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About wim

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  1. http://house.ksou.cn/p.php?q=Weston&sta=act&id=61835&address=10+Souter+Place%2C+Weston A10 Souter Place, Weston Sold $505,000 in Apr 2015 [Rectify] Last Sold $460,000 in Sep 2009 Rent $430pw in Apr 2011 House: 3 1 4 Land size: 769 sqm [Measure] Agent: Peter Blackshaw Real Estate Woden & Weston Creek Distance: 8.7 km to CBD
  2. http://www.abc.net.au/news/2014-11-07/qrc-says-coal-industry-pay-cuts-better-than-no-jobs/5874216
  3. http://www.abc.net.au/local/stories/2015/02/13/4179909.htm
  4. They both agree with the FIRB. Labour removed the limits for maximum prices for overseas students. It doesn't matter who you vote for. Both are for massive immigration regardless of the effect on current residents.
  5. There used to be a sales tax ranging from 10 - 30% but it was on the wholesale price of some goods. This sales tax was removed. That system was very complex. I can't remember them saying they would markedly reduce income tax, but thought they said they would get rid of fuel excise and stamp duty. I have no major issues with the GST. I would like to see it extended to fruit and veg. I'd also be interested to know what the impact would be if it existed on debt interest.
  6. I heard that on the ABC as well. It sounded highly unlikely to me. Has anyone seen any proof?
  7. Include buying a house and land in CPI and see what the real interest rate should be. The RBA had the chance of preventing this and were a primary factor in further inflating the bubble. Does anyone know why Australia has a target band of 2 - 3% CPI which is nearly double the 1 - 2% of Europe.
  8. Include buying a house and land in the CPI
  9. If I was a really good property investor. I'd concentrate on buying properties and making money. Why would I concentrate on convincing other people to buy properties. If I was retired I wouldn't need to run a company getting people to buy real estate. It's always unclear to me just how wealthy these property investors are. $30 million of property purchased in the last 18 months. The sooner our society recognises the difference between owning a house and paying off a mortgage the better.
  10. It's okay, you can negative gear shares as well
  11. I'm guessing that most of the "foreign" landlords in NZ are actually New Zealanders living overseas. From the ABS numbers: http://www.abs.gov.au/AUSSTATS/abs@.nsf/Lookup/4102.0Main+Features50Sep+2010
  12. The government clearly records all sale prices and these should be made public for no charge. A market where people openly know the prices would be an improvement on what happens now.
  13. I thought I remembered hearing that when mains water was introduced even those people who were self sufficient on tank water needed to pay water connection charges. They could well do something similar for grid power.
  14. I lived in Mong Kok for a few years and worked in Sham Shui Po - the poorest suburb in HK. It's a different world over the Kowloon side. I remember reading an article that something like 50% of the kids from that suburb had never made it to Hong Kong Island. The ferry trip at the time was about 2 HKD I think - 25c Australian.
  15. I'd just like the government to produce reasonable statistics and confirm that they are actually enforcing the rules. - Do students really sell their houses when they leave? - What checking does the government actually do - given both Chodley Wontok and the zero foreign buyer rejections - How much money is going into existing housing? And the key thing: are the existing rules in the best interests of Australians.