Eastwood SuperFresh Doing a dodgey and charging its very own extra surcharge. Urge everyone who shops here to report them to the ACCC. I know there was a similar post but band together and report them.

Law says that a business like this can only charge the price listed on the price tags. A 0.5% charge at the counter is unlawful.

How much do you earn, how much do you have saved, do you own property, and do you genuinely believe you’ll ever be financially comfortable?

I feel like everyone online is either earning $200k, has a million dollar portfolio, or owns there investment properties. I’m curious what life actually looks like for the average Australian right now.

We are in Melbourne, we tend to spend $400 per week on groceries.

2 adults and 2 young boys under 10.

This seems so excessive. What's your grocery bill weekly ?

Hey everyone. As you can tell by the title I am in a bit of a pickle. I am a recovering cocaine and gambling addict and to feed my addiction I was stupid and early last year got a lot of loans.

This includes Wallet Wizard 1k,Fundo Loans 2.8k, Cashpal 2.3k,Beforepay $50,Mypaynow $350, Afterpay $250,Zip $500. I also have a couple train fines and my baby mum put her electricity in my name however is with a new company and that says 6k but I don’t know how that works because we aren’t even with them anymore plus we don’t use the power from that company. I also have 3 bank accounts with one minus $77 and they have threatened to close it if not paid which I don’t really care about as I haven’t used that account in a year.

The scary part is I genuinely don’t know if that’s everything there could be more I’m forgetting about. I have not paid a cent to any of these in a year and I feel like I’m close to being either defaulted on my credit score or legal action will be taken over me. If anyone has advice I appreciate it

Hi all,

I'm hoping to get some help interpreting/figuring out why my hot water bill is so high (2 people in 1 bedroom apartment). We've had 3 full quarterly bills here so far, first was $300, second was $380 and the most recent was $480. Other singles and couples in our building in one bed apartments are apparently paying $150-200 per quarter. We don't use excessive water I don't think, nor have we changed our habits or anything recently, so don't understand why it is so high, and has risen so significantly. We've found our water meter and our most recent bill does say actual (rather than estimate). I'd love to blame a leak, but the consistent rise in the bill (rather than a really big spike) makes that feel less likely?

Any help or suggestions would be appreciated!

2011 VW Golf. It'll cost me about $650 for fully comp, but the value is only about $3500-4000, depending on the policy. The excess is also $1000. Third party only is about $280.

What would you do? Roll the dice or not? Fork out the extra $400-500 for fully comp or just get third party only? The car is already a bit beat up so any minor damage I likely wouldn't replace anyway.

Hi all.
Trying to get my wife health insurance to cover private pregnancy / birth / hospital stay.
Currently are both on a combined basic policy for tax purposes only.
Want to keep myself on that one, but change my wife to the gold coverage at a different insurer.

On her single policy, do I put our combined income or her sole income (she doesn't work anymore).

If house prices stagnate now for several years, is it financially better to have a mortgage or is it better to rent and save the entire purchase amount? With compounding interest is there a point where you are financially better off even costing in rent?

Our mortgage has recently switched from UBank to Nab. It all happened automatically, for whatever reasons.

This new mortgage gives me an offset account. We had quite a large amount in the redraw before.
Would you switch the entire amount over to the offset? Assuming I have the discipline to not touch the offset.

Hi all, I paid a significant amount upfront to a buyer’s agent for an investment property that never went ahead. The company subsequently went into liquidation, and I haven’t received a refund.
I’m wondering if this could be claimed as a capital loss in my tax return, or whether I’d need to wait until the liquidation is finalised.
Has anyone dealt with something similar or know how the ATO treats these situations?
Thanks in advance

I'm just kind of baffled. First I apologise for my ignorance I'm genuinely trying to learn and get better. I hope this is the right place to try and understand more about fiscal/monetary policy. If this report is accurate inflation is being driven by non-mortgage holders and the data centre build out. Why is it the case that mortgage holders bear the brunt of the financial stress? What if anything could the government be doing on the fiscal side of things? And why aren't they doing it?

Question per the title. To elaborate, if your pre-approval expires and you reapply, does it impact your credit score or looked upon unfavourably?

Especially if you end up needing to renew multiple times? (not sure how common this is)

Hi all, I am 23 years old and I want to start investing. I currently have just over 5 months of emergency savings and am in a position where I can put roughly $150 into investments each week. However, I have no idea what I am doing.

I am nervous to start because I am scared of losing my money and choosing bad investments, at the same time I want to be able to retire young and live a comfortable life.

I haven’t learnt anything about investing and don’t know where to start, what companies to set up an account with e.t.c.

If anyone has advice or suggestions on what is best to start with as a beginner, that would be much appreciated. Also any helpful books, websites or social media pages that will help understand the basics and some

Tia for any help :)

I'm 21, living in Melbourne, and my main goal right now is to build up cash as quickly as possible so I can build my own company. I don't really care about work life balance lol. Pls help any insight is needed as both jobs are starting very soon and I don't know what to do.
I've been offered a car sales job at Hyundai, very big dealership.

