Archive for September, 2010

QR National IPO

Tuesday, September 21st, 2010

QR NationalWarning!

QR National Initial Public Offering

Warning!

It’s on TV, it’s in the papers and soon to be in our letter boxes…

It’s the big state sell off and you can be a part of it! Give your hard earned cash to the Queensland State government (for something you already own) and in return they will give you a share of … ‘soon to be nothing’!

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The Inflated Cost of BMW Spare Parts

Wednesday, September 1st, 2010

BMW badgeCould somebody explain how a BMW spare part which retails for €4.26 in Germany, costs us $384 here in Australia?

Just so there is no confusion, that’s about AUD 6 in Germany and AUD 384 in Australia… the identical BMW spare part..!

Admittedly, when I made enquiries at a Genuine BMW Dealership in Hamburg Germany, they wanted €22 (about $27) for the part BUT, BMW has outsourced manufacture of the part to a 3rd party supplier who retails the part directly for $6.

Now come the Australians… (more…)