legend166 said:
I want extra credit >_<
http://www.goingtouni.gov.au/Main/Quickfind/PayingForYourStudiesHELPLoans/Default.htm
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AusGAF IV - A No Hope, Government - Double the price, region locked and now adults
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I want extra credit >_<
http://www.goingtouni.gov.au/Main/Quickfind/PayingForYourStudiesHELPLoans/Default.htm
the occupy events are not about wealth distribution entirely, its also about the political influence that the rich and powerful companies have and THAT is a massive problem in Australia
Basically the argument is that the rich can pay to get access to MP's and try and get things changed, run lobby groups etc and influence government policy
Hello mining industry and the Super profits tax. The only reason that could be defeated in the way it was that the mining industry had money to blow and continue to blow until they won.
The little man can get dicked over by the Government and have no say in it, or fight it because they don't have the money to.
It's not america, but we do have a problem with corporate influence on Government.
American taxes are a friggin sham. The highest corporate tax rate is 9%, income tax its about 20% i think
Ie, the government is FUCKED because they are not taxing enough. The president can't increase taxes because of stupid morons like Bachmann who have no fucking idea how things work in the real world.
Companies threaten reducing staff if taxes go up so obama is stuffed. What is abhorrent (that has not happened here yet) is companies who got bailed out by the Government paying ridiculous sums of bonuses.
Until the 70s, university WAS free for everyone. One reason why the Boomers have it so good, got property cheap and live probably the best generation yet in terms of wealth creation and life satisfaction.
People on average leave Uni with 20 grand debts these days that escalate. It reduces your taxable income.
just an fyi, germany does not charge for University and is seen as a world leader in exporting knowledge.
Wonder why.........
Because the German gvt is smart. They realise its an investment in the future. That by training people in german methods, those people go overseas and recommend german technology hence the economy improves because companies keep getting german technology.......
Basically the argument is that the rich can pay to get access to MP's and try and get things changed, run lobby groups etc and influence government policy
Hello mining industry and the Super profits tax. The only reason that could be defeated in the way it was that the mining industry had money to blow and continue to blow until they won.
The little man can get dicked over by the Government and have no say in it, or fight it because they don't have the money to.
It's not america, but we do have a problem with corporate influence on Government.
American taxes are a friggin sham. The highest corporate tax rate is 9%, income tax its about 20% i think
Ie, the government is FUCKED because they are not taxing enough. The president can't increase taxes because of stupid morons like Bachmann who have no fucking idea how things work in the real world.
Companies threaten reducing staff if taxes go up so obama is stuffed. What is abhorrent (that has not happened here yet) is companies who got bailed out by the Government paying ridiculous sums of bonuses.
Until the 70s, university WAS free for everyone. One reason why the Boomers have it so good, got property cheap and live probably the best generation yet in terms of wealth creation and life satisfaction.
People on average leave Uni with 20 grand debts these days that escalate. It reduces your taxable income.
just an fyi, germany does not charge for University and is seen as a world leader in exporting knowledge.
Wonder why.........
Because the German gvt is smart. They realise its an investment in the future. That by training people in german methods, those people go overseas and recommend german technology hence the economy improves because companies keep getting german technology.......
shanshan310
Member
I'm not really liking the idea of leaving home and entering the workforce/ adulthood with $25,000ish hanging over my head. I guess its better than what they have in the US but it seems weird that its becoming a kind of necessity that everyone does.
Ruthless_Barbarian
Member
Are you buying a house, or building one? It's cheaper to build a new house, and you get 20k grant from the govt. instead of 7k for buying an already constructed property.Marshmellow said:
shanshan310
Member
It is pretty reasonable. I can even put my living expenses on it if I go on exchange, which is pretty awesome.
:O my god. I was not aware of that. Crossing my fingers its still around 5 - 10 years from now.
However, wouldn't it be cheaper to buy an apartment or something than build a house?
DeathJr said:
:O my god. I was not aware of that. Crossing my fingers its still around 5 - 10 years from now.
However, wouldn't it be cheaper to buy an apartment or something than build a house?
You think Australia has it good?
