Random thoughts and observations
Prime Minister Kevin Rudd is giving cash away, $10.4 billion in fact to stimulate the economy. The total includes a one-off $1000 payment in December for each child to families with dependent children. We’ve got four children, so unless I’ve missed something in the fine print we’ll get $4000. I had to research a little [...]
Inflation is a much talked-about topic in Australia at the moment. Interest rates are going up and the Reserve Bank is blaming inflation. Wages, food, rent and petrol are all getting more expensive, no doubt about it. Whether raising interest rates is the appropriate economic remedy remains debatable. I can’t see the logic myself, because [...]
The number 5 on our letterbox is fairly prominent. There are only four houses in our court, but for some reason we keep getting letters for number 3 delivered to our box. We think many of our letters are being delivered to number 7, because every so often a bundle of mail is dropped in [...]
There’s a lot of discussion in Australia at the moment about housing affordability. The latest idea is that interest payments should be tax deductible for first-home buyers. I don’t understand the constant focus on first-home buyers. A lot of other people struggle to buy housing as well. We bought our first home at Port Pirie [...]
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