I do not know which planet your mortgage broker lives on but all the news services say its the majority of the population feeling the effects of the economy especially the cost of living on top of mortgages, check the polls as well and refinancing. This will add to many good deals to come, more so as they now say no interest rate cuts for at least six months. I look forward to genuine good deals.
How bad is the economy though? Unemployment is still very low, salaries now rising, house prices are sky high everywhere and the ASX is at an all-time high. Only thing that appears in crisis is rental housing and that's because of massive immigration. Anytime the news has a story about the cost of living crisis, it's a renter being interviewed. No rate cuts are imminent and now even talking about an increase later this year. No pressure on anyone but supermarkets to bring down prices to pre-covid levels. Restaurants, airports and airplanes are reasonable indicators of how things are going I reckon, and all that I've been to recently have been chockers. I think the good deals re wine are coming about due to overseas markets/economies rather than here.
I think it was a 6 character, but if you're buying tonight better off using flash
The ASX is subject to many variables including geopolitical to be relevant, think bots and traders. You also clearly do not live in Victoria, the most over taxed state with people and industry leaving in droves. You also don't mention all the construction companies going bust. You also must have a well paid job by the sound of it, hopefully not a politician. Yes bring on the wine deals.
The Blackbutt is all gone :-(
It already has kicked in. My Land tax bill for my IP in Rosanna Vic has pretty much doubled. SRO reckons the CIV is up 60% since 2020, including a 18% drop this year, which of course bumps me up the sliding tax scale to their benefit. The notice this year says it's increased due to the "COVID Debt Repayment Plan". I'm still buying wine - I do curse the day I found this thread - so can't be too bad I guess.
For my palate, most of the Aussie and NZ stuff is pretty rank, although they occasionally have a decent Sancerre. If you need good dry whites, buy riesling
Ditto. I moved on to Riesling from Sauv Blanc long time ago and never looked back!For my palate, most of the Aussie and NZ stuff is pretty rank, although they occasionally have a decent Sancerre. If you need good dry whites, buy riesling
What about Pinot Gris, SSB, Chardonnay, Semillon, Pinot Grigio?
Never warmed to Semillon? Man, you need to get out there! A 8-10 yo sem from a good winery is amazeballs.
I have to agree with Bill here. I am finding more and more that I enjoy aged white wines quite a bit more than fresh ones. The 04 Wandoo Sem from the recent sale was pretty good, I didnt think much of the 06 though. The 2016 Riesling and the 2014 Marble Hill Chard were worth tasting also.
I bought the 06 based on recommendation, sent it back after being v disappointed - gutted to miss out on the 04
Have to say that I have enjoyed the 06 semillon very much, plenty of development but still tight acidity. I didn't get the 04 so don't know how that's going. I've also enjoyed the 2012 riesling and 2013 Blackbutt from these guys, but then it's a winery I know well and I may therefore have a bias
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I’d be careful of 2017 MR Cabernet Sauvignon.
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