Quote:


https://profile.id.com.au/australia/five-year-age-groups

Seriously? All this fuss and pension age going up over such a small number?

Spot

The aged pension should be given to 65 year olds after 40 years of work, and a livable pension regardless of your assetts.

If you have worked only 30 Years you get 75%

If you have only worked 20 years you get 50%

If you have worked 10 years or less you get 30%

Immigrants get 30% only after they have contributed for 10 years or more.

If you work and contribute you deserve some reward
If you are a lazy bludgers all your life, you deserve nothing more than you have contributed.

In other words, NUFFINK

That is not a small number spot.

Sir Spot of Borg wrote on May 16^th, 2020 at 9:39am:


Your post makes no sense
Why quote a figure for 85 year olds as part of an argument involving 65 - 67 year olds?

Using your own link there are currently 3,676,783 people in Australia over the age of 65

Sir Spot of Borg wrote on May 16^th, 2020 at 12:21pm:


How many would you expect?
Increased life expectancy is mostly the result of less people dying as children.

Quote:

I say as an old..ish person.

Just kill us in this virus storm time and eat us to the bone.

And then we can come back to haunt you and tell you what a disappointment you are to us.

Sir Spot of Borg wrote on May 16^th, 2020 at 9:39am:


There is not really a great deal of confidence in the Baby Boomers living on the aged pension. They are going to be among the first to use their superannuation to alleviate the burden on the pension. In 10 years time, we Gen Xers and Gen Ys might be struggling as workers providing a higher tax rate to look after the 70s and 80s years of age people living their retirements. But, I have the feeling that the Baby Boomers might die earlier than their parents. So, it could work out.

Sorry... I did a single week of voluntary/practical work for my aged care course (before I quit) and I found that looking after geriatrics were just not something I want to be doing for a wage.

Yeah f#*kem

just throw them out on the ice to die.

No wonder growing old can become a thing of fear for some

we have more concern for & treat our animals better than we treat our elderly.

Shameful really.

Sir Spot of Borg wrote on May 16^th, 2020 at 1:44pm:


What is the point you are trying to make spot?
You started this thread so can you at least be honest and clearly state what your point is?

Gnads wrote on May 17^th, 2020 at 7:33am:



we certainly do.

letting people pass away very slowly and painfully and with no dignity (and now if you get covid , you get to die alone).

i would never , in a million years, let an animal of mine die in that way

aquascoot wrote on May 17^th, 2020 at 5:45am:


The youngest Baby Boomers are 56 years old this year. The eldest Baby Boomers are 74 years old this year. The last 10 years just got away from me. But, I figure that I still have at least another 40 years before I could even consider a nursing home as an option. But I don't want to live in a nursing home.

I don't think I will die of old age. I want to be as useful for as long as I can for as much as I want. And then when I get old to the point that I feel that I have no use, I will probably be euthanised of my own making. Perhaps from an overuse of scotch one night. But, there is plenty of time for me to change my mind.

I am actually looking to have my diabetes cured in the next couple of years. It is not too late for me to reverse the damage. But, no matter how healthy I get in my old age, if I am no use to society, I don't want to be a burden on the pension or the health system.

From what little I know about the aged care (from what I witnessed on my practical), elderly people have a bit of an attitude -- good and bad. They understand that they are in their final years. Some are very mobile for their years. And some of them are lovely. But, then we have those that have an attitude. It gets to be difficult to like the elderly when the workers at nursing homes have to put up with abuse and not be allowed to retaliate. I developed gerontophobia just from one week doing a practical in one nursing home. Unfortunately, that has just pushed my desire to not live to be reliant on other people in my own old age.

This thread is the perfect example of the selfish generation.

We want, but the oldies are nothing to us.

I just wish I could live long enough to see how the selfish generation will go

When they realise that their support of age bashing will come back to bite them.

When they realise that the pension no longer exists

When they realise that their super will be worth back shite.

When the new younger generation see them as worthless and out of date.

