By: akdoc1 29/10/2009 8:49 am Yahoo! Profile: akdoc1 Did this message offend you? Sign in to report abuse |
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Spudman don't confuse China's car sales with potenial exports and continuing sales. China has dozens of small car companies and stimulus is aimed at keeping their regional production up with 50% tax reductions and other incentives for cars under 1.6 lt. China's car exports have dropped 37% against last years figure which were also down. The car sales in large capital cities are also subsidised and I believe protectionism still demands 50% local content be in the finished products or tarrifs apply. The point being the extra cars being produced are costing the Chinese tax payers. BHP can only be confident while all these subsides exist to prop up Chinese jobs.
The amount of electric vehicles are interesting in this catalog
http://www.made-in-china.com/catalog/item999i132/C ar-8.html |
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By: mrpotatoman@ymail.com 28/10/2009 11:38 am Yahoo! Profile: mrpotatoman@ymail.com Did this message offend you? Sign in to report abuse |
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and all is well with the world...
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BHP Confident On China
Thursday October 22, 2009, 8:01 am
Last month China imported a record 64.5 million tonnes of iron ore, much higher than anyone had expected, as car production topped a million units again for a seventh month in September.
A week ago Rio Tinto lifted its targeted 2009 iron ore production by between 5% and 7.5% to a maximum of 215 million tonnes.
Yesterday BHP Billiton revealed solid September quarter (the first of the 2009-10 financial year) with record iron ore production and more importantly, a big rise in output from Australia.
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By: packofnutters 27/10/2009 6:18 pm Yahoo! Profile: packofnutters Did this message offend you? Sign in to report abuse |
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WOW it sure looks like 'disaster is looming for Australia especially with todays news item below!!!!!!!!!!!!!!!!!!!! !!!!!!!!!Ha ha
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Aussie firms ink $34b contracts in China
Tuesday October 27, 2009, 5:42 pm
Australian businesses have signed $US31 billion ($A33.8 billion) worth of contracts for projects in Guangdong, as the Chinese province's governor says there are plenty more deals to be done.
"At present, it is a good time for further enhancing the cooperation between Guangdong and Australia," Guangdong Governor Huang Huahua said in Sydney on Tuesday.
"Two-way investment cooperation has a lot of potential," he said at a signing ceremony which made official 27 infrastructure, agriculture and industrial projects in the Southern Chinese province of 94 million people.
"We welcome enterprises in Australia to seize new opportunities to ... speed up economic growth."
Mr Huang wants Guangdong and Australia to focus on mineral and energy cooperation, growing two-way investment, strengthening scientific and technological cooperation.
The two nations should increase opportunities for government and business level dialogue and strengthen cooperation in education, culture and tourism he said.
Guangdong has 160 investment projects for which it is inviting cooperation from overseas business.
Trade between Guangdong and Australia was worth $US8.14 billion in 2008, 1/8th of total Sino-Australia trade.
Guangdong has so far approved direct investment from Australia worth $US650 million.
Guangdong itself has established 28 enterprises or representative offices in Australia, worth almost $US100 million in investment.
At the Hong Kong-Guangdong Business Conference in Sydney, Henry Tang, Hong Kong's chief secretary for administration, encouraged Australian business to look at including Hong Kong in their China strategy.
>>>>>>>>>>>>>>>>>!!!!!!!! !!!!!!!!!
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By: wealthforusall 27/10/2009 8:57 am Yahoo! Profile: wealthforusall Did this message offend you? Sign in to report abuse |
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Everything on the up and up!
>>>>>>>>>>>>>>>>
Ten centres tipped for property boom
Monday October 26, 2009, 4:09 pm
Ten key regional centres in Australia are positioned to experience booming property prices as the economy recovers, a real estate researcher says.
Real estate forecaster Terry Ryder has tipped the Western Australian resource boom towns of Port Hedland and Karratha to again grow strongly while agriculture and tourism are tipped to benefit Orange in NSW and north west of that state.
In his "National top 10 Boom Town Hotspots" report Mr Ryder recommends investing in the cities of Bunbury in WA and Newcastle in New South Wales.
The remaining eight towns to make it into the list include Ceduna in South Australia, Gladstone in Queensland, Geraldton, Port Hedland and Karratha in WA, Portland in Victoria, Orange and the north-west of NSW.
Mr Ryder also warned investors to shy away from buying in "pure mining towns".
He said investors could benefit from Australia's new wave of mining by focusing on strategically located regional centres that were set to benefit from major new projects.
"While investors who get in early can make big capital gains, most mining towns exist in a bubble, which can burst if demand for resources drops, the local mine closes or housing demand falls away after construction of a major project is completed," Mr Ryder said in a statement.
Mr Ryder is the director of the property website www.hotspotting.com.au.
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By: packofnutters 25/10/2009 1:47 am Yahoo! Profile: packofnutters Did this message offend you? Sign in to report abuse |
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I see the nutters have finally pushed themselves over the edge!
Not realizing in their ignorance that a tactic that works for some, definitely backfires for them.
I'd say from the looks of things ,they have buried them selves in it up to their eyeballs!
Im waiting for the inevitable fireworks for when the train has well and truly run off the tracks!
Although with the flood waters rising the way they are i'm guessing it will come to a slow grinding standstill and remain buried in the mud!
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By: firefly_au 24/10/2009 1:22 pm Yahoo! Profile: firefly_au Did this message offend you? Sign in to report abuse |
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For goodness sake Wealth :)
What is your problem?
I have not been sticking it to you and chatting about financial issues is what most people frequent this forum to do! Savings, Stocks, bonds, Forex and predicting the markets, sometimes erroneously is at least related to finance! If you find that boring you are quite welcome to go to a more exciting horse racing forum!
Also IMHO you should work on your personality and people skills and try to be happier with your life instead of carrying all this spite and ill-will around with you. I don't care what you think of my posts as such but your capacity to carry on like a harpy is getting to be irritating and it cant be good for your mental, emotional, and physical health.
So in the interest of preserving your future health I suggest we just ignore one another in future.......
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By: packofnutters 24/10/2009 12:02 am Yahoo! Profile: packofnutters Did this message offend you? Sign in to report abuse |
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OH YEAH,WER'E IN TROUBLE ALRIGHT ESPECIALLY WITH the following news!
Economy on recovery path, index shows
Wednesday October 21, 2009, 3:50 pm
The Australian economy is on the road to recovery with a leading economic indicator posting its first positive reading in nearly a year.
The annualised growth rate of the Westpac-Melbourne Institute leading index of economic activity, which indicates the likely pace of activity three to nine months into the future, was 1.7 per cent in August.
It was the first positive reading for the index since September 2008.
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By: wealthforusall 23/10/2009 9:05 pm Yahoo! Profile: wealthforusall Did this message offend you? Sign in to report abuse |
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I see the same boring share trading lingo going on ,on the negative blog.
they either doing that or telling everyone the world is about to end any second because they have a crystal ball that knows it all.
its called firefly!
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By: mrpotatoman@ymail.com 23/10/2009 12:17 pm Yahoo! Profile: mrpotatoman@ymail.com Did this message offend you? Sign in to report abuse |
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HA HA!
TO THE NEGATIVE DOOMERS;
Delete away all you can!
You are wasting your time! |
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By: mrpotatoman@ymail.com 23/10/2009 12:16 pm Yahoo! Profile: mrpotatoman@ymail.com Did this message offend you? Sign in to report abuse |
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HA HA!
TO THE NEGATIVE DOOMERS;
Delete away all you can!
You are wasting your time! |
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