INVITATION TO USA CITIZENS TO IMMIGRATE TO ST ARNAUD

From the stats I have gleened it seems like your US government takes about 40% of your GDP in taxes as against 23.6% in Australia and we get annoyed, so I can see why your all totally annoyed about your government taxing policies. I must admit that I believe Australia must benefit from some of that tax grab and expenditure but 40% seems too high by far.

One solution for you young bucks who are not silicon valley types is to consider moving to Australia as I also promote St Arnaud Vic 3478 a western Victorian country town which during the 1860′s produced an estimated 360,000ozs of gold, most of which was derived from one large mine. The Lord Nelson mine produced an estimated 320,000ozs of gold to a maximum depth of 786m. Most of the other mines did not extend beyond 200m depth, and very little exploration has occurred at St Arnaud beneath 200m. And it was high grade per ton of dirt.

So I have self appointed myself as unofficial King, ambassador and immigration minister of the region to try entice new exploration and new residents to come live in this great little town. Mind you the town which never floods is surrounded by millions of acres of grazing pastoral holdings needing young new farmers to take over before others move in. So I hearterly invite interested parties to have a closer look on google and internet sites showing history of the town of approx 3000 people and every major Australian bank still has a branch in the town should tell you lots about the underlying prosperity in the town.We have farming and silo manufaturers needing new blood to take over and expand manufacturing. Why not, it Ted of Everything Attachments can do it why not in Australia….so if you getting sick of all the BS…. come right over and come and have a look see….

I’ll even give you a free room  for a week in one of our 112 year old hotel buildings in St Arnaud not modern. but sure high n dry. There is even a modern motel business for sale in Town …lots of opportunities for the positive thinkers and workers in the US of A and we speak the same language….

and have I forgotten, we even have the largest Turkey hatching, raising and Turkey bacon processing businesses in Australia located in St Arnaud in Victoria.

Mining History

With the discovery of alluvial gold at St Arnaud in 1855 the quartz reef outcropping source was quickly located. By 1860, 47 hard rock mines were in operation. Most of these initially closed at 60-90m in depth, due to either problems with handling the ground water or that sulphide-rich ores were encountered which could not be treated with the simple gravity technology used at that time.

As these mines, which were located on small leases, were closed in the late 1850’s and early 1860’s the leases were quickly consolidated into larger groups and reopened under new management when sufficient capital was raised to purchase the pumping equipment to support these larger claims. These new entities then produced until the sulphide content of the ores caused either closure or further amalgamation. Specialised sulphide treatment plants were established later and sulphide concentrates yielded up to 50g/t Au.

Several lines of reefs were worked and were known as the West Field, Bristol, New Chum, Nelson and East Field lines. The West and East Fields were of minor importance. The Bristol line was 1.5km in length and was worked to a maximum depth of between 90 and 240m in five mines. This line had the richest alluvials associated with it and the upper part of the Bristol mine produced at a similar grade and tonnage to the Lord Nelson mine further east.

The New Chum line was followed over a strike length of 750m and worked to a maximum depth of 240m in three mines. This line had four parallel reefs. The mines were reportedly closed due to the difficulty in treating sulphide ores.

The Nelson line produced the most gold and was worked over a strike length of 3.2km and to a maximum depth of 685m in the Lord Nelson Mine. In total, 21 mines were in production on the line. Individual reefs were worked over widths of between 0.75m to 7.3m. The Lord Nelson was the only mine to produce from sulphides ores below a depth of 120m. This mine produced from up to 10 parallel reefs over a period stretching from 1856 to 1916. This production came from a 240m strike length of reefs within one mining lease.

DID SALVOS SEND US DANGEROUS CRIMINALS FOR CHRISTMAS?

DID SALVOS SEND US DANGEROUS CRIMINALS FOR CHRISTMAS?

Not a week ago the Salvos from Sunshine give us a call to house a couple who they say could not live with relatives...as usual they were behaved and 'presented well' is the term...I call it high level deception. The Salvos assure us they ok just need a good place to live.

Christmas Eve at about 4pm, police called to a serious domestic and woman taken away from Rooming House ..... Bf had blood on his hands due to punching a brick wall it seems and very very agitated and we warned him of eviction possibility if he disturbed our other residents.

Woman released by police and threatens to come back with armed broady boys to collect her things. Police alerted again back at 11pm and it is alleged someone gets knocked out by a neighbour and the bf is arrested by police and released again only to returns at 4.45am to take revenge for eviction by kicking the managers door.... girls crying..... guys very upset its 6.30am police take him away and it might have been Xmas for the staff of the Salvos but two of their people turned a peaceful household into a Xmas Hell because we are being used by salvos to house their criminals they want to get rid out of their refuges. 

