First things first Darren – are you going to be providing advice and are you licenced too?
The biggest hurdle you will face would be credibility. As you probably know, as a group, RE agents aren’t held in the highest esteem, and most people would run a mile before looking for investment advice from one.
Are you a successful investor or is it theory? Anyone can learn theory but few actually put it into practice. If you are not an independently successful investor with a high net worth it makes it a hard sell to convince people to take your advice when you haven’t done it yourself.
Must be a special price at the Pitt St Sydney store. They even had special stickers on them last week when I checked. I’ll check again today and let you know.
We edited your original post thinking it was an error as we rang Broders to check your stated low price as it sounded unusual. They confirmed that the price they are selling it for is $29.95.
Median price for Rosebery was 25k in Dec 03, but by Mar 04 had reached 39k and 42k in June 04. A rise of 68% in 6 months – mainly attributable to mainland investment.
Now being a Tasmanian, I can tell you there is nothing attractive about Rosebery.
As for mining there only appears to be Zinc being mined there now – which is sent to Hobart for processing – and if you did some research you would find the Zinc commodity prices are depressed world wide.
Yeah, I know we’re on the same page here :o) We just have different opinions on things- remember, I’ve always complimented you on your posts on property… it’s your posts on politics where we differ
No crossed wires, I just thought Kay’s quotes were hardly a fair comparison.
Quote “Did you know that 100% of state government funding for primary and secondary schools goes to the two thirds of government school students and 0% to the one third of non-government school students” – Anubis Sept 9, 2004
Yes but the implication was the non-govt schools receive more funding than govt schools which is untrue and the uni fact is not comparing on a fair basis – it’s like saying that education funding in the USA is more than in Australia, it’s true, but they have a higher population. It’s a play on words
Forgot to add that private school funding from the Fed Govt is based on Socio Economic Status.
Quote “Schools which draw students from areas of predominantly low SES receive Australian Government funding of up to 70% of total public expenditure provided to a student in a State government school. Schools drawing students from the wealthiest areas receive just 13.7% of total public expenditure provided to a student in a State government school.”
So a non-government school can never get more funding than a government school.
Nice twist. Yes proportionally FEDERAL GOVT spending is higher on non government schools. The Fed Govt provides about 12% of total government school funding – as they are run by and the responsibility of STATE GOVT, the state provides 88% of total funding. The state Govt commits no funding to non-government schools.
On top of the $2.5 Billion in Federal funding, governemnt schools receive an additional $19.3 Billion in State funding for a grand total of almost $22 Billion annually.
The number od students attending university is a great deal smaller than the number of kids at school and since funding is based on headcount it stands to reason that the toal $ amount would be smaller don’t you think?
You can check my figures at the Dept of Ed website.
If all schools were public schools, and a whole smogasboard of different types of schools were available, then all children would have a choice. It’s not like they are pushed into a school where they don’t want to be. They have many choices.
Schools would have equal value in the eyes of parents, and in a community.
It would be more a choice of their own.
Celivia
Not quite – most schools are based upon catchment areas so you could theoretically choose based on what school(s) areas you live in.
The simplistic choice of attending wherever you wanted would soon be taken away from you if everyone could choose what school they attended. You may have one school with 25,000 children wishing to attend and another with 5.
Any system has to have checks and balances and it isn’t feasible to have 20 different types of schools in each suburb.
Abolition? Yes, we are certainly a product of our environment and schooling :o)
Last year, there was more spent on private schools than there were public Universities :o(( Now, private Universities (Notre Dame and a bunch of others) are increasingly getting public funding. Notre Dame is starting up two new campuses in sydney, and is getting a $43 million grant from the Federal government for capital works. They will have a bunch of nursing places… and meanwhile, the sydney university undergraduate nursing places are all being lost.
Private education can have a place, but it is a shocker when public places are lost to private institutions. It’s hard for the public sector to compete when it becomes defunded. There’s no “choice” in that.
kay henry
Are you comparing non government high schools to public university? If so – fair comparison…NOT.
Or are you comparing actual dollars spent on private unis vs public unis. If so please state source.
Luckyone – why is that so? Parents of private school kids pay taxes too – does not some of that tax money deserve to go to their school, private or not?
BTW many catholic schools are private in name only – they charge nominal school fees, and if parents cannot afford the fees ut still want their kids to have a catholic education other agreements are reached. I’d say many of these schools would go bankrupt without government funding.
I know the catholic church is a wealthy organisation but don’t confuse that with the low level parish or school.
Can’t agree I’m sorry. If parents wish to send their children to an institution that means something to them, i.e. they attended themsleves, or wish to provide better perceived options post high school via a perceived ‘old boys’ network, that is their perogative.
True, not all of us could afford to send children to a private school but living in a democracy is about having choices.
The funding issue a non-issue for me. The vast majority of funding goes to government schools.
Think you may be confusing things a bit. It’s a long bow to suggest the FHOG caused the property boom – more like speculative investors and the FHOG was introduced as compensation for GST increasing housing prices.
It was the NSW govt who introduced the investors tax no the federal govt.
I think the rules were tightened rather than re-written to stop investors taking advantage of the FHOG. You know have to live in it for a period of time, where the previous wording left living there open to interpretation.
Subsidised rent at 25% isn’t something I know about but it sounds pretty decent to me. If your subsidised rent is the same as private rent maybe you earn too much to qualify for govt housing and it should go to someone who really does.
Have to agree with Kay – if all you care about is impact on property investing I think you need some perspective.
Agree with Kay again about our political system -when you can win the primary vote but lose on preferences, you know it’s not a fair system.
Personally I’ll stick with Howard and Cozzie. Labour has a history of being reckless with money, incurring budget deficits, spiking inflation and all the other good things that go along with that.