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Well yes, you are correct on the last part. Mainly because he's an un-hinged lunatic! Make no mistake - Donald Trump is *only* interested in Donald Trump and beyond incompetent. I'm not suggesting Biden is any less incompetent mind you. Trump says whatever pops into his head with no regard...

Could be worse - Imagine if they call you Von ShitzInPants....

Wow - I never thought I'd see the day when I agreed with Waleed Aly! https://www.news.com.au/finance/real-estate/renting/waleed-aly-warns-greens-rent-freeze-call-poses-massive-risk/news-story/a134933b470f8e1a4f4ba596028bfd2f

The Vic ALP have written the book on the subject. They opened the batting by spending $1.2billion *not* to build a road about 10 years ago with things off the charts over budget ever since. The public service is totally out of control having more than doubled over the last 6 years. I could go...

Hey - teaching the teachers primary school level maths is difficult stuff!

Yeah it's a thing. If they own a property in ACT and live in it they are not entitled to the living away from home allowance but if they rent somebody elses property they are eligible. So they rent to each other. Just a big taxpayer stitch up really.

"ultimate racist slur" huh? Hold my beer! With regard to the actual comment made by Hanson, with the context explained I don't see it as racist what so ever. It's a simple thing - if you don't like it here, go back to whence you came. As for the broader question of racist acts, the...

Shannons were over twice as expensive as everybody else (mainstream insurers) for the Aston Martin limited use, agreed value, choice of repairer etc. My car is stock standard so modded case may be different

I would set it at 75 but yes - there should be an upper limit IMO. I agree with the sentiment but would be very unlikely to vote for anybody younger than their mid 30s due to lack of life experience. The problem IMO with Australia is the pathway seems to be via the union movement/government...

You don't really have a choice (either builder or consumer) when it comes to DBI. Further, as I posted above, when it comes to medium/high rise apartments =>4 levels DBI often is not required leaving people screwed bigtime

Medium and high rise apartments are a minefield and certainly something I'd avoid like the plague as a buyer Phoenixing a building company isn't very easy these days. To be a building company at least 1 director must be a registered builder. In Victoria and QLD at least, a bankrupt or a...

I haven't read all the contracts there but strongly disagree with their characterization of the HIA/MBA contracts. Of course there is no backing away that both of those are industry bodies. Yep - nobody should sign any contract (building or otherwise) that they don't fully understand or agree...

Having work checked and having somebody looking over ones shoulder videoing every move are very different things. I had occasion just this week where I flat out refused a clients request for a site tour as the site simply wasn't safe for them to attend. Further, I also restricted trades people...

Well the messes are the ones that get publicity. Certainly those that have fallen over leave a massive mess behind them. As painful as it is, the industry is midst of a big cleanout at the moment which is a good thing.

Yet they still strive to get the most they can for each piece of land Dunno - you were the one that bought their way of living up. Maybe a bad choice of words on my part - your supposed solutions to the problem will cause near the exact opposite of the desired outcome. My memory is hazy...

Yeahnah. Unqualified people having a crack at building what is a very complex 'thing' nearly guarantees a drop in overall standards. Just a tip for you: Overall building isn't particularly profitable, particularly now. Every week more and more are going under and there are plenty to come...

You do realise that literally anybody who decides to sell land (including governments) the world over has that goal??? I'm sure there are a few exceptions but they are few and far between. Have you actually seen how the Japanese society works? Yes it has it's attractions but for most of the...

I don't know the full story but it appears the owners dodged a bullet not accepting the developers offer. Not sure if they asked for cash or not. Unfortunately this is a common problem with semi detached our terraced housing. Really the only way to 'fix' that one is to re-roof it and the...

Nup. The only time a business can be forcibly wound up is if it runs out of cash to pay it's debts. First step is for the creditor to sue the company for the outstanding debt and assuming it wins and the debt is unpaid it can then apply to the court to make them bankrupt. Min debt is $10k...

Only the interest part of a mortgage payment is tax deductible. Any & all principal payments are not deductible what so ever. A depreciation charge against capital improvements *may* be claimed but the rules around that are quite restrictive.

Australian building approvals are waaaaaaay off where they need to be. In Victoria we are at 30 year lows at a time when (now former) Chairman Dan was spruking record highs. Airbus Albo also supposedly fixed the crisis but Australia wide starts are falling as well...

Although for now the chances of a prolonged period of being empty of a few of them is very low, that is not to say it can and will happen in the future. That will change the equation very quickly. Buying extra properties *may* lower that individual risk via diversification but like leverage...

For the most part, I suspect local laws don't differ meaningfully at all for the vast bulk of western countries internet big business are interested in. In reality, they are managing (maybe) 10% of markets and of that maybe a few regulations in each. Considering the recourses they have, it's...

House price growth is not a linear thing. What tends to happen is values go sideways or have very modest growth/decline for years on end before a large price spike. We had a reasonable price increase about 8 years ago, a big boom during covid (nobody is sure about the logic behind that one...

https://en.wikipedia.org/wiki/Internet_censorship_in_Australia#:~:text=The%20sites%20barred%20include%20The,%2C%20TorrentHound%2C%20IsoHunt%20and%20SolarMovie. FB and Google tried this a few years ago and then caved within days. Will be interesting to see what the outcome this time around is.

There were operations in Australia - said add was displayed and 'consumed' by the end user here. Further, nearly every one of these advertisers will have a presence in Australia otherwise it's unlikely we would see said adds other than in error It happens now. There is a fairly exhaustive...

No wonder this generation will never be able to afford a house! https://www.news.com.au/finance/work/careers/young-aussie-reveals-her-plan-to-never-work-a-fulltime-job-again/news-story/e3c99989d695e283874ccd96b47431de Things I did to afford my first house: 1/ 40 hours was a short work week...

Actually yes. They are happy to operate in a given country with a view to gaining an income then I don't see a problem with them adhering to local laws. If they don't see value in that market then of course the tech to geofence it is not hard. Of course there are plenty of ways to get...

If you are in the criminal system then yes. Sometimes.... Anything else - not really. I suspect you are fairly safe from being sued by Gina Rhinehart because even if she bankrupted you, it still probably wouldn't come close to cover her costs in bringing the action. If you, on the other...

Usually these disputes are civil in nature which means legal aid gets you nada in most cases. There is no doubt what so ever that in many cases, he with the deepest pockets wins. Often that only needs to be a perception to scare the small guy from even trying. Further, even the most rock...

I have no idea about NZ but in Aus the stage payments are fairly cash positive to the builder for most of the build. By far the biggest outgoing cash drain is in the final stage which is way more than the typical 10% final payment. This applies for most volume builds. Quite often for the...

Options are there however they just haven't happened. It's a major failure of the industry/government in the relevant countries. Hard to say else where but I suspect in Australia the plan would need to come from a federal level without any option for lower levels to say no. That will be a big...

I somehow think this $6.5b valuation is overstated, possibly by up to 100x. Time will tell however I suspect DWAC share price is in a (lot) of a bubble.