By: steveb_wilson
27/06/2009
10:13 pm |
Message deleted. Reason: Breach of terms of service |
|
By: vincenthavelundstephens
25/06/2009
9:53 am Yahoo! Profile:
vincenthavelundstephens Did this message offend you?
Sign in to report abuse |
Reply to this message |
Hi All, I notice derogatory comments here about Kiwi's this stirred my memories of the 1980s. NZ Prime Minister of the time (Piggy Muldoon) while being hassled by the Aussie media when he was on a visit commentted as follows. Every Kiwi that comes to this country improves the mental and physical situation of both our countries populations.
I wonder if he also meant that every Aussie that settles in NZ the reverse happens.
There are more Aussies in KIwi pro rata to poulation size than the reverse.
I note that since the dole in NZ is lower than Aussie there is probably a better class of Aussie going to NZ than the reverse. You Aussies should work all that out if you are smart enough.
There is a glut of wealthy Yanks and and Poms settling in the Sth Island of NZ, and a previous long serving premier of NSW (Carr)bought a large holding there while he was still in office.
Having said that I have been here for forty years and have a direct family here of 21 wonder where we stand?
Oh Firefly, I dont research who owns what name, its not my problem its theirs, Cheers Mate, Vince |
|
By: fire.fly_au
24/06/2009
10:32 pm |
Message deleted. Reason: Breach of terms of service |
|
By: vincenthavelundstephens
24/06/2009
2:31 pm Yahoo! Profile:
vincenthavelundstephens Did this message offend you?
Sign in to report abuse |
Reply to this message |
Hi Jay, You are exactly right in your latest blog, only the multis are crying and well they might. We must never take too much notice of professional commentators always remember they are doing a job for which they are paid. Sadly but truthfully gloom pays better than joy hence the over abundance of pessimism, too be optimistic isnt profitable you see, unless its looking at half naked girls (Oh to be young again!)
Greed is ambivalent good and bad, one can be greedy to benefit some one else thats normally good, on the other hand greed for self when one has more than enough is bad and has to be controlled.
Employment was high for years and we got by thats nothing new, the problem is the growing reduction in the GDP and its natural consequences.
There is no doubt greed was propogated by unscrupulous parasites bludging on the ill informed, I presume thats what this was all about. I dont think Mum and Dad investors were greedy, they wanted a better more secure future for their young, thats not greed its ambition.
The bludgers that sucked them in are the greedy ones, and in time will pay.
A simple example of contrasts, my daughter has a house at Terrigal on which she and he owe $150,000 to NAB. It was valued two years ago at $860,000. They want to sell and have found another house to buy, she was gleeful because the new house would only be $700,000 after they had screwed the price. They signed a contract subject to sale of their present home, thinking they would be out of debt, but then they got a valuation for selling their home. It had dropped and was now only valued at $700,000. Oh sad days they were still going to be in debt, are they greedy or ambitious they have four Sons two at college? |
|
By: jaymarcel
24/06/2009
7:20 am Yahoo! Profile:
jaymarcel Did this message offend you?
Sign in to report abuse |
Reply to this message |
Hi dishonestnzsheila, Just picked up on your unemployment is rising comment, where did you see these figures & when did it happen, last I heard unemployment went down & we are not in a recession.
From what I am seeing businesses here are not struggling, I recently wanted a fence put up around my property & had to wait 4 weeks as they are so busy, I wanted an electrician to do some work on my house 3 week wait, just to get some tiling done a six week wait!
It is only the big international companies that are affected by the share market collapse that are having problems.
And when this is all over the housing market in the UK & USA will rise back to a similar level to ours & our property market will recover from its 5% drop in price.
I have recently been talking to alot of my mates in the same industry as me & found out they too have done like me & started their own company this year, they too have made more money this year than any other year so let the party continue. |
|
By: sly_guy_nsw
23/06/2009
8:06 am |
Message deleted. Reason: Breach of terms of service |
|
By: rodneythesaviour
17/06/2009
7:19 am Yahoo! Profile:
rodneythesaviour Did this message offend you?
Sign in to report abuse |
Reply to this message |
There is much truth in what has been posted here below concerning the forecasting of a pending economic disaster.
Indeed, we should all rally round steve_b_wilson and cry -
AUSTRALIA - ECONOMIC DISASTER LOOMS.
Indeed we should make every effort to support his CRUSADE to awaken the populace to the crisis at hand and seek to encourage each and every member of the population to take action now which shall secure their financial security in the difficult times to come.
Be cautious and maintain financial flexibility.
A positive outlook and confidence are not enough. |
|
By: dishonestnzsheilainoz
17/06/2009
7:13 am |
Message deleted. Reason: Breach of terms of service |
|
By: dr.xingli
14/06/2009
7:29 am |
Message deleted. Reason: Breach of terms of service |
|
By: copynpaste@rocketmail.com
12/06/2009
2:05 pm |
Message deleted. Reason: Breach of terms of service |
|
By: copynpaste@rocketmail.com
12/06/2009
2:02 pm |
Message deleted. Reason: Breach of terms of service |
|
By: copynpaste@rocketmail.com
12/06/2009
1:59 pm |
Message deleted. Reason: Breach of terms of service |
|
By: jaymarcel
12/06/2009
6:52 am Yahoo! Profile:
jaymarcel Did this message offend you?
