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The Australian Government has announced as part of the Smart Cities Grants a $28.5 million initiative and Geelong is the latest city to be awarded a technology grant to “switch on” the city.Geelong’s Smart Technology Project has been announced as one of 52 successful projects under round one of the government’s inaugural Smart Cities and Suburbs Program. Under the program, funding will flow to communities across Australia, with 40 per cent of successful projects located in regional areas such as Geelong, Darwin and North Lakes.
Once again we have enjoyed the Melbourne Cup run on the first Tuesday in November, the nation has stopped, the race has been run. This year as each and every year, there are tails of massive winnings, instant riches and glory being celebrated. One such story was the TAB promotion, where a $5 bet ended up with a person winning a Million Dollars by end of the Cup! It's a wonderful story on the surface but today lets look at this a touch deeper.
In an instant world, an instant millionaire was produced on Cup Day from a gambling promotion, but lets have a real look behind the curtain and see what Owners of Successful Horses have in common along with Property Investors....... they all own substantial amounts of their wealth in property. To be able to afford a flutter they all have solid secure, growing assets that provide reliable and consistent returns. Yes some have started with the massive benefit of family money to give them a leap frog over most but they are very solidly invested in property this we can be assured of as fact.
Australian's are a relaxed character of people as we all know that but are we becoming too blase' when it comes to our property?