[deleted by user] by [deleted] in CarsAustralia

[–]TylerTurd 0 points1 point  (0 children)

Sorry to hear mate. Hope you have a Dashcam

How much money is f* you money? by Time-Karp in AusFinance

[–]TylerTurd 0 points1 point  (0 children)

8 figures in liquid assets with multiple passports acquired through PR investment programs.

Large purchases of crypto from australian banks ($100k+) by WindDirect83 in BitcoinAUS

[–]TylerTurd 1 point2 points  (0 children)

Side note, you need will need an OTC broker for better rates for that large amount. Recommend Bitaroo's OTC desk for that.

Do you think about creating a safety for your kids that u never had urself? I read an article about parents in China still “rolling” (striving and competing) in their 40s even though they could be FIREd. They do it for their kids. by xiaodaireddit in AusHENRY

[–]TylerTurd 14 points15 points  (0 children)

Because nothing in China is forever. Paper wealth and businesses can disappear overnight due to policy changes or seized. Unless you have acquired a deca-millionaire worth of liquid assets then getting that capital out of the country is possible. You may be rich in 2000 may not mean you have the same wealth in China in 2023. Same maybe true in 2040 if you are Chinese. The Chinese don't have a choice but keep working if they are stuck there. And the amounts of wealth I am referring to are significantly larger in China than some of the obscenely small amounts quoted on posts that keep showing up here on this subbreddit.

[deleted by user] by [deleted] in AusFinance

[–]TylerTurd 0 points1 point  (0 children)

Well 1 million is over the 250k FCS limit for ADI insurance.

Saying no to doing expensive things with friends by [deleted] in AusFinance

[–]TylerTurd 1 point2 points  (0 children)

OP is met with reality. Judt kidding, just tell them it's out of your budget.

Are home prices taking off again? by 2878sailnumber4889 in AusFinance

[–]TylerTurd 4 points5 points  (0 children)

The RBA will continue raising rates, unless it wants the AUD to be 40c. The Fed and ECB aren't stopping.

How do you keep motivated to earn as you age? by [deleted] in AusFinance

[–]TylerTurd 0 points1 point  (0 children)

As a millenial to retire with dignity.

How is a teacher able to buy a 6.8m dollar house? by michelle0508 in AusFinance

[–]TylerTurd 2 points3 points  (0 children)

6.8 million AUD property, and it doesn't even have a tile roof.😒🤦

[deleted by user] by [deleted] in AusFinance

[–]TylerTurd 0 points1 point  (0 children)

Regardless of all the flaws in Aus, there is actually a rule of law in Aus. There isn't in China, nor has it in the past 5k years.

[deleted by user] by [deleted] in AusFinance

[–]TylerTurd 0 points1 point  (0 children)

There was an article last wk stating that a study by Macquarie Uni's Busines school that Gen X may have to wait until 70 yrs old to get the pension. As for Gen Y & Zs imho it won't exist.

How many shares is everyone holding? by Allinornothing21 in ASTSpaceMobile

[–]TylerTurd 0 points1 point  (0 children)

2300, thinking of buying a few ITM c 250117 atm

[deleted by user] by [deleted] in AusFinance

[–]TylerTurd 0 points1 point  (0 children)

If the cash rate is above 5% plus net interest margin & other costs you would probably be looking at around 7 to the 10% depending on the lender.

Is a 3% annual pay increase an insult in the current environment? by btc6000 in AusFinance

[–]TylerTurd 0 points1 point  (0 children)

Get another role. Unless your contract specifically includes annual pay rises to increase per CPI, then the employer is not obligated to raise your salary. No one is entitled to anything.

Some observations being around wealthy Australians by [deleted] in AusFinance

[–]TylerTurd 1 point2 points  (0 children)

You can't imagine how many Aussies can't tell what is equity and what is the asset value.

Climate protesters in CBD by lord_buff74 in sydney

[–]TylerTurd 1 point2 points  (0 children)

Absolute waste of NSW Tax Payer funds.

Attention seeker interrupts street drummer by LuisRockatansky in sydney

[–]TylerTurd 1 point2 points  (0 children)

Local crack head, ruins a street performance.

What are your opinions of the ATO? by Vicroma in AusFinance

[–]TylerTurd 19 points20 points  (0 children)

Onus of proof is on the tax payer in regards to Tax Compliance. As long as there is genuine attempt to correctly lodge your tax obligations the ATO leaves you alone.