WT Ownership, The Board & Senior Management - MEGA Thread

[Merlot]

he talks the talk

 

[KingRobbie]

One of the most well-regarded and respected content creators in rugby league.

 

[balmain boy]

Yeah, he was the media and content guy, not on the board...

 

[the_third]

Maybe he was bored?

 

[twentyforty]

Maybe he was bored?

A lot of people reassessing their personal situation relevant to employment and lifestyle as this Covid-19 spread continues.

 

[aturkey]

Don't get the crapping on Burgess' hair... people aren't allowed to be individuals then?
Or all board members must wear a suit and have short back and sides??
It's 2021... and if I had that much hair I'd sure as hell do what I wanted to with it too!

You seriously don't get it...? Are you blind? Hahahah

 

[the_third]

Maybe he was bored?

A lot of people reassessing their personal situation relevant to employment and lifestyle as this Covid-19 spread continues.

me included

 

[twentyforty]

Maybe he was bored?

A lot of people reassessing their personal situation relevant to employment and lifestyle as this Covid-19 spread continues.


me included

I know its a slight deviation from the thread topic, but can I share an interesting stat from core logic? 25% of home buyers are investors who live in their new purchase while renovating, then after a year or two sell or lease to tenants. Sure, there has always been this sort of activity in the res property market but not at this level. I know a couple who have been doing this for 20 years, however, more recently quit their jobs to devote more of their time to this lucrative "hobby."

 

[batboy]

Don't get the crapping on Burgess' hair... people aren't allowed to be individuals then?
Or all board members must wear a suit and have short back and sides??
It's 2021... and if I had that much hair I'd sure as hell do what I wanted to with it too!

You seriously don't get it...? Are you blind? Hahahah

His hair is the least of the issues I have with him…
Screaming his guts out like a scolded cat in what I can only describe as drunken Karaoke on field at a packed Campbelltown stadium is one… (seriously, what purpose would that serve the club? It was horrible, shameless self indulgent / self promotion) as a long time, semi professional musician - it was nothing short of embarrassing.

His lack of business acumen is another…

He’s been ringing the chamois on his music connections from 50 years ago for the most of those years - these days it’s by ripping off kids bands by charging them to play at venues…

When next you see him, ask him if he’s ever uttered the word Tigers after his beloved Wests.

He has not, and will never be a fit member of a board at our club… or any other organisation.

 

[balmain boy]

Maybe he was bored?

A lot of people reassessing their personal situation relevant to employment and lifestyle as this Covid-19 spread continues.


me included

I know its a slight deviation from the thread topic, but can I share an interesting stat from core logic? 25% of home buyers are investors who live in their new purchase while renovating, then after a year or two sell or lease to tenants. Sure, there has always been this sort of activity in the res property market but not at this level. I know a couple who have been doing this for 20 years, however, more recently quit their jobs to devote more of their time to this lucrative "hobby."

It's wankers like that that mean young families can't afford to buy a house

 

[twentyforty]

Maybe he was bored?

A lot of people reassessing their personal situation relevant to employment and lifestyle as this Covid-19 spread continues.


me included

I know its a slight deviation from the thread topic, but can I share an interesting stat from core logic? 25% of home buyers are investors who live in their new purchase while renovating, then after a year or two sell or lease to tenants. Sure, there has always been this sort of activity in the res property market but not at this level. I know a couple who have been doing this for 20 years, however, more recently quit their jobs to devote more of their time to this lucrative "hobby."

It's wankers like that that mean young families can't afford to buy a house

Lol..How do you draw that conclusion? Are you saying if they didn’t improve res properties it wouldn’t increase their value? Or because they could own 2 or 3 at the same time there is a short supply?
I guess it’s the BJ prophecy? Always someone else’s fault. People have no influence over their own goals because of other people creating problems for them?
Maybe you’re right.

 

[innsaneink]

So Talintyre was the bloke who came up with gems like
"Not our day" after a 66-12 pummelling?
Tough gig here at WTs

 

[batboy]

So Talintyre was the bloke who came up with gems like
"Not our day" after a 66-12 pummelling?
Tough gig here at WTs

Hahaha…
What would your line have been Ink?

 

[balmain boy]

Maybe he was bored?

A lot of people reassessing their personal situation relevant to employment and lifestyle as this Covid-19 spread continues.


me included

I know its a slight deviation from the thread topic, but can I share an interesting stat from core logic? 25% of home buyers are investors who live in their new purchase while renovating, then after a year or two sell or lease to tenants. Sure, there has always been this sort of activity in the res property market but not at this level. I know a couple who have been doing this for 20 years, however, more recently quit their jobs to devote more of their time to this lucrative "hobby."

It's wankers like that that mean young families can't afford to buy a house

Lol..How do you draw that conclusion? Are you saying if they didn’t improve res properties it wouldn’t increase their value? Or because they could own 2 or 3 at the same time there is a short supply?
I guess it’s the BJ prophecy? Always someone else’s fault. People have no influence over their own goals because of other people creating problems for them?
Maybe you’re right.

Pretty obvious, but i can spell it out for you.

