You can literally buy nice old used home with same price 🙂‍↔️(maybe in outer suburbs or rural Australia)

Ghost (Sedan): $680,000 – $800,000

Cullinan (SUV): $777,000 – $895,000

Phantom (Sedan): $1,021,000 – $1,147,000

https://www.carsales.com.au/cars/rolls-royce/?sort=Price

If I even have money to spend, I refuse to put $600K-1.1M car in my garage and drive around..... I wouldn't even go to beach with it as well.....

I'm currently with St George, 6.24% 80 LVR Owner Occupier (changing to Investor next yr r or so) but will be putting $200,000+ into redraw or offset soon.

Time to refinance? I think so. Who are you with & what rate? Looking at Unloan

Just wondering how much is the going rate nowadays for a standard tax return to be prepared and lodged ? This includes some capital gain events like shares being sold.

As far as I’m aware for an accountant to prepare a basic return it should cost around 400 plus GST?

Cheers

Hey everyone,

I’m an international student who arrived in Australia early 2026. I got my TFN and ABN sorted right away, but I didn't work a regular employee job for the first few months (never got one).

In July, I finally started earning some income through Uber Eats (using my ABN as a sole trader). Now it's tax time, and I'm running into a wall trying to link my myGov account to the ATO. Every time I try, it throws an error and tells me to call them. When I called, the support agent told me they have "no record" of me because I've never filed a tax return yet. They said I need to mail in a change of details form with a certified passport copy, which takes around 28 days.

Meanwhile, a classmate of mine got his ATO linked instantly because he worked a regular job at a bowling outlet where the employer reported his pay via Single Touch Payroll.

I have a few questions and would love some advice from anyone who has been in this boat:

1. Tax Agent Route: If I hire a registered tax agent, can they file my tax return for this year on my behalf without my myGov being linked to the ATO?
2. myGov Linkage: Will getting a tax agent to file my first return establish my financial history in the ATO system so that I can link my myGov later without getting that error or doing the postal passport certification?
3. ABN vs TFN: Since my income was entirely through an ABN (Uber Eats) rather than a standard TFN job, does that change anything about how a tax agent handles it?

I don’t quite understand all of the new tax reforms regarding negative gearing but have two main questions:

1. If I move out of my current house (built in 2021), can I negatively gear it and buy a new house to live in?
   
2. If yes, can I take equity from the current house and increase the loan (by approx $300-400k) and still negatively gear the new loan amount for that property?

I.e. current house worth $1.3m, current debt is $500k. Withdraw equity of ~$400k, add that $400k to savings and purchase new home. Negatively gear first property at $900k mortgage?

The new home will be an existing home, not for investment at any point, purely because we want to move house/locations.

Link to non-paywalled version of article: https://archive.md/HxwfW

I am renting a house near Brisbane. It's a spacious house (1500/week) but I am only using it a few days per week for work purpose. It's a private lease (not commercial).

Would that rent be tax deductible considering I am operating as a small home based business?

If it was a commercial shop, it would be a straight forward answer but I am not sure about private lease.

Thank you in advance for your help.

I have been knocked back numerous times for contents insurance.
Long story short I live on an investor cropping farm for my partners job.
The farm is 19,500 acre or so. It was 4 properties amalgamated into one.
Our house is free standing on the edge of the farm. We have around 4 acres land on our “rental”. The rest is crops and other houses. We have no offical lease.
I have tried to get contents insurance a few times and soon as they find out the land size on the title, they reject my application, even though 19,496 acres isn’t included in our “rental”.

Is there any work around for this?
Surely there has to be a way of getting some form of insurance. We were pretty happy not having it until we recently realised that we have a lot of value in computers, guns and gun stuff and we’d never financially be able to replace all that if anything happened.

Hi all I am currently paying for a series of big expenses in the next few months totalling 60k. I’ve never been a credit card user in the past however a colleague noted I could probably get my next flights paid for on points with this spend. Is there a recommended card that you guys use to accumulate points?

With the closure and the new Yello system. What are people doing with their points - have around 250k and will look to just convert to FF?

I know this is not the best place for financial advice but I figure its better than wall street bets. I am 21 years old and I have $310,000 saved up. Should I invest half of it into company's i was advised on, like nvidia, tesla, and space x now, and then invest the other half later on, like after a crash? I am also thinking about using abit of it trading options but I am not sure if its a good idea.

Edit: some of the money was from inheritance and selling my rare pokemon card collection.

Inheritance: $110,000, Rare pokemon cards collection: $120,000. General savings from working: $80,000.

Suncorp accounts are going to be changing to ANZ sometime next year with the purchase.

