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And here's the view from That Mitchelll & Webb Look. Very funny. "We'll need to build a massive rocket" - classic. http://www.youtube.com/watch?v=P6MOnehCOUw

To pay the flood levy to $3,000 would mean your taxable income is $375,000. Sorry, but if you've got this wrong I can't help but think your claimed donation of $3,000 didn't actually happen...

Willair, I assume he had some interesting things to say but any potential interest I may have had kind of disappeared once the old bloke's ponytail came into shot at about 0:10.

Why bother declaring the rent at #24, #21, wherever? Just leave it out completely. You seem to want a simple solution. Consider that. This is the sort of silly behaviour that leads to the ATO targetting the tax returns of all property investors.

Does that mean all the blokes have moved out or that Inghams and Steggles have taken over?

This TD leads to more queries: Does a tax refund, once received, need to be deposited into the LOC (and not the PPOR mortgage as most do) to the proportion that the IP generated the refund? Could be very difficult to calculate. And if you've got a margin loan do the dividends generated...

Guess what? The ATO has got sick of taxpayers directing rent from their IPs to their PPOR mortgage and effectively turning non-deductible debt into deductible debt, regardless if the dominant purpose is to pay off the PPOR mortgage as soon as possible and the tax benefits are secondary...

Spot on. And I find it damning that the poll assumes that a person's net worth can only be measured in $$terms. Yes, I know it's a property forum which is designed to help lead members to $ wealth through property but in unprecedented times of suffering with cyclones, floods, earthquakes...

you're getting it all wrong. Children of members don't have automatic rights to membership. Find two members willing to nominate and second you and onto the waiting list you go. Eventually you'll be offered restricted membership. Then pay your fees and you're in. A few years later and...

Another way of saying the same thing could be: "Nah it's pretty obvious that um... well sometimes s**t happens doesn't it?"

An update: T20 Big Bash Final is on right now and Davy Warner just hit the 150th six of the tournament into the Adelaide Oval crowd. Like the previous 149, no one died, no one hurt.

Absolutely spot on - the wasted years. And not unlike his hero Menzies who failed to further develop Australian industry during the 1950s boom but preferred to continue to ride on the sheep's back. As the years pass since his removal, the false aura around Howard will undoubtedly dissipate...

There's still water in homes and people are missing, and a levy that is intended to assist people less fortunate than others is already being written off as being mismanaged before it's even started. The way some members are conveying their thoughts by politicising the matter, showing a...

Dang!, unfortunately just a tad late for an Oscar's nomination for Best Dramatic Performance, you might have been in with a shot.... Exactly. Would it hurt all you whingers so much to attempt to remember the exact point of the levy and why it's been put into place, and respect the benefits...

Geez you're a fine citizen, BS. I hope you keep fighting the injustices of the world, well providing they specifically impact on you and your back pocket regardless of the way others are affected and whether it may actually be for the benefit of the nation as a whole... P.S. I'm not a slow...

Yeah, they should have included the $5.6b that's growing on trees in their budget. Yeah, I think I remember a little bloke called Johnny - the one I recall marched the country back 50 years and lead disgusting and grubby governments infamous for humanitarian neglect, corruption, lies and...

So I need to go for a bit of a sail up the coast to test whether the award was deserved? Rubbish. The 1979 inaugural winner: Julie Sochacki was named the inaugural Young Australian of the Year in recognition of her work with unemployed young people. In 1976 the former student nur se found...

Lleyton Hewitt won the award a few years ago. Coincidentally lost interest in it around then.

Wellington P.S. RIP

Suzanne Cory High School http://www.suzannecoryhs.vic.edu.au/