Grumpy Vet 🇦🇺
208 posts

Grumpy Vet 🇦🇺
@GrumpyVetAU
Veteran. Patriot. Grumpy.
Katılım Mayıs 2022
920 Takip Edilen1.8K Takipçiler

@ausstockchick It always feels safe right up until the moment it isn’t.
Early conditions create confidence… then the structure gets stress-tested.
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I can’t help but feel like the 5% deposit holders really have been taken for a ride.
It’s the ultimate rug pull.
Oh this doesn’t end well.
#auspol
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@glenn0030651 @ellymelly @JEChalmers Not in this scenario:
- Self-funded retiree (less than super access age)
- Investable assets in a Family Trust structure
- They bring in a 30% tax on all trust distributions
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@GrumpyVetAU @ellymelly @JEChalmers The tax free threshold will always be there for Australian Citizens, the size of the threshold is the thing which will potentially change.
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There is NO WAY the rich and powerful will allow @JEChalmers to raise taxes on Family Trusts.
He'll say it - to pretend it's not just about coming after old people, poor people, and working people.
But he'll never deliver.
Never.
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The 352-Day Wait: This is the current average time for an "Initial Liability" determination in the 2025-26 financial year.
The Unallocated Queue: As of March 31, 2026, there are 30,179 claims still waiting to even be assigned to an officer.
The "Recent" Speed: For claims received within the last 12 months, the average is 132 days, though the overall average remains high due to complex legacy cases.
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Why does an injured civilian get paid in 3 weeks while a veteran waits an average of 520 days?
One gets support in days; those who served face a year of "wait and bleed" that fuels financial ruin and mental health crises.
The Royal Commission was clear: this isn’t just red tape, it’s a national tragedy.
Our veterans deserve better than a 12-month queue.
How is this still happening?
#DVA #VeteranSuicide #AusPol

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Don't just take my word for it. The official DVA March 2026 data shows the 352-day wait for a 'Yes,' while Permanent Impairment assessments add another 170 days to the queue.
dva.gov.au/news/latest-st…
dva.gov.au/access-benefit…
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@bowtiedstocks $47 for a ‘basic cut’ here yesterday
Took 15 minutes
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@Ausbobsmit 👀
Is this why they're about to smash us all with more tax-grabs?
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Anika Wells meal allowance while in Paris. A single meal. This is what she billed taxpayers.
Frédéric Simonin, a Michelin-star restaurant near the Arc de Triomphe.
Food: Approximately $1,000 (€569) for a dinner.
Drinks: Approximately $750 (€427) billed on the same night.
Total: The combined bill for food and alcohol reached roughly $1,750

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@ellymelly Starting to wish I spent my 20s wasting all my money like most of my peers did 😂
Alas, I thought I'd knuckle down and self-fund an early retirement (not quite there yet).
That look like it's about to bite me in the arse.
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In order to 'punish' boomers for investing - what the Jim Chalmers is actually doing is preventing young Australians from investing.
Why would a young Aussie invest in shares, properties, or super when they know the government will tax it at increasingly unfair rates?
Labor is encouraging people to OWN NOTHING except one tiny space. To invest in nothing. To grow no wealth. To pass nothing down. To stay poor.
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@oliverjanik @bcg1976 @OnSpeculator Bit of an oxymoron.
Productive money is in business and investment outside of property (which is non-productive).
Govt should be focusing on that, not on other investments.
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@GrumpyVetAU @bcg1976 @OnSpeculator Where is "productive" money right now?
Oh that's right unproductive residential property.
Anything is better than what's happening today.
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@bcg1976 @oliverjanik @OnSpeculator They keep harping on about productivity (fairly, because the country is struggling), but then are happy to bring in new tax regimes that are no doubt going to cause all the productive money to move off shore. The mind boggles.
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@GrumpyVetAU @oliverjanik @OnSpeculator I retired at 42. I worked VERY hard to be able to do this. Will be leaving the country if I need to start working again to pay taxes for things I already own - more than I already am. I already pay thousands of dollars per year on taxation on unrealised gains.
Tasmania, Australia 🇦🇺 English

@oliverjanik @OnSpeculator No.
I mean self-funded retirees who have used trusts for estate planning and asset protection.
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@GrumpyVetAU @OnSpeculator You mean people who have used trusts as a way to avoid taxes?
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@Potstirrer111 It’s not a tax loophole in the circumstances I’m talking about.
Educate yourself.
We (myself and my wife) distribute only to ourselves.
Sounds like you’re just mad because you’ve wasted your money pissing it up against the wall.
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@GrumpyVetAU So you’re just mad you can’t use tax loopholes to retire at 45? Maybe toughen up and work till you’re 65 like the rest of us
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Why do wealthy boomers think that they worked harder than any generation after them? If anything as a family they worked far less hours and less hard.
Most women only worked part time and they bought a house at 3x their yearly income.
There’s just no evidence whatsoever they worked harder.
Most of them if they even went to uni (which was free) got a job straight out of school.
We have a retirement scheme that isn’t trusts and buying housing it’s called super.
Grumpy Vet 🇦🇺@GrumpyVetAU
Typical Labor government isn't it. Take more and more from people who have worked tirelessly to self-fund themselves. Then use the money to fund excessive government waste and to redistribute it to those 'in need'. Don't get me wrong, I have nothing against supporting those who genuinely need a safety net, but there's so much corruption and just general sponging and bludging going on. We pay for all that shit and those types of people. Absolute joke.
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@dailytelegraph Any time they've tried this, or attempted to try this, it's backfired badly for them.
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In an exclusive interview, Anthony Albanese claims he has a mandate for “ambitious” negative gearing and capital gains tax reforms and will not send voters back to the polls to secure the changes. FULL STORY: bit.ly/4cM3r9k

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@gwynne007 @OnSpeculator Probably will.
And pay a massive, unnecessary CGT hit at the same time 🙄
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@GrumpyVetAU @OnSpeculator Take the money out and put it in a company if it’s material enough.
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Typical Labor government isn't it.
Take more and more from people who have worked tirelessly to self-fund themselves.
Then use the money to fund excessive government waste and to redistribute it to those 'in need'.
Don't get me wrong, I have nothing against supporting those who genuinely need a safety net, but there's so much corruption and just general sponging and bludging going on.
We pay for all that shit and those types of people.
Absolute joke.
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@GrumpyVetAU I made that choice to work hard and invest when I finished school back in the 90s rather than spending everything. Not sure I'd make that same decision today & that's without even considering all these incoming changes.
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