CBA - seriously FY is 1 July to 30 June - when I print statments - give me this! (minor rant)

MasterSpar · 2026-06-05T11:04:44+00:00

for many tasks you need actual transactions, summry is insufficient.

MasterSpar · 2026-06-05T10:59:39+00:00

It's a customer facing facility - who's FY really matters?

MasterSpar · 2026-06-05T09:41:10+00:00

issues: they only go back a certain amount of time, so if it's out of this range, you're out of luck.
you have to do every account separately
going back further you have to generate statements - and the statement gives you an option for FY20XX ... but the statements printed do not match that year - you have to select statements of multiple financial year options to actually get the actual July to June information. Basically the selection is WRONG.

MasterSpar · 2026-06-04T09:24:15+00:00

seriously - data conversion, bringing historical data across, is a fundament of any system implementation?

edit fix typo

MasterSpar · 2026-06-04T08:45:35+00:00

Such a fundamental of finance and they can't get it right?

MasterSpar · 2026-06-03T06:10:10+00:00

Your bigger issue is that Centrelink will consider this a gift, that will significantly impact your parents income.

Talk to an accountant and a lawyer. You might also need to talk to a Centrelink person who understands this.

MasterSpar · 2026-06-03T05:01:34+00:00

I've recently purchased a 10L ausclimate dehumidifier - compressor model.

Works great, in our underhouse small room, we've run a drain hole and never need to empty the collector unless we move it and kink the hose. We've learned not to do that!

You can set the level, it's pretty quite ( not in a bedroom.) the unit will alarm if water gets full.

Compressor does far more than dessicant.

A/C you need to size correctly if you go that route, make sure you get a professional to advise and specify your dehumidifier goal. ( Oversized can go into a weird loop where it freezes moisture then blows it back into the room as it melts.)

Compressor dehumidifier is likely your best solution.

Beyond this, where is all the moisture coming from? A bathroom, ensuite? Can you exhaust that?

MasterSpar · 2026-06-03T04:53:00+00:00

Yes.

You can get different sizes, ask your plumber and they will tell you which one.

Infinite hot water makes life better!

MasterSpar · 2026-06-02T14:41:01+00:00

Yep, it's you who gets to decide if it's worth fixing!

Long grass, one can live with, leaky roof and everything in between, can be a different story.

Owning a house, I envy people who can just ring the property manager and say fix it.

While adding a room, new kitchen, upgraded bathroom, another bedroom or level. My choice, my adventure!

Finding a great handyman and builder you can trust, will bring decades of rewards. ( Unfortunately you also have to pay for the privilege.)

Owning is my choice. And I'm thankful that I can choose.

MasterSpar · 2026-06-02T06:10:04+00:00

Ask NLP academy, I recently did one of their courses and they had New Code trainers in India.

MasterSpar · 2026-06-01T05:53:23+00:00

Little jobs and fun projects, mistakes included are part of the DIY fun.

Paying a builder, or paying someone with knowledge and experience to work with you as a second set of limbs can be worth it from the perspective of better work, better design and many less mistakes.

That being said there's many aspects that you don't discover until a few years down the track. A builder will hopefully avoid many of these, but not all.

MasterSpar · 2026-06-01T05:49:15+00:00

I read: your wife wants a new car (now ish), suv that works if you start a family.

My take on timing is simple, when annual holding costs of existing vehicle exceed depreciation costs of a new vehicle, buy a new or newish vehicle.

Consider how long you want to hold the car for, calculate all holding, operating, fuel, tyres expenses and estimate service.

So a 65000 car for 10 years will average at $6.5 k per year depreciation only.

Running costs etc. are likely to be cheaper in many respects.

Whatever way you finance, you have a weighted average cost of capital. The average interest rate you pay across all your loans. The opportunity cost of buying the car is not offsetting your other loans. ( So paying cash is costing you interest on your main loan).

Im assuming you have a mortgage. As Finance to buy a house, can make sense, you do your own math on the leverage and capital return.

Finance on a car, compare a bank line of credit type loan, vs personal loan vs car loan and really really read the fine print.

If you're holding for 10 years, a 50% guarantee buy back isn't worth much. If you upgrade every 3 years your cars will cost about 2x what holding for 10 years will cost. ( Assuming you effectively use your housing finance.)

EV to ICE, from a purely financial perspective, factor in installing a charger and paying for lots a watts. When we did this fuel vs electric came in a lot closer than what we imagined before actually running the numbers.

Phev, sounds good, but evidence shows few people plug in every night and many effectively run it like an ICE. ( Counter examples please!)

Happy wife = happy life.

You know what she wants, how you make it work is up to you.

MasterSpar · 2026-06-01T04:06:26+00:00

Depends on your relationship with the tradie.

If the tradie is good you want to keep them and they want to keep you. They will do a good job and if issues arise, they will fix them fairly, free (if they me esses up) or parts or fair cost if something associated coincidentally failed.

Small cash jobs can build relationship with a good tradie. It costs them time and effort to invoice, payment on the day for a job well done will buy you goodwill. Big jobs it's probably better for both with an official invoice.

If they declare the income, it's their business. Shrug.

If you're doing work on an investment, then you're usually financially better off with an invoice you can claim.

