australia

I'm 23 y/o and I've just started my PhD in Science last July (takes 3-3.5 years) from which I can save ~25k per year (conservative estimate) and as of writing this I have 45k in savings. After my PhD I aim to stay in Australia, but if no opportunities arise here, I might have to go to the US...

In the title. At a crossroads it feels - not sure what to do with myself to make $$$

I am calculating potential returns for a 10 year buy & hold investment of an ETF vs IP. Due to the leverage, 4% growth in property beats 8% of ETF after all expenses taken into account. Is it reasonable to assume 4% property price growth over next 8-10 years for a new build in Australian...

My wife and I have had a few recent discussions with friends and family regarding Christmas plans and the discussions all seem to have a vibe “let’s not worry about presents this year” or “let’s keep it low key” the sentiment seems to be people are not wanting to spend so much this year… with...

currently employed full time in a car dealership, Melbourne Victoria. Salary of 65k, roughly 9k car allowance and 10% commission on f&i income. My coms have been woeful and other BM’s I work with are saying “ yeah, industry isn’t what it used to be” and just accepting the crappy money. I was out...

I found I have to pay tax on all the interest my savings is earning now. That pisses me off because it’s going up less than the price of food, rent, etc… yet I don’t get a tax discount for paying high energy bills yet I get taxed for getting more interest on my savings which is only happening...

Recently deposited my emergency funds into their latest offering. Its probably higher than the rate from the big 4 banks as far as I can recall. Anyone else onto it?

Hi all, We’re about to inherit $200k and are not 100% sure what the best thing to do with it is - some info on our situation: $1m mortgage, home value $1.3-1.5m approx $250-$280k joint income (I’m on mat leave and will be working PT 0.6fte for the next 2 ish years) income growth potential...

Is my situation really that bad? Do everyday normal Australians working full time really earn 100k+ p.a ? If so what do they do? and whats the work-life balance like? I'm nowhere near that but I get to do most school drop off's, I'm home in time for dinner (5:30) I work 5 days...

Ev6 VS Toyota Hybrid (not that much difference in savings) To put that into perspective. An ev6 has a 77.4 KwH battery with a estimated range from 290 - 595 km (depending on conditions), lets just say 500Km. To charge that EV fully, it costs $38.7. Charge it twice and it costs to 76 dollars...

Hey r/ausfinance 8 months ago I posted to this subreddit explaining my current situation and in seek of some guidance on some possible ways to invest $400,000 that was coming my way. Heres the link: Update: So, next month I'll be receiving 1/3 of the inheritance money ($130,000ish) - the...

Hypothetical: Starting from 18 years old, you are paid $100/day into your bank account, 7 days/week, tax-free for the rest of your life (increasing to match inflation). You are not allowed to earn or receive any additional money, except for passive investments such as HISA, term deposits or...

Hi all, I'll start with myself below. I am an engineer, worked around 7 years in the industry and earning approximately 100k at the moment. I would say I am enjoying my work, however there's always the incline to achieve and do more. I always want to work on bigger projects however I am...

I’m 19 and work at a retail shop, have been since last October, recently my friend started working there too and she realised we both aren’t getting paid our right amount, and i’ve sat on it a bit because my dad just committed suicide and i truly couldn’t be bothered looking into to it, but...

Time to cash out from Spaceship Super? Hi all, I joined Spaceship super May 2018 with a unit price of $1.22. The current unit price is $2.11 after a fairly healthy run last few months, however last year their returns were highly volatile and they had a lot of bad press + required an equity...

Previous reading was 7.7% YoY and 0.4% MoM AUDUSD has moved from 0.6780 to 0.6860 as of time of posting. S/P March23 futures moved from 4050 to a high of 4180 (+3.2%) immediately off the figure, now resting about halfway up at 4120 (+1.6-1.7%).

G'day folks, credit card cashbacks have recently caught my attention and I want to put some assumptions I have here for discussion. Look at these: https://www1.citibank.com.au/credit-cards/citi-premier-cashback https://www.commbank.com.au/credit-cards/low-fee-gold.html These credit cards...

I've been receiving a lot of contracting offers from recruiters lately and some of them look very appealing in terms of the remuneration offered. Had a recent discussion about this with my coworker and we started establishing some pros and cons of contracting, particularly in Aus and NSW. Is...

Hey guys! Need your insights and experience on trading platforms! Current Platform, eToro. It's pretty easy and friendly to use for a first-time investor like myself. But the ~2.5% exchange rate fee into USD is something I'm trying to avoid So far my alternatives that I've researched are: -...

Retail sales data out for may. The May 2023 seasonally adjusted estimate: Rose 0.7% month-on-month. Rose 4.2% compared with May 2022. Clothing footwear and accessories -0.6% Department stores -0.5% Everything else positive big increase is in Cafes, restaurants and takeaway food services...