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My guess is that it wont fly mostly due to finance.
I work for a company that amongst other things supplies mining services to the coal mining industry. Our share price is being trashed at the moment and institutional investors are getting out. The market and analysts are always forward looking and right now coal is not a good sector. The investors have seen majors pull out of projects overnight before and dont wnat to be around if it happens again and the whole NSW and Hunter coal thing is not a strong point either.
quickchick wrote:Needing DA from council, I presume, Bardon.
What is the minimum height to build under? Or will it vary from council to council?quickchick
Yes you need coucil approval but I dont think thst is is a risk.
I beleiveyou need a minimum ceiling height of 2.4m.
Adding living space is something that has worked for me. Building underneath Queenslander style homes. I have done it slowly though and lived with my family upstairs while doing this. This also negates CGT when you sell or transfer into trust.
The current house a queenslander that I live in has a lot of space it already is built in underneath and we will probably modify the floor plan sometime. When I do I will make sure that I increase bedrooms as I will trun it into an IP some time in the future.
Not sure if Terry comes here you can ask him those questions here:
The trust buys the house you own the shares in the trust the trust offer the property up as security for a mortgage that is taken out in your name. The house runs at a loss and you can offset this loss agints your personal income.
I purchased a Hybrid Trust and just before I settled property I did some research partcicularly ATO rulings one was very specific and I decided aginst it. I spke to th accountant from AFA who sold me the trust (they didn't tell me) and she said yes they were questionable but they now have a new one that is going to get a tax ruling making it okay. I phoned the ATO and as useul they were very specific and clear and they said that the advise ws wrong as you cant get a ruling for a product a ruling needs to be personal nd it is bsed on your particular circumstances
Personally I wouldn't touch them especially with strom clouds on the horizon and TO rulings.
I went for a Unit Trust in the end as the -ve gearing benefit was critcal to the succes of the investment.
GW is a tax scam and the established system is talking it up becausu thats what they do. The problem is that in the short term the system might win and insurance etc will become an issue. I am more concerned about species destruction and pollution with harmful substances than Co2 levels which plants eat.. All of sudden Co2 is a bad thing which it aint what about all the toxic substances no one talks about them naymore. While I am ranting take AL Gore he was the guy that signed off on the use of deplelted uranium arnaments in the former Yugoslavia and he later went on to win a Nobel Peace Price FFS.
Rising water levels if it does happen will not be related to mand made Co2 emissions it will be for some other larger natural cycle that we cant predict because we aint been here long enough to. As Harb says best you can do with GW is use it as a negotiating point for waterfront.
Looks like BG might get this one after recently loosing out to Conoco Phillips on the $14b bid for Origin Energy.
80pc above share price so it is very friendly, especially given the haircuts been dished out in the ASX on 4 year lows
Apparently the outgoing CEO said at his farewewll speech today that the BG money is literally in the bank here no finance required. He was all melodramatic and everyone felt sorry for him until they realised he pocketed $60m in the deal.
Petronas, Shell and Conoco have all made very large aquisitions of QLD coal seam methane gas in the last 4 months. The big boys are in town and they are cashed up.
So we are now either going to see coal seam gas to LNG delivery for the first time in the world, or the big boys will stall the LNG projects to raise the prices from some of there existing plants.
http://www.telegraph.co.uk/finance/newsbys…2.2bn-deal.html
Nice One
Its to early to say definitively but I think this statement below was the peak yes I know its iron not coal but the trend will be similar. How much demand drops no one know but the big guys are expecting a drop in earnings for 09 hence share prices down.
Australian iron ore exports in September up by 38% YoY
It is reported that Australia exported a monthly record 31.3 million tonnes of iron ore in September 2008 representing a 38% increase YoY. This has raised exports till date in 2008 to 251 million tonne or 22.7% higher than in January to September 2007.
Meanwhile, FMG exported 8.5 million tonne of iron ore in September 2008. Rio Tinto shipped 46.3 million tonne in the Q3 of 2008, some 2.4 million tonne more than the previous quarter. BHP Billiton exported 32.4 million tonne of iron ore in the Q3 2008.
