Tipid Tips in Australia

stolich18 · December 2013

@peach 17 ok ang salary packaging (depende pa rin sa needs mo) kase in essence bababa ang income na taxable, dahil iddeduct na beforehand ang para sa salary packaging. Kung type mong dagdagdan ang maiipon mo for retirement/super, pde mong kunin un as salary package. Ung car novated lease, yup hindi sayo yun sa pagkakaalam ko pero lahat ng car-related costs, sa company/salary package mo. Again, bababa ulit ang taxable income mo. Nagbasa lang din ako tungkol jan from here hehe:

http://www.novatedleasecalculator.com/?gclid=CPzWmu22qbsCFQlZpQodfXMAiQ
A Novated Lease is really super simple. Your employer pays for vehicle payments and running costs from your pre-tax salary. That reduces the tax payable and effectively gives you a pay rise - Even WITH the new car! Interesting, huh? Find out how a Novated Lease can save you money every payday.

1. A Novated Lease is the MOST cost effective way to purchase a new car
2. You don't have to buy a brand new car, used cars can be novated too!
3. You do not pay GST on the purchase price of your new car
4. All you running costs including fuel and maintenance can be included
5. You Do Not have to use the car for business use, 100% personal use is ok!

eto pa:

http://en.wikipedia.org/wiki/Novated_lease

nfronda · December 2013

@peach 17 ok ang salary packaging (depende pa rin sa needs mo) kase in essence bababa ang income na taxable, dahil iddeduct na beforehand ang para sa salary packaging. Kung type mong dagdagdan ang maiipon mo for retirement/super, pde mong kunin un as salary package. Ung car novated lease, yup hindi sayo yun sa pagkakaalam ko pero lahat ng car-related costs, sa company/salary package mo. Again, bababa ulit ang taxable income mo. Nagbasa lang din ako tungkol jan from here hehe:

http://www.novatedleasecalculator.com/?gclid=CPzWmu22qbsCFQlZpQodfXMAiQ
A Novated Lease is really super simple. Your employer pays for vehicle payments and running costs from your pre-tax salary. That reduces the tax payable and effectively gives you a pay rise - Even WITH the new car! Interesting, huh? Find out how a Novated Lease can save you money every payday.

1. A Novated Lease is the MOST cost effective way to purchase a new car
2. You don't have to buy a brand new car, used cars can be novated too!
3. You do not pay GST on the purchase price of your new car
4. All you running costs including fuel and maintenance can be included
5. You Do Not have to use the car for business use, 100% personal use is ok!

eto pa:

http://en.wikipedia.org/wiki/Novated_lease

@stolich18 & @peach17, based on the link you have provided is stated that car novated lease is just like car financing but employer is involve as it is a pre-tax. Which means after 5 or more years of paying depend how long you will finance it will be yours.

JCsantos · December 2013

@peach 17 ok ang salary packaging (depende pa rin sa needs mo) kase in essence bababa ang income na taxable, dahil iddeduct na beforehand ang para sa salary packaging. Kung type mong dagdagdan ang maiipon mo for retirement/super, pde mong kunin un as salary package. Ung car novated lease, yup hindi sayo yun sa pagkakaalam ko pero lahat ng car-related costs, sa company/salary package mo. Again, bababa ulit ang taxable income mo. Nagbasa lang din ako tungkol jan from here hehe:

http://www.novatedleasecalculator.com/?gclid=CPzWmu22qbsCFQlZpQodfXMAiQ
A Novated Lease is really super simple. Your employer pays for vehicle payments and running costs from your pre-tax salary. That reduces the tax payable and effectively gives you a pay rise - Even WITH the new car! Interesting, huh? Find out how a Novated Lease can save you money every payday.

1. A Novated Lease is the MOST cost effective way to purchase a new car
2. You don't have to buy a brand new car, used cars can be novated too!
3. You do not pay GST on the purchase price of your new car
4. All you running costs including fuel and maintenance can be included
5. You Do Not have to use the car for business use, 100% personal use is ok!

eto pa:

http://en.wikipedia.org/wiki/Novated_lease

Novated lease is good if you always use your car or your average travel is 20K a year if not then it is better to save and buy it outright

peach17 · December 2013

Hi sis @nfronda, thanks po for the explanation.. pero medyo nalilito pa po ako...

Ung sa example nyo po sa taas yung sa Salary With Salary Packaging,

Ang take home na lang ay $360, so ng lilit na po ng sswelduhin ko weekly?

Paano ko po makukuha yung amount na naka Salary Package?

Ang inooffer lang po ng company namin ay Salary Packaging for Supperannuation of Novated Car Lease.

Help po.... please?

peach17 · December 2013

hi @stolich18, d ko pa rin magets sorry ang slow ko ba hehehe

paano ako makakatipid sa tax by getting a Car Novated Lease sis?
pag kukuha ako nun, mababawasan ang sweldo ko monthly di ba?

Then pag sa Superaanuation naman ako nag Salary Packaging, bababa din ang sweldo na matatake home ko monthly. Pero tataas ang savings ko sa Super pero sa Retirement age ko pa sya makukuha.

