Yarraside Knowledge Bank

[Tesla]

lol what? So all Croats are Right Wing? Cos the Croatian Socialist Republic only lasted half a century...

I didn't say they don't exist. In fact it wouldn't surprise me if there are more left wing Croatians than right wing, same with pretty much all the Balkan countries, the important thing to remember is that being racist and patriotic is just part of being a balkanite and nothing to do with political persuasion

[MaliMate]

FWIW I remain largely apolitical despite being raised in a house with framed Gotovina posters and Thompson songs blaring. If I had a gun to my head I'd choose right based purely on the studies I have done/doing in my life which isn't a lot compared to others on here (Capitalist theory>Marx), really don't give two fucks about politics though and honestly will never grasp the details of it all.

Although I do believe East-West link protesters have every right to do what they're doing as would anyone who's ever visited the area being destroyed as it's a beautiful spot for weekend sport etc., probably one of the most scenic local sports grounds in Australia.

[Tesla]

FWIW I remain largely apolitical despite being raised in a house with framed Gotovina posters and Thompson songs blaring.

Don't think parents matter that much, both my parents are fairly left wing apart from being racist as fuck and patriotic, still didn't go down that route myself.

Edited March 7, 2014 by Tesla

[Deviant]

Each to their own

Edited March 7, 2014 by Deviant

[hedaik]

Although I do believe East-West link protesters have every right to do what they're doing as would anyone who's ever visited the area being destroyed as it's a beautiful spot for weekend sport etc., probably one of the most scenic local sports grounds in Australia.

 

Theres about 5 or 6 ovals in Royal Park, and it's probably the least desired one out of all of them that is being taken over. 

 

Its not as if the Melbourne Metro rail tunnel won't destroy anything either. 

[Tesla]

Although I do believe East-West link protesters have every right to do what they're doing as would anyone who's ever visited the area being destroyed as it's a beautiful spot for weekend sport etc., probably one of the most scenic local sports grounds in Australia.

 

Theres about 5 or 6 ovals in Royal Park, and it's probably the least desired one out of all of them that is being taken over. 

 

Its not as if the Melbourne Metro rail tunnel won't destroy anything either.

It's not as if the EW link protesters are even putting the Metro tunnel up as an alternative (which would be a very valid argument), instead the carry on with this Doncaster Rail Line fantasy.

[hedaik]

 

 

Although I do believe East-West link protesters have every right to do what they're doing as would anyone who's ever visited the area being destroyed as it's a beautiful spot for weekend sport etc., probably one of the most scenic local sports grounds in Australia.

 

Theres about 5 or 6 ovals in Royal Park, and it's probably the least desired one out of all of them that is being taken over. 

 

Its not as if the Melbourne Metro rail tunnel won't destroy anything either.

It's not as if the EW link protesters are even putting the Metro tunnel up as an alternative (which would be a very valid argument), instead the carry on with this Doncaster Rail Line fantasy.

 

 

Not as if Labor are promising anything either, something is better than nothing. 

[Petercrouch]

Although I do believe East-West link protesters have every right to do what they're doing as would anyone who's ever visited the area being destroyed as it's a beautiful spot for weekend sport etc., probably one of the most scenic local sports grounds in Australia.

Theres about 5 or 6 ovals in Royal Park, and it's probably the least desired one out of all of them that is being taken over.

Its not as if the Melbourne Metro rail tunnel won't destroy anything either.

It's not as if the EW link protesters are even putting the Metro tunnel up as an alternative (which would be a very valid argument), instead the carry on with this Doncaster Rail Line fantasy.

What is the obsession with that? Who the fuck wants to go Doncaster anyway?

[Braveheart]

 

 

 

Although I do believe East-West link protesters have every right to do what they're doing as would anyone who's ever visited the area being destroyed as it's a beautiful spot for weekend sport etc., probably one of the most scenic local sports grounds in Australia.

 

Theres about 5 or 6 ovals in Royal Park, and it's probably the least desired one out of all of them that is being taken over. 

 

Its not as if the Melbourne Metro rail tunnel won't destroy anything either.

It's not as if the EW link protesters are even putting the Metro tunnel up as an alternative (which would be a very valid argument), instead the carry on with this Doncaster Rail Line fantasy.

 

 

Not as if Labor are promising anything either, something is better than nothing. 