Suddenly it will all be clear to the just how much of a ride they have been taken for.

Sadly, I'll be dead by then.

Valkie wrote on May 18^th, 2020 at 5:59am:



I actually think that we are now entering the phase where most elderly people have been raised in the nanny state

If you are around to fight in world war 2 you truly understood the need to be a contributor to your country and not a taker
The welfare state really commenced in the 50s
With the ideas like public housing
Free healthcare in England
Massive expansion of the government as the ever breastfeeding mother figure to a nation of babies

So those people would now be entering their 80s

These are people who have got used to the idea
that the government is responsible to them in some shape or form
From cradle to grave

There is the odd independent man who walks the narrow path to success
But if the overarching principal of Western democracy for everyone who has been raised in the last 80 years
Is that you can always blame the government
and if you have a problem it is the government's responsibility to solve that for you

This has led to the state of perpetual infancy for the vast majority of people who won't do the brutal work of attaining an independent attitude to their life

It's just so much easier to follow the path of least resistance

Thus almost all westerners under the age of 80
Have the following default position

I'm sad
I've got a problem
When I was a a child mumma used to solve my problem for me
Are you my mummy Scott Morrison
Help me Scott help me
I have no resilience
I have no desire to solve problems on my own
I merely lay these problems at your feet
And it is my intention to complain really loudly if you don't solve them for me


That's probably 90% of the population

Their issue is that in old age
There is absolutely nothing the government can do
To reduce their existential suffering

And so they become bitter and resentful about the fact that they are going to die
Which is certainly a problem
It's certainly quite an annoying fact to confront
And they have no path forward to deal with that realisation

Hence they become angry and lash out
That probably would not have been the emotional state of most elderly people 30 years ago
But that is very likely to be the emotional state of most elderly people from now on

Sir Spot of Borg wrote on May 18^th, 2020 at 6:28am:


Governments should be there to ensure that you have the right to live a creative and free life full of responsibility and contribution with as little interference from government as possible

this would be the attitude that a responsible parent has to a 16 year old child
Get out there into the world
Stand up straight
Go on some adventures
Fail a bunch of times but keep on trying
We will be here for you as a safety net
But we expect so much more from you then that you stay at home
Doing nothing risking nothing creating nothing and contributing nothing

Unfortunately people will always find the above narrative a challenge
And if there is a way to never leave the nest
The majority of people will seek an authority figure
To comfort them to their bosom
For their entire life

One could make the case that the increasing
Nanny state
where people are not expected to live independent lives
And indeed can take very little responsibility for their lives
Is doing people a lot of harm

Because if you are never made to confront your fears
And take responsibility for your own path forward

You are going to hit old age
With the emotional maturity of a young child

And that's not going to make old age very enjoyable for you
You're probably lash out and have tantrums
Become easily upset
Be unable to calm your worries
Be unable to self soothe
You will probably use guilt trips on your children
You may well become passive-aggressive

All the behaviours we expect from a child
but which we expect the child to master as they become an adult

Lose Old People.
You lose 'Culture' for your Youth.

freediver wrote on May 18^th, 2020 at 11:57am:


obesity and the narcotic epidemic which takes out all the hopeless middle class white males who used to bounce out of bed and head off to the ford plant and now bounce out of bed with nothing to do except dull the meaninglessness with opiates

Jasin wrote on May 18^th, 2020 at 7:28am:


More like the Hard Binger of Dreams...   

Prime Minister for Canyons wrote on May 18^th, 2020 at 12:32pm:



indeed, i was responding to FDs comments re USA

aquascoot wrote on May 18^th, 2020 at 1:45pm:


I don't think Australia is far behind. Gun deaths might be the difference.

shows how incredibly productive capitalism is.

for 1000's of generations people always faced imminent starvation.

now we have too much food.

its a bloody miracle.

and how many people kneel before their fridge andweep tears of joy.
not many.

as well as the parreto principle i am a firm beleiver in the "law of use"

if you dont appreciate your gifts and have gratitude for them and realise how rare those gifts are, then the universe will take them away from you.

i dont think people realise how rare and unlikely it is that we have excess food.
it would seem highly likely to me, as a farmer, that the universe will adjust to take this away from people.
some plague or natural event, maybe all the bees being wiped out by a bee virus and pfft, you will be kneeling before an empty fridge.

then you will think.   gawd, that aquascooter was a frigging profit (being a capatilist, please spell it like that)

And what do we do with parasites?

