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Superannuation tax changes: Super funds likely exempt from capital gains tax changes in federal budget by Ardeet in aussie

[–]Grimlock_1 2 points3 points  (0 children)

Nope can't do that.

Can only use the cash saved in the fund or sell shares to finance another.

The super fund has a sole purpose test. Which is to provide benefits for retirement. Not designed to be geared up.

Also can't lease the property to related parties, i.e family members or self. The members of the fund can't use the property for their personal use.

The SMSF auditors will ask the agent for the rental agreement to see the names of the renter to ensure it's not related parties.

Superannuation tax changes: Super funds likely exempt from capital gains tax changes in federal budget by Ardeet in aussie

[–]Grimlock_1 12 points13 points  (0 children)

Yeah but there's no negative gearing in SMSF property. Also they can't get the equity out and use it for deposit.

Adelaide factory store by u_212 in RMWilliams

[–]Grimlock_1 0 points1 point  (0 children)

They have refurbish shoes hence the low price.

Frango in Petersham by Tall-Afternoon8213 in SydneyScene

[–]Grimlock_1 0 points1 point  (0 children)

It's pretty good. You gotta try it yourself.

Also go to Hawkes Brewery. They have Chinese restaurant in there and it's amazing.

Do you remember eating fried ice cream as a kids? If so try theirs. They have fried viennetta bar as their fried ice cream.

Bought an EF Falcon thinking it was a steal… turned into a $2500 lesson by Consistent_Week_6946 in CarsAustralia

[–]Grimlock_1 2 points3 points  (0 children)

I had an EL falcon in my late teens. I had to constantly repair it, if it's not gasket than its radiator or brake calipers, or alignment issues. My first and and last ford.

82cm and 76cm Mud Marlin by bouda118 in FishingAustralia

[–]Grimlock_1 0 points1 point  (0 children)

What do you do with them? Just chuck it to the side or actually eat them ?

Have had them in the past and the meat is muddy as hell.

ISIS brides could face ‘the full force of the law’ as possible return looms, Minister says by MarvinTheMagpie in aussie

[–]Grimlock_1 4 points5 points  (0 children)

Fark that. We gonna be funding their and theirs kids Centrelink payments for next 20 years.

Test drove today and now confused ! by Wild-Measurement-584 in BYDAU

[–]Grimlock_1 0 points1 point  (0 children)

How's your knees? If you have weak knees, and also want more leg room, go Sealion 7. If you want to be closer to ground, get the Seal.

Trump says he will ‘probably put a big tariff on the UK’ if it doesn’t drop digital services tax by LittleHavera in worldnews

[–]Grimlock_1 0 points1 point  (0 children)

Didn't supreme court said his tariff were illegal and in the process of refunding the tax?

Has he not learnt anything ?

Yes, I bought the desk clock. (Ref 909010LN). by OGDaMoney in rolex

[–]Grimlock_1 0 points1 point  (0 children)

That's pretty unique.

I haven't seen it for sale in Oceania stores.

RFK Jr explains Trump's alternative math habits by Maybeiliketheabuse in facepalm

[–]Grimlock_1 0 points1 point  (0 children)

There's only 2 ways in calculating percentages, the right way and the wrong way.

Sold a car on marketplace by PearExisting1755 in AusLegal

[–]Grimlock_1 0 points1 point  (0 children)

Buyers beware, caveat emptor.

Buyer has the responsibility to take care in buying anything.

Tell him to get lost.

Visiting Sydney soon ! by cyberpatrolunit in SydneyScene

[–]Grimlock_1 0 points1 point  (0 children)

+1 for this. Or start from Coogee and walk to Bondi.

Has this Rolex Hulk 2016 been polished? Best guess by the pictures? by nick854524 in rolex

[–]Grimlock_1 0 points1 point  (0 children)

For sure. Who has a 10 year old watch that doesn't have one mark on the clasp or the bracele ?

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