How much did you earn this fin year?
Sprucegoose
Join Date: Sep 2000
Location: Hughes Point, where life is great! Was also resident on page 13, but now I'm lost in Cyberspace....
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Turboprop below 5700 KG.
$55,000
+$16,000 (tax exempt)
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= $71,000
- $12,000 (income tax paid)
$59,000 net plus about $2000 in allowances.
Next financial year should yield an extra $20,000 due to EBA and out of EBA pay rises!
Less than 500 hours per year, 7-8 day fortnight, 6 weeks annual leave.
Butr I do get to live in Oz!
$55,000
+$16,000 (tax exempt)
----------
= $71,000
- $12,000 (income tax paid)
$59,000 net plus about $2000 in allowances.
Next financial year should yield an extra $20,000 due to EBA and out of EBA pay rises!
Less than 500 hours per year, 7-8 day fortnight, 6 weeks annual leave.
Butr I do get to live in Oz!
Join Date: Mar 2006
Location: Australia
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Titan Uranus,
Have to agree, no amount of coin can adequately compensate you for the things you mention o/s.
I know people who are "over it" and keen to move home to Oz, for lifestyle alone.
Quality time with family & friends in the best country on earth, priceless.
Have to agree, no amount of coin can adequately compensate you for the things you mention o/s.
I know people who are "over it" and keen to move home to Oz, for lifestyle alone.
Quality time with family & friends in the best country on earth, priceless.
PPRuNe Handmaiden
Jet A,
Ave wage here is £22K so it does. Checkboard's a captain with easyJet so he's on similar money (many more hours though.
)
We have a nice house (not heavily mortgaged), nice late model merc, 3 motorbikes (2 Ducatis and a Triumph) in the garage. There's a nice lake nearby that we sail board on and the roads aren't bad for the bikes. A couple of good restaurants nearby and our village has 8 pubs.
We could live in a more picturesque area (eg Lakes district, Cotswolds or Cornwall) but the commute would be a bitch.
We have access to an airport (Luton...) and we can head to Europe for as little as £25. We view it as a 20 year working holiday with options to live in France or Portugal later on.
We intend to retire back in Australia though.
Ave wage here is £22K so it does. Checkboard's a captain with easyJet so he's on similar money (many more hours though.
)We have a nice house (not heavily mortgaged), nice late model merc, 3 motorbikes (2 Ducatis and a Triumph) in the garage. There's a nice lake nearby that we sail board on and the roads aren't bad for the bikes. A couple of good restaurants nearby and our village has 8 pubs.
We could live in a more picturesque area (eg Lakes district, Cotswolds or Cornwall) but the commute would be a bitch.
We have access to an airport (Luton...) and we can head to Europe for as little as £25. We view it as a 20 year working holiday with options to live in France or Portugal later on.
We intend to retire back in Australia though.
PPRuNe Handmaiden
Well, I still have my super in Australia and I did pay tax in Australia for over 18 years too. I won't be eligible for the full pension in the UK as I won't have worked here (UK) for 25 years.
It's legal.
It's legal.
Just Binos
Join Date: Oct 2000
Location: Mackay, Australia
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That's OK, Reddo. You'll probably earn as much in the next three years as you did in Australia in 18 years, but we'll take care of you in your dotage. Unless of course all the talk radio conspiracists currently venting their usual bile on the Aussie Election Thread are right in that we will have been consigned to financial oblivion a la Whitlam in the next three years, in which case we'll all be rooned.
Yours faithfully,
Hanrahan
Yours faithfully,
Hanrahan
It's not all about money. You get what you pay for tax wise (generally).
For a third of your salary you get:
Health system, which although you have paid for it, as a high income earner you must pay extra to use it (Medicare levy). Or pay even more for private health insurance. Of course if you live off the dole and contribute nothing to it, it's all free.
Education system producing ill disciplined louts, barely able to read and write, but who know all the state benefits they are "entitled" to, and their rights when arrested. Drugs readily available in schools. Of course you could pay extra for private schooling.
Welfare system breeding dependency, families in which two or three GENERATIONS have never worked. People on the dole having a higher standard of living than some of the tax payers supporting them.
