You didn't upset me hun, I was just answering your question with some of my perspective. The second half of my post was more in reply to the 'suck it up' statement, not your post.
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You didn't upset me hun, I was just answering your question with some of my perspective. The second half of my post was more in reply to the 'suck it up' statement, not your post.
I agree Sushee and Becka. People need to see the other side too, we are one of the ones Becka mentioned who didn't buy a house when they wre more affordable and now pay just over $2,000 per FORTNIGHT on our mortgage, $440 a fortnight on FDC plus all our other bills so we have much less disposable income than some people who will qualify. Because DH's income is significantly lower than mine I cannnot afford to be a SAHM and since his varies according to overtime we never know exactly how much he will get.
I wil just have to "suck it up" I guess but what annoys me most is what Rudd has decided is middle income and what is not.
dont forget guys that although $100,000 may look good on paper dont forget those people pay a hell of alot more tax than those on $40,000!
LMAO - 'these people" being..... ME!! :P (love the round about way people talk on these forums PMSL):
Well.. I can only speak from experience. I have been given figures, everything makes sense.. trust what I'm told.. go back with my next question, and the next person says no, that figure isn't right.. should be this.. blah blah blah. But I was GIVEN this figure!! Can't tell you how often it has happened.. and it happens with plenty of places where people sit looking up knowledge bases. UGH. the questions aren't that complicated either fwiw. (oh.. and it was when I was working for an accountant.. so it wasn't just me ringing up with personal questions.. so I wasn't the only frustrated one)
And yep - the tax on $100k is ridiculous.. especially when it's from one income. If it's divvied up between 2 people the tax isn't AS bad. Does it allow for this at all with FTBA? Our net income would be less than a couple earning $50k each. Yet we're seen as having the same "income". pfft.
ETA: cos I'm bored I'd figure I'd work out the difference LOL. Two people on $50k each bring home $80,856 and a single income on $100k brings home $72,432. Sheesh, $8k difference in tax, so 2 juniors could bring home more than 1 senior!
(this was a very basic calc, didn't take into account dependents and stuff.. just wanted to see a basic difference :) )
I was going to say the same as Sushee. We're on a combined income of just under $100 000 & we struggle, Aaron pays something like 40% in tax. Aaron's pay (90% of the total) goes entirely on the mortgage & bills with around $150 per fortnight to spare. Mine pays for (& only just) petrol for my car & groceries. As soon as a birthday / special occasion comes up we have problems & the credit card gets a beating.
Exactly! :clap: now that's a fair way of looking at the big picture....:
Just remember everyone that people on mortgages (and yes they choose to have a mortgage just like 'some' others choose not to have a mortgage and prefer to rent and in some areas rent is cheaper than owning a house) have ALOT of monthly payments just to keep up with the repayments and money can be very tight for these people also, so yes $1k would benefit these people too..... as i've said before, EVERYONE can benefit from $1K in some way or another no matter who you are..... whether it be to pay off your home loan and beat the high interest rates, or buy food for your family....
It's rude for anyone to assume that someone on a 'high' income of say $100K or more, would 'waste' that $1k..... because for many people thats simply not true.
I think this is what upsets the "high income" earners the most......
(i'm not going to state where i fit in the picture because it's noones business and TBH i have no idea if we qualify or not but i like to see it from BOTH SIDES)
I just wanted to say... I think its just as rude for someone to assume that people who are on low incomes will blow the money, as it is to assume that people on high incomes don't need it.
(Not aiming this at anyone BTW just saying!)
That's all I'll say.
With the extra $8k we're paying in tax.. I should have had 6 more kids so I could get that $8k back! LOL. Altho that would only cover 1 years worth. Let's not even think about how much extra tax we pay over a lifetime. eeek.
Exactly Leasha :clap: I agree !! Money makes people think horrible things....and it really cuts a line between different people doesnt it.... to avoid all this the government should just put the money elsewhere but obviuosly thats not gonna happen.....
I just hope when times get tough every time, people don't assume they will get $1K from the government you know?? As some people may start wanting to rely on it.....
You girls hit the nail on the head!
Yesterday, my friend told me she gets FTB because she's a low income earner. TBH, I think we are struggling more than she is.
Our combined income is a little over 100k, but as you ladies put it, it mostly goes to tax. A few bills are piling up and its just the worse to keep having to check your bank account to see when your DH's next pay is going to come so you can pay these overdue bills.
