Introduction to Australian real estate

Australians whose homes have been inundated with floodwater in the state of Queensland are now facing the threat of deadly snakes as the reptiles move into dry buildings to avoid the rising waters.

SYDNEY—Australia's economic boom is spurring a steady stream of unexpected visitors looking for work: Americans.

U.S. citizens are heading to Australia in small but growing numbers as near-10% unemployment at home drives more to look for jobs Down Under, where China's thirst for iron ore and energy is transforming the Pacific nation into an economic powerhouse.

ianadds wrote:More U.S. Job-Hunters Try Australia
http://online.wsj.com/article/SB10001424052748704118504576034130441492962.html

SYDNEY—Australia's economic boom is spurring a steady stream of unexpected visitors looking for work: Americans.

U.S. citizens are heading to Australia in small but growing numbers as near-10% unemployment at home drives more to look for jobs Down Under, where China's thirst for iron ore and energy is transforming the Pacific nation into an economic powerhouse.

Just in case anybody who is interested ??!!

For example: Subscribers to our premium service, www.peoplenomics.com, will want to refer to Issue #445-A of March 6, 2010 for this seemingly prescient quote:

"Everyone once in a while a reader email, or a news tip, comes along which just screams for more follow-up because it fits with a lot of 'rumbles' being heard lately. That was the case this week when the following email arrived from Australia:

"hi George, keep it short, know you have tons to look at everyday? I just don't get it? my Husband is working on this huge project, in the first meetings the top management levels are informed the Government is building it for the 10,000 year flood and its not public knowledge. He looks around and hardly anyone bats an eyelid? The speaker looks my husband in the eye and sais yes , the last time Noah was involved? yes, That flood! 45 billion being spent on this one. His part is in Brisbane, Queensland ,yet many roads being rebuilt higher all over the state and many new motor way tunnels. The tunnels in Brisbane are what we believe will be the way to relay the big floods out to sea (too bad if your in it at the time is my guess) Examining the way they have built the new hospital, it appears that ships could dock there, no reason to be built that high. No photography is allowed and this is regulated strictly. Must be finished before 2012, but last few days they have suggested to speed up works and intend to work under floodlight around the clock. Now, thats just making me a bit more nervous. Maybe your right, 2012 has been moved forward? Feel free to ask for more info, he will send it over the weekend if so. I probably would have dismissed it as myth myself, but when you're on the payroll for the big event, well, it doesn't get more real than that? Are there Any projects over there reporting the same reason for big projects. Maybe they weren't meant to slip the truth into this meeting? Just reply simply: more info...and I will forward facts if your interested. The company is sworn to secrecy but he hasn't signed anything and sais he is willing to speak. Why should we be in the dark while they spend so much to safe guard the corporate structures? I really don't think we will get warnings on what they must already know is coming. yours..."

seeker401 wrote:i read that this morning..

ianadds wrote:Hello Ukraine !! I will be back in full strength by the end of this week..
Beware of rising interest rates from the US side of things..

Aussie Will Slide to $0.88 By Year-End
http://www.cnbc.com/id/15840232?video=1765323995&play=1

Airtime: Mon. Jan. 24 2011 | ndard e) ET
Callum Henderson, global head of FX research at Standard Chartered, forecasts the Australian dollar will fall to $0.88 by the end of the year due to moderating growth and a change in the RBA's policy direction. He speaks to CNBC's Bernard Lo and Oriel Morrison.

ianadds wrote:Beware of rising interest rates from the US side of things..

ianadds wrote:Relatively speaking of course, Aussie Central bank does not interfere with the financial markets as much as the Federal Reserve. Hence Australian Dollar is an extremely good currency to speculate with. I usually take my cue from the Australian central bank and its financial markets..If Aussie depreciate vs the USD due to rising US interest, which means US stock market will tank.. I believe the events that we are witnessing have already occurred during the 1997 Asian financial crisis. Fed lowers interest rates for a very long period then reverse course rather unexpectedly. The violent seasawing action destroyed the asian economies up to a decade..

Will Flood Tax Hurt the Aussie?
http://www.cnbc.com/id/15840232?video=1768627955&play=1

irtime: Wed. Jan. 26 2011 | ndard e) ET
Discussing the impact of Australia's new flood levy on the country's economy and currency, with Lee Wai Tuck, currency markets strategist at Forecast and CNBC's Chloe Cho & Anna Edwards.