Aging population,
Cream of the earth,
Definitely worth,
More than they're worth...

My year 4 teacher told me her age (being 37) at one point during the school year. My naive 9-year-old self responded with a "Wow, that's old". She looked more like 47 than 37 years of age. 32 years later, I look back at those days and wonder what the hell the 1980s had to offer people over the age of 30. I reached 41 years of age the other month. And yet I am physically fitter and younger-looking than either of my teachers in 1988. Five years ago, a co-worker said that I looked 25 years old, not 36.

For some reason, both teachers have defied their younger selves and look like they have improved over the years.

Grappler Truth Teller Feller wrote on May 18^th, 2020 at 11:53pm:


Salt of the earth preserves meat and flavour.

Earth Cream - InSkin Cosmedicswww.inskincosmedics.com.au ›
A cream for wrinkles.


Mud Therapy - Vital Levity Holistic Healthvitallevity.com.au › holistic-healing-services ›
Why or when would you use a mud pack? When there has been trauma to the body ( scars, vaccinations, whiplash, falls, fractures).

Work, hard work - for current and new generations isn't about doing 'physical' work Valkie.
Its all about working 'online' for their new Employer: Skynet, Weyland-Yutani, Robotics Inc and other 'Mental' employers.
Most people don't move from their chairs for 8 hours to work via the Computer.
Look at how TV Media has seen 'everyone' work from home and Online.

Most people think Valkie & Aquascoot work like Primitives with a shovel in their hand and doing menial jobs like Fencing. No cafe latte's delivered to their door.

Hundreds of Divers have discovered 99% of all Wrecks around Australia.
They made the effort and with much passion.

Then the Archaeology students with their Masters, etc - attacked the Divers and used the Government to back them so they could 'steal' all rights pertaining to Wrecks and any new ones found.

Now, these Archaeological Academics have 'total dictatorship' over all wrecks discovered and undiscovered.
They are piss-poor Divers compared to the more Technical and 'clever' Divers that did the hard yards and got reprimanded for it... like Ben Cropp whose 'not for profit' Museum up in Port Douglass was closed by the QLD Government and all of his displays were sold off overseas or lay in boxes hidden from the Public eye.

Coins from the Batavia found by Divers were confiscated by a WA Museum and 'sold' overseas.

Aust Government & State Governments have been party to the most evil actions by these 'Uni' types who, upon discovering that they are useless and had nothing to show for their studies - decided to 'steal' from others to justify their piece of Paper that says "You're Smart Now".

There have been a few Wrecks discovered by Divers since, but although risking huge fines if they don't disclose it and hand  it over to the Archaeological Prats - who 'ban' all visitations (except themselves). They still secretly visit these wrecks for the same reason why they took up Diving and not a Uni Degree.

Archaeologists haven't really done much in the way of making a difference beyond giving a Govt an excuse to hand out fines and empowering their Degree as 'important'.

Talking in terms of our elderly as "a drain on welfare" ....

speaks volumes to the disregard we have for them.

That we've had to have a RC into Aged care is another damning indictment on our society.

It's a national shame.

Valkie wrote on May 20^th, 2020 at 6:12am:


Today's selfish generation cannot afford their own home because they selfishly don't want to pay for a home for 20 years only to see it devalued to a point that they might as well stay put.

It is difficult to afford children when your job pays as much as $20/hr and you have to work 40 hours a week paying off your overpriced home in either rent or mortgage.

Oh, and you cannot really discipline your children when laws protect children from even getting to hear a raised voice.

