Show Notes

- Recorded Wed Nov 5th

1 million people watching him at midnite!
Yes We Can

Housing demand in a nosedive

Darn we didn’t get to mention this!

About 50 out of 100 houses sold at auction in Melbourne on the traditionally slow Cup weekend, while in Sydney the auction clearance rate crept up slightly from last weekend’s 12-month low to 43%.

According to Australian Property Monitors, Adelaide fared even worse, with only 35% of homes finding a buyer, while Brisbane recorded an abysmal 27% sales rate.

That could be good news for first home buyers - vendors desperate for a sale before Christmas could lower their prices.

But still they try this…!

Australand Victorian residential division head Robert Pradolin had also noticed an increase in inquiries in the past fortnight. He said the issue now was to make sure enough zoned land wads available when inquiries were converted into sales.

We blogged on this issue yesterday

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photo credit: jorel314

Ben Schneiders hit out at the IPA/ Costello push for land supply forever in this cunning article:

IT WAS one of …

photo credit: daviddesign

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Show Notes

Recorded on Wed 29th October

There’s only so much news 1 can watch, the murders, the deceit, the pillaging, the profits…before 1 is compelled to ask why?

Have a laugh

Lex Wotton - International Day Of Action November 7th
Stand in Solidarity an show your disgust about the continuing racist treatment of Lex and Aboriginal Peoples in Australia. Also, there is a protest rally on this Saturday starting at the Melbourne GPO.

Last Friday an all white jury found Lex Wotton, an Aboriginal man from Palm Island, guilty of ‘rioting with destruction’ for his involvement in the 2004 Palm Island uprising. On November 26th 2004 the people of Palm Island set fire to the local police station, court house and police barracks after a pathologist’s report claimed that the death of Mulrunji Doomadgee, a 36 year old local, in police custody a week earlier was an ‘accident’. Mulrunji died in a police cell, one hour after he had been arrested for being drunk. He suffered massive internal injuries, including a ruptured spleen, four broken ribs and a
‘liver that had been ‘almost cleaved in two’ from a huge compressive force.’

The officer who arrested him, Senior Sergeant Chris Hurley, claimed that Mulrunji had fallen on stairs. A coroner’s inquest found that Senior Sergeant Chris Hurley was responsible for Mulrunji’s death, as the injuries were consistent with a beating. However, a court found Hurley not guilty for manslaughter. He has since been promoted and is an Inspector on the Gold Coast.

In comparison Lex Wotton is now facing a life sentence in prison. He is being held in prison until his next court appearance ( for sentencing) in the Townsville District Court on November 7.

Credit Focus Masks Deeper Issue

FURNITURE and electrical retailer Harvey Norman says trading conditions were still tight three weeks after the Reserve bank delivered a surprise 1 per cent cut to official interest rates.

The company said yesterday that written sales at its Australian franchise stores fell 3.6 per cent over the four weeks ended October 26 compared to the same period a year earlier.

West Bank land prices skyrocket

The price of property in the West Bank has surged beyond the reach of most Palestinians, the World Bank has said.

photo credit: TheeErin

Some A$2 trillion has been pumped into banks globally. Last night saw a record amount of commercial paper sold in …