australia

I adore my Fiesta ST, however since moving to Pimpama and needing to commute to/from work on the disaster that is the M1, I find instead of having fun driving, I'm instead usually crawling through traffic. With my only commuting really being to work and around Pimpama, it makes me think an EV...

Hi all. I've seen heaps of these posts on the sub and before anyone asks, yes, I've read them—everyone's in a different situation though, and I'm keen to hear what you'd do if you were me. So, obligatory 'I just received $50k, ideas?' post. My wife (30F) and I (28F) purchased a house last year...

TLDR: With the increased power costs and increased expected heat this coming year, I've been contemplating the idea of installing a 10kwh solar system on my house here in Brisbane for $5000 in hope to create a zero monthly electricity bill, and I'd greatly appreciate your thoughts and advice on...

Advice needed please. Im a Mum with husband and 4 young adults. Our current house is too small to house them all. Current mortgage on family home is 230k. We decided we would buy another house so the kids could live there, pay $150 each per week and we could negative gear the property. The new...

Hi there, I'm one of 6 owners of older style units (60+ years old), which are being surrounded by large apartments currently being built. Developer might be interested in purchasing the older units, meaning I would have to try convince 5 other owners. They are mostly IP's with one being owned by...

https://x.com/CommSec/status/1790917900876099598

https://www.afr.com/policy/tax-and-super/winding-back-the-stage-three-tax-cuts-would-be-a-backwards-step-20221004-p5bn07?gaa_at=la&gaa_n=ATKjfPHssnoJCjxFXV64sbwfuCuy9JY_k0cviXFI5yDb0e2adp1MWXRt6y2cSw5g2fQ%3D&utm_source=newsshowcase&utm_medium=discover&utm_campaign=CCwQuJDViq7rjvU6GOCE6Lf9noviogEq...

The uptick in the monthly rate of growth was primarily driven by stronger conditions in Brisbane, Adelaide, Perth and the ACT, along with several regional areas, offsetting a slip in values across Sydney and Melbourne...

I was browsing credit card products this afternoon. I started wondering if I could use use a 0% balance transfer on a CC to pay down my mortgage. I currently have a line of credit with Bank A (with nothing owing). And a 55K mortgage. Bank B is offering 0% interest free transfers for 12...

https://www.abs.gov.au/ausstats/abs%40.nsf/mediareleasesbyCatalogue/D101561A26022077CA25857C0018CFDA?OpenDocument

If people getting 2nd jobs or exiting retirement. What on earth is the rationale behind continuing to increase interest? Seems like the people above dont feel the pain. Edit: asking if RBA is doing the right thing or not, and why is it right/wrong? Also, how is everyone going? Edit: just asking...

Hi all Me and my partner reached out to an accountant for advice regarding buying a second property and converting our current PPOR into an investment. We are about to begin the pre approval process, and have attained two rental and valuation appraisals and are currently setting up a...

I’m interested in starting a F&B business but at the same time am worried about walking away from a steady corporate job. Is this the current dilemma that some face? Get paid well enough from a 9-5 corporate job that it becomes too risky to quit to start your own business? For those who own...

I’ll preface this by saying I’m generally a bit of a pessimist (although I prefer to call myself a realist). With the latest quarterly data release, we’ve seen CPI drop to 4.1% YoY for the December quarter. This is obviously good news and is a 1.3% drop from the previous quarter. On top of...

Couple earning 2 x $80,000 AUD = $63,000 post tax annually individually = $126,000 post tax annually as a couple Mortage on a $1M property repayments on with a 10% deposit (Loan = $900,000) 1% Interest Rate = $2,925 p/month - $35,100 per year Mortgage 2% Interest Rate = $3,361 p/month -...

(Note: I made a post similar to this yesterday, which I deleted due to a gratuitous error. Thanks to /@birch for pointing out the mistake!) I did some rough calculations, and as a result I'm becoming more convinced that the forecasts of 10-15% drops in housing prices are pretty reasonable. I...

I'll start by saying I'm not a Python expert - just a dabbler so there is probably a far better way to do this... Background I'm 100% in equities at the moment, but approaching that final 1/3 of my investing life. I've started to think about my 'transition to bonds' plan and what this might...

My current loan 5.84% has a redraw only (no offset). I believe that basically they both work the same way reducing my interest, with the main difference being Tax implications if I use the redraw (for non Home improvement renovations etc). This isn’t an issue as there is no chance of us renting...

Hi, I was just looking for additional understanding and insight so I can prioritise my finances a bit better. I am a 25 y.o. and married (double income at the moment). Currently my S.O. and I are putting away $100 a f/n for ETF investments (at this point in time, 35% Aus, 35% American, 30%...

As described. https://preview.redd.it/qbe505q679db1.png?width=720&format=png&auto=webp&s=7601d57fc14fcdb75fdeae488631c13a50712488