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  1. Reaper

    JC Political Thread - For all things political Part 2

    Yeah I know the area. Many years hold up doesn't come close to covering it. Stupidity knows no bounds. I'm not a fan of Adelaide although the road out is pretty good. That said I've driven along there many times and you are right that it is very busy, made even more dangerous due to the road...
  2. Reaper

    JC Political Thread - For all things political Part 2

    I haven't been along there but have heard it's disgusting.
  3. Reaper

    JC Political Thread - For all things political Part 2

    I have driven from Melbourne to Airlie Beach in the last year and a half and back a little bit done the Melb-Perth run + a fair amount of driving in country Vic. Probably the worst road by far is the Western Hwy on the Adelaide side of Ballarat. As a supposed road of National importance with...
  4. Reaper

    Pic Of The Day Thread - Read The Rules First!

  5. Reaper

    JC Political Thread - For all things political Part 2

    Wifi dude - get with it!
  6. Reaper

    Pic Of The Day Thread - Read The Rules First!

  7. Reaper

    JC Political Thread - For all things political Part 2

    It's a bit hit/miss with gas. Carbon emissions are significantly lower than all but the best coal plants (the newest coal plants are actually quite good) but they have some wonderful benefits that you can turn it on/off with a whim cycling up/down within a few hours compared to days or more...
  8. Reaper

    JC Political Thread - For all things political Part 2

    They are in service in Russia and China. Nfi where they were made. That's beside the point. Once again you get your facts completely wrong and try to deflect your own incompetence to some other issue. So your objection is an economic one? The problem is that we aren't. In Vic Hazelwood...
  9. Reaper

    JC Political Thread - For all things political Part 2

    Yes, You said it above. I recommend you take your own advice and stop talking about shite you know nothing about. Russia and China have SMR's in operation plus dozens are currently in production around the world plus sores more going thru the approval phase. Actual cost per Gwh is still to be...
  10. Reaper

    JC Political Thread - For all things political Part 2

    I don't think anybody in Aus is agitating for nuclear in NZ. I honestly don't know if it's a good or bad option over there but from what I understand there are a heap of hydro power plants which may go a long way in substitution. Unfortunately Australia's topography severerely limits any so...
  11. Reaper

    JC Political Thread - For all things political Part 2

    'Murikans are funny. Sadly I suspect Australians aren't much better.
  12. Reaper

    JC Political Thread - For all things political Part 2

    Years in office is not so much a big one for me. More over it's their previous experience and track record is top of the list. This is something the voting public 100% have complete control over as a group. That said it's also far easier said than done. In short for me I'd be looking at...
  13. Reaper

    JC Political Thread - For all things political Part 2

    As a person with 3 kids around this age I think I'm qualified to answer. Are you ******* nuts??? At that age they are into trying all sorts of things - different sports, hobbies, whatever. What is the best thing ever this week is completely forgotten next. Not a fkn chance in hell they are...
  14. Reaper

    Things that p*** you off/bug you/annoy you

    I was more meaning like for like. Comparing USA to Aus and it gets a bigger divide as USA company tax is 21% vs 30% for most Aus public companies. There is a declaration you can submit which means you won't be double taxed in USA and Australia There are a heap of US (and anywhere really)...
  15. Reaper

    Things that p*** you off/bug you/annoy you

    The theory is the profits are re-invested into the business in order to earn greater returns. The likes of Alphabet, Meta, Berkshire Hathaway, Amazon and a list to fill a phone book of companies you probably have never heard of demonstrates this can work. Share price/net revenue multiples do...
  16. Reaper

    JC Political Thread - For all things political Part 2

    It's quite alarming that out of 330million people in the USA, these 2 are the best they can offer. There is no doubt Biden is past it. I just hope the people behind him pulling the strings know what they are doing. Aaaaand then there is Trump. Clearly the guy knows how to get attention...
  17. Reaper

    Things that p*** you off/bug you/annoy you

    This is a very personal thing relating to each investors personal circumstances. Somebody in their peak earning years possibly doesn't need the income/cash now and a high growth share portfolio that typically pays lower dividends may be the go. Alternately somebody retired needing to live off...
  18. Reaper

    JC Political Thread - For all things political Part 2

    Ignore the theatre but it appears fundamental differences in taxation policy. There is an argument I have heard from a couple of economists and people close to the industry that the duopoly, as unpalatable that it is, manages to keep prices down, even though they do line their own pockets...
  19. Reaper

    JC Political Thread - For all things political Part 2

    Our PM Airbus Albo + the climate minister Casanova Bowen. The stupid thing is that it will actually have exactly the opposite of the desired effect as the new cars people often need (eg trades in utes etc) will be unobtainably expensive and thus older, higher polluting vehicles will stay on...
  20. Reaper

    JC Political Thread - For all things political Part 2

    We could return to the old Whitlam era of free uni education but the catch there was very few places being available (per capita) and thus higher education being simply not available to anybody but the highest achievers academically at high school or having rich parents. Not sure that's good...
  21. Reaper

    JC Political Thread - For all things political Part 2

    Yes and no. To change the rate of the GST the Federal Government has to pass the change thru both houses of parliament and also have unanimous support of the states. In theory it's easy but in practice it just won't happen. But..... That is within the act which can be changed by vote of the...
  22. Reaper

    JC Political Thread - For all things political Part 2

    It is. Very simple actually. The previous wholesale sales tax was a minefield and a half. At one stage I was selling manufactured steel components that could have a lot of uses. If it was used for use 'A' then it had one tax rate, use 'B' had another and use 'C' had none at all. I honestly...
  23. Reaper

    JC Political Thread - For all things political Part 2

    The problem is there are currently *very* few models on the market which achieve this new standard. To expect auto makers to change that much within such a short time is just unrealistic. For many, Australia is a bit player at best. Car manufacturers/importers will just leave our market...
  24. Reaper

    JC Political Thread - For all things political Part 2

    They can and do boot them out for a variety of durations depending on the offence. This is a summary of NSW but the federal and other states are similar. https://www.parliament.nsw.gov.au/la/proceduralpublications/Documents/wppbook/Part%201%20Chapter%2023%20Disorder.pdf
  25. Reaper

    JC Political Thread - For all things political Part 2

    The chair should have silenced her about 15 seconds in and if she persisted send her to the sin bin. What was she squawking about anyway?
  26. Reaper

    JC Political Thread - For all things political Part 2

    There is no argument he went back on his promise. That like the racism in the referendum it's not opinion, just fact. Weather it is justifiable or not is an entirely different thing. He should have either made the call and kept his promise in tact and given something over and above or came...
  27. Reaper

    JC Political Thread - For all things political Part 2

    There is a fair argument to reduce land tax on properties offered for long time rental which could easily be mandated to be passed on in full by regulation & enforced by the ACCC keeping both property managers and owners on the hook a - la chain of responsibility regulation in the transport...
  28. Reaper

    JC Political Thread - For all things political Part 2

    Probably 2 or 3 properties (absolute max) in vic costing around $96k in interest alone each year (80% finance @8% interest only loan - standard variable investment rate is around 9.5% but getting 8.x% is achievable) + rates of $8k (ish) + insurance +++++ for a return of $67k in rent on a good...
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