australia

Following yesterdays post thought I’d follow up. I’m all in on property, but confident given current Aussie landscape. Bought PPOR 5 years ago, 860k, now valued 1.4M. Adelaide. 2 income household, 200 and 120k gross. Investment 1: 2 bed 2 bath apartment, paid $595, now valued $740k. Short term...

When I log into my investor centre and check my dividends for the financial year, I have a lot of numbers: Franked amount Unfranked amount Gross amount W'holding Tax Net amount Franking credit When I add dividends on my tax return on MyGov however, I only have: A) Total unfranked amount B)...

My job requires me to be onsite (at various sites each day) for X amount of hours. It is very site-dependent, but sometimes I am only working as little as 10-20% of that time. E.g. a 4-hour stint, I might only have 30 minutes of "work" to do. Is there any way to earn a few bucks during...

Interest earnings were $21713.05 Money in $15,100 Money out (fees and shit) $3400 is this a lot? 12.07% return. With Rest in highest growth/risk account. Is this also good? Super balance now $209k and I’m 38 years old. Feels like a very privileged position to be in.

Hey so I've been a bit of a millenial lurker. I've got the gist going for the early Super access during Covid is silly but I've been reading economic blogs and now I'm confused. Can you help me out? Please... A) Some say it's a bad idea and to hold onto those shares(?)stocks(?)(is their a...

After remaining virtually flat in February (-0.1%), CoreLogic’s national Home Value Index (HVI) posted the first month-on-month rise since April 2022, up 0.6% in March. Dwelling values were higher across the four largest capital cities and most of the broad ‘rest-of-state’ regions, led by a...

Recently won an auction for a small 30y/o+ 135m^2 unit in Boxhill, Vic and feel like it was a poor decision. Unfortunately only did more detailed calculations after the euphoria of winning the auction and realised making money through property is a lot harder than it seems. Rental yield: 3.3%...

Greetings, Reddit Hivemind! In the market for new energy providers, and have been somewhat confounded. Am I right in understanding that, for example, Diamond Energy’s all day costs are 21.7 c/kWh and Momentum Energy's rates are similar to Diamond 20.6 c/kWh, while Alinta Energy’s costs are 6.7...

Hi, I recently donated some money to an organisation that had a little stand at a Woolies in QLD. I didn't think twice about it at the time. I thought hey, if they're here and they got permission to be here, they must be legit. Later I realised that was a dumb assumption to make. I...

This is a property I’ve inspected & almost bought in 2018. I thought it was a good example of an apartment that can experience capital gains. Many people put down apartments (and in general they have been having lower capital returns) they can be great investments. For nice areas like Lane Cove...

I don’t want an EV because I like the flexibility of range and distance and being able to use fossil fuel at a moment’s notice. Budget up to $100k Station wagon or SUV style What should I consider before I start negotiating?

Hi all, my wife and I are trying to buy a house atm and we found a townhouse we like. B.C wasn’t listed in the add so we looked at it, to get told by the REA that it is under B.C and that they cost upwards of 6.3k a year… I’m new to all this and I think it’s ridiculous purely based on the fact...

I’m 25 y/o, earning about $90k p/y and currently have $43k ($29k transferred from REST) sitting in my high growth Triple S super. With my current role I have to make a voluntary contribution towards super which I have chosen 5.3% before tax instead of 4.5% after tax. I’m planning on either...

Hi folks, We were rebuffed earlier this year when we went to our landlord asking for a permanent rent reduction - they offered $10 off our existing rent of $530 p/w IF we signed on for 12 months. Needless to say that was a hard pass from us. We decided to wait until late in the year for the...

I have been debating back and forth between the different super providers who will let me buy etf's rather than using their mutual funds - here is my thought process / background: I was with an industry super fund, taking 2% per year, got pissed off and decided to move. I only really want to...

Say, if you’re on periodic tenancy in NSW, and your bare minimum, but fairly greedy proper manager sent you a rent increase notice (via email), could you just pretend like you never received it and essentially buy yourself another two months (at the old rate)? (Obviously, assuming you wanted to...

Has anyone else noticed how outrageously ready meals are priced in Australia? And how little nutritional value they have - even the 'fancy' ones? Why do the supermarkets think they can get away with serving this crap, especially in high-income, high-education Metro format locations? I compared...

Discuss intelligently

Got a house for sale which I recently inherited. Never sold a house before. 3 offers of 1.1M which is asking price. Two are subject to finance, one is cash. All things being equal here, Cash offer gets it obviously but What price do you guys and girls think offers subject to finance need to...

Brad Banducci to retire from Woolworths —- Woolworths has announced that chief executive Brad Banducci will retire from the supermarket after 13 years at the helm. Brad Banducci Oscar Colman Amanda Bardwell will take over on September “Brad has led a remarkable turnaround and...