Recent content by Pete_d

Agree with Andrew A, ABS is the best place for average weekly earnings. To save you going to the link. Average of all full time employees is $1,305.4 or $67880.0 a growth of 4.3% on last year.

So taking out all of the bonus prizes, then all of the transaction costs like stamp duty, legal and agent fees. All of the house would have lost some serious money. Obvisiouly the strategy was to make a tv show not a profit. 20% of purchase price must have been a over capitalization for all...

If your looking for something you may have missed, why not look at Empire magazines greatest 500 movies of all time. Excuse the long post! 001. The Godfather (Francis Ford Coppola, 1972) 002. Raiders of the Lost Ark (Steven Spielberg, 1981) 003. Star Wars Episode V: Empire Strikes Back...

I think two important factors are the home ownership % and the mix of house types change as housing in Australia becomes less affordable. I think Australian property prices can hold up simply with these factors changing. Below is a chart showing ABS data showing proportion of renters versus...

Thanks Bear

Hi Somersofters! I've got a query regarding the deductability of a deposit. Here is the situation Purchased a IP (my first) in a private treaty on the weekend, a 10% deposit is due tomorrow. I have the funds available in an offset facility on my PPOR loan and intend to finance 100% of the...

Was 3200 for the All Ords the bottom? Don't think so. The dow was down 4.2% last night to break a 12 year low. The futures on the all ords are pointing to 3125 at open today. Could this take us to the next support at 2800? :eek:

The All Ords closed at 3300.2, the lowest close in 5 years (9 Feb 2004), still up on the intraday low of 3200.

Interesting to see that today we are testing this bottom. The all ords currently at 3339.7 which is only 5.3 points (0.16%) off the bottom at the close of trading on 20-Nov-08 at 3332.6. On the following day there was a intraday low of3201.5, which recovered to 3386.9 by the end of the day...

How about Mumm in the $50-$80 sort of price range.

Yep, they did Macquarie has underwritten capital payments due to be paid over the next two years by holders of partly-paid securities in BrisConnections. http://www.news.com.au/heraldsun/story/0,21985,24666522-664,00.html

Well Macquarie have under written it, so they will have to cough up the dough, unless they can get it from the mum and dad investors. No winners here.

That's one of the big unknown questions, what would the negative price be?

There are a lot of questions about this. In some ways it could be considered that the shares cost $3 but only $1 has been paid off, so the shares are sitting at $2.01 (0.01 + $2 to be paid). A 33% fall from listing price when the market has fallen 50% and highly leveraged companies even harder...

Not that I work for the government but...the extra lanes on the Westgate are created by getting rid of emergency lanes and reducing the widths of the lanes. But as part of the project they put in a system of traffic lights above each lane. In case of an accident or breakdown, the lights come...