Potential new neighbour hasn't been paying their body corporate fees - So I am looking to buy a unit on a block of 3 units total. Currently 2 units (including the one im interested in) are owned by 1 person, they have been covering the body corporate fees of all ... See More 3 units because the owner of the one other unit has refused to pay. They seems like one of those 'sovereign citizens'. So has far as I understand if I were to buy this unit I would have to cover 50% of this persons body corporate fees as well as my own. What are my legal rights in this situation? I am trying to save myself years of legal headache in the future.

Enough money for the next 30 years? - Hi Guys,

I'm an Aussie that departed Australia a few years ago to live overseas.

First my bio:

\-Age is in the mid-50s

\-Live in a cheap country outside of Australia

\-Liquid assets of USD 650,000 cash in a brokerage account currently earning 4.5% interest

\-I'm not working ... See More nor do I have any other type of income

\-I believe I will **not** be entitled to an Age Pension in Australia the future

\-My monthly living costs **are less than** USD 2000 (USD 24000 a year)

\-My Aussie Super account has only about $A20,000

\-I also have an emergency 6 month's worth of cash which is funding me currently

So my question is; do I have enough money to cover my living costs for the next 30 years? Assuming of course I actually live that long. I plan to continue living in the cheap country I've been living in.

I'm thinking about using my USD cash to buy dividend stocks that will give me a 5% return (USD 650000 x 5% = USD 32500) which is a good amount above my living expenses...any left over money I would use to buy more stocks.

What possible flaws or risks can you see with such a plan? Any comments or advice are welcome. Thanks.

Goldman Sachs return to office mandate fuels remote work reckoning

Low fee ETF fight continues - News for anyone who cares, huzzah to the cheapskates like me.

Finally someone undercutting Betashares on NDQ management fee. N100 launched with a MER of 0.24%, have to imagine exactly half the 0.48% of NDQ was deliberate shots fired 😂.

Not affiliated, wish I was, ... See More sounds lucrative. Let the low fee wars carry on.

Electricity Bill Shock - Just moved into a small apartment after living in houses my whole life. Received first bill for 30 days of electricity usage - a whopping $300! Is this my new normal? There’s just 2 of us and we’re paying $1 a day service fee and 28c ... See More per KWH. Have dryer, electric water tank and mounted split system unit they we use rarely. Live like normal, 7 min showers / dryer on couple times a week / heat on once a week. Called up the supplier who said this is the actual meter reading and we’ve somehow churned through 800 KWH in a month. Anyone else in an apartment and cop this sort of usage?

Buying a 600k unit in Sydney - I'm looking to buy a unit in the 600k price range. I have a 90k deposit and my partner (both in our 30s) will help me with the deposit. Assuming I can afford the repayments plus living costs, bills etc, is it just ... See More a matter of getting a home loan from the bank/lender? Anything else I should know about, prepare for? Any tips and tricks?

Also, on RE/Domain for sale listings,when it says price guide 570k - 580k, what price should I throw at them to start negotiations? I'm assuming they've inflated the price so that they can arrive at the desired price after negotiations? What happens during this negotiation process?

Also, for auction ads which have price guide of 600k in Homebush, for example. How likely is it for the auction price to end up in that range and not balloon out of control?

Assuming I'm looking to buy in Homebush, Burwood, Epping, Ashfield. My main goal is to just get my foot in the door of owning a unit. Assuming the unit is in livable condition, running water, electricity etc, does it matter where I buy? What are the essential things you would consider before buying a unit?

Any advice welcome.

Edit: I'm meeting up with Aussie Home loans and CBA today

Is foregoing the FHB stamp duty exemption to buy a house just over the $1m limit silly? - Hi all,

My partner and I are ready to buy a house.

Our borrowing capacity is around the $1m mark and we have a roughly 10% deposit saved.

In NSW, the stamp duty ... See More exemption for first-home buyers was recently lifted to 800k, with a partial exemption for purchases up to $1m. We are in Sydney so 800k doesn't get you very far without compromising on either size or location.

We are trying to figure out if buying something around the $1m-$1.1m mark is stupid, given we can get something much better, because we'd be foregoing the FHB stamp duty exemption.

On the one hand it seems silly to forego "free money" from the government, plus obviously it's easier to service a cheaper loan too.

On the other hand, hypothetically, assuming property prices continue to go up over time, 50% appreciation on $1m is 500k, whereas 50% appreciation on 800k is 400k, giving us an extra $100k in value, which more than offsets the "free" $40k we'd save on stamp duty.

What do you think?

Any thoughts or advice appreciated.

Parents want me to put savings into an offset account, Good idea? - Hey all, im F19 recently started working (first job) after HSC and studying in university and making around $550 a week as a cashier, currently i have around $4000 in savings an a little bit in stocks ... See More and stuff just to dabble. My parents were asking me to put my savings and what i would normally put into my savings into their offset account, and explained that it would basically be a savings account with no interest?


Im looking for more information as to what it is, if i should do it and are there any positives/negative in the short and long term, thx for the help.

Has anyone moved a small UK pension to Aus? - I've got a small (40K GBP) defined contribution pension in the UK. I've read I can bring this over to Aus if I set up a QROPS in Aus when I'm 55, which is an SMSF. But I'd still have ... See More to pay 15% tax on the growth of the fund since I became and Aus resident. Has anyone done this? How easy was it?

Jim Chalmers takes on big business over prices, market power! Do you reckon this will work?

Top 10 worst pubs and clubs in NSW for money laundering revealed as millions 'washed' through pokies

Petrol prices surge as Aussie dollar tanks

Should I be salary sacrificing in my 20s? - I'm currently 25, but am working towards a certificate iii in early childhood and care. It doesn't earn a lot at the moment since I'm essentially on a trainee's pay, but am looking to hopefully offset some of it into my ... See More Super.

I am not used to the concept of salary sacrificing yet, so I'd like to ask to those who are doing it (and are hopefully in a similar industry to me) how much did you set aside a fortnight for your Super? Or is it worth just keeping it in a savings account instead.

Any tips appreciated! Thank you

Qantas records $1.7 billion profit after years of COVID-induced turbulence - No dividends, but another $500m share buyback

Unused annual leave on resignation - I have about 8 months of unused annual + long service leave. My understanding is it is payable when the employment ends. If I were to resign today it would amount to approximately $130k. Is it fair to expect that the employer would pay ... See More up with no ifs or buts, or is there something I should be worried about? The company is solvent.