 

Complete load of shit. Read a newspaper before posting slanted mistruths.

http://www.viclabor.com.au/media-releases/victorian-labors-plan-for-10000-jobs-and-world-class-transport/

Edited March 7, 2014 by Braveheart

[hedaik]

 

 

 

 

Although I do believe East-West link protesters have every right to do what they're doing as would anyone who's ever visited the area being destroyed as it's a beautiful spot for weekend sport etc., probably one of the most scenic local sports grounds in Australia.

 

Theres about 5 or 6 ovals in Royal Park, and it's probably the least desired one out of all of them that is being taken over. 

 

Its not as if the Melbourne Metro rail tunnel won't destroy anything either.

It's not as if the EW link protesters are even putting the Metro tunnel up as an alternative (which would be a very valid argument), instead the carry on with this Doncaster Rail Line fantasy.

 

 

Not as if Labor are promising anything either, something is better than nothing. 

 

Complete load of shit. Read a newspaper before posting slanted mistruths.

http://www.viclabor.com.au/media-releases/victorian-labors-plan-for-10000-jobs-and-world-class-transport/

 

 

Labor have only promised to put 300 million towards planning and designing, they haven't actually promised to build the whole thing. They still need to find 8.7 billion from somewhere else, and Abbott has made it clear the federal government aint spending a cent on public transport. 

 

http://www.theage.com.au/victoria/metro-rail-link-labor-promises-a-start-20131118-2xr9r.html

 

So I haven't told any mistruths, Liberals have committed to a road tunnel whereas Labor havent. 

 

For the record, I am 100% in favour of the Metro tunnel over the EW link.

Edited March 7, 2014 by hedaik

[KSK_47]

Not sure if this has been discussed previously, but has anyone on here purchased anything with bitcoin or know someone who has?

[MaliMate]

Not sure if this has been discussed previously, but has anyone on here purchased anything with bitcoin or know someone who has?

I personally haven't but a good mate of mine was thrashing it for a bit last year. Was also using that Silk Road website and everything went swimmingly, just had it sent to a PO Box and all was good.

Haven't spoken to him recently but last time I did he said the fluctuations were crazy so he cashed out because he didn't feel safe.

[KSK_47]

Yeah. I figured it was a bubble that would burst pretty quickly.

[Tesla]

Currently hold some bitcoin, been using it to have some fun with the alt cryptos (other 'coins' that aren't as popular as bitcoin), but havent been doing anything the last couple weeks so returned all my holding back to bitcoin as it's less risky (should give you an idea how risky the alt cryptos are if bitcoin which has moved over 40% a day on numerous occasions is considered safer).

It was a bubble when it was well over US$1k, but right now I can't see how a bubble could still exist after all the shit that has happened and it still hasnt completely collapsed. Silk rd shut down, Chinese government banning it, Mt Gox collapsing, etc. Probably the bottom before another strong rise. But I'm sure there are many more shocks to come, other govs banning it, more dodgy shit like Mt Gox collapse, FBI selling their holding, etc.

No idea how anyone can use it to actually sell things, fluctuates too much, you'd probably need a system where your prices adjust automatically (not really difficult/costly), but even then just seems like a headache.

Either way, potential is enormous, wide spread acceptance would legitimately change the world. I don't think I really need to elaborate, but obviously can only lead to smaller government and more individual freedom, as well as destroying Keynesian economics, amongst other things.

More so, similar technology can be used for so many other advancements. Something I've thought would be cool is a voting system based on the same technology, eg every voter in a nation is randomly assigned a wallet with 1 'votecoin', and all the candidates have an empty wallet, and the voters just send their coin to the wallet of who they want to vote for. It's important to remember that every transaction that occurs with a cryptocurrency is completely public, the amount sent, the sender wallet, the recipient wallet, etc. The anonymity comes from a wallet not being traceable back to a real life person. As long as the initial assignment of 1 votecoin to each voter is anonymous, their vote will be anonymous, but the real beauty of it is that at the same it would be 100% transparent, more transparent than any voting system we have ever seen, because every transaction is fully public, so the amount of votes each candidate will be 100% accurate and impossible to tamper with.

There are also already things like datacoin which allow decentralised, encrypted, permanent storage of data which would mean shit like wikileaks could ever be stopped. That's probably the most interesting one so far but there are other coins that serve a purpose beyond just being a currency.

