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Trouble is, to me, this is a secondary employer. These jobs relie on the NBN being made but who is funding it, us. The taxpayers $ is underwriting the BNB. It is stacked up business wise some Mega Telco would have bided to do it like in the failed tender. I wan to hear, new Aussie technology...

Yes but the media feeds on what we want to hear. We are programmed to look for risk as humans hence bad news makes the news. Good news dies because no one whats it. Most of the threads here are risk : case in point: Look at this title. I don't remember a VIC going OK or expanding thread...

Agree it is hysteria as to the actual real risk. And at the time it was seen as a great product, strong, light, fireproof, waterproof, etc... In hindsight we are all wise. Peter

Well that is good to see not a Pollie so I stand corrected. Jobs grow may be slowing in WA but in VIC jobs are bleeding, everywhere. Latest is Target to lose 1000 from head office in Geelong...

As all Pollies do, JOBS is what matters. Are jobs going, slowing or not even beginning. Peter

More bad news for VIC and SA. http://www.news.com.au/national-news/holden-announces-another-500-job-cuts-the-bulk-of-them-from-south-australia/story-fncynjr2-1226615030091 Holden to cut 500 jobs, 100 in VIC engineering. THis is after $200M in Fed and $60M in State Funding. SA Premiers says...

Nope, picking up apartments from distressed sellers in SEQLD and West SYD. CF+ Peter

I know a few doing just that. Buy at great prices now and lock in great rates. It really is that simply provided you can hold it. Went over friend numbers yesterday he has $1000 under $3,000,000 in debt, Equity $4M. We played out a number of worst case scenarios of what could bring him...

Could be , only future can tell. I think, like the share market, the market drops but then someone says, this is a bargain at $$$ as it was $$$$. They buy. Then buying stops and the price drops to $$. REA moves in jumps and pauses when measured. In five year time, 2013 will be either...

No IMO. Prices holding. No confidence.

Yes but what we don't see if the real measure of unemployment. Full Time Jobs versus Part Time Jobs. The Types of Jobs. Even the fact more people are retiring then entering workforce. I.e. this http://www.rossgittins.com/2013/02/how-demography-is-affecting-us-right-now.html Peter

+1 Peter 14.7

I respectfully and sadly disagree. VIC is sick and needs a Kennett style hard medicine solution. Wish ti was not, as i have more than a few IPs in VIC but there you are. IMO interest rates don't matter when you don't have a job. And I support the Swans who are the GF champions...

Agree. As a Victorian and businessman. Like it or not, VIC is manufacturing and agricultural economy , and both are dying due to unfair overseas competition and high $. There is talk of "smart tech bus zones" but most blue collar Aussies are too stubborn to retrain and frankly, why would they...