- I would blow Dane Cook
- Dec 26, 2008
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Q: I am a single, 73-year-old pensioner. I am thinking about buying a second house to allow my relatives live in it rent free.
They kindly did the same for my family many years ago and are now struggling to pay their rent.
Is it a requirement of Centrelink to charge them rent?
A: Net income from real estate (after allowable deductions) is assessable income for social security purposes.
However, there is no requirement that a person use their property to produce income. If no money is received from a property, then no income is taken into account.
However, the net value of the property would be included in the customer’s assets test.
If they gave the property to somebody else, then the value (less up to $10,000) would be assessed as a deemed asset for five years and would fall under both the income test and the assets test.
http://www.brisbanetimes.com.au/money/ask-an-expert/can-i-buy-my-reloes-a-home-20150922-gjsk3s.html
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Oct 1, 2015 03:16
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May 16, 2024 16:58
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- I would blow Dane Cook
- Dec 26, 2008
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quote:
Australia can't afford to burst housing bubble as wave of Chinese money looms
Property rises might be taking a breather after a year of superheated growth, but one investment banker has bad news for most aspiring home owners: Australian house prices will keep getting higher and the government will do nothing to prick the bubble because the country simply can't afford it.
And any hint of instability in China could send a wave of new money into the Australian market, says Saxo Capital Asia macro strategist Kay Van-Petersen.
Houses and apartments in Australia, particularly Sydney and Melbourne, have never been more expensive. The median house price in Sydney hit $1 million in July, said the Domain House Price Report, and investment bank Goldman Sachs estimates the markets in Sydney and Melbourne are almost 20 per cent overvalued.
House prices are on track to rise by a whopping 9.8 per cent this year, say numbers released this week by the Australian Bureau of Statistics, which showed national price growth was 4.7 per cent between the March and June quarters.
Morgan Stanley has said the prices have peaked, but Mr Van-Petersen says they will continue to grind upwards and the government is unlikely to do anything about it.
"The government has to try and talk it down and say it's inflated, but at the same time all they can try and do is control the ongoing growth as best they can," Mr Van-Petersen said. "If they wanted to prick it, they could, but Australia simply cannot afford to."
New Zealand and Singapore have enacted strong policies to force adjustments in housing markets and Mr Van-Petersen said Australia could easily deflate the bubble by pulling the stamp duty tax charged to foreign buyers from properties of more than $15 million to, say, $1.5 million.
But the property market is one of the few areas of the economy that is growing adequately as terms of trade plummet and mining companies shed value because commodity prices are falling in light of a slowing China.
"Australia can't afford for property to have a hard landing. If housing prices bust, the banks will get hit hard. And then what is there? It's in everyone's interests right now."
IMF weighs in
Even the International Monetary Fund is talking about Australia's favourite conversation topic: property prices and whether the country is in a bubble.
In the IMF's latest report on the Australian economy, it raised the increasingly likely potential of a housing price correction, and called for greater investment in infrastructure to "relieve bottle necks and housing supply constraints".
"Buoyant housing investor lending has recently prompted regulatory action to reinforce sound residential mortgage lending practices," its report said.
In a similar finding to that of the Australian Prudential Regulation Authority, the report said the big banks' strength and profitability would need more support if a severe adverse scenario occurred, such as a housing bubble collapse.
"To address risks in the housing market, directors supported targeted action by the regulator. They cautioned that if investor lending and house price inflation do not slow appreciably, these policies may need to be intensified."
Even if more houses and apartments are made available for purchase, Mr Van-Petersen warned any political or financial issues in China could trigger a huge wave of foreign buyers into the property market.
He said: "There is a lot of talk about Chinese money, but you guys haven't seen anything yet. Any wobble in China, whether it's political or a financial markets issue, will see serious money flooding out here and, so far, Australia's got no idea of what that looks like."
http://www.smh.com.au/business/the-economy/australia-cant-afford-to-burst-housing-bubble-as-wave-of-chinese-money-looms-20151001-gjysne.html
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Oct 1, 2015 06:23
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- I would blow Dane Cook
- Dec 26, 2008
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10% is a nice round number for a GST, I suggest increasing it to 13.96% for reasons
14.88%
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Oct 1, 2015 06:33
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- I would blow Dane Cook
- Dec 26, 2008
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Former prime minister to front new onion marketing campaign.
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Oct 1, 2015 08:58
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- I would blow Dane Cook
- Dec 26, 2008
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There was a big piece of onion in my meal the other day and it made me think of Tony.
