I agree with you about hydrogen versus electric.
Electric sounds a lot more feasible. The petrolheads won’t like the lack of power, but I wouldn’t miss it.

Its already happening in some of the smaller arab countries. Oman is using the last of the oil revenue to create a giant intl shipping port modeled on Rotterdam.

United Arab Emirates are pushing the tourism angle. Seen all their ads for Dubai on TV recently.

I believe one of the big problems with hydrogen is its hard to store and leaks through…[Read more]

Lots of money will now be pointed at energy development.
Hydrogen will be an important one, but it takes another source of energy to create hydrogen, traditionally NG, another fossil fuel, so its cost is high and its energy value is a lot less than oil.

Oil will be around for many many years, but at a high cost, maybe above the reach of the…[Read more]

I had a similar situation. Gorgeous 1/2 acre block with very small workmans cottage, only 1br, but in good order and in upmarket area. I only got $150 per week renting it, so I turned it into short term boutique accommodation. Now getting $490 minimum per week with about 65% occupancy. I’ve had good capital gains since 1999, its a…[Read more]

Originally posted by aussierogue:
and the wise ones of us that do try and see longer term we tend to ridicule them as drop outs, hippies, alternatives, mystics, intellectuals etc.

we all need to take responsibility for the world and the forst step is to accept that we already have more than enuf to keep us happy and stop being rabbid…[Read more]

Hi Ablaz,
Yes, this is a very serious problem. One, I think, that a lot of people (including politicians) have not got their heads around, and yes, it is depressing at first. I would say a lot of people discard the information into the “too hard” box.

Best you can do, now that you have knowledge and know the serious ramifications is to factor…[Read more]

Personal public liability (in NZ) is normally covered by your regular house contents insurance.

I found that out when my 50kg BullMastiff ran out the gate chasing a cat across the road into an oncoming car. The dog was fine, the car was written off. My contents insurance covered the lot.

I set up my own website for a business over three years ago. I pay about NZD$140 per year all up. They give you tools to design your own website, but they are quite basic. Later, once I learnt the ropes I wrote my own stuff and uploaded it using CuteFTP.

The hard part was not so much the design and getting the site up and running, but getting…[Read more]

I got my first IP in 1981 when I was 19 yrs old.
I’m now 41, all freehold, and I haven’t needed to work for about 5 years, I just look after the IP’s and the kids and keep out of debt (for the moment anyway). I’m not too fussed with expensive holidays away, I’ve travelled so much over the years, its nice just to grab a local beachhouse for a…[Read more]

I live about 300 metres from a major faultline.
They recommend a 20 metre setback when building on a fault.

Its just part of life here, we had two local shakes over the weekend. I’d be more worried about aussie fires than kiwi earthquakes.

Originally posted by PurpleKiss:
Interesting, the last line, if housing prices do fall quickly then the RBA can cut interest rates. I guess that’s our silver lining.
PK

I can’t see them cutting interest rates when the inflationary affects of oil at US$40 per barrel (and still rising) coupled with the falling AUD$ puts the pressure on.

Originally posted by Aceyducey:
I liked the comment:

Whether we are heading for a crash at the bottom of the property cliff or a gentle levelling out of the market, the figures show the current boom cannot last beyond the middle of the year.

And who made that rule

It should state that it’s an opinion, not a fact.

Cheers,

Aceyducey

Yeah,…[Read more]

Article on the US property market FYI (it is related).
Best not to be part-smart[wink].

http://www.gold-eagle.com/editorials_04/maund050804.html

The Looming Property Crash
by Clive Maund

snip
<<In watching the US property bubble expand to its final unsustainable extreme over the past year or so, I have felt rather like that old guy in the…[Read more]

My opinion: For every loss there is a win

Very true, and with all the winning thats been going on over the last three years, there is going to be one hell of a correction.[biggrin]

As a sole trader, I can employ 100 people, have 50 cars, 70 computers and claim them all.
I can send them all to that conference in Hawaii.

So I have no idea what you are referring to.
Its all tax deductible.

I can run seven different business, all as big as the above under different trading names, and still be a sole trader, not a limited…[Read more]

definition of Crash:

3. crash, collapse — a sudden large decline of business or the prices of stocks (especially one that causes additional failures)

Originally posted by Misty1:
wowie! thanx lucifer,what a reply! U r oviously someone in the know! I need 2 absorb & act. cheers[confused2]

Hi Misty, Did you read my post?
Be careful what advice you take.

Regards,

Originally posted by wayneL:
. We’ve probably eaten up enough housing inflation to last us another 15 years, all with cheap credit.[biggrin].
Could be a very long cycle coming[wink]
As to whether there will be a crash. Hard to tell, yeah, depending on what the feds do, but I can’t see there being any growth to speak, of, and I’ll bet house…[Read more]

Its either now or next month.
The longer they leave it, the bigger the shock at the other end IMHO.

Originally posted by Lucifer_au:

But the real value of companies is how they are treated in terms of expenses:
Indvidual: Earn->Tax->Spend
Comapny: Earn->Spend->Tax

An employee is taxed before they spend a dime of their own money (automatic payroll deduction), but a company can spend as much as it wants (on business expenses) and then is taxed…[Read more]