Sign in to report abuse |
Reply to this message |
| Hi almurrie, I too dream for the green sustainable living & keep a useable acreage at hand hoping that one day it arrives, as if it does arrive it will be the death of cities as we know them. |
|
By: communists.are_evil
11/06/2009
10:17 pm Yahoo! Profile:
communists.are_evil Did this message offend you?
Sign in to report abuse |
Reply to this message |
Yes! The WORST is yet to come.
And why?
It is because we failed to see the truth.
And what is the truth?
The truth is that the P. R. of China has been and continues to work towards obtaining control of this nation.
chinadoll_b you preach such utter BS here on these BLOGs.. If you LOVE the P.R. of China.. GO LIVE THERE and leave us here in peace!
We are proud of our fine nation and do not need Kiwi shiela`s like yourself who simply suckle off the successes of the Oz economy whilst giving nothing back except critisism and complaint..
You Kiwi`s are really something else!!
You come over here and do nothing but complain.
Geez! I though the Brit migrants were a pain.. But you KIWI`s take the cake! At least the BROT`s do their best to make anew life here and become part of the community...
The corrupt and evil communist Chinese no longer satisfied with taking some of what we have now seeks to acquire all that we have.
We must defend what is ours and say NO to those who would steal our natural resources, corrupt our oficials and bribe our leaders.
Say NO to the communist Chinese before it is too late and all that is left is debt. |
|
By: almurrie1@y7mail.com
9/06/2009
1:48 pm Yahoo! Profile:
almurrie1@y7mail.com Did this message offend you?
Sign in to report abuse |
Reply to this message |
Absolutely Jay
this is sensible short term, but selling all your assets on the basis that they are going to soon be worthless is not good advice. If anything they are going to be the only thing worth having because money will be able to buy less and less. Lock in 5 years at 6.5% fixed on property and you will be laughing, all the way back from the bank. The money is still flowing in Australia, just not as much. My hoped for revolution to green sustainable living is still a dream, but I know that we can switch to a better way of being without forcing a depression. It is the power crazed politicians I mostly fear, wanting to sell our public assets for a short term fix, which will result in huge jump in prices when profit is added to all previously government controlled prices. |
|
By: jaymarcel
9/06/2009
1:12 pm Yahoo! Profile:
jaymarcel Did this message offend you?
Sign in to report abuse |
Reply to this message |
| Almurrie1, I agree with you there, but, I do think having enough cash left in the bank for a 20% to buy another property in case of a short term fall in prices is a good back-up. |
|
By: almurrie1@y7mail.com
9/06/2009
12:55 pm Yahoo! Profile:
almurrie1@y7mail.com Did this message offend you?
Sign in to report abuse |
Reply to this message |
I don't know what your real name is, but this is a reply to the multiple clones who reply with exactly the same format, exactly the same grammar errors, exactly the same spelling mistakes, exactly the same idea over and over again.
The only reason interest rates will go up is because of inflation going up. You will make nothing from having money in the bank. Property will then double in price in only 4 years, which means you will be lucky to buy back one property for every 2 you have now sold. Even with the money accruing higher interest, most of it will go as tax, and inflation will take the rest.
Wake up Mr/Ms multiple personality and stop talking nonsense. |
|
By: wealthforlife@rocketmail.com
8/06/2009
9:50 pm Yahoo! Profile:
wealthforlife@rocketmail.com Did this message offend you?
Sign in to report abuse |
Reply to this message |
rodneythesaviour
You wont be selling the shirt off your back.It'll be getting ripped off.Like you will be,before they throw you in an old peoples home.Then what happens to your dollars.You'll be paying exorbitant care rates because you dont own your own home and have too many Dollars in the bank to qualify for subsidized care from silver chain.
> |
|
By: rodneythesaviour
8/06/2009
9:28 pm Yahoo! Profile:
rodneythesaviour Did this message offend you?
Sign in to report abuse |
Reply to this message |
Interest rates are indeed about to reach levels not seen for years!!
Yes indeed my fellow citizens.. We can only feel sorrow for those who would not see.. would not listen.. Those who rushed out to purchase property at prices, (such as those I charged for the properties I recently sold) which are not supported by the current economic conditions..
I was one of the lucky ones. I saw the writing on the wall and offloaded my properties whilst I might still make a handsome profit.
Now in retirement, I shall bathe in the warmth of the as interest rates grow and my deposits grow with them safely deposited in government insured bank accounts.
To those of you who still my doubt the words of steve_b_wilson and are hanging on to the assets you currently own in the hope that the value will be maintained despite the pending economic collapse...
I say --> Open your eyes and SELL!!
