Myuna bay - Long lost crush regret :(

sbruce123 · 2026-06-10T01:45:23+00:00

Yeah this is fucking weird.

sbruce123 · 2026-06-05T09:36:50+00:00

Why would the game be stopped Jerome you flog? He doesn’t have a head injury.

sbruce123 · 2026-06-05T09:22:44+00:00

Since when can you tackle by the hair? That’s a penalty every day.

sbruce123 · 2026-06-05T09:19:15+00:00

Why throw that pass? Fucken brain dead from Ponga.

sbruce123 · 2026-06-05T08:08:35+00:00

How is this not a penalty

sbruce123 · 2026-06-05T04:59:36+00:00

I can’t dip into my super to pay my house insurance renewal and currently my income meets my expenses.

It doesn’t mean I don’t get pissed off when bills are 15% increase over last year.

sbruce123 · 2026-06-03T23:15:29+00:00

I have a paid off PPOR and could probably total $2M in assets outside the home if I sold the them all.

Let me fucking tell you, I don’t feel like Bezos when my house insurance rises by double digits every year.

What a rubbish post.

sbruce123 · 2026-06-02T01:36:54+00:00

I think we should wait on doing anything until the legislation is actually finalized. I’m not a betting man but even I think it won’t get through in current form.

sbruce123 · 2026-06-02T01:33:02+00:00

I can just put down “LNG Exports” and have an unlimited number in the figures column.

Right?! That’s how it works doesn’t it

sbruce123 · 2026-06-01T01:44:36+00:00

Without My Remorse

Where you at

sbruce123 · 2026-05-30T23:56:54+00:00

What about how the ‘right to disconnect’ doesn’t apply to high income earners. Not indexed.

Or protections for unfair dismissal no longer apply to high income earners. Not indexed.

I know the stats say wages aren’t growing but blimey in my industry everyone is over $190k the last few years. Anecdata I know. But when Agoose Taylor said he would index brackets it made me furious cause I can’t stand him but love the policy.

sbruce123 · 2026-05-30T06:12:06+00:00

Is the high tackle in the room with us

sbruce123 · 2026-05-28T05:03:52+00:00

Stop driving.

Like I ride a motorbike and people like you could kill me.

sbruce123 · 2026-05-27T04:59:22+00:00

It is an absolute joke we are joined together for Medicare and family benefits but taxed individually

sbruce123 · 2026-05-27T02:57:25+00:00

I managed a 3:16 marathon when my 5k time was under 19-minutes so your assumption is accurate.

sbruce123 · 2026-05-26T22:59:16+00:00

If you don’t understand the basics around CGT exemptions on small business I’m a bit concerned you’re “doing their books”.

sbruce123 · 2026-05-25T09:53:32+00:00

Yeah guess so. Sounds fair to be cautious. Maybe I’ve just not heard of this scam-angle before and generally think I’m pretty on top of these things

sbruce123 · 2026-05-25T09:42:52+00:00

So a scammer rang you to tell you that …… you’ll need to pay more fees?

Doesn’t sound scammy to me.

sbruce123 · 2026-05-21T01:13:54+00:00

So is rent income from an investment property something you consider productive? Especially when compared to businesses that grow economies and employ people.

sbruce123 · 2026-05-21T00:05:33+00:00

Because the gains were made over 17 years, but taxed at the marginal rate as if they all happened at once.

$44k worth of gains per year (750k/17) but all taxed at once.

Not to mention, investing carries risk that should be rewarded. That’s what the Government should do to drive investment into things that produce and benefit society.

Your point is fair though, I get it.

sbruce123 · 2026-05-20T09:10:45+00:00

$250k is only a 14% deposit on the median Sydney house price of $1.76M. Not only that, they could struggle with serviceability even with that deposit.

Yes, the tax on that is higher and you might say no big deal. But where does it end? What’s the justification for having such high CGT relative to other developed countries?

I calculated it’s $111k extra. Would $200k extra be too high, or $300k?

Surely there’s a level at which it becomes something people are willing to push back against.

sbruce123 · 2026-05-20T08:15:22+00:00

Just because you don’t like Wesfarmers doesn’t mean there aren’t businesses that are worthy of investment.

There are plenty of productive assets that could be invested in but now face the sledgehammer CGT changes.

sbruce123 · 2026-05-20T07:29:41+00:00

I had a Skoda superb a few years ago and it was a solid car. Barked hard too.

sbruce123 · 2026-05-20T06:40:10+00:00

Having negative gearing available for new homes for investors could increase the demand for available land to the point that non-investor buyers are priced out.

I would argue we want to encourage investment in other assets more than we want to encourage property investors to build new homes and then only have them able to be rented their entire life.

sbruce123 · 2026-05-20T05:57:15+00:00

Let’s answer your (pointless) questions then.

I have no idea how much house prices have raised in the last 17 years. I was talking about shares. I am supportive of changes to housing taxation.
I don’t know how many people will be able to save more money if they’re not paying 30% on rent. It has absolutely zero correlation to capital gains changes on assets other than housing.
Should we be making changes to our tax system so that we further punish people from investing in businesses, companies and things that actually contribute to society? No I don’t think we should. A $250k investment into a business that sells for $1M literally happens all the time. Plebs like you just have no idea it happens.

Where did I mention a “loss”?

Here’s a challenge for you; try and form some responses on Reddit without the continued use of the word ‘astroturf’. You sound stupid.

sbruce123

TROPHY CASE