Numero Crunchero
No, busy working. You have left out that a DESO can get up to HKD$24150.00per month in housing assistance (50% of the rent free zone) on top of their basic year one monthly salary of HKD$32213.00 which they can use to pay for a rental property or pay off a mortgage if they buy a property in Hong Kong. So a DESO on HKD$56363.00 gross per month is about AUD$7500.00 per month after tax. After 2 years they go to the full rent free zone allowance of about HKD$48000.00 per month plus a basic monthly salary of HKD$40410.00. This is a monthly income in AUD of about $11800.00 net. A DEFO on a Sydney base must stay on that base for a minimum of four years. So if we say the DESO has had the full housing allowance for three years and is using it to pay off a mortgage, without going into the exact numbers I would say they are better off that the DEFO pax guy.
Would a CPA disagree with an MBA on numbers? I always like debating numbers.
You know me Crunchero.
