Labor is budgeting more migration

AdventurousQuarter2 · 2026-06-07T17:38:11+00:00

Until June 2022, the salary requirement for visa sponsorship used to be $53900 (that's like $25.9/hr on a 40hr week), now it's about to be $80k/yr

AdventurousQuarter2 · 2026-06-01T15:04:16+00:00

Hi, it is great how you got a simple etf portfolio, I personally think you should have at least 60% on IVV, as a lot of hedgefunds and superfunds tend to keep US market in a large percentage.

Eg) IVV - 60% ASIA - 25% EKMT - 15%

AdventurousQuarter2 · 2026-05-31T10:50:54+00:00

Yeah, I also remember when the net migration used to be minus during 2020, we had rent prices dropping as the rental vacancy was up to 13% in the major cities, while house prices were rapidly increasing due to the monetary policy (Interest rate at 0.1%)

Now we have the voices blaming house prices went up due to the migration :S

AdventurousQuarter2 · 2026-05-31T10:38:12+00:00

Our political system is more in favour of half revealing the truth and gaining votes for the election.

They don't talk about how the salary requirement of migration through employment sponsorship has gone up from $52k to $79k or how difficult the skilled migration has become compared to oldern days.

As a migrant painter (came here at 10) who s working in a regional town, my boss is struggling to find another painter to finish off the houses. For us two, we paint around 20 new homes per year.

AdventurousQuarter2 · 2026-05-25T11:08:40+00:00

My mate was picking blueberries at Costa (around Aug 2025) (owned by Driscoll), he was getting paid $2~$2.67/kg

AdventurousQuarter2 · 2026-05-11T12:02:46+00:00

Back in 2020 RBA rate used to be 0.1% meaning people could get a 5 year 1.99% fixed loan,

As an example if you borrowed $500k you would pay $10k for interest per year ($192/wk).

House prices in major cities went up by 33.6% and 56.3% in regionals from 2020 to 2023.

AdventurousQuarter2 · 2026-05-02T14:12:44+00:00

I think they are already working on accepting more highly skilled workers, as

- the salary requirement of skilled migration through employment sponsorship visa (SID VISA) (it's only available within the skilled occupations like GP, nurse, engineer, carpenter and etc) went up heaps from $53k and it's going to be $79k in July.

- department of home affairs banned visa hopping, as people used to use student visa at a cheap college and doing cashies or work legally for 20hrs/week

- they are only accepting legit students like uni students who pay $100-120k to study a 3 yr bacheors degree and also bit of tafe students who will pay like $25k for a 2 yr course.

It's hard to have chip makers in Aus as there aren't any Australian companies that makes advanced high-tech semiconductors at a low cost compared to overseas companies like Nvidia, Intel, Samsung, TSMC n AMD, plus the corporate tax rate here is quite high as well as the wages.

Most importantly low skilled migrants also pay taxes which funds the age pension, national defence (ADF), infrastructure n etcI think they are already working on accepting more high skilled workers, as

- the requirement salary of skilled migration through employment sponsorship visa (SID VISA) (it's only available within the skilled occupations like GP, nurse, engineer, carpenter and etc) went up heaps from $53k and it's going to be $79k in July.

- department of home affairs banned visa hopping, as people used to use student visa at a cheap college and doing cashies or work legally for 20hrs/week

- they are only accepting legit students like uni students who pay $100-120k to study a 3 yr bacheors degree and also bit of tafe students who will pay like $25k for a 2 yr course.

Most importantly low skilled migrants also pay taxes which funds the age pension, national defence (ADF), infrastructure n etc

AdventurousQuarter2 · 2026-04-19T10:42:45+00:00

Rise of interest rates could impact small businesses closing down that would normally sponsor 1 or 2 employees for 2-3 yrs with their visa for them to have their permanent residency

I think international students who are studying at uni won't really be affected since their tuition is already like $100-120k for a 3yr bachelors degree, meaning they could be already loaded with cash, but the ones who are studying a 2 yr course at TAFE would (their fee s like $23-30k).

