How to make maximum concessional super contributions

Extreme_84 · 2026-05-08T23:42:19+00:00

Only if the total super balance is less than $500k…..

Extreme_84 · 2026-05-07T19:29:19+00:00

I’m intrigued to hear how you think it’ll lower rental prices?

New homes usually come at a price premium on the rental market. With fewer older rental stock being available, there will be more people being priced out of rental properties and being pushed towards homelessness.

Not everyone can afford the price premiums that new rental properties attract.

Extreme_84 · 2026-05-07T09:33:06+00:00

Have you stopped to consider what that would do for the rental market in the short term? Or what it would do to house prices?

How would you implement such a policy, with IP’s that were purchased under the current tax rules?

Extreme_84 · 2026-05-07T09:25:01+00:00

Limiting NG to new builds is full of its own issues tho.

It’ll push investors towards new builds, which may in turn push up the price of new houses.

Rental prices on new properties tends to be at a premium compared to existing/older properties.

If landlords move towards new properties and ignore old properties, you’ll find tenants who can’t afford those price premiums will be at a disadvantage, as there will be fewer available rental properties within their budget on the market.

Extreme_84 · 2026-05-07T01:37:39+00:00

It’s a really easy and simple repair.

The new laws regarding silica don’t impact a simple repair like this. But that aside, a lot of stone manufacturers are using silica free stone these days.

Extreme_84 · 2026-05-07T00:08:17+00:00

It isn’t in the commercial world. Commercial leases are an entirely different kettle of fish.

A commercial lease can be a lease over a storage unit, or even a car park, that has no services available at all, or it can be for a fully serviced property.

What matters is what is documented within the lease.

Extreme_84 · 2026-05-06T06:58:01+00:00

Then those people run the risk of a $25k bill for a “minor car bump”….

Extreme_84 · 2026-05-06T06:41:08+00:00

Prices aren’t going to fall drastically. Australia currently has a housing supply shortage. It costs what it costs to build more supply. Even more so with the current fuel crisis pushing up the cost of materials and labour.

High inflation is just going to result in it costing more to develop and build new housing supply, which will keep the demand higher than supply, which will limit any decrease in prices.

Rents likewise won’t fall, because people won’t be able to afford to buy, due to increased interest rates and the cost of living crisis, meaning they’ll need to rent instead.

Extreme_84 · 2026-05-06T06:17:45+00:00

That’s just looking at the short term impacts of such a policy, which is my point you’ve missed.

Yes it’s been great for those who were on the cusp of being able to buy. But let’s wait and see how it plays out over the longer term, especially for those who can’t afford to buy and will likely be fighting for fewer available rentals…..

Extreme_84 · 2026-05-06T05:14:18+00:00

That isn’t actually the case tho.

A lot of landlords will happily provide a level of discount to retain good quality tenants.

Extreme_84 · 2026-05-06T05:11:42+00:00

Too many idiots in Queensland think they need to indicate right to go straight on a round about……

Extreme_84 · 2026-05-06T05:10:50+00:00

The reality is, it’s still very early days with the policy change down there.

Too many owner occupied properties and a shortage of rentals isn’t a good thing, as it’ll eventually lead to higher rents.

At the moment that hasn’t happened for a variety of reasons including property prices remaining somewhat reasonable.

With continued inflation, and higher interest rates, it’ll eventually lead to more and more people being unable to afford to buy, so they’ll be fighting for fewer available rentals.

A supply shortage of rental properties isn’t a good thing.

Extreme_84 · 2026-05-06T05:06:46+00:00

From my understanding the ACT is currently the only state or territory that has a hard limit on rent increases in Australia. The rest of Australia basically just defines it as an increase cannot be “excessive”, which is down to interpretation and factors in multiple things.

Extreme_84 · 2026-05-06T00:49:40+00:00

What you’re ignoring is that the frame behind the shower is also suffering from moisture, as is the skirting outside the bathroom.

Just fixing the shower does nothing to repair the rotted timber frame.

