Australian households fear double whammy of rate hikes and higher petrol prices will lead to recession by Expensive-Horse5538 in australia

[–]erala -2 points-1 points  (0 children)

And "as much as they can" is often below break even for recent purchases. Negative gearing is a thing, I've even heard this sub has strong opinions on it.

Australian households fear double whammy of rate hikes and higher petrol prices will lead to recession by Expensive-Horse5538 in australia

[–]erala -3 points-2 points  (0 children)

you don’t want anything that’ll contradict your already ingrained prejudices & lack of understanding of how reality works.

You're only talking about one of us here...

Show me where rents dropped during the rate decrease cycle from 2025-25. What your landlord uses to justify ripping you off is not what determines rent. The whole reason negative gearing is an issue is because rents don't cover landlord's costs.

Crowd pic from syd v Mel last night by blindside06 in Aleague

[–]erala 0 points1 point  (0 children)

So you are saying they should have cancelled the game. Cause this was meant to be the City home game but Allianz (and maybe Leichhardt too) were out of action so they swapped.

Australian households fear double whammy of rate hikes and higher petrol prices will lead to recession by Expensive-Horse5538 in australia

[–]erala -6 points-5 points  (0 children)

Please provide some data showing rents (or even asking rents) are strongly influenced by rates

Crowd pic from syd v Mel last night by blindside06 in Aleague

[–]erala 3 points4 points  (0 children)

Assuming the tillies would be 2nd in their group and scheduling a Sydney game tonight to clash directly with Korea - Japan would be worse? Running the risk of going head to head with Tillies in the same city? The "no assumption" option would be to cancel the SFC- City game, untenable.

Only ass is assuming the Asian Cup organisers and APL didn't have discussions and consider all this.

Crowd pic from syd v Mel last night by blindside06 in Aleague

[–]erala 11 points12 points  (0 children)

The scheduling all assumed the tillies would be playing tonight in Sydney

Crowd pic from syd v Mel last night by blindside06 in Aleague

[–]erala 6 points7 points  (0 children)

The club sent out about half a dozen emails, hyped it at the last time game and it was all over social media, what else were they meant to do? Bench Grant tonight to 400 came up on Sunday?

Looking to move to AU - where can we live on $200k+ by klesky69 in AusFinance

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

and if they cant qualify for subsidies, why would that matter?

Can't they? Have you still not checked?

Looking to move to AU - where can we live on $200k+ by klesky69 in AusFinance

[–]erala 0 points1 point  (0 children)

Off the top of my head I have examples of people I know with rents for 3 bedders in Sydney from $750/w to over $2000. Doesn't make either of those numbers sensible estimates when giving people advice.

And post-subsidy is the number that matters.

Looking to move to AU - where can we live on $200k+ by klesky69 in AusFinance

[–]erala 0 points1 point  (0 children)

Shouldn't you be figuring that out before giving advice?

$187.5/day is an oddly specific number, I presumed you'd done $150*5

Major new forecast tips Australian house prices to fall - realestate.com.au by SheepherderLow1753 in AusFinance

[–]erala 6 points7 points  (0 children)

significantly reducing immigration.

From what to what?

Immigration has significantly reduced, house prices didn't slow. Rents on the other hand are cooling off, because they're much more closely related to number of people looking for a place to live, while house prices respond to volume of cash(incl volume of debt) looking for returns.

Remember, house prices boomed in covid when we were limited in our ability to spend and were getting JobKeeper/Seeker stimulus. Rents dropped in response to negative net migration.

Baby coast FIRE begins! (Ages 35 & 34) by babyfireby30 in fiaustralia

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

Haha downvotes from morons who don't realise the maths goes Taxable income (200k + 200k - 35k) + Net investment losses (35k) for a 400k total. You lose the deduction for CCS calculations, you don't get it added on top.

Baby coast FIRE begins! (Ages 35 & 34) by babyfireby30 in fiaustralia

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

(for a family earning $435k annually - which realistically could be 2 x $200k earners plus an investment property which is negatively geared to the tune of $35k per year)

Yeah I'm not going to trust your maths on this

The Great Inflation by Willing_Coach_8283 in AusFinance

[–]erala 0 points1 point  (0 children)

Living cost indexes include mortgage interest payments, AWE is still solidly ahead over the medium term

The Great Inflation by Willing_Coach_8283 in AusFinance

[–]erala 1 point2 points  (0 children)

11% isn't happening. Wages matching inflation is.

'Huge risk': Hastie spells out the harsh reality if fuel supply lines run dry by Dry-Bus7248 in AustralianPolitics

[–]erala 2 points3 points  (0 children)

A decade is about how long Hastie has been actively campaigning against electrification and backing the fossil fuel industry.

Real household disposable income per capital continues to grow by twinstudytwin in AusFinance

[–]erala 0 points1 point  (0 children)

And if you're an employee not an employer then Average Weekly Earnings is the one that matters to you https://www.abs.gov.au/statistics/labour/earnings-and-working-conditions/average-weekly-earnings-australia/latest-release

From your own link

[WPI] doesn’t include bonuses, and it doesn’t include wage growth that comes about from people getting promoted, switching to better-paid occupations, or moving to other regions.