build-to-rent towers for permanent renters, subsidised by you
Demonisation of private property, "selfish" home-owners has begun
Land-titles offices privatised, certificates of title destroyed
Managed retreat, insurance levies kettle you in to cities
Australians LOVE houses.
They are a savings fortress against inflation, security to leave our children (if any) or to sell and pay for a nursing home later (if needed). The highest ambition for most is to have an investment property for income in retirement.
If you own a home, the Government and the corporations can't push you around.
Globalists want to destroy this.
They want private property ownership fazed out in favour of build-to-rent projects that can only be built by big corporations or the ultra-wealthy as they must consist of 50 or more dwellings to qualify.
Build-to-rent gives tax breaks to corporate developers and financiers to build towers of units that are never sold. They are for perpetual rent, at no discount to market. The profits are privatised but the towers are subsidised by you in the form of half-price taxes, fast tracked approval processes, and increased burdens shunted on public infrastructure and services.
The laws were changed last year to favour build-to-rent with refunds and tax breaks, at your expense.
A horrified NSW Senator Andrew Bragg produced a dissenting report from the Senate Economics Committee recommending Parliament vote against the Bill, saying it pandered to investment fund managers.
"This scheme would promote a "rent forever" approach where corporations take over the Australian Dream. In this nirvana for vested interests, BlackRock, Vanguard and Cbus will own Australia's houses instead of the people," he said.
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