And our selfish generation will have to be burdened with the baby boomers' lifestyles after retirement. I can't imagine having little money to live on whilst my tax is being given to retirees who can afford to go camping until the money runs out.

We are well aware of all the sacrifices that previous generations went through. Though, my generation probably suffers as much job insecurity as those of pre-war generations.

If you are happy with a little fibro shack you can probably get one as cheap as they were in the old fibro shack days.

chimera wrote on May 20^th, 2020 at 6:03am:



I'm 71 next month and am often mistaken for early fifties... not for the absence of a hard life, either - I've done more than you can imagine ... pharmacist lass up the mall looks about 14 - she's 23... I keep screaming, "Child Labour!  Child Labour!"

freediver wrote on May 20^th, 2020 at 5:19pm:


People will want to knock down the house I have and rebuild a modern home up to standard. Little fibro shacks are probably also in line to be knocked down for the sake of making way for new homes. I happen to live on the outskirts of the business areas and I can imagine that if Rockhampton would become a larger city from an economic boom, I would be forced out to the suburbs to make way.

UnSubRocky wrote on May 20^th, 2020 at 3:46pm:


Your tax being given to Baby Boomers?

Most of them paid shyte loads more tax than you have up til now.

They paid taxes for all the dole bludgers up until they retired.

Those who had superannuation have self funded their retirement .... so it's not your tax they get.

Not all of them go out & blow all their super just to get the pension.

They raised & educated ungrateful arseholes like you.

How many times have you been unemployed & on the dole?

Have you ever been the recipient of any other govt. allowances/rebates?

Gnads wrote on May 21^st, 2020 at 5:56pm:


Now there's an insight, property values are influenced by location....

Gnads wrote on May 21^st, 2020 at 5:54pm:


I doubt that I have paid close to enough income tax in the last 24 years to cover the yearly income of a McDonalds store manager -- Heck, perhaps not even enough to cover the expenses of a part-time customer service person on the grocery checkouts. So, I doubt that I would be covering the costs of funding a retiree on a pension for very long into their retirement. That is not the point.

And to answer your question about receiving government allowances: Yes, I have had received government Youth Allowance and Newstart Allowances for the last 21 of the 24 years that I have worked. But, I can be forgiven for being on the partial dole for that amount of time, seeing that I have worked and have had to contend with a mental illness for the last 15 years. I have also worked full-time hours where the most I have earned was about 1700 inside a week. But the full-time hours only lasted 5 of the 24 years of my working life. So, it is not like I am some kind of parasite. I will start feeling that way if I give up my job or can't afford my retirement in my old age.

You have to admit that the Baby Boomers have had a pretty sweet ride over the last 70 years. Only the elder part of that generation had to worry about the idea of conscription into the army for the Vietnam War. And I suppose only the prolonged recession we had in the late 1980s and early 1990s was something that I would not want to endure. Beyond those issues, I could not imagine that the BBs were having all that much trouble with financial stress or home affordability, etc. Yet, we are now going to have to put up with most of them not able to afford retirement because they are too young to have had to save up enough super or are just entitled to the pension and a longer life expectancy than their parents.

And it is not like I have not done anything for this country that should exclude me being labelled a "parasite" on society. I will be the one to decide when that label should be affixed to me. As for BBs paying for dole bludgers, that must have been back in the days when getting the dole was so easy. In high school, we would joke about just going on the dole for years and wait for our opportunities with work. But, the reality was that we could not become "professional students" or hand in job search forms about a list of places we could work. We now have to do mutual obligation studies. If you were not in university or TAFE, you were doing some form of training. As such, and I wish I had tried this 20 years ago, I can work in the hospital or the aged care (pffft!) industry. And if I reacquire my motivation to learn information technology, probably something applicable indoors (but, not with my current attitude as stated).

Old people are retiring after having years working in a job that was guaranteed for them after completing year 10. My generation has had to stay on to finish high school, and then do some sort of tertiary education in a field that is screaming for employees.

