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I thought ownership of land gave you no claim over the mineral rights i.e. they could get the right to mine without buying the land?

? must be a Melbourne thing. In Perth they can't even get people to settle on the stuff that's been sold. yes some funding is available, tho the guy I heard about on TV the other day couldn't get it... experienced large scale developer with a fully sold project. I understand that if you...

they really don't care Chomp. the banks are taking real losses just to pull cash in. I believe that they need to sort out the commercial property trusts later in the year hence the cash grab. All development hurdles have been lifted impossibly high. you only have a shot if you have an exisiting...

even worse news for the owner of the land. Vals have fallen but this smells of a valuer serving the bank more than serving their client

valid points, but seriously where can any supply come from? govt is hopeless and there is no funding to develop.

per the latest release from RP Data, perhaps ANZ was right and we are headed for the mother of all housing booms.

BC what are your latest opinions on the illuminati power/asset grab? it would seem it is all backfiring horribly - a collapse in the USD and the US economy will see them completely sidelined whilst the dawn of the asian century really starts to shine. Or do you see this as part of the process in...