A young family may have a max budget of 1 million to buy a house in sydney. Can't possibly go higher, and whenthey buy they're moving in to live, raise their family, and maybe do renos at some point in time down the track. Flippers might offer 1.1million for the same property, knowing they'll recoup their higher expenditure by doing the place up, and sell for 1.5-1.6 million a few years later.
This destroys the opportunities for young people to buy a house in the first case as they offer more cash upfront, pricing young people out of the market. And then when they re-sell in a few years time that house in the suburb which was once 1 million is now 1.6 million, which further inhibits other young people from buying a property in that area.

Of course properties increase in value due to other factors, like location, but it's the flippers and foreign investors who are pushing many young people to the outer limits of the city

 

[bathursttiger1]

So Talintyre was the bloke who came up with gems like
"Not our day" after a 66-12 pummelling?
Tough gig here at WTs

Hahaha…
What would your line have been Ink?

He’s the same guy that hasn’t even put a photo of Hastings, Gildart, Saukuru, Tuemeth, O’Kane and Peachey on the WT website

 

[Geo]

So Talintyre was the bloke who came up with gems like
"Not our day" after a 66-12 pummelling?
Tough gig here at WTs

Hahaha…
What would your line have been Ink?


He’s the same guy that hasn’t even put a photo of Hastings, Gildart, Saukuru, Tuemeth, O’Kane and Peachey on the WT website

Those are done by the NRL for all Clubs.. It's the generic way it's done.. it links to nrl.com

Clubs provide own content..Maybe Dan moving to the NRL will improve the speed in which the do things..wouldn't hold my breath

 

[batboy]

So Talintyre was the bloke who came up with gems like
"Not our day" after a 66-12 pummelling?
Tough gig here at WTs

Hahaha…
What would your line have been Ink?


He’s the same guy that hasn’t even put a photo of Hastings, Gildart, Saukuru, Tuemeth, O’Kane and Peachey on the WT website

Those are done by the NRL for all Clubs.. It's the generic way it's done.. it links to nrl.com

Clubs provide own content..Maybe Dan moving to the NRL will improve the speed in which the do things..wouldn't hold my breath

They've been back a month.... There's 16 Clubs.
They've got to actually get the Photographers and fox sports in to do all that sort of stuff...
It takes time.
I doubt the photos have even been taken yet, I saw the gold coast had theirs done yesterday.
Profile photos for new players aren't ever up until the new year....

You'll see some media from the club on when it happens, Every year they have some shots or videos of the sets up etc...
Can't please some people.....

 

[twentyforty]

Maybe he was bored?

A lot of people reassessing their personal situation relevant to employment and lifestyle as this Covid-19 spread continues.


me included

I know its a slight deviation from the thread topic, but can I share an interesting stat from core logic? 25% of home buyers are investors who live in their new purchase while renovating, then after a year or two sell or lease to tenants. Sure, there has always been this sort of activity in the res property market but not at this level. I know a couple who have been doing this for 20 years, however, more recently quit their jobs to devote more of their time to this lucrative "hobby."

It's wankers like that that mean young families can't afford to buy a house

Lol..How do you draw that conclusion? Are you saying if they didn’t improve res properties it wouldn’t increase their value? Or because they could own 2 or 3 at the same time there is a short supply?
I guess it’s the BJ prophecy? Always someone else’s fault. People have no influence over their own goals because of other people creating problems for them?
Maybe you’re right.

"A young family may have a max budget of 1 million to buy a house in sydney. Can’t possibly go higher, and whenthey buy they’re moving in to live, raise their family, and maybe do renos at some point in time down the track. Flippers might offer 1.1million for the same property, knowing they’ll recoup their higher expenditure by doing the place up, and sell for 1.5-1.6 million a few years later."

There are two flaws in your assumptions..
1. You are assuming that the “young family” are always competing with the wealthier “Flipper.” This can only be possible on 25% or less of occasions, because that is the number of possible “Flippers” identified by Core Logic.
2. The average home turnover is 7 years, this includes all homes including your “young family” who have possibly renovated and increased the value before their sale.


"This destroys the opportunities for young people to buy a house in the first case as they offer more cash upfront, pricing young people out of the market. And then when they re-sell in a few years time that house in the suburb which was once 1 million is now 1.6 million, which further inhibits other young people from buying a property in that area.
Of course properties increase in value due to other factors, like location, but it’s the flippers and foreign investors who are pushing many young people to the outer limits of the city"

3. Australia’s economic prosperity depends a lot on Business and housing construction. The rules of the game are set by the ATO and our governments. The people (buyers) who participate in the game are not “wankers” as you call them, but buyers with different motivations. The prices are driven by policy, population growth, immigration, jobs etc., not by Flippers who are doing what the governments expect of them..creating jobs and tax revenue.
4. I can agree with you at least on the foreign buyers creating a problem and the increased states’ stamp duties along with the tougher lending criteria don’t go far enough imo.

 

[innsaneink]

Talk about going off topic... This one's a doozy.... From the WTs board, to the media guy... Too first home owners.... Can we get Santa in to?

 

[BAGNF05]

Talk about going off topic... This one's a doozy.... From the WTs board, to the media guy... Too first home owners.... Can we get Santa in to?

Just hiding in here from the Covid chat