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The problem is infrastructure. Public transport, essential services, transport network. The governments are incompetent and don't take rural areas seriously... the Black Saturday fires show that the Victorian government can't even provide critical emergency services to outlying towns. Sydney is...

These properties are targeted at dumb owner-occupier locals with cash to burn. If you buy for investment, what rental market will you be catering to? Rich foreigners won't live in AMK; middle class foreigners won't live in a suburban condo when there are many HDB flats literally next door. The...

I believe sooner or later we will reach a point where housing becomes so unaffordable that prices cannot be sustained by income levels. If that's your definition of a bubble, then I agree with you. However, I don't think we will be reaching that point so quickly. In my opinion we have another...

basically the vendor decided to hold out for a better offer in future... the point of auctions is to 1) gauge the interest 2) create a "competitive" atmosphere so hopefully people will go crazy and outbid to get a higher price these two reasons benefit the vendor only and not...

Exactly what I was thinking.

Exactly what I was thinking.

Ya you can't compare, it can be 15-17km depending on how you look at it (as the crow flies, or by road distance).

can you provide more info on the property or the realestate.com.au link? street, land size + age? so no bids past 300K? that sounds very low... there's some light industrial near coopers plains... depends on which part of the suburb i guess. I am interested in that area as it's close to...

Talk to some of the brokers here (www.somersoft.com/forums). Browse a few threads in the "Financing" section and you will find them easily. They may be able to help you if you have some cash lying around. If you want, PM me and I will send you my broker's email address. However I believe the...

It's just the culture. At first when I joined my new company it was, as described, every man for himself. After 6 months my immediate supervisor, whom I get along very well with, started occasionally inviting me to their weekly lunches on fridays. I don't think it'll go much further than that.

1.4 million for her house and 80 football fields of land! :D http://www.theaustralian.com.au/news/nation/pauline-hanson-puts-home- up-for-sale-as-she-prepares-to-move-to-britain/story-e6frg6nf-1225830482711

Wet and rainy in Melbourne... Today the tram driver started singing over the PA to his captive audience of office workers, schoolkids and and grandmums... about how raindrops were falling on his tram... Everyone had a good laugh. :D

There was an article in one of the Melbourne papers (I think either the Age or the Australian) one or two weeks back where they interviewed the leaders of all the various migrant communities (Chinese, Viet, Somalian, Lebanese etc) in Australia about whether racism was prevalent in Australia...

chewed is absolutely correct. This measure is not aimed at any particular race, rather at the bludgers studying in the vocational colleges hoping to get PR and milk the system. They want higher quality migrants. Agree with you Ash007, there are good ones out there (i am working with one) its...

Uni degrees and above are not affected... only vocational education. For those, if you can't get an employer to sponsor you, you go home... They are separating the wheat from the useless chaff.

btw sorry for not providing some background information. http://www.google.com.au/#hl=en&q=gautam+gupta+student+melbourne&meta=&aq=&oq=gautam+gupta+student+melbourne&fp=1860df8cf2ec5be1

Serves Gautam Gupta right for trying to play the "race" card. Instead of giving into their demands, the Australians are telling them "we don't need your money". Sweet sweet irony. Good that the governement is doing something; the colleges and unis won't for fear of losing revenue...

Just want to say thanks to all the contributors for this thread, I'm learning a lot. As for negative gearing... I believe the most important thing is not to get in over your head and buy too much... which is really easy to do if you get "addicted" to it. The trick is to have a negatively...

So where are you considering? New Zealand is quieter and the currency rate is more favorable. Personally I wouldn't rule out an Asian country...

i believe optometrists earn 80-100K straight off.... but you need both a degree and a masters. 5 years of study.