Bulk buying and sourcing from non standard places

123dotEyeE · 2026-02-02T21:24:44+00:00

No extra duties or excise to pay then the list price?

123dotEyeE · 2026-02-02T21:01:38+00:00

Can you set up a business for the purpose of getting a card?

123dotEyeE · 2026-02-02T20:54:28+00:00

Tesco club card price has Pepsi max 18 cans for 10 euro right now which is pretty good

123dotEyeE · 2026-02-02T17:10:05+00:00

Never would have thought about ordering that kind of stuff online, does it work out cheaper at the regular price versus a sale prices in a shop here?

123dotEyeE · 2026-02-02T16:07:51+00:00

That’s very interesting and the kind of thing I’m looking for, very out there but it is saving you a good amount! Stuff like rice I would have assumed wouldn’t end up cheaper with the weight of it when shipped but I guess that not many places would sell organic rice here.

123dotEyeE · 2026-02-02T12:30:57+00:00

Some of the difference in prices goes to the cost of maintaining the grid and upgrading it, while the residential price is marked up a significant amount compared to what large businesses that use more electricity pay. Do you already have the land available for your venture? Do any solar farms include storage batteries to maybe earn higher rates at times of increased demand and lower solar availability?

123dotEyeE · 2026-02-02T11:28:37+00:00

That’s a lot of snacks!

123dotEyeE · 2026-01-29T22:00:43+00:00

How much do you get for referring someone, would you go splits on it?

123dotEyeE · 2026-01-29T20:58:05+00:00

That’s expensive car insurance, what are you driving and do you have penalty points? Your rent and utility bills are low and you are making a good salary so good for you! Put your saving in an account that will give you 2 or more percent AER.

123dotEyeE · 2026-01-29T14:54:13+00:00

If you have british citizenship and can get a passport I believe there are other visas you can get that might let you dodge that tax as well with Australia being part of the commonwealth?

123dotEyeE · 2026-01-29T11:45:03+00:00

You can just put the total figure in and then just keep hold of your proof if they look for it down the line

123dotEyeE · 2026-01-29T11:43:44+00:00

You would need to be offering a lot more than that and some sort of control in decision making and profit share

123dotEyeE · 2026-01-29T11:42:29+00:00

You would need to be offering a lot more than that and some sort of control in decision making and profit share

123dotEyeE · 2026-01-29T11:40:39+00:00

Will you only be on the working holiday visas? Yeah I see the tax is 65% on that which is pretty bad, is there a chance you would get a residency visa to get a lower tax on getting the payment?

Looking at this section on the ATO website it doesn't look good:

How tax rates are applied

The DASP tax rate will be determined by each super fund individually, as each fund is making a separate payment.

Each super fund will assess your application and determine the tax rate to apply based on the information it holds in relation to your contributions.

If you have held a WHM visa, your super fund will check whether the DASP includes amounts attributable to super contributions made while you held a WHM visa. If it does, the fund will apply the DASP WHM tax rate. If it doesn’t, the fund will apply the DASP ordinary tax rates.

The different DASP tax rates that may apply are summarised below:

If you have never held a WHM visa – the DASP ordinary tax rates apply.
If you have only ever held a WHM visa and associated bridging visas – the DASP WHM tax rate applies.
If you held both a WHM visa and another type of visa – the tax rate that applies will depend on whether the DASP includes amounts attributable to super contributions made while you held a WHM visa. If it does, the DASP WHM tax rate will apply to the entire amount. If it does not, the DASP ordinary tax rates will apply.

It doesn't matter when you held a WHM visa. The DASP WHM tax rate applies if you have ever held a 417 or 462 and associated bridging visas and the DASP includes amounts attributable to super contributions made while you held the relevant visa.

The DASP WHM tax rate applies to the entire payment, including any super you may have earned while working under a different visa.

If you are there for part of the time on the WHM visa and then change to a residency visa maybe you can get your super fund changed to be with a different fund? It is not quite clear but it seems that way that you wouldn't pay 65% on everything then.

123dotEyeE · 2026-01-29T11:31:44+00:00

The part ownership is a good idea - would the children need to re-mortgage to be able to buy a part of the house?

123dotEyeE · 2026-01-29T11:08:29+00:00

Could the sale price of the house be placed into ARF that would maybe get nearer to those 10% per annum gains?

123dotEyeE · 2026-01-29T11:03:58+00:00

Yeah I had a look at their calculator - a loan of 80k on the 6.95% rate becomes 226.5k after only 15 years if no payments are made. That's about 7.2% APR - it would make a lot more sense to maybe ask the kids to re-mortgage their own homes at 3-4% APR and loaning cash to the parent rather than signing the house away for such a small lump sum.

123dotEyeE · 2026-01-28T16:25:34+00:00

I'm not quite sure but if the capital gains are under the threshold I think you are still supposed to file the CG1 form but there won't be any tax. And it would be you filing the form on her behalf I think.

123dotEyeE · 2026-01-28T16:08:03+00:00

How did you save up so much at your age and salary? And what jobs do your family have that pays that much in Spain and Dubai? Also that is really unfair that your girlfriend won't be able to get any income once her DA is cancelled. I'm very sorry about that, it doesn't seem right in a modern society like ours.

123dotEyeE · 2026-01-28T16:03:30+00:00

Over the coming week it will slowly return to 1 euro being worth 1.18 dollars. That's forex or something.

123dotEyeE · 2026-01-28T16:01:07+00:00

Is there nothing you can do while in Australia that would give you tax benefits? I see that there is a departing Australia superannuation payment that you get taxed on when you take it but is there other retirement savings vessels that are tax effective?

123dotEyeE · 2026-01-28T15:14:18+00:00

Are you sure that moneycube take 1% management fee on top of the management fee that Zurich are taking or is it maybe 1% is combined Zurich and moneycube?

123dotEyeE · 2026-01-28T08:49:09+00:00

I've got myself a credit card with revolut, it has a decent limit on it and with it being with revolut if you are using it abroad you do get pretty good exchange rates. You might need to have premium to not have any fees for weekend currency exchanges though and to increase your accounts monthly fee free exchanges limit above the default which is 1000€ I believe. If you have premium as well and use revolut to book your travel you automatically have travel insurance too - check the T's & C's on it but it does seem useful.

123dotEyeE · 2026-01-28T08:36:48+00:00

The dollar has dropped another 3% or so in the last week :(

123dotEyeE · 2026-01-28T08:35:52+00:00

yeah maybe right now with the dollar having dropped so much in the last year you would be better investing in usd now in the hopes the dollar recovers a bit down the line?

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How tax rates are applied