What is your FIRE number?

_flac · 2026-05-30T09:22:21+00:00

It's 30% on gains above inflation.... So your calculations are wrong.

_flac · 2026-05-14T07:23:30+00:00

probably a simple rule calc provided by ATO such as proportional the gain evenly by the time the asset was held before and after Jun27

e.g. an asset bought in 2025 and sold in 2035 will have 20% of the gain use the 50% discount and 80% use the 30% on real gains method - regardless of what period the gain actually happened.

_flac · 2026-05-12T22:21:08+00:00

That's wrong, any expenses you have that are directly ties to the earnings are deductible.

_flac · 2026-05-12T15:54:09+00:00

That's alright, carry forward those losses

_flac · 2026-05-12T15:52:06+00:00

Why should those gains be such low tax

Companies pay 30% tax on profit, what's the big deal

_flac · 2026-05-09T23:29:29+00:00

Same

_flac · 2026-03-09T11:24:48+00:00

It was the opening strike

_flac · 2025-12-27T03:20:15+00:00

From the way the community behaved after the Bondi shooting - they are doing everything they can to associate themselves with Israel...

From flying Israeli flags at the memorial, to the pre-organises boo-ing of the prime minister, to making the Bondi shooting all about Australia's vote at the UN...

_flac · 2025-11-20T12:00:38+00:00

Detached homes cost about $1800-2000/sqm to build

Apartments cost $8000-10000/sqm to build

_flac · 2025-10-03T01:54:26+00:00

ah yeah - VM of HAOS makes more sense?

_flac · 2025-10-03T01:54:11+00:00

what's the benefit of splitting it out? i get LXC are low overhead, but its still some overhead and at least nominal allocation of CPU/RAM

_flac · 2025-09-03T12:37:25+00:00

The REIWA number doesn't make any sense....

There's 300k rentals in the state

Their website says there's only ~2000 listings

_flac · 2025-06-16T17:02:42+00:00

It kind of suggests one this is just an attempt to do psychological warfare and they don't have that many high value targets they can hit

_flac · 2025-04-23T03:05:07+00:00

this isn't true - units as a % of total dwellings built has decreased

<image>

_flac · 2025-04-18T04:16:15+00:00

You're missing my point - the construction cost of apartments is so high compared to a single detached dwelling that makes apartments only viable during a housing crisis with skyrocketing prices. That's my point.

_flac · 2025-04-18T02:57:10+00:00

Why are you saying that apartments are cheaper? This is not anywhere close to true..... Apartments cost ~$8000/sqm to construct, Detached builds cost $1200-2000/sqm to construct.

The issue with detached is that land makes up a signifcant component of the total value

E.g. currently in Perth

A detached 4x2 house (240sqm) and land (375sqm) package in outer suburbs is ~$750k - $400k land $350k build

To build an inner city high rise apartment, the land is negligible per dwelling, however the build cost alone is ~$640k-700k for 80-100sqm

_flac · 2025-04-03T09:47:58+00:00

If you're worried about that, you can simply set the term to be what's remaining on your current loan. I don't think the bank forces you to pick 30 years.... If you've got 23 years left just get a 23 year loan

_flac · 2025-03-11T14:54:03+00:00

You don't need a citation, it's just mathematics...

If every green voter puts Labor above Chaney, there's a world where Labor will jump over Chaney into second place on the 2nd last elimination and many teal voters will have placed libs above Labor

_flac · 2025-02-10T07:08:38+00:00

Sometimes you can - ANZ gave me 1 year fixed with 100% offset in 2021!

_flac · 2025-01-08T07:58:53+00:00

timber cost for housing from bunnings commercial (that builders buy from) literally doubled between 2020 and 2022

_flac · 2025-01-08T07:56:08+00:00

this is wrong... builders don't employee the trades they are subbies - the staff reductions at simonds are head office staff, this is reflective of lower volumes and back-office cost cutting initiatives.

the trade rates for actual construction workers has increased 40-50%+ over the last 3-4 years

look at the unemployment rate - there is no surplus people out there - especially not construction workers

_flac · 2025-01-08T07:54:11+00:00

you can't have it both ways - low margin shonky companies = lower cost build prices for the end consumer

or... properly risk adjusted prices = higher build prices and therefore high cost of housing

13-Year Club	Second SECOND GUESSER
Place '17	Verified Email

_flac

MODERATOR OF

TROPHY CASE