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  1. Yesterday
  2. Back in the day (80s) when we had hope that society could live without racial, social, political, and mental enclaves. Break those walls!
  3. Maybe that's OK. I think it would have been better to just require financial assets if you are an older migrant instead of charging big money for a visa. That will make them less able to look after themselves in old age.
  4. The guy I met had a profession on the "highly skilled migrant list". His relative is a dentist. It's a point-based system, age is a factor so it costs more (the dentist is in his 50s). If you're willing to buy a few million dollars worth of government bonds you'll get residency regardless of professional background.
  5. Last week
  6. Good you're still here, though!
  7. Life in the mid-50s is totally crap. Every one of my parents' generation are now dead. Parents, uncles and aunts and their friends. This has been a decade of death. All my old friends are ageing and growing tired. I have less and less in common with them and I think I have lost all of them now except two. Making new friends is virtually impossible. My wife and I are heading towards our 60s and she's still my soulmate - that's sweet but sad to watch the slow decay in us both. As I'm watching old music videos from the 70s on Youtube I remember what it was like to be in the early teens full of enthusiasm and passion for life. That was 40 years ago.
  8. Man - that sucks! Are those the rules? You can buy yourself a visa?
  9. I met a friend of a friend on the weekend, who moved from Russia to Australia as a skilled migrant a few years ago. He said it cost him 10,000AUD a visa for himself and his wife. Her parents are looking to move as well now (her step-father is a medical professional). Apparently because of their age it costs 60,000AUD each to get residency - 120k for a couple. This is the kind of thing that is propping up a weak economy - capital inflows from migration. Not just from visa fees but the capital they bring with them. I recall reading an article in the year where it stated Australia has the most millionaire migrants in the world (that is net, not per capita). It's why immigration levels is a taboo topic and no major political party will touch the subject. The Australian economy is in terrible shape and turning off the migration tap may trigger a deep recession.
  10. I would like to be abducted by perky young cheerleaders but hasn't happened yet!
  11. The only thing that could drive a boom is massive influx of capital (unlikely? who knows) or China/central banks stimulus (they've done it before). Maybe a world war would be a positive outcome economically if Australia was not directly involved (safe haven, provider of supplies, etc.). IMO the country is already in recession regardless of what statistics are being trotted out by government officials. The macro indicators out of China are not positive either. It sounds like the banks have essentially brushed off the Royal Commission so they may get back to their old habits if left unchecked... that may provide additional stimulus. The AUD continues to tank, I'm actually on the positive side of holding Russian Rubles! Good thing I'm holding USD and XAU too. I know I'm an old fart, but remember when gold was less than $1,000AUD/ounce - it is now $2,200. A crack-up boom is possible, but I think she's dead, Jim!
  12. Earlier
  13. Who knows. Perhaps in this area of Brisbane.
  14. Thanks zaph. So - bubbly boom time ahead again? What's your take on the future of the Aussie economy? The previous bubble was driven by a mining boom and an impulse response to record low interest rates. What could drive the next housing bubble?
  15. I've noticed an uptick in my area recently. More old listings being sold and new ones selling quickly. Not yet sure if there has been an increase in prices though. https://www.news.com.au/finance/real-estate/brisbane-qld/spring-swing-underway-in-brisbane/news-story/dc29ff62486d11c431c771eedda3589b
  16. BTW, zaph - how is the Brisbane market now? I’m thinking about buying a place in the next few years. Just a cheapie inner city unit.
  17. It is not just tor, it seems everyone has been abducted.
  18. Looks like Tor has been taken by a band of ninjas. Must have left is bayonet at home...
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