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Hey guys, I saw a post a while ago that had a website to calculate how often to invest in etfs. Balancing brokerage vs return over that time period.

Any idea what the site was? Thanks a lot

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If they get rid of negative gearing, can’t people just start a business, buy property as a business and then go back to negative gearing?


Hi all,

I'm currently 25 renting with my partner after moving out of home earlier this year. We have a combined household income of about 120k p.a before tax. Recently I have been reviewing our financial situation where I was going along the 'rentvest' option putting spare cash into ETFS/LICS (about 25k so far) with around 50k sitting in an ING HISA. However my partner and I have decided that we would like to purchase a PPOR as we are thinking of starting a family etc and would rather do so owning our place as opposed to renting. Also because she is able to work from home with her own business although our rental apartment will not allow it (hair beautician in case I get asked) is another reason why we would like our own place so we don't have to lose a source of income if children come into the picture. Our goal to purchase our PPOR would preferably be within 2 years max. Therefore my questions are:

  1. Am I better off liquidating all assets and putting all cash into HISA given the short timeframe I intend to buy a PPOR?
  2. Another issue I have is wanting to use the FSSS scheme as well as FHOG/FHOB. However I do not think I am eligible as I have unfortunately been a part owner of an investment property with a family member (Have sold out of the property this year now no longer tied to it) However my partner has never purchased so is she still entitled to the above benefits or is there anyway I can still claim them?
  3. Any idea how to get my partner on board with the financially savvy side, as she tends to over indulge a bit. Looking for advice on people who had similar partners who were able to convert them to the investing/financial awareness side.

Thanks all I appreciate all feedback whether positive or negative and sorry for the long post!


I am a university student interested in doing a study tour at the end of the year as part of my degree. I meet all the general requirements about citizenship, course still to go etc.

You are allowed to apply for up to $6,665 (if you will not be studying in Asia) or $7,998 if you will be studying in Asia.

Even though the estimated cost for the study tour is $2500, can I apply for more? Like I get that it has to be paid back eventually, but a basically interest free loan seems like a good deal. Do you have to show evidence of spending the full amount if you apply for it?

Would I get in trouble if I apply for the full $7,998 (its in Asia) then only spend $2-3k? Am I likely to get rejected outright, or asked by the university why I need the large amount? Anyone here had any experience with this? Cheers



I have a few questions, I hope this is okay because it is kinda personal finance related but also small business related. I will try and explain as much as possible and hope that this is the right place.

BACKGROUND: I currently run a microbiz (sole trader) manufacturing and selling a product. I also have a four day a week office job. I hate my office job and want to transition to run my microbiz full time but I have ~the fear~.

I don't know when is the right time to make the jump or how I would go about creating an exit strategy. Right now I have three days a week to work on my biz and it's just enough time to supply demand, but there's no time left to work on business growth (through the creation of new products, marketing, etc). I've been spinning my wheels for the last 12 months in this capacity. Theoretically if I work on the biz full time I'll have the capacity to scale the biz up and generate more income (duh) but..... ~the fear~.

ISSUE ONE: I've become mentally reliant on having dual income sources. Right now, pooled, my total income is about $96k. $54k from my office job and $42k from my side hustle (after deductions). So it's evident that the biz is almost generating as much income for me as the day job. That's promising! I'm scared to take a 50% pay cut. I also know that there's going to be nothing left to GROW the business if I'm spending all my income on living expenses. That's concerning.

SIDE NOTE: Although I hate my office job, it's actually the best most cushiest job I could possibly have under the circumstances. I just get disrespected a lot because I am on the bottom of the barrel which fucks with my mental health, and I am of the strong opinion I will not be allowed to go down to two or three days a week which would be my preferred move at this point. So it's either four days or nothing. And four days is too many days at this point.

ISSUE TWO: Because I'm a sole trader, I had to pay income tax on my combined income, which left me with a $15k tax bill that made my eyes water. I'm unsure if becoming a company would be a good option in this instance.

ISSUE THREE: I currently have $145k in 'business savings' and a further $35k in 'personal savings'. I know as a sole trader this is all 'my money', but I keep them separate to make it easier on my feeble brain. In any case, ~the fear~ doesn't want me to assume personal risk by spending my savings on running the biz. Which is probably stupid right? The monies are in high interest baring savings accounts - the $145k in ING and the $35k in Rabo Direct.

So I guess, what I'm asking is -- for someone to tell me:

  • Is it time? Am I ready financially? Or should I hold out until my biz income surpasses my day job income completely?
  • If it's not time, how does one go about creating a financial exit strategy? How so I work out how much extra income would I need? Could I just go get a one-day a week job in a cafe or something?
  • Should I become a company to reduce getting taxed out the wazoo? (although if I quit my day job I'll fall back into a much lower tax bracket so maybe that's unwise).
  • Should I be assuming some personal risk from my savings and if so, how much is appropriate? If not (whether because you guys think I won't need to or because it's a bad idea for other reasons), is there something better I should be doing with that money?

Thanks in advance to all those wiser in the art of money than me!


Good afternoon,

I was hoping someone could shed some light on the possible fallout in my current scenario:

My workplace is currently undergoing new EBA negotiations (national company), but my current position is not properly classified in the current EBA. For the level of responsibility and what the role entails, I feel, and my union representative agrees, that I should be at a higher classification level. This includes an increase in hourly rate.