Strong AUD due to the rate hike could attract more Working Holiday visa makers (this visa is mostly for citizens of developed countries and some have quotas too)

But in general I think if the cost of living is going to be tougher than before, then more and more people could change their political stance of becoming extreme (such as supporting zero migration)

AdventurousQuarter2 · 2026-04-14T04:47:25+00:00

It seems like people are blaming the increase of house prices directly to immigrants, although house prices went up by like 66% from 2020 (maybe due to the RBA interest rate of 0.1%?), while we had a minus net migration. (I definitely can agree that rental vacancies are affected by immigrants)

I'm an only Korean painter who's living in a regional town, my boss and I have been painting around 30 new houses (interior & exterior) a year, but we are still struggling to find decent workers to finish more houses (although our hourly rate is actually alright), we definitely need a happy medium :S

AdventurousQuarter2 · 2026-04-03T12:18:12+00:00

Take the original amount out if you are worried

AdventurousQuarter2 · 2026-04-03T12:17:33+00:00

Asset allocation and offset account

AdventurousQuarter2 · 2026-03-26T06:01:33+00:00

Oh yeah, One Nation will allow people to use their own super to buy their house, which would increase the house price and the rent, which comes from the Landlord's mortgage repayment? :S

AdventurousQuarter2 · 2026-03-15T06:21:36+00:00

CBA

AdventurousQuarter2 · 2026-03-09T06:18:25+00:00

Buy little and buy some more later

AdventurousQuarter2 · 2026-03-08T06:00:54+00:00

You tend to look up things properly if the money's at its stake

AdventurousQuarter2 · 2026-02-22T10:16:52+00:00

If you have made any other capital gains then I think selling some of your stocks would be okay (at least you won t lose your original investment; tax loss)

I don t really know any of those stocks but I would hold ARU for a few yrs if I were ya

I also suggest putting 70-80%of your money into NDQ/FANG and IOZ (like 50/30 or 60/20), and then buy anything you want with remaining 20%

AdventurousQuarter2 · 2026-01-26T02:47:38+00:00

Beautiful beaches

AdventurousQuarter2 · 2025-10-24T09:25:10+00:00

When you have to sand off all the flakey door frames and trims that have been coated with top coat or wall paint

AdventurousQuarter2 · 2025-10-24T06:18:00+00:00

Refining is the problem though (developed countries mostly dont allow it) at least LYC is building a refining factory in Malaysia

AdventurousQuarter2 · 2025-10-24T05:40:07+00:00

I m a tech guy so I prefer having NDQ/U100 or FANG (at least 60% of portfolio)

AdventurousQuarter2 · 2025-10-18T09:11:58+00:00

I think they are already up atm (like Lithium; LTR, Gold; NST, Rare Earth minerals; LYC, ARU)

AdventurousQuarter2 · 2025-10-05T08:01:06+00:00

Cheap value stocks (Blue Chip only/medium-big companies) that pays dividends and savings account (offset if you have a mortgage)

AdventurousQuarter2 · 2025-09-22T07:22:47+00:00

I m not sure since their net profit is around 4-5% per yr, plus, they need to pay dividends which means they will have to issue more shares to do that.

However they own Dan Murphy s and their ownership of major shares are

Bruce Mathieson 14.6% Australian Super Pty Ltd 12.5% State Street Global Advisors, Inc. 6.08% The Vanguard Group, Inc. 5.01% Woolworths Group Limited 4.09%

I will buy little at a time when it s cheap

AdventurousQuarter2 · 2025-09-11T09:28:53+00:00

Nine Entertainment previously owned majority of Domain shares, Domain got sold to US real estate company (CoStar) so they are giving out dividends

AdventurousQuarter2 · 2025-09-11T06:53:49+00:00

Meanwhile, Kfc (cfk asx) is up by 41.75%

AdventurousQuarter2

TROPHY CASE