Cash on sidelines at lowest levels ever......

Want to know why stocks are at all time highs..... I'll just leave this here.

- http://www.zerohedge.com/news/2017-07-21/no-more-cash-sidelines-private-client-cash-levels-drop-record-low

All fun and games until the music stops (prob not until 2020.......but it WILL stop)

Australian super under performs yet again

Yet again Australian funds underperform USA market

- http://www.smh.com.au/money/super-returns-add-140b-to-national-retirement-savings-pot-20170719-gxe8t2.html

We're just lucky we are saving more as a percentage of income than most other countries.

We need more competiton for our Super in the Australian market as they currently arent delivering the results seen elsewhere.

Tori Amos

Scored tickets to Tori Amos concert on Nov 8th at The Beacon
- http://www.toriamos.com

Ticking another one off the bucket list. Really looking forward to this one.

Sydney public transport

Great advice around public transport, one of the things that Jodie and I have learnt about living in New York is that subways=smelly BUT awesome.

There is no faster way to get around and it makes me sad that Sydney isn't doing enough to increase its infrastructure investments.

https://www.domain.com.au/news/five-lessons-from-tokyo-a-city-of-38-million-people-for-australia-a-country-of-24-million-people-20170711-gx8t15/

Yo its Monday

"It goes a-1, 2, 3... Hey yo, it's just another bombtrack"

lol....awesome track to start a Monday with :)

I'm NowListening to Rage Against The Machine (1992)

- http://amzn.to/2qDvoa3

Metric vs Imperial

To all my USA friends, repeat after me...... 60x60cm tile does NOT equal 24x24in

No i dont care what it says on the box !!!!! Would you move this POS country to metric for freaking sake. !!!!!

We didnt have a challenger shuttle disaster here today but yes we did have an expensive mistake here this morning :(

Living anywhere but Sydney is camping out

I've said it before and i'll say it again, there will not be a USA style housing crash in Australian property.
1/ Most USA loans are non-recourse
2/ People in the USA relocate far more often for work (think a bucket where water sloshes from one side to the other). There are over 100+ tier 1 cities in the USA and people will move about on a regular basis (not talking the collapse of Detroit style....just regular moving from NY to Atlanta for a new job style).


The closest thing we in Australia have is the mining boom/collapse in Perth where miners/construction people have vacated Perth to move east to take up construction jobs in "infrastructure" projects causing rents to fall. But there is no way that 30% of Sydneysiders are moving to Perth in the next 24 months.......no matter how bad the economy gets in Sydney. -


http://www.smh.com.au/business/property/property-prices-in-capital-cities-tick-up-20170619-gwts7h.html

Location checkin using QR codes

Neat qr code use (location checkin) – www.doggernyc.com just saw this video and thought it might interest some of you https://www.youtube.com/watch?v=flnOyBT8a-g

Senator Brandis decides he wants to outlaw maths

Yet again another govt thinks that they can outlaw maths.


If i'm Hezbollah, Isis, Jemaah Islamiyah or Eesa and i want to communicate via encrypted messages.....you can use off the shelf tools that make it impossible to crack without massive amounts of super computer time and this is all done with Simple Maths.


So Brandis......why dont you come clean and tell people this isnt about terrorism but its about surveillance of the population.
- http://www.smh.com.au/federal-politics/political-news/how-the-turnbull-government-plans-to-access-encrypted-messages-20170609-gwoge0.html


You cocked up the NBN and pretty much everything else in the last few years, why should i trust you with this?


I wouldnt trust you with my lunch money let alone access to every social media account in the world.

Australian annual budget review

I was at the New York version of this talk last night - http://www.smats.net/media/budgetseminar.aspx

Lots of interesting nuggets of information in the slide deck. Especially the Tasmania "jump".

Not sure if any of you ever saw the tv show Fat Pig Farm, but if you didn’t try and seek it out, shows the “foodie” side of Tasmania so wondering if people moving there are “grey wanderers” looking for a cheaper lifestyle than Melbourne/Sydney.

Eg http://www.abc.net.au/news/2017-06-08/dark-mofo-spikes-hobart-accom-and-flights-prices/8601196

I’ve also seen some people here on Property Chat talking about yields etc and with such a small market its easy to tip it to overload quickly so might be over before it even starts etc

Disagreed with Steve about the "inland rail" being a white elephant, like I've said here before ruralisation of Australia is the only thing that can take the pressure off Sydney/Melbourne property prices.

Anyway hopefully some of you find it of interest.