Tama ba? Naguguluhan ako hehehe

D ko alam pano ko iutilize ang offer na Salary Packaging ko hehe

JCsantos · December 2013

Then pag sa Superaanuation naman ako nag Salary Packaging, bababa din ang sweldo na matatake home ko monthly. Pero tataas ang savings ko sa Super pero sa Retirement age ko pa sya makukuha.

Tama ba?

Tama po ang intindi nyo ...

Kung kailangan nyo po ng Cash I would not recommend salary sacrificing your super ...

Tanong nyo po ang HR kung ano ang option nyo sometimes pag bumili ka ng computer or sometimes kahit grocery or pag kain nyo sa labas ( charitable inst or not for profit company applicable ito ) minsan kahit mortgage nyo pwede i salary sacrifice

nfronda · December 2013

Hi sis @nfronda, thanks po for the explanation.. pero medyo nalilito pa po ako...

Ung sa example nyo po sa taas yung sa Salary With Salary Packaging,

Ang take home na lang ay $360, so ng lilit na po ng sswelduhin ko weekly?

Paano ko po makukuha yung amount na naka Salary Package?

Ang inooffer lang po ng company namin ay Salary Packaging for Supperannuation of Novated Car Lease.

Help po.... please?

@peach17, yes magiging maliit ang take home pay mo kng titingnan. But ung amount na nisalary package mo ay magagamit mo yan pambayad sa car pag ng novated lease ka or sa iba pwedeng e meal allowance or grocery or pmabayad sa rent. Kaso sabi mo sa company nyo Car lease and supperannuation lg so dun mo lg xa magagamit.

Here is an example again just in case nag car lease ka at hindi ka nag salary package. Let's say $150 per week ang babayaran mo for the car.

Weekly pay: $1000
tax : $100
take home pay $900
less car payment: $150
left: $750

Pag nag salary sacrifice ka:
Weekly pay: $1000
car payment(salary sacrifice): $150
less tax: $85
money left: $765

There's a difference of $15 per week for 1 month $60 difference.. So sayang din yan.

Hope clear na sau to..

nfronda · December 2013

@peach17.. I have a clearer understanding na in regards with car novated lease, tinanong ko talaga ang kasamahan ko dito sa work.. Hehehehe..

Sa novated lease pla lets the agreed cost of the car is $30,000 then you lease it by 5 years. After 5 years you decided to own the car, babayaran mo lg ung available balance. Magiging sau na ang car, for example after 5 years ang total amount na nabayad mo is $20, 000 babayaran mo ang natirang $10,000 magiging sau na.

Let's say e lease mo lg xa ng 12months then after that kuha kna mn bago. Pwde pa rin.

P.S. Sana tama ang pgkakaintindi ko sa sinabi nya.. =P~

stolich18 · December 2013

@peach17 for now if di mo need ang car and mas needed ang cash, i would suggest wag mo na lang muna iavail. Unless there are other things that can be salary sacrificed (for example, house rent or food hehe)

staycool · December 2013

wow sis @peach17...upgraded na problema mo ah...ghehehe...

ang hirap palang intindihin mga yan kung di mo pa nararanasan nho?...kahit ako di ko maintindihan...hahah

nfronda · December 2013

@peach17 for now if di mo need ang car and mas needed ang cash, i would suggest wag mo na lang muna iavail. Unless there are other things that can be salary sacrificed (for example, house rent or food hehe)

Agree with this.. Ang magandang e salary sacrifice ay house rent, groceries and meal allowance. Magagamit mo kasi talaga ehh..

peach17 · December 2013

Then pag sa Superaanuation naman ako nag Salary Packaging, bababa din ang sweldo na matatake home ko monthly. Pero tataas ang savings ko sa Super pero sa Retirement age ko pa sya makukuha.

Tama ba?
Tama po ang intindi nyo ...

Kung kailangan nyo po ng Cash I would not recommend salary sacrificing your super ...

Tanong nyo po ang HR kung ano ang option nyo sometimes pag bumili ka ng computer or sometimes kahit grocery or pag kain nyo sa labas ( charitable inst or not for profit company applicable ito ) minsan kahit mortgage nyo pwede i salary sacrifice

Thanks @JCsantos

hehehe
nakakalito lang kasi buti tumatama na ang intindi ko hehe

Yes po, need namin Cash muna ngayon.

Since dalawa lang ang option namin na pwede i Salary Packaging (Super or Car NOvated Lease), so better wag ko na po muna ito i-avail right?

peach17 · December 2013

Hi sis @nfronda, thanks po for the explanation.. pero medyo nalilito pa po ako...

Ung sa example nyo po sa taas yung sa Salary With Salary Packaging,

Ang take home na lang ay $360, so ng lilit na po ng sswelduhin ko weekly?

Paano ko po makukuha yung amount na naka Salary Package?

Ang inooffer lang po ng company namin ay Salary Packaging for Supperannuation of Novated Car Lease.