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Oct 1, 2015 08:59
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- I would blow Dane Cook
- Dec 26, 2008
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http://www.whatsmybabynumber.com.au/
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Oct 1, 2015 11:59
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- I would blow Dane Cook
- Dec 26, 2008
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Poor Tony
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Oct 3, 2015 04:16
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- I would blow Dane Cook
- Dec 26, 2008
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why is a crime committed by a juvenile being treated as terrorism instead of a mental health and gun control problem its so dumb
e: gently caress my keyboard
Because he is middle eastern
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Oct 3, 2015 11:55
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- I would blow Dane Cook
- Dec 26, 2008
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In the case of certain politicians, after birth.
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Oct 3, 2015 12:16
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- I would blow Dane Cook
- Dec 26, 2008
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If Tone was still prime minister we would be bombing paramatta by now.
Also where is the NRL thread?
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Oct 4, 2015 08:12
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- I would blow Dane Cook
- Dec 26, 2008
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Look how the free(laptop) market fixed vocational education.
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Oct 4, 2015 08:23
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- I would blow Dane Cook
- Dec 26, 2008
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A Collingwood supporter.
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Oct 4, 2015 09:06
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- I would blow Dane Cook
- Dec 26, 2008
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Do you think tones is fuming right now that malcolm is up on stage presenting the NRL trophy instead of him?
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Oct 4, 2015 11:49
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- I would blow Dane Cook
- Dec 26, 2008
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This true of lots of other countries as well. Do not make the mistake, for example, of booking a flight to the US without having a return or onward ticket, because they won't let you board the plane.
Also I recently flew from Europe to Perth with a bunch of stopovers and two different airlines, and for my flight to Kuala Lumpur the Emirates desk clerk (back at the airport in Europe) demanded to see my onward travel details. I explained that I was flying with a different airline from KL and it was none of Emirates' business, and she explained that the Malaysian government will not allow people to enter unless they have proof of onward travel. Like, seriously, guys? Malaysia?
You might be an asylum seeker.
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Oct 5, 2015 09:21
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- I would blow Dane Cook
- Dec 26, 2008
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All my posts are published in The Australia, that's why no one reads them.
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Oct 5, 2015 12:26
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- I would blow Dane Cook
- Dec 26, 2008
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speaking of things noone reads, is that official Labor cheerleading news site or whatever the hell they branded themselves as still running?
Yes Van Badham is still writing.
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Oct 5, 2015 12:56
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- I would blow Dane Cook
- Dec 26, 2008
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Oct 5, 2015 13:16
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- I would blow Dane Cook
- Dec 26, 2008
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Oct 5, 2015 14:19
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- I would blow Dane Cook
- Dec 26, 2008
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This seems like an appropriate venue to share this: I have a huge celebrity crush on Virginia Trioli.
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Oct 5, 2015 23:48
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- I would blow Dane Cook
- Dec 26, 2008
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Malcolm Turnbull’s dispatch of Tony Abbott from the prime ministership settled a score that had been festering from the moment Abbott became opposition leader. They are very different people.
Unlike conservative Abbott, Turnbull appeals to the fashionable Left. He is a postmodern kind of guy, more at home in inner-city cafes than in budgie smugglers and firefighting uniforms.
In no time, Turnbull has signalled his soft liberal credentials. Tax increases for the rich are back on the table. The Renewable Energy Finance Corporation has been given an immediate reprieve with a new board and new ideas for wasting money.
Climate change policies are receiving fresh attention. The Bureau of Meteorology has been freed of accountability and can now peddle its dubious data without scrutiny.
University spending cuts have been deferred and fees have escaped competitive tension. Industrial relations reform will be, at best, marginal. Turnbull will take a softer line with the Islamic community and intends to pursue a UN Human Rights Council membership from 2018. Another tilt at the UN Security Council is a 2030 ambition.
The republican movement can expect royal treatment and, subject to a pesky public vote, same-sex marriages seem likely to be fast-tracked.
What’s not to like?
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Oct 6, 2015 00:36
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- I would blow Dane Cook
- Dec 26, 2008
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So when are we negotiating a free trade deal with the Islamic State?
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Oct 6, 2015 12:48
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- I would blow Dane Cook
- Dec 26, 2008
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Oct 8, 2015 07:09
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- I would blow Dane Cook
- Dec 26, 2008
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Does anyone still have the "sink the refugee boats and win a prize" gif ?
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Oct 8, 2015 08:50
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- I would blow Dane Cook
- Dec 26, 2008
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Guys my girlfriend is floating the idea of moving to Hobart because its cheaper to live there. I understand that there is bugger all work there and that most people who grow up there actually move to the mainland for a better quality of life.
