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Hi, Even our old mate Steve Keen has officially shut the door on the GFC. http://www.businessspectator.com.au/article/2014/3/10/economy/closing-door-gfc Well there you have it. The biggest bear on the block is predicting a virtuous cycle of positive economic news feeding more personal...

Hi Guys, As the thread title suggests, we're rapidly approaching that stage where I'll need to do skirts and archs for my new steel frame PPOR. Any ideas from the tradies out there? Should I just use wing techs or is there a nailgun solution I could use. Screwing sounds like a lot of...

Question: How do you know when you spend waaaay to much in interest with a bank? Answer: When your own "Senior" Personal Banker invites you to a business lunch and presentation by Bill Evans and you're seated at the main table with the State Manager... :D But it should be fun! I'll...

Hi Guys, Just wanted to plug my Property Manager in Mona Vale. His name is Stephen Scutts and he works out of Hardy's Mona Vale. I've been through a few on the beaches with limited succes, but since coming across to Stephen I've been blown away by how far he goes beyond the call of duty...

Hi Everyone, Well, we've decided to make our move to Brisbane permanent and have put our former PPOR in North Narrabeen up for sale. If we can't achieve the price point we want then we'll rent it out again for $800pw and we have excellent tennants lined up waiting. Given we now have the...

Hi Guys, As some might know, I've been working in the Steel industry for a while now as a Supply Chain Manager. Well, recently a headhunter cold-called me and put me forward for a similar role in the mining industry working for a Tier 2 company. Well, I was successful! I'm now going to...

Hi Guys, We just re-let our house in North Narrabeen in Sydney's Northern Beaches. The current tennants wouldn't commit to another 12 months and we didn't want it coming vacant in mid-Winter when they wanted to move out so we gave them notice and they're moving out in two weeks time. We...

Hi Guys, We've just settled on our new PPOR development site in Bardon, Brisbane. Its a 427m2 small lot which was recently subdivided from an existing dual lot with an old house straddling both lots. They've knocked the old house down and sold one lot to us and got a DA through for a new...

An interesting article supported with a nice factual analysis of the Melbourne market but with charts of all the national capitals. Make your own conclusions... Time to sell Melbourne housing? Sydney is looking good from both a GDP to land values as well as a dwelling price growth...

Its something any investor should know the answer to. So, what do you think would happen to current housing stock prices if the cost to replace those dwellings with new constructions skyrocketed? At a minimum it would make a lot of projects unviable and further compound any current shortage...

Global banks eye Australia: report Let the games begin. Cheers, Michael

Plan reveals city needs 770,000 more homes Yep, Sydney's future is looking bright if you're a property investor. Quote me on this: "Sydney will perform strongly over the next decade in both price and rents". Its not Mensa... Cheers, Michael

Hi Guys, Another issue of Herron Todd White's Monthly Review is out. Apologies if already linked somewhere. Feature review this month is vacant land. Interestingly, they've put Sydney Houses and Units both back to "bottom of market" which is a nice risk rating. They see only upside from...

Hi, This post might be a long one so bear with me, but I want to outline a simple thought flow and its logical conclusions which can help inform your decisions as to where to buy in Sydney (or other cities by extension). Let me formulate an argument and conculsion for you and see how it...

Hi, For anyone who is even mildly concerned by the almost hysterical and certainly relentless bombardment by the doomsday media in recent times, this article by Michael Pascoe linking the RBA and quoting them as his source might prove a nice steadying reality check. For those already lost...

O'Farrell pledges $5 billion Be still my beating heart. Surely it couldn't possibly happen... Cheers, Michael

Hi, Trade balance swings to surprise surplus Burgeoning terms of trade, rising paypackets, reducing unemployment, Nice... Wouldn't want to live anywhere else in the world right now! :D Cheers, Michael

Statement by Glenn Stevens, Governor: Monetary Policy Decision The commentary above is very hawkish. No if's, but's or maybe's, just a very strong case for why rates went up and will do so again. Glenn Stevens is being unambiguous and is sending a clear message that this isn't the end of...

Text of a letter from a kid from Eromanga to Mum and Dad. (For Those of you not in the know, Eromanga is a small town, west of Quilpie in the far south west of Queensland ) Dear Mum & Dad, I am well. Hope youse are too. Tell me big brothers Doug and Phil that the Army is better...

I was just far too busy having just returned from a one week ocean cruise with my beautiful wife and I completely forgot it was actually our anniversary yesterday. I think she must have forgotten too as she didn't mention it. Either that or I'm in REALLY BIG trouble... Help me out people...