Recent content by rastus2

  1. R

    Will Australia's next property boom be the greatest boom we've ever seen?

    actually you have edited the chart yet again in your photobucket account and saved it with the same name to ensure any previous posts with that link now show your sanitised version of history. I guess this is how you try to support your 80-90 % claim of prediction accuracy. What you didn't...
  2. R

    Will Australia's next property boom be the greatest boom we've ever seen?

    edit: oh dear, Shadow edited his own photobucket chart to pretend he always had 2016 as the peak... sadly for him, the original chart he posted is still visable, on googlecache as well as his own photobucket account... That is a pretty low act Shadow. [/URL][/IMG] [/URL][/IMG]
  3. R

    Will Australia's next property boom be the greatest boom we've ever seen?

    well done with this prediction... shame it was changed 1 day later by yourself, then, there is the 2010 prediction you also posted elsewhere... 1M by 2013... opps. Let me guess, that one was not a prediction.. because it was completly wrong ? :rolleyes:
  4. R

    Will Australia's next property boom be the greatest boom we've ever seen?

    bump to show more detail of the prediction 8 posts later
  5. R

    NCCP Act 2009: Lenders not permitted to 'call in' loans unless borrower is in default

    lol... aww terry, you are confusing the 'vibe' of the act with the actual words... Shadow does not work that way.
  6. R

    NCCP Act 2009: Lenders not permitted to 'call in' loans unless borrower is in default

    Can you actually cite the test case for this situation that proves the banks are not able to enforce a clause that defines 'default' that they have in the contract ? (as demonstrated on the non-regulated mortgages). If not, then you are just offering conjecture on the outcome and nothing...
  7. R

    NCCP Act 2009: Lenders not permitted to 'call in' loans unless borrower is in default

    Honestly Shadow, I think it's time to drop this bone. It is now across two forums and the outcome certainly looks similar.
  8. R

    Is this a dodgy deal

    Sounds like the perfect deal... for the buyer, not the seller.. If I was in your situation I would do the maths and make a simple choice. As others have pointed out, all the risk is on you... if anything goes wrong with the company, the economy, the application to develop or indeed, the...
  9. R

    Under-quoting still happening

    A good story, and a fine example of how it would be wrong to enforce any kind of rule on underquoting with no consideration of unusual events. However, having read this thread, may I point out that most house sales are not unusual, and thus, while your story is interesting, it is not a good...
  10. R

    Super who thinks they'll get it?

    I have large doubts that I will see my Superannuation... there is a reasonable amount in it, however it will be anything between 10 and 15 years before I am able to get my hands on it. We set up SMSF to wrestle some control over it, and have indeed bought Gold and Silver with a small part to...
  11. R

    What are you going to import now with USD @ 1.09?

    In short, yes. We bought one last year while we were visiting the US... then went straight into an electronics store and bought a converter ($40) ... a simple adapter will not work as the motor will operate at ~ twice the speed due to the voltage/amperage difference and burn out as a result...
  12. R

    WA grabbing higher mineral royalties - can't blame them!

    Sigh.. oddly enough, I did not see WA complaining when the mining slump was happening and the benifits of being part of a larger community came back to them. WA has every right to take it's fair share of Australia's wealth... that does not mean it has every right to take an exact portion...
  13. R

    Negative gearing to go?

    Yes it is a similar concept... just rewards construction higher than speculation of old stock... good point on the shoddy building with limited life spans (aka Gold Coast :D )... building standards and inspections would need to be adhered to. Would any Investors be interested in this kind...
  14. R

    Negative gearing to go?

    so we should make tax rules fair with a purpose of 'actual effectiveness', but exclude 'poor old moms and investors' ? :confused:
  15. R

    Negative gearing to go?

    I would agree with both of these comments... Especially b). In fact I would go further... have no change to -ve gearing rules at all, except for properties that are older than 5 years. 5 years - 75% 7 years - 50% 10 years 25% What we need are rules that push investors towards...
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