True story based on preliminary information....maybe updated later

SOME HOMELESS PEOPLE LIVE LIKE PIGS

We had an applicant call us last week claiming she was being harrassed at a western melbourne caravan park where she had been living for awhile she advised. She wanted to move to live in a nicer environment as the other place had outside toilets and showers etc the old story. We have inside facilities and gas central heating etc with all conveniences and our residents were well behaved and house trained so the transision should not be difficult with the Public Trustees STC State Trustees approving her move.

All seemed to have gone well until we needed to organise a room inspection as the local Council were to inspect premises as part of their annual check of our Registered Rooming House etc, when the others noticed a terrible smell coming out of her room which on checking it was found that this lady aged about 40 was using the mattress as a toilet and the mattress had soaked up both urine and faeces and the smell wafting into her neighbours rooms was extremely disgusting in the extreme. This woman though nothing of it after we told her she had to clean the mess up which she refused to do so resulting in us having the evict her on HEALTH & SAFETY grounds as we are not qualified nor registered to offer nursing home services. The State Trustees had obviously not done its duty to inform us of the extent of her health/mental problems or did not know to take the neccessary steps to put her into an appropriate facility.

The results are plain to any reader of the risks we take when we offer to assist people with accommodation...a matteress lost and at a cost for its disposal, a carpet to clean and a horrific smell to eradicate from our buildings asap for the confort of our other residents and of course to explain to the local health department.

SWINBURNES MONUMENTAL ERROR

SWINBURNE HAS MADE A HUGE ERROR OF JUDGEMENT in my opinion by reducing the expenditure in the services sector at LILYDALE where the electronic media cannot work to train people with hands-on skills.

They are only thinking inside their own survival mode and not the reality that less buildings will be needed in Hawthorn in the future when the theory and mathematics subjects will be able to be taught via webnars in online learning classes which is already happening now and even Melbourne Uni has embraced that medium joining many overseas organisations.

If Swinburne management were really planning for the future...they have got it totally wrong. The State Government has seen the future and cut funding accordingly, but Swinburne have chosen to keep the empire growing in Hawthorn when in reality less resources will be needed at that location and only time will prove the government and me right.

CONTINGENT LIABILITIES OF YARRA RANGES PROPERTY OWNERS

Imagine another another financial meltdown and all the Local Govt Super funds are lost. My question is how much will our ratepayers be up for AGAIN to cover the total loss? Does anyone know?

Dont dismiss this possibility as this scenario is very likely in the current economic climate. In such event locals will ALSO need to chip in extra for the State Govt Super Fund AGAIN and how much extra tax will have to be raised to replace those funds.

Both Super Funds have lost substantial $billions on several occassions and ratepayers and taxpayers have had to chip in to replace those losses... its just that people forget history. I don't forget because i was involved in institutional investment in the money markets when under the Whitlam Govt interest rates rose to banks paying up to 26%pa for 4 years and as a consequence reduced the face value of bonds and other assets substantially..

The Govt Super funds were set up by acturial 'experts' giving assurances that using 'professional' investment managers the super funds would earn enough to be self funding...however the reality has been the opposite on several occassions.

This is why I am totally against the concept of superannuation being worth anything of true value for this country except for those feeding off it.

Even the Industry Super Funds are attempting to gain an advantage by meddling in the partial involvement of the Australian economic management which is the role of the Reserve Bank and the Federal Government. IMO this philosophy will fail to do justice for their members security over the life of the funds no matter how clever they think they are or how good their advertising implies the reverse.

But as far as Local, State and Federal Superfunds are concerned .... most ratepayers and taxpayers would be staggered as to the contingent liabiility overhanging ALL taxpayers which are not quantified because the liability numbers have been transfered to be only relevent to the Super Fund bodies, yet are very relevent as we taxpayers are ultimately responsible. So I ask the question AGAIN?

HOW MUCH would our ratepayers need to raise AGAIN, if ALL the Super Funds were lost by the next economic meltdown, which would also substantially reduce the ability of most ratepayers to find the money to pay.

So if the Landowners and new Candidates can understand that set of numbers, then they might realise how super protected and expensive each extra hour of each government employed person is as a local government employee and why how important it is to economise and reduce staffing levels and or convert as many full time employees to contract staff.

I challenge anyone to prove me wrong?

Also published in COLDSTREAM 3770 blog this morning.

