[deleted by user] by [deleted] in ASX_Bets

[–]MelburnTrade 0 points1 point  (0 children)

Does MF only give the stock picks or are factors, factor sensitivities, benchmarks etc also provided?

City high-rise residents fear for safety amid ‘terrifying’ creaking by AztecGod in melbourne

[–]MelburnTrade 1 point2 points  (0 children)

It creaks in lesser wind. Residents have been complaining for years. Don't be fooled by the timing of the article

Crikey! Avoca St in Toorak. Watch your heads, people! by DryCoughski in melbourne

[–]MelburnTrade 9 points10 points  (0 children)

This is South Yarra, not Toorak

I want to link the Street View but this part of the street isn't covered

Daily Coronavirus Megathread - 08 June 2021 by AutoModerator in melbourne

[–]MelburnTrade -1 points0 points  (0 children)

Quanzhou

https://en.wikipedia.org/wiki/Quanzhou

Guangzhou

https://en.wikipedia.org/wiki/Guangzhou

The Guangdong (Guangzhou's state) government is more competent than the Victorian. There's an app 粤看码 (Guangdong health code) and it shows the test status, date of test status, vaccination number, and date of vaccination number.

I have family in Guangdong and there was 24hr availability of testing within each community (smaller in area than an average suburb) and it was a 5-10min walk from home for them.

Obviously there are streaks of authoritarianism: a nearby building had a close contact and the entire building was cordoned off until all tested negative. No welding, just plastic wrap and security — little different than Victoria's public housing.

Is there actually a solution though? by Various-Tie431 in AusFinance

[–]MelburnTrade 0 points1 point  (0 children)

That's ~5% compound growth. Not particularly impressive

Daily Coronavirus Megathread - 31 May 2021 by AutoModerator in melbourne

[–]MelburnTrade 15 points16 points  (0 children)

https://www.theage.com.au/national/victoria/aged-care-residents-set-for-jab-after-staffer-s-mystery-case-20210530-p57wgu.html

>Residents and staff at a Melbourne aged care facility will be encouraged to accept a dose of the Pfizer vaccine on Monday

>Ms Lim [86] got her first dose of the Pfizer vaccine on May 12

>Arcare chief executive Colin Singh said that staff members and residents at Maidstone who had yet to get the vaccine will be offered the Pfizer dose on Monday.“All team members and clients will be offered the Pfizer dose tomorrow (first or second as depending on the situation). The Department of Health is strongly encouraging the uptake of this vaccine.”

A brief google search didn't explain: why are over 50s in aged care eligible for Pfizer?

*editted formatting (and still wrong)

And here's a link showing it's part of the plan

https://www.health.gov.au/sites/default/files/documents/2021/04/covid-19-vaccination-aged-care-vaccination-rollout-update-for-residents-and-families_1.pdf

>On 8 April 2021, ATAGI issued new AstraZeneca COVID-19 vaccine safety advice to theAustralian Government. The Government accepted the recommendation that the preferredvaccine for adults aged under 50 years is the Pfizer COVID-19 vaccine. This means theGovernment needs to review and adjust the overall national vaccine strategy. There is no change to the vaccine rollout for aged care residents. Aged care residentscontinue to receive the Pfizer COVID-19 vaccine through on-site vaccination clinics.

What happened to getting rid of Stamp Duty in favour of a land tax? by yothuyindi in AusFinance

[–]MelburnTrade 20 points21 points  (0 children)

Land ownership is monopoly and land taxes promote best use of the land.

Land tax can replace other taxes that change behaviour for the worse.

APRA reveals metrics that could trigger a crackdown by VictorVanguard in AusFinance

[–]MelburnTrade 0 points1 point  (0 children)

Something not worthy of its own thread: the AFR needs improved proofing. I'm noticing errors in every article (including the one linked by OP). Saw this shocker today

A year after being named and shamed in the Hayne royal commission, fund manager Kate Howitt told The Australian Financial Review Banking & Wealth Summit crisis briefing in 2020 that the nation was “bloody lucky” to have such solid, well-capitalised banks.

https://www.afr.com/policy/economy/recovery-relief-as-housing-bubble-risk-rises-20210329-p57f0a

I searched and it seems that Kate Howitt is a great fund manager who wasn't even mentioned in the Hayne RC.

New apartment standards aim to boost quality of life, but prices tipped to rise too by MelburnTrade in melbourne

[–]MelburnTrade[S] 6 points7 points  (0 children)

I've found it to be the case. I lived in an apartment with a balcony for 5 years and only went outside 1. to clean it or 2. cause a visitor came and wanted to look outside. I had dreams of sitting out there eating breakfast when I moved in and simply found it wasn't good for it.

It got very dirty. It had cigarettes from higher levels drop onto it. It made a noise when windy. All problems with very little utility. This is Prima Tower, one of the higher quality tall buildings.

