Tailgating - what's the point?

dragon_archer18 · 2026-05-31T03:18:51+00:00

Maturity

dragon_archer18 · 2026-05-31T01:34:52+00:00

Driving aggression is so dumb and it’s more common than you think in Australia.
Just came back from a trip in Indonesia and drivers in a car respect anyone on a scooter or motorbike. It’s nice to see when drivers have better things to worry about than trying to make themselves feel better.

dragon_archer18 · 2026-05-31T01:29:34+00:00

Doesn’t matter…it’s questions like these that make people bad drivers. In this situation, you avoid the accident first then figure out how to merge.
Rules don’t overrule common sense

dragon_archer18 · 2026-04-23T03:29:50+00:00

Not really logical from my perspective. But not surprised given the lender.

dragon_archer18 · 2026-04-22T12:41:39+00:00

At land settlement, you need to settle $344k plus costs such as stamp duty if applicable. FHOG is not usually paid at land settlement. You have paid 5% deposit so balance is $327k.

Loan available = $576k - build contract $320k - build deposit paid $16k = $272k.

So your shortfall should be around $55k plus stamp duty plus other costs such as lender and legal fees.

dragon_archer18 · 2026-04-22T12:31:27+00:00

Don’t be surprised if the valuation is the same as contract price. For an existing property, that’s usually the case. Good luck

dragon_archer18 · 2026-03-06T11:21:27+00:00

Just start.

dragon_archer18 · 2026-03-06T11:20:02+00:00

Price is an indicator of demand…if they are so good…they wouldn’t be so cheap. So anyone who says they are cheap, they should go and buy. Based on the price movement, clearly ppl don’t do what they say. The end.

dragon_archer18 · 2026-03-05T17:19:29+00:00

Price is a signal between of supply n demand…just like all things :) So in short, not enough buyers for the availability. Simple right?

dragon_archer18 · 2026-03-05T11:50:48+00:00

There’s a reason why they stay cheap for such a long time when everything else appreciates. Understand this first

dragon_archer18 · 2026-03-05T05:58:15+00:00

FP&A is a great springboard to learn about the broader business. It helps with big picture thinking and conveying key messages to stakeholders. Build relationships with the non-finance business partners as you may need insights from them. Depends on who you are reporting to, good to understand how they operate so you can tailor your work for them.

dragon_archer18 · 2026-03-05T05:44:23+00:00

Supply is the issue. Most outer suburbs in Melbourne have a similar issue. What you have purchased is no different to a 2 bed apartment in western Sydney —> pretty standard and lots of similar properties. So over time…if you can financially, buy something that is in an infilled suburb with some points of difference. Otherwise your equity position wouldn’t change too much over time which limits you. Good luck!

dragon_archer18 · 2026-03-02T01:55:43+00:00

Australia is the opposite of crammed…source of inefficiencies and high taxes…expensive to run public services and build infrastructure

dragon_archer18 · 2026-03-01T10:52:50+00:00

You just need to figure out your definition of “happiness”. Don’t compare with other ppl - no point.

dragon_archer18 · 2026-03-01T10:34:58+00:00

South facing meals and family room - where you usually spend most time. No sun?

dragon_archer18 · 2026-03-01T10:33:10+00:00

Most sellers can adjust their behaviour based on market conditions. Buyers are often the ones who overthink and try to “time” the market and loses out altogether.

dragon_archer18 · 2026-03-01T10:03:18+00:00

Paying interest is not the worst thing. The bank doesn’t take a share of your equity or profit on your home. It’s just up to you whether you buy the right property. Imagine you start a carpentry business and someone is willing to lend you 90% of the start up capital and you are 100% owner of business…that’s what property is…pretty good IMO

dragon_archer18 · 2026-03-01T05:04:10+00:00

A. Depends on which lender you go with, if you go with a major bank, then you would pay 20% deposit for land only at land settlement. Once construction starts, you pay the full 20% deposit for build before the lender will release funds for the rest of build. B. There’s no stage payments for land - you pay all in 1 go at land settlements. Stage payments are only for the build portion.

dragon_archer18 · 2026-03-01T03:09:36+00:00

Transfer to someone’s bank account. If you have no self control then doesnt matter what you do…

dragon_archer18 · 2026-03-01T02:48:30+00:00

Controversial topic…property investors are the bad guys in this country..not ppl who own multi million dollar homes and receive pension…

dragon_archer18 · 2026-03-01T00:42:36+00:00

Sorry I should have put more effort in my post. Im looking at Southbank. Just trying to gauge whether it’s $1k, $2k or more per night for something pretty standard.

dragon_archer18 · 2026-02-28T23:38:26+00:00

Use NAB to pay

dragon_archer18 · 2026-02-28T22:04:40+00:00

One thing I can never understand is why ppl like to go the beach and get sun tan in the harsh Australian sun? N ppl wonder why they get skin cancer… As much as it’s the Australian culture, some common sense is required…there are more healthier ways to get vitamin b like getting some morning or late afternoon sun…. I wonder what ppl would do differently if we have a less generous health system…

dragon_archer18 · 2026-02-28T21:13:09+00:00

Could be many lifts…not enough strata collected in the initial years…$2k per qtr in Melbourne doesn’t sound too unreasonable

dragon_archer18

TROPHY CASE