The official OZ bashing thread.

[IWC2006]

Re: Its Official:Australia is only for losers

Loser = Shiockshit = redbull313 = busy123, same person different nicks

 

[shockshiok]

Re: Australia Property Prices to Crash 40%, Axe168 Run Road

Is there a downturn in Australia? I had no idea. Must be the ripp-off prices emptying people's pockets in legalized extortion. That's what I thought of their prices when I was there.

yes there is a definite crash coming in australia. last gdp numbers show economy there grew to a halt. the pain will be great

hee hee.

 

[shockshiok]

Re: Australia's expensive Cars and Petrol

OMG, are you on steroids or something? Jesus.

when you deal with morons, that what happens. and its so much fun!

hee hee

 

[shockshiok]

Re: How Australia Killed 2433 Tourists in 7 Years!

That's shocky boy's specialty. Shocking people.

thank you. thank you. read the news. it says it all.

 

[shockshiok]

Re: New Racist Party Formed in Australia-Asians Banned

australia is always white...pls don't try to paint it brown, yellow or black...australians are whites through and through.

yes, this is why the subprime singaporeans here are so combative - angry, defensive, and resort to typical PAP style tactics. so sad to see really.

hee hee.

 

[shockshiok]

Re: Its Official:Australia is only for losers

Actually I just read the article for the second time.

I am shocked at how negative and anti-Australian it is, but there must be some truth in this report.

I was wondering if we could get sam to make this article a sticky. its that good.

hee hee.

 

[shockshiok]

Re: Australia's Persistent Racism

I think cost is more important than racism. Give a Singaporean a deal and they will line up. That is why Australia is a shit place these days, its a ripp-off.

but singaporeans react well to the fear factor. cost is number 2, but fear for the singaporean is always number 1.

 

[shockshiok]

Re: Rich Australians Run Away from Massive Oz Taxes!

Wow. First Australians are leaving, then its only for losers, then LKY says its for second class Singaporeans. Then it becomes one of the most expensive places on the planet.

Bad news all around.

hee hee, why do you think the subprime singaporeans here are so angry?

this is officially my favorite hobby now, annoying subprime singaporeans suffering the consequences of thier stupidity in australia.

sit back and enjoy the show.

hee hee.

 

[Aussie Pete]

Re: Australia's expensive Cars and Petrol

when you deal with morons, that what happens. and its so much fun!

hee hee

Speaking of morons - it doesn't matter what nick you (three) all post under... many of the posts are now being investigated... good luck to you! It was all fun and games before - but u made a big moronic mistake bringing my baby son into your racist trolling... now just await the knock on the door.

http://statutes.agc.gov.sg/non_vers...ctitle=SEDITION ACT &date=latest&method=whole

 

[shockshiok]

Subprime Singaporeans in Oz Thirsty, no water to drink!

dear all, as you are aware, the ongoing droughts in australia has created many problems for the economy - very high price of water, leading to a decrease in the overall quality of life in australia.

unfortunately i am reminded of singapore's precarious position in this situation. purchase water.

tsk tsk tsk. only a subprime singaporean is stupid enough to be exposed to such a crisis. no wonder there is such much anger every time they open thier water rates bill! its expensive! soon water will be as precious as gold!

hee hee

http://www.google.com/hostednews/ap/article/ALeqM5hkXWf9RpC1S45rFBoUBGel0biC7AD94SMLTO1

Drought forces Australian state to purchase water

By TANALEE SMITH – 2 days ago

SYDNEY, Australia (AP) — Australia's driest state has been forced to purchase water for the first time to ensure adequate supplies in the midst of a drought, a government official said Friday.

Karlene Maywald, state water security minister, said South Australia has purchased 61 billion gallons (231 gigaliters) of water so that Adelaide, the state capital, will have enough water for 2009 even if the drought continues.

"We're just being prudent, getting into the market and buying it (water) to make sure we've got it," Maywald told Australian Broadcasting Corp. radio.

The purchase highlights the dire situation in South Australia, which some experts had predicted would run out of water by the end of the year. The state has suffered through drought for the past five years, and water in Adelaide's storage containers and reservoirs dropped 8 percent in the last year.

