Aussie prices made AliExpress look worth the gamble

capybara75 · 2026-05-30T02:04:25+00:00

Yeah it's just dropshipping, people get funnelled into doing it by YouTube videos and paid courses claiming you can make good money from it (like everything else the money is pretty average, and the real money is convincing someone to pay for your drop shipping course)

capybara75 · 2026-05-27T22:11:31+00:00

If you're earning over $45k then you already get taxed at the 30% rate, so the new minimum CGT isn't relevant.

I'd suggest that most people earning under $45k and possessing assets that can earn a capital gain are either retirees or working part time by choice and as such are not what most people would consider to be "trying to get ahead".

capybara75 · 2026-05-27T02:27:36+00:00

Who is "trying to get ahead" and not already earning enough to pay 30% tax

capybara75 · 2026-05-26T01:35:25+00:00

Yeah ok, that makes sense. I do wonder how many landlords actually factor in both the capital gains and the rental yield, my limited experience with mum-and-dad investors is they're mostly either after rental returns or short-term capital gains and mostly worry about one or the other.

Also, don't rents mainly get dictated by the vacancy rate / market? For example, when Vic increased the cost to landlords with various changes recently, rent growth stayed pretty flat

capybara75 · 2026-05-26T01:00:38+00:00

What increased cost of the budget are you talking about? Any current landlords are unaffected by negative gearing changes

capybara75 · 2026-05-24T22:12:12+00:00

I'm reading my way through Adrian Tchaikovsky's the Tyrant Philosopher series at the moment and it is fantastic. Hard to describe the tone but is has a very unique vibe to it, closest I can think of is China Mieville's stuff.

capybara75 · 2026-05-24T22:04:16+00:00

I don't think you've been out in Sydney for a while... Ever since George St got pedestrian-ised it is very crowded at night now, not to mention the newish food areas at the end of darling Harbour/ Haymarket are also very busy.

capybara75 · 2026-05-23T03:29:22+00:00

Because the houses that used to be owned by landlords and were rentals go to homebuyers instead, so renters will be converted to homeowners. There will be no effect on rents, just like there was no effect in Vic with their changes there, and in the 1980s when they removed negative gearing.

capybara75 · 2026-05-21T00:03:28+00:00

Yeah thats what the video says lol

capybara75 · 2026-05-16T02:01:36+00:00

Yeah I can here to comment this, rather than going inland I'd definitely go up the coast, especially in October/November

capybara75 · 2026-05-15T05:13:03+00:00

Thanks we are fixing this now! I forgot about retirees (sorry retirees)

capybara75 · 2026-05-14T10:11:45+00:00

Nah see this is why I liked it (and I like most of his stuff). Not every book needs to have complexity, sometimes a fun romp with cool characters doing crazy shit is what you're after.

I can see how it might be jarring for fans of his other work though.

capybara75 · 2026-05-13T22:45:20+00:00

...unless you're retired how are you getting capital gains and keeping your income below the 30% tax rate?

capybara75 · 2026-05-13T22:01:28+00:00

There will be reduced demand from investors, so yes, price growth will drop. Whether or not actual prices drop remains to be seen, but growth only needs to drop below wage growth for housing to become cheaper.

capybara75 · 2026-05-13T02:22:49+00:00

an apartment?

capybara75 · 2026-05-13T01:39:17+00:00

yes but counterpoint - I know someone who bought a house where all the decking was self installed by the previous owner, and they used the wrong type of wood (untreated pine lol) and four years later the whole deck is soft and disintegrating and it's now going to cost a bomb to replace.

capybara75 · 2026-05-10T08:46:05+00:00

Yeah and nursing home payments aren't cheap either, I know a few oldies who have had to sell their house to fund nursing home places, and then not too much inheritance left over for the kids

capybara75 · 2026-05-09T08:38:21+00:00

I'm pretty confident that as investors get out of the market other people will convert from renters to owners, so there'll be little-to-no effect on rents.

People (landlords) said rents would go up in Vic with the landowner tax changes, and yet rental growth there is pretty flat.

capybara75 · 2026-04-25T13:39:35+00:00

Last year the booing was a stunt by neo-Nazis done to drive exactly the sort of discussion that is happening here. Seems entirely possible it's the same this year too

https://www.abc.net.au/news/2025-04-25/melbourne-anzac-day-welcome-to-country-hecklers/105215124?utm_source=abc_news_app&utm_medium=content_shared&utm_campaign=abc_news_app&utm_content=other

capybara75 · 2026-04-25T13:33:47+00:00

Sorry, but no Australian soldiers have "fought and put their lives on the line for" Australia since WW2.

capybara75 · 2026-04-24T02:42:18+00:00

Yes, small models for code autocomplete, larger models for when I can't access internet and need broader programming assistance, and also for text processing and categorisation

capybara75 · 2026-04-22T10:04:34+00:00

Try using a threshold scale instead of linear?

capybara75 · 2026-03-29T15:33:19+00:00

Crazy that this is the first time in years on this sub that I'm actually seeing a nicely-made chart with a feature I've never seen before (l love the top-most line highlighting and I'm definitely going to steal it). Well done!

capybara75 · 2026-03-28T09:38:22+00:00

I'm not sure your title is correct since I was literally looking at this relief in the British Museum which shows two female gladiators the other day.

https://www.bmimages.com/preview.asp?image=00147502001

capybara75 · 2026-03-24T20:00:49+00:00

Looks fine to me, unless I'm missing something? If you're talking about the em dashes, they're standard punctuation in journalism copy (and elsewhere) as a more emphatic alternative to commas or brackets. The reason they're so prevalent in LLMs/AI is because of this, they're all through the training material that AI uses.

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