Andrethemoneyman

27/08/2026

If the government actually had to do their weekly shop on what they claim people can live on, how quickly would policies be changed?
Pic Copied from FB and it certainly tells a story that is true for many.

Feel free to share or contact me for any finance tips on strategies to help you navigate life with more freedom.

19/08/2026

Thought I'd share this post I saw which I believe is a very valid and concering point.

We can't rely on our government (which is the taxpayers money) to look after us in retirement.

Proper planning is required but also quality leadership that leads us in the right direction.

You spend 40, 50 years working. Paying taxes. Contributing. Doing everything you're supposed to do. And then you retire and suddenly you're choosing between medicine and food? Between heating your home and paying rent?

That's not how it's supposed to work.

Back in the day, you retired with a pension. You had security. You knew you'd be taken care of after decades of hard work. Now? Good luck. Hope you saved enough. Hope inflation doesn't wipe you out. Hope you don't get sick.

Seniors built this country. They deserve better than struggling to survive on scraps while prices skyrocket and nobody seems to care. If we can't take care of the people who gave their whole lives to building what we've got, then what the hell are we even doing?

10/08/2026

Now why is it that our political leadership can misuse taxpayers' money and run the country at such a huge loss and not be sent to prison while an individual or director of a company who misuses people's money is sent to prison???

I'm not saying this person should not go to prison, but I feel it is wrong that there's not the same standards for political leaders in positions of power and trust who misuse and abuse the hard-working taxpayer's money.

The former sole director of Equitable Financial Solutions Pty Ltd (EFS), Usman Siddiqui, has been sentenced to prison after transferring approximately $1.75 million from the financially distressed company into his personal and overseas accounts

06/08/2026

Here's a little bit of interesting info courtesy of Noel Whittaker, one of Australia's renowned finance writers

Until now, capital gains tax could usually be deferred when assets changed hands because of death, divorce, certain insurance payouts or small business rollovers. But from 1 July 2027, that protection is removed for capital gains that accrued before that date.

Here's an example. Judge for yourself.

Robin bought a home before 1 July 2027 but, at the seller's request, agreed not to move in until after Christmas. Because he did not occupy the home as soon as practicable after settlement, part of its capital gain may remain taxable. Under the new legislation, when Robin dies, the transfer of his home to his estate, and then to his widow, can trigger tax on that deferred pre-2027 gain, even though the home has not been sold. If the estate does not have sufficient funds to pay the tax, the executor may have little choice but to sell the family home to meet the liability. Ironically, none of this would arise had the home been purchased after 30 June 2027 or had Robin died before that date.

Robin's story is only one example. The same issue can arise on divorce, insurance claims, compulsory acquisition of property, business restructures and many other transactions that have long relied on CGT rollover relief.

The new legislation has created the tax equivalent of Schrödinger's cat – one of science's most famous thought experiments. Until now, unrealised capital gains sat quietly in the background. They existed but were generally not taxed until the asset changed hands. Under the new rules they appear to exist in a strange legal limbo: they are treated as having been realised in some circumstances, but not in others. Depending on what happens after 1 July 2027, those gains can suddenly spring to life and become taxable even though the asset has not been sold. This breaks a fundamental taxation principle that unrealised gains should not be taxed.

Once again, Labor has produced legislation that can tax capital gains before they have actually been realised. In some cases, that may force the sale of the asset simply to pay the tax.

Make sure you get proper advice well beforehand so you can be prepared for any tax bill that may be coming your way

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Lifestyle

05/08/2026

The Budget legislation is "far worse than we ever imagined."
Noel Whittaker

31/07/2026

If enough people stand up for it then we can make a positive change for all. There's no way we should have so many people struggling or living in their cars/on the streets etc in this fantastic nation.

31/07/2026

I love this quote by Clint Eastwood.
The idea that growth doesn’t stop just because you hit a certain age, stage, or milestone.
Curiosity is fuel. Progress is energy. And learning - even small things - keeps life moving forward.

Stay hungry, stay open, and keep building. Whether it’s business, family, fitness, or personal development, the moment you stop learning is the moment you start shrinking.

Don't ever lose that spark

01/07/2026

29/05/2026

Small part of Noel Whittaker's piece recently.
Definitely worth paying attention to. He's been around for quite a while and is very practical

17/05/2026

Give with 1 hand and take 10x with the other.

I would love to see the cost of living come down for all Australians but that's virtually impossible under our current government who's idea of managing money is spend, spend spend, mismanage money, create a huge government loan which is quite ok because the taxpayers foot the bill.

It's all about using other people's money to line their own pockets.