Victorian Water bills to rise dramatically

I am studying the rise in water Bills  from the 1/07/2010 many bills will rise between 10 % to 20 % each year. I expect this to continue  a compounding basis: over four years  water bills could double from an average of  $700 to $1400 annually per home. Private sources advise me that this rise and rate of rise is extremely likely, as the government uses water prices as an indirect form of taxation.
This is to pay for the very expensive Desalination plant at Wonthaggi, and  the Pipeline from Lake Eildon to Maroondah.

The running cost of the Desal plant  will be expensive to run and finance, it is reliant on a wind power plant being built for the electricity, too. So we have to pay for the wind power station, too.

There are  ways to cut your water bill, as set out in my prior post. Every Victorian family will soon be made acutely, aware of the water saving  measures of Tanks, taps, Dual flush systems, aerated taps, grey water systems, even rock lawns.

Check out the prior posts on this topic in easyhomerenovating.
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NRAS, Affordable Rental Homes

I  am reading more and more about the increasing interest in building these homes. Both from Investors, Developers, and prospective tenants. I note there are large numbers of homes in the Development  pipeline. Large Inner city sites for many apartments are coming on for Development. These should generate great interest from Investors and Tenants. The developers are recorded as complaining of the long time in the approval process. I fully expect Investors who have so far been reluctant to invest in the Scheme, will be hugely impressed by the Inner city apartments deals. Who wants to earn $9,100 extra each year for ten years on the rental income deal?

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Home renovating Repairs and Maintenance, re tax time

Hopefully most investors will write a pro forma tax schedule for the coming Tax year ending. Those within the BAS system, will automatically have much of this organised. This way one can measure what would be worthwhile for tax optiminisation. If one has a high tax payment year, there are heaps of areas one can spend money on, such as, essential upcoming repairs, gardening,  gutters,  fencing, high wear areas in the home. The ideas may seem trite but use a checklist approach.

1   Ask the tenants what needs repair,

2   Repair things that will add value, for example in, the Kitchen and Bathroom,taps, washers, handles.

3  Repair or Replace, Items that are coming up to their fully depreciated time, like Hot water service, Heaters, Cookers, Ovens, air conditioner.
4   For the furnished apartment, there are a wider range of items one could replace/repair: including the washing machine, Dishwasher, computer system, television.

I set aside around atleast one percent of the capital value of the home for these expenses. One way to think of them, as value  adding essential items: either adding to the comfort for the tenant or value for the Investor.

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Rising price for water, effect on home renovating

Received my latest water bill, with the note Water Prices are to double over the next four years. In order to encourage me they are  moving  to volume charging for water, from the the first of July. “In order to encourage , me they are saying, Its all part of the Plan, to fund crucial water saving projects”, like the $5.8 Bn Desal plant and the Sugarloaf/Lake  Eildon water pipe.           Hope they aren”‘t stealing water from the farmers? One is critically aware the Desalination plant will cost a fortune to run on electricity. Queensland water price s up 10% today, am sure most States will keep in close alignment. Excuse is its to fund the recent $9 Bn in new water projects.                           V ictora” s announcement is due on 1/7/2010.                                   Lots more environmental ideas in other Posts

I can agree with Storm water Harvesting recyle plant  at Kalkallo: but its a tiny project.

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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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