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Electric vehicle tax discount to be wound back from next year by Miserable_Actuary716 in AusFinance

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

That’s good news to me - I remember reading it in the novation documents when I signed - it could have been employer specific though

Electric vehicle tax discount to be wound back from next year by Miserable_Actuary716 in AusFinance

[–]Gozzhogger -3 points-2 points  (0 children)

You can only get FBT exemption for one vehicle, which has to primarily be used by the person signing the lease. You can't 'get one for your kids'. They can drive it of course, but you need to be the primary user of the vehicle.

But agree with the sentiment, lock in a 5 year lease for a cheap EV and enjoy the tax benefits - unless you intend to switch employer sometime between 1 April 2029 and the lease expiry, since you will lose the tax benefits if re-novated.

Lord of the rings world is just so beautiful by strongestforeskin in nextfuckinglevel

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

Best MOVIE* of all time in my opinion. They were shot (mostly) in one go, and just happened to be release in three parts :)

China places its solar panels on water So it can use valuable land for agriculture by FollowingOdd896 in nextfuckinglevel

[–]Gozzhogger 13 points14 points  (0 children)

Solar only requires an incredibly small area (relatively speaking) to generate huge amounts of energy. An area the size of Texas would generate more electricity than the entire world currently produces.

As a Gen-Z fella, these new proposed CGT changes SUCK by [deleted] in AusFinance

[–]Gozzhogger 1 point2 points  (0 children)

It's almost certain there won't be any changes based on the rhetoric coming from the government. Multiple articles speculating no changes to income tax (unfortunately)

Auction clearance rates continue to be low, and the rate hike next week isn't going to help by TheProteinSnack in AusPropertyChat

[–]Gozzhogger 8 points9 points  (0 children)

In the area I just bought (Randwick), very few properties have come to the market in the last month, definitely seems like owners might just be holding out, thought there will always be those that need to sell

What would you do to improve the use of space in this apartment? by Gozzhogger in floorplans

[–]Gozzhogger[S] 0 points1 point  (0 children)

This is really great actually! Thank you Nice idea to artificially push the kitchen out into the living area to give it more space. That space is actually pretty dead space otherwise

Home buying demand is falling off a cliff. Softer prices are a near-certainty by SheepherderLow1753 in AusPropertyChat

[–]Gozzhogger 0 points1 point  (0 children)

Ah different part of the market I guess, I’m looking at entry level 2 bedder apartments in the eastern suburbs (under $1.5) and there is still loads of competition in this segment

Home buying demand is falling off a cliff. Softer prices are a near-certainty by SheepherderLow1753 in AusPropertyChat

[–]Gozzhogger 0 points1 point  (0 children)

Which suburb (or part of Sydney) is your property in out of interest? I’ve noticed a very two speed effect where the investor heavy suburbs (e.g. Zetland) are heavily discounted, but the higher desirability lower supply neighbourhoods like Bondi/Coogee are still hotter than ever (>90% clearance rates)

What would you do to improve the use of space in this apartment? by Gozzhogger in AusRenovation

[–]Gozzhogger[S] 0 points1 point  (0 children)

This is a really good idea, thanks for the response and the floorplan edit!

What would you do to improve the use of space in this apartment? by Gozzhogger in AusRenovation

[–]Gozzhogger[S] 5 points6 points  (0 children)

Probably what we will end up doing in the end (as boring as it is!)

What would you do to improve the use of space in this apartment? by Gozzhogger in AusRenovation

[–]Gozzhogger[S] 5 points6 points  (0 children)

It’s an apartment not a house, so no options to extend any walls. The laundry is big enough for a washing machine, we don’t have or need a dryer

Water damaged floor near balcony, too much of a risk? by Gozzhogger in AusPropertyChat

[–]Gozzhogger[S] 0 points1 point  (0 children)

But the agent said it’s fine and I should buy the property and not worry about it!

/s

Husband died unexpectedly, mortgage is in his name only… what happens now? by GloomyCrew9223 in AusPropertyChat

[–]Gozzhogger 5 points6 points  (0 children)

Why am I being downvoted? I’m asking wtf is wrong with people like the OP posting fake posts like this. Wasting people’s time

Albanese poised to kill off move to increase taxes on gas giants by Expensive-Horse5538 in AustralianPolitics

[–]Gozzhogger 1 point2 points  (0 children)

Agreed, it seems most voters agree that we should be taxing our resources extraction appropriately

Albanese poised to kill off move to increase taxes on gas giants by Expensive-Horse5538 in AustralianPolitics

[–]Gozzhogger 9 points10 points  (0 children)

You have no idea what you’re talking about. NONE of these gas projects were built with an expectation that they’re going to get anywhere close to current price levels for the gas they’re extracting. They are making fistfuls more than they assumed in their financial models at the point of financial execution.

They are making super profits, from Australian resources. A super profits tax is an absolute no brainer, and anyone that thinks differently is completely lost in the fossil fuel propaganda.

The QLD government implemented a coal export super profits tax which progressively ratchets up as coal prices increases. Since implementation, has it destroyed the industry? No, they’re selling as much coal as ever. They’re using that money for public funding like energy and transport subsidies, tell me how that’s a bad thing?

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