South Australia receives the least rainfall of any Australian state. Adelaide, on the coast, averages 20.8 inches (528 millimeters) a year but much of the state gets less than 9.8 inches (250 millimeters).

In addition to years of record low rainfall, the arid region also lies at the end of a river system that has seen falling water levels.

Residents are routinely under restrictions that limit outdoor use of water for watering lawns, washing cars or cleaning gutters.

Maywald said the state bought 8 billion gallons (30 gigaliters) of water from shared resources with other states, while 53 billion gallons (201 gigaliters) was purchased on the water trading market for between 350 to 450 Australian dollars per gigaliter ($225 to $290).

The federal government this week passed legislation allowing it to take charge of Australia's largest river system — the Murray-Darling Basin, which flows through four states. The system had been state-managed since 1901, but the protracted drought and overallocation of water rights in some regions prompted the takeover to preserve the basin's dwindling resources and ensure states like South Australia will not run dry.

 

[shockshiok]

Re: Australia's expensive Cars and Petrol

Speaking of morons - it doesn't matter what nick you (three) all post under... many of the posts are now being investigated... good luck to you! It was all fun and games before - but u made a big moronic mistake bringing my baby son into your racist trolling... now just await the knock on the door.

http://statutes.agc.gov.sg/non_vers...ctitle=SEDITION ACT &date=latest&method=whole

awwwwww. poor baby. i mean your son. with a messed up dad like you around, working all the time pretending everything is all right when its not, its just a matter of time before your son learns the meaning of rage. must be what you feel when you read the truth of why you married your village bird. ouch.

thats what happens when you fail to deal with your family drama, you git.

 

[shockshiok]

Only in OZ! Mortgage Rates Down-but Bank Impose Penalty for 43K Losers!

once again people you saw it here, heard it here. in australia the rba has been slashing rates - creating a worthless A$, but 43000 "losers" (subprime singaporeans, axe 168) will be penalized should they wish to take advantage of lower mortgage rates.

these 43000 are effectively locked into a higher mortgage interest rate!
truly worthy of subprime singaporeans! only in a disaster like australia!

hee hee hee

http://www.news.com.au/business/money/story/0,28323,24755495-5016199,00.html

Interest rate cut creates 43,000 losers

By Stephen Johnson

AAP

December 05, 2008 04:02pm

A MASSIVE interest rate cut this week has made more than 43,000 home borrowers Australia's biggest losers.

The costs of exiting an average fixed rate mortgage jumped to $18,000 because break fees for the loan rise as interest rates fall.

Banks charge break fees to exit fixed-rate home loans so they can meet interest payment obligations to term deposit customers.

The Reserve Bank on Tuesday announced it would slash official interest rates by a full percentage point to a six and a half year low.

The 43,632 borrowers who opted for fixed-rate mortgages between March and August this year, when interest rates were at a decade-high peak, face hefty fees if they want to switch to a standard variable loan.

Official interest rates would have to fall to the lowest levels since February 1965 for these borrowers to recoup the cost of switching out of a fixed loan through cheaper mortgage repayments.

A borrower who took out an average $250,000 loan, fixed at 9 per cent for three years back in June, faces an $18,000 exit fee if they want to move into a standard variable loan.

Leaving an equivalent $400,000 loan would incur a $29,000 charge, according to Canstar Cannex data of exit fees charged by the major banks.

Canstar Cannex senior financial analyst Harry Senlitonga said lenders typically charged higher "break fees" to exit fixed-rate loans when official interest rates were falling.

"The more the interest rate cut, the more the break cost," he said.

"For a borrower, the question they need to ask themself is how long you have left on a fixed rate and whether it's worth paying the fee or not."

Borrowers who took out a fixed rate loan in August would face higher exit fees than those who took out a mortgage in March, when the RBA was still talking up inflation as its biggest worrry.

Two of Australia's big four banks matched the RBA's one percentage point rate cut, which took the overnight cash rate to 4.25 per cent.

Monthly repayments on a $250,000 standard variable home loan with the Commonwealth Bank and NAB fell to $1,678 as mortgage rates dropped to 6.74 per cent.

By comparison, borrowers on an equivalent 9 per cent fixed rate loan are still paying $2058 a month.

Switching from a $250,000 fixed rate to a lower standard variable loan would reduce mortgage repayments by $13,680 over three years at current interest rates.

