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  1. Murphy69

    Income protection insurance

    Its probably because commercial pilots have fairly stringent health checks, and even something relatively minor can ground them for either short periods of time, or forever. So its more a matter of the risk to the insurer for payouts, rather than the risk to the individual. (I don't know...
  2. Murphy69

    Rate race exit for those with families?

    As Mark Twain said, 'Every child needs to take some time off from school to learn." Personally, I think kids would learn more resilience and more about life experiencing travel for a year than they would in any given year in primary school. I've also heard that if you are prepared to spend...
  3. Murphy69

    Where are your properties?

    Yep its a semi. Has been $205 for a while. Paid a fraction too much, I think, for Whyalla. Canberra looks to be softening at the moment, and I think if I had to re-let, I'd probably have to drop the rent a bit. (Its in Holt and I think there has been a fair bit of construction in the area...
  4. Murphy69

    Where are your properties?

    2009, 1 x Canberra (389K, 450pw rent) 2011, 1 x Whyalla (125K, 175pw rent) 2011, 1 x Elizabeth (140K, 205pw rent) Thats paid price, current val, prob 440, 120, 170 respectively.
  5. Murphy69

    Parents downsizing. Financing Question

    Hi all, thanks for the responses. Marg, I don't think a lump sum is achievable, he has been retired for some time, and its a defined benefit system, so there isn't really a superannuation amount available to him, he just gets somewhere around $75K pa as long as he (or my mother) are alive...
  6. Murphy69

    Parents downsizing. Financing Question

    Hi, My parents are wanting to downsize from their current house and I have some questions on their behalf. They are both 67, fully retired. Dad is on a good defined benefits scheme (government) and has a gross income of around $70k. They own two new model cars outright, and have a caravan...
  7. Murphy69

    CBA's Transactional Offset

  8. Murphy69

    CBA's Transactional Offset

    Will it be possible to have a transactional offset that is in joint names, against a loan that is only in one name?
  9. Murphy69

    Whyalla

    Not an Army Barracks, but an Army Range. Barracks will bring soldier, families, support services and heaps of construction, but a range expansion won't bring much extra. Expansion of range will bring a small amount of construction and maybe a couple of extra range caretakers. There might be...
  10. Murphy69

    Organic Wine?

    Wineries and Brewery's use 'Finnings' to settle yeast and other fermentation products out of the product. Finnings work by binding to particles and then the weight causes it to settle out. One common form is gelatine, which will bind to particles, set, then settle. Another common form of...
  11. Murphy69

    Who in your household wears the financial pants?

    Hmm, We manage our own finances. I earn more, and pay most bills (rent, utilities etc), she buys the groceries (although if I go to the shops for something I'll pick up some groceries too. When we go out for dinner or get takeaway, I normally get it. I am very interested and active in...
  12. Murphy69

    Know anyone famous?

    I know Brad...not sure if I'd call him famous...I used to instruct on courses with him, and occasionally students would sneak some embarrassing video clips into the presentations... Murphy
  13. Murphy69

    User Name Meanings

    Well the 69 was my year of birth...not sure what you might have been thinking :rolleyes: Murphy
  14. Murphy69

    User Name Meanings

    A much loved (now deceased) dog. Sad to say, he had more character traits that I admired than many people!
  15. Murphy69

    Where to buy in Melbourne at my budget?

    What Aaron is saying is that if you make a serious enquiry with a bank then they will run a credit check and use a formula to determine your credit worthiness based on a range of factors. One of those factors is how many credit checks you've had in the past. So each bank you make an enquiry...
  16. Murphy69

    Unusual property no. 3 - Ham Radio Enthusiats

    Weekly WIA broadcast, goes out across Australia on HF, VHF, UHF, CB. Put it in as an obit one week, wait a fortnight and then put in a small 'potted history' of the place and mention its for sale. Amateur radio operators love their history, if you mention all the awards its received etc then...
  17. Murphy69

    Climate change?

    Aaron, regardless of the merits of the climate debate, the above is a flawed analogy. Weather and climate are two separate things. Weather is a short term prediction about conditions in specific areas, whereas climate is about long term trends. Not saying there isn't a connection, but the...
  18. Murphy69

    Anyone Invested in Whyalla?

    I've just signed a contract for a place in Whyalla Stuart today. Duplex/Maisonette on a corner block with a rear access lane way. Not that I expect any development potential in the short or even medium term in Whyalla. Currently rented for $170.
  19. Murphy69

    Changes to Online Ad after offer accepted

    Thanks for the reply Womble, Continuing to market a property makes sense, the agent needs to manage the risk of the buyer pulling out, particularly prior to exchange of contracts/deposit but changing the price within hours of accepting an offer seems to be overdoing it. There are a few on...
  20. Murphy69

    Changes to Online Ad after offer accepted

    Hi Very recently I put in an offer on a property and the offer was accepted. The agent said that they were mailing out the contract, and I have arranged for a B&P to be conducted before the cooling off period expires. Within hours of the agent saying they were sending out the contract the...
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