My uncle retired from the mining industry a few years ago. He had the sense to invest in renting out homes. And now that he has retired, he decided to sell off a few homes (including one to my brother) and just rent out a few other homes to supplement his retirement savings. Mum worked in a white-collar job since her early 20s. But she has progressed so far that she has also gotten a 6-figure yearly salary. From what she tells me, she has enough savings to keep going until her 90s.

Actually, after 10 minutes of typing this, what is your point? I doubt that you do much more than I do. And off the record, you would have not have been as constructive as I.

UnSubRocky wrote on May 22^nd, 2020 at 12:25am:


Too much nonsense to respond to there, Grasshoper - wait until you've traveled the full distance...

UnSubRocky wrote on May 22^nd, 2020 at 1:22am:


You have many good points... but remain aware that there are many ways about things....

When I've got time - I'll look over what you posted there for you in detail.

UnSubRocky wrote on May 26^th, 2020 at 5:50pm:



I forget the trivialities sometimes....

Ye Grappler,

I will have to tell you my motivation behind my choice of words on this topic. I have basically done nothing considerable in terms of a job. I went to high school. Studied as casually as I could to get through school. And I did not even have a casual job until I was 17 years old... post-graduation. Since then, I have studied at university and TAFE on and off since 1997. Perhaps doing a couple of courses in TAFE and a couple of degrees in university (one of which was only half-way finished). So, I perhaps have about 25 years of full-time formal and voluntary education under my belt. Basically, I am overeducated/underemployed. And since 2010, I have been half-heartedly looking for work, whilst working part-time and a few months worth of full-time work.

Basically, I hold a bit of a grudge against the older generations who could walk into a full-time job after finishing high school at age 15. Dad happened to get an apprenticeship at 15 and then got his full-time work at 18. Mum finished high school, and got her own traineeship for a few years until she graduated. Now, both worked full-time jobs until I was conceived. Mum had to give up work whilst she had me and my two siblings. Then she went back to work and made her way in seniority up to a good-paying job. She is now considered invaluable along with her colleagues.

Meanwhile, I get stuck in a casual job so long that I am not really employable by the time I turned 25. And 16 years later, I can only say that my TAFE courses and traineeship has been the only thing to make me employable in a job that I will get for people around my age and employability -- and I don't mean fry-cook or taxi driver. As far as the community is concerned, I have not paid much in tax. And I will probably be seen as a parasite if I can qualify for the pension. My superannuation is so modest, that I might only be able to afford to retire for 10 years before it runs out. I don't expect to live beyond 75, so that might not be such an issue.

And whilst I cannot say that I deserve a pension more than other people, I doubt that we really need to be paying for people who retire before they turn 65 years of age. Plus, with the extended life expectancies seen in the last 30 years, I would expect those people who want to retire at 65 to keep working until they are at least 70. I want to keep working for another 30 years before I retire. But, I would only consider working if I am physically able to keep working. I expect that of anyone born after 1960. Dad actually gets my respect for continuing his working after retiring from his job a few years back. Like I said, he works part-time now. That's after working 47 years full-time (longer than I have been alive).

As for "certain ethnicities" getting paid more than the general public: I have actually heard a politician tell me in very uncertain terms that certain ethnicities get paid more in welfare per person than other ethnicities. And that does not take into consideration the higher unemployment rates among that ethnicities. Makes you wonder if that $60 billion in extra help money consists of $20 billion in extra welfare payments and $40 billion being pissed up against the wall for one reason or the other.

UnSubRocky wrote on May 22^nd, 2020 at 12:25am:


You just proved my point.

What you've written is purely assumption.... & in places laughable.

I've retired. So I guess I am now doing as much as you've done for most of your life = SFA.

After 46 years of shift work I'd say you haven't even scratched the surface at being constructive or comparable.

I'm buggered if I know how being unemployed more than working, being a fat couch potato when you're young, siring children indiscriminately & thinking you're a Don Juan is being constructive.

I think your attitude then & now is why you haven't held a steady job. I don't think you've ever wanted one.