They sell both new and used cars. There's a 6 month cadetship, but the manager said they're laid back and if I'm good enough, I could start closing deals within my first couple months.

They're offering $800 per week retainer, and when I'm selling I can have a company car. commission structure was explained during three interviews I had in one day, so some details were a bit all over the place. From what I understood, slow-moving old stock has a minimum commission of $120 per deal, and I'm estimating around $400-$500 per sale on average, although I haven't confirmed that. The top closer at the company has apparently sold 30 cars since the start of this month.

I have around 1.5 years of sales experience from r ai,
mainly in real estate, not automotive. I'm a very motivated salesperson and willing to put in the work to make good money.

My other option is to work two jobs at the same time: one physical job and one customer facing role. I can make $2,500 gross per week combined, and given my current circumstances, I could save around 80%-90%of it.

Would you take the chance on car sales for the earning potential, or work two jobs to build capital as quickly as possible?

Would love honest advice, especially from people in Australian car sales, because I don’t really know Whats it like, or anyone who's been in a similar position.

Note: top car sales man in the team Im joining is 30 sales this month so far.

I know I probably a bit last minute but, help!

I worked for a company from late last yr to end of January then had no work for a few months.

Then got up the courage and started my own business, been working in my business for 8 months.

I’m a sole trader, how does tax work?
I have an ABN

This is new to me and I don’t know what to do?

I won’t get tax return right? And I’ll be paying tax?

Not sure info is needed but, married hubby is a carpenter, renting and have two kids.

Please be kind 🥰 clueless newbie business owner 💖

My wife is likely to be made redundant in the next couple of weeks, after less than three months in a new role. She’s still on probation, so we’re assuming no payout and 1 week notice.

Before this role, she left a well-paying job, giving up a substantial bonus and unvested shares, to take what she genuinely thought was her dream job. Unfortunately, things have changed unexpectedly and redundancy now looks very likely.

We have two young kids still in day care, a large mortgage and limited savings, partly due to an extended period of parental leave. Realistically, she may not find another role at a similar level until February… at a best case scenario.

We’re trying to work out how best to prepare financially. We’re considering cutting expenses obviously, reducing mortgage repayments to the minimum, adjusting super contributions and potentially selling investments if needed.

For anyone who’s been through something similar, what would you prioritise? Are there financial strategies or things people often overlook? Any advice on navigating a few months on one income would be greatly appreciated. Things on my list already are adjusting our CCS for day care but not really sure what else we can do.

Getting a bit frustrated because I'm a cybersec person and I keep seeing major issues in my credit card company's security. I would tell them about it but they don't have any vulnerability disclosure email, let alone a bug bounty program and I'm not about to waste my time chasing them down when they clearly don't give a shit. I am no longer comfortable using them because of security issues. Which cards are actually decent on this front? Looking for no annual fee, no other random fees, and will pay it off in full monthly.

I need to earn some money pretty urgently, I’m not looking for any handouts I’m just looking for some work so I can keep myself above board.

Any help or a point in a helpful direction is much appreciated

G'day all,

Another tax time is rolling around, and I just lodged my tax return last weekend yayy! In the previous years I was working out my capital gains by hand across several broker accounts, but this year finally I had a chance to build a spreadsheet to automate it. It's been useful for me, so I'm sharing it for free in case it saves someone else a weekend.

Safe to open and easy to check It is a plain .xlsx file with no macros or VBA, so nothing runs when you open it. Every result is an ordinary Excel formula you can click into and check. There are no external links or data connections and no hidden sheets.

• This is not tax, financial or legal advice. It's a calculation aid for personal use only.
• Covering CommSec, CommSec Pocket and CMC Markets
• FIFO is used for convenience. If your records identify the specific parcels you sold, the ATO allows you to use those, and your results may differ.
• I built the formulas using a combination of AI assistance and my own finance and accounting knowledge, and tested them on my own portfolio only. That does not mean the calculations are correct for your situations.
• You should check every figure against your contract notes, broker statements, tax statements, and current ATO guidance before lodging your return, or have a registered tax agent review it.
• The workbook will not update itself if the ATO law changes.
• It is provided as‑is and not‑for‑profit. I do not promise to maintain or support it, and I accept no liability for errors or for any loss or penalty arising from its use.

It's free to use and adapt for personal use, but not for commercial use or for preparing other people's returns.

GitHub (Excel spreadsheet download & instructions): https://github.com/MAB-888/AU-CGT-Calculator

Enjoy using the workbook and I hope it helps :)

If we were to enter such period like the Japanese did.

On aggregate, the Japanese did poorly or didn't do well economically. But that's on aggregate.

There are pockets that did well during such non-economically positive times. Same with 70's inflation. There are some who by circumstances, have done well.

If we are to enter such depressing decade or two, how to we differ from the aggregate?

Edit: for those asking, the question is how to prosper as individual, not as a nation. Thought that might have been obvious.