centrelink need to wait 2 years right ? so i guess best is now to look for part time job while applying for full time jobs then

http://www.news.com.au/finance/economy/rba...9-1227153379672

Glenn Stevens with a warning.

Don't think you can lead a comfortable life with the dole payments. U might not even be able to cover the rent with the amount they give u....

This post has been edited by shazam7: Dec 17 2014, 01:18 PM

That's the secret. Don't rent, have your own place

I think it cuts both ways. Having your own house but if looses job, will there be any other help tp upkeep the installments ? Thanks.

Yes? Unemployment loan protection insurance?

Thanks. How does one qualify for it ? Is it akin to buying a general insurance ?

Yes, similar. But expect to pay hundreds of $ in premiums per month. And I think it only covers up to 6 months.

Yes, Centrelink is not stupid. U have to pass an "Assets test" as well. If u are renting and dont own a house, u can get rental assistance on top of dole.

cant wait for recession and all prop goes bust.

man, they should consider removing the negative gearing thingy.

Bro, what's the real cause of the economy down turn in the Australia soil ? Please share. Thanks.

Thanks Bro.

Mining matured, Oil Gas down turn price and yeah, not much business creation taking shape.

govt hoarding lots cash for "dole" while individuals. investors on overpriced property

http://www.theaustralian.com.au/news/lates...23c02fbc8a9ceb6

This post has been edited by KVReninem: Dec 18 2014, 02:12 PM

Thanks Bro.

HI LYT friends,

Any one can advice me . where or how to apply job work in oversea . really appreciate or any of your friend doing any man supplier to other countries . i don't one apply which is scam or illegal immigrant

They'll give you a quote depending on risk profile when you request it.

Only 145 for a property worth 800k-ish with the appropriate risk factor.

Plus 6 months paid while one collects rent isn't that bad. If your living costs are low, you can actually accelerate your repayment.

So lesson is, take out insurance.


Only assets held directly under your name or which they can prove you have a direct and controlling interest in.

Trust accounts?


It wont go bust, most analysts expect that property prices will plateau for the next decade if it were to slow down. In that case investors will just look for rental gains.

what if both nono

is it easy to find work there?
for children education sake.
what jobs available just to enough to take a mortgage to own a small home and put food on the table?

Can't say easy to find work.. should be only easier if physically there.

I'd like to know how to TT our money from msia to aus? Western Union is so expensive. I read a website that suggested PayPal. but I'm unsure how to transfer within the same account.

just use TT from the bank if the amount is big?

or bank draft?