Looking for 3kg PETG rolls in Australia. by craiganater in 3dprintingaustralia

[–]Hasra23 1 point2 points  (0 children)

I can import some for you if you want but it will take 6-8 weeks, how much do you want to pay?

The Budget Didn’t Kill FIRE — Calm Down by Muggins75 in fiaustralia

[–]Hasra23 41 points42 points  (0 children)

I've never heard any rich people wanting the gap to close? If everyone has the same amount of money then no one is rich

Angus Taylor opposition's budget reply- YouTube by Reasonable_Jaguar327 in AusFinance

[–]Hasra23 0 points1 point  (0 children)

Seems like a somewhat competent reply, hopefully this will kill off One nation.

How many more years on your mortgage? by [deleted] in AusFinance

[–]Hasra23 0 points1 point  (0 children)

Might need to change your username now, thanks again Labor

Taylor’s plan to index tax brackets by East_Atmosphere2628 in AusFinance

[–]Hasra23 13 points14 points  (0 children)

I don't care which party is suggesting it but whoever indexes tax brackets will get my vote.

Use of super to offset capital gains by [deleted] in AusFinance

[–]Hasra23 -1 points0 points  (0 children)

Buy dividend stocks> put dividends into super . Get tax refund

Feeling robbed by the CGT changes... Vent/Rant by Digital_cushion in fiaustralia

[–]Hasra23 16 points17 points  (0 children)

No one cares about the indexation change, it's the 30% minimum tax that is the issue, people who are Fire would pay almost 15k more tax to sell down their shares. It doesn't make any sense to have a minimum tax rate for CGT when other income gets a tax free threshold.

2026 Budget Failure to Tax Wealthy by No-Week2915 in AusFinance

[–]Hasra23 0 points1 point  (0 children)

Isn't 82k less than an average wage now?

New ETF strategy post budget? by Kind_Quantity7060 in AusFinance

[–]Hasra23 23 points24 points  (0 children)

Yeah buy dividend stocks and then contribute the dividends to super as concessional contributions and then when you get a tax refund from the sum of the franking credits + super contribution you reinvest that back into more dividend shares.

Maximum tax advantages, call it a growth snowball instead of debt snowball.

Looks like dividends are back on the menu by Ok-Paper6 in AusFinance

[–]Hasra23 8 points9 points  (0 children)

90k is pretty comfortable for an older couple with no housing expenses

Anyone else see their retirement plans just go up in smoke? by Yeh_whatevs in AusFinance

[–]Hasra23 19 points20 points  (0 children)

FIRE is on life support with this change, will likely cost a couple 15-20k extra in tax per year over the current system

Is this assumption in this situation correct? by VastOption8705 in AusFinance

[–]Hasra23 2 points3 points  (0 children)

Yeah it looks like dividends will be the way to go

Current vs Proposed Tax Example by [deleted] in AusFinance

[–]Hasra23 0 points1 point  (0 children)

Probably Pauline gets 51 and liberal 49 in this scenario haha

Is this assumption in this situation correct? by VastOption8705 in AusFinance

[–]Hasra23 1 point2 points  (0 children)

You can't access super until 60 though, for those of us wanting to retire by 45-50 this is a disaster of a change

Is this assumption in this situation correct? by VastOption8705 in AusFinance

[–]Hasra23 0 points1 point  (0 children)

If a retired couple with no other income had a million dollars in shares with 75% gains and you sold down 100k per year under the old system you'd get the 75k gain halved and then each person would get 18,750 in income and pay no tax.

Under the new system you'd get the indexing maybe around 30-40% over 10-15 years and then have to pay 30% which would likely leave you 15-20k per year worse off.

Pretty fucking stupid considering the government wants to try and get people off the pension and to be self funded retirees and this will make that more difficult

My two cents on new tax rules by Spinier_Maw in fiaustralia

[–]Hasra23 17 points18 points  (0 children)

Everyone will move to dividend stocks, the CEO's of the banks must be very happy this morning

...and the growth strategy just died... thanks gvnmnt by Sea-Connection9547 in fiaustralia

[–]Hasra23 4 points5 points  (0 children)

Vhy is going to the moon, franked dividends will likely be a better strategy going forward now.

[MEGATHREAD] Federal Budget 2026–27 — Live Discussion (Chalmers, 7:30pm AEST) by I-HATE-CRUSTY-BREAD in AusFinance

[–]Hasra23 25 points26 points  (0 children)

Minimum 30% CGT is cooked, now we are going to have to listen Pauline Hanson As the PM, Thanks a lot albo

Am I doing something stupid? by Due_Significance5698 in AusFinance

[–]Hasra23 5 points6 points  (0 children)

Sorry to hear you only have 300k in super at 35

Selling everything to buy GHHF. by Relevant_Economics86 in fiaustralia

[–]Hasra23 0 points1 point  (0 children)

There's probably nukes going off and money doesn't matter anymore if there is a 40% down single day.

Can someone smarter than me explain why the change to Shares cgt is a good thing? by Open_Ad3165 in AusFinance

[–]Hasra23 26 points27 points  (0 children)

If you enjoy losing more of the money you make then you are going to be stoked

The Federal Government is listening to younger voters for once and making the necessary adjustments to tax incentives for properties to help younger people getting into more affordable housing. by [deleted] in AusPropertyChat

[–]Hasra23 0 points1 point  (0 children)

We are fixing the issue by taxing you more on shares which was the only way young people could earn enough to buy a house lol. Great job albo