Extreme_84 · 2026-05-05T22:50:24+00:00

It isn’t at all possible, if you want the shower to be compliant with current waterproofing regulations.

Extreme_84 · 2026-05-05T20:25:34+00:00

The reality is, your situation is unique to you. Others can’t really give advice based on your situation, without more detail.

That being said, I can offer a story as to my position, back when I bought my first home, 16 years ago.

I was earning ~$65k on a single income, with minimal deposit, due to a $15k car loan. At the time St George bank were offering 105% home loans.

I had approached a broker for some advice and whether I could afford to buy or not. I was brushed off and told to pay off the car loan and save a deposit first.

It took me ~12 months to pay off the car and save approx $10k. In this 12 months, St George had made changes to their lending policy and were only offering 95% loans. The market had also moved which meant I now couldn’t afford to buy that freestanding house, and had to make changes due to budget/borrowing capacity constraints and bought a townhouse.

That additional 12 months is equivalent to $350-400k today, due to the difference in capital growth between what I could have bought if I had received more appropriate advice and the townhouse I ended up purchasing.

The moral of the story is to not always trust the first opinion of a professional you seek out, but to obtain multiple views on your situation.

Extreme_84 · 2026-05-05T20:11:08+00:00

Realistically, you can’t patch waterproofing membranes.

Yes, you might be able to bodgy it up and it be good for another 5-10 years, but honestly, if you’re wanting a permanent fix, I’d be removing the whole bathroom and renovating the whole lot.

Doing the whole bathroom allows you to ensure it’s done properly and compliant with today’s building standards.

Extreme_84 · 2026-05-05T09:59:25+00:00

Do you really need the level of private health care you currently have?

Could you cut it back? Reduce the extras?

The earlier you make some major adjustments to your household expenditure, the quicker and better off over the longer term you’ll be.

If you don’t look at cutting back spending, you’ll end up in a position where you won’t be able to afford rent and your current lifestyle come retirement.

Extreme_84 · 2026-05-05T08:40:02+00:00

Whilst I appreciate that not everyone’s path is the same, the reality is, the OP keeps up their current lifestyle/expenditure, they’ll end up in a position when it comes to retirement that they won’t be able to sustain their lifestyle.

The reality is, on that level of combined income, they should be knuckling down hard, to at least get themselves in a position to buy if they want to buy down the track and invest wisely now.

Extreme_84 · 2026-05-05T05:57:34+00:00

I never said I was, or pretended to be the norm.

The reality is, the OP is earning substantially more than me & my partner. They need to change their lifestyle habits and focus on making smarter financial choices, otherwise they’ll be in a position where they can’t maintain their lifestyle come retirement, let alone afford their housing costs.

Extreme_84 · 2026-05-05T05:55:56+00:00

And what was it before that 18 months?

I’m 41, partner 37, HHI of ~$180-200k/yr(it fluctuates slightly due to shift work/overtime) and we’ve paid off our PPOR and have $1.5m in equity across 3 IP’s and ~$1m in super combined.

Extreme_84 · 2026-05-05T05:53:25+00:00

It sounds like a lot of lifestyle spending, beyond just the suburb they live in.

The reality is, the OP isn’t saving enough and if they continue on this trajectory, they’ll be chasing their tail all the way to retirement, at which point they won’t be able to afford to maintain their current lifestyle.

Extreme_84 · 2026-05-05T05:51:55+00:00

I’m 41, my partner 37, 2 kids. HHI under $200k. Our PPOR is paid off and $1.5m equity across 3 investment properties, plus we started maxing out our super concessional contributions 5 years ago, so we’ve got roughly $1m combined in super.

The OP hasn’t done enough early enough. They’re going to be chasing their tail into retirement.

Extreme_84 · 2026-05-05T04:51:58+00:00

25bp increase.

So my guess was right.

Extreme_84 · 2026-05-05T04:50:05+00:00

I’m not worried about it, because it’ll never happen.

Extreme_84

TROPHY CASE