Yep read similar in the AFR this morning.

Certainly agree with you there zing, I've got a couple in Emerald myself. 

Might be a little bumpy in the short term mate but as my PM said be realistic with your rents and sit it out. Certainly no need to panic. Long term it's very promising. 

Yes it's a valid argument zing but the problem is it adds to increasing sovereign risk. 

What international companies will be asking themselves is whether it's worth the risk of pouring billions of dollars into investment when federal and state governments continue to change and introduce policies that are not conducive to the industry. 

It's a…[Read more]

moxi10 wrote:
As Josh says above "it's greed from everyone…" And now the Queensland government, with incredibly bad timing, announces increases in royalty demands. I wonder if anyone in government is capable of considering the possibility that more tax from less mines equates to less…[Read more]

thecrest wrote:
Is the economic collapse of the USSR forgotten already ? 
For some it's the elephant in the room.

Capitalism works, the need to exchange time and effort for money drives people to go to work.
Centrelink doesn't seem to drive many people to work.

The capital seeks the labour, the labour seeks the capital. Old story.
Anyone who…[Read more]

Hi Noob,

My comments I’ll offer are general in nature so make what you will of them.

Be very cautious about any business that may have a vested interest in the products they are suggesting you purchase. There is always a commission involved.

Some of these businesses operate at a front cost of $10k, which may be the case with PRE. Good advice…[Read more]

Qlds007 wrote:
Jack i could lend you my 3 and my oldest is a girl and very sensible. Sally would love it ……No i have to say a change in Govt could bring about changes in all areas of lending.Also competition is a very strong alternation of a lenders policy. When you are arent getting any deals you try and see why.In saying that all lenders…[Read more]

Istvan051 wrote:
Capitalism is about competition and greed. I see it is true capitalist countries progress faster than all others. In my opinion why is this?

Greed is the desire for more than what you need but is also a powerful emocion which can push the human brain to it’s limits of creativity and innovation. This means capitalism is…[Read more]

Qlds007 wrote:
Jack if you can time it right and have triplets in the next 5 months you can buy 2 more IP's lol.Isnt it ridiculous……………CheersYours in Finance

You’re going to get me in trouble Richard, with 3 boys already this may be the leverage Sally needs to push me to try for the allusive girl lol.

If anyone says anything I’ll…[Read more]

Qlds007 wrote:
What actually really concerns me that some spent 6 months at Melbourne Uni only to come up with the fact that 2 Adults with 6 kids spends less than 6 adults with 2 kids.That and the fact that lenders listen and then agree.Go figure is about right.CheersYours in Finance

LOL! After our conversation tonight Richard I went and…[Read more]

Nigel Kibel wrote:
Ever since this idiot Federal government came to power they keep wrecking the economy and tightening personal freedom. They are about control. The quicker they are thrown out of office the quicker sanity can return

Seconded!

Socialism mixed up with extremist policy that about sums it up when you have a labor and Greens…[Read more]

mattsta wrote:
whyalla does seem to be an interesting spot… i've mostly found maisonettes and duplexes there though.. many only can be bought by owner occupiers

South Australia…….

It has great potential but frustrating at the same time……

I’ve got an IP down in Seaford purchased last year and at the moment everyone appears to be…[Read more]

popelich wrote:
Hi,does anyone know if any lenders do a 90% lend in Blackwater – thanksCheersAnne

Hi Anne, I think a good MB should be able to give you the answer.

There are a number on this forum.

Richard Taylor who is a prolific contributer on the forum operates in this area and is a very savvy operator. Perhaps shoot him a PM.

Richard’s…[Read more]

SethBill wrote:
Heard in the news that China will most likely inject another round of stimulus. The last one they had back in 2009 was indeed very effective like a shock absorber. I believe this will have huge impact on coal and iron ore mining industry. So should be a good time to buy another property in CQ town. But looking from the past…[Read more]

powderfingers wrote:

JT7 wrote:

moxi10 wrote:
Feasability study for Galilee Basin rail by Adani and QR National  underway. And the media highlights commentators speculating that the resource boom is over. The mining companies don't think so…[Read more]

moxi10 wrote:
Feasability study for Galilee Basin rail by Adani and QR National  underway. And the media highlights commentators speculating that the resource boom is over. The mining companies don't think so…[Read more]

jim64 wrote:
Hi AVS,Now is the perfect time to buy…………………..I agree with Jacks points,although i wonder if the duplication will result in property prices skyrocketing as when it 1st opened,Jack will remember,houses were 80k,land 20k and that was in 2000/2001,not that long ago.It concerns me there is no industrial areas for…[Read more]

Hi AVS,

there a many variables involved in investing in property.

It’s always a good time to enter the market and there are many many markets right around Australia moving in different cycles.

Deciding on where to buy will depend on what your end goal is and what strategy you intend to employ to get you to the end goal.

It makes the road…[Read more]

Hi Mr Prop,

Some good comments above.

I’d have to agree with the making money CF+ model. It’s a suitable strategy for us because it facilitates our serviceability taking into consideration earnings and dependents and keeps us in the market and enables us to continue investing.

You can experience high CF and also CG in today’s market.

Jack

Dubstep wrote:
More fast food outlets for the mining regions    http://www.cqnews.com.au/story/2012/06/27/food-is-about-to-get-fast/I'm not too sure how they will go with getting staff.

It's interesting to see these towns such as Emerald really start to expand off the back of what is happening in CQ at the moment and what is going to happen do…[Read more]

Qlds007 wrote:
Whilst the Qld Govt might have approved the Alpha mine the Federal Govt have put a hold on it.Be interesting to see how Campbell takes on the Feds to get this one over the line quick smart.CheersYours in Finance

Roll on the federal election Richard…..it can’t come soon enough IMHO!