my rant isnt over...:)
So if you have between 500k and 1M in SMSF are you supposed to be considered rich ?
I thought the Govt did not want me to draw on an Age Pension ?
@4% = 20-40k per year (and I pay some tax), its not exactly living high on the hog
So 80/20 rule..20% drew 80% of...
I virulently objected to the Labor Party about the Dividend Imputation policy the instant I heard about it, due to being a SMSF in pension phase, aged between 55-60..I still pay tax mate!
I retired primarily due to a medical condition..so not by choice
The idiots I spoke to, including Chris...
agree in part with your statement, but applying that logic, ANY super concession
is a form of welfare.
Change is inevitable, but this seems to target a SMSF holders " unfairly"
Its been "my money" for many years, and I hope it continues to be..
its a s.o.b filthy conniving POLITICAL dog act, because Labor KNOW the vast majority of SMSF owners will be Liberal voters. They would have been LAUGHING GAYLY as they discussed this over the policy table.
predict it will make mess of bank shares..can you say the word SELL
Does the retention...
The proposed changes by Labor are one of the most vicious cash grabs I have come across, enough to change my vote, because it will affect me.
Luckily my SMSF only provides a part of my income, but nevertheless, my own situation shows how bad it will be for others less well of than me, and I am...
I did think of this whilst settling the last matter, over which I had to fight far more vehemently than the others, for ~$20hr, but commonsense WAS on my side, so I persisted.
can usually save $100+ an hr by negotiation, ~$1000p/r on the Insurance case was a good result... (more cost effective...
sorry my edit & bold..I ask them if they are familiar with the film Terminator, (one of my favorites)
and the line where they say "they will never stop, they cannot be stopped"...always infuriates them.
one time our company dug up alongside Pacific Highway, and laid telco gear on the...
almost as quaint as Adam Gilchrist walking once when replays showed he never went close to hitting the ball, nipped off a crack instead
just last night I negotiated a deal, turns out the guy is wealthy, and small change means little to him, so he is virtually giving me something, and wants to...
Hi & all
Tech/A whose probably been on the ar$e end of a few bad deals is right, everything is negotiable
@ OTrader, hoping, (probably failing) not to sound condescending here;
most cases I have settled with Insurance have been subject to negotiation, might have have been by costly lawyers...
please share the joy..after all, as you correctly stated you could be paying,
so you may as well lighten up bro.
Ive seen much worse though professionally, the wastage in the system is horrendous
We reached a commercial settlement, couldnt believe how cheerful the dude that signed off on the...
an update
this matter has now been settled for ~20c in the dollar.
I would advise others in a similar situation to negotiate with the Insurance Co, I found them surprisingly easy and pleasant to deal with.
after seeking advices, played my hand well with the cards got dealt, went against the...
someone near & dear to me may be facing this issue, and I am doing some research on the options.
The situation is they crashed an uninsured car into a parked vehicle.
damage to the other vehicle, (which was insured) is the issue, with my estimate $10k min, but maybe write-off ~40K (still...
Probably wont have to
I wouldnt... why would anyone?...unless they compel it
might be be hard to check anyway....maybe reversible?
The cars perform well from what I here and read
Main damage for owners is resale?, thats gotta hurt, maybe I should buy one soon..buy low and all:p...
yes on all fronts basically
other small diesel vehicles can pass the test legit now, use different technology, but more expensive!
petrol and hybrid technology is generally/arguably considered less polluting in small engine cars
VW must have known for a long time.
What they did is...
The only silver lining I can see is it is in no-ones interest for the company to fail.
How (or whether) that objective is achieved would need to involve;
1) some leniency from regulators
2) serious re-jigging of the corporate financial structure
3) Win back disaffected customers, which might...
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