TLDR: The emergence of bitcoin and cryptocurrency in general could easily be the greatest advancement to society since the emergence of the internet.

[KSK_47]

Thanks for the info Tesla. I, like a lot of people, knew of it but didn't really look into it too much. Then after reading a lot of articles on the guy who was supposed to have invented it over the past few days had me curious. I don't have a great understanding of computers or economics either so a lot of it is difficult to get my head around.

From what I can tell the potential is enormous but I think the downfall will be that governments don't get their cut and will therefore go to what ever lengths necessary to stop it's legitimacy. That's not to say it can ever be erased completely, but the value will be in people's perception of it being worth something and if authorities come down hard it can damage the value. I also didn't realize there were other bit currencies either.

Either way very interesting stuff.

[Tesla]

You are 100% spot on with what you've said in your second paragraph.

[malloy]

Dogecoin ftw

[Grimey]

Considering quitting my job.
It's part time and I have a shitload of leave which will be paid out when I do.
If I quit without any notice what's the worst they can do? (can they decide not to pay out leave??)

[malloy]

Considering quitting my job.

It's part time and I have a shitload of leave which will be paid out when I do.

If I quit without any notice what's the worst they can do? (can they decide not to pay out leave??)

 

Take two weeks leave, put in 2 weeks notice once leave approved... 

[Tbitm]

Any programmers on here? how would you explain how argc and argv work? I get argc is for characters and argv is for values but i have no clue how to use them. Perhaps a simple example too if thats not too much to ask.

 

EDIT: i'm learning on C++

Edited March 13, 2014 by Tbitm

[cadete]

Any Brogrammers on here? how would you explain how argc and argv work? I get argc is for characters and argv is for values but i have no clue how to use them. Perhaps a simple example too if thats not too much to ask.

 

EDIT: i'm learning on C++

Telstra.

[Tesla]

Any programmers on here? how would you explain how argc and argv work? I get argc is for characters and argv is for values but i have no clue how to use them. Perhaps a simple example too if thats not too much to ask.

 

EDIT: i'm learning on C++

This isn't 1990 and I'm not planning on writing an OS, so don't really know shit about C++, but pretty sure argc is the amount of arguments and argv is the actual arguments. You would then have a loop like this:

for(int i = 0; i < argc; i++)

{

//Do something with argv

}

The fact argc is even there is why C++ is a poverty ancient language.

Is this for uni? I take it you're a beginner if asking, beginners shouldn't be learning C++, but that's just my opinion.

[cadete]

 

Any programmers on here? how would you explain how argc and argv work? I get argc is for characters and argv is for values but i have no clue how to use them. Perhaps a simple example too if thats not too much to ask.

 

EDIT: i'm learning on C++

This isn't 1990 and I'm not planning on writing an OS, so don't really know shit about C++, but pretty sure argc is the amount of arguments and argv is the actual arguments. You would then have a loop like this:

for(int i = 0; i < argc; i++)

{

//Do something with argv

}

The fact argc is even there is why C++ is a poverty ancient language.

Is this for uni? I take it you're a beginner if asking, beginners shouldn't be learning C++, but that's just my opinion.

 

This advice was brought to you by:

[Tbitm]

 

Any programmers on here? how would you explain how argc and argv work? I get argc is for characters and argv is for values but i have no clue how to use them. Perhaps a simple example too if thats not too much to ask.

 

EDIT: i'm learning on C++

This isn't 1990 and I'm not planning on writing an OS, so don't really know shit about C++, but pretty sure argc is the amount of arguments and argv is the actual arguments. You would then have a loop like this:

for(int i = 0; i < argc; i++)

{

//Do something with argv

}

The fact argc is even there is why C++ is a poverty ancient language.

Is this for uni? I take it you're a beginner if asking, beginners shouldn't be learning C++, but that's just my opinion.

 

yeah it's for uni. Just in my 2nd week of this and can only know cin>>, cout<<, for and if pretty much so far. It's such a stressful course imo, everything in your code has to be perfect or the thing doesn't compile and you never know what you've done wrong. Left class early cause i was about to pop a vein it was driving me so mad.

 

Thanks for the help though. What's i++ btw? is it something like i+1. 