A lawyer from the union is drafting a letter to send to the HR department on my behalf, asking for higher grade and hourly rate, however I'm a little concerned I may be making a big mistake in raising all this. Particularly if I was to then get blackballed in the future applying for other jobs.

I've compared other companies in the same space and our current EBA the conditions are frankly woeful across the board.

Any insights?



Hi has any1 had success in peer to peer lending with big amount of money invested , 50 - 100k ? Any issues while investing with them ?

Im looking at truepillars and ratesetter


the BFI recommendation on insurance is

If you are crook &
If you cant work

Is this Income Protection
& Total Permanent Disability?

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Sharesight’s valuable tax reports (built according to ATO rules) save Australian investors both time and money at tax time. Whether you file your taxes yourself, or via an accountant, Sharesight’s Australian-specific tax features make completing your tax return a breeze.


Hey All,

Wondering if I could be pointed in the right direction. If I'm using CommSec international - I have to buy USD - then they're transferred to my INTL account.

My question is - if I buy 1 AAPL share @1000USD (yes I know this is wrong) and then sell this at 1500USD

What CGT do I pay ? Is it 500US minus Brokerage? Do I account for the exchange rate ? Or does it not matter what I do untill I cash out my USD into AUD?

Thanks in advance fellow finance geeks !


Im thinking of putting 5k in the vdhg index , thoughts ? Is it a good long term index Who else is invested in it ?


Tried googling but haven't found the right answer that is within Australia.

I got accepted for 2 credit cards. I only wanted one tbh. But i need to get both to have the annual fee waived. Anyways. What happens if i don't bother activating the second card? Is it still considered open? And if by some chance i forget to cancel it after a year, will i get billed with an annual fee for a card i havent used?

Any help would be appreciated!


Hi guys.

So i'm 24(M) who's currently doing a paid full time internship with a federal government agency (not allowed to disclose which one). Its 33k tax free as it's through my university. I have about 5k in the bank and one more semester of uni left after this year. (july 2018 to july 2019)

My field is data analytics, ai and machine learning. Currently living with my parents.

No real expenses except for phone, gym and food.

Had a tumultuous past hence why i have had a hard time saving money even though ive been working. It's also why im 24 still at uni. Was homeless for a bit but shit together.

This year is looking great though. My question is where too next?

Should i start saving for a house? Invest in stocks or keep saving?

I have a partner who has been hinting at marriage in the next 3-4 years but i dont see how i can possibly afford a house, wedding and the rest in such a short timespan.

Give me as much info as possible. Im a bit lost. Never had a financial role model before and i dont know whats the normal position to be in at this stage of my life. This sub has been an awesome resource so im keen to get some opinions.


Hi what are some low risk index funds to invest in for the low term , im 23 Ive got 130k cash saved , but im happy to put in 5-10 k or more depending on the best strategy

What are some index funds That are low risk but are sussesful over the long term


"Most Recent Dividend 1.0173 Dividend Yield 4.17%"

What's the difference?

4.17% of $79.56 share price is $3.317652 per share.

What does the most recent dividend 1.0173 mean?

This is for VAS.


Last financial year, I purchased VAS/VGS via CommSec, but it hasn't shown up in MyGov yet (Pre-Fill).

Just wondering, has the "Pre-Fill" data appeared for anyone else on MyGov?


Following a review of our interest rates, we will be increasing variable interest rates for investment loans for new and existing customers by 0.15% p.a. effective from 25 September 2018


After a general discussion about what everyone's plan of attack would be in my shoes. I'm 21, currently have $20k in a high interest savings account (2.5% lol), and am depositing minimum $1000 a fortnight into it, leaving me the rest of my pay for bills/food/expenses ($500), and what I have leftover each fortnight goes into the savings account again (usually $100-150).

The only reason why I'm using the savings account is because I got a job with a bank and it was just convenient since it was already open. My goal is to buy my first home sometime next year, expecting to have saved another $30k (excluding interest) by mid next year.

What are your suggestions of the best way to maximise returns on my savings, obviously with minimal risk?

I also have another $10k emergency fund in case my car shits itself which is and will be untouched unless absolutely necessary.


I feel like a bit of an idiot asking this question, it is something I thought I knew but now I am not so sure.

I have a credit card that I use for day to day transactions. Every month I pay it off in full leaving that money in my offset for as long as I can. The question I find myself asking now is what balance am I supposed to pay off on the due date? The current balance, or the closing balance of the last statement?

I have been paying the current balance i.e. log into internet banking on the due date, find the current balance and pay it all off.

I suddenly get the feeling I should be paying the closing balance of the last statement by the due date. And transactions made between the last statement date and the due date are actually due to be paid on the next statement cycle.

When I pay I get these four options - what should I pay on the 4th of October?

  • Minimum amount ($30 - Due 4/10/2018)
  • Last statement closing balance ($1,300) Statement end date: 09/09/18
  • Current balance ($2,500)
  • Other amount


If someone has recently purchased an OTP property in the suburbs, and the value of housing goes down in Melbourne. How would that impact my ability to get a loan in the future once it settles?


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