Welcome Guest [Log In] [Register]


Reply
Ready. Set. Terrible.; Down we go.
Topic Started: 9 May 2012, 03:10 PM (1,126 Views)
WestAussie
Default APF Avatar

So, You guys have been getting stuff like this...

AAA up up up! Buy a house its a new boom

But then random hints that something is terribly terribly wrong but no one wants to admit it...

Thats got to mean more people have more money for housing right?

Highest loss. On record. I'm sure next year they will do better... since they just fired their staff but till then where are all those people getting money to pay for their 5 investment properties that they negative gear? Your economy is screaming at you its having a heart attack and the Australian governments insists its all hunky dory.

Food for thought... look who else had a AAA rating

AAA all the way!

Profile "REPLY WITH QUOTE" Go to top
 
Pig Iron
Member Avatar
Bogan scum

the car industry has been screwed for 10 years. this is an utterly meaningless post.
I am the love child of Tony Abbott and Pauline Hanson
Profile "REPLY WITH QUOTE" Go to top
 
stinkbug
Member Avatar


timmy
9 May 2012, 05:37 PM
the car industry has been screwed for 10 years. this is an utterly meaningless post.
And it has about another 10 years left in it before they admit defeat. It costs too much to build things here.
---------------------------------------------------------------

While it's true that those who win never quit, and those who quit never win, those who never win and never quit are idiots.

Profile "REPLY WITH QUOTE" Go to top
 
WestAussie
Default APF Avatar

stinkbug
9 May 2012, 05:42 PM
And it has about another 10 years left in it before they admit defeat. It costs too much to build things here.
Yer I guess. Are Australian production lines even automated? Or is it just a few hundred burley men with hammers. Unga boonga unga boonga. Every article I read about them is them taking one step sideways three steps back. For companies that operate in a sun burnt country you think they would offer solar cell and electric car packages instead of just following america
Profile "REPLY WITH QUOTE" Go to top
 
Sunder
Default APF Avatar


WestAussie
10 May 2012, 01:20 AM
Yer I guess. Are Australian production lines even automated? Or is it just a few hundred burley men with hammers. Unga boonga unga boonga. Every article I read about them is them taking one step sideways three steps back. For companies that operate in a sun burnt country you think they would offer solar cell and electric car packages instead of just following america
Problem is, the Australian car market just doesn't have the economy of scale. Hundreds of millions in engineering and testing efforts go into cars. You can't make a car just for a country of 22 million and sell it at a reasonable price.

I also heard that Germany have a higher rate of solar panel take up than Australia - and having just been there, I'd believe it.

As unpopular as it would make me, perhaps the truth is we've been spoiled by ultra cheap power and fuel for too long and we're screaming poverty the moment it moves up?
Property speculation is a type of gambling... But everyone knows that in gambling, the house always wins in the end.
Profile "REPLY WITH QUOTE" Go to top
 
themoops
Member Avatar
Ruby Member
So just give them more money. Still a fraction of what we give to negative gearing and probably lots of other garbage like foreign aid. Or fuck it all together if we can have much cheaper cars?
stinkbug omosessuale


Frank Castle is a liar and a criminal. He will often deliberately take people out of context and use straw man arguments.
Frank finally and unintentionally gives it up and admits he got where he is, primarily via dumb luck!
See here
Property will be 50-70% off by 2016.
Profile "REPLY WITH QUOTE" Go to top
 
stinkbug
Member Avatar


themoops
10 May 2012, 11:00 AM
So just give them more money. Still a fraction of what we give to negative gearing and probably lots of other garbage like foreign aid. Or fuck it all together if we can have much cheaper cars?
We already import a huge range of foreign cars from a variety of places. Traditional large Aussie sedans are selling fewer and fewer units (for a variety of reasons).

I quite like Japanese cars, FWIW. Not always exciting, but generally comfortable, reliable and reasonably priced.
---------------------------------------------------------------

While it's true that those who win never quit, and those who quit never win, those who never win and never quit are idiots.

Profile "REPLY WITH QUOTE" Go to top
 
Gossamer
Member Avatar
44th most prolific poster on APF

timmy
9 May 2012, 05:37 PM
the car industry has been screwed for 10 years. this is an utterly meaningless post.
I work in the local car industry and disagree. It has only been screwed for the last five years. And there is no hope for recovery.

