Why aren't our Super Funds buying up the farm????? (10)
Because its not in the interest of our government to actually do anything for australians or australia ..
rivame: Because its not in the interest of our government to actually do anything for australians or australia ..
What the Super Funds do with our money is nothing to do with the govt.
daggyone: What the Super Funds do with our money is nothing to do with the govt.
who made it law that we pay super?
rivame: who made it law that we pay super?
I'm glad the Govt. made it law as we wouldn't be the 4th highest savings nation if we weren't paying compulsory super.I think you should invest invest in supermarkets for retirement funds.Believe like nz you have trde concessions with big countries to protect trde interests but to detriment of your mineral and agriculturally rich country.
benidorm: I think you should invest invest in supermarkets for retirement funds.Believe like nz you have trde concessions with big countries to protect trde interests but to detriment of your mineral and agriculturally rich country.
We have every other country buying up square kilometre tracts of land dirt cheap when our own superanuation funds cand see the dirt below their own feat is a gold mine waiting to be developed instead choosing international shares and bonds.It is shame DAGs.I understand that if you have no equity and facefinancial adversity and you have little resourses you can not borrow.Is the situation here.I apologise for been bit thick am havind rubbish evening and not best day overall.
benidorm: It is shame DAGs.I understand that if you have no equity and facefinancial adversity and you have little resourses you can not borrow.Is the situation here.I apologise for been bit thick am havind rubbish evening and not best day overall.
And you found yourself here in our company. Well the things that obscure our judgements sometimes cloud our vision with what is before our very eyes.I'm not affraid of international investment, I just wish some of our super funds were used to invest in our resource, land rich country, maybe that way they wouldn't have got slugged as hard as they did during the GFC?
Dags valid point I am happy foreign investment.Selling key infrastructure is hard to fathom.When you have evrything the world seeks as investment.I recently heard key economists recommending investing in agriculture,burma,north korea and russia.Quoting that north korea will jin with the south and that he reckons there will be good changes in Myanmar aka burma.Some more dribble from me.
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Created: Jul 2012
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We have the 4th highest saving rate in the world because of our Superanuation funds, but still we see o/seas buying up the farms in this country.
Why can't we buy them using our Super funds?
The volitility of world markets have do be why our funds fall so savagely, maybe if they start investing a fraction of those $$$ in buying land and employing people to run the farms, they will have the capital gains in the land value and the income from the farmed produce.