Search results

  1. Rain72

    From confusion to clarity: myGovID app gets a fresh new identity soon!

    I agree. I also worked with computers and programming for decades and I have never seen worse software than that used by the Australian government for critical tasks. I can't even log in to MyGovID without it incorrectly claiming - over and over again - that I have not identified myself...
  2. Rain72

    This possible road rule overhaul may force you to change your driving habits ASAP!

    When alcohol restrictions were put in place, police were ordered to lie about the cause of accidents and claim they were alcohol-related when they weren't. I suspect the same is happening now to make speed a convenient scapegoat and justify a change that won't fix anything. Slow speeds can be as...
  3. Rain72

    Online bookseller begins new chapter after recent acquisition—can they turn it around?

    This is good news for Australians who self-publish. Booktopia proved far better for buyers than Amazon and I was constantly advising people to buy from them in preference to Amazon. I hope the new owner is very successful.
  4. Rain72

    The truth about supermarket meat that will make you want farm-to-plate today!

    The ''box'' is a total turnoff for me. I want to buy the meat I want, when I want it. I have no interest in somebody else deciding what meat I should be eating. And the ''make your own'' is too expensive and limited in what you can choose and what information is available. I want per kg prices...
  5. Rain72

    Insiders reveal shocking struggles Princess Catherine endures during her cancer battle!

    My daughter-in-law passed away from breast cancer that spread to the brain. She left my son with 4 children under 8. The year before her passing was hell for all of us. The year after was far worse. Thankfully, my son has managed to raise the children on his own, with help and support from...
  6. Rain72

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

    And one more thing. While Fred and Mary Battler are unable to draw from super to fund a house deposit, Jack Rich is able to draw from super to buy an investment property to rent to Fred and Mary Battler at a crippling rent rate, claiming not just superannuation tax concessions but also all the...
  7. Rain72

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

    And thank you for your thoughtful reply. But the fact is that there are a great many out there who DO have super (because it is compulsory for their employer to pay it) and yet have not been able to save a home deposit. Or have suffered a crisis and lost their savings or investments. One...
  8. Rain72

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

    Good for you. I could tell a very different story but one that shows equal discipline and common sense - and a bit of luck - and has a similar ending. But that's not everyone's story. There are folk who go into business and don't succeed and lose everything. There are folk who divorce and lose a...
  9. Rain72

    Is your vehicle affected? Major safety recall targets popular utes and 4WDs

    Increased automation and computerization is making cars more dangerous. We have noted that drivers are starting to rely on the car to tell them when they are too close to an obstacle or there is a vehicle in their blind spot, instead of taking sensible precautions and developing driver skill...
  10. Rain72

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

    Can we please stop parroting nonsense without thinking and actually apply some logic? Option 1: Let Bob and Mary (aged 30) access $200K of their super as a deposit on a modest home. Accommodation costs reduce over the next 37 years due to not paying ever-increasing rent. They CAN, if they...
  11. 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...
  12. 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...
  13. 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...
  14. 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...
  15. 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?
  16. 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...
  17. 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...
  18. 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...
  19. 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...
  20. 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...
  • We believe that retirement should be a time to relax and enjoy life, not worry about money. That's why we're here to help our members make the most of their retirement years. If you're over 60 and looking for ways to save money, connect with others, and have a laugh, we’d love to have you aboard.
  • Advertise with us

User Menu

Enjoyed Reading our Story?

  • Share this forum to your loved ones.
Change Weather Postcode×
Change Petrol Postcode×