Terryw wrote:
Yes it is all possible. You must seek proper legal advice to set up, as without it you will be in danger of breaching various provisions in the Corporations Act.

Also needs to talk to investment brokers/merchant banks who are experienced in capital raising for startups and SME's. 

Quote:
This leads me to realize that despite all this regulation that really investors aren't really very well protected at all.

The regulation is simply a structure that ensures investors have a minimum of information which meets minimum standards. It also provides a structure for participating in an investment and underpins the fiduciary…[Read more]

Jpcashflow wrote:
I think Melbourne market is heading for very hard times, I dont care what any ways says…
Cheers
JP

Vic's taken bit of a hit over the last few years. I'm not sure it will drop much more unless there's a severe down turn. Generally markets that have seen fairly stiff corrections generate resistance to further declines after…[Read more]

zmagen wrote:
What happened to the graphs? It's been two days already!

I don't want you suffering from graph burn out. You're also showing signs of graph addiction.

Big Mel wrote:
. So where is the con?

The con is that in a few years they won't be worth didly. Every man and his dog is trying to flog accommodation on this resource play that I doubt has 5 years in it.

jmsrachel wrote:
Aunty Julia will be unemployed in a few months.

Unfortunately not. Her seats pretty safe. She might not have the top job and there's a pay cut when you're in opposition but my guess is the old girl won't entirely disappear off the radar. She might even make a good opposition leader if she could hold on to that which I…[Read more]

Japanese Hodgepodge Of Old Ideas And New Contradictions, Stocks Dive In Sympathy

And so it went with his master plan, a hodgepodge of vague wishes, strategies, ideas, and contradictions, similar to those made by his predecessors over the last ten years. They too had wanted to overhaul the formidable bureaucracy and introduce competition only to…[Read more]

Derek wrote:

I notice Commsec had WA GROWING by 7.6% during the last quarter in this article http://www.perthnow.com.au/business/top-economist-wa-not-in-recession/story-fnhocr4x-1226658613073

Pretty much another BS figure because it neglects imports. There's going to be a big turn around in figures which will make it difficult to interpret…[Read more]

For God's sake don't tell Ziv. He still thinks things are going gang busters over there.

Dubstep wrote:
 So who is right and who has it wrong ? .

Moot point I think. Fact is the economy is contracting on the whole and the boom states are contracting faster than most thought.

If WA is not in recession now then it's only a matter of time, however, a recession is only defined as a contractionary period. At some point that stops and…[Read more]

Blimey nobody saw that coming did they… well maybe a few of us.

Derek wrote:
And the response from Federal Treasury.

http://au.news.yahoo.com/thewest/a/-/newshome/17499555/wa-not-in-recession-treasury/

My head hurts!

I tend to agree that the recession talk is over stated at the moment but this statement understates where things are going. All the feedback I get from people on the ground and in business…[Read more]

A comment I thought pertinent to this discussion.. from Joseph Stiglitz Was Right: Suicide

In 2012, talking of the European Union’s austerity plans, Stiglitz had just one word to say. It was “suicide-pact”. He went on to say last year that imposing austerity on the citizens of the EU would do nothing more than lead to the collapse of the…[Read more]

Seems I'm not alone in my opinion of Abenomics.

Abe's "Deflation-Monster"-Slaying Third-Arrow Hints Underwhelm (lotsa pretty graphs for the non Zivites)

UPDATE 1: Well that escalated quickly… Abe Speech ended-  NKY -450 from Abe spike highs, TOPIX -3% from Abe spike highs, JPY cracked back under 100 (80 pips from Abe spike), JGBs surging

For…[Read more]

zmagen wrote:

A ridiculous and extreme simplification of policies so varied and dynamic,

You're kidding me right? 3 arrows consists of 1/ borrow more money to stimulate (QE) 2/ devalue the currency by monetising debt and 3/ market reform.

The 3rd I can go with but it's not scheduled to start until 2015 at this stage providing they can get…[Read more]

zmagen wrote:
No, not really, he's just saying you haven't got a clue, same as him, and evidence points to the same uncertainty, nothing more and nothing less.

When I look back at the historical record and it shows…

didn't work..

didn't work again..

bugger still didn't work that time..

well I kinda come to the conclusion that's it's a…[Read more]

Jamie M wrote:

yep – it's the same story each election.

Cheers

Jamie

Trouble those buggers is you never know which way they'll jump from one day to the next.

Jamie M wrote:
I think the old ACT still has legs – you can pick up a detached house on a decent block in the far south and north burbs for low $400s, tart them up with a cosmetic reno and rent them for high $400s per week. Long term the growth will be fine and the yields will be ok so the holding costs aren't overly burdensome.

I'm a bit…[Read more]

Fall In Japan Auto Sales Dashes Earlier Hopes Of Sales Turnaround

A fall in Japan's auto sales in May dashed hopes that an increase in sales the previous month finally marked the start of a new upward trend amid growing hopes that the government's economic policies will breathe new life into slack auto demand.

Last year, huge government…[Read more]

C'mon Ziv you luv it. You've got a masochist streak a mile wide.