Australia's automotive industry ...

[greenacc]

He’s very clever. I reckon if anyone can get $100,000 in to their super as soon as possible in the working lives, then their super will just about take care of itself after that (with the magic of compounding interest).

Theoretically very clever, and very disciplined sure. But every thousand he puts in super now instead of investing in something towards a house puts the house another thousand further away. And in the few months it takes to save that thousand up again for the house deposit, the house prices will rise another five thousand. By my calculations he has then cost himself 4 thousand.
IMHO, not a financial advisor, dodgy govco and financial advisors who say young kids should be saving for retirement are basically dodgy scammers.
They took away the pension and now want to lock away your own money for 45 years to pay your own pension. It's 'funny' how many financial advisors advise kids to do that, when so many advisors work for super funds hmmmm commission hungry I suspect.

 

[Immortality]

Theoretically very clever, and very disciplined sure. But every thousand he puts in super now instead of investing in something towards a house puts the house another thousand further away. And in the few months it takes to save that thousand up again for the house deposit, the house prices will rise another five thousand. By my calculations he has then cost himself 4 thousand.
IMHO, not a financial advisor, dodgy govco and financial advisors who say young kids should be saving for retirement are basically dodgy scammers.
They took away the pension and now want to lock away your own money for 45 years to pay your own pension. It's 'funny' how many financial advisors advise kids to do that, when so many advisors work for super funds hmmmm commission hungry I suspect.

That's a interesting assessment.

The biggest issue is see (other than the astute assessment of the fund managers) is the rapidly increasing house prices!

Maybe Holden can build alternate "mobile" accommodation

 

[xDJOHx]

How come this thread has evolved into another "Australian Housing Costs" thread with the same old, same old theories, excuses and tales of woe.
Has Rip Van Winkle just woken up to what has been happening for the last 25 years ?

Because, in my opinion, the Australian automotive industry (the original subject of this thread) stands right next to the price of housing, in terms of national budget, no?

Maybe not right next to each other, but, same level'ish.

I miss watching Holden vs Ford @ Bathurst. Any chance of having that back? If not, why?

If/when I have kids, they gonna be able to buy a house, eventually? Or they only gonna be able to get a unit?

 

[xDJOHx]

That's a interesting assessment.

The biggest issue is see (other than the astute assessment of the fund managers) is the rapidly increasing house prices!

Maybe Holden can build alternate "mobile" accommodation

*nods*
Yup, Holden battery powered caravans

 

[vc commodore]

Because, in my opinion, the Australian automotive industry (the original subject of this thread) stands right next to the price of housing, in terms of national budget, no?

Maybe not right next to each other, but, same level'ish.

I miss watching Holden vs Ford @ Bathurst. Any chance of having that back? If not, why?

If/when I have kids, they gonna be able to buy a house, eventually? Or they only gonna be able to get a unit?

You can...It's called touring car masters....Or Aussie racing cars.....They're powered by a motor bike motor though....Still fast little weapons

Housing....Have you looked at transportable houses, or container home prices? Judging by your posts, nope....J

 

[greenacc]

That's a interesting assessment.

The biggest issue is see (other than the astute assessment of the fund managers) is the rapidly increasing house prices!

Maybe Holden can build alternate "mobile" accommodation

Well Holden used to make wheelbarrows I think, or something like that. So maybe if Aus wasn't so stupid and gave up Holden to the yanks they could pivot to caravans or garden sheds or something. They could fit them out with comfy seats and a stereo system. Sounds a bit like a VK Commodore LoL.

 

[Lex]

They could fit them out with comfy seats and a stereo system. Sounds a bit like a VK Commodore

I used to live in my vk wagon vactioner11 in 2005, for 9 mths.
Hated it!

 

[JRNZER]

If I didn't have my kid, I'd live in a decked out van.

 

[greenacc]

I used to live in my vk wagon vactioner11 in 2005, for 9 mths.
Hated it!

Red or white?

 

[xDJOHx]

Housing....Have you looked at transportable houses, or container home prices? Judging by your posts, nope....J

Nah, not really.
Dad died last year, so I'm busy inheriting his property, solicitors, funeral, cremation, etc, etc, etc ...

But, spend most my time on YouTube, cuz normal TVs pretty much f*cked.
I've been seeing plenty of youtube clips of people renovating/turning shipping container into a home, or, building a trailer into a house, a caravan, basically.

Seems to be a common subject around the world. *shrug* why not ...

I just want Holden back in action, V8's, in Bathurst.
But, dude, if I could get an off it's head battery powered EV Clubsport and tow around a Holden caravan with it, I'd be happy ...