Certainly not great new with me heading to the UK and euro for 2 months in a months time...
Also update on loans, Suncorp are currently offering 4.15% on both variable and fixed for 3 years, all annual fees waived for the life of the loan. A good option if u want to stick away from the smaller/online banks
Flashback lucky it is only money.That new rate is an ouch compared with the Euro.
On Mrscove's birthday she tore her knee so getting it checked before we flew home from London 36 hours later cost about £550 to have a doctor come and then a visit to an orthopedic specialist. Getting a clearance to fly was what we needed for her rather than worry about what something costs.
Ben Bernanke thinks our dollar is too high and house prices are too high.
Ben Bernanke says Australia would 'have to respond' to dollar threat
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"I don't think it's fair that low and middle income taxpayers should be subsidising property investors and that's really at the heart of why we're making this proposal," he said.
If negative gearing gets cut there will be consequences but those are hard to predict.
First the NSW and Victorian stamp duty collections could drop dramatically. Those two States are feasting on a temporary market bull run that may go into a savage reverse. A burst bubble is possible and that could wipe out lots of market confidence. Knocking market confidence has always been a risky thing.
Yes there are lots of red and green tape on land supply. Cedar Woods and Folkestone are my investments that are working on land subdivisions in outer Melbourne. It tends to take a lot of time to get blocks approved for sale. We have 3 million square miles and ridiculous house and land prices in our capital cities.
Says the man who who lives in a country thats over 18 trillion in debt and with no way of paying it back.
Stop foreign ownership first.If negative gearing gets cut there will be consequences but those are hard to predict.
First the NSW and Victorian stamp duty collections could drop dramatically. Those two States are feasting on a temporary market bull run that may go into a savage reverse. A burst bubble is possible and that could wipe out lots of market confidence. Knocking market confidence has always been a risky thing.