Mining tax on building Products effect home renovating!

While the resolution of a new mining  super tax on resources is still some way off . One must expect if this applies to building products it will be very inflationary for the cost of building . Currently, the tax is expected on Cement, iron ore  thus steel, Gravel, Silica for windows , Clay for bricks and Silica for Silica bricks, gravel in Bitumen.  This will raise the cost of new homes significantly. Of course, I will have to await the final tax resolution and implementation.

The new mining super tax effectively removes the scope for States to raise minerals Royalty income streams and moves this revenue to the Federal government.

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Home renovating water efficiency measures

The expected move to pricing water by the Kilolitre will draw close attention to the price of water; in Victoria this is due from 1/07/2010. One can apply some  easy home renovating solutions to reduce your water bill.
1   Save 2,000 litres a year in the Kitchen, with aerated water taps.
2   Save 18,250 a year with efficient shower heads and short showers.
3   Save 5,000 litres in the garden with an efficient hand held spray nozzle.

4   Save 16,000 litres a year in the laundry with a frontloader washing machine.

5   Save 20,300 litres a year with an efficient Dual flush toilet system.
This gives grand total of 61,550 litres  saved year.
This represents around the daily allowance for a single person in the household.
Obviously, a close check of the Water Savings WELLS ratings is going to payoff handsomely for all your appliance puchases. I have recently, installed a watertank to capture the rain from the roof. I must consider connecting to the Water Closets, as this would be a massive saving.  If I get excited I might even install a grey water system to tend to the garden. This would include an underground agricultural pipe filtered watering system. Just installed the Front Loader washing machine, today.
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Solar Power systems update on home renovating

Australia’s Silex Solar systems, has taken over the long established BP Solar power company. This keeps valuable expertise and research technology in Australia. Where some progress is being made in the efficiency of Solar Panels energy conversion, which is currently regarded as quite low.

The rate of take up of solar power on the roof has accelerated. It is still way behind that of Germany where some 2,500 MW capacity has been installed. While Australia has around 115 MW.
Given the new State based REC trading system one can earn from the power, by feeding back into the electricity system. Famously, A Cooper from Berowa, has been earning $5,500 a year on this feed back system. I have recently, installed a larger 3 KW system. It should offestt my entire bill and might even generate some feedback income.
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Super fast new Design petaflops computer

I am writing , today about the new range of super fast computers.  The Japanese, have developed a computer to run at petaflops speeds:  or the equivalent of one trillion mathematical calculations a second. The Chinese and USA people have now caught up with their own Super computers running at petaflops speeds. Thes are called the Dawning Nebulae and the Cray Jaguar, respectively. The USA speeds are the fastest but basically all petaflops speed computers are super fast.

Apparently the Moore’s law for computers is still working: that  the speed of computing doubles every 18 months and the price of a computer halves.  The implications for the property market are, startling. For instance many small business people work from coffee shops and Mc Donalds outlets. Major increase in jobs for travelling salesmen.
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New Ideas re Design Electric Cars effect on home renovating

Reading , about the new models, the Mitsubishi Imiev, { due next month } costing $62,000, closely folowed by the Tesla, Chinese EV made by BYD at $25,000, Nissan Leaf $40,000, with the Ford, GM Volt at $65,000  and Toyota models due in two years.  A  plug in Prius is also due, this has both the convenience of petrol and the low cost running of the electric power. While the Imiev is currently, too dear, its available this year, in July.  The cost  shall halve, as production volumes are expanded over the next two years. The  BYD Chinese car is much more reasonable and due, for sale, next year 2011. Apparently the Chinese are expecting to surpass the volume of production of Toyota.  The sales of Electric cars are to represent 10% of the world car market in 10 years, and 30 % of Developed country car sales {reference Delloitte}.  The subsidies  for purchase of an electric car vary from $7,000 to $9,450 in overseas countries.

The point is the electric car is arriving, and cars will remain the dominant form of transport for Suburban people. Currently there are three Imiev cars touring Australia for marketing.
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So one needs to take this  into consideration in your property decisions

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