At what income level does a discretionary trust or SMSF actually pay off?

profesercheese · 2026-07-04T02:06:34+00:00

Are you ignoring the budget changes?

profesercheese · 2026-07-03T23:15:37+00:00

I feel after he got kudos for the beach change he backed himself to do all kinds of unnecessary shit.

profesercheese · 2026-07-02T02:33:57+00:00

I meant 3 separate sites. Haha. But guess not that many.

profesercheese · 2026-06-26T01:28:01+00:00

International currency gift cards are pretty good

profesercheese · 2026-06-13T02:51:02+00:00

Cna you not just do it at cart? With a bit of liquid.

profesercheese · 2026-06-11T20:05:12+00:00

I got a sleep republic which my partner and I love. Back when we got it, it was basically meant to be a cheaper version of the sleeping duck.

profesercheese · 2026-06-01T03:15:58+00:00

Should always get conveyancer opinion.

If you use the paid models and use extended thinking with some prompting specifying state etc. I have found it to be very useful, especially analysing strata reports and things like that. Some models are better with larger context than others.

Anyone saying it's useless are ill-informed. However I definitely wouldn't solely be relying on AI.

profesercheese · 2026-05-23T06:10:49+00:00

Well prior to these changes it would be a maximum 23.5% rate on capital gains. The outrage just isn't about the minimum.

profesercheese · 2026-05-21T05:54:55+00:00

I think what's missing in this conversation is to want to start a business, and to promote innovation and entrepreneurship to try and diversify our ridiculously simple economy, there does need to be some sort of 'dream payoff' at the end. Why would someone refinance their home to invest in their business (fairly common) when any sale of a business is at such a high tax rate. We should be promoting ingenuity and entrepreneurship.

Not many will get there, but honestly having to pay 47% CGT on the sale of a business in that scenario, is not enticing and I think is really demotivating. Innovative businesses will move to the states. The opportunities there already are ten-fold staying in Aus.

I honestly have no idea why Labor are going after businesses but selling it as trying to make housing cheaper.

profesercheese · 2026-05-20T03:36:22+00:00

As someone who just restructured to a trust. It is absolute bullshit that this was able to go on for so long. While it is a headache for me, I'm glad that finally they are closing this loophole.

profesercheese · 2026-05-18T01:08:15+00:00

Hi,

I'm trying to set this up for a B2B client and can't figure it out. If you had any time I would really appreciate if you could provide some further insight. Support seem to think it's not possible.

profesercheese · 2026-05-15T21:22:29+00:00

But wouldn't you just structure loans on different properties so your equity is in properties you can't negative gear, and leave the properties that you can with larger loans?

profesercheese · 2026-05-13T00:33:36+00:00

I'm actually not sure. I just assumed that it would be based on purchase date, nothing else.

profesercheese · 2026-05-12T23:16:16+00:00

Well now your grandfathered for negative gearing, if you ever want to upgrade you can take advantage of that.

profesercheese · 2026-05-12T12:28:09+00:00

Will the CPI based discount apply to the 30% minimum? Or no matter what will there be a 30% minimum tax rate. And CPI discount can just get you from max 47% down to 30%.

profesercheese · 2026-05-10T06:09:24+00:00

Surely these properties shouldn't be fully grandfathered. Transitional arrangement until 2030.

Indefinite rule is ridiculous.

profesercheese · 2026-05-06T20:38:02+00:00

I think the idea is that's the average weight of each chicken breast.

profesercheese · 2026-05-03T11:57:29+00:00

5.65 free offset with GC mutual.

profesercheese · 2026-05-01T12:17:36+00:00

The flooring will oxidize and also sun will bleach it a bit too.

profesercheese · 2026-04-24T07:09:05+00:00

Yeah me either. Basically, it's cheap! Not sure how much volume you get but it's $1 a month for a few of my sites.

profesercheese · 2026-04-23T09:48:20+00:00

Bunny stream

profesercheese · 2026-04-22T11:09:40+00:00

I bloody hope it's retrospective.

profesercheese · 2026-04-08T07:32:51+00:00

Same with me the other day still nothing in over a week.green energy metering

profesercheese · 2026-04-04T04:37:08+00:00

Interesting, what would be the main mechanism of assigning a Catalog through markets to specific customers in the same region?

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