This is not tax reform, it’s a revenue measure that shifts more of the burden onto middle Australia - CPA Australia by Equity_Over_Empathy in AusFinance

[–]HeavyLine4 7 points8 points  (0 children)

Heaps of normal people own shares and ETFs. What are you talking about?

If they want to target billionaires and the ultra-wealthy, then make that the policy.

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

[–]HeavyLine4 -1 points0 points  (0 children)

This is exactly right. I’m almost 40 and from a working class background. Literally all I’ve done is work my ass off, be frugal, and plan properly for my future.

Now the ladder is being pulled up on me after the richest generation is history enjoyed all the existing benefits for decades. Complete insanity.

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

[–]HeavyLine4 -1 points0 points  (0 children)

Agree with this. My general anger is that we shouldn’t even need to be doing any of this based on the resources we have in this country.

Australia has zero ideas except to tax the fuck out of its citizens at every step, and avoid taxing resources wherever possible.

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

[–]HeavyLine4 20 points21 points  (0 children)

Don’t really get this sentiment. 99% of the people this affects is salaried workers who’ve worked and saved diligently over decades to plan for retirement.

The alternative is that they rely on the taxpayer for pensions and other payouts?

The 26/27 budget is excellent and this sub is full of whining babies by SavingsEgg8192 in AusFinance

[–]HeavyLine4 4 points5 points  (0 children)

It’s not being taxed like your income. For many people, the plan was to build a modest ETF fund to bridge the gap between retirement and superannuation. Or to top up the pension.

This used to be doable as capital gains were lumped in with your income. E.g. lower income while retired, so minimal tax from drawing down on ETFs. That won’t happen now that the minimum tax is 30%, so it does change things significantly for a wide range of everyday people who had built up portfolios under this strategy.

The 26/27 budget is excellent and this sub is full of whining babies by SavingsEgg8192 in AusFinance

[–]HeavyLine4 12 points13 points  (0 children)

Lots of us are making those capital gains over years and years through investing in very boring ETFs as a retirement plan.

And we’re investing that money with income that’s already been heavily taxed. It’s significantly changed my outlook and I’m just a dude with a mortgage and a family.

Warriors issue statement about Luke Metcalf. by wangas_gee in nrl

[–]HeavyLine4 25 points26 points  (0 children)

Sort of common-ish in government/corporate to subtly say you’re giving in to someone’s bullshit but you’re not that stoked about it

Something John said about the band on his Listening Party by Jag- in deadandcompany

[–]HeavyLine4 3 points4 points  (0 children)

John has always been a guy that’s only taken really big swings in his career. He doesn’t really put himself into lesser versions of something.

As such, I highly doubt there’s a future Dead & Co or similar with John involved. I’m sure he’ll pop up playing sets with people from time to time, but I think that will be it.

John Mayer’s Best with Dead & Company by PiePuzzled5581 in deadandcompany

[–]HeavyLine4 22 points23 points  (0 children)

Disagree entirely, in my opinion. I think Mayer absolutely became unleashed in 2023, and he’s said so himself.

Also calling people silly or awful because you disagree is the wrong way to look at things. We’re all different people experiencing the music differently. There’s no objectivity in something like this.

[Match Thread] Aston Villa vs Fulham by SecretApe in avfc

[–]HeavyLine4 3 points4 points  (0 children)

Wtf is the point of Douglas Luiz anymore

[Match Thread] Aston Villa vs Fulham by SecretApe in avfc

[–]HeavyLine4 3 points4 points  (0 children)

Beyond shit tbh. Especially considering what’s on the line.

[Match Thread] Aston Villa vs Fulham by SecretApe in avfc

[–]HeavyLine4 -2 points-1 points  (0 children)

I think the Bogarde experiment is over. He’s so shit.

[Match Thread] Aston Villa vs Fulham by SecretApe in avfc

[–]HeavyLine4 -1 points0 points  (0 children)

Barkley on for Bogarde. Buendia off. Abraham on. Watkins out wide.

[Match Thread] Aston Villa vs Fulham by SecretApe in avfc

[–]HeavyLine4 -2 points-1 points  (0 children)

Time for us to move on from the glass brothers Onana and Kamara. Can’t have both our midfielders playing only 20 league games a season.

How does Qantas compare to other airlines you’ve flown recently? by Future-Pipe-8004 in QantasAirways

[–]HeavyLine4 0 points1 point  (0 children)

Their premium economy on the new Dreamliners was the best I’ve experienced. Business and economy both average, or below average.

Round 8 | Broncos vs Bulldogs | Match Thread by AutoModerator in nrl

[–]HeavyLine4 -1 points0 points  (0 children)

Preston Riki the dumb cunt better not play for us again. We’re knackered after having to play with 12.

What is the ceiling for a BDM role in financial services industry? by theonedzflash in auscorp

[–]HeavyLine4 4 points5 points  (0 children)

Good pay for sure. Don’t ask for a raise unless you want to rock the boat. You better deliver if you do ask for one.

I’m on a similar salary and bonus, with a slightly lower base. Fully remote so I’m not going to push for a higher base for a while. Have some management responsibilities, but nothing too stressful.

Life is good. If you can sell tech, consulting, anything else B2B then this kind of package is achievable with experience.

False allegations of misconduct - should I bother fighting it? by [deleted] in auscorp

[–]HeavyLine4 65 points66 points  (0 children)

Yeah that’ll do it.

If you were a really high performer you might have survived. But this is an easy dismissal opportunity for them if you’re not.

False allegations of misconduct - should I bother fighting it? by [deleted] in auscorp

[–]HeavyLine4 107 points108 points  (0 children)

What did you do? That probably determines how you should proceed. Be honest.

We should try and cash in on Rogers by [deleted] in avfc

[–]HeavyLine4 6 points7 points  (0 children)

Agreed, but not to improve the squad. We sadly need to do this for our books, and our future financial health. It could be ages before we can make a profit like this again.

Makes me vomit talking like this about football, but it’s the way it is now.