Borrowers would only recoup the $18,000 cost of exiting an average, three-year fixed-rate loan if official interest rates fell by another 75 basis points - to a 44-year low of 3.5 per cent - and took standard variable mortgage rates to under 6 per cent.

After this week's rate cut, a one-year term deposit account with a rural bank was offering 6 per cent interest on $1,000, updated figures from termdeposit.com.au say.

That would be good news for pensioners, who will get a $1400 cheque on Tuesday if they're single or $2100 if they're attached as part of the Federal Government's $10.4 billion economic stimulus package.

FIIG Securities head of research Justin McCarthy said the prospect of more rate cuts from the RBA in early 2009 would make a term deposit account a good investment.

"The RBA will cut rates further in the new year so it makes sense to lock in deposit rates before that occurs," he said.

Combined Pensioners and Superannuants Association policy co-ordinator Charmaine Crowe said only about 10 per cent of pensioners would be in a position to invest rather than spend their lump sum.

 

[shockshiok]

Australian Job Market "Falls off a Cliff!"

hee hee. yet more bad news for the worst country in the world. hee hee.

http://www.theage.com.au/national/dramatic-drop-in-job-prospects-20081208-6u47.html

Dramatic drop in job prospects

* Peter Martin
* December 9, 2008

ALARMING figures show the jobs market "falling off a cliff" as the Government implores Australians to spend their $8.7 billion in stimulus payments due over the next two weeks.

The ANZ's count of newspaper job advertisements collapsed 12 per cent in November on top of a 12 per cent slide in October — the steepest fall in its 30-year history.

"Job ads are now in the zone last seen during the recessions of the early 1970s and early 1980s," said UBS Australia economist Scott Haslem.

"They have fallen off a cliff. For every 10 jobs advertised a year ago, there now are only six," said Macquarie Bank strategist Rory Robertson.

"Full-time jobs growth has slowed to a crawl. Should it slow further in the figures to be released on Thursday it will be an ominous sign of darker times ahead," he said.

Treasurer Wayne Swan urged the millions of Australians due to get the $8.7 billion in bonus payments to spend the money "knowing they are supporting Australian industry and supporting Australian jobs".

"These payments are directly related to the urgent task of supporting employment in our economy because of events which have occurred internationally," he said.

Treasury estimates suggest that between 50 per cent and 100 per cent of the payments will be spent.

Opposition Leader Malcolm Turnbull dismissed the payments as a "sugar hit", saying the money would be better delivered as tax cuts.

"In a climate like this people are very much inclined to save one-off payments like this," he said. "This is an economic equivalent of a one-off sugar hit."

"Across-the-board tax cuts, particularly targeted at lower and middle-income earners, are going to have a greater impact. People would see them as being permanent. They will see them as encouraging people to work, to invest, to hire people and so forth," he said.

Kevin Rudd expected the criticism. "The Government understands that we'll be criticised for how some of this money is spent, but the alternative is for government to do nothing to stimulate the economy, for government not to invest in jobs, in growth, in families, and this government, by contrast, has resolved to act," he said.

Payments will begin to enter bank accounts tomorrow. Families Minister Jenny Macklin appealed to eligible Australians to wait until after December 19 before phoning Centrelink to inquire about missing payments.

 

[busy123]

Re: Subprime Singaporeans in Oz Thirsty, no water to drink!

dear all, as you are aware, the ongoing droughts in australia has created many problems for the economy - very high price of water, leading to a decrease in the overall quality of life in australia.

unfortunately i am reminded of singapore's precarious position in this situation. purchase water.

tsk tsk tsk. only a subprime singaporean is stupid enough to be exposed to such a crisis. no wonder there is such much anger every time they open thier water rates bill! its expensive! soon water will be as precious as gold!

hee hee

http://www.google.com/hostednews/ap/article/ALeqM5hkXWf9RpC1S45rFBoUBGel0biC7AD94SMLTO1

Drought forces Australian state to purchase water

By TANALEE SMITH – 2 days ago

SYDNEY, Australia (AP) — Australia's driest state has been forced to purchase water for the first time to ensure adequate supplies in the midst of a drought, a government official said Friday.

