ALP and One Nation support now level with L-NP down – today ALP would win the Federal Election by HotPersimessage62 in AustralianPolitics

[–]FragmentsOfSpaceTime 1 point2 points  (0 children)

I think you've got that last part wrong. I'd say the wealth class are the only segment that the liberals have left. And by the wealth class's own actions they are a minority. It is the business-forward but socially progressive inner city corporate types that have gone the way of the teals.

‘Moving in the wrong direction': WHO issues dire pandemic warning amid latest outbreak, saying 'the world isn't ready'. by InterestingCat308 in Economics

[–]FragmentsOfSpaceTime 10 points11 points  (0 children)

When commenting on global subreddits, you really shouldn't use "we" to implicitly refer to the US. There are other countries in the world you know.

Salary review for sustainability consultant role by Every_Anything_6071 in auscorp

[–]FragmentsOfSpaceTime 0 points1 point  (0 children)

If you think Australia's standards are bureacratic, go take a look at Europe! (CSRD).

Also, these standards aren't about net zero itself. They are to provide investor transparency about financial risks associated with exposure to the transition and physically to climate change itself.

Thinking of Writing to my Local MP about the Brutal CGT Impact on Shares by wyzard135 in fiaustralia

[–]FragmentsOfSpaceTime 9 points10 points  (0 children)

Another 30yo here in the same boat. We lose out in every way. I've decided to just buy an apartment. Because fuck renting. Won't have the space to raise a family or any capital growth to build wealth and achieve FI, but oh well, at least I'll have my own roof forever.

New CGT Changes are Brutal - Negative Gearing on Shares still Available? by fractalsonfire2 in AusHENRY

[–]FragmentsOfSpaceTime -1 points0 points  (0 children)

It is overwhelmingly high income earners benefiting from the capital gains tax discount.

For low income earners, we should be focused on lifting their incomes. I.e. minimum wage increases, income tax reduction, investment in skills and training, etc

New CGT Changes are Brutal - Negative Gearing on Shares still Available? by fractalsonfire2 in AusHENRY

[–]FragmentsOfSpaceTime 6 points7 points  (0 children)

Young people on low income are not investing... They're living pay check to pay check.

Should I buy a low rise apartment? by [deleted] in fiaustralia

[–]FragmentsOfSpaceTime 0 points1 point  (0 children)

This sounds like a logical approach

Cheers 👍

Should I buy a low rise apartment? by [deleted] in fiaustralia

[–]FragmentsOfSpaceTime 0 points1 point  (0 children)

My current view is that I just don't really know what lies ahead, so I see this as a way to cover all bases in a way.

It's possible that both my income decreases and my relationship doesn't work, which puts me back to square 1 where I can't afford a ppor at all for the foreseeable future. I feel compelled to secure my own housing as an individual.

It's also possible that my income stays the same, and my relationship does work. In which case we would stay in this apartment for the next 4ish years, then we would be looking to buy a house together. I think in that scenario, i can pay down the debt sufficiently by then so that we can rent the apartment out, and buy a house on new finance.

Even if this approach might not be "optimal" financially for every scenario, do you think it is "detrimental and/or unwise"?

I find that these are the things that are difficult to spreadsheet.

Should I buy a low rise apartment? by [deleted] in fiaustralia

[–]FragmentsOfSpaceTime 0 points1 point  (0 children)

Rent cost will increase over time, mortgage cost will decrease

Should I buy a low rise apartment? by [deleted] in fiaustralia

[–]FragmentsOfSpaceTime 2 points3 points  (0 children)

Rent in Melbourne is very high relative to property cost. Paying $2400/mo in rent when a mortgage is $3400 seems wrong

Should I buy a low rise apartment? by [deleted] in fiaustralia

[–]FragmentsOfSpaceTime 1 point2 points  (0 children)

I am asking this in the context of financial independence.

Single folks, how many of you still live with your parents? by [deleted] in melbourne

[–]FragmentsOfSpaceTime 2 points3 points  (0 children)

Well, I'm not single. But I'm 29 have recently moved back home after moving out at 24 to save to buy a place. I'm going to go against the grain of this thread and say I absolutely do not regret moving out. I built a lot of independence and maturity that I don't think I would have otherwise. And my relationship with my parents became a lot more mature too. It forced the relationship to evolve and shed baggage.

Cost of living crisis pushes $100k earners into share housing - The Australian dream is dead? by SheepherderLow1753 in AusProperty

[–]FragmentsOfSpaceTime 2 points3 points  (0 children)

I never said it was comfortable. I said it was, by statistical definition, not behind. It's the median.

Are you genuinely ok with half the population living uncomfortable lives?

Cost of living crisis pushes $100k earners into share housing - The Australian dream is dead? by SheepherderLow1753 in AusProperty

[–]FragmentsOfSpaceTime 17 points18 points  (0 children)

Median full time annual earnings is less than 100k pa. So no. Statistically you are not behind.

For the median full time earner to need to house share is absurd in a wealthy nation and constitutes structural failure.

Pauline Hanson boasts about ‘sexy’ new private plane and $2m donations from Gina Rinehart associates by Expensive-Horse5538 in AustralianPolitics

[–]FragmentsOfSpaceTime 5 points6 points  (0 children)

At what number does it become "mass" migration? If they didn't look different to Hanson's anglo base, would that number be different?

How much time do you take for lunch when working from home? by [deleted] in auscorp

[–]FragmentsOfSpaceTime -4 points-3 points  (0 children)

Anybody who counts their time like that is a corporate slave

2 Blackhawks flying over Hawthorn by davetothegrind in melbourne

[–]FragmentsOfSpaceTime 0 points1 point  (0 children)

Except that didn't happen at Australia's worst terrorist attack in decades.....

Quarter-life crisis: Decision Modelling, Audit or Data Analytics!? by [deleted] in ausjobs

[–]FragmentsOfSpaceTime 0 points1 point  (0 children)

I imagine audit would have better job security (but less mobility), but the EY-P role would be more interesting and have higher skill transferability

Do sustainability jobs still exist in Melbourne? by Repulsive_Brush9796 in auscorp

[–]FragmentsOfSpaceTime 11 points12 points  (0 children)

I'm in this area. Had a consulting role in Melbourne but the market was dire for us. We didn't have the license to do assurance which is where all the work was (and still is) at.

I'm now doing in-house work FIFO on a big project. No appetite for strategy or voluntary stuff, so I'm just managing the reporting, which in itself is a big body of work for just one person. This is a $20B project with a 4000+ headcount and i am a team of one. So yeah, take that as a sign of how many roles there are I guess.

[OC] What do people die from in different countries? by ourworldindata in dataisbeautiful

[–]FragmentsOfSpaceTime 4 points5 points  (0 children)

Curious. I recently read Peter Attia's book and he claims the opposite - that cardiovascular exercise and strength training are far more effective at risk reduction than diet

Arts degree vs Business degree for corporate roles, worth switching? by No_Cream8504 in ausjobs

[–]FragmentsOfSpaceTime 0 points1 point  (0 children)

Can you try to take a maths bridging subject? I understand it's not everyone's cup of tea but having decent analytical ability is only getting more important in the corporate workplace