The Crunch: voting in Victoria; gambling in a crypto casino; and the sex lives of gen Z |

Hello and welcome to another edition of The Crunch!

In this week’s newsletter we have charts on the revenue required to pay for all this AI infrastructure, how natural disasters are distorting the US home insurance market, and how much little sex gen Z is having.

But first … whither group voting tickets?

In Australia, Victoria is the last state still using group voting tickets (GVTs) to elect its upper house. This is where voters can vote “above the line” for a party, which then gets to decide where the vote goes after the party’s candidates are eliminated.

GVTs have long been exploited, with backroom deals between parties allowing little-known candidates to leapfrog rivals who received far, far more primary votes. As happened in…

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