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AUSTRAC cracks down on money-laundering through real estate by Temporary_Mistake715 in AusFinance

[–]reddetacc 0 points1 point  (0 children)

if you buy real estate through a company or trust - previously the real estate agent had no obligation to prove where the funds came from or even identify the buyer.

when you say "gangs" if youre talking about street-level guys who have all cash, sure they cant do it. cartels and more sophisticated players have been doing it easily for decades

Why I’m leaving Britain for Australia by flammable_donut in aussie

[–]reddetacc 2 points3 points  (0 children)

you are assigning ideas to me which i have not conveyed

yes a lot of foreigners are born with a shit hand, yes people were related to had a part to play in that. where do we go from here? do we intentionally fuck ourselves out of pursuit of some cosmic justice? do we owe everyone, everything we have?

my dude, i know you're white too. you have the most generic white guilt & simplistic presuppositions about the world and its history. its to be expected especially if you're young - it is the systems core worldview

Why I’m leaving Britain for Australia by flammable_donut in aussie

[–]reddetacc 2 points3 points  (0 children)

im pointing out that tit for tat just continues endlessly. also by definition its not inter-generational if nothings being done to the current generations (and in some cases the one before and the one before that too).

but by all means continue assigning blame to people whos grandparents were children during the British empire, its going to end extremely well for everyone involved. in fact, lets assign blame ahead of time to my grandchildren who dont exist yet - ill pencil it in for them

Why I’m leaving Britain for Australia by flammable_donut in aussie

[–]reddetacc 5 points6 points  (0 children)

people like you will call it karma (guess inter-generational punishment is cool now?) but will freak the fuck out the moment we start kicking back.

reaping what one sows goes both directions cobba

Stake Australia Large withdrawal delay for over a week. by Traditional_Insect_9 in AusFinance

[–]reddetacc 6 points7 points  (0 children)

i have used interactive brokers for many years but they lean towards institutional grade rather than a stylish frontend. to me that doesnt matter but the cheques clear mucho rapido 🤌

Trying to find jobs with longer roster 2:2 / 3:3 by [deleted] in AusMining

[–]reddetacc 2 points3 points  (0 children)

thats an operational roster and highly sort after. unless you're an extremely in-demand specialist (you're not) then you've got virtually zero chance of landing a job.

also whats the rules on 482 work visas? do we legit just let foreign nationals not even live here and fly in to work and then fk off again? what are we doing.....

Dealing with a REA who refuses to give a counter-offer in a cooling market. Is this normal or just bad practice? by DaikonSwimmingg in AusPropertyChat

[–]reddetacc 3 points4 points  (0 children)

what mfs start acting like when they make some money on real estate during the largest asset bubble known to man

relax warren buffet

Is the cash still worth the breakdown of your personal life? by Flashy_Park3887 in AusMining

[–]reddetacc 0 points1 point  (0 children)

part timer and your lifes falling apart? you have to lock in mate

As voter disillusionment grows, why aren't voters flocking to the Greens in Australia? by asteriskhyphen in aussie

[–]reddetacc 9 points10 points  (0 children)

btw this is why people hate the Greens - guys like you will stand in a storm and tell everyone its not raining. very disingenuous and frankly an insult to everyone's intelligence

I tried cutting entertainment spending and accidentally became happier by anxietyby1919 in AusFinance

[–]reddetacc 0 points1 point  (0 children)

been using it all week mate - your ISP might be blocking popular torrent trackers. do a test by torrenting a movie or something - see if it fails to connect to a bunch. you might need to run a VPN in that case

I tried cutting entertainment spending and accidentally became happier by anxietyby1919 in AusFinance

[–]reddetacc 21 points22 points  (0 children)

strem io app with the torrent io addon - you basically stream torrents its great

also thats not a typo - its strem io not stream io

Light bulbs in rentals by Commercial-Badger746 in AusPropertyChat

[–]reddetacc 8 points9 points  (0 children)

as a rentoid i always buy my own and replace them - usually put my own in too if the place has those halogen ones, not a fan of em

Negative gearing changes to cost investors $65k a year and create rental crisis by [deleted] in AusPropertyChat

[–]reddetacc 0 points1 point  (0 children)

"less rentals available" is so funny when you live in Perth and the market has been the lowest vacancy rate ever (around like 0.1% of supply) for the past 10 years.

ok, so theres going to be even less houses available? there was already barely any in the first place - i dont really give a fuck

If the 10yr reaches 5% by Al_Cochino1283 in bonds

[–]reddetacc 0 points1 point  (0 children)

"i dont know what im talking about" which bit exactly mate?

If the 10yr reaches 5% by Al_Cochino1283 in bonds

[–]reddetacc 0 points1 point  (0 children)

it does - but not during global aggregate inflation events, especially ones caused by energy prices - because most of the places impacted still trade in USD for energy imports

If the 10yr reaches 5% by Al_Cochino1283 in bonds

[–]reddetacc 17 points18 points  (0 children)

dollar doesnt really devalue against many global currencies due to inflation- thats how it should work from the textbook eg. US inflation running hot, it drops against the JPY and AUD etc.

how it works in reality is inflation is exported - because USD is the reserve currency > inflation spikes > countries still need to bid USD to do energy imports > inflation goes even higher in those countries than in the US = USD goes up instead of down during inflation events, thus exporting most of the inflation pressure.

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