Australian Politics Forum - Our economy is stuffed

adelcrow Gold Member Offline Australian Politics Posts: 20133 everywhere Gender:	Our economy is stuffed Jan 4^th, 2013 at 6:32pm Thats why Australians are buying new cars in record numbers http://au.finance.yahoo.com/news/aussies-buy-record-number-cars-041343740.html
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KJT1981 Gold Member Offline Australian Politics Posts: 1822	Re: Our economy is stuffed Reply #1 - Jan 4^th, 2013 at 7:07pm adelcrow wrote on Jan 4^th, 2013 at 6:32pm: Thats why Australians are buying new cars in record numbers Lets see why. High Aussie dollar. Low interest on new cars, 2.9%. No deposit and interest free for five years. Free rego and third party. Free fuel for a year. First year free service. Yep that could be why.
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adelcrow

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Re: Our economy is stuffed
Reply #2 - Jan 4^th, 2013 at 7:31pm

KJT1981 wrote on Jan 4^th, 2013 at 7:07pm:

adelcrow wrote on Jan 4^th, 2013 at 6:32pm:

Thats why Australians are buying new cars in record numbers Cheesy

Lets see why.

High Aussie dollar.

Low interest on new cars, 2.9%.

No deposit and interest free for five years.

Free rego and third party.

Free fuel for a year.

First year free service.

Yep that could be why.

Wow..way better deals than under any Liberal govt..see what happens Howards record household debt levels disappear and people have their own savings to spend on new cars

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John Smith

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Re: Our economy is stuffed
Reply #3 - Jan 4^th, 2013 at 7:35pm

KJT1981 wrote on Jan 4^th, 2013 at 7:07pm:

adelcrow wrote on Jan 4^th, 2013 at 6:32pm:

Thats why Australians are buying new cars in record numbers Cheesy

Lets see why.

High Aussie dollar.

Low interest on new cars, 2.9%.

No deposit and interest free for five years.

Free rego and third party.

Free fuel for a year.

First year free service.

Yep that could be why.

still doesn't account for predictions that the economy is stuffed ... even with all those 'positive' points, peole wouldn't buy if they didn't have the money or were concerned with making repayments.

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Our esteemed leader:
I hope that bitch who was running their brothels for them gets raped with a cactus.

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KJT1981

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Re: Our economy is stuffed
Reply #4 - Jan 4^th, 2013 at 8:18pm

John Smith wrote on Jan 4^th, 2013 at 7:35pm:

KJT1981 wrote on Jan 4^th, 2013 at 7:07pm:

adelcrow wrote on Jan 4^th, 2013 at 6:32pm:

Thats why Australians are buying new cars in record numbers Cheesy

Lets see why.

High Aussie dollar.

Low interest on new cars, 2.9%.

No deposit and interest free for five years.

Free rego and third party.

Free fuel for a year.

First year free service.

Yep that could be why.

still doesn't account for predictions that the economy is stuffed ... even with all those 'positive' points, peole wouldn't buy if they didn't have the money or were concerned with making repayments.

Do the math Johhn.

Borrow $30,000 for a car, interest at 10 or 12 percent fixed over five years is a minimum of $15,000. Throw in no deposit free rego and third party and that is a huge saving.

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KJT1981

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Re: Our economy is stuffed
Reply #5 - Jan 4^th, 2013 at 8:19pm

adelcrow wrote on Jan 4^th, 2013 at 7:31pm:

KJT1981 wrote on Jan 4^th, 2013 at 7:07pm:

adelcrow wrote on Jan 4^th, 2013 at 6:32pm:

Thats why Australians are buying new cars in record numbers Cheesy

Lets see why.

High Aussie dollar.

Low interest on new cars, 2.9%.

No deposit and interest free for five years.

Free rego and third party.

Free fuel for a year.

First year free service.

Yep that could be why.

Wow..way better deals than under any Liberal govt..see what happens Howards record household debt levels disappear and people have their own savings to spend on new cars

https://www.moneysmart.gov.au/borrowing-and-credit/credit-cards/credit-card-debt...

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perceptions_now

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Re: Our economy is stuffed
Reply #6 - Jan 4^th, 2013 at 8:42pm

KJT1981 wrote on Jan 4^th, 2013 at 7:07pm:

adelcrow wrote on Jan 4^th, 2013 at 6:32pm:

Thats why Australians are buying new cars in record numbers Cheesy

Lets see why.

High Aussie dollar.

Low interest on new cars, 2.9%.

No deposit and interest free for five years.

Free rego and third party.

Free fuel for a year.

First year free service.

Yep that could be why.

Nah, surely not?

According to the industry spokesman -
FCAI chief executive Tony Weber says the result was an all-time high for the new car market.

"Australia avoided much of the global financial crisis aftermath and with production resuming in Thailand and Japan, the automotive industry was able to respond to the enthusiasm of the car buying public," Mr Weber told reporters in Sydney.

"The record 2012 is a combination of these factors."

He rejected suggestions the figure was a "false number" inflated by incentives and bonuses at dealerships.

