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onetrack

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onetrack last won the day on September 29

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  1. Is the 1.4% ROI based on just the rent return, or are you counting the capital gain increase as well? That capital gain must be running at least around another 5% annually? Here on the Left Coast, houses have gone up more than 10% in value, just in the last year alone. If you put the money you get from the rental house into a term deposit, will you get a better return overall? Remembering that term deposit rates can go down, but (good) property prices rarely do. Then there's the issue of CGT that you will possibly incur as well, if you sell the house? I guess that depends a lot on timing of the original purchase, and your financial (tax) position.
  2. John Laws obituary - https://www.theguardian.com/media/2025/nov/09/john-laws-australian-talkback-radio-star-dies-aged-90
  3. It works and is usually only done at relatively low speeds, as in when a stolen vehicle makes a turn. It appears the police car has to "bump" the fleeing vehicle to set the grappler off. However, there have been cases where the grappler tore the rear axle off the fleeing vehicle. Same result, though, the thieves had to get out and walk. I watched a police chasing a motorcyclist on video last week, the police car was doing 140mph! Never caught the biker until he ran off the road and fell off, though.
  4. More fake captions. The image shows the "Traffic Light Tree," a public sculpture located in London.
  5. Just wait - next week, you'll be turning on the A/C full blast. 30°C here today, the forecast is for 33°C tomorrow and 34°C on Tuesday, then dropping steadily all the rest of the week.
  6. A good tenant is worth their weight in gold, but a bad one will cost you a fortune. I know people who thought they could make a motza buying and renting properties, but quite a few got badly burnt by bad tenants.
  7. It's just his Macca's post-meal food coma. It was the sleepy chicken.
  8. There are doom and gloom merchants predicting global financial crashes on a constant basis. Fear sells better than cakes at a CWA stall. I can predict there certainly will be another major financial crash sometime in the (relatively) near-future - as has happened throughout world history. The world seems to muddle through somehow, and economic activity resumes at more restrained levels. A couple of things that concern me is the runaway pricing of property, housing and land in general here. It simply can't continue to rise at the rate it has done for the last 20 or so years, and a lot of people will get hurt when there's a "correction" in the market. I believe there's too much easy money available to a lot of people, I think lending needs to be restricted to lower the constant demand for property price increases, which feeds on itself. The second thing that concerns me is the price of gold, and the way many nations are buying gold like it's going out of fashion. It would seem to me that our currencies are worth a lot less than people think they are, if the asset prices such as gold and property values are accelerating at unparalleled rates.
  9. What's that old saying? - If you don't like the weather in Melbourne, just wait a couple of hours? It'll be completely different, then. We've had the coldest and wettest Spring I can recall for a long time, it seemed Winter didn't want to start, then when it did, it wouldn't stop. The advantage is, the current W.A. cropping yields are looking like a silo-buster. There's talk of somewhere around 26M tonnes of grains in total for W.A., this would amount to a seasonal all-time record. Unfortunately, a big line of thunderstorms last Wednesday (05/11) took the shine off crop yields for some farmers, as a number of isolated, but severe thunderstorms wreaked a fair bit of damage throughout the W.A. Wheatbelt. However, the storms won't dent the total tonnage by a huge amount. https://www.abc.net.au/news/2025-11-06/wild-weather-wreaks-havoc-for-west-australian-farmers/105978410
  10. Cyber security action is being initiated on your computer network!

  11. One of the most ruthless, hard-nosed political "numbers man", we've ever seen in Australia. He was a consummate politician, with a low level of ethics and morals. I have no idea how he wangled an AO, he obviously plied "the numbers" to get that award, too. It makes a mockery of official awards.
  12. You need those arse-height windows if you're going to s**t on those working-class losers below. Very little has changed in the Trump family outlook for the last hundred years.
  13. Yeah, and lots and lots of Gyro Gearloose's inventions had major flaws, too - just like many of Elon Musks ideas.
  14. This thread has just gone into the skip bin.
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