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  1. O

    Does "aussie John" have a hidden motive?

    Link to Full Transcript If you happened to miss the Sunday program then here's a link to the full transcript: Cover Story, Sunday. 10th October 2005 Safe As Houses
  2. O

    For $ale: Ultimate Real Estate Coaching Course

    Ah, yes. It always pays to look in the options page. Thanks for pointing it out, Aceyducey!
  3. O

    For $ale: Ultimate Real Estate Coaching Course

    Yep, got it thanks. They really need to make the inbox feature flash or something when you get a PM - I always seem to miss them.
  4. O

    For $ale: Ultimate Real Estate Coaching Course

    Bidding started @ $5.00 and I'll take whatever people are willing to pay. These tapes were given to me when a real estate friend of mine moved overseas. I had no idea of their worth until I looked up Mike Sheargold's website and his current offerings.
  5. O

    For $ale: Ultimate Real Estate Coaching Course

    An audio tape is a relatively narrow magnetic tape used to record sound for subsequent playback. The technology was introduced by Philips circa 1963. :) You can always purchase the CD version for a mere $395.
  6. O

    For $ale: Ultimate Real Estate Coaching Course

    For those who are in the business of selling real estate or contemplating a career in the field, I am selling a set of audio tapes titled "Ultimate Real Estate Coaching". Click here for details
  7. O

    The end of the party

    If you're posting an article from the SMH people would probably prefer if the whole thing was re-posted with the necessary credits as their website requires registration to get to the stories. The personal details you have to give up for the process is less than justified.
  8. O

    Equity

    That's hilarious, aussierogue! Tongue in cheek maybe but more than a grain of truth. :)
  9. O

    Do you have an IP Financial Plan to get you to retirement?

    That's a rhetorical question. It goes without saying, the higher the risk the greater the expected return. Try posing that question to someone who played the tech stocks during the recent IT boom.
  10. O

    Low Blows Likely From Low Doc Loans

    Yes, but the tax man would be much happier if people didn't lie on their tax returns either. The ATO is using the loan declaration as an easy means of catching you out in a lie. Using the above workaround gets around this problem but it still won't stop the them from targetting low doc/no doc...
  11. O

    RBA want Negative Gearing Scrapped

    I would presume most politicians would be piling their income into their super rather than investment property considering how overly generous their superannuation packages are. It depends. If voters can be convinced that the government can prevent a repeat of what happened in the 80s it could...
  12. O

    RBA want Negative Gearing Scrapped

    Getting rid of negative gearing is a disasterous move. Even if a housing bust is averted it is still going to be detrimental if prices head south or stays flat for years. Many investors/speculators will end up losing money. "Hooray!" I hear the first home buyers shout but they mustn't forget...
  13. O

    Home owners taking on more risk

    Sure, Pete, you have all the right in the world to think that it's useless but that's your opinion, of course. Statistics are just numbers. People try to extract trends and projections based on these figures. Sometimes conclusions are drawn from the analysis but it doesn't mean that it's...
  14. O

    Home owners taking on more risk

    Precisely! That's all it said. The only conclusion drawn by the author was "Home owners [are] taking on more risk", as summed up by the headline. Nothing more, nothing less. It may be stating the bleeding obvious but it's not deceptive or biased in any way. I also think the statistics presented...
  15. O

    Home owners taking on more risk

    Ah, the head-in-the-sand approach. I can picture you with your hands over your ears going "lah lah lah lah lah". Sorry, it's not a dig at you or anything Pete. It's just the image that I get when someone tells me they don't buy the paper or watch TV, especially if they don't like what is being...
  16. O

    Low Blows Likely From Low Doc Loans

    I think a lot of the government authorities are genuinely concerned about the "lack of history with this type of lending". They don't have any past data to base their risk assessments on. As the article mentioned, the credit cycle is different this time around and since interest rates last...
  17. O

    Low Blows Likely From Low Doc Loans

    Low Blows Likely From Low Doc Loans By Alan Kohler February 16, 2005 Whenever someone says "it's different this time" while talking about business cycles, I generally look at my watch, make an excuse and wander off. But in at least one interesting respect, the Australian credit cycle is...
  18. O

    Rate fears mount as jobs boom

    Peter 147, you are using gross income figures. A person on $80K is going to be paying top tax $$$... To be exact, $24,407 and that's not including the Medicare levy or HECS. Our tax rates are not tied to the CPI so we are in effect paying much much higher taxes than we were in 1990. Then there...
  19. O

    Banks dirty secret

    nat r, you need to read the posts from page 2, in particular posts #17 to #26.
  20. O

    Banks dirty secret

    Well put, aussierogue. Like Punchy, I too long for the good old days. Society today is driven by too much greed in my opinion. Corporations only care about the bottom line and "shareholder value". What ever happened to social responsibility and bettering society as a whole? People worry too...
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