Can someone please elaborate on why this would be good/bad either from their experiences or second hand info?
Sever
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Oct 8, 2015 10:31
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- I would blow Dane Cook
- Dec 26, 2008
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The new Channel 9 political panel show is out http://www.9jumpin.com.au/show/the-verdict/videos/4542072939001/
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Oct 8, 2015 13:00
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- I would blow Dane Cook
- Dec 26, 2008
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I keep reading Geoff Hunt as Greg Hunt.
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Oct 9, 2015 07:09
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- I would blow Dane Cook
- Dec 26, 2008
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So is there going to be a full blown race riot tomorrow?
I would blow Dane Cook fucked around with this message at 10:31 on Oct 9, 2015
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Oct 9, 2015 10:25
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- I would blow Dane Cook
- Dec 26, 2008
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Can we beat up the Norwegians this time because I don't trust those shifty bastards by half.
They took our car manufacturing industry, they are going to call it the Fjord Falcon.
E:
I would blow Dane Cook fucked around with this message at 13:30 on Oct 9, 2015
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Oct 9, 2015 13:05
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- I would blow Dane Cook
- Dec 26, 2008
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I've already decided this train is going to crash, so it's not going to be as tragic to me when it does.
It's a tram.
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Oct 9, 2015 13:37
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- I would blow Dane Cook
- Dec 26, 2008
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quote:
Canada
In September 2015, partway through the 2015 Canadian federal election, Crosby was brought on as a campaign strategist for incumbent Prime Minister Stephen Harper, whose Conservative party was losing ground in the polls to both the Liberal Party and the New Democratic Party.[19] Crosby's decision to bring the issue of a small group of Muslim woman refusing to remove their niqab when swearing the Canadian oath of citizenship, became one of the top issues of the campaign and reversed the Conservative sliding poll numbers, especially in Quebec
hmm sounds familiar
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Oct 10, 2015 13:00
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- I would blow Dane Cook
- Dec 26, 2008
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quote:
AUSTRALIA’S most powerful medical groups and the State Government are standing in support of the Royal Children’s Hospital’s demands that children be removed from immigration detentions centres.
As revealed by the Herald Sun, RCH doctors are defying the Federal Government following showdowns with the Immigration Department over the return of children to detention centres.
Distressed about the welfare of dozens of patients brought to the hospital while housed in Australian immigration detention centres, RCH staff are demanding the Federal Government ceases locking children in detention.
EDITORIAL: TURNBULL MUST ACT NOW FOR CHILDREN
DOCTORS TELL: WHY WE’RE TAKING A STAND FOR THE KIDS
Victoria’s Health Minister Jill Hennessy said the RCH doctors were acting out of concern for their patients, not politics.
“I’m extremely proud to be the health minister in a state where its doctors and nurses are putting the interest of children first,” Ms Hennessy said.
“If the staff of the Royal Children’s Hospital come to the clinical view that it is not in the interests of those children to go back into detention, then we will support them.”
“I can only imagine what it’s like to be a clinician, to treat a child, then have to reflect upon the health consequences of putting that child back into detention,” she said.
As to whether the push would see changes to the law announced by Federal Immigration Minister Peter Dutton, she didn’t hold her breath.
“Do I hold great hope about a lightning bolt of compassion from Minister Dutton, no I don’t. But we will support the doctors supporting those children in whatever way we can,” she said.
She did not feel the healthcare industry speaking out would send mixed messages to those in detention centres or those trying to enter Australia illegally.
Royal Australian College of Physicians president Prof Nick Talley also said the college stood behind the RCH stance to remove all children from immigration detention for their health and safety.
“Detention centres are no place for children,” Prof Talley said.
“This situation is unacceptable and the RACP encourages the Government to respond swiftly to the recent Senate report that recommended the removal of all children and their families into the Australian community.
“The RACP will continue to advocate for the immediate end to immigration detention including release of all children as well as for urgent amendments to the newly introduced Australian Border Force Act.
Prof Talley said RACP supports recommendations of the Senate Committee asking for the complete removal of asylum seeker children and their families from detention on Nauru and a comprehensive audit of all allegations of sexual abuse and child abuse at the detention centre.
“The health and wellbeing of children should never be open to compromise,”he said.
“No child should be held in detention.”
Doctors refuse to send kids back to detention
The Sunday Herald Sun understands matters escalated this year when a child with a range of health issues was transferred from a detention centre, prompting a standoff of more than a month while doctors said they could not clinically discharge the patient.
Immigration guards placed at the entrance to some patients’ rooms 24 hours a day have also outraged medical staff.
