personal finance in australia

EDIT: mortgage is 541 a month, not week. Edit: some people are asking how I have a mortgage. I was in a very bad accident and received a relatively modest settlement. Did nothing with the money, just put it away and used it as a housing deposit on a small unit in an up and coming location. I am...

Hi there, I posted a month or so ago to this sub and got some very helpful responses, so I'm wondering if you guys could help me out one final time. Basically I've got 150 shares in Telstra which I am looking to sell. I have the ability to sell these for a fee of $56. Is this a fair price...

I’m a 25 year old woman. I’m not rolling in money but I have the following: Superannuation: $51,040 House deposit: $20,000 Investment acct: $15,770 - started 3 years ago. Emergency: $4,200 - I’m working toward $10k because that’s 6 months worth of my expenses eg. rent, electricity...

So my partner and I bought a property in a very sought after area, and after being beaten 3 times by unconditional offers we decided to put a strong offer forward ourselves This meant only subject to finance of 14 days, and no building or pest inspection (property is solid brick, steel roof...

My brain is not smart and not getting the concept. I have a 6 figure job. I took gig delivery which I do for a few hrs on the weekend and adds an approx $15k/yr gross. I have a 10 yo car which costs me approx $400/mostly fuel at 80% business utilisation. So my figures are in the above link if...

This is a repost from earlier this afternoon. Some commentators referred to the fact that a few of my figures were incorrect. This is true. Some figures were wrong. I was in a rush and collating prices from the subtext of Google searches, which resulted in some oversights (as well as...

https://preview.redd.it/3uus6o9u94q41.jpg?width=960&format=pjpg&auto=webp&s=7d4d132fe89e4eb905d4d932395d7bb1a578a9ea

Why are there so many tall poppies here when it comes to Aussie gas? Woodside's gross margin is 75%. Its net margin is at a shockingly beautiful 45%. 15% ROA, 26% ROE and 21% ROIC? I'm hard just thinking about it. And all this while it trades at 5x earnings and little over book? Oh lord, oh...

Curious to see what people's threshold is (if there is one) in terms of the minimum you would work for a job you might not enjoy or the flip side, the lowest you'd take for a job you love, ie: Currently work as a systems engineer in R&D - Pay is average, 100k, but have relaxed work style and...

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...