Lockdown

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Macaha said..
My BBQ is that clean you need sunglasses Ticking heaps of jobs off the list to pass some time.

Everything in my joint is busted, but my daughter is painting the whole inside because we got to sell before the bank kicks us out and fire sales us.

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Daneli Returns said..

Hydromann said..

Macaha said..
My BBQ is that clean you need sunglasses Ticking heaps of jobs off the list to pass some time.

Everything in my joint is busted, but my daughter is painting the whole inside because we got to sell before the bank kicks us out and fire sales us.

Bank shouldn't be kicking you out in the next 6 months. Who are you with?

Not just the bank. Our bookkeeper stuffed up our tax for the last 7 years and we copped a $150k bill. Has absolutely screwed us over, challenging through accountant but given current business situation and significant losses copped there we are cash flow negative in a big big way.

Can't make a payment let alone afford tucker ATM, expecting lights out soon and can't claim any benefits until the ATO issue is sorted because we can't prove our position.

Kinda screwed.

Anyone that saw that reply ignore it......

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Hydromann said..

Macaha said..

MickPC said..

Correct no income no food, some of the restaurants like The Lawn in Canggu are feeding anyone who needs food every Friday others are doing similar things. Bali will take a longtime to recover the problem will be, can people trust the figures the Indonesian government put out? I wouldn't they will open up ASAP it will be some miracle from the island of the gods but sadly it will be fake news like the fake tee shirts

Do you think they will all starve Mac?

From my exposure to Asians they have a completely different mindset to family and community then westerners.

We seem to go to ground and look after our own patch, hoard dunny rolls etc.

Asians seem to pool resources and share for the benefit of all of their community.

If this thing rolls on and on and on who will ultimately come out the better base don their approach?

Word is many public suicides happening in Thailand now as people want their despair to be noticed by the government so that action will hopefully be taken to help others. The aid to the Thai people from the government is being extremely poorly meted out.

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Hydromann said..

Daneli Returns said..

Hydromann said..

Macaha said..
My BBQ is that clean you need sunglasses Ticking heaps of jobs off the list to pass some time.

Everything in my joint is busted, but my daughter is painting the whole inside because we got to sell before the bank kicks us out and fire sales us.

Bank shouldn't be kicking you out in the next 6 months. Who are you with?

Not just the bank. Our bookkeeper stuffed up our tax for the last 7 years and we copped a $150k bill. Has absolutely screwed us over, challenging through accountant but given current business situation and significant losses copped there we are cash flow negative in a big big way.

Can't make a payment let alone afford tucker ATM, expecting lights out soon and can't claim any benefits until the ATO issue is sorted because we can't prove our position.

Kinda screwed.

I hope good waves come your way when you go surfing...!

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Ctngoodvibes said..
Thats really heavy hydro. I'm hoping things look up for you soon. Surfings a pretty good way to relax and forget all the BS, hope you can get in the water
Im no finance expert, but I have heard claiming bankruptcy in circumstances like that can actually be best option
...as scary as it sounds I understand it allows you to make a fresh start

Cheers mate.

Yeah it's heavy because of what we are trying to support. Property we are in is dual residential / industrial, and given teh business is pear shaped ATM makes it surplus to our needs.

Biggest problem is getting everyone to adjust their expectations and realise that we need to liquidate, and quick. Had the good sense to pay off a bit extra on the mortgage during the good years instead of buying a 79 series. Short of what the ATO want from us but still a decent chunk.

Bottom line is that we are cash flow crippled and unable to service our level of debt, a bit like virgin in that regard but I didn't and haven't gone crying to the gov for a bail out.

Still got assets behind us and capital in the property, will likely apply for the super draw backs which should tie us over and give enough to pay the bills whilst we spruce up for a quick sale. At the end of the day even if we rent we are in a way better spot than many because of our assets, so whilst I'm sounding like a whinging bitch it's more me venting than asking for sympathy. Kinda therapy I guess, tends to help me see things a bit clearer when I blast off now and then.

Still the best medicine is to look beyond ourselves and to do something for others, a food package, some help with outside gardening etc. All done with social distancing of course. Gets the mind off your own crap and puts it in perspective when you see others doing it tougher.

Had a dawn ocean paddle. Session had a 2 min stop. Right out in front of elephant rock where the services are usually held.
So had some time to reflect.
Interestingly some planes flew over currumbin. I thought they were banned.
It was a nice aussie touch if they defied the ban imo

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Macaha said..

laceys lane said..
Had a dawn ocean paddle. Session had a 2 min stop. Right out in front of elephant rock where the services are usually held.
So had some time to reflect.
Interestingly some planes flew over currumbin. I thought they were banned.
It was a nice aussie touch if they defied the ban imo

2 x planes mate? planes are not planned.

Did the dawn service in the drive with the neibours then thought bugger it and went for a surf I always like to hit the water on ANZAC day and appreciate what we have because of what those guys fought for.
Sitting out chatting to the only other guy out and 2 WW2 type planes zoomed low over 1 right up the others clacker.
Gave them a wave and holla
My day is made

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Ricardo1709 said..

laceys lane said..
Had a dawn ocean paddle. Session had a 2 min stop. Right out in front of elephant rock where the services are usually held.
So had some time to reflect.
Interestingly some planes flew over currumbin. I thought they were banned.
It was a nice aussie touch if they defied the ban imo

How many were you paddling with,mightve seen you on TV as they scanned the water

I was solo .went a bit earlier then others.
A herd of ski paddlers out there

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Nozza said..

laceys lane said..

Ricardo1709 said..

laceys lane said..
Had a dawn ocean paddle. Session had a 2 min stop. Right out in front of elephant rock where the services are usually held.
So had some time to reflect.
Interestingly some planes flew over currumbin. I thought they were banned.
It was a nice aussie touch if they defied the ban imo

How many were you paddling with,mightve seen you on TV as they scanned the water

I was solo .went a bit earlier then others.
A herd of ski paddlers out there

Do you have chop on top of surf for an ocean paddle?
I've got little swell, but 2 ft. chop making any paddle pretty challenging

Nar. Its been pretty calm. Some texture this morning. A south to north current has been the player in up and downwind speeds .

But the tweed wave buoy showed a turnaround to north today.
Will that give us some surf.
Tell you tomorrow

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laceys lane said..

Ricardo1709 said..

laceys lane said..
Had a dawn ocean paddle. Session had a 2 min stop. Right out in front of elephant rock where the services are usually held.
So had some time to reflect.
Interestingly some planes flew over currumbin. I thought they were banned.
It was a nice aussie touch if they defied the ban imo

How many were you paddling with,mightve seen you on TV as they scanned the water

I was solo .went a bit earlier then others.
A herd of ski paddlers out there

Saw a group of three on Tele , stunning morning to be out on the water