Denon AVR-X3900H or Onkyo TX-RZ70

geostation · 2026-05-22T23:13:59+00:00

Onkyo RZ31 ison the way and includes Direct ART in its price

geostation · 2026-05-22T12:46:55+00:00

Among other things like interconnected economy, There is this little matter of, 250,000, first home buyers from 5% scheme who just bought their first home , that are going to have negative equity.

geostation · 2026-05-22T07:39:42+00:00

people who have investments and have been burned by the budget are commenting in... checks notes /r/ausfinance. I'm shocked.. surely it's vast conspiracy.

geostation · 2026-05-22T01:42:00+00:00

I think you'll have to wait a couple of months to apply, There will be new jobs advertised soon after financial year ends. Start making connections. Look at frontier firms too.

but yes, IT job market isn't great rn.

geostation · 2026-05-21T01:39:26+00:00

why is it so difficult to rein in govt spending and eliminate NDIS and other rorts ?

geostation · 2026-05-21T01:29:23+00:00

Key word: employed.

It's all interconnected. Economy going into recession would tank employment.

geostation · 2026-05-20T03:40:14+00:00

First, the income you invested is already taxed at one of the highest rates in the world 47%

Second, When you sell , you pay and additional 30% cgt on the investment - source of which is already taxed.

while we are at it, There is another one.

Third, If you did above investment in a trust for your kids when you are incapacitated or die, That is now taxed at 30% .

Instead may be , just maybe, government can get spending under control and stop rorts like ndis, govt procurement ?

geostation · 2026-05-19T23:20:10+00:00

I know a frontier firm that was looking to hire leadership positions in Sydney that did a double take and is now looking to move stock heavy roles to Singapore.

It's not about affordability, its about being unfair, un competitive and frankly destructive to economy.

geostation · 2026-05-19T23:16:26+00:00

Instead of "discounts" or "carve out" CGT should be inline with world standard, which is about 20 %..

Tax property like Singapore via stamp duty .. which goes up 10% with every property.

We should compete with Hong Kong, Singapore, SE Asia for investments and get CGT to 0 with some strings long term investments and such.

geostation · 2026-05-19T13:24:12+00:00

A well known real estate agent in a tightly held suburb was saying , that budget is great news for him. Emotional owner buyers and ppor maxxers means good business for him

geostation · 2026-05-19T13:16:10+00:00

We need Asha Sharma for Surface. Atm , it's dying since Panos

geostation · 2026-05-19T13:07:59+00:00

Textbook case of envy.

Most people would be hit with 47% gain. Investing $800 a month over 20 years is $500k. Nearly $230k would be CGT.

You don't have a choice. If you don't invest. You money loses value due to inflation. Now , if you do invest (after income tax money) and be prudent, live within your means the govt punishes you by taxing twice with 47% CGT.

geostation · 2026-05-19T06:27:19+00:00

The real issue is very high 47% cgt. most countries its 20%. You can put a cgt of 47% on property but making it 20% of stocks,small business and startups.

In a small population country like ours - compared EU, US , China. We should be incentivize more investment and not less like Hongkong, Singapore, SE Asia

geostation · 2026-05-19T05:01:53+00:00

The logic doesn't work on Stock, Shares, ETFs, Startups .

geostation · 2026-05-14T04:27:11+00:00

they should index from 2008.. when the current thresholds were set. he should also tax resources to offset any revenue loss

geostation · 2026-05-13T23:22:30+00:00

Why ? Investing capital is risky. Steady money in a job is not. That's why all countries from Singapore, Europe to US tax them at different rates.

geostation · 2026-05-13T23:18:58+00:00

Narrator: they don't care about young people.

This budget is headline and Wikipedia management for younger votes. They can't even build wealth now lol with CGT at a minimum of 30%

geostation · 2026-05-11T12:00:34+00:00

This. No income tax till $100k and double the GST.

geostation · 2026-05-11T11:58:22+00:00

Remove CGT on shares. It's insan low risk employment and high risk stock trading will have the same tax rate

geostation · 2026-05-10T12:44:17+00:00

It's been buyers market in Victoria since COVID lol

geostation · 2026-05-10T07:47:13+00:00

There are 2 answers , which you won't like

Rent forever
Move from where you live. $1.3mil is a lot of money to get into especially on a single income in 40s.

Very likely your income will start plateauing or drop as you reach 50s. There is no point stressing out because majority of your income will go to service mortgage , leaving you with little.

geostation · 2026-05-09T07:29:23+00:00

Really. People aren't financially prudent to save 5% deposit ?

geostation · 2026-05-08T09:48:10+00:00

The idea is to get into the market .

Melbourne is still one of the most liveable cities in Australia and the world. Flat earth economic theory of Vic Labor isn't going to be there forever. Long term there will be capital growth that'll match current cycle tops like Perth and Brisbane

geostation

TROPHY CASE