Has anyone seen a site with data comparing asking prices with sales price for QLD? I remember seeing it a fair while ago but can't seem to find it (I have used the search function). Any help appreciated.
Many thanks
Shane
Hi
For those who are into the macro economics, here is a set of videos recording the 2010 Troika Russia Forum.
A panel of international experts discusses the economic situation for 2010 and beyond. Panel includes Marc Faber, Hugh Hendry, Nassim Taleb, etc etc. A who's who of shakers and...
http://www.theaustralian.com.au/news/nation/rba-warns-on-wage-claims-as-markets-face-fresh-uncertainty/story-e6frg6nf-1225827295540
Is it deja view all over again :) ?
Cheers
Shane
An interesting article by John Taylor (created the Taylor Rule for interest rates) discussing the options for America with its burgeoning debt problem. Raise taxes 60% or inflate at 10% pa? Which would be politically more palatable and therefore more likely...
I know that Keith has cited the RBA paper that highlighted the increase in discretionary income over the years contributing to the housing boom. Now an article from the Australian
http://www.theaustralian.news.com.au/business/story/0,,25340236-36418,00.html
cites that real wage growth from...
Now this is inflation. By the time this 10 trillion dollar note arrived in the post from Zimbabwe it was superseded by a 100 trillion dollar note.
A piece of history.
Cheers
Shane
Hi Everyone,
May you and your loved ones have a merry Christmas and a happy and prosperous New Year. May you find inner peace and harmony and the world be a less turbulent and more tolerant place for all its peoples.
Cheers and best wishes to all.
Shane and family
Hi Mods
Maybe we need a time out facility where members are locked out from posting for say a week for less major infractions. Its a worry if in these stressful times for some people that we only have in or out. Sometimes things are posted in the heat of the moment or under the influence that...
Hi NR
Continuing on from our discussion earlier about your "soft depression" thesis, I am interested in what you feel the economic conditions might be if you are right and the AUD goes to 0.38. What do you think will happen to
1.GDP?
2. Interest rates initially and later
3. Inflation...
Hi
Has anyone used these insulation products and would care to comment on effectiveness, ease of installation etc.
All comments appreciated.
Thanks
Shane
Fantastic. Times are uncertain....we actually have a surplus and room to move on interest rates to stimulate the economy if we need to and we go back to the future
http://www.news.com.au/business/story/0,27753,24417304-462,00.html
Cheers
Shane
Growing concern: population boom expected
This may be interesting for some.
http://www.abs.gov.au/AUSSTATS/[email protected]/ProductsbyReleaseDate/5A9C0859C5F50C30CA25718C0015182F?OpenDocument
Cheers
Shane
Hi
Just had an interesting chat with Suncorp whilst insuring a new purchase. The replacement cost calculator worked out that it would cost a shade over $800K to rebuild the property in basic level ($689m2 of building). The property only cost a shade over $600K with land and has recently been...
http://www.knightfrank.co.uk/press/global-price-index-q2-08.aspx
Global house price inflation continues to slow, with annual growth standing at 4.8% during Q2 2008, down from 6.1% in the previous quarter
Lithuania, Denmark and New Zealand have joined the group of countries where house...
Hi
I went yesterday to a presentation in Brisbane. Bill Zheng has modelled the contributory components of price growth for housing and the effect of each component on the price over the last 25 years. I thought I'd share some of his thoughts.
His conclusions were that real wage growth and...
Hi
I found this article in the BRW interesting and thought others might as well. Also a chart of long term variable interest rates over the last 49 years. The horizontal line is the long term average.
Cheers
Shane