"The number that we have here is a very valid number," he said.

Surely, he wouldn't tell porkies?

That said, when we got our new car in August, the dealerships sure did tick a lot of boxes!

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John Smith

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Re: Our economy is stuffed
Reply #7 - Jan 4^th, 2013 at 9:04pm

KJT1981 wrote on Jan 4^th, 2013 at 8:18pm:

John Smith wrote on Jan 4^th, 2013 at 7:35pm:

KJT1981 wrote on Jan 4^th, 2013 at 7:07pm:

adelcrow wrote on Jan 4^th, 2013 at 6:32pm:

Thats why Australians are buying new cars in record numbers Cheesy

Lets see why.

High Aussie dollar.

Low interest on new cars, 2.9%.

No deposit and interest free for five years.

Free rego and third party.

Free fuel for a year.

First year free service.

Yep that could be why.

still doesn't account for predictions that the economy is stuffed ... even with all those 'positive' points, peole wouldn't buy if they didn't have the money or were concerned with making repayments.

Do the math Johhn.

Borrow $30,000 for a car, interest at 10 or 12 percent fixed over five years is a minimum of $15,000. Throw in no deposit free rego and third party and that is a huge saving.

you do the maths .... you still need $30 000 .... I certainly wouldn't indebt myself of $30 g if I was concerned I would be unable to pay it back ....

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Our esteemed leader:
I hope that bitch who was running their brothels for them gets raped with a cactus.

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corporate_whitey Gold Member Offline Australian Politics Posts: 8896 Archivist	Re: Our economy is stuffed Reply #8 - Jan 5^th, 2013 at 12:58am Three decades of right wingers victimizing the poor...
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Andrei.Hicks Gold Member Offline Australian Politics Posts: 23818 Carlsbad, CA Gender:	Re: Our economy is stuffed Reply #9 - Jan 5^th, 2013 at 3:04am If you think the economy is in good shape adel then you are either ignorant or lying to yourself. It's not. People are doing it tough out there and some of you should have a bit of respect for that.
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Sir Spot of Borg

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Re: Our economy is stuffed
Reply #10 - Jan 5^th, 2013 at 4:27am

Andrei.Hicks wrote on Jan 5^th, 2013 at 3:04am:

If you think the economy is in good shape adel then you are either ignorant or lying to yourself.

It's not. People are doing it tough out there and some of you should have a bit of respect for that.

Aww you mean the ppl earning 180k didnt get as much money from the govt for the 2nd child?

SOB

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Whaaaaaah!
I'm a
Moron!

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adelcrow

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Re: Our economy is stuffed
Reply #11 - Jan 5^th, 2013 at 6:33am

Andrei.Hicks wrote on Jan 5^th, 2013 at 3:04am:

If you think the economy is in good shape adel then you are either ignorant or lying to yourself.

It's not. People are doing it tough out there and some of you should have a bit of respect for that.

By any measure Australia is still going gang busters...the economy may not be over heating as it was in Howards last term in power but in the long run sustainable growth is way better than run away house prices, record household debt and a govt propping up surpluses by record taxation and slashing public heath, education and infrastructure spending...All of which created a massive burden on households, local councils and state govts.

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Go the Bunnies

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cods Gold Member Offline Australian Politics Posts: 88048	Re: Our economy is stuffed Reply #12 - Jan 5^th, 2013 at 6:34am why are car companies going broke then??????.. if we are buying foreign cars.. who economy are we helping?????? but it makes sense to some!
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adelcrow Gold Member Offline Australian Politics Posts: 20133 everywhere Gender:	Re: Our economy is stuffed Reply #13 - Jan 5^th, 2013 at 6:36am cods wrote on Jan 5^th, 2013 at 6:34am: why are car companies going broke then??????.. if we are buying foreign cars.. who economy are we helping?????? but it makes sense to some! There are no Australian owned car companies..we are either propping up the USA, Asian or European economies when it comes to buying cars.
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Andrei.Hicks

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Re: Our economy is stuffed
Reply #14 - Jan 5^th, 2013 at 6:38am

adelcrow wrote on Jan 5^th, 2013 at 6:33am:

Andrei.Hicks wrote on Jan 5^th, 2013 at 3:04am:

If you think the economy is in good shape adel then you are either ignorant or lying to yourself.

It's not. People are doing it tough out there and some of you should have a bit of respect for that.

By any measure Australia is still going gang busters...the economy may not be over heating as it was in Howards last term in power but in the long run sustainable growth is way better than run away house prices, record household debt and a govt propping up surpluses by record taxation and slashing public heath, education and infrastructure spending...All of which created a massive burden on households, local councils and state govts.

A managing director of a construction company in Melbourne tells me a very different story.
He said several guys are going to the wall every week, the mining boom masks a serious issue across Australian industry and many projects are being funded now by cheap supply from China.

I think you'll find the economic reality out there behind your headlines is quite worrying.

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Anyone who lives within their means suffers from a lack of imagination - Oscar Wilde

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