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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Jim McMannis who wrote (30932)	5/9/2005 5:10:28 PM
From: Elroy Jetson	Read Replies (1) of 306849

Australia created the FIRB (Foreign Investment Review Board) in 1975. Australia has known a lot of tricks for a long time. treasury.gov.au Australia has rules which apply to a number of imports. Until about ten years ago they imposed a 100% tax on imported luxury automobiles. Pornography can only be imported to one business park in the capital city of Canberra. Australians can only purchase it mail-order from Canberra, you don't see it elsewhere. Pharmaceutical drugs are purchased and imported by Social Security at a major discount. The national airline in Qantas, is the safest airline in the world. Since their creation in 1920, Qantas has never experienced a fatal accident. A small Metroliner, run by Tran Air, just crashed a few days ago killing all 14 on board. It seems this is the largest loss of life ever in an air accident in Australia. Probably caused by running a small plane in violent weather, but the investigation has just begun. .

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