Edited March 14, 2014 by Tbitm

[Tesla]

Any programmers on here? how would you explain how argc and argv work? I get argc is for characters and argv is for values but i have no clue how to use them. Perhaps a simple example too if thats not too much to ask.

 

EDIT: i'm learning on C++

This isn't 1990 and I'm not planning on writing an OS, so don't really know shit about C++, but pretty sure argc is the amount of arguments and argv is the actual arguments. You would then have a loop like this:

for(int i = 0; i < argc; i++)

{

//Do something with argv

}

The fact argc is even there is why C++ is a poverty ancient language.

Is this for uni? I take it you're a beginner if asking, beginners shouldn't be learning C++, but that's just my opinion.

yeah it's for uni. Just in my 2nd week of this and can only know cin>>, cout<<, for and if pretty much so far. It's such a stressful course imo, everything in your code has to be perfect or the thing doesn't compile and you never know what you've done wrong. Left class early cause i was about to pop a vein it was driving me so mad.

 

Thanks for the help though. What's i++ btw? is it something like i+1.

What's the course & uni?

Don't stress, once you get your head around the concepts it won't be too bad.

i++ is the same as i=i+1.

[Tbitm]

Any programmers on here? how would you explain how argc and argv work? I get argc is for characters and argv is for values but i have no clue how to use them. Perhaps a simple example too if thats not too much to ask.

EDIT: i'm learning on C++

This isn't 1990 and I'm not planning on writing an OS, so don't really know shit about C++, but pretty sure argc is the amount of arguments and argv is the actual arguments. You would then have a loop like this:

for(int i = 0; i < argc; i++)

{

//Do something with argv

}

The fact argc is even there is why C++ is a poverty ancient language.

Is this for uni? I take it you're a beginner if asking, beginners shouldn't be learning C++, but that's just my opinion.yeah it's for uni. Just in my 2nd week of this and can only know cin>>, cout<<, for and if pretty much so far. It's such a stressful course imo, everything in your code has to be perfect or the thing doesn't compile and you never know what you've done wrong. Left class early cause i was about to pop a vein it was driving me so mad.

Thanks for the help though. What's i++ btw? is it something like i+1.What's the course & uni?

Don't stress, once you get your head around the concepts it won't be too bad.

i++ is the same as i=i+1. Engineering computing 1 at rmit,

Yeah I figured once I get my head around the concepts it'll make more sense, but the math part of me is getting in the way of understanding how i=i+1 makes sense.

Edited March 14, 2014 by Tbitm

[Tesla]

Any programmers on here? how would you explain how argc and argv work? I get argc is for characters and argv is for values but i have no clue how to use them. Perhaps a simple example too if thats not too much to ask.

EDIT: i'm learning on C++

This isn't 1990 and I'm not planning on writing an OS, so don't really know shit about C++, but pretty sure argc is the amount of arguments and argv is the actual arguments. You would then have a loop like this:

for(int i = 0; i < argc; i++)

{

//Do something with argv

}

The fact argc is even there is why C++ is a poverty ancient language.

Is this for uni? I take it you're a beginner if asking, beginners shouldn't be learning C++, but that's just my opinion.

yeah it's for uni. Just in my 2nd week of this and can only know cin>>, cout<<, for and if pretty much so far. It's such a stressful course imo, everything in your code has to be perfect or the thing doesn't compile and you never know what you've done wrong. Left class early cause i was about to pop a vein it was driving me so mad.

Thanks for the help though. What's i++ btw? is it something like i+1.

What's the course & uni?

Don't stress, once you get your head around the concepts it won't be too bad.

i++ is the same as i=i+1.

Engineering computing 1 at rmit,

Yeah I figured once I get my head around the concepts it'll make more sense, but the math part of me is getting in the way of understanding how i=i+1 makes sense.

Well that explains why you're learning C++, sounds like a challenging course.

 

Dont really remember math annotation but I believe it would translate to:

i₁ = i₀ + 1

Edited March 14, 2014 by Tesla

[Tbitm]

Any programmers on here? how would you explain how argc and argv work? I get argc is for characters and argv is for values but i have no clue how to use them. Perhaps a simple example too if thats not too much to ask.

