Michael Thompson
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Appearances Over Time
Podcast Appearances
To the fact that these companies are just so big that they are actually bigger than a lot of countries themselves.
All right.
I think what I'm also trying to get at is that this is almost a mindset change, right?
Countries, yeah.
Right?
Yeah, yeah, yeah.
Now, I mentioned this at the top of the show, Sean.
That this is not something that you are doing as a short-term strategy, but it is going to be something that you are going to reap the rewards of further down the track.
Iconic retailer Barbecue's Galore has collapsed.
After its main financier couldn't agree on trading terms and that left the group without funding.
The winding up process is scheduled to start next week and 62 stores will close while transitional arrangements will be put in place for the 27 franchisee owned and operated stores.
Where is that tipping point between a property that has been essentially negatively geared or where you might be losing money on it because the amount that you're paying to the bank in interest is more than what you are bringing in in rent?
This is according to the Financial Review.
When does that then flip to become positively geared when you actually start to create revenue and actually start to generate passive income from that property?
Look at your face.
I'm not entirely thrilled about this.
I love pets, love cats, love dogs.
Would not love the idea of sitting next to one that isn't my own for the duration of a flight.
While you were talking, I just jumped onto the Virgin Australia site to see the size limit, if it maxes out at a particular size.
Okay, there's a lot more that I want to discuss.