No one had or has a guarantee of a job.

You using your mutual obligations for collecting the dole as an example of how tough you're doing or were doing is a joke.

Money for nothing & your chicks for free ey?

Your Uncle & your Mum have worked for what they have or will have in their retirement ... are you jealous?

Do you express your anti-Baby Boomer thoughts to them?

Bet you can't wait for Mum to retire to get her super ... I bet you expect her to hand you some.

But for Boomers you wouldn't be here.

UnSubRocky wrote on May 27^th, 2020 at 2:56am:


Yep I was right .... bad attitude, jealousy & you really didn't want to work.

Fancy having that attitude towards your parents.

The biggest disappointment ey?

Gnads wrote on May 27^th, 2020 at 7:35am:


You could probably work another 46 years in a do-over life and you would not have come close to saving the government money as I have. That is part of the reason why I was motivated to talk about getting slobs off the dole.

I am not going to go into details and I don't want to name names for the sake of anonymity. But, you do not know how hard my life has been or what has happened. And you probably do not realise how lucky you are compared to what I have gone through.

It has only been the last 14 years that I have had recognition for my part in helping elevate Australia economically. Some government officials have said that they concede I have probably earned the right to back pay equivalent to that of $400,000 in the last 20 years. But, like you, they have said that since I have been sitting on welfare for the last 20 years, I should probably not complain too much about not getting anything.

Actually, I have held a job (even at a minimum a few hours a week) since I was 17 years old. And I have probably only been unemployed a total of 1 year since I have been an adult. The last job offer I was offered involved me having to change who I was and leaving behind a better and more meaningful life for some schitt conditions but good pay. In that sense, I suppose I would be better off staying in my part-time work part-welfare lifestyle. But, at least I have a job opportunity coming up in June.

As for my children, why bother bringing them into question? I have no rights to their upbringing. A few of them were conceived before I had the right to consentual sex. And most of them were sperm donations after I reached adulthood -- some of whom I have met. (Apparently, the blonde/blond trait was sought after in some women's desire for children). Not that it really matters. You might have stroked it to one of my daughters featured as a bikini model. And my other more famous daughter happened to feature at one of the past international athletics comps. Apart from one bad apple in the bunch, my children have tended to be decent people.

And my question to you is how many times have you had a knife held to your throat; been assaulted; had false rape allegations held against you; been subjected to considerable sexual, religious, racial discrimination; and even been the subject of a number of police investigations as a result of such? Because, as I see it, that does ADD to the HINDRANCE of getting or maintaining a job of worth.

The only thing anti-baby boomer that I have probably been interpreted as saying is that I think we should not have been in lock down since day one.

Bobby. wrote on May 27^th, 2020 at 7:36am:


The grubberment lied to me right though my years of gainful employment.

They told me that if I worked and paid taxes, i could retire at 65 with a pension.

Well, they lied, now it's 67, but more fool them, I'm pulling the plug at 62 and using up enough of my super to be eligable for my wistfully deserved pension.

But these younger generation don't like it.
They think I'm getting something I don't deserve.
They base this on themselves, and I agree, they don't deserve anything.

I started work at 15............they stay at home, "studying" until they are well into their 20s
I moved out of home and started a family at 20..........they don't like the idea of families, they are too selfish
I saved and scrimped to by my first home, working 3 jobs to get a deposit.........they hold their hands out and demand, beg and cry for money.
I purchased second hand cars, furniture,  even clothing to save money........they want everything new, new cars, new everything.
I taught myself to repair, service and look after my possessions.......they just go out and buy new stuff and complain when the car breaks down.

They say we had it easy, that houses were cheap.
Bull shite
I got married on a tradesman wage of a princely $84.00 a week.
From that I paid $32.00 rent and about $20.00 tax, leaving me a wonderful $32.00 to feed, and cloth a young family.

