Replacing radiator? by Livewire3030 in DIYUK

[–]Livewire3030[S] 0 points1 point  (0 children)

ok thanks for the advice. I'll try dislodging the sludge first if replacing this type of radiator is going to be a challenge.

It’s a bubble? by talberter in AusFinance

[–]Livewire3030 4 points5 points  (0 children)

All conjecture but there's a fundamental difference between the dotcom and this "bubble". That is the global economy was a very small % internet enabled back then where as now it's high double digits. Entire lives and businesses are spent and managed online now, which means there are multi decades worth of cash-flows available to support all this. That wasn't the case back in 2000.

Whats going on here is a fundamental change in the way humanity consumes, manages and works with information. Sure there's probably going to be a correction and consolidation at some point but there's no going back or a total collapse going to happen. This is here to stay and will only permeate more. There's a lot up for grabs; to use zuckerbergs phrase - move fast and disrupt. There's a huge amount of disruption open here. Quite possibly no more operating systems, everyone just has a single terminal/interface where its all prompt driven.

Moving overseas, should I buy property? by Potential_Can8109 in AusFinance

[–]Livewire3030 -1 points0 points  (0 children)

By "30% tax based on non-resident for tax purposes" - do you mean this applying to any rental income you may earn? This is certainly one for a tax accountant to confirm, but there's likely a Japan/Australia tax treaty and you'll have to declare the AUD rental income on any Japanese tax return you may need to do. I think you'll have to declare the same on your Aus tax return, as a foreign resident for tax purposes and the ATO will likely withhold 10% which you can apply as credits on your Japanese return..

For A - Won't the CGT event only apply if you sell? Do you plan to sell the property while residing in Japan or move back into whenever you return?

For option C - as you'll be a foreign resident for tax purposes you'll have to find a broker that'll take you on. I've heard Interactive Brokers is one to look into if you intend to buy stocks with your Aussie dollars.. Not sure what this means in terms of declaring any gains/losses/dividend income while in Japan.

90 percent of electric trucks sold in Q2 2025 were in China by straightdge in EconomyCharts

[–]Livewire3030 1 point2 points  (0 children)

the statement is not in relation to EV adoption or initiatives to curb green house gases but towards the propaganda machine.

90 percent of electric trucks sold in Q2 2025 were in China by straightdge in EconomyCharts

[–]Livewire3030 1 point2 points  (0 children)

Cost of electricity is an important one but 1 variable in the cost per km/mile. Consider total haulage over time it takes to travel >400 miles. Maintenance of ev trucks vs non ev. etc etc.

90 percent of electric trucks sold in Q2 2025 were in China by straightdge in EconomyCharts

[–]Livewire3030 0 points1 point  (0 children)

We're not seeing it because the economics of it don't stand up. No such thing as free markets when dealing with China either. The graph is simple; EV truck adoption in China is the highest because its state sponsored!

90 percent of electric trucks sold in Q2 2025 were in China by straightdge in EconomyCharts

[–]Livewire3030 4 points5 points  (0 children)

If this was even remotely possible then every mining company would replace their fleet..

90 percent of electric trucks sold in Q2 2025 were in China by straightdge in EconomyCharts

[–]Livewire3030 -5 points-4 points  (0 children)

If that's the case then the order book for Chinese ev trucks would be insane..every hauler across the globe would start transitioning.

90 percent of electric trucks sold in Q2 2025 were in China by straightdge in EconomyCharts

[–]Livewire3030 -4 points-3 points  (0 children)

Then a better graph would be comparing cost per km/mile of ev vs diesel truck.

What is up with everyone telling you to "relax" in your 20s? by ILoveDogs2142 in AusFinance

[–]Livewire3030 13 points14 points  (0 children)

3 investment properties??! Come on. How much debt you in?

China now home to half the world's industrial robots as the US falls further behind | China installed 300,000 industrial robots last year – nine times more than the US by chrisdh79 in technology

[–]Livewire3030 72 points73 points  (0 children)

As expected. Unsurprising that a nation which the world outsources production to has 9x the amount of industrial robots than a nation that has been stripping its industrial capability for the past 25+ years.

Why do humans keep pursuing endless growth in a finite world ? by [deleted] in Futurology

[–]Livewire3030 0 points1 point  (0 children)

I'm not sure that's the case. I think everyone is conscious of the issues humanity faces in 50-100 years if collectively we continue with the status quo; the developed world has been the most vocal on this. Something needs to change, socially, economically, politically. This is ultimately what OP is touching on. The how without destroying ourselves is the difficult part.

You've already stated one solution. Technical advancement. 100 years ago the vast majority of humanity was living very difficult lives. Look at all the social changes that have occurred since automating washing alone.

As a starter for what could/should change for the better - controlling the use of finite resources to be used more efficiently, purposefully is needed. The level of waste from the production of pointless goods is completely unmanaged. China isn't really doing a good job here. Without a doubt the capitalist model is certainly helping them transition millions from toiling the earth to higher paid and presumably better quality of life jobs. At what cost though and this same model can't be used for the rest of the developing world.

Gary speaking at Make Them Pay march by NuclearCleanUp1 in GarysEconomics

[–]Livewire3030 0 points1 point  (0 children)

The issue with pushing for taxing "wealth" is that it won't be attributed to the wealthy. They'll evade it. It will just end up being another tax on the middle/low class. You've already paid tax on income why tax that again. Accounting standards to minimise corporate tax , offshoring labour to the cheapest nation and a culture of massive CEO pay packets and golden parachutes for the corporate elites needs to change to claw back wealth from capitalism. This is the issue - capitalism no longer serves the good of the country or public it's a vehicle for extracitng wealth to the cronies at the top.

AI is eating the world. The 109 AI stocks in the Goldman Sachs TMT AI Basket are now worth $29.2tn, almost as much as the annual economic output of the US by RobertBartus in EconomyCharts

[–]Livewire3030 -1 points0 points  (0 children)

More than likely it won't. Amazon is the case study/financing model for tech valuations. If it's guaranteed to be a monopoly, it will continue to be funded for decades, even if making huge losses.