The mines and seperation plant   Nigel .   The projected 1000 jobs created will have a massive  effect to a  town like  Horsham.

Doesnt matter how much you save it is what you do with it that counts. I started with none when I was in primary school school ,I got ballons at a show given away for free then walked around and sold them. I bought  something like 10 Pivot shares for  something like $50.00.  I would be wary of the investor club, but you may learn something there but if you do buy something do your own due dilligence.

Depends on the specifications, Elders, Landmark BR&C  Agents.

Hi Ballerina would you like to give an indication of the yeild and holding cost of the property? All the staff seem to change Eddie the strategist left and catherine the BA left. I think they may have found some morals. I was not impressed with the <moderator: delete language> spin and attiude of the new strategist. I also find it strange how negative comments about the above are removed from sommersoft forum.

I had an american, when told I was from australia, say, well  from your accent that must be a southern state. Another said your english is good for a foreigner. Another said  I have driven from oneside of your country to the other all the way from Melbourne to Sydney, very beautiful lush, green country.

Feckle,  I invested in   US property  18 months ago including commercial/retail  over that period it has been my best performing investment , with a net yeild of 8% and CG of 4% in the first 12 months . And I am not sharp or nimble.

  Sack the account .         Every-one here seems to be missing the main  point here.  Claming or paying depreciation is very trival, when compared to the massive opportunity costs of not having even a few hundred dollars a year tax refund,  that could have been invested in the early 1990 s.    At that time my few hundred extra dollars I had due to tax saving went into  companies before they listed on the ASX  for 5 cents  after listing they were worth over $3.00  after 10 years worth  8- 13 dollars.  The divedends each year are more than the intial purchase price.

 Id go to phillippiines too,  but not if you want a sound ivestment, consider it speculating or life style choice, a journey or buffering  It is risky investing in PI .    You will need to piss in pockets, have contacts in the right places,  Buy the police cheif  a set of golf clubs for christmas was the first piece of advice I  got when investing there.  Those with power are corrupt right to the very top. There is no  justice the law is the police can do whatever they want and what they want can usually be decided by a donation.  I have seen one property get sold to 3 different foreingers in one year, while the owner and all the respective lawyer had a  ball  sucking them all dry.  Have also been at court there when australians have been sentenced to death  for drug dealing, to keep the media and every-one satisfied.  Stopped at  a bar on the way home same day  and saw the guys who were supposed to be on death row, having a grand old time drinking and carrying on.  When asked why the werent in jail they said they bribed the judge, and now it has all been forgotten about.  I know many people who have been setup and thrown in jail, some who cant pay just rot there.  I could write  a book  with endless examples.  Have any convictions been made for the ampatuan massacre?  Once again   alot of noise made then forgotten  about?  mmmmm allies of a corrupt government?    I was in Mindanoa during conflct   and saw idiot western government supporting PI army to fight NPA, the soldiers would go home after working as a soldier switch uniform and become NPA.   It is all just a game you play in the PI. And for some strange reason those in power are respected and not despized like they should be.

freckle the link you posted said mildura had a population of 50,000 than you say there are  82 rental vacancies , well you do the sums.

    I dont know hoe you construe a report  saying Irymple can onlly support one new supper market instead of 2 because there are a whloe bunch of new shops and  woolworth shopping complex being built  2 k down the road in  Mildura as bad?? I would consider it good news if  even one was considered  viable.  You havent got a clue freckle,  there are people who dont want to or dont know how to work, one of the problems holding back the region  is a lack of competent and williing workers.  IF you had a look around you would notice lots of people in mildura from oveerseas many sponsored  by their employers  because they cant get locals to work or they havent botherd to get the necessary training or skills.  I know lots of people who have just went and knocked on doors and got a job.   Mildura has a  very diverse range of industries  more so than most other places some which can easily be swapped.    The report  you  linked  mentioned nothing about the record  grain  production  for the last 2 years or that the area was one of the only area to consistently produce grain  over the 10 year drought.. IF it wasnt for that region being a reliable producer of grain Australia would have been relying on imports to feed itself.   It also mentioned nothing about grazing, meat production  or  almonds or wool or etc.  The revolution in farming over the last 10 years  with no till farming  has meant increased (X3) production  and more reliabiity cropping every year instead of every 3 and higher yeilds as well new varities  such as hindmarsh barley that yeild 30% more not to mention more marginal country can be farmed too.   What about the new varities of canola that can be grown and high prices paid  for it.  YOU clearly  have no idea what you are talking about  there have been fruit fly outbreaks  over the last couple of years  the industry didnt collapse, the fuit in the designated zone  just had to be inspected before it was sent away, and I would expect some countries would only accept fruit grown outside the zone but still from the region. IT aint a small town it is a major regional city sounds like you are  a know all about a place you have never been.   There is a lot more than just horticulture   Also noticed the ecomomist never mentioned the solar power stations they have started constructing  or new airport, riverfront development. You cant be serious when you say declining and narrow agricultural base??  Where is  the bad news in the report and why post an old outdated report  when there have been 7 more up to date ones released since  maybe the one that said Irymple house price went up 40% does fit you bias. Most of the factors you mention affect every town so why single out Mildura.   You should just tell half the story  the period when the shops became vacant was when parts of the mall were closed for a lengthy period due to  it being rebuilt  some of the buisness were doing so well they moved  out to much larger  pemises  some to 15 th st which is booming so much it is becoming the main retail area . If buisiness is so bad why would  Mc Donalds open  a third  shop. Any way keep looking through your  foggy rearveiw mirror, I will be looking through a clear windscreen