richpmal

Is the Prime Minister of Australia mocking a 39 year old wage earning father for being unable to afford his own home? Incredible behaviour from our supposed leader.

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Someone is selling an entire hill in Tuscany. 45 hectares, for €1.3M ($1.5M). That's 111 acres of southern Tuscan countryside with a 500m² stone farmhouse on top, 9 bedrooms, 7 bathrooms, a pool, and an outdoor wood-burning oven. The estate sits at 400m altitude on a privately owned hill near Saturnia, 8 km from the famous thermal baths and 50 km from the Tyrrhenian Sea. The farmhouse was built in the early 1800s by the Piccolomini Counts as the steward's residence for what was once a much larger estate. The current 45 hectares break down as 37 ha of woodland, 7 ha of arable land, and 1 ha of olive grove with 50 trees. It borders a nature park and the Albenga River. What makes the price interesting is the land. 45 hectares fully consolidated and bordering a protected park is rare at this level in Tuscany. Most farmhouses in this price range come with 1-3 hectares of land. Here you're buying the hill itself. The trade-off is access. You're 160 km from Rome airport and 200 km from Pisa, so this isn't a fly-in-for-the-weekend kind of place. Then again, if you're buying a hill in Tuscany, being hard to reach is probably the point. How much would something like this cost where you live?

CHINA CUTS US TREASURY HOLDINGS TO LOWEST LEVEL SINCE 2008 • China reduced holdings to $652 billion • Japan remained biggest foreign holder at $1.19 trillion despite selling $48 billion • UK held $927 billion in US Treasuries • India’s holdings dropped to $183 billion • Total foreign ownership of US government debt fell to $9.35 trillion The trend signals several countries are slowly reducing exposure to US debt amid geopolitical tensions, reserve diversification and rising global uncertainty.

RBA ain't going in June.. May not go again even [RTRS] - AUSTRALIA APRIL UNEMPLOYMENT RATE +4.5%, S/ADJ (REUTERS POLL: +4.3)