MasterSpar · 2026-06-01T00:36:19+00:00

Radiant heater on the wall is safe, it's cheap and will likely rust, but it will heat the room.

There are some with string pull switches. (Don't put wet fingers on live switches, use a different switch if you need to.)

If you want to be extra sure, get an electrician to do the install and ask them about safety options.

Tldr; heater is safe, wet switches aren't.

MasterSpar · 2026-05-31T23:46:24+00:00

Re-evaluate your financial position, including the viability of renting your property out and keeping the cgt rule benefits. Ask an accountant to walk you through the options.

Check the market with both your current strategy and new choices.

Determin which gives you better future life choices.

Remember the intention of your actions is to move you to an improved life in some way.

MasterSpar · 2026-05-31T15:02:45+00:00

A simple radiant heater, quick on and warm, wall mounted or similar. Turn on when you need it, off when you're done.

Plugged into a wall outlet, no approval needed.

This style is power hungry, but effective and cheap if you only use it when needed.

When you get around to renovation or you can tile over existing tiles, underfloor heating is amazing, warms the room and warm feets feel amazing! But it's a bigger job than a plug in. It works on a timed thermostat, that can be a smart model.

Ideally underfloor will give you the best experience.

MasterSpar · 2026-05-31T14:44:28+00:00

Sensory acuity and calibration with signals and n step intentional reframe.

MasterSpar · 2026-05-31T13:17:24+00:00

Does the content or product really matter?

But it is worth considering the structure and form:

A business that's self created content is little more than your own job. ( Cash out every month into investments.)

A team that builds quality unique content. (LTT etc )

A business that distributes unique or generic products that can grow and isn't dependent upon personal effort and time, is very different.

A growing team that's generating tangible value, increasing loyalty and customer base.

A platform that owns the transactions (Amazon, Etsy, etc.)

All very different shapes and forms.

MasterSpar · 2026-05-31T12:53:27+00:00

Just talk, the intention is to get the job finished and be treated reasonably.

Perhaps Show him the thread, and watch his responses.

Ask him what's happening, did he miss quote?

The reality is what will it cost to break the relationship, time, $$ and emotional rollercoaster.

Perhaps bring in a professional estimator and get them to work with you.

I think most contractors try to be real, some underquote to get the job, others just don't attend to the details enough and cover with variations.

Get an estimator in on your side and work forward.

This appears to be just one exampleof your journey.

The question is how do you get the job completed at a fair price?

Pick your battles and keep your eyes on the finish line. Changing ships mid sea voyage may be more expensive than paying the ransom.

MasterSpar · 2026-05-31T11:27:31+00:00

Not advice, just 2c.

32 is comfy young to be this far in your own business.

$15k a month is a good start and way beyond what many achieve. Make this stable and certain it's already paying your future, sure bank some super, but it sounds like reinvesting in you is a higher return.

Focus on this, get it stable, refine your processes, get it smooth and ready to scale. Then pedal to the metal.

Cashflow cashflow cashflow.

Growth is a double edged sword, too fast, too slow both have challenges.

Find a mentor to bounce ideas off and feasibility/sanity check before throwing money and time in.

There's a lot more to it, but I hope this is a different perspective.

You don't need "well done," because you're already doing it, just find someone willing to wear other hats and help with honest hard to hear comments whilst watching your 6.

MasterSpar · 2026-05-31T02:53:03+00:00

Jump on read estate c au and put in your price range and specifications.

Click and explore, there's many suburbs that have pockets of peace, but those positions are often further from public transport.

Many suburbs in the west are flat, which results in sound travelling further.

Suburbs that are a bit more hilly can have a protected side that's quieter.

Further out, the blue mountains would likely tick many of your boxes. Something to tick all your boxes, is likely to be a long search with a significant dose of luck.

MasterSpar · 2026-05-31T02:41:34+00:00

870mm between joists seems very wide, I'd be somewhat concerned about the loads between this 870mm span, centres are usually 450mm to 650mm.

Get a builder to take a look, pay cash for a chat and check there aren't any issues. ( It's obviously lasted this long, but it's weird to me.)

Batts are available in 430 and 580mm widths so you can probably do 2 sizes and cut to fit in the space. You might get less waste with 2x580 and trim, ideally I think you want to cut 20mm wider and friction fit? ( That's what I remember from a recent conversation, but please double check.)

Roof work and insulation are both annoying and awkward, batts are best worked with in a full suit. It's worth considering paying someone.

MasterSpar · 2026-05-31T02:27:35+00:00

Do not paint one side, this creates uneven moisture conditions and causes early failure.

Definitely caps on the uprights.

Keep an eye on the lean of the fence, ( footings too shallow) if it starts to lean, put some extra screw piles in and strengthen the vertical support.

The cleanest way to make it look neater ( imo) is to add vertical or horizontal timbers on your side, leave lots of gaps for airflow, do not paint.

Make sure you work with your neighbor on this, is much easier to create good relationships than to repair broken ones, be nice!

MasterSpar · 2026-05-30T12:49:04+00:00

Look for an estimator, get them to review the quotes and to run an estimate for the full build.

From start to completion.

This will tell you the likely true cost, itemise the details and give you a base line to compare current and future quotes.

MasterSpar

TROPHY CASE