For my friend, she's lucky to not have a mortgage as she lives with her in laws and does not have to pay for groceries, bills etc.
I'm not jealous, just saying that just because we are earning 100k, doesnt neccessarily mean the $1k wont help us out either.
did just want to point out one thing on the difference in tax for people on a single income v double income family - don't forget that single income family, if the worker is on less than 150k, gets full ftbb - it might not be a huge amount, but its an additional 128 a fortnight, so that removes almost $3400 of that $8000 difference. it still doesn't level the playing field, but if you're going to draw figures to show a difference in circs, it helps to draw ALL the figures
btw, just wanted to thank you BG, Your replies makes it so much easier to understand than ringing Centrelink because I have really bad memory so tend to forget what they just said!
BG with that FTBB does it increase with each child? or stay the same?
For us Jols it increased, only by around $14 a fortnight, but every bit counts!
ta christy!!
TBH at the end of the day we all choose to have kids! they really are our responsibility whether we choose to have 1,2 or 6 kids! we should all be gratefull we can have them! love them and cherish them, no amount of money can replace those facts. we need to get over what everyone else has or hasnt got, gets or doesnt get. wants doesnt wants, needs doesnt needs. BE HAPPY with what you do have! i know i am!
FTBB is based on age of youngest child, income of lower income earner - so whether you have 1 child or 10, the payment will be the same. FTBA is the one that varies on the number of kidlets
if your youngest is under 5, it's 128 per fortnight (or ball park figure) - if your child is five or over $86. this is the max rate when the lower income earner has income less than approx $4500 for the year...
I was hearing on the news that some politicians are saying that people are just going to blow that $1000 on whatever (tv's for example). The first thing that came to my mind was food for christmas!! Nothing else even crossed it! And even my dh's (who is a BIG money spender) first thought was food on the table! See we're not all crazy out there spenders mr politican!
I'm getting the $1000 at christmas - thanks mr rudd! I called centrelink about 15mins ago about my FTB (coz work wants me to do more hours - was the primary inquiry) and if I do more hours it brings *my* earnings up to a threshold that I will be receiving very little FTB B, but still earning Part A. I'm so confused. But happy there'll be food at christmas. :)
ftbb is based just on the lower income earners income Rhianon - so if your income has gone up - even though you may remain qualified for ftba, you may be nearing the thresholds for ftbb and thus reducing your payments for part b...
I totally agree AJP.:
The one thing i hate when it comes to discussions like this is the sledging of high vs low etc etc... We all have choice in our lives, if you dont like your mortgage - sell your house, if you earn too much change careers.
We used to be high income earners and have a mortgage but we made the decision that me being a SAHM was what we wanted for our children. this cut out my wage which was a big part of our income. We struggle more now - behind in payments etc but i wouldnt change anything for the world! This is the life i choose and i am blessed to have my 2 children in my life even if it means we go without on a lots of things and DH has to work extra hours.
In the end all this material wealth is nothing.
I couldnt care less if we got 1k or not, not like it was anything i planned my budget around, and it is a bonus.
I think people forgot that in the big scheme of things the 1k bonus has nothing to do with us little people - it is purely being given out to be injected back into the economy.
*hugs* to everyone.
Im starting to get annoyed at people thinking that the lumpsum payment recipitants are going to blow it on useless items. It makes it sound like just because you dont earn a large amount that you have no idea how to budjet and lead a normal happy life.
Im also getting annoyed that because people make over $100K a year that many of us think they are rich and live a high and mighty life.
If your not happy with your financial situation do something about it. We are all indivuals who have choices and can choose which town/city/state we live in, what job we have and most of all what kind of lifestyle we lead. If your not happy about it, do something about it. Life is way to short to sit and be stressed out and unhappy about this sort of thing. Our babies are only babies for a short time and you dont want to regret not being there for them later when they have left home. This just doesnt include poeple who work...but how many poeple arent there for their children on an emotional level aswell.
Oh man would i love to make over 100k a year!
We pay $1040 a month on rent and $850 a month on our car loan....so thats $1890 a month which doesnt include food and other bills.
We manage to pay these expences on less than 50 grand a year. If we were were making 100k plus we would be living the GOOD LIFE! for sure!
