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House Price Crash Forum


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    Sydders, Australia

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  1. Nice to see this thread ressurrected. Australians are investment gurus, donchyaknow? How about this innovation; invest in property using your superannuation fund. What could possibly go wrong?
  2. I'm thinking 4-0 in the home series, weather taking out one result, and 4-1 in the away. For the avoidance of doubt, I'm going to be unbearable to every Australian I meet this year. If I make it to January without getting my nose broken again, it will be a flippin' miracle.
  3. Australia has always been bloody brilliant at sport when they have had a sh1te economy. I've written about this previously. http://thenewaustralian.org/?p=1029 The recent catastrophe that is the Australian cricket tour of India has clearly been the tipping point. Just to educate non- antipodeans: Cricket is the only national sport here - league, union, AFL and wendyball dilute the supporters but relatively-speaking they all love cricket. Clearly the only sensible course of action is to exit the AU$, short tickets for day 5 of any test match this year and whack a pony on an accumulator for an Ashes and Lions whitewash. Disclaimer: the value of Mitchell Johnson's tattoos can go up or down....
  4. Quite right. The history is incredible, Gilbert and Sullivan even referenced it in HMS Pinafore, which by the way is what I quoted a page ago. Three or four years ago that would have got a few nibbles and some quality responses. It's all a bit dull 'ere nowadays..... http://en.wikipedia.org/wiki/William_Henry_Smith_(1825–1891) Tssk, younger generation......
  5. 10% GST on books in Oz would explain some of that. A population who can't read might account for the remainder; they are luxury items.
  6. When I was a lad I served a term As office boy to an Attorney's firm. I cleaned the windows and I swept the floor, And I polished up the handle of the big front door. I polished up that handle so carefullee That now I am the Ruler of the Queen's Navee!
  7. I think I prefer your ITV3 mini-series Da Vinci Code posts.
  8. Excellent analysis on MacroBusiness. http://www.macrobusiness.com.au/2013/02/the-history-of-australian-property-values/ If you're in Australia, now would be a bad time to buy....
  9. 50% youth unemployment is the key statistic. Idle hands, etc......
  10. Go on then; http://thenewaustralian.org/?p=3445 The Drugs Don't Work..... Shameless plug.
  11. "Of course I am minimising my tax. And if anybody in this country doesn't minimise their tax, they want their heads read, because as a government, I can tell you you're not spending it that well that we should be donating extra"
  12. Does Steve suggest a big debt jubilee is the answer? Bless him; it's lovely and warm in academia, never having to put your own money on your predictions. The nearest he came to having some skin in the game involved a big walk for charidee.
  13. Looks like Australia just had a Ponzi; http://thenewaustralian.org/?p=2456 Banksia chairman did a "suicide by truck".
  14. Cheers mate. Yes, nice of Mish to point people my way, my ISP struggled to cope! Presumably he didn't read all the other stuff in there about mail-order brides, bogan car plates the parlous state of Australian male business attire.
  15. Great response to the "Australia in Asia" nonsense this weekend; http://paulwallbank.com/2012/10/28/australian-hubris-in-the-asias-century/ "Sometime in the 1990s – possibly around the time of John Howard’s election – Australia turned inwards and insular. We had the opportunity to position Australia as a credible mid-level power in the region but we chose instead to renovate our kitchens. That opportunity has been lost and repeating the mantras of the 1980s with the words ‘China’ and ‘Chinese’ substituted for ‘Japan’ and ‘Japanese’ won’t cut it."
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