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Forget the freakin' iPhone, this is sheer brilliance.

The anti-theft lunch bag.

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grizzlym said:
Forget the freakin' iPhone, this is sheer brilliance.

The anti-theft lunch bag.

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Did u get this of the website 'This is why i'm broke'?
 

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grizzlym said:
I did. How's the bamboo keyboard?
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The perfect item for that site. A waste of perfectly good bamboo, but a nice accessory if you want to throw away some money.

Some of the stuff on there isn't all a waste of money. The Whiskey Ice Cube Stones are not a bad idea if you like ice with your drinks. The toilet seat pedal is also ideal if you got an anal retentive mrs when it comes to the toilet seat being up/down.
 
I'm waiting on a batch at the moment. Just finished reading 'The Hare with Amber Eyes'. Cracking book.
 
grizzlym said:
I'm waiting on a batch at the moment. Just finished reading 'The Hare with Amber Eyes'. Cracking book.
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Fantastic. Interesting how they were all sent individually. I thought they'd bulk ship to save postage costs. It's a surprise how they make much dough really. I guess the volume of books sold makes up for it.

http://booko.com.au/ was handy to save time comparing prices.
 
I believe Amazon has now bought a stake in them.
 
Yep, I read that when you first made me aware of the company. However, it doesn't appear as if Amazon has had too much influence on it, though, when you consider how prices are often quite different and it still runs as a separate entity if you like.
 
Was in a meeting today. One of our people says to one of their people, kind off middle-aged dude, 'excuse me mate, your fly's undone'

The guy looks at him and says imperiously, "dead men don't fall out of windows".

It was very funny.
 
grizzlym said:
Was in a meeting today. One of our people says to one of their people, kind off middle-aged dude, 'excuse me mate, your fly's undone'

The guy looks at him and says imperiously, "dead men don't fall out of windows".

It was very funny.
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Brilliant;)
 
Friend of mine just called me to say she had been laid off from one of the big four banks. Most people in the banking sector will be nervous in the coming months as they try to reign in costs. Hope no one here is effected.


I know many who have been made redundant at the big banks only to return to the same position some months later as a contractor with increased pay.



What an inconsiderate prick I am, as I told her I just booked a impromptu trip to Asia next week.....probably shouldn't have.
 

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go hawks!!! said:
Friend of mine just called me to say she had been laid off from one of the big four banks. Most people in the banking sector will be nervous in the coming months as they try to reign in costs. Hope no one here is effected.


I know many who have been made redundant at the big banks only to return to the same position some months later as a contractor with increased pay.



What an inconsiderate prick I am, as I told her I just booked a impromptu trip to Asia next week.....probably shouldn't have.
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Atleast we agree on something
 
go hawks!!! said:
Friend of mine just called me to say she had been laid off from one of the big four banks. Most people in the banking sector will be nervous in the coming months as they try to reign in costs. Hope no one here is effected.


I know many who have been made redundant at the big banks only to return to the same position some months later as a contractor with increased pay.



What an inconsiderate prick I am, as I told her I just booked a impromptu trip to Asia next week.....probably shouldn't have.
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But, what I don't understand is that from a top-level view (admittedly layman's too) the banks have never been more profitable than now.
 
grizzlym said:
But, what I don't understand is that from a top-level view (admittedly layman's too) the banks have never been more profitable than now.
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Grizz, don't get me started.:cool:

I have seen the way investment banks work as well as the top 4 in Australia.

I came back to Australia in 2008, when the GFC hit and the RBA interest rates were decreasing. At which time, the banks continually did not pass on the full rate cut from the RBA and to this date there still remains quite a gap – which consists of a variable rate and the amount that has not been passed on.

The thing that angers a knowledgable lender is that the banks said that they did not pass on the full rate cut as the cost of lending had increased. I was looking at these, and on many occasions, it was clear that over the period since the last rate movement, there was a decrease in funding costs. I won’t go into how this works but involves, the interbank lending rate and these rates are public. Unfortunately we had a government of ********s and shit lobbyists not sticking up for the consumer. At which time, us lenders were stuck with these banks and could not move without a hefty charge (now it is easier to move to the smaller banks which I recommend).

So why are they making record profits? Well many reasons, the revenue drivers of a bank have changed significantly since the GFC, and traditional sources of revenue just don’t cut it. So the focus has been to cut costs by sending jobs to Bangalore, cut costs and find new revenue streams. When a bank is increasing their profit by 20% or plus a year, why isn’t anyone pressuring the bastards to pass these interest rate cuts that they have in their pocket back to us? How is it that the ACCC is not investigating how 2 banks move interest rates up on the same day?

The lack of competition is also created by the government by the ‘four pillar’ policy.

My advice is to check out the smaller banks who may have a cheaper rate, make sure they are Australian though and subject to Govt guarantee.
 
Problem with the banks is that they made $20 Billion profit last year, so that's the new zero figure for this year.

They would see it as a failure if profit was ONLY $18 Billion.

Swan should threaten to withdraw any banks Govt Guarantee, if rate cuts are not passed on in full.
 
As socilaist as this sounds, they need something like the old State Bank, government run, that introduces true competition for homebuyers. Without massive profit margins, they could market some very enticing products.
 

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ING Bank. Basic variable loan - 6.62%

And I never pay that $2 ATM fee or any other fee for that matter. We've saved $600 a year just switching our day to day banking.

I studied with a guy who managed a JB HiFi; his brother worked for ANZ a few years back when 13 of the 14 people in his section were laid off. He remained and was tasked to train his replacements in Bangalore. Once they were trained, he was made redundant too.

The employment equivalent of building your own scaffolding.
 
Bamboo scaffolding at that.

Yep, I'm with ING too. Homeloans are terrific. You seen their fixed rates at the moment?
 
grizzlym said:
Bamboo scaffolding at that.

Yep, I'm with ING too. Homeloans are terrific. You seen their fixed rates at the moment?
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5.99% for three years fixed.

I don't touch fixed loans. The skin grafts from the burns I suffered last time haven't taken yet.
 
Heard Mark Bouris making some interesting comments about competition in the banking sector on my way home. Basically said that until the gov has the balls to guarantee a bank based on its assets class (ie. the risk associated with its loan book) rather than its corporate class, then the big four will have no effective competition to force them to be more aggressive on lending rates.
 
Check out the unfortunate typo in the headline. The one about language.

Screenshot2012-02-15at91748AM.png
 

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