Better of with a 4/2/2 in Varsity Lakes it has a purpose will pay an income and you will provide someone with shelter.
Yeh watch out for the goldbugs, they have been getting it very wrong recently with the shiny stuff that is not good for anything, or is it that
they talk up gold so that their NWO intrenational bankers can make money on it, they have the most gold
sell gold bring dwon the NWO
Pro investor here is a copy of the post fyi
I work in the CSM industry. Yes there is a lot on, the majority fo the wells are in the surat basin Roma/Miles/Dalby and also the Bowen Basin. The conversion to LNG is very promising and I hope it goes ahead. There are still some hurdles with this such as investment sign off and what to so with the waste water. All the big players are saying they will build their own LNG plants in Gladstone which will be fed by wells and gathering systems in the basisn then large pipelines to Gladstone. I beleive the right answer is one LNG plant and one pipeline from teh Suart Basin and one from the Bowen Basin.
Theer is another major LNG propject propsoal we rae looking at as well which if it goes ahead will be very good for QLD and teh LNG plant wont be in Gladstone it will be further north.
I travel out there frequently and you cannot get accomodation anywhere. You can buy a band new townhouse in Chinchilla for $309k renting at 500 a week.
hbbehrendorff wrote:Bardon, As you are a knight's templar and have connections with the new world order, Do you try and put hidden satanic messages within the engineering works you carry out like alot of other engineers/architects ?Also sir do you agree with your affiliates doctrine of population reduction by 80% ?
I would also like you to deliver a message for me next time your at one of your Knights Templar meetings. Tell them that there plan will never work, And tell them that one day all nwo scum will be charged with treason
Yes we do it all the time it is our calling card. Right now I am working on rebranding the company logo and I am trying to push for an iconic pyramid shape with a rotated D inside the top apex lets hope they go for it.
Must admit for purely selfish reasons I am not for the eugenics camp. I prefer to see population growth to keep the demand up on IP's both price and rent and to increse the demand on energy and commodities.
I think you might be a bit discombobulated with the treason bit you should have a look at who actually has the suprem rule and ownership over oz. If you do then you will realise that it cant possibly be treason.
Support the NWO buy a house and raise the rents.
crashy wrote:Bardon, you seem to be confusing a depression with a crash….the crash was in 1929, we all know that. The depression started in 1932.
likewise the 1987 crash and recession in 1990
history says there will be a 3 yr delay between crash & recession. Having said that, the UK & NZ are already officially there, and the rest are getting there fast. What does that mean? I wish I knew. Maybe information is spread so fast these days the delay is obsolete?
Sorry Crashy I stand corrected, yes things do move quicker these days eg
When I was a lad I use to work as an engineer on road and bridge building in the North of Scotland If we had a Technical Query (TQ) we would write a letter to the Engineers Rep put it in an envelope and send it to Edinburgh. Two weeks later you would get a response in the mail but things didn't come to a stand still and the work was done.
Only yesterday at about 5.10pm I get an urgent TQ emailed to me with a request for an immediate response. I spoke to the guys about this on sat phone (as its remote) and told them that it would be Monday arvo before response. They bitched and carried on but its an example of this expectation that everything tets dealt with right now.
PS I know the answer to the TQ I just want some wet behind the ears engineers to sweat over the weekend.
Yep I was almost disappointed that the world never ended…ah well theres always black Monday
crashy wrote:didnt the depression start in 32?The Wall Street Crash of 1929, was the most devastating stock market crash in the history of the United States, taking into consideration the full extent and longevity of its fallout.
Three phrases – Black Thursday, Black Monday, and Black Tuesday – are used to describe this collapse of stock values. All three are appropriate, for the crash was not a one-day affair. The initial crash occurred on Black Thursday (October 24, 1929), but it was the catastrophic downturn of Black Monday and Tuesday (October 28 and 29, 1929) that precipitated widespread panic and the onset of unprecedented and long-lasting consequences for the United States. The collapse continued for a month.
