Search results

  1. 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...
  2. 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...
  3. 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...
  4. 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.
  5. 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...
  6. Rain72

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

    What kind of idiot thinks it's better to have money in super than a home of your own? I retired self-funded with a comfortable amount of super, but if I had to pay rent I would be on a pension and rent assistance within 10 years after retirement. Anyone who owns their home outright CAN live on...
  7. Rain72

    'You can't get through to them': Neighbours' swimming pool feud cost one pensioner $137K

    Vile and disgusting neighbours forced us out of our home over a fence dispute. Because they didn't get away with a demand to pay an exorbitant amount for an unnecessary fence that we were never consulted about (they did sue, but lost the court case!) they started a vendetta - letting tyres down...
  8. Rain72

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

    Actually, if you own your home you can manage okay on the pension. It's the renters who are struggling in retirement and costing the government money. It is patently STUPID to prioritize retirement savings over a home of your own. You might retire with a little more - not much more, because rent...
  9. Rain72

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

    Where did you learn economics? I have a reasonably healthy super balance - enough that I don't qualify for any pension. If I had to pay rent, I would not be able to live on the income from my super and within 5 years I would be on a pension. How patently STUPID to think super is more benefit in...
  10. Rain72

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

    With sensible limits on the type of home you can use super to buy or pay off, this would be a sensible reform. Super is useless if you don't have a home. Take the example of a couple in their early 50s still renting, but with $800,000 between them in super. By retirement, they will have well in...
  11. Rain72

    Senior Aussies urged to follow 'rentirerment' scheme to free up 137,000 homes

    What a silly proposition, when the government is bringing in half a million immigrants every year. So seniors who have lived and paid taxes in Australia their whole lives are supposed to leave so that immigrants can have their homes. Get stuffed!
  12. Rain72

    Unlock secret energy savings ahead of the anticipated $1.5 billion cash boost for 5 million Aussies.

    I don't have any tips for saving other than shopping around and, if you can, installing solar panels. But I find it very disturbing that life is so much more complicated than it was decades ago. We used to ask the local electricity provider to connect and we paid the bill. There was no...
  13. Rain72

    Your Say Sunday: Legalising Voluntary Assisted Dying

    But sadly governments presume to deny people choice. And advanced care directive does not allow you to request to die in Qld unless you have a terminal illness and have been declared almost certain to die within a year. That is outrageous and disgusting. A person should be able to declare under...
  14. Rain72

    Bride demands divorce just 24 hours after wedding—the shocking reason will leave you speechless!

    I agree with the bride's decision, but she must not have paid much attention to the character and personality of the man she was marrying. If he was that inconsiderate, there would have been signals earlier that she should have heeded.
  15. Rain72

    Supermarkets need to change the way they operate in Australia. But how do we get them to do this?

    Anyone who thinks there will be any change in the way supermarkets operate - other than bigger price increases - is delusional. The government will do NOTHING.
  16. Rain72

    Grieving mother slams Centrelink’s ‘unfair’ rule: ‘It's very wrong’

    mylittletibbies I know your struggle. My daughter has a seriously disabled child. It's a 24/7 job, with no respite. And it's hard work. Compound the physical strain of caring with the mental pain of seeing your child suffer and being unable to give them the life you want for them, and having to...
  17. Rain72

    Grieving mother slams Centrelink’s ‘unfair’ rule: ‘It's very wrong’

    Wait just a minute here, folks. Chefs make pretty good money. This woman is from a two-income household with no kids and a hubby working in a reasonably well-paid trade - yet she wants struggling taxpayers to hand her over $4000! FOR WHAT? If she can't afford a few weeks off work unpaid, she is...
  18. Rain72

    Grieving mother slams Centrelink’s ‘unfair’ rule: ‘It's very wrong’

    I'm sorry, but I find this woman's complaint offensive. Centrelink is funded by taxpayers, and many taxpayers are struggling - for all sorts of reasons - and unable to get any help or respite. Why should someone receive benefits for losing a baby at less than half way through a pregnancy...
  19. Rain72

    Grieving mother slams Centrelink’s ‘unfair’ rule: ‘It's very wrong’

    My heart is not a rock. I feel deep sympathy for this woman. But money doesn't grow on trees. It comes out of the pockets of other Australians who are struggling to pay their own bills. I have family in dire financial circumstances because of health issues, but paying over $10K in taxes...
  20. Rain72

    ABS reveals new cost-of-living spike details

    Actually, in the year before workers got a $1500 tax cut, their taxes increased by $1460. I don't think their tax cut will help them much! But I agree that the aged and disabled are discriminated against.
  • 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×