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  1. Norwester

    Not a perfect day........

    Oh man, Lou Reed has passed away at 71. Ciao Nor
  2. Norwester

    Medicare

    Hi all, Been a lot of discussion lately re Medicare, NDIS etc etc. Just thought I'd share some recent experience. Over Christmas in Perth I had the pleasure of having a minor paraumbilical hernia ( just think of Alien and you'll get the idea). Anyhow no big deal, quick bit of internet...
  3. Norwester

    Westpac - Title Issue

    Hi All, Just a quick question re Westpac. Daughter number 1 currently has an application in process and has just been advised that the loan will not be appproved until the property title is available...... New property, title currently doing the rounds of the LGA's and is anticipated...
  4. Norwester

    GST Margin Scheme

    Hi all, Interested to know the implications of this special condition that is in a contract that I'm looking through at the moment....... "The buyer and the seller agree that the margin scheme shall apply for the purpose of GST" What exactly am I agreeing to here?? Obviously the...
  5. Norwester

    Which Bank...

    Hi All, Long time no speak......:o Off to the *which* bank tommorrow to try my luck for the next one. (my first Perth IP...:eek:) Hopefully I'm not back in here tommorow whining like a lot of these other threads. Although the initial conversation today wasn't that thrilling.....if...
  6. Norwester

    Money's too tight to mention.......

    Apparently not for Westpac........... My 18 year old daughter walked into a Westpac branch today and in the space of 15 min interview was pre-approved over the counter to borrow $560K.....:eek: She earns about 85K gross PA, has worked for about 8 months for Minara Resources...
  7. Norwester

    Lease Break - WA

    Hi All, Just a quick question. What are the implications to a tenant in WA, when the tenant breaks the lease by becoming the owner of the property? I am said tenant........:eek: ciao Nor
  8. Norwester

    $14,333.20

    Hi Guys, Just though I'd post up some happy news. The above figure is what I have just paid to own my latest IP. My old RioTinto company house in TP. All up cost $43K. Has to be rented back to Rio at the grand sum of $5700 PA for the next 4 years and 10 months, but on the...
  9. Norwester

    Renting off of own company.....

    Hi All, Is it possible to rent a residential property off of your own company (at arms length ie via agent) with out incurring the wrath of the ATO. Just got some weird stuff churning through the ticker at the moment...............:confused: ciao Nor ( Mods - wasn't quite sure...
  10. Norwester

    If you can't laugh about it.......

    This I suppose is one for Dazz........:p and the SS record. Had a courtesy call from one off my PM's today, informing me that there had been a police incident at one of my properties. Apparently the tree lopper that had been engaged (by the PM on my instructions)to do some work had turned...
  11. Norwester

    Business Banking

    Hi All, Not exactly a property finance question, but I thought this section would be close enough. (mods please move as required). Shortly I will be departing my PAYE job, and working through my own company. The company will have to have it's own bank accounts, so I'm wondering which bank...
  12. Norwester

    Perth Rental Prices?

    Hi All, I have just signed a 12 month lease on a 3 X 2 unit/apartment in Perth. $320 a week, and the place is within 13K of the CBD. No big deal really, but what surprised me was when I checked on the places past rental listings......... May 2007 - $320/week November 2007 -...
  13. Norwester

    Burning Bridges

    Hi All, Just wondering. Shortly I am leaving my employer of ten years and will have to have the *compulsory* exit interview. Do I: a) Give them the politically correct version of why.....:o OR b) Give it to 'em with both barrels.......:) Damn I'm tempted to go with (b)...
  14. Norwester

    Assistance required from the ladies......

    Hi, Just trying to figure out Mrs Nors Christmas present here........... http://www.escapedayspas.com.au/view/packages What do you gals reckon would be the best value and most cost effective? Please.........I'm drowning in a sea of mud packs and sliced cucumber. ciao Nor...
  15. Norwester

    Workplace Stress

    Hi All, The last couple of weeks has been pretty stressful at work.........:eek: Major double commissioning, some of which stuffed up no end. If it could go wrong it did. Seriously, I've spent the best part of the last two weeks like a cat on a hot tin roof and in constant damage control...
  16. Norwester

    .05..........

    Hi, Just noticed that BankWest jumped .3 instead of .25........sneaky little devils....:p Obviously nothing to make the front page or to write home about in my case, but I'm just wondering when the four pillars will start doing the same thing. Any predictions? ciao Nor
  17. Norwester

    Caveat

    Hi all, I'm looking at bidding for a property shortly, that I know has several caveats lodged against the title. What is the outcome if the property is sold at auction and the person who has put the caveat on the property refuses to lift it? Or can the property not be sold until the...
  18. Norwester

    Arms length?

    Hi All, Just wondering if some knowledgeable person could explain the term *at arms length* in regard to trusts? Been doing some reading re setting up a DT and have seen this term used fairly often - but have been unable to find an exact explanation of it. ciao Nor
  19. Norwester

    Thailand

    Hi all, Does anyone know the consequences of overstaying your welcome in Thailand? My brothers over there at the moment and was supposed to come back..........but appears to have not enough money for a return airfare...:rolleyes: It's not particularly worrying me but I'm more concerned...
  20. Norwester

    Which Bank...LOC

    Hi, Just going through the end/start of the month stuff and I note that the Viridian LOC rate has gone up by .5%...........:eek: I realise that this is set every quarter, but being new to this I'm just wondering how much they will vary the rate over a year.......is the bank anticipating a...
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