New Zealand Student Loan system
flat 10% of earnings none of this scaling as your pay goes up. So if you earn 9k a paycheque, 900 goes to the loan
ZERO INTEREST CHARGED
our student loan system is better than the US, but its worse than Europe and NZ
New Zealand Student Loan system
flat 10% of earnings none of this scaling as your pay goes up. So if you earn 9k a paycheque, 900 goes to the loan
ZERO INTEREST CHARGED
our student loan system is better than the US, but its worse than Europe and NZ
codswallop
Member
That's only a good argument if everyone's in it for the money. If the government pays it's an investment in the country's future. Unless that person leaves the country with a free degree...legend166 said:
The actual house isn't cheaper, it's most likely because the land that you're building is in miles away from anywhere interesting, and thus cheaper.DeathJr said:
codswallop said:
biggest problem with HELP right now
in NZ they charge you 5% interest for each year you are not in the country after you have it.
we, do fuck all, for some reason.
its not hard julia. You make people declare before they leave they are going. You track when they come back via their passports
duh
Marshmellow
Member
Fredescu said:
Yea i would rather buy something pre-built than have to deal with the stresses of building and organizing my "own" house.
shanshan310
Member
midonnay said:
I know if you pay upfront you get a discount, but they are getting rid of the discount I think, or making it less.
the main argument people pull out is that its an investment for future tax. Lets take a doctor
they leave with about a 80,000 debt to HELP
lets say on average they earn 200k a year over the course of their career (some years less as new, some more because of GP status)
40 * 200k = 8 million dollars
now if they don't get into tax dodging, they would pay in that time
2,542,000 in tax.
A LOT more than 80,000 huh.
Not only that, likely to be a self funded retiree so doesn't hit the pension.
Ok so person doesn't go to Uni, says fuck that i dont want a debt. Gets a 50k a year office job, and earns 2,000,000 over course of their career.
They would pay tax of $342,000 over their career but probably unlikely to be a self funded retiree and will hit the pension. Also unlikely to have private health insurance, so hits the government on that part as well.
This is why it can be seen as an investment. In the future you should get more tax by those people having better jobs
If the government was told, ok so this guy is going to get a 80k debt BUT oer the coures of his career he will pay you 2.5 million in tax if you wipe that 80k
it would make sense to fucking well wipe that debt wouldn't it!
they leave with about a 80,000 debt to HELP
lets say on average they earn 200k a year over the course of their career (some years less as new, some more because of GP status)
40 * 200k = 8 million dollars
now if they don't get into tax dodging, they would pay in that time
2,542,000 in tax.
A LOT more than 80,000 huh.
Not only that, likely to be a self funded retiree so doesn't hit the pension.
Ok so person doesn't go to Uni, says fuck that i dont want a debt. Gets a 50k a year office job, and earns 2,000,000 over course of their career.
They would pay tax of $342,000 over their career but probably unlikely to be a self funded retiree and will hit the pension. Also unlikely to have private health insurance, so hits the government on that part as well.
This is why it can be seen as an investment. In the future you should get more tax by those people having better jobs
If the government was told, ok so this guy is going to get a 80k debt BUT oer the coures of his career he will pay you 2.5 million in tax if you wipe that 80k
it would make sense to fucking well wipe that debt wouldn't it!
Marshmellow
Member
anyone else notice this on GMG? rofl
Planet_JASE
Member
It's only cheaper to build a new house if you spend less money than you would have on a pre-built.DeathJr said:
shanshan310 said:
yeah, that too but I think when under the howard government, unis could offer two types of places to local students.... government supported and full fee paying depending on demand....
but apparent that was ripped up when Rudd came in so I'm really out of date
http://www.goingtouni.gov.au/Main/Quickfind/PayingForYourStudiesHELPLoans/Default.htm
Ruthless_Barbarian
Member
I've been looking at houses/land for the past 2 months. A 4 bedroom turnkey house (all inclusive) is costing me between 155k-180k. Turnkey means it includes everything: tiles, landscaping, connections, fittings, oven, dishwasher, etc etc..
