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This is probably a dumb question but I'll ask it anyway.... The scenario is if I redeem my credit card points to get multiple $100 Myer gift cards, and then use those gift cards to purchase a laptop which used for business purposes, how would that be treated for tax purposes? Is there any...

Here's what the Residex crystal ball says the median values will be in 5 years. The growth rates are very low, with Sydney the highest on 4.95%p.a. If these predictions came true, would it be worth your while to hold for this long (particuarly neg geared IPs)? Nov-08 Nov-13 ACT $450,500...

What a year, what a race. :) I've watched F1 avidly for 20+ years but I've never seen a finale like that one, although after all the dramas of the year it was a fitting finish. Early this morning the F1 drivers championship was decided with an overtake on the last corner, of the last lap, of...

The old thread was getting a little long so I thought I'd start a new one. Here's a spreadsheet with the latest Residex value indexes for the capital cities up to April 08. Enjoy, and happy charting :)

This is for those parents of a disabled child and relates to a rule/exception I only just learned about. Parents can income split (eg through a family trust) to a disabled child without getting slugged the penalty tax rates that usually apply when distributing income to kids. A disabled...

Hot off the press 0.7% for quarter 1.7% for year I think this is good news for interest rates. <--- forget I said that

Hi, just wondered if anyone here could share their experience with the Rinnai hot water units. I'm selecting one for my PPOR which will have 2 bathrooms & (eventually ;) ) 5 people. I'm pretty well sold on the concept, but am having trouble deciding between some models that give 24L/min...

Here's a link to the Residex month by month price indexes for the capital cities (house & unit separate). It seems to be a newly released info source from Residex. For those that have a bit of knowledge of excel you'll be able to convert the indexes to prices. Enjoy :)

Here's the latest HTW report which has interesting reading on new land releases. If anyone can make sense of their view of where they think the cities are in their cycle I'd love to hear it (see chart attached); particuarly Adel, Melb & Bris all of which I think should be "Rising Market"...

I've fired up excel again, cranked the handle a couple of times and come up with even more meaningless statistics on capital city prices ;) This time it's the turn of correlation, as in the correlation of the prices and price movements between the cities, see the attached table for the...

A couple more meaningless graphs for my fellow analysis-paralysis travellers :) The graphs below show how the current (May-07) city median values compare to the average of how their values compared with the other capitals since 1996. The more negative the value the "cheaper" the city is in...

I'll get to house prices in a while ;) There's a couple of well known stories on the nature of a geometric series. The first is the lilly pad riddle which is "If the number of lilly pads doubles every day in a pond, and it took 30 days to completely cover the pond, how much of the pond...

some reading for those that can't get the age easily.....

... don't quote any price in writing. :( Well that seems to be the tack that some agents like Jellis Craig and Marshall White have just started taking this past week for inner Melbourne properties. At least in the old days buyers could take a (admittedly underquoted) quoted price and add...

I'm curious whether there are any others riding to work? I'm a bit of a late comer to the whole cycling to work thing not having riden a bike since my mid teens, but last December I bought a bike and started riding it to work. At first I thought I'd do it a couple of times a week but I soon...

Not sure if this has already been posted, but if not, enjoy :)

This article from the Age this morning goes part of the way towards explaining why the market (particularly inner and middle) in Melbourne is healthy - strong population growth. Auction clearance rates have been over 80% the past few weeks, and this on the back of good growth last year...

I must have been living under a rock. I always thought lead paint was a bit dangerous and something to be treated with a bit of respect..... you know, try not to swallow whole chunks of it and what not. Boy was I wrong. :o Lead paint is dangerous with a capital "D". Think asbestos...

Recently the State Library of Victoria (cnr Swanston & La Trobe) started getting the API magazine. The current edition is available in the redmond barry reading room, and quite a few back issues are in the journal section (the room off the reading room towards Russell Street). There are a lot...

The search function doesn't seem to recognise double or single quotes as meaning to search for a complete phrase. Is there another way to search for a phrase? Also, is there a "AND" function that can be used to only find posts that match both key words? cheers :)