Australian (ASX) Stock Market Forum

First home owner's grant

KRudd can be the honorary head of the REIV, the agents friend, he's up there with Alan Bond and every other real estate con man.
 
hello,

http://www.theage.com.au/national/first-home-buyers-strike-before-grant-ends-20090502-aqv1.html

big up to this guy and partner, well done man and you helping out the family

securing a residence for many years to come bro

thankyou
robots


Two points from that article:

"Mr Limco, a customer service consultant at a telecommunications company,"

Why do people persist with trying to bignote their jobs? It just looks so ridiculous. The word consultant should at least be reserved for someone with a degree in the relevant field of work.

"...said he hoped to move in by the end of the year, along with his partner, parents, two siblings and grandfather.

His first home will house most of his family."

LOL, anyone else seeing what i'm seeing here? :D
 
hello,

should he wheel the grandfather off to a "retirement" village to sit around in a circle in the living room with a blanket over his legs?

nah man, pops is living it large with the family

thankyou
robots
 
hello,

should he wheel the grandfather off to a "retirement" village to sit around in a circle in the living room with a blanket over his legs?

nah man, pops is living it large with the family

thankyou
robots


wasn't a comment on family dynamics, more, seeing if anyone else saw the connection with the $42k freebie and the purchase of a 'family home' by a 'qualifying first home owner'.

'family home' is the key term
 
hmmm...think you will find that is the position description...ii is provided by most big companies today.....for their call centre people
you consult them....when I was on the phone to telstra a week ago....they kept transfering me over to another consultant...most were in the Philipinnes with very bad english....and no they could not figure out how to fix the problem...so I sent their wireless modem back...ended the deal

Ps with all his family living under the same roof....he will have their help in contributing to the costs of the mortgage....
note he said he was sick of having to move....ie renting
 
you've totally my point(s)

also, using that logic, when i go to the sports store down the road, and ask,
"which soccer ball is cheaper?"
"uhhh the black one is a dollar cheaper"
this suddenly makes the store attendant a consultant because i asked him a question and he could give me a basic answer.
This could be applied to any basic attendant job.
riiiight....

customer service is NOT a profession, its just a crumby admin job, and thus the customer service employees are not worthy of consultant status.


And my point re: the family home, maybe its not really him buying the home..... it may be in his name temporarily... i dunno... for say... the 12 month minimum?
 
What, is this the new 'Australian Dream'..........'Home ownership(but you'll need your extended family to help you pay it off)':rolleyes:

Does this show a shift away form 'the kids move out and stay out' ............depending on how common it becomes this would certainly reduce(or at least slow) housing demand;)

'Australia - The(slightly less) Lucky Country' :p:

cheers
 
hello,

yawn, more predictions

same ones made 3yrs ago softie, you should check:

"house prices to stagnate for years", it got so embarrassing for many it got closed down

sorry, i know i know, no one is going to have a job, it takes 12mths after the stock market for housing to tank, interest rates are going to be 5000%

anybody got a graph of house prices for the past 30yrs?

thankyou
robots
 
Why do people persist with trying to bignote their jobs? It just looks so ridiculous.

True, but "gambler" just doesn't sound as impressive as a Fund Manager that specialises in Securities, Derivatives and Currency Markets. The more fancy words used the better, especially if most people have no idea what they mean.
 
hello,

yawn, more predictions

same ones made 3yrs ago softie, you should check:

"house prices to stagnate for years", it got so embarrassing for many it got closed down

sorry, i know i know, no one is going to have a job, it takes 12mths after the stock market for housing to tank, interest rates are going to be 5000%

anybody got a graph of house prices for the past 30yrs?

thankyou
robots

Not 30.

but I have this
http://www.ampcapital.com.au/K2DOCS...stralia's-Achilles-heel_12-11-2008.pdf?DIRECT

and the thing is that this was done before unemployment started to rise, and not having the figures where people have shifted to casual work instead of full time work.

The fact is that we have the most expensive housing in the world, that we are geared at ridiculous levels and that our real incomes are falling and our unemployment is rising. There is no guarantee that house prices will fall, but it is more likely that they will, than it is that they will rise.
 
Not 30.
The fact is that we have the most expensive housing in the world, that we are geared at ridiculous levels and that our real incomes are falling and our unemployment is rising. There is no guarantee that house prices will fall, but it is more likely that they will, than it is that they will rise.

good post.
 
Not 30.

but I have this
http://www.ampcapital.com.au/K2DOCS...stralia's-Achilles-heel_12-11-2008.pdf?DIRECT

and the thing is that this was done before unemployment started to rise, and not having the figures where people have shifted to casual work instead of full time work.

The fact is that we have the most expensive housing in the world, that we are geared at ridiculous levels and that our real incomes are falling and our unemployment is rising. There is no guarantee that house prices will fall, but it is more likely that they will, than it is that they will rise.

hello,

gee looks like a non issue in the last recession,

"our real incomes are falling" really? maybe for some but not for others

thankyou
robots
 
hello,

gee looks like a non issue in the last recession,

"our real incomes are falling" really? maybe for some but not for others

thankyou
robots

Well if you think that people receiving cuts in hours, moving to part time and casual from full time and losing jobs is not affecting real incomes, then you have some really whacked notion of what is going on in the real world... do you work for the government?
 
All this talk of huge plumbers salary seems ridiculous. My dad has been a plumber for over 35 years. Up until 3 years ago he was earning 38k a year, now he has gone up too 44k.
woopdeedoo
He used to work for someone who only had 3 employees, his boss was obviously doing well with a couple of houses and more than 4 cars for himself.
That link said before the average was about 55k, which means at least HALF of plumbers are on less than that and it also accounts for people like my fathers previous employer who are making ridiculous money. Also the wages in capital cities such as Sydney and Melbourne are always a lot higher than regional cities like Newcastle.

http://www.censusdata.abs.gov.au/AB...ensus Tables&method=Place of Usual Residence&

The 2006 census data shows the average gross weekly income for trades is between $600-$1000, a far cry from the $2K stated earlier.
 
All this talk of huge plumbers salary seems ridiculous. My dad has been a plumber for over 35 years. Up until 3 years ago he was earning 38k a year, now he has gone up too 44k.
woopdeedoo
The 2006 census data shows the average gross weekly income for trades is between $600-$1000, a far cry from the $2K stated earlier.

A plumber earning $22 per hour is not getting anywhere near market rates. It seems weird. Or does he work 19 hours per week ?

I have put reasons as to why tradesmen's wages artificially look low, and it is very logical.
 
your father shouldve grown some balls and started sub contracting ;)

Maybe you should grow some of your own and stop insulting people who cant punch you in the face like you deserve.

Ok I shouldnt have said that but you dont say that about someones father without consequences, where I come from anyway.
 
Well if you think that people receiving cuts in hours, moving to part time and casual from full time and losing jobs is not affecting real incomes, then you have some really whacked notion of what is going on in the real world... do you work for the government?

No his notion is it has to affect 100% of the population for it to have an real effect .... even majority is not good enough he's getting a pay rise the rest of the population doesn't still doesn't count :D
 
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