If i wasnt coping financially on 100k a year then i would be living beyond my means.
100k is alot of money....it needs to be budgeted properly. If it all goes on bills and people are struggleing then you shouldnt be living beyond your means.
Im not being rude im just saying that if you are paying a huge amount on your morgage and other loans then that was your choice. Nobody made you sign the papers
I just wanted to say again that on the FAO phone message it says UP TOO $1000.
So it sounds to me like it might still be on a sliding scale!
I would like to stay away from the $$$ debate. Sure I'd love to have more (I'm sure everyone would), but this is my life.
I'm sure I could put my kids in full time day care & go back to school to get the qualifications for a job that pays over $100k, but I don't wanna.
I wanna be home with my kids. I'm happy to struggle along if it means the precious time with them while they are young.
My DH is doing what he wants to do! Its bloody hard work (he's a shearer), but its what he wants!
I don't think anyone has a right to winge to higher earners as there is a chance they have sacrificed alot more to get what they have got.
Life is hard. It requires hard work to get anywhere. Everyone is different. Some people can do this, & some can do that.
Some people waste money, some don't.
Some earn more, some less. The majority of us choose our lives. Sure money is great, but I'd rather happy healthy kids any day.
As long as I have a roof over our heads & food on the table we are doing ok.
We both have mobiles on a plan & we have broadband internet. I consider them both major luxuries for us! To have a computer & registered car is a luxury for us.
But, as I said, this is our life. We could change it if we want to, but we are happy with what we are both doing with our lives.
To be completly honest, I am a little upset that people assume because your low income, its fine, because you live "low income", and if you get more than $100,000 your just as "poor" as the low incomers... In some cases that just isn't true...
We got our home loan as a working couple, and are now single income. So our mortgage repayments are JUST as high as "middle to high" incomers. Only we have half the wage to pay it with.
And we too have all the same bills.
They are just as expensive for "us" as it is for everyone else.
We dont get cheaper elec, ph, gas or food because we earn less.
We pay the same as everyone else.
We have to run a car. (Ad works half hour away).
But this our choice. We wont sell till we have to.
I am not whinging about my choices, just about the assumption that if our income was around $100,000 we would be just as worse off. (and I dont mean any particular post, just in life general!)
The government says I cant do FDC from home while Kane is a high matenience bub. Fine. But they also say he is ok enough to not warrent ANY extra financial help... :rolleyes:
But I will get back to full time work as soon as Kane and bub are at school and things will ease a lot.
I have also heard "high incomeers" say they would like some of their hard earned cash back, instead of it going to the dole bludgers and mums that sit around on their a$$es all day...
Well I too have paid a LOT of tax.... after Kane is only time I haven't worked!!! I have held down 3 jobs to support my 3 kids on my own, instead of being a bludger.
It just really irks me to be labelled when noone else has lived in my shoes...And I guess the same goes to others here too....
I am happy with my choices, even if it makes me "poor". :lol:
I would just like for people to not assume anyone elses life is just peachy due to income....
sorry, but that IS being rude - that's passing judgement on YOUR values and telling someone else how to live their life! some people don't have a choice BUT to pay high rent or mortgage as they have to live where the work is available! it's not just a case of saying it's a choice. i'd like for anyone to find a house that is livable for a family in Melb/Syd/Perth for $1040 a month. i live a couple of hours out of the city, and to live close to the local infrastructure i STILL can't find a house for that amount that is reasonably livable for a FAMILY.:
i thought we were off the haves/have nots discussion. away from passing judgement on how people live and what their expenses are. just because you're on a high income doesn't mean you have a lot of disposable income!! you pay a crap load more tax, you lose eligibility for government family assistance payments... it's NOT all it's cracked up to be when you're on those "middle incomes"
FWIW, my DH and I are probably on around that income bracket where we'll get no FTB at all. we live 40k's from my work (more affordable housing), DH lives, on average, 10 nights a fortnight away from home - so as well as having the normal housing expenses everyone else has, we have the costs associated with him living away. we're frugal, we send as much food away with him as possible - but when you have a small fridge, no set place to cook, you can't send everything - he has to buy meals more often than he wants. we have to pay added insurance to cover the stuff he has in his truck. we have no choice but to have a mobile phone for him as it's the only way he is contactable for work. on our combined income, with no family assistance payments (even when the gremlin arrives), we're financially worse off than my Brother and SIL - and they are on income support and family assistance payments - go figure!