EDIT: i'm learning on C++

This isn't 1990 and I'm not planning on writing an OS, so don't really know shit about C++, but pretty sure argc is the amount of arguments and argv is the actual arguments. You would then have a loop like this:

for(int i = 0; i < argc; i++)

{

//Do something with argv

}

The fact argc is even there is why C++ is a poverty ancient language.

Is this for uni? I take it you're a beginner if asking, beginners shouldn't be learning C++, but that's just my opinion.yeah it's for uni. Just in my 2nd week of this and can only know cin>>, cout<<, for and if pretty much so far. It's such a stressful course imo, everything in your code has to be perfect or the thing doesn't compile and you never know what you've done wrong. Left class early cause i was about to pop a vein it was driving me so mad.

Thanks for the help though. What's i++ btw? is it something like i+1.What's the course & uni?

Don't stress, once you get your head around the concepts it won't be too bad.

i++ is the same as i=i+1.Engineering computing 1 at rmit,

Yeah I figured once I get my head around the concepts it'll make more sense, but the math part of me is getting in the way of understanding how i=i+1 makes sense.Well that explains why you're learning C++, sounds like a challenging course.

Dont really remember math annotation but I believe it would translate to:

i₁ = i₀ + 1 ahk, yeah that makes much more sense. Yeah it's gonna be a lot of work which goes completely against my bludgy lifestyle.

[marteaux]

[Jimmy]

Am currently in my first year of university at Ballarat. Over the last few weeks I've been considering buying a house for next year and am wondering if it's the right move. My parents have agreed to be guarantors and pay half the deposit if I can save the other half. I'm looking at places in the 250k-300k mark. I've got around 6k at the moment so we need to save like 15-19 thousand dollars by February to get to the 20% that you need to avoid mortgage insurance. It's doable if I literally work every single hour I can and only eat a meal a day. I've done the math and could rent out two rooms to mates and only have to chip in,like $80 a week to the mortgage, which is less than half what I pay to live on res and I'll actually be getting something at the end of it. I figure if I'm paying money to live in this town I may as well own the house. After university I could rent it and it'd be atleast a cash flow neutral investment.

what do the older more life experienced heart supporters think? Is it a good idea or not? any tips or things I should know?

[malloy]

Am currently in my first year of university at Ballarat. Over the last few weeks I've been considering buying a house for next year and am wondering if it's the right move. My parents have agreed to be guarantors and pay half the deposit if I can save the other half. I'm looking at places in the 250k-300k mark. I've got around 6k at the moment so we need to save like 15-19 thousand dollars by February to get to the 20% that you need to avoid mortgage insurance. It's doable if I literally work every single hour I can and only eat a meal a day. I've done the math and could rent out two rooms to mates and only have to chip in,like $80 a week to the mortgage, which is less than half what I pay to live on res and I'll actually be getting something at the end of it. I figure if I'm paying money to live in this town I may as well own the house. After university I could rent it and it'd be atleast a cash flow neutral investment.

what do the older more life experienced heart supporters think? Is it a good idea or not? any tips or things I should know?

1. You will need more than 20% as to avoid mortgage insurance it is 20% plus costs (where costs include legals, stamp duty and loan application fees among other things).

2. I doubt it would be a cash neutral investment once you have finished uni.

3. There is a CGT advantage to living in a house first that you go on to rent out.

4. Don't forget the cost of council and water rates and repairs and maintenance in your calculations of whether you can afford it (all things that generally the land lord pays for)

5. In your calculations for repayments increase the percentage to see if you can handle a rate change.

With all the above considered (all that came to me briefly before writing the post) if you still think you can afford to do it, I think it could be worthwhile.

[Jimmy]

Thanks Malloy. I've taken that on board.

a couple of questions/points

1) could you please give a rough estimate of those costs if I were to buy an established house for $250k?

2) It'd be close enough to passive to not take a dint of any significance out of my weekly income.

3) Yay! Does this still apply if I'm renting out a couple of rooms from the get go? Also do I have to declare it an investment property if I intend on renting out other rooms from the start?

4) Would it be legal for me to charge my two tenants 33.33% of the cost of these things? I know they're dumb enough to sign/agree to anything I put in front of them but are there certain things I would have to pay for legally?

5) I could afford an interest rate increase to about 7.5% at the most. Is that enough or not? Also does payment size decrease over the life of the loan or does just the percentage you're paying towards equity increase?