Karlene Maywald, state water security minister, said South Australia has purchased 61 billion gallons (231 gigaliters) of water so that Adelaide, the state capital, will have enough water for 2009 even if the drought continues.

"We're just being prudent, getting into the market and buying it (water) to make sure we've got it," Maywald told Australian Broadcasting Corp. radio.

The purchase highlights the dire situation in South Australia, which some experts had predicted would run out of water by the end of the year. The state has suffered through drought for the past five years, and water in Adelaide's storage containers and reservoirs dropped 8 percent in the last year.

South Australia receives the least rainfall of any Australian state. Adelaide, on the coast, averages 20.8 inches (528 millimeters) a year but much of the state gets less than 9.8 inches (250 millimeters).

In addition to years of record low rainfall, the arid region also lies at the end of a river system that has seen falling water levels.

Residents are routinely under restrictions that limit outdoor use of water for watering lawns, washing cars or cleaning gutters.

Maywald said the state bought 8 billion gallons (30 gigaliters) of water from shared resources with other states, while 53 billion gallons (201 gigaliters) was purchased on the water trading market for between 350 to 450 Australian dollars per gigaliter ($225 to $290).

The federal government this week passed legislation allowing it to take charge of Australia's largest river system — the Murray-Darling Basin, which flows through four states. The system had been state-managed since 1901, but the protracted drought and overallocation of water rights in some regions prompted the takeover to preserve the basin's dwindling resources and ensure states like South Australia will not run dry.

ozzieland can contact sinkee ministry to buy water buy from mudland sell higher price to ozzieland.

 

[busy123]

Re: Australian Job Market "Falls off a Cliff!"

hee hee. yet more bad news for the worst country in the world. hee hee.

http://www.theage.com.au/national/dramatic-drop-in-job-prospects-20081208-6u47.html

Dramatic drop in job prospects

* Peter Martin
* December 9, 2008

ALARMING figures show the jobs market "falling off a cliff" as the Government implores Australians to spend their $8.7 billion in stimulus payments due over the next two weeks.

The ANZ's count of newspaper job advertisements collapsed 12 per cent in November on top of a 12 per cent slide in October — the steepest fall in its 30-year history.

"Job ads are now in the zone last seen during the recessions of the early 1970s and early 1980s," said UBS Australia economist Scott Haslem.

"They have fallen off a cliff. For every 10 jobs advertised a year ago, there now are only six," said Macquarie Bank strategist Rory Robertson.

"Full-time jobs growth has slowed to a crawl. Should it slow further in the figures to be released on Thursday it will be an ominous sign of darker times ahead," he said.

Treasurer Wayne Swan urged the millions of Australians due to get the $8.7 billion in bonus payments to spend the money "knowing they are supporting Australian industry and supporting Australian jobs".

"These payments are directly related to the urgent task of supporting employment in our economy because of events which have occurred internationally," he said.

Treasury estimates suggest that between 50 per cent and 100 per cent of the payments will be spent.

Opposition Leader Malcolm Turnbull dismissed the payments as a "sugar hit", saying the money would be better delivered as tax cuts.

"In a climate like this people are very much inclined to save one-off payments like this," he said. "This is an economic equivalent of a one-off sugar hit."

"Across-the-board tax cuts, particularly targeted at lower and middle-income earners, are going to have a greater impact. People would see them as being permanent. They will see them as encouraging people to work, to invest, to hire people and so forth," he said.

Kevin Rudd expected the criticism. "The Government understands that we'll be criticised for how some of this money is spent, but the alternative is for government to do nothing to stimulate the economy, for government not to invest in jobs, in growth, in families, and this government, by contrast, has resolved to act," he said.

Payments will begin to enter bank accounts tomorrow. Families Minister Jenny Macklin appealed to eligible Australians to wait until after December 19 before phoning Centrelink to inquire about missing payments.

Yalor job posting also affected what.

 

[busy123]

Re: Only in OZ! Mortgage Rates Down-but Bank Impose Penalty for 43K Losers!

once again people you saw it here, heard it here. in australia the rba has been slashing rates - creating a worthless A$, but 43000 "losers" (subprime singaporeans, axe 168) will be penalized should they wish to take advantage of lower mortgage rates.

these 43000 are effectively locked into a higher mortgage interest rate!
truly worthy of subprime singaporeans! only in a disaster like australia!

hee hee hee

http://www.news.com.au/business/money/story/0,28323,24755495-5016199,00.html

Interest rate cut creates 43,000 losers

By Stephen Johnson

AAP

December 05, 2008 04:02pm

A MASSIVE interest rate cut this week has made more than 43,000 home borrowers Australia's biggest losers.

