Arnoldus replied to the topic Commonwealth bank reduces servicing to 8%! in the forum Help Needed! 10 years, 11 months ago
Looking in my own backyard and what's happened in Moranbah, Dysart, Blackwater, and Emerald, it seems CBA is finally wisening up to the risks of investing in mining towns.
Arnoldus replied to the topic Rockhampton’s vacancy rate double in few months in the forum General Property 11 years ago
The median price in Norman Gardens was being propped up, perhaps to an abnormal level by the sale of "premium" houses/estates east of Norman Rd through 2010 – 2012. I'm a bit bearish on Rocky at the moment, there's lots of supply coming online and heaps more in the pipeline, and the council de-amalgamation and ridiculous rates rises for IP…[Read more]
Arnoldus replied to the topic LETS GIVE OUR FARMERS GRANTS NOT HOLDEN in the forum General Property 11 years, 3 months ago
It's too complex a situation to suggest that money should be taken from one and given to the other. Both industries receive government assistance and tax breaks, and both have to compete with foreign competitors who receive even more government assistance and tax advantages.
Arnoldus replied to the topic Who invested in Dysart? Mine is closing….. in the forum General Property 12 years, 4 months ago
robrok wrote:
We have been working property in the Bowen Basin for the best part of 8 years now and having seen our fair share of property cycles are more than happy to share the experiences. Rob House Hunters Australia http://www.househunters.com.auIf you've only been there 8 years you haven't seen a genuine downturn yet. Wait and see what…[Read more]