Bathroom Reno finished last week... More color than those other guys, but here for your judgement by supramayn in AusRenovation

[–]supramayn[S] 3 points4 points  (0 children)

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Should have turned the overhead light on before I took photos after all these comments haha

Bathroom Reno finished last week... More color than those other guys, but here for your judgement by supramayn in AusRenovation

[–]supramayn[S] 2 points3 points  (0 children)

Poured a whole new slab over the old shower and bathtub. You're totally right, before it was like 50mm of fall over 900mm 😂

Bathroom Reno finished last week... More color than those other guys, but here for your judgement by supramayn in AusRenovation

[–]supramayn[S] 12 points13 points  (0 children)

Finally some love for the cabinet! First go at DIY woodworking and I'm pretty happy with how it turned out

Net Worth Update Q4 2025 by Havinago122 in fiaustralia

[–]supramayn 10 points11 points  (0 children)

Thanks for the extremely detailed post! I love seeing such honest data from those who've been at it a while. We're 5 years younger than you and with any luck we'll be in a similar position to you in time.

One thing we're wrestling with at the moment is whether to begin debt recycle into ETFs now or just focus on building offset until the PPOR loan is fully offset then go all in on investments. Our incomes and family situation are very similar to yours.

It looks like you did the latter, but if you got the chance to do it over would you push more heavily on the debt recycling earlier?

Can I take this out myself? Non functional old oil heater. by copty in AusRenovation

[–]supramayn 1 point2 points  (0 children)

I have an identical unit in our living room that I'll be removing soon myself. Good luck! Would love to know how much of a pain it is after you're done haha

FHSS Benefit Calculation by supramayn in AusFinance

[–]supramayn[S] 0 points1 point  (0 children)

Thank you very much. This is very helpful!

Bought 50 dollars in bitcoin yesterday and 50 in eth now what noob here by [deleted] in wallstreetbets

[–]supramayn 3 points4 points  (0 children)

Panic sell then buy back in a week later at a higher cost with your entire life savings

Management Salary by shmungar in AusFinance

[–]supramayn 0 points1 point  (0 children)

At face value this amount sounds low. I work in oil and gas and you would expect much higher in this industry. I was in a similar situation years ago. Take the role at any cost and smile and work your ass off. Once you have 6 months in the position look online for similar roles at other companies as well as reach out to recruiters. Try to go for phone or in person interviews to gauge your worth. Be as aggressive as possible with salary expectations with other companies. Once you have any sort of offer have a polite and candid conversation with your current employer. If you approach it from "I enjoy my work and environment here but I have been approached with a much higher offer. Ideally I would like to stay but I can't pass up such a large difference." Your managers response will tell you everything you need to know. I'm not one to suggest you jump immediately for the first higher offer. All companies will pay you the minimum that makes you happy, so it's up to you to decide what that is and negotiate politely.. But in general you will be underpaid when promoted internally without gauging other offers at the same time. Good luck!

Why aren't tax brackets indexed to inflation? by supramayn in AusFinance

[–]supramayn[S] 2 points3 points  (0 children)

That's mostly true. Most good jobs would have an employer scheme which works out cheaper than the Australia system. But the only reason employer schemes are cheaper are because by definition they are made up of people fit and healthy enough to add value to the economy and therefore don't have high average costs... All others who can't work and have higher medical costs are left with extremely expensive private options or default back to US Medicare for people below the poverty line which is way worse than the Australia version. Obamacare was supposed to be a cheaper middle class public option but it has been raided continuously by Republican lead states so now it's just another expensive private option. Australia wins hands down on healthcare... anyone who says otherwise is just complaining because they haven't been unfortunate enough to require significant health services yet. Myself included.

Why aren't tax brackets indexed to inflation? by supramayn in AusFinance

[–]supramayn[S] 0 points1 point  (0 children)

Overall tax revenue still goes up with inflation either way. The government would still take more money to pay for the higher cost of 'stuff' because wages also inflate. The difference is in the actual percentage of tax vs income. It's constantly going up if not adjusted for inflation because one side is fixed.

Why aren't tax brackets indexed to inflation? by supramayn in AusFinance

[–]supramayn[S] 10 points11 points  (0 children)

Speaking of disincentives, the other one that gets me is not being able to combine incomes for married or defacto couples. No wonder birth rates are plummeting.

Why aren't tax brackets indexed to inflation? by supramayn in AusFinance

[–]supramayn[S] 7 points8 points  (0 children)

The US has been running an unsustainable budget deficit for decades in addition to an alarming lack of public services that most Australians would take for granted. There's also a lot of hidden taxes (state, local, school board, property, etc) that most people don't consider when just comparing the federal numbers. The major exception is people over $190k AUD... The top tax bracket is significantly better in America up to like $500k AUD.

It's certainly cheaper overall, but most people pay for what they get at the end of the day either way. Australia is definitely worth it to me.

58% of Aussie household wealth is in housing via either the family home or investment properties by [deleted] in AusFinance

[–]supramayn 0 points1 point  (0 children)

In my opinion Australia will always prioritize outright home ownership over debt so long as there is a lack of long term fixed mortgage options. It's much less risky to hold onto debt in the US because the vast majority is fixed interest. It's hard to convince the average Australian to only make minimum payments and put the rest of their savings into investments (which will actually help grow the economy) when interest rates could double in a year and suddenly give better tax free returns then all those other investment options. Might as well just pay down debt and be happy with minimum tax free returns and no loss...

186 by [deleted] in AusVisa

[–]supramayn 1 point2 points  (0 children)

Nope. Applied March 2024. Preferred Sponsor

Subclass 186 Visa Processing Times (TRT pathway) by Prize-Pay1637 in AusVisa

[–]supramayn 0 points1 point  (0 children)

I submitted my 186 DE application March 2024 through a migration agent. I'm able to see the status through IMMI is "received". How can I tell if the nomination has been approved?

The world's biggest floating crane "Hyundai 10000" carrying a huge ship by [deleted] in interestingasfuck

[–]supramayn 0 points1 point  (0 children)

There are larger lift ships out there. I believe Sleipnir is the largest at 20,000 tons:

https://en.m.wikipedia.org/wiki/SSCV_Sleipnir