AusFinance Chat

Lykeshares Official
Is it not a bit hypocritical Aussies are anti-immigration but are willing to move to another country to live an "easier and cheaper life?" - Basically what the title says. There are many people around the world who want to migrate to Australia to live a better life just as ...
Lykeshares Official
Is it normal to pay this much tax? - Hi, I just started a new job with a salary of 85k + super. Gross pay is ~7k a month. After taxes it comes down to ~5k. I do have HECS debt and they are aware of it. Is this normal ...
Lykeshares Official
Repeat after me: building any new homes reduces housing costs for all
Repeat after me: building any new homes reduces housing costs for all
Lykeshares Official
Why is government allowing mass immigration when we are in a housing crisis ?? - What is the economic reasons behind not blocking the mass immigration to ease on housing shortage ?
Lykeshares Official
Landlords are not 'mums and dads'
Landlords are not 'mums and dads'
Lykeshares Official
Saying no to doing expensive things with friends -
I have a lot of friends from very wealthy backgrounds (result of going to boarding school and Ag Uni). I am defiantly not from a wealthy background, however my parents worked hard to get my siblings and I through boarding school ...
Lykeshares Official
Victoria signs off on new Airbnb levy - should the rest of Australia follow suit and jack up the prices?
Lykeshares Official
The economic explainer for people who ask (every week) why migration exists amid a housing shortage. TL;DR 100,000 migrants are worth $7.1bn in new tax receipts and $24bn in GDP growth.. - **First of all, the fed government controls migration**.


Immigration is a hedge against recession, a hedge against an ...
Lykeshares Official
Financially ruined? Can we fix this? - I will try to keep this as short as I can.

40yr female and partner is 39.
Husband works full time earning approx 90k
I’m part time earning 25k plus caring for our son who will be in school in 2 years time.

We ...
Lykeshares Official
My wife and I split. In about 4 months I will have 425k in cash, what should I do? - My wife and I seperated and are selling the house and splitting our cash. We have no kids. I make about $75000-100000 per year depending how much OT I do. ...
Lykeshares Official
Labor blocked Qatar flights to protect Qantas’ profit
Labor blocked Qatar flights to protect Qantas’ profit
Lykeshares Official
Intergenerational report: Younger Australians put negative gearing and capital gains tax on property at the top of their list of wanted reforms
Intergenerational report: Younger Australians put negative gearing and capital gains tax on property at the top of their list of wanted reforms
Lykeshares Official
Any of you going back to cash? - We've all seen those charts showing that cash usage is dropping rapidly in Australia.

Same here - I've been using only card for everything because it's so much easier to beep a plastic card (or phone) instead of carrying papers and metals around. ...
Lykeshares Official
I (27F) just accepted a new job that will pay me $122k and I’m experiencing horrible imposter syndrome - I work in health care, but I’ve only been qualified for 2.5 years. My first job in 2021 paid $70K, my second job in 2023 paid $98K and now I’ve accepted ...
Lykeshares Official
What is the logic behind these bank transfers? - We are told if you mysteriously receive $100,000 in your bank, to not spend a single cent of it because the bank will come after it eventually.

Yet if I was to send $100,000 to a wrong bank account I'm told to ...
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