Public transport, parks, many areas of cities unsafe at night due to drug addicts and teenage gangs. You pay for their lawyers if the police bother to prosecute. You pay for motel style prisons if the courts give more than a slap on the wrist (rarely)
Political correctness - shame on us straight, white, employed, law abiding males.
Cut out the waste, sort out the drug problem, deal with the anti social behaviour and bring the tax rates down to a sensible level (10-15%). That would bring alot of people back.
Last edited by Metro man; 18th Jul 2008 at 00:53.
PPRuNe Handmaiden
Oh don't worry Binos. I haven't been a burden on Australia for a few years and won't be for probably another 20.
I'll just bring my money that I've earnt OS and spend it in Australia.
Any way, what do you care?
I'll just bring my money that I've earnt OS and spend it in Australia.
Any way, what do you care?
Just Binos
Join Date: Oct 2000
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MetroMan, how does it feel to be a living cliche? A certifiably representative member of a narrow "philosophical" clique? You seem to be proud of it, and you've never once expressed any humanitarian view contrasting your own me me me beliefs to any other opinions.
I respect your right to think your own financial well being is the ultimate criterion for your views, but do you not occasionally suspect that every post you have ever made here says the same thing? Do you have anything interesting to say about human nature except that self interest is paramount?
I respect your right to think your own financial well being is the ultimate criterion for your views, but do you not occasionally suspect that every post you have ever made here says the same thing? Do you have anything interesting to say about human nature except that self interest is paramount?
Just Binos
Join Date: Oct 2000
Location: Mackay, Australia
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What do I care, Reddo? I can only repeat for about the fortieth time on these pages that I care deeply about where Australian taxpayers money goes.
One of my pet hates is middle class welfare. I believe welfare is for those who can't provide for themselves for whatever reason, but that doesn't include bludgers or those who think the state owes them a reason.
I am also a firm believer in means testing of welfare, and and equally firm disbeliever in the nonsensical belief that paying taxes all your life automatically entitles you to a taxpayer funder pension if you are capable of taking care of yourself.
In short, I care about Australia as opposed to my own needs. If you come back to Australia as self funded retirees you will be welcome. If you come back expecting our increasingly bloated welfare system to look after you, you have no sympathy from me.
One of my pet hates is middle class welfare. I believe welfare is for those who can't provide for themselves for whatever reason, but that doesn't include bludgers or those who think the state owes them a reason.
I am also a firm believer in means testing of welfare, and and equally firm disbeliever in the nonsensical belief that paying taxes all your life automatically entitles you to a taxpayer funder pension if you are capable of taking care of yourself.
In short, I care about Australia as opposed to my own needs. If you come back to Australia as self funded retirees you will be welcome. If you come back expecting our increasingly bloated welfare system to look after you, you have no sympathy from me.
Join Date: Jun 2005
Location: Sydney, Australia
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Regional Work
Work as an FO for a regional SAAB operator, based in Sydney. Some rounded annual numbers:
Gross ~ $41,000
Taxable Allowance ~ $9,000
Tax ~$10,000
--------
Net ~$40,000
Tax Free Allow ~ $10,500
Take Home ~$50,500
2-3 rostered overnights per week. Worked 23 RDOs which pushed the taxable allowance up almost $6,000. So not working those RDOs would probably decrease the take home pay by around $4-4.5K.
Great flying and great people though!
Gross ~ $41,000
Taxable Allowance ~ $9,000
Tax ~$10,000
--------
Net ~$40,000
Tax Free Allow ~ $10,500
Take Home ~$50,500
2-3 rostered overnights per week. Worked 23 RDOs which pushed the taxable allowance up almost $6,000. So not working those RDOs would probably decrease the take home pay by around $4-4.5K.
Great flying and great people though!
Binos
If I'm paying for the system I expect it to work for me. I compare things in Australia at the moment to a journey on a aircraft:
Ticket agent (ATO) charges me a hefty fee. For this I think I should get first class, but on boarding I find the front end full of politicians drinking champagne and eating lobster at my expense.
Moving down to business class I find it full of single mothers, refugees and dole bludgers streatched out drinking wine and eating steak, again at my expense.
Back in economy we are crammed in ten abreast with only two flight attendents looking after us and told we must pay for food and drinks. Everyone is complaining about how much they have paid and the poor service they are getting in return.
