The election poll

[bogan_bob]

yeah our economic growth is growing atm but it will soon level off and then were would be go from there, recession?

Quite probably. Economies are characterised by boom and bust cycles.

Also, i dont feel much empathy for people losing their homes etc due to increasing mortgage rates - surely you would look at foward intrest rate forecasts etc and have an idea of what is going to happen. If a $20 - $40 increase in weekly repayments busts your balls and you cant make the repayments, your mortgage is obviously much bigger than you can actually afford and you are stupid for thinking that the rate was going to stay relatively low.

[Febrile]

Quite probably. Economies are characterised by boom and bust cycles.

Also, i dont feel much empathy for people losing their homes etc due to increasing mortgage rates - surely you would look at foward intrest rate forecasts etc and have an idea of what is going to happen. If a $20 - $40 increase in weekly repayments busts your balls and you cant make the repayments, your mortgage is obviously much bigger than you can actually afford and you are stupid for thinking that the rate was going to stay relatively low.

Honestly I think more people should consider fixed rate mortgages.  You can work out exactly (to the cent) how much interest you will pay over the life of such an arrangement, so if you consider (house price) + (stamp duty) + (interest over life of the loan) to be what the house is worth, then so be it.  Don't gamble trying to pay a little less interest by paying for it in uncertainty.

[bogan_bob]

because for the past couple of years, the fixed rate has been higher than the variable rate. Those that did go a fixed rate will be laughing in 12 to 18 months i reckon. Bit O/T but.

[noss]

as far as i understand the fixed rate is always a little higher than the variable rate.. you take the punt getting an interest rate that is fixed but a little higher than the variable and i pays off in the long run.

i got my interest fixed for 5 years (the longest i could get it for from my lender) and i am already laughing. at the time i was unsure but decided interest rates were only going to increase. my interest rate was 0.25% higher than the variable.. the current variable rate at the moment is around 7-8% depending on where you go, my fixed rate is 6.75%

another mistake people make is borrow to the absolute upper limit they can afford. i didnt do that either.. i borrowed around about $50k less than i could have.

[trxboi1987]

hmmmm i tink noss is smart

[Dano Da Bomb]

hmmmm i tink noss is smart

Its all for show lol

[Jtas]

hmmmm i tink noss is smart

I gues that makez me smrat tuo!!   

*Jtas looks at poll + locks voting

[cruizer]

Well I think Rann's proposal to give laptops to all students from years 9-12 is stupid. Does he realise that if he does this the kids are going to just go to websites and msn instead of working? A pen and an exercise book is fine. I honestly think the money could be MUCH better spent.

[bogan_bob]

Rann or Rudd?

It is a pretty stupid idea really. And who the fuck does he think he is saying the coalition has spent too much and he is an economic conservative? HELLLOOOOO!!!! Its an election, theres supposed to be a spending spree. Just cos he cant match liberals spending cos he has no idea about how to run a country.

He's a little tin tin look alike fucker and as PM is going to piss me off for the next 3 yrs.

[cruizer]

Haha whoops my mistake....Rudd.

[noss]

you know how the liberal campaign is making a big thing out of saying that rudd hasnt run a local council or anything before so he shouldnt be allowed to run a country?

well, just wondering.. did john howard run a local council or anything before he was prime minister?

i had a quick look on the intermawebs and all i can find is that he was leader of the young liberals and then he was a solicitor for 12 years.. then he got into politics being marketing/campaign manager for some bloke in parkes..

then he ran for parliament in drummoyne and lost, then he ran later in his current (?) seat and won it.. then yeh..

love the hypocritical campaigns lol.


i still havent gotten any slander type flyers in my letterbox from labor so i cant make any observations like this on their stuff

[Xedus101]

i have been getting heaps of labour junk in my mail box and even just at the front door. All they say is work choices is bad mmmkk. lol they even sent some crap about how some family doesn't like what howard is doing etc.. Waste of time and money. They should spend that money on developing good policy not drowning my poor mailbox in rubbish i'm going to chuck out anyway.

[FuzzyDropbear]

Well I think Rann's proposal to give laptops to all students from years 9-12 is stupid. Does he realise that if he does this the kids are going to just go to websites and msn instead of working?

Or they will be posting on forums instead of doing their work  haha.

I think it does have its merrits, but it will probably be detrimental to the majority of kids out there. That and I think there are more pressing issues which the money could be better spent on.

[Dano Da Bomb]

Well I think Rann's proposal to give laptops to all students from years 9-12 is stupid.

OMG this has to be one of the stuipidest ideas ever. Why the hell would you do that?? omg they have no idea what there doing lol