The forum has turned quiet again. There were quite a few slanging matches going on. The Holy Wrap Crusaders turned on a few people for not agreeing that Wraps will save the world, cure cancer, colonise other planets, deliver world peace & harsher penalties for parole violators.

Some of these people have now left, while others seem to be posting less. Steve got tough with a few people over slanging matches, but apparently he’s not the messiah, he’s a very canny investor.

I seem to come here less and less often

ANUBIS

We have a few IP’s in Tas and after talking to agents last week, prices seem to be cooling/easing backwards a touch.

Silly to buy on a flood plain anywhere. Makes it hard to sell again and has implication for your insurance.

Can I ask why an off the plan unit rather than an existing house. I’m biased against units personally, but I think if you are buying because you expect a capital gain in 2 years, it might not be the best idea to buy a metropoliton high density unit.

I don’t think Brisbane is any better off than Melbourne or Sydney when it comes to over-supply. There seem to be thousands of units for sale at quite high prices. I’d be interested to know where the thousands of new tenants reqd will come from.

My personal (remember I’m biased though) opinion would be that you may be (very) lucky to be break even with the purchase price in 2 years, never mind the actual cost of owning it if -ve geared.

A.

The Tigers a smokey!! Guys, no way. They are pretenders not contenders. Their gun recruit is a small forward – they can’t even deliver to their tall forward. Another year of heartache for Tiger fans.

It’s put up or shut up time for the Saints this year though – I’d expect them to crack the eight. But my (very biased) opinion is that the Swannies will sweep all before them!

The Tigers have the potential to be a strong BOTTOM four side, and Essendon should hover around 9 or 10.

Another year for the interstate sides I reckon.

Leigh – I’m not sure, but Campbelltown (TAS) is pretty small, and too far from Launceston to have benefitted heavily from Tassie’s rising prices. I hear short term accomodation will be built on the land.

I have family that live in Ross and they are telling me that there is a waiting list for rentals down there though.

100 is the average, so 119 is pretty good, never mind that you didn’t do it all [].

I like your logic Blackjack – I am going to crow about the 165 forever []

I think the only drawback was that normal IQ test scores are also based on how long you take to complete the test. Since you had no control over the time, it may lower your score.

I scored 132 last night yet when I did a proper test I scored 165 – the highest possible was 140 last night.

Good point WayneL. You can’t expect higher income earners to subsidise the whole nation without some benefits for them. It leads to hiding income offshore or perhaps even investing in trust structures to minimise tax paid (that was a little naughty of me to bring up [][])

The tax rates are certainly a dis-incentive to earn more. Why should higher income earners contribute more income (above a certain threshold) than any other group. Maxing out at 30 would be far more palatable.

We are very highly taxed on income in Australia – there are some countries with higher rates, but not many. Even the US has a top rate in the 30’s.