ETA - because we live in a smaller town, several km's from the local "infrastructure" we have no choice but to have bottled gas, which is crap loads more exxy than natural gas - our average monthly gas bill, using minimal heating, is somewhere cose to $200 just for cooking and hot water, and for the "rental" of the gas tank
No-one is saying that they are earning over $100k a year and can't get by without the bonus. Frankly, whatever your income, if you need this bonus you're budgeting badly because no-one knew about it until a few days ago. If your budget was based on $1k appearing out of thin air you need to start making a more realistic budget.
Regardless of your income, being just a tiny bit over the cut-off would be annoying and regardless of your income, $1k will be useful, even if it's just so that you can buy one more pearl studded chihuahua collar.
An hench my precious post...to many people are being judgemental over others lives and having to justify their wages ect to everyone else. Get over it!
who cares what ANYONE pays in rent/mortage fee's is your own decision to do as you please and not point fingers at others!
Chloe - dont like pearls honestly :ROFL: what about rubies
I think everyone needs to calm down and take a deep breath...
We all have made choices, we all have INDIVIDUAL circumstances and can not judge others and how they choose (or have to live) to live.
Why is it that when it comes to money we all turn on each other like a bunch of rabid dogs.
Your personal circumstances are just that personal.
:clap::clap: Dash
I agree! Unless they own a private jet, a few casinos and the moon, it's fair to say no one should assume someone else is better off because of their income!:
I actually have a friend who was given a portion of the moon for her birthday :o :rofl: Who knew you could own the moon!
I am on a lower income right now but I STILL OWN THE ROAD....
I think that Dach has said it best.
I also think that everyone should just sit back and take a deep breath and CALM DOWN.
So some people will get it and some people won't. I won't because my DH and I work bl00dy hard and pay more tax than most people earn in a year. We are OK with it because realistically although we have larger expenses because of where we live we still live within our means. But I will be buggered if anyone here on BB which is supposed to be a supportive and communal environment is going to attack me or anyone else for saying that even though they are medium to high income earners they couldn't do with some extra money.
If I had the power I would close this thread down because in my opinion it is nolonger about the original post and it is just people trying to defend their own position and attack those who don't agree with them.
I am very mad - and it takes a fair bit to get me angry.
I think that everyone should just grow up.
Honestly if you are happy and healthy who gives a continental about how much money everyone has. Get a life and stop worrying about what everyone else does and doesn't have. There are alot bigger issues going on in the world, than who gets $1,000 and who doesnt.
:ROFL::ROFL: Had my say for the day..........
I must of missed the posts saying high incomers couldn't do with the money too. :doh: EVERYONE could do with more!!! :lol::
I'm sorry its made you upset... :hug:
I hate people assuming anything about my life style and choices, so know how you feel...
I would like to go out to Adams work and smack that guy in the head!!! :lol:
I told Ad to tell him I'm putting the money away for a boob job!!! :ROFL: That"ll make him happy, not!!! :lol:
just to clarify - there is NO sliding scale - the reason "up to $1000" is mentioned is that there are a huge number of children that are in shared care where two or more people will share that $1000 depending on what percentage of time they have a child in their care. there is a hard cut off point, which is to qualify for FTBA.:
So BG... sorry for asking for an answer that I think you've just given....but if you were to qualify for FTBA, even an amount an little as $1, then you would be entitiled to the full amount?
Nic
I was gonna say the same thing! :p:
Bugger wasting my fuel to drive out to Ads work to smack that man, I'm gonna send AJP out instead!!! :lol:
You go girl!!! :clap::clap:
:
yup
just confirmed with a work buddy!
honey most people who earn $100000+ (on paper) have worked bl@@dy hard! and for longer than you really realise! my DH has been in the workforce for 18yrs myself 10 yrs (prior to having DD) we have paid a significatn amount of tax over the years and people like you assume we dont deserve a measely $1000, its sounds to me like your the one living beyond your means! i mean $850 a month on a car loan! rediculous!:
my DH worked hard to get where he is, gets slugged with high tax, id be happy to get no assistance if we paid less tax! that way we couldnt be accused of getting what some believe we dont deserve!
:
would be honoured hun :lol: let me at him!