Recent content by wassie

ABC Radio report titled "Coal town real estate crashes as commodities plummet" I like the ever optimistic real estate agent views at the end of the report.... http://www.abc.net.au/pm/content/2012/s3598530.htm

BHP aren't keeping options open as such - On announcing the decision to put it on hold they stated that basically as all the majority of the capex is spent at the start of the project (on construction), then this locks in the economics of the mine over its life. They signalled labour and...

This still has a while to play out and it will take much more than a decade or two let alone years. At present it is estimated that around 15% of mortgages are in negative equity (this is speculative as there is no reliable reporting). Of these, many are on 'tracker' mortgages which are...

I would value a carbay (assuming you are in CBD) attached to the unit above all else.... About the only thing you get that will differentiate yourself from the hundreds of other dogboxes if you ever planned to sell.

Wow - I think you actually have an amazing opportunity that many people dont actually realise they have until its too late - i.e. several years after buying an IP and realising it was the wrong decision in hindsight. Wrong because it was decision made without any well considered plan in place...

THE BSA scheme is a mutual liability scheme that is effectively a government run insurance scheme. Whilst its not perfect, be thankful you are dealing with them as the QLD scheme is by far and away the best in the country in terms of the protections it offers consumers. Nearly all of the...

Agreed. It doesnt take that much effort to deal with this once every 12 months. Getting a competent agent - now theres a the challenge!:D

5 years and you wont want to move back.....:p

It may be a bit harsh and I totally sympathise with you. Rental agents are sometimes as just as big a problem as tenants (which is unfortunate for those rare good agents out there). But lura does make very valid points in her posts. Fires in residential property are the single biggest killer...

Just wondering, is this termed being 'gazumped' and is it particular to NSW?

+1 Im just the latest in a long line of SSers to discover this thread & its the first one Ive ever subscribed to. Reading this last night, I had my "Ah-ha" moment & now suffering from that crazy feeling of excitement & anticipation. But before I carry on, kudos to you Keith firstly for...

At the end of the day the only thing that matters is what the ATO thinks. :( The anti-avoidance provisions in Part IVA I suspect would be hard to get around.

Let just say a colleague on the inside....:cool: I'm guessing its just one of a raft of options the B4 are canvassing in response to their many investment loans products now being subject to the NCC (previously they would have been outside of the old UCCC). Personally I would like to think...

The Government has announced that the new national consumer credit regime, the National Credit Code (NCC) will commence on 1 July 2010. From my reading of the legislation, the Commonwealth has; "specifically decided to enhance or extend the operation of the Code compared with the UCCC in...

+1 Lmao :d