Or.. lose much more than your shirt in the months to come! |
|
By: sly_guy_nsw
8/06/2009
9:19 pm |
Message deleted. Reason: Breach of terms of service |
|
By: wealthforlife@rocketmail.com
6/06/2009
9:48 pm Yahoo! Profile:
wealthforlife@rocketmail.com Did this message offend you?
Sign in to report abuse |
Reply to this message |
You'll have to wait till Sunday for the full moon in Saggitarius.
Then when you hear the sound of breaking glass on your back door,your dog barking loudly,your cat meowing and screeching through the house as cats do on a stormy night,you can believe,because I say so that all your worst nightmares are coming true.
Just one more sleep.Now now dont reach for the little brown bottle just yet.Be brave like mummy taught you.Big boys dont cry,at least not in NZ they dont.
But then you've got so many women in this country to look after you guys its no wonder some of you turn out the way you do. Big babies is an apt description,who constantly run and whinge to the YAHOO mediators anytime someone posts something you dont like.
Do you just come on here to insult people? Well excuse me,but thats MY prerogative.Cant you try and be a little more original so at least I could enjoy your insults and have a laugh.
Ever hear that joke about the sly aussie who headed south looking for the nearest beach,when he came across some nz holidaymakers and asked them where he was and they replied with good humour, "Youre in 'New Zealand mate,The land of the long white cloud",
And he replied,"I dont remember catching a plane",
Let me know when you work it out.
> |
|
By: sly_guy_nsw
6/06/2009
8:14 pm |
Message deleted. Reason: Breach of terms of service |
|
By: wealthforlife@rocketmail.com
4/06/2009
4:25 pm Yahoo! Profile:
wealthforlife@rocketmail.com Did this message offend you?
Sign in to report abuse |
Reply to this message |
Thursday June 4, 2009
Australia dodges recession Q1 growth of 0.4% lessens need for rate cuts
SYDNEY: Australias economy expanded last quarter as the best trade performance in 48 years helped offset a slump in business and housing investment, putting it among the very few developed nations to have avoided a recession.
The Australian dollar hit eight-month highs as the economys resilience was seen lessening the need for further easing from the Reserve Bank of Australia (RBA).
'Weve dodged the recession bullet for the time being,' said Michael Blythe, chief economist at Commonwealth Bank. 'Its stronger than the RBA was expecting, and it reinforces the 'onhold for the time being' message.'
Wednesdays report showed GDP, the value of all goods and services, rose 0.4% in the three months to March, from the previous quarter when it fell a revised 0.6%. Recession is typically defined as two consecutive quarters of contraction.
Any growth at all was a rare performance among rich nations. The US economy contracted by around 1.6% in the first quarter, Canada by 1.4%, Germany 3.8%.
'The Australian economy has outperformed every other advanced economy in the March quarter, recording positive growth in the face of a savage global recession,'
Australian Treasurer Wayne Swan said in a statement.
Australias outperformance owes much to aggressive policy action from the central bank, which cut its key cash rate by 425 basis points in just seven months, taking it to a record low of 3.0%. The Labour government also weighed in with over A$52bil in fiscal stimulus.
> |
|
By: wealthforlife@rocketmail.com
3/06/2009
6:57 pm Yahoo! Profile:
wealthforlife@rocketmail.com Did this message offend you?
Sign in to report abuse |
Reply to this message |
DONT WORRY STEVE,THIS SHOULD CHEER YOU UP!
OR ANNOY THE CR P OUT OF YOU!
Govt: Positive growth for the Australian economy
3rd Jun 2009
Today's National Accounts show the Australian economy has outperformed every other advanced economy in the March quarter, recording positive growth in the face of a savage global recession.
GDP rose by 0.4 per cent in the March quarter to be 0.4 per cent higher through the year, boosted by early and substantial policy actions by the Rudd Government and the Reserve Bank.
This positive outcome is a testament to Australia's resilience amid the global recession, and compares starkly with nearly all other advanced economies.
Of the other 22 OECD economies that have reported March quarter outcomes, 20 have contracted. G7 economies contracted by an average of 2.2 per cent in the March quarter.
Despite broader weakness in the economy, household consumption spending rose 0.6 per cent in the quarter, contributing 0.3 percentage points to quarterly GDP growth.
Crucially, without the Government's stimulus payments, Treasury estimates the Australian economy would have contracted in the March quarter by around 0.2 per cent.
Household consumption has now grown by 0.8 per cent through the past year. By comparison, private consumption in the G7 area (excluding Italy, due to lack of equivalent data) has contracted by 1.4 per cent over the same period.
As planned, the Government's economic stimulus payments are helping to support demand and employment until direct public investments come fully on stream. Public investment recorded a small negative contribution to growth in the quarter, but should pick up in coming quarters as the next phase of the Government's stimulus plans take effect.
> |
|
By: steveb_wilson
3/06/2009
6:47 pm |
Message deleted. Reason: Breach of terms of service |
|
