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  1. Rain72

    Homeownership vs. retirement savings: Debate over superannuation access heats up

    Nobody is talking about sacrificing super for a house. The proposal is to assist people to secure the MOST BENEFICIAL RETIREMENT AID THERE IS and the aid MOST LIKELY TO REDUCE RELIANCE ON TAXPAYERS IN RETIREMENT. Superannuation is CRAP if you don't own a home. And anyway, you can drain the whole...
  2. Rain72

    Homeownership vs. retirement savings: Debate over superannuation access heats up

    A home is the most essential component for a comfortable retirement. To force people to lock up money in super when they can't afford a home is to RUIN their retirement completely. The folk who are comfortably retired, even without having super, are those who bought homes early in their lives...
  3. Rain72

    Homeownership vs. retirement savings: Debate over superannuation access heats up

    People ranting on about super being for retirement aren't thinking! You can buy six homes with super as long as you don't live in any of them. And the taxpayer will effectively subsidize your purchase with concessional tax rates on super. You can also buy a home on retirement with super, using...
  4. Rain72

    Homeownership vs. retirement savings: Debate over superannuation access heats up

    I don't think you read what I said! The burden on taxpayers is REDUCED by someone owning a home, not increased. Extra in super is NOT a benefit if paying rent. Nothing to do with mcmansions or 2 cars. It's about a roof over one's head without having to pay out nearly all of one's income in rent...
  5. Rain72

    Homeownership vs. retirement savings: Debate over superannuation access heats up

    If they are stupid, they will be pensioners in retirement anyway. For goodness sake, why can't we let the smart people manage their money the smart way - buying a home FIRST and THEN saving for retirement. Or do we really need to force all battlers into poverty just because SOME people are stupid?
  6. Rain72

    Homeownership vs. retirement savings: Debate over superannuation access heats up

    Super CANNOT EVER replace the pension, and if paying into super means people don't have access to enough income to buy a home, then they are going to be far WORSE OFF in retirement because of super. It's a stupid idea to suggest saving for retirement is more important than buying a home. It is...
  7. Rain72

    Homeownership vs. retirement savings: Debate over superannuation access heats up

    Superannuation was introduced by reducing wage increases and tax cuts, so everyone had LESS money to spend on a home. It's a scam. It can NEVER fund retirement for battlers. And if paying into super deprives them of the money they need to buy a home, it's a bad deal. A home is far more...
  8. Rain72

    Homeownership vs. retirement savings: Debate over superannuation access heats up

    So you would rather the taxpayer fund rent assistance? Or fund a higher aged pension because people had to wait until retirement to buy a home at 10 times the price they could have purchased it if allowed to access some of their super sooner? Sorry, you are not making sense! Nobody is asking...
  9. Rain72

    Actuaries Institute suggests new age pension asset test for family homes over $2.1 million

    So you think people should be forced out of their homes, after they paid tax all their lives, while you continue to enjoy a handout from their children who are still paying tax? Just because someone's home has inflated in value over the years - either from them working hard to renovate and...
  10. Rain72

    Homeownership vs. retirement savings: Debate over superannuation access heats up

    Do folk who oppose using super to buy a home realise that you can do that now, PROVIDED you don't live in the home? You can buy as many investment homes with super as you wish, even borrowing in your super fund to do it. But don't dare presume to buy a home for your family to occupy. No. That...
  11. Rain72

    Homeownership vs. retirement savings: Debate over superannuation access heats up

    People should not have to live ''close to 'squalor'' to buy a home, and it isn't healthy for a parent to work and live as you say you did while raising children. Superannuation only existed in the 70s for people in selected occupations. Yet folk who never enjoyed the benefit of super managed to...
  12. Rain72

    Mother's controversial budget washing hack goes viral – see why the internet is outraged!

    A thrifty person wouldn't consider using disposable nappies - for swimming or otherwise. This mother is NOT thrifty at all. And putting urine-soaked nappies in with other clothing? Yuk! Disgusting. As is putting any disposable product in a washing machine. Mrs Not-thrifty might end up with a big...
  13. Rain72

    State Premier eyes daily cap on fuel prices amid cost-of-living crisis

    Fuel prices are high because of TAXES. It's the government to blame. And the government can fix it easily by simply reducing TAXES. This BS from Miles is typical of Labor stupidity, and it shouldn't surprise anyone that Miles is peddling nonsense. He's desperate because he knows Labor has ruined...
  14. Rain72

    Homeownership vs. retirement savings: Debate over superannuation access heats up

    We could increase investment in new homes if we had proper regulation of builders and building trades. Check out the FB page ''Exposing Dodgy Builders''. It's disgusting how many people trying to get a home built are destroyed by dishonest and shoddy builders and tradespeople, and regulators do...
  15. Rain72

    Homeownership vs. retirement savings: Debate over superannuation access heats up

    There's some validity in that, but interfering with the free market is always a disaster. There is a shortage of rental accommodation already. Stopping investment is likely to increase that shortage, not necessarily enabling all those unhoused renters to buy. Property investors are hated, but...
  16. Rain72

    Homeownership vs. retirement savings: Debate over superannuation access heats up

    Priotitize? That's exactly what compulsory super STOPS people doing. They need and want to prioritize a home, but instead they are forced to throw bucketloads of money at a retirement plan that makes no sense when you have to pay out millions in rent. Let people buy a home FIRST, as my...
  17. Rain72

    Homeownership vs. retirement savings: Debate over superannuation access heats up

    And the reason Labor DOESN'T want to do it is they want people poor and renting. For heaven's sake, think about the cost of rent. A couple pays millions in rent over a lifetime, then when they can FINALLY draw on their super to buy a house, it's six to 10 times more expensive than if they had...
  18. Rain72

    Homeownership vs. retirement savings: Debate over superannuation access heats up

    And you CANNOT fund your own retirement if you have to pay rent. A home is the FIRST necessity for a comfortable retirement.
  19. Rain72

    Homeownership vs. retirement savings: Debate over superannuation access heats up

    Super can never replace the pension, ESPECIALLY if people can't afford a home. A home is far better security in retirement than super. It's the renters costing the country money and whining about living in poverty! Let people access super to buy a very modest home, and then their accommodation...
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