Later when we were ready to consider buying a house.
They were around $180,000.00 and above.
My wage then had risen to a managers wage of about $150.00 a week, do the math.
Banks wouldn't give you a loan without a good deposit, and no one I know ever got the "first home buyers grant".
To be eligable for this grubberment grant, no bank would touch you because you didn't earn enough to pay a loan back.
Probably public serve us employees had special deals which made it work, but us working stiffs go no leeway.

In my other jobs, I was taxed at the top rate, because you couldn't just add all your earnings and get a tax on the lot.
You were taxed max amount for any jobs you did and could only claim on one.
Cash in hand was hard to get, but great when you could.

Cars were expensive, even second hand cars cost several months wages.
Not quality either, mot cars were very unreliable using points and distributors, carboys and some very primitive engines.
They weighed a ton, very heavy and they were very thirsty.
Repairs were invariably expensive, unless you did it yourself, many learned young how to fix the car.

The roads were even worse than they are today (yes that is possible)
Our family used to travel from Sydney to the central coast for holidays.
8 to  hours was quite common, one lane roads and broken down cars taking their toll.
That same trip now can be done in 1 and 1/2 hours most days.

Technology didn't exist.
No computers
My first couple of cars didn't even have radios.
Air conditioning ?  What's that.
Mobile phones yeah, right.
We didn't even have a phone in the house, we used the phone box on the corner.

We lived from week to week, most times going without because we had no money.
Never had a holiday, once I was married, count afford one.
Overseas travel? A dream, nothing more.
I was 19 before I had my first restaurant meal.
23 before I stayed in my first motel.

Life was tough, but we were tougher.

Not like the poor little pussies today who cry if their internet is down.

UnSubRocky wrote on May 27^th, 2020 at 3:13pm:


Try on call 24/7/365 - never seeing family at Christmas and New Year etc, and easily averaging 100+ hours a week.. yes the money was good - about the equivalent of a back-bencher's salary - but I did my bit for it, let me tell you - on the feet and outside in any weather.  And how many times did I get home to get the call to come back. I did that for 13 years - nobody looking at me today would believe it - but my cardiac condition shows it.

Valkie wrote on May 27^th, 2020 at 7:15pm:



We had it tough - not like these pansies now:

Bobby. wrote on May 27^th, 2020 at 10:09pm:

'an 'ad ter pay... PAY mill orner to coom ter work!

Not all your are deadbeats though.

My eldest isn't.
When she got married, her and he husband decided that they didn't want to go into retirement on the pittance that the grubberment would seem livable.
They looked at the thieving super funds and said NUP.

They decided to live on one wage and invest in self managed super with the other.

They bought their first investment home about 15 years ago.
It was a hard slog, but they had a plan and stuck to it.
With the rent they got nd the wage both going into the loan, they paid it off in 5 years.
The second and third were faster.
I believe they have 8 or 9 properties now, not including their own beautiful home.

When they hit 12, they are going to retire, could be in a few years from now.
Rental income alone is somewhere around 5k a week at the moment.

They have never complained, they simply do.
Not one grubberment handout, nor will they ever be eligable for one.
They have done well.

My son has bought a farm.
He is making cash hand over fist, he now owns the farm.
But he is currently enjoying it too much to retire....yet.

Only my youngest is yet to succeed.
But once her fiancee finishes uni, I believe they will head down the same path as my eldest.
They keep in touch and have been planning for a couple of years now.
The eldest will help her out and I know they will work together.

Too bad the others of the lazy generation don't have the same drive.

Don't bother getting any sort of bank loan until you get a home loan. Then just put everything on that. Half the interest rate.

freediver wrote on May 28^th, 2020 at 5:41pm:


Not sure if this is still the case.

But when we went for our home loan, we had no credit rating.

You see, we had never borrowed money up until that point.

If we wanted something, we saved until we had the money, and then bought it outright.

What got us over the line was the fact that our savings history for our deposit was solid.

6 years of dumping as much as we could into an account set aside for that purpose.

Is this still the case these days?

With our assetts and bank balance, we would have no problem getting a loan.