Doctors believe they cannot ethically discharge patients only for them to be returned to conditions they believe will damage their health and jeopardise their safety.
Despite laws passed by Federal Parliament this year threatening two years’ jail for health workers who speak out against conditions in immigration detention centres, more than 400 RCH staff gathered in a show of support on Friday demanding children be released from detention.
“We see a whole range of physical, mental, emotional and social disturbances that are really severe and we have no hope of improving these things when we have to discharge our patients back into detention,” one paediatrician said.
There are about 100 children aged from birth to 18 locked up in onshore Australian immigration detention centres.
Of that number there are 18 in Melbourne Immigration Transit Accommodation, and a similar number in offshore centres such as Nauru.
We see a whole range of physical, mental, emotional and social disturbances that are really severe
Responding to the doctors’ plea, Immigration Minister Peter Dutton said he would not support a change in government policy.
“I understand the concern of doctors, but the Defence and Border Force staff on our vessels who were pulling dead kids out of the water don’t want the boats to restart,” Mr Dutton said.
In the past year, dozens of children have been taken to the RCH for medical conditions. Most had been in detention for between 18 months and two years.
Under the Border Protection Act, introduced in May, healthcare workers and anyone else working in immigration detention centres can be jailed for two years if they speak out about the centres.
But Royal Children’s Hospital chairman Rob Knowles backed hospital staff for taking their stand to protect the health and safety of children.
“The work of RCH doctors and nurses is highly valued by the Victorian community, and has made this hospital a global leader in adolescent and child health,” Mr Knowles said.
“It is not surprising these same specialists would be concerned about the detention of children, on the basis that detention can have severe detrimental impacts on children’s health.
“Our staff have consistently acted responsibly and in a considered manner in relation to the treatment of children in detention, and I support their right to have a responsible, considered opinion on this significant matter of public interest.”
http://www.heraldsun.com.au/news/vi...tors_picks=true
 DO NOT READ THE COMMENTS
I would blow Dane Cook fucked around with this message at 08:36 on Oct 11, 2015
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Oct 11, 2015 08:32
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- I would blow Dane Cook
- Dec 26, 2008
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Well labor knows what they need to do. And they are very good at it too.
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Oct 11, 2015 13:02
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- I would blow Dane Cook
- Dec 26, 2008
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Oct 12, 2015 04:26
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- I would blow Dane Cook
- Dec 26, 2008
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Feral pig eating cannabis leads Queensland police to charge man with drug production
By Fidelis Rego
Updated about 4 hours ago
Feral pig found by Queensland police chewing on cannabis plants at a property at Meringandan West
PHOTO: Due to the size of the pig, officers did not try to seize the plants. (Supplied: Queensland Police Service)
MAP: Meringandan West 4352
A discovery of a feral pig munching on a cannabis plant has led police to arrest a man allegedly growing the drug on Queensland's Darling Downs.
Police said they were called to a property at Meringandan West, north Toowoomba, last Wednesday to investigate a disturbance.
There, they said they discovered the feral pig chewing leafy green material, which turned out to be cannabis.
Due to the size of the pig, officers did not try to seize the plants.
A 1.6-metre-tall plant and 140 grams of the drug were eventually recovered, police said.
A 44-year-old man will appear in the Oakey Magistrates Court later this month charged with drug production and possession.
Topics: drug-offences, meringandan-west-4352, oakey-4401, toowoomba-4350
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Oct 12, 2015 08:28
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- I would blow Dane Cook
- Dec 26, 2008
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Probably pauper's grave or cremations. Same way the states do it.
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Oct 12, 2015 10:46
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- I would blow Dane Cook
- Dec 26, 2008
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I'm tempted to say 'there would be records' but I just don't know what to think with such an information-averse government as this one.
To the extent that they could find any records. They would probably keep DNA samples as well.
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Oct 12, 2015 10:49
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- I would blow Dane Cook
- Dec 26, 2008
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The workers must seize control of the means of purr-duction.
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Oct 13, 2015 08:49
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- I would blow Dane Cook
- Dec 26, 2008
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Text messages being sent to parents by schools when their children wag isn't that uncommon.
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Oct 14, 2015 07:26
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- I would blow Dane Cook
- Dec 26, 2008
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Lol the app will be rushed and barely work and keep saying little Billy isn't at school when he is.
So DHS will make it?
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Oct 14, 2015 07:31
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May 16, 2024 16:58
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- I would blow Dane Cook
- Dec 26, 2008
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Oct 14, 2015 12:45
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Oct 1, 2015 03:16
