No rush buying in Brisbane

Discussion in 'Property Market Economics' started by Noobieboy, 18th Mar, 2019.

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  1. JohnPropChat

    JohnPropChat Well-Known Member

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    With QLD set to loose some of the GST surplus it was enjoying, it has to make it up somewhere else.Geez, WA was getting almost the same as NT, a place with 1/10th the population.

    upload_2019-3-24_9-45-40.png
     
  2. JDP1

    JDP1 Well-Known Member

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    Maybe true..but we are talking brisbane...I'll take my chances that it ain't gonna boom...:)
    I think we will see Syd and Mel booms round 2 before brisbane has even round 1 boom.
     
  3. mickyyyy

    mickyyyy Well-Known Member

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    I feel the same but certain pockets ill do really well, the question is which pockets...
     
  4. Angel

    Angel Well-Known Member

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    Are you doing the reverse psychology thing nowdays?
     
  5. JDP1

    JDP1 Well-Known Member

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    No..I'm doing something called the truth. :)
     
  6. JDP1

    JDP1 Well-Known Member

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    Purely based on observation and anecdotal evidence...
    I'm seeing more new international migration in brisbane .
    I ask3d one such couple last week.. why brisbane ? Most either goto Sydney or Mel and the response was that brisbane is an up and coming city, a city with growth, and that they wanted to be part of that growth. .also, they mentioned how brisbane is now making itself known in other parts of the world - the branding and name recognition seems to be increasing. It's talked more and more with the likes of Sydney and Mel overseas.
    So whilst no rush...it's getting there. Years more of this and I think brisbane will be a viable competitor to the Syd and Mel for international migration.
    This can mean only one thing for house prices...no...no boom in brisbane...it means it will be better value overseas , so go and buy there:)
     
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  7. samiam

    samiam Well-Known Member

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    Brisbane will boom now that @JDP1 stops hyping
     
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  8. JDP1

    JDP1 Well-Known Member

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    This is really good news for seq and brisbane in particular if it ever goes though.
    Budget commits to ‘most ambitious to date’ megacity
    It will greatly improve the connections with all of seq. Brisbane will be the biggest winner though.. why? Because I'm fairly sure that the high value jobs will be dominated by brisbane as opposed to the rest of seq ( look at the jobs centers in brisbane and surrounds a d the type of jobs they are seeking to create).
    However.....there still will NOT be a boom in brisbane. The sydneysiders will figure out a way yo cash in on seq growth befor3 brisbane does, so I'd suggest buying there :)
     
  9. Noobieboy

    Noobieboy Well-Known Member

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    Sydney got $7B, SEQ got a promise to negotiate... yeah?
     
  10. Foxdan

    Foxdan Well-Known Member

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  11. Noobieboy

    Noobieboy Well-Known Member

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    Why does that matter? I was talking about the budget.
     
  12. JDP1

    JDP1 Well-Known Member

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    Don't know ...but probably..
    This is the liberals way of saying...vote liberal state elections not labour..if you vote liberals, look at what we could do if we are in in QLD.
     
  13. Noobieboy

    Noobieboy Well-Known Member

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    I think you are spot on. Would be very interesting if any of that changes if (or when) Labor wins the election. Sydney is already undergoing a gigantic infrastructure spend, it is needed.

    But I am wondering why both Victoria and NSW got big handouts, QLD and the rest got overlooked.
     
  14. Illusivedreams

    Illusivedreams Well-Known Member

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    Nsw keeps 85% of what it makes in GST according to the chart>?


    Am I correct?

    If so what hand out. we are loosing 15% of our collected revenue.

    A hand out is:
    noun: hand-out
    1. 1.
      a quantity of financial or other material aid given to a person or organization.
      "dependence on central government handouts"
      synonyms: charity, aid, benefit, financial support, gifts of money, gifts of food, subsidies, payments, donations; More
     
  15. Noobieboy

    Noobieboy Well-Known Member

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    That is right. It just depends on which angle you look. I do agree that NSW and VIC currently subsidise rest of Australia. Before that it was WA. It’s just natural part of being a federation and something that benefits NSW as much as anyone else.

    On the other hand NSW and VIC do receive a disproportionate amount of funding from the commonwealth. Look at where federal jobs are located. Mostly Canberra, Sydney and Melbourne. That is indirect subsidies through high paying jobs, consumption etc.
     
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  16. QldKoolies

    QldKoolies Well-Known Member

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    Its classic commie/ALP/greens talk. When they reduce your tax its a ‘hand out’ because all of our incomes belong to the government to be redistributed and we should be grateful and under scrutiny when they let us keep some of it.

    Language matters people it affects your psyche. Tax reductions are just that, this goes for states to federal - federation of states. Not a country divided into portions.
     
  17. Lacrim

    Lacrim Well-Known Member

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  18. Joynz

    Joynz Well-Known Member

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  19. RaoulDuke66

    RaoulDuke66 Well-Known Member

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  20. RaoulDuke66

    RaoulDuke66 Well-Known Member

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    Those aren't bars. They're called "Logan shutters"