The costs of exiting an average fixed rate mortgage jumped to $18,000 because break fees for the loan rise as interest rates fall.

Banks charge break fees to exit fixed-rate home loans so they can meet interest payment obligations to term deposit customers.

The Reserve Bank on Tuesday announced it would slash official interest rates by a full percentage point to a six and a half year low.

The 43,632 borrowers who opted for fixed-rate mortgages between March and August this year, when interest rates were at a decade-high peak, face hefty fees if they want to switch to a standard variable loan.

Official interest rates would have to fall to the lowest levels since February 1965 for these borrowers to recoup the cost of switching out of a fixed loan through cheaper mortgage repayments.

A borrower who took out an average $250,000 loan, fixed at 9 per cent for three years back in June, faces an $18,000 exit fee if they want to move into a standard variable loan.

Leaving an equivalent $400,000 loan would incur a $29,000 charge, according to Canstar Cannex data of exit fees charged by the major banks.

Canstar Cannex senior financial analyst Harry Senlitonga said lenders typically charged higher "break fees" to exit fixed-rate loans when official interest rates were falling.

"The more the interest rate cut, the more the break cost," he said.

"For a borrower, the question they need to ask themself is how long you have left on a fixed rate and whether it's worth paying the fee or not."

Borrowers who took out a fixed rate loan in August would face higher exit fees than those who took out a mortgage in March, when the RBA was still talking up inflation as its biggest worrry.

Two of Australia's big four banks matched the RBA's one percentage point rate cut, which took the overnight cash rate to 4.25 per cent.

Monthly repayments on a $250,000 standard variable home loan with the Commonwealth Bank and NAB fell to $1,678 as mortgage rates dropped to 6.74 per cent.

By comparison, borrowers on an equivalent 9 per cent fixed rate loan are still paying $2058 a month.

Switching from a $250,000 fixed rate to a lower standard variable loan would reduce mortgage repayments by $13,680 over three years at current interest rates.

Borrowers would only recoup the $18,000 cost of exiting an average, three-year fixed-rate loan if official interest rates fell by another 75 basis points - to a 44-year low of 3.5 per cent - and took standard variable mortgage rates to under 6 per cent.

After this week's rate cut, a one-year term deposit account with a rural bank was offering 6 per cent interest on $1,000, updated figures from termdeposit.com.au say.

That would be good news for pensioners, who will get a $1400 cheque on Tuesday if they're single or $2100 if they're attached as part of the Federal Government's $10.4 billion economic stimulus package.

FIIG Securities head of research Justin McCarthy said the prospect of more rate cuts from the RBA in early 2009 would make a term deposit account a good investment.

"The RBA will cut rates further in the new year so it makes sense to lock in deposit rates before that occurs," he said.

Combined Pensioners and Superannuants Association policy co-ordinator Charmaine Crowe said only about 10 per cent of pensioners would be in a position to invest rather than spend their lump sum.

Aiyoh this one is case where dont read fine print lor.

 

[busy123]

Re: Rich Australians Run Away from Massive Oz Taxes!

hee hee, why do you think the subprime singaporeans here are so angry?

this is officially my favorite hobby now, annoying subprime singaporeans suffering the consequences of thier stupidity in australia.

sit back and enjoy the show.

hee hee.

Wah lau so many post from this QXD

Better just ignore him. This one sound very desperate

 

[shockshiok]

Re: Rich Australians Run Away from Massive Oz Taxes!

Wah lau so many post from this QXD

Better just ignore him. This one sound very desperate

yes, i seem to have REALLY upset this moron!

hee hee hee

 

[busy123]

Re: Australia's expensive Cars and Petrol

Wah. This One is like war. Any Aussie vs shockshit.

 

[busy123]

Re: Australia's Persistent Racism

but singaporeans react well to the fear factor. cost is number 2, but fear for the singaporean is always number 1.

Yalor sinkee mentality is all same same.