Next time the plane lands I get off and try another airline:
Ticket agent (tax office) charges me a much lower fare. Happy with this I get on board and assuming I've paid an economy fare, head for that cabin. Flight attendent checks my boarding pass and directs me to business class. Everyone around me is happy at the value for money. Check the economy cabin, people sitting ten abreast, simple meal, pay for drinks, two flight attendents.
Ask one of our flight attendents how the company keeps the fares down. She explains that they don't waste money and look after the high yield passengers first, but still provide a basic service to the low yield ones.
Through the cabin notice the politicians in first class, raise my glass to them for doing a good job.
Like Redsnail I'll consider retirement in Australia, and it will hopefully be at a higher standard than I would get if I had worked there all my life.
If I'm paying for the system I expect it to work for me. I compare things in Australia at the moment to a journey on a aircraft:
Ticket agent (ATO) charges me a hefty fee. For this I think I should get first class, but on boarding I find the front end full of politicians drinking champagne and eating lobster at my expense.
Moving down to business class I find it full of single mothers, refugees and dole bludgers streatched out drinking wine and eating steak, again at my expense.
Back in economy we are crammed in ten abreast with only two flight attendents looking after us and told we must pay for food and drinks. Everyone is complaining about how much they have paid and the poor service they are getting in return.
Next time the plane lands I get off and try another airline:
Ticket agent (tax office) charges me a much lower fare. Happy with this I get on board and assuming I've paid an economy fare, head for that cabin. Flight attendent checks my boarding pass and directs me to business class. Everyone around me is happy at the value for money. Check the economy cabin, people sitting ten abreast, simple meal, pay for drinks, two flight attendents.
Ask one of our flight attendents how the company keeps the fares down. She explains that they don't waste money and look after the high yield passengers first, but still provide a basic service to the low yield ones.
Through the cabin notice the politicians in first class, raise my glass to them for doing a good job.
Like Redsnail I'll consider retirement in Australia, and it will hopefully be at a higher standard than I would get if I had worked there all my life.
....you think our tax rate is expensive? Try somewhere like Finland.
). See the 2008 Forbes Tax Misery Index below: 
titan uranus
As you say we are 20 million, therefore do we really need seperate governments for each state and territory ? How much does this vast duplication waste ? The United Kingdom, with a population three times that of Australia manages with one driver and vehicle licensing authority, how many do we have ? No need to change licences and number plates when you move to a different area over there. Also the road rules are the same. Surely this is cheaper and easier. Even the railway tracks are the same size.
Binos idea about means tested welfare is a good one but would never work, political parties are too dependent on votes from those on welfare now who would lose it under means testing.
I don't think Aussie politicians are much better or worse than others in the developed world, but a smaller, better paid and more competent government would be better for us all in the long run.
Aussie tax rates are ridiculous, just because they are not he worlds highest doesn't make them any better. With our small population and vast natural resources there is no justification for current levels.
Just been watching the Australia Network on tv, Paul Clitheroe was advertising his investment company "IPAC". He said "moving to Hong Kong or Singapore is one of the best financial decisions you could ever make."
See you all in about 25 years.
As you say we are 20 million, therefore do we really need seperate governments for each state and territory ? How much does this vast duplication waste ? The United Kingdom, with a population three times that of Australia manages with one driver and vehicle licensing authority, how many do we have ? No need to change licences and number plates when you move to a different area over there. Also the road rules are the same. Surely this is cheaper and easier. Even the railway tracks are the same size.
Binos idea about means tested welfare is a good one but would never work, political parties are too dependent on votes from those on welfare now who would lose it under means testing.
I don't think Aussie politicians are much better or worse than others in the developed world, but a smaller, better paid and more competent government would be better for us all in the long run.
Aussie tax rates are ridiculous, just because they are not he worlds highest doesn't make them any better. With our small population and vast natural resources there is no justification for current levels.
Just been watching the Australia Network on tv, Paul Clitheroe was advertising his investment company "IPAC". He said "moving to Hong Kong or Singapore is one of the best financial decisions you could ever make."
See you all in about 25 years.
Join Date: Apr 2007
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Just been watching the Australia Network on tv, Paul Clitheroe was advertising his investment company "IPAC". He said "moving to Hong Kong or Singapore is one of the best financial decisions you could ever make."
Funny that, he lives in Aus