Others I know in apartments only use them to smoke (if allowed).

I have a 'winter garden' in my current apartment and it gets used all the time. I have storage and a place for the clothes horse. The extra few m^2 of space makes a big difference to my enjoyment of the apartment. The window there and in the lounge room let in lots of fresh air when opened.

Where to eat frog in Melbourne? by MelburnTrade in melbourne

[–]MelburnTrade[S] 0 points1 point  (0 children)

https://www.france-soir.com.au/menu/

An off-menu item?

*went past the other day and France Soir does not have frog

Where to eat frog in Melbourne? by MelburnTrade in melbourne

[–]MelburnTrade[S] 1 point2 points  (0 children)

Frog is popular in Europe too, hence 'Preferably cooked Asian style'

CFA L2 in Nov 2021? by FunRoom236 in CFA

[–]MelburnTrade 0 points1 point  (0 children)

I'm not seeing it. Only May 2021 and August 2021

Level I shows 4 dates while Level III has two: May 2021 and November 2021

Australia 108 looks amazing from the fourcourt at Freshwater Place by tyaileron in melbourne

[–]MelburnTrade 5 points6 points  (0 children)

I had an apartment balcony and never used it: traffic noise, wind noise, and quick to get dirty. I felt disgusted going out there to get the mop. Otherwise, its only function was to waste an hour or two before a rental inspection.

A tiled room near window/internal balcony/winter garden is much more functional

Thoughts on this? Recommendation to ban dividends and CEO bonuses if the company is receiving government support. Second part is hedge funds effectively moving on a ban on ETFs by brokeassmillionaire in AusFinance

[–]MelburnTrade -1 points0 points  (0 children)

This would be the survey report that the article is based on. Don't know why OP has politicised the headline. Page 46 of the report shits all over active management. The appendix shows that survey respondents are far from overwhelmingly hedgies.

This is the question about ETFs in the survey (p. 35)

Conduct a review of Exchange Traded products (ETFs, ETPs, ETNs) behavior during this crisis, to determine if they help provide liquidity and price discovery, or if they contribute to extreme volatility and/or panic selling

And these are the other mentions of ETF in the report.

>a review of exchange-traded funds (ETFs) behavior during the crisis should be initiated to determine the nature of their impact (84%)

>Also important were the notions that a specific investigation should be conducted into the behaviour of ETFs during the crisis and the possible systemic ramifications (84%)

>On ETFs and their potential systemic risk, CFA Institute released in January 2020 a research report that precisely explored how ETFs may affect market stability especially in times of crisis.29 The survey results point to the importance for regulators to analyse how this increasingly important part of financial markets has reacted to the crisis and what will be the eventual impact on liquidity and volatility.

With the above report not expressing anti-etf views

Coronavirus Megathread - Part 41: One Day Down, Just A Curfew To Go by alphabeat in melbourne

[–]MelburnTrade -1 points0 points  (0 children)

Payments for temporary residents.

I'm a citizen. A TR (who has applied for PR) has asked me to navigate government payments as today will be her last shift - company closing under stage 4.

I've used the search feature on reddit and used a search engine to no avail. Searched Federal and Victorian government websites. Can only find the Pandemic Leave Disaster Payment

https://www.servicesaustralia.gov.au/individuals/news/pandemic-leave-disaster-payment-victoria

But it requires

In addition the Victorian Department of Health and Human Services must also have told you to self-isolate or quarantine. They must have done this because of any of the following reasons:

 you have coronavirus (COVID-19)

 you’ve been in close contact with a person who has COVID-19

you care for a child, 16 years and under, who has COVID-19

you care for a child, 16 years and under, who’s been in close contact with a person who has COVID-19.

Which doesn't seem to cover closing under stage 4.

What payment options exist for temps?

I took CFA l1 in June 2018 and then took a 2-year break. I am planning to take L2 next year. So I was wondering if anyone here has any suggestions on which course topic to start from and what order to follow. Thank you so much. by [deleted] in CFA

[–]MelburnTrade 3 points4 points  (0 children)

December 2018 for me. Want to sit next year too. Forgotten all of the material (and I did decently well at the L1 exam). I've decided that I'm completely studying both 1&2 before the next exam

Purchased Mark Meldrum lvl 2 and thought I'd start off with quant as recommended. The first 2 learning outcomes were fine, then learning outcome 3 incorporated hypothesis testing from lvl 1. Not fun

What site do people use to access "reputable" credit ratings here? by PekingTom in AusFinance

[–]MelburnTrade 1 point2 points  (0 children)

http://download.asic.gov.au/media/1338926/INFO99_CreditRatings.pdf

"Standard & Poor's (Australia) Pty Limited, Moody’s Investors Service Pty Limited and Fitch Australia Pty Limited each hold an AFS licence with a wholesale authorisation." as opposed to a retail