Ford - just posted their biggest loss. The end is nigh for them.
Toyota - 2/3 of their production is exported and are being hurt badly by the high AUD. They are under risk from other Toyota plants.
Holden - will be last one standing due to the emotional connection to the local name. They will then just become a CKD plant.
Edited by Gossamer, 10 May 2012, 09:48 PM.
Common sense is a curse - those who have it need to suffer dealing with those who don't have it.

APF idiot list
Nelson
Black Panther
Profile "REPLY WITH QUOTE" Go to top
 
1 user reading this topic (1 Guest and 0 Anonymous)
« Previous Topic · Australian Property Forum · Next Topic »
Reply



Australian Property Forum is an economics and finance forum dedicated to discussion of Australian and global real estate markets and macroeconomics, including house prices, housing affordability, and the likelihood of a property crash. Is there an Australian housing bubble? Will house prices crash, boom or stagnate? Is the Australian property market a pyramid scheme or Ponzi scheme? Can house prices really rise forever? These are the questions we address on Australian Property Forum, the premier real estate site for property bears, bulls, investors, and speculators. Members may also discuss matters related to finance, modern monetary theory (MMT), debt deflation, cryptocurrencies like Bitcoin Ethereum and Ripple, property investing, landlords, tenants, debt consolidation, reverse home equity loans, the housing shortage, negative gearing, capital gains tax, land tax and macro prudential regulation.

Forum Rules: The main forum may be used to discuss property, politics, economics and finance, precious metals, crypto currency, debt management, generational divides, climate change, sustainability, alternative energy, environmental topics, human rights or social justice issues, and other topics on a case by case basis. Topics unsuitable for the main forum may be discussed in the lounge. You agree you won't use this forum to post material that is illegal, private, defamatory, pornographic, excessively abusive or profane, threatening, or invasive of another forum member's privacy. Don't post NSFW content. Racist or ethnic slurs and homophobic comments aren't tolerated. Accusing forum members of serious crimes is not permitted. Accusations, attacks, abuse or threats, litigious or otherwise, directed against the forum or forum administrators aren't tolerated and will result in immediate suspension of your account for a number of days depending on the severity of the attack. No spamming or advertising in the main forum. Spamming includes repeating the same message over and over again within a short period of time. Don't post ALL CAPS thread titles. The Advertising and Promotion Subforum may be used to promote your Australian property related business or service. Active members of the forum who contribute regularly to main forum discussions may also include a link to their product or service in their signature block. Members are limited to one actively posting account each. A secondary account may be used solely for the purpose of maintaining a blog as long as that account no longer posts in threads. Any member who believes another member has violated these rules may report the offending post using the report button.

Australian Property Forum complies with ASIC Regulatory Guide 162 regarding Internet Discussion Sites. Australian Property Forum is not a provider of financial advice. Australian Property Forum does not in any way endorse the views and opinions of its members, nor does it vouch for for the accuracy or authenticity of their posts. It is not permitted for any Australian Property Forum member to post in the role of a licensed financial advisor or to post as the representative of a financial advisor. It is not permitted for Australian Property Forum members to ask for or offer specific buy, sell or hold recommendations on particular stocks, as a response to a request of this nature may be considered the provision of financial advice.

Views expressed on this forum are not representative of the forum owners. The forum owners are not liable or responsible for comments posted. Information posted does not constitute financial or legal advice. The forum owners accept no liability for information posted, nor for consequences of actions taken on the basis of that information. By visiting or using this forum, members and guests agree to be bound by the Zetaboards Terms of Use.

This site may contain copyright material (i.e. attributed snippets from online news reports), the use of which has not always been specifically authorized by the copyright owner. Such content is posted to advance understanding of environmental, political, human rights, economic, democratic, scientific, and social justice issues. This constitutes 'fair use' of such copyright material as provided for in section 107 of US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed for research and educational purposes only. If you wish to use this material for purposes that go beyond 'fair use', you must obtain permission from the copyright owner. Such material is credited to the true owner or licensee. We will remove from the forum any such material upon the request of the owners of the copyright of said material, as we claim no credit for such material.

For more information go to Limitations on Exclusive Rights: Fair Use

Privacy Policy: Australian Property Forum uses third party advertising companies to serve ads when you visit our site. These third party advertising companies may collect and use information about your visits to Australian Property Forum as well as other web sites in order to provide advertisements about goods and services of interest to you. If you would like more information about this practice and to know your choices about not having this information used by these companies, click here: Google Advertising Privacy FAQ

Australian Property Forum is hosted by Zetaboards. Please refer also to the Zetaboards Privacy Policy