THE BUDGET

[newstart2380]

I listened to Amanda Vanstone and Grahame Richardson this morning and what I heard was very concerning.

They both agreed that what ever party wins the election in September the GST will most likely rise at some stage to at least 15% because the deficit at this stage ( and rising) is so huge and there is NO money in the coffers.

The mining boom has weakened somewhat and this government has grossly overspent, the OZ dollar is to strong against other currencies but GR stated any credible treasury department would have foreseen and taken appropriate measures long before now because the OZ dollar has been high for over 2 years.

The Swan budget will be interesting but I think it will be his "swan song"

[twinkles**stars]

you will find a broker will only offer deals on banks who pay them a fee for securing a new customer.......the smaller banks dont do that.....hence why i would not use a broker. community owned ones are good

[izabsmiling]

As a single female parent I can tell you that a lot of women get refused for home loans because they are the sole carer of a child

I think things may have gotten stricter as the cost of homes has risen .

I was a single Mum of 3 primary school aged children (back in the workforce again after studying full time) and was approved for a loan (which I didn't end up taking as the house was too isolated ) .They did look at my CC statement to see that I managed that debt well.

[freakiness]

so how many people do you know that earn that or more?

do both you and your partner earn more? $2600 plus a week

I don't often ask people how much they earn? Do you?

I don't tell strangers on the net how much I earn either.

You do realize that is only about $67000 a year. Not exactly high income, not bad but not high either.

[bella_again]

you will find a broker will only offer deals on banks who pay them a fee for securing a new customer.......the smaller banks dont do that.....hence why i would not use a broker. community owned ones are good

Doesn't worry me they do their job I get my house.  I have a competitive interest rate and my loan is cheaper than renting would be.

[the_hawk*]

I don't often ask people how much they earn? Do you?

things like that often will usually come up when friends talk 😉

[catsnknots]

Thanks for the tips people.. I really do appreciate it.. and will take it all into account as the next few years progress. 

Not posting much as I keep timing out and have to reload and log back in.. can't be bothered trying to troubleshoot more than I have.. I need to go list more stuff to sell on Ebay anyway.. 

chat later. 

[froot_loopz]

As a single female parent I can tell you that a lot of women get refused for home loans because they are the sole carer of a child.. 

Not all of us but a lot of us are in that situation. 

It is not a negative credit report that was my problem... that was all fine.. 

It was lack of proof that I can repay a loan... 

I can only relay what a bank manager told me... it was my personal experience.. I am not telling fibs.. it was what I was told. 

single parent with a house loan. I went through the homestart, called keystart in other starts and other names.

they are more expensive but I wanted a house, and it was the only way I was going to get one.


I work part time and recieve a top up from centrelink

[froot_loopz]

yep its tough out there and going to get tougher.

trying to find a second job or a fulltime (LAUGH, no such thing now adays)  job

cant get a look in for an interview anywhere


so many businesses, big and small going to the wall,and I suspect its only going to get worse

[froot_loopz]

John I accent the term average to refer to the average wage earner, how many people do you personally know that earn $1300 a week or more.

I only know one and he drives interstate trucks and works 7 days a week and sleeps in his truck when not driving.

I know of one, my sister, and her income is 5 times as much as mine.

and going up every year

[the_hawk*]

I know of one, my sister, and her income is 5 times as much as mine.

and going up every year

and far from the average wage earner Frootie