Bonds on Issue in Australia

Discussion in 'Markets & Economies' started by millededge, Feb 12, 2017.

  1. millededge

    millededge Active Member

    Joined:
    Sep 4, 2010
    Messages:
    2,386
    Likes Received:
    21
    Trophy Points:
    38
    Location:
    camp x-ray, spelling division
  2. millededge

    millededge Active Member

    Joined:
    Sep 4, 2010
    Messages:
    2,386
    Likes Received:
    21
    Trophy Points:
    38
    Location:
    camp x-ray, spelling division
    Chart pack was released 08.02.17
     
  3. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

    Joined:
    Nov 15, 2010
    Messages:
    18,613
    Likes Received:
    4,398
    Trophy Points:
    113
    Borrowing our way into oblivion?
     
  4. leo25

    leo25 Well-Known Member Silver Stacker

    Joined:
    Jun 8, 2010
    Messages:
    3,585
    Likes Received:
    1,939
    Trophy Points:
    113
    Hey guys i was able to get the updated chart from the future.


    [​IMG]
     
  5. Ipv6Ready

    Ipv6Ready Well-Known Member Silver Stacker

    Joined:
    Jan 8, 2016
    Messages:
    4,171
    Likes Received:
    1,143
    Trophy Points:
    113
    Location:
    North Sydney
    Yup building too many hospitals, schools and roads, plus too much farm subsidies and we should follow Trump and get rid of Medicare.

    Don't want to pay for schooling well don't educate the kids
    Don't want to spend too much on Medicare, well stop treatment for those who can't afford it.
    All roads should be privatised with tolls
    No more Handouts to farmers
    Stop buying 100billion worth of fighters and warships

    I don't agree with most of what I've written here :) but even if we take a lot of pork barreling out don't we still need to borrow?

    Plus what is the debt per capita?
     
  6. leo25

    leo25 Well-Known Member Silver Stacker

    Joined:
    Jun 8, 2010
    Messages:
    3,585
    Likes Received:
    1,939
    Trophy Points:
    113
    Also if government pays for schooling the kids still don't get educated :(

    Even government funded roads will be charged tolls in the future.
    Sydney's new M4 motor way will be charged tolls even though it is being paid for with the peoples money. So not really sure what NSW government is doing with all the money.
    All they seem to do these days is take bribes from property developers and say stupid things like "NSW needs to address property affordability, but we shouldn't remove negative gearing on pre established housing because that will make housing more affordable" :/
     
  7. leo25

    leo25 Well-Known Member Silver Stacker

    Joined:
    Jun 8, 2010
    Messages:
    3,585
    Likes Received:
    1,939
    Trophy Points:
    113
  8. milled

    milled Active Member

    Joined:
    Dec 4, 2018
    Messages:
    236
    Likes Received:
    116
    Trophy Points:
    43
  9. milled

    milled Active Member

    Joined:
    Dec 4, 2018
    Messages:
    236
    Likes Received:
    116
    Trophy Points:
    43
    non-government-bonds-on-issue-in-australia-small.gif
     

    Attached Files:

  10. milled

    milled Active Member

    Joined:
    Dec 4, 2018
    Messages:
    236
    Likes Received:
    116
    Trophy Points:
    43
  11. Oddjob

    Oddjob Well-Known Member Silver Stacker

    Joined:
    Aug 19, 2018
    Messages:
    3,749
    Likes Received:
    6,771
    Trophy Points:
    113
    Location:
    New Gulagland
    I remember the days when the Aust Fed Gov't and Telecom (gov't owned then) issued their own bonds to the public being Aussie Bonds and Telecom Bonds






    Yes, granted this was long along in a universe far away when interest rates were a tad higher than today, but if the gov't want to fund some specific expenditure please break free of the international banks and markets and start issuing bonds to the general public again. There's talk about super funds looking to invest in gov't infrastructure so why can't the average Aussie do the same. Anyone for "SloMo Bond" paying 2.00%...???
     
    willrocks likes this.
  12. willrocks

    willrocks Well-Known Member Silver Stacker

    Joined:
    May 10, 2012
    Messages:
    7,777
    Likes Received:
    7,199
    Trophy Points:
    113
    I was a bit young to understand what those ads were about.

     
  13. GoldenEye

    GoldenEye Well-Known Member Silver Stacker

    Joined:
    Dec 31, 2014
    Messages:
    2,083
    Likes Received:
    3,121
    Trophy Points:
    113
    Location:
    Melbourne, Australia
    In today's The Australian newspaper they're saying the Australian govt debt is equal to US$21,000 a person. So this is looking good compared to Italy's US$58,000 per person.
     
  14. willrocks

    willrocks Well-Known Member Silver Stacker

    Joined:
    May 10, 2012
    Messages:
    7,777
    Likes Received:
    7,199
    Trophy Points:
    113
    Australian private debt is the highest in the world.
     
    leo25 likes this.
  15. Silverling

    Silverling Well-Known Member Silver Stacker

    Joined:
    Aug 13, 2017
    Messages:
    1,586
    Likes Received:
    1,947
    Trophy Points:
    113
    Location:
    NSW
    In the first commercial they were paying 13.75% for them Aussie Bonds, unbelievable. Now pushing excrement up hill to get 2.8%. How things change.
     
  16. Oddjob

    Oddjob Well-Known Member Silver Stacker

    Joined:
    Aug 19, 2018
    Messages:
    3,749
    Likes Received:
    6,771
    Trophy Points:
    113
    Location:
    New Gulagland
    Back in the day in the late 80's / early 90's mortgage rates were 20+% and O/D rates 24%....and I got 14% on my chequer account...... and we all survived.
     
    Silverling likes this.

Share This Page