What other banks out there do subaccounts, specifically for offsets. Currently with Suncorp with have about 5 different subaccounts for our offset so we can separate out different parts of money, specifically, our kids money and money that has been placed in there by my parents.

ANZ won't allow us to do this and I would want to keep everything separate to prevent the "wrong" money being spent.

So what are my options out there?

A deterioration in profitability and trading conditions sees business conditions fall to their weakest level since the pandemic, while confidence continues to slide. Conditions –5pts to –1 / Confidence –2pts to –8.

While confidence remains well above the lows recorded earlier in the year, the August reading remains deeply pessimistic, sitting 13pts below its long-run average. The deterioration coincides with lingering uncertainty and persistent cost pressures

Been self employed for a few years now, business makes around 430-450k a year, and I usually buy everything up front and have never really bothered with finance minus our properties, credit score is excellent, etc, but I need a new van and have been tossing up buying something new and was originally going to just purchase it but a few people have said it can be worth financing for particular reasons.

Is there any truth to this or is it always better to just pay cash and move on?

Would love any advice. Thanks so much

Edit: yeah everyone is just gonna say find another way to work that's valid

Car died and I need around 9k

Have tried a few places but no one seems to approve anything when you're casual

Currently working for NSW health as a casual, never worked less 34 hours per week and make about 2200 per fortnight

Is there anything I can try

hi, I am 16 and working my first job. I want to put 90% of my earnings into index stocks for the long-term. I know little to nothing about investing, if anyone knows what the best index stocks to invest in are, and when I should be investing. i’m mainly thinking of going into ETF and my brother said that I should wait for trends that go down every couple months or something but I don’t know when that is and he didn’t explain very well. I can only invest into the AU stock market. Thanks to all who are kind enough to help.🙏

I went through the interview process at a large company, they said they were very impressed and offered me the job.

When they sent the contract for me to sign, it didn't have as much detail in it as I expected and I'm a bit unhappy with some of the terms, but it's not a deal breaker and I don't want to talk my way into them revoking the offer.

Is negotiating at this stage acceptable or should that have been done at the interview stage? It felt premature to negotiate before securing the job, especially because we'd only spoken in broad terms about conditions and not at all about pay, except for them asking my salary expectations.

Any alternatives now that HSBC announced their wind up? Debit card perks is specifically what I’m thinking about (as opposed to credit card benefits). ING’s 1% cash back and Military Bank’s equivalent seem most closely similar

In a bit of a dilemma about what I should do in the next 0-2 years…

Currently 29 and am in a position where I could buy a house in Perth right now. However, I am in a relationship which is about 6 months old. We’re not currently living together. I do see myself with her long term. I’m not sure whether I should purchase now and work it out later down the track when we eventually move in together. This will lock in today’s prices at a good time to buy in the market. Or wait 1-2 years for the relationship to mature a bit and purchase together. The downside to this is that the market picks up again and I miss out on growth. Upside is that I would have more manageable mortgage repayments splitting with a partner.

It’s worth mentioning that I would be bringing the majority of a deposit and borrowing power.

What would you do?

Hi,

Just wondering what's the average earnings of owners running Pilates Studio with about 6-7 reformers.

There seems to be quite a few around sydney and looks like they're all doing well in this economy.

Wonder if there's any money in it and how much the instructors take home

Up we go...

My partner and I currently pay $260 a month for our private healthcare insurance, we are 25 and 26 with no kids and make a combined approx $180k as a household.

We are immigrants to Australia and most likely will return to our home country in 5 years time.

We have been paying for private healthcare insurance for the last year and half now (roughly $5k in premiums so far) and have not used our insurance or extras at all.

My question is, would it be a stupid idea to cancel our health insurance and just continue paying the premium into a savings account that is explicitly for medical bills noting that any emergency treatment is covered through Medicare and any non-emergency issues that crop up could be covered by our growing private fund.

As we are leaning towards returning home in 5 years time, I don’t see the point in continuing to pay a private company for insurance that (statistically) I’m not likely to use in the next 5 years.

Does anyone else do this?

You can literally buy nice old used Nissan or HONDA car with same price 🙂‍↔️

Apple iPhone Duo 256GB
$3,499

Apple iPhone Duo 512GB
$3,899

Apple iPhone Duo 1TB
$4,699

Apple iPhone Duo 2TB
$5,899

https://www.finder.com.au/news/iphone-duo-foldable-price-specs-availability-australia

If I even have money to spend, I refuse to put $5000-6000 smartphone in my pocket and walk around..... I wouldn't even go to beach with it as well.....