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A fair tax is a tax on profits or a percentage of payg. Why should we be taxed just for holding something? Property isn't profitable all of the time. It's just as stupid as Payroll tax. There are companies out there with 3 or 4 staff turning over a couple of million dollars, highly profitable...

Sounds like a tax system just tailor made to suit you. :p

I don't think they will go up until at least mid next year. Seems to still be very patchy. I think overall people are doing better but the ones doing better seem to be hoarding cash rather than spending perhaps due to a lack of confidence. Once confidence picks up a bit more and they spend...

At the moment in Sydney there are 27% more cranes in operation than last year. Hasn't been this much work since before the Olympics. Prices are still cheap though. Bit of a wages outbreak going on as subbies try to find blokes for the work they are demanding higher wages. A lot of apartments...

buildings...

Tell him to come to Sydney, holes being dug everywhere.

I was in China last week. Those wind thingies are everywhere. None of them doing anything though. The locals were of the opinion the government is just doing it to look good to the rest of the world.