It's a common phenomenon. There are a variety of causes and its difficult to prevent. The nature of hot/dry then cool/wet conditions. Timbers expand and contract as do soils. During the drought years a fairly young (about 5 – 8yrs old) detached town house we rented on the north shore of Sydney developed some quite significant cracking (double…[Read more]

Pretty straight forward. I've highlighted the areas that would most concern this claim.

http://www.fairtrading.qld.gov.au/guarantees-warranties-refunds.htm

As a consumer, the law automatically provides you with guarantees on certain goods and services. These are called consumer guarantees.

You are guaranteed that the goods you buy:

are of…[Read more]

APerry wrote:

The US Gov creates money by selling IOU's to the Federal Reserve as bonds and receives money in return, which it spends, the Fed can either keep these or on sell them.

I pretty much agree with everything you've said although the above sentence is a bit fury.

Treasury flogs bills, bonds and notes to just about anyone who'll…[Read more]

jbelmore wrote:
The RBA has an inflation target of 2-3 % not zero. Enough said.

You might have to elaborate JB. On some things I'm as dumb as a chook and reading between the lines was never my forte. 

Interesting. The Canucks are the single largest investor group in the US RE market. 

The more and more I see of the these foreign RE markets the more I think punters should start learning the 'speculators' mindset as opposed to the 'investor' mindset. The global financial landscape is becoming more fluid by the month and I suspect those that have…[Read more]

APerry wrote:

Whether real estate prices will rise or not is another argument.

So your original statement should have read;

"potential exchange rate losses will only be offset if asset values rise"

Quote:
If you can better describe what is happening in the US with regard to QE and its potential implications in 2 lines, please…[Read more]

kong71286 wrote:

I believe the concept many need to grasp is that all fiat currencies are designed to lose purchasing power over time,

No they're not. Quite the contrary.

APerry wrote:
There seems relatively little chance of the US$ improving much against the A$ while the US is printing money to fund debt. This is a recipe for inflation, the only reason it hasn't happened already is because the money being printed is not going into circulation, it is being hoarded. At some stage all this cash will come come into…[Read more]

JacM wrote:
Ipeople don't like to buy shoes that have been on someone else's skanky feet.     

ROFL… this girl was far from shanky. All I could do to stop my boys drooling down their shirts all day. They kept going missing in action through out the move(s) we did for this client. Of course being married I was hardened to this type of…[Read more]

Had a client in Sydney who ran nightclubs. Has a gorgeous wife who likes to 'collect' expensive shoes. Wouldn't buy anything under $1000. She bought mail order from high end retailers all over the world. I asked her what her little collection was worth and she said $60k+

You see Jo when the wife's got a wardrobe full of shoes you'll know you've…[Read more]

zmagen wrote:
 I find you aggressive and offensive,

You do realise this forum is a part of cyberspace called Kiddies Corner don't you. It's the most protected, uber sensitive, politically correct nanny place one can imagine.

How anyone can define any content published here as offensive and/or aggressive will need explaining to me because I'm…[Read more]

BOJ is printing yen to infinity. What makes you think there is a dollar in buying Yen now when it's clearly loosing value against the AU$

Jap economy is nearing the end of its ability to borrow internally. It will soon be forced to borrow internationally at higher interest rates. The end is in sight for the Yen as we know it. Japanese currency…[Read more]

possumpal wrote:

The thought of not "having" to work excites me, flash cars and fancy boats would be nice but so would freedom

Interested to hear anyone else thoughts

Tim

It's that Xmas new Year thing Tim. It's alright though… we all get a bit delusional this time of year. Reality will set in again once you're back to the daily…[Read more]

TerryW wrote:
That is the small claims court.

What would happen if one party appealed and went to the district court?

They still have to meet the appeal requirements to get past go. An appeals option is part of almost all legal procedures. One has to accept that this could be the course any civil action could take. However, at a realistic…[Read more]

New South Wales Consolidated Acts

LOCAL COURT ACT 2007 – SECT 39

Appeals as of right
39 Appeals as of right

(cf LCA 1982, section 73)

(1) A party to proceedings before the Court sitting in its General Division who is dissatisfied with a judgment or order of the Court may appeal to the Supreme Court, but only on a question of law.
(2) A party…[Read more]

Can only appeal on lack of jurisdiction or denial of procedural fairness not judgments. Appeals are rare.

Terryw wrote:

sorry freckle. i disagree with almost everything you have written above. the poster should think carefuly about this as it could be costly and time consuming.

I've never found small claims tribunals costly or time consuming but that may be a matter of opinion.

Quote:
torts is a different area of law to contracts. a tort is a…[Read more]

Where is the old system? Was their a credit for it. It's a copper cylinder and worth a few bob as scrap. I would want to be shown why it was replaced and probably assessed by someone else. Food for thought?