NO in Feb, YES in March

Bruce
Mooloolaba, Qld

Sorry that last post got scrambled…..

Thanks Graeme, that fits exactly with what I thought.
Not trying to sound partonising, but I understand the local elites can be incredibly naive re health. Like you say, ignore problems until the last minute, then expect a miracle cure, without changing lifestyle. Hence the demand for rhino horn and tiger’s…[Read more]

Thanks Graeme, that fits and then there is the language barrier. I know lots of Chinese Malays in Sydney, but have only visited KL briefly, so am unclear about the language thing.
exactly with what I thought.
Not trying to sound partonising, but I understand the local elites can be incredibly naive re health. Like you say, ignore problems until…[Read more]

Tim, if you can get from Brisbane CBD to Byron in an hour, you are setting all sorts of records.

I spent a lot of time down there at New Years with local friends. You might find more growth opportunity in Bangalow, Mullum, Brunswick Heads, Pottsville, Bogangar, Kingsliff, Ballina, and Yamba.

But all these prices have boomed too. And you’ll get…[Read more]

scarecrow and graemeh, can you give me an idea of what medical services are like in KL for the elites? I looked into setting up a physiotherapy practice there a few years ago. Some KL friends living in Sydney told me when their wealthy KL based father got sick, there was a lack of quality health care, especially in allied health…[Read more]

Interesting that Steve is getting into franchise businesses. BTW, is this thread the first time Steve has mentioned he cashed up significantly last year???

I have struggled on what to do with cash over the last 10 months. I put a bit into property last year. Anyone with a brain I spoke to couldn’t see the share market moving until June 2004. And…[Read more]

Aussie, I take on board what you say about Vic.

Roads to me are a essentially a one off capital expense, with some minimal ongoing maintenance.

Hospitals and other aspects of a public health system are ongoing costs. And I’ll let you in on my twisted little bit of insider knowledge.

Hospitals only exist if you can get specialists to work in…[Read more]

aussie, I gotta come down on Rugby’s side a bit. I worked at Hervey Bay and Nambour Hospitals and I can say that Qld Health doesn’t place a lot of priority on improving services to people who intentionally choose to go and live in an area where the services are compromised already. Certain government depts take note of the ratio between government…[Read more]

I agree with most of the above.
However, as someone who has spent a lot of time in nice retirement areas, I believe many baby boomers wanting the sea change will get burnt.

Many of them retire to areas where services are a long way away. i.e. hospitals, GPs, social outlets, family.

THen, all it takes is for them to have a heart attack or develop…[Read more]

P.S. Suncorp currently have no loan application fees as a special.

Bruce
Mooloolaba, Qld

Corrine, you might try Suncorp Metway, a Qld bank. They told me today they look seriously at 12 months profit and loss status if self employed for conventional loans (not lo doc). They also consider lending 95% (mort insurance required). This is different to what they told me 6 months ago. I know they are still hot on property whereas the southern…[Read more]

Michael, I have had an architect and a builder (both friends) inspect the property, and am eyes open re undersized bearers, and repair costs.

The only issue that remains contentious is my interest in disposing of the property down the track. Most buyers would be thrown by something like undesized bearers, asking for the problem to be fixed, the…[Read more]

I saw Barb Page today. She seemed to live up to her reputation. Re trusts, there is a multiple trust arrangement where an operating business exists under a corporate trust, other investments such as individual IP renovations are placed under unit trusts, and income from all trusts are channeled into a discretionary trust.

As for the earthmoving…[Read more]

thanks guys. I am seeing another accountant next week recommended by DaleGG (somersoft forum) in Melbourne. He spoke highly of Dymphna Boholt and Barbara Page at Active Financial Answers on the Sunshine Coast.

Bruce
Mooloolaba, Qld

that would be a cool trick to pay mortgage rpts with a credit card.

I have a $30k limit on one card and have used it to throw money into short term high return investments.
The return has to be pretty good cos they hit you with a 2.5% over the counter cash advance fee.

I got a gold mastercard specifically when spending a lot of time in the USA.…[Read more]

that would be a cool trick to pay mortgage rpts with a credit card.

I have a $30k limit on one card and have used it to throw money into short term high return investments.
The return has to be pretty good cos they hit you with a 2.5% over the counter cash advance fee.

I got a gold mastercard specifically when spending a lot of time in the USA.…[Read more]

Point taken Mel. Will drop the unit trust idea and buy it in joint names.

Bruce
Mooloolaba, Qld

I wonder what the situation is for marraige separations, i.e. what criteria do you have to satisfy to claim a separate PPOR each during trial or intended permanent separations.

Bruce
Mooloolaba, Qld

I like to think about what drove the last property boom. I tend to think it was a combination of:
– poor share market performance
– ergo, poor super fund performance
– S11 and Iraqi tension made investment closer to home more attractive, and share markets potentially more volatile.
– low interest rates.
– comparative value of IPs to poor share…[Read more]

Thanks for that too picja1.
I chose Adelaide Bank for one of my loans because of the high exit fee of RAMS.
Are you a broker?
The ones I spoke to were in Brisbane.
Is there much interstate variability in what is made available through brokers?

Bruce
Mooloolaba, Qld