Search results

  1. T

    Are we on the cusp of an upswing for property?

    I wish! In Australia we have been handing out cash, building 40bn NBN schemes and school halls whether schools want them or not. We have to build things that make business competitive. Those who need IT infrastructure can get it in capital cities. Other business wants, good roads, to...
  2. T

    Are we on the cusp of an upswing for property?

    Banks Loan assets and potential growth in loan assets - at what price? I think that is the sleeper issue for our housing market. Proper pricing of risk as banks create loan assets. While it may seem fantastic for you guys that banks are offering special discounts on LVR's sub 0.6 and indeed...
  3. T

    Are we on the cusp of an upswing for property?

    Actually apologies for the hyundai quality remark it is reasonable quality. I don't know what woolies does to it from the farmgate to the store but it never seems as good as the butcher who in WA are more expensive than woolworths... Lamb is more forgiving in my opinion and I would cop...
  4. T

    Are we on the cusp of an upswing for property?

    At least you live in Melbourne. You have that wholesale butcher near Mordialloc, I think it was called Braeside Meats? The missus used to buy meat there. Rump etc typically $15.00 per kg for quality. Now I am in Perth the only way to get value is to buy whole sides of meat. Having lived...
  5. T

    Are we on the cusp of an upswing for property?

    Don't worry for them due to government red tape, regulation around labour, our ridiculously expensive workers compensation schemes esp in NSW and finally actually taxes on employing people like payroll tax; they still cost companies plenty per hour so anything business actually does with them...
  6. T

    Are we on the cusp of an upswing for property?

    The strangest thing is; around seafood we cannot even afford to buy our own... We have to settle for Vietnamese Catfish and at best NZ produce because the Australian stuff is bought for more OS. You would have thought with the dollar at 1.05 we would be able to afford some of our own...
  7. T

    Are we on the cusp of an upswing for property?

    An 8% margin and an 8% p.a. return are very different things. I think the likes of supermarkets had a 17 or more times per annum throughput on stock. Milk and the likes many more than 17 times sold per year other things less but about 17 times overall on average. That is buy the same item...
Back
Top