Edited April 18, 2014 by Jimmy

[malloy]

Thanks Malloy. I've taken that on board.

a couple of questions/points

1) could you please give a rough estimate of those costs if I were to buy an established house for $250k?

2) It'd be close enough to passive to not take a dint of any significance out of my weekly income.

3) Yay! Does this still apply if I'm renting out a couple of rooms from the get go? Also do I have to declare it an investment property if I intend on renting out other rooms from the start?

4) Would it be legal for me to charge my two tenants 33.33% of the cost of these things? I know they're dumb enough to sign/agree to anything I put in front of them but are there certain things I would have to pay for legally?

5) I could afford an interest rate increase to about 7.5% at the most. Is that enough or not? Also does payment size decrease over the life of the loan or does just the percentage you're paying towards equity increase?

 

 

1. Legals would costs anywhere between $600 for a conveyancer to say $2,000 for a solicitor for the legal costs, If it is a low value house and a straight forward sale, then there probably isn't an issue with going on the cheaper side. Loan establishment fees and titles office fees I'm not too sure of ,but they be around $500 give or take $200.  Stamp duty will be around $4k-$5 this includes reductions for it being your principal residence and your first home (the first home reduction requires it to be your principal residence for 1 year from the date you moved in)

 

2. It is less of an issue if you are working full time due to deductibility of the interest and other costs.

 

3. If you are living in the house and getting other people to pay board, in the ATO's eyes this is a living arrangement and is non assessable. It also means that all costs are not deductible either. There is a tax ruling or tax determination about this somewhere, but I can't be bothered looking for it.

 

4. This is fine as it would be a living arrangement. 

 

5. Whilst it is hard to say, but big financial institutions have got their projected Australian dollar over the coming years to fall significantly, which would mean that interest rates should remain low, so in the short term while you are at uni (assuming 1 year down of 3-4 year course) I would think that 7.5% is an OK threshold, however things can change rather dramatically e.g. 2008

[Tesla]

In regard to number 5, no one knows the future, but from next year onwards, maybe even later this year, the most likely outcome is for interest rates to start increasing, will be a while before 7.5 is hit, but you can expect a significant increase in interest rates and I doubt they'll ever be this low again for a long time.

FWIW, I wouldn't read too much into what's going to happen with the AUD, not only has the AUD proven to be unexpectedly resilient in recent times, if and when the supposed large drop comes, the domestic interest rate climate won't be a significant factor, nor will any drop in the AUD really put much/any net downward pressure on interest rates.

[malloy]

In regard to number 5, no one knows the future, but from next year onwards, maybe even later this year, the most likely outcome is for interest rates to start increasing, will be a while before 7.5 is hit, but you can expect a significant increase in interest rates and I doubt they'll ever be this low again for a long time.

FWIW, I wouldn't read too much into what's going to happen with the AUD, not only has the AUD proven to be unexpectedly resilient in recent times, if and when the supposed large drop comes, the domestic interest rate climate won't be a significant factor, nor will any drop in the AUD really put much/any net downward pressure on interest rates.

While I agree with the majority of what you say the AUD dropping would be a symptom of low interest rates not a causation.

The low AUD was the forecast by large financial institutes whose name are eluding me, it was not my opinion. The issue with the AUD at the moment is it is being strongly influenced by external factors (more so than is normal).

[Tesla]

Yes it is being influenced by external factors, which is why I don't think you can read into it too much for an idea on what will happen to interest rates.

Tomorrow will give a good idea, inflation figures released, if it's above expectation, we could see interest rates increased before the end of the year.

[hedaik]

what do the older more life experienced heart supporters think? Is it a good idea or not? any tips or things I should know?

 

All I'll say is allow for a change of circumstances such as losing your job, not being able to rent out all of the rooms or higher interest rates. Make sure you still leave enough money left over to enjoy your life, and put any extra savings into your mortgage/offset account. 

[Deviant]

FYI - ANZ are offering a really good interest rate. Currently lower than any other bank.

[malloy]

FYI - ANZ are offering a really good interest rate. Currently lower than any other bank.

Lower than UBank?

UBank home loan rate is ridiculously low. That being said it is a very simple home loan with no options for offset accounts and you must have an 80% or lower LVR

[Jimmy]

why is UBank so low? what's the catch?