Tuesday, June 07, 2016

RBA leave rates unchanged

lol i never would have guessed the RBA left rates fixed at 1.75% last night........when i checked the $A this morning (joking).


Bet you the RBA are going to be looking for a 0.25% cut next meeting as i dont see Yellen increasing until September at the very earliest (if not December).


The RBA really are caught between a rock and a hard place. Drop rates....property becomes even more unaffordable, lower rates.....$A goes up and exports become less profitable.



Saturday, June 04, 2016

Whirlpool forums

lol been 9 years since I cancelled my internode account to move to New York.......been spending some time recently in the whirlpool forums after a google search turned up a post I was interested in.


lol just remembered why I hated their forums......too many power trippers.






Basically Gnuthad was unhappy with my comments about St George that I posted (pretty much same as here - http://blog.collins.net.pr/2016/06/nice-one-st-george-not.html  ) even though 5-10 people jumped in within a few hours with comments and suggestions.


Sieg Heil Sig Heil, you will goosestep now I tell you Sig Heil Sig Heil


I guess seeing I'm not a subscriber anymore its their home court their rules......but thanks Gnuthard....just reminded me why I think closed ecosystems suck.




PS. In case you are a WP user and want free speech and to see what people are saying about St George Bank shafting aussie expats and stopping Portfolio Loans....feel free to check out - http://australianpropertyforum.com/topic/10500992/

Thursday, June 02, 2016

Nice one St George...... (not) :(

Nice one St.George Bank ..... :(  just found out that they've changed the rules on your portfolio loans and that they are no longer offering ANY loans to Australian expats working overseas so even though we've paid down our mortgage over $A110,000 over the last 12 months they will not allow us to purchase an additional investment property in Sydney.

Oh and because we've locked in some of our loans until 2020....cant release the equity in order to refinance anywhere else either.

I've always heard about Australian banks being assholes when the going is tough......we're doing great and paying down our mortgages every month like clockwork an additional 10k off the principal over and above regular payments only to find this bullshit about how 'you've changed your mind but we're locked in so cant go to the competition'.

I'll be making sure everyone is aware of what a raw deal St George is giving to aussies expats working hard overseas so they dont get caught in the same situation as us.

Bring on 2020 asap and we'll be taking our business elsewhere.

Ref #4233486

Sunday, May 29, 2016

Foreign investor tax

Dont get me wrong i'm all for allowing foreign investment in Australian residential property.

But as foreign investors are investing in Australia for reasons apart from ROI (but in addition to) not such a bad idea to capitalize on that premium of safety that they are seeking.

Not to do so is leaving money on the table and not valuing that aspect appropriately.

So in this instance the property coucnil is wrong (lol....again).

Saturday, May 28, 2016

Rizing

Really really enjoyed seeing the play Rizing at Flux Theatre tonight, could do with some wholesale editing to drop one or two of the concepts, lol trust me if i tried to tell you the story you wouldnt believe me....but really thought provoking, something i wish i could see again and again to see if i have a different take on it.

Some absolute standout stars in the cast....fully expect to see the rise to the top of their peers in the coming years.

Its a limited run so if you are in NY and have a chance to see it before June 4th i highly reccomend it.

Friday, May 27, 2016

bye bye .zip spam

Awesome post....finally got around to implementing this
Now can someone tell me who the hell is clicking on these in order for it to be worthwhile to the spammers in the first place.....?

Tuesday, May 24, 2016

Alamo Drafthouse Cinema coming to Brooklyn

Another awesome reason for living in Brooklyn heights, cant wait for this to open and within walking distance of our apartment :)


http://www.brownstoner.com/brooklyn-life/alamo-drafthouse-brooklyn-city-point-opening-summer-2016/


Brooklyn’s Drafthouse will have seven screens and show films ranging from indie reels to Hollywood blockbusters. Although the Brooklyn location’s menu has not yet been announced, highlights from its 23 other locations include goat cheese pizza, mini banh mi hot dogs and hatch green chile pork stew, and according to a press release, the Brooklyn spot will serve locally brewed beer. Drafthouse patrons are served their food during the screening.


- https://drafthouse.com/national/theater/downtown-brooklyn

Joe Rogan speaking the truth

Joe Rogan speaking the truth loud and proud !!


Tell me one thing in this video that you think isnt true.







https://www.facebook.com/thefreethoughtprojectcom/videos/1750335105186749/


Cheers,
Dean

Saturday, May 21, 2016

Venezuela issues

Coke announcing they can no longer buy sugar
http://fortune.com/2016/05/20/coke-venezuela-suspends/

Anyone think that this could spread or cause destabilization to other central American countries?