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    General Motors - Will Holden be affected

    They say if General Motors doesn't get US$4bn right now from the US Government, it may go into bankruptcy within the next 2 weeks. http://www.nytimes.com/2008/12/03/business/03auto.html?fta=y Does anyone know if Holden would be affected? Are they wholly owned by GM, or just a local...
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    How to get the money when selling a car privately

    I'm thinking of selling my car to a private buyer. But I've never done it before - how is the payment normally arranged? It seems like too much cash for them to carry around. It's a CR-V so would be around $22-23K. But if they pay by cheque, and I give them the car, what if the cheque bounces...
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    Affordable Homes Plan

    Today Rudd announced a plan to promote affordable rentals. Basically, if you rent a property 20% under market for 10 years, you get a $6000 tax credit per property each year, plus $2000 one-off rebate from state government. Rudd hopes to attract 100,000 properties into the scheme. Would you...
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    Why are houses with no development potential more expensive than apartments?

    I know that generally, houses are more expensive than apartments, even with the same bedrooms, bathrooms and floor area, because of the land content. This represents the potential change of use down the track which means a developer could pay big bucks. Like my parent's place, which has gone...
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    Victorian Land Tax rates to decrease

    The Victorian Budget was handed down today and shows a reduction in Land Tax rates as follows: - Increase of threshold from $200,000 to $225,000 - 1.2% rate ($1.19m to $1.62m value) to be reduced to 0.8% and combined with existing 0.8% rate ($900k to $1.19m). - 1.8% rate ($1.62m to $2.7m)...
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    Better to Buy or Rent?

    The New York Times has a story on this topic today. While we in Australia are well under most of the US in terms of affordability, the story includes an interactive flash tool which is pretty useful. Tool is at: http://www.nytimes.com/2007/04/10/business/2007_BUYRENT_GRAPHIC.html Related...
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