RBA PRESS RELEASE

Media Release

Number	2012-30
Date	2 October 2012
Embargo	For Immediate Release

Statement by Glenn Stevens, Governor: Monetary Policy Decision

At its meeting today, the Board decided to lower the cash rate by 25 basis points to 3.25 per cent, effective 3 October 2012.
The outlook for growth in the world economy has softened over recent months, with estimates for global GDP being edged down, and risks to the outlook still seen to be on the downside. Economic activity in Europe is contracting, while growth in the United States remains modest. Growth in China has also slowed, and uncertainty about near-term prospects is greater than it was some months ago. Around Asia generally, growth is being dampened by the more moderate Chinese expansion and the weakness in Europe.
Key commodity prices for Australia remain significantly lower than earlier in the year, even though some have regained some ground in recent weeks. The terms of trade have declined by over 10 per cent since the peak last year and will probably decline further, though they are likely to remain historically high.
Financial markets have responded positively over the past few months to signs of progress in addressing Europe's financial problems, but expectations for further progress remain high. Low appetite for risk has seen long-term interest rates faced by highly rated sovereigns, including Australia, remain at exceptionally low levels. Nonetheless, capital markets remain open to corporations and well-rated banks, and Australian banks have had no difficulty accessing funding, including on an unsecured basis. Share markets have generally risen over recent months.
In Australia, most indicators available for this meeting suggest that growth has been running close to trend, led by very large increases in capital spending in the resources sector. Consumption growth was quite firm in the first half of 2012, though some of that strength was temporary. Investment in dwellings has remained subdued, though there have been some tentative signs of improvement, while non-residential building investment has also remained weak. Looking ahead, the peak in resource investment is likely to occur next year, and may be at a lower level than earlier expected. As this peak approaches it will be important that the forecast strengthening in some other components of demand starts to occur.
Labour market data have shown moderate employment growth and the rate of unemployment has thus far remained low. The Bank's assessment, though, is that the labour market has generally softened somewhat in recent months. 
Inflation has been low, with underlying measures near 2 per cent over the year to June, and headline CPI inflation lower than that. The introduction of the carbon price is affecting consumer prices in the current quarter, and this will continue over the next couple of quarters. Moderate labour market conditions should work to contain pressure on labour costs in sectors other than those directly affected by the current strength in resources. This and some continuing improvement in productivity performance will be needed to keep inflation low as the effects of the earlier exchange rate appreciation wane. The Bank's assessment remains, at this point, that inflation will be consistent with the target over the next one to two years.

Interest rates for borrowers have for some months been a little below their medium-term averages. There are tentative signs of this starting to have some of the expected effects, though the impact of monetary policy changes takes some time to work through the economy. However, credit growth has softened of late and the exchange rate has remained higher than might have been expected, given the observed decline in export prices and the weaker global outlook.

At today's meeting, the Board judged that, on the back of international developments, the growth outlook for next year looked a little weaker, while inflation was expected to be consistent with the target. The Board therefore decided that it was appropriate for the stance of monetary policy to be a little more accommodative.

COUNCIL TAX COLLECTORS

The meaning and intention of the OPEN SPACE CONTRIBUTION appears to being misused and treated like just another tax for general revenue by Councils and Shires and thus if the ACT is not being used according to the intended law then the term should changed to reflect the true TAXING nature as indeed it has become a SHARE OF DEVELOPERS PROFITS TAX which some Councils like the Greater Dandenong Council are requiring that developers pay the several $million 'CONTRIBUTIONS TAX' prior to gaining subdivision approvals to offer OFF THE PLAN pre-sales to the public and prior to getting funding from bankers who always require pre-sales evidence before lending them the development money to proceed with providing more housing in that region. These types of demands are resulting in no deals going through part application stage as developers would need $millions more in equity to proceed with the projects. The alternative be that Councils be required to use that OPEN SPACE CONTRIBUTIONS money for its proper intended use and to buy land for Parks & or Recreation use in the outer fringes of Melbourne or Victoria in lieu of the lack of such land availability in the inner suburban areas, rather than it going into consolidated revenue.

Councils are already buying land outside their boundaries for rubbish disposal Land Fill sites and Councils like the CITY OF MELBOURNE should be required to use those PUBLIC OPEN SPACE CONTRIBUTION collections for purchase of their own PRIVATE OPEN SPACE for use by their ratepayers outside their council boundaries.

This would increase the demand for GWZ land which is currently the cheapest land available today, it sometimes being next door to smaller parcels of land up to 40 times more valuable per square foot and the proposal a more equitable means of getting a protected "Green Wedge" Open Space supply of land instead of expecting private landlords to pay for the original Greenie plan by Liberal Party Premier - Rupert Hamer. It was Sir Rupert Hamer who came up with this socialistic plan to let the private owners pay for the Greens Lungs of Melbourne idealism which is silly considering that the whole of Victoria and Australia have more than enough government Crown Lands & designated National Parks and extesive millions of acres of green grazing farmlands providing fresh air for the major cities for the Lungs of Melbourne ideal.

The true financial stakeholders are the landowners and their bankers who are never consulted or been considered for invitation by letter for discussion; whereas the Green pauper and public housing groups seem to get all the attention as claiming to be stakeholders deserving influence in other peoples private property rights and in so doing debasing the asset cover held by the banks and putting the borrowing landowners at grave risk..which the Planning Ministers and their Department staff never consider in their deliberations.

If Victoria is to be run like a Socialist State by the Liberals then I wish they would just be honest about it, so we can decide whether to fight them from the trenches or to move to WA or QLD perhaps. Its been a 40 years punishment for GWZ landowners whereas murderers get substantially less these days.