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  1. BayView

    Housing affordability improves as rates, prices fall

    300! there's a few head aches for ya! :D Well done for sustaining that level. In our industry that is not a luxury anymore; it is hard to get many applicants at all that are local, properly trained and with relative experience, so you end up having to take the best of what's available and hope...
  2. BayView

    Housing affordability improves as rates, prices fall

    Don't even think it. No-one wants any injuries at the workplace. Not saying we don't need it; was just illustrating how it is a very significant part of a cost of labour, and a real factor in the lack of competitiveness in manufacturing in Aus. I don't manufacture anything, but I know that the...
  3. BayView

    Housing affordability improves as rates, prices fall

    How many staff do you employ TF? Sick leave is far too open to abuse here, and is abused. I am lucky atm; my boys are very dedicated, but it's not always the way it goes. If it wasn't, then companies wouldn't have to introduce a "no-sick leave day either side of a public holiday w'end...
  4. BayView

    Housing affordability improves as rates, prices fall

    Case(s) in point; 1.Teachers (I am a total supporter of Education and teachers, by the way - but...) - amazingly and totally accidentally were able to arrange a stop work day on Thurs, and a curriculum day on Friday...right before the Queen's B'day long w'end. 2. Building Trade - amazingly...
  5. BayView

    Housing affordability improves as rates, prices fall

    Correct; why would you bother being anything else? bwahahaha! :D Sorry; shouldn't laugh. Would you like to be the first to volunteer for the necessary income cut? Um, I reckon the big boys on the board of directors have looked at this over a beer in the pub, and have already worked out that...
  6. BayView

    Housing affordability improves as rates, prices fall

    What he said. Unless we can get back to a labour cost comparable to the "new" economies... The USA has the benefit of a never-ending supply of laborers who walk across the border from the south to keep their costs low. We unwittingly killed the golden goose a few decades ago -...
  7. BayView

    Housing affordability improves as rates, prices fall

    Who's concerned? Didn't you hear the news this week; the latest GDP figures say it all! :rolleyes: :D
  8. BayView

    Housing affordability improves as rates, prices fall

    There was once a time when banks would only allow you to have a total of 35% of your gross income tied up in loan repayments across all debts. Then they relaxed their rules for a while, and things went bad, and then they went back again. The problem is; a lot of folk want to borrow more than...
  9. BayView

    Housing affordability improves as rates, prices fall

    All sounds great, but the average first home buyer going out to look for a property prolly won't see a massive diff in their repayments calculator after this most recent cut. It'll be interesting to see the next quarter's figures on volume of sales.
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