Land, depending on the location is from 180k-230k. I'm taking about inner suburbs (Melbourne), built up areas and no more than 15-20 kms from the cbd.
So, all in all, i'm going to pay roughly 400k, minus the 20k grant. A built up house in the same area is easily 420k-450k, minus only 7k for the grant.
Apartments are ridiculously overpriced. Studio apartments without parking start from 300k.
Land, depending on the location is from 180k-230k. I'm taking about inner suburbs (Melbourne), built up areas and no more than 15-20 kms from the cbd.
So, all in all, i'm going to pay roughly 400k, minus the 20k grant. A built up house in the same area is easily 420k-450k, minus only 7k for the grant.
Apartments are ridiculously overpriced. Studio apartments without parking start from 300k.
Marshmellow
Member
Gazunta said:
Worth about as much as the 404 error it gives you, but funny/interesting nonetheless
reptilescorpio
Member
Depends on where you are looking. Worked out cheaper to build in Lara than to buy a house of similar quality/condition but most places won't be like that.DeathJr said:
I still haven't paid a cent back of my HECS, which is nice because it makes it easier to live. Once I start earning a nice comfortable amount I can pay it back nice and quick. A few of my friends in government employment have already paid it back.midonnay said:
I think I remember hearing that the limit on how many students you can accept was lifted but no idea on how many HECS places there are. I continue to get one somehow.midonnay said:
DeathJr said:
you need to do more research
1. Cost for council approval and the plans to go to them
2. Going to the land and environment court if you are a dick council (like most are these days) to fight to get the right to build what you want on YOUR land.
3. the infrastructure levy (usually about 50 odd thousand in sydney)
4. The stress
5. The cost of a project manager
HELP is indexed to CPI yes but it is even indexed when you are not working. So therefore, when you are not paying it back it still goes up.....
shanshan310
Member
Choc said:
Its called OP in queensland, just to fuck with you (With OP1 being the highest and OP25 being the lowest).I still have no idea how it works, but I got into the course I wanted so I guess that's all that matters.
Rep and anyone else interested, the PAYDAY TM THE HEIST TM 4 pack is $15 each. Seems to be getting fairly positive impressions in the OT.
I'll be on Steam in about 45 mins an we can organise it then.
http://store.steampowered.com/app/24240/
I'll be on Steam in about 45 mins an we can organise it then.
http://store.steampowered.com/app/24240/
reptilescorpio
Member
Going shopping with the wee lass now but I am in. I can paypal you the money later tonight if that is cool.Rahk said:
Edit: As long as people will play it with me this weekend of course. I enjoy buying games and never playing them but I would like to make an effort to play some MP games.
Ruthless_Barbarian
Member
Mate, turnkey house includes all those costs. I don't pay a single cent extra. Plus with the builder I have selected (property planet), I get 100% money back if i'm not satisfied with the house, and 10 years rental guarantee if I don't want to live there and give it on rent instead.Choc said:
reptilescorpio
Member
Should chuck the parents in instead. The kid had previous weed use to the point where his doctor knew about it and they let him go to a massage parlour? Pretty sure that isn't how you raise a kid.Choc said:
shanshan310
Member
Choc said:
*snorts* I guess his "I was addicted to marijuana" defence fell through then.
Somehow the Indonesian minors in Australian prisons never get reported about...
I like this part: http://www.propertyplanet.com.au/cms-for-sale/for-sale.phpsDeathJr said:
reptilescorpio
Member
It really is mind boggling that people continue to make these mistakes.hamchan said:
shanshan310
Member
hamchan said:
Exactly. Everyone knows what happens if you do drugs in Indonesia. EVERYONE. I mean, the prison conditions are horrible but I still have very little sympathy for this kid. He knew exactly what he was doing. I bet he thought he was untouchable because he was a minor.
I had some friends who ended up like that. This one guy said he could get away with graffiti, theft etc because "the cops only give you a warning, and even if you do get a record its all wiped clean when you turn 17".
shanshan310
Member
midonnay said:
That's how it worked with that bikini model yeah. I'm going to go ahead and make assumptions by saying that the parents of this kid probably don't have that kind of money.
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