this post was submitted on 21 Mar 2025
15 points (94.1% liked)

Brisbane

1056 readers
20 users here now

Home of the bin chicken. Visit our friends:

founded 2 years ago
MODERATORS
lodion@aussie.zone
deadcat@aussie.zone
gronax_au@aussie.zone
brisbot@aussie.zone
15
Moving to Brisbane: what do I need to watch out for? (aussie.zone)
submitted 2 months ago by Chef_Boyargee@aussie.zone to c/brisbane@aussie.zone
22 comments fedilink hide all child comments
 

Accepted a job in Brisbane. Moving from the Southwest US.

Apparently Grace Removals will be shipping our stuff.

We have a kid that’ll be eligible for 1st year in January. Public or private school?

How did the housing market get so bonkers?

Am I going to have to bring extra ketchup through customs for my kid, or is the tomato sauce close enough to make an easy switch?

you are viewing a single comment's thread
view the rest of the comments
[–] dgriffith@aussie.zone 4 points 2 months ago

It was semi necessary at the time, there is a window of boomers who have very little super as the majority of their working life was before mandatory super requirements got to useful levels.

So - get them into cheap investment property with negative gearing and CG discounts, let them build up equity, sell the family home/pay off mortgage when reaching retirement, use the cash and investment property to live a better life than just the pension.

It's not particularly necessary now, but we've let that horse well and truly bolt and every man+dog is into investment property now.