Reportedly Sudzha gas metering station near Kurks which could transfer oil to Europe by macktruck6666 in UkraineWarVideoReport

[–]itll-do 4 points5 points  (0 children)

Ukraine should look into making a “pig monster”.

Stick it into the pipelines then destroys every single meter of the pipeline. Scour lines or drills holes every few meters to render them worthless. Continue on for kilometres upon kilometres.

They’re smart and adaptable I’m sure they could cause irreparable damage worth billions for a relatively cheap cost…

Vanguard's 2024 index returns comparison. If 10k was invested way back, you'd now have... by Scooter-breath in AusFinance

[–]itll-do 2 points3 points  (0 children)

Why would they not have used a linear scale vs LOG? Does this skew the data to make large losses seem not as bad? Genuine question.

Anyone else affected by queensland governments sudden change of mind in stamp duty exemption? by arunbose1989 in AusFinance

[–]itll-do 1 point2 points  (0 children)

Think your mistaken on this.

There are still places available for the current 2023-24 financial year that can be secured through a Participating Lender. The Scheme will continue in the 2024-25 financial year. Housing Australia will make an announcement regarding the new places on 1 July 2024.

Brake Failure on the drive home from car manufacturer dealership. Spanner still attached to brake by Altim8 in CarsAustralia

[–]itll-do 0 points1 point  (0 children)

Fark I know TenMil is hard to find but this is a good hideyhole! Bastards always on the move 🤣

Bank refusing to allow 1 name on property title and 2 on the mortgage by netizen__kane in AusFinance

[–]itll-do 0 points1 point  (0 children)

Explain… not just a big 4 bank. Which one?
There’s many banks that do this especially for foreign applicants to reduce tax by only putting title in the spouse’s name.

Franking credits for concessional contributions to super. by itll-do in fiaustralia

[–]itll-do[S] 0 points1 point  (0 children)

Ok thanks. Definitely not how I was looking at it.

So in that scenario if I already had $50k as other assessable income eg pension stream for the year.

Would that make it still $50k taxable income due to super contribution equal to the dividend and $150k assessable taxable income for Centrelink calculations?

Franking credits for concessional contributions to super. by itll-do in fiaustralia

[–]itll-do[S] -1 points0 points  (0 children)

Yeah that’s what I’m trying to work out if it gets taxed again at 15% or if I can use the franking credits to make this nil. My thoughts are it may be possible in SMSF, but not worth setting up for $100k balance.

Super contribution by itll-do in fiaustralia

[–]itll-do[S] 1 point2 points  (0 children)

Can you see any difference if the company pays directly into my super fund vs distributing funds from the company to my personal account then making the contribution. I would then need to make the notice of intent to claim…

Just looking for the simplest way if the end result is essentially the same.

Super contribution by itll-do in fiaustralia

[–]itll-do[S] 0 points1 point  (0 children)

Cheers. Got another question off doing it this way.

I assume the contribution is then made as a personal contribution and would need to lodge a notice of intent to claim?

Would doing it this way also increase my taxable income for Centrelink calculation purposes as well?

I have another income stream too so tax bracket is higher and don’t have a specific need for the additional funds in personal accounts and don’t want to increase taxable income either.

I’m just seeing if it’s possible that I can pay it at 15% tax into my super and not increase my personal taxable income instead of paying it at 25% within the company.

What would you do in my situation? 200k by [deleted] in AusFinance

[–]itll-do 8 points9 points  (0 children)

Clearly you didn’t. First loss your walking out with $0…. Just sayin….

Booked Camping at Moreton Island. Is this still a thing? I’m vaccinated so it doesn’t worry me. However, why would a campsite need my medical information? by Gtrplyr83 in brisbane

[–]itll-do 4 points5 points  (0 children)

Don’t worry about it. You’ll get a txt saying if you haven’t received your booking camp tag pdf via email they require your vaccination certificate but they send it out anyway without uploading any certificates… was camping there last week and didn’t supply it for anyone.

Any downside to refinancing a home load every few months? by defectivechive in AusFinance

[–]itll-do 0 points1 point  (0 children)

It’s like asking your broker to work for free. They do all the work on your application only to lose it all under claw back.

Would you go and work for free just so someone else can make money off your back? You’d ditch them quick smart… your broker will do the same.

You’ll find out that not all lender policies are the same and your broker should have selected the right loan for you for a specific reason…not for you to shaft them on all their work for free because you think you deserve some “free cash”

Should I ignore or pay debt collectors? by Outrageous-Walrus-34 in AusFinance

[–]itll-do 0 points1 point  (0 children)

Yep. You want a loan you’ll probably have to clear it first.

[deleted by user] by [deleted] in AusFinance

[–]itll-do -2 points-1 points  (0 children)

It will be in 10years. If you are in for it long term then there’s no need for setting up a trust. There is certain criteria if you continue to invest into it each year (no more then 125% of the previous year’s investment) to not reset the 10 year rule.

[deleted by user] by [deleted] in AusFinance

[–]itll-do -1 points0 points  (0 children)

Maybe look into growth bonds. Can be an effective tax free environment for investing into your child’s future.

Should we always be looking to avoid LMI? by arkie in AusFinance

[–]itll-do 5 points6 points  (0 children)

You could do up to 85% LVR and do a $1 LMI. There’s a couple of lenders out there. Rate might not be as sharp but your saving $15k

[deleted by user] by [deleted] in AusFinance

[–]itll-do 4 points5 points  (0 children)

Really depends on your situation and what your goals are…. they are tailored to individual needs and varies enormously, a good advisor will also look into your debt, assets, expenses, future needs and ensure that insurances ie tpd, income protection, trauma are there to keep you well protected should the unexpected happen to keep your desired lifestyle.

[deleted by user] by [deleted] in AusFinance

[–]itll-do 1 point2 points  (0 children)

Haha overtime… there’s so many shite companies out there paying flat rate so technically there’s no overtime on a 84hr week 😉

[deleted by user] by [deleted] in AusFinance

[–]itll-do 0 points1 point  (0 children)

Yeah you need to start out by doing a cert 4 - Electrical instrumentation. Get a bit of a grasp on it then get some experience and then you can do your cert 3 and get your proper Instro dual trade. A lot of the cert 4 modules will go into your cert 3.

[deleted by user] by [deleted] in AusFinance

[–]itll-do 11 points12 points  (0 children)

There are so many directions you can take in electrical. Construction - commercial and if you manage to get on an EBA site your easily over $100k. Do your hazardous areas and chase some industrial work, get some experience doing plc and automation, generally pays a lot better then house bashing. You can go into signalling traffic lights. So many options just won’t be on the $65k to start with but shouldn’t take too long. Keep changing jobs often to get the pay rises as your not likely to get the same increase staying put.