Help po.... please?
@peach17, yes magiging maliit ang take home pay mo kng titingnan. But ung amount na nisalary package mo ay magagamit mo yan pambayad sa car pag ng novated lease ka or sa iba pwedeng e meal allowance or grocery or pmabayad sa rent. Kaso sabi mo sa company nyo Car lease and supperannuation lg so dun mo lg xa magagamit.

Here is an example again just in case nag car lease ka at hindi ka nag salary package. Let's say $150 per week ang babayaran mo for the car.

Weekly pay: $1000
tax : $100
take home pay $900
less car payment: $150
left: $750

Pag nag salary sacrifice ka:
Weekly pay: $1000
car payment(salary sacrifice): $150
less tax: $85
money left: $765

There's a difference of $15 per week for 1 month $60 difference.. So sayang din yan.

Hope clear na sau to..

Thank you sis @nfronda

Yes po, Car Novated Lease and Superannuation lang ang pwede daw i Salary Packaging sa amin

Nakakalungkot nman.

peach17 · December 2013

@peach17.. I have a clearer understanding na in regards with car novated lease, tinanong ko talaga ang kasamahan ko dito sa work.. Hehehehe..

Sa novated lease pla lets the agreed cost of the car is $30,000 then you lease it by 5 years. After 5 years you decided to own the car, babayaran mo lg ung available balance. Magiging sau na ang car, for example after 5 years ang total amount na nabayad mo is $20, 000 babayaran mo ang natirang $10,000 magiging sau na.

Let's say e lease mo lg xa ng 12months then after that kuha kna mn bago. Pwde pa rin.

P.S. Sana tama ang pgkakaintindi ko sa sinabi nya.. =P~

natouch naman ako sis @nfronda

tinanong mo pa talaga sa officemate mo...

Thank you ah

at least naliliwanagan ako hehehehe

Thank you Thank you

peach17 · December 2013

@peach17 for now if di mo need ang car and mas needed ang cash, i would suggest wag mo na lang muna iavail. Unless there are other things that can be salary sacrificed (for example, house rent or food hehe)

thanks sis @stolich18

oo nga eh sayang nman Car and Super lang ang pwede namin isalary sacrificed.
Yung sa company mo sis, allowed ang house rent and food?

peach17 · December 2013

wow sis @peach17...upgraded na problema mo ah...ghehehe...

ang hirap palang intindihin mga yan kung di mo pa nararanasan nho?...kahit ako di ko maintindihan...hahah

hehehe sis @staycool.... oo sabi ko nga sayo nag aadjust pa ako hahaha
ang hirap intindihin kailangan may mag explain talaga hehehe

miss you sis... ang lapit na ng lipad mo

dito ka na lang sa akin sis.... i need you hehe

peach17 · December 2013

@peach17 for now if di mo need ang car and mas needed ang cash, i would suggest wag mo na lang muna iavail. Unless there are other things that can be salary sacrificed (for example, house rent or food hehe)
Agree with this.. Ang magandang e salary sacrifice ay house rent, groceries and meal allowance. Magagamit mo kasi talaga ehh..

yun nga @nfronda

hindi pala maganda sa company namin. Car and Super lang ang pwede

JCsantos · December 2013

Since dalawa lang ang option namin na pwede i Salary Packaging (Super or Car NOvated Lease), so better wag ko na po muna ito i-avail right?

Yup ... better not avail it

stolich18 · December 2013

@peach17 ok lang yan at least may mga ganyang benefits pa rin.

Wala akong salary packaging. contractor kase ako heheheh

nfronda · December 2013

@peach17 for now if di mo need ang car and mas needed ang cash, i would suggest wag mo na lang muna iavail. Unless there are other things that can be salary sacrificed (for example, house rent or food hehe)
Agree with this.. Ang magandang e salary sacrifice ay house rent, groceries and meal allowance. Magagamit mo kasi talaga ehh..

yun nga @nfronda hindi pala maganda sa company namin. Car and Super lang ang pwede

Ganyan talaga pag commercial business ang napasukan mo. Car and Super lg ang pwdeng ma salary sacrifice. Pero pag sa government ka ang dami ng pwede mong ma salary sacrifice..

peach17 · December 2013

hehehe baka pwede mag feedback sa HR, dagdagan naman nila ang pwede isama sa Salary Packaging hehe

peach17 · December 2013

Switch your water heater to night rate if possible. Shop at Aldi's. Try to get a place near your workplace so you can save on petrol. Mag research muna at magbasa bago pumirma sa kung ano mang kontrata tulad ng phone, internet etc. Iwasan ang kung ano mang mga utang tulad ng credit card etc.
@genki - I would like to comment lang on your statement above re: Iwasan ang kung ano mang mga utang tulad ng credit card etc.

Di naman po cguro masama ang credit card IF you know how to control... I have mentioned this in the other thread that I have always been an advocate of charge everything to your credit card, the key here is to know your limits and pay on time.

Having practiced this for the past 4 years here in Singapore, I was able to save up on points and converted this into airlines. So ayun nakalibre ako at si wifey ng trips to Hong Kong and pauwi sa Pinas.

Apart from paying on time, I just have one active credit card during my stay here in Singapore. So ayun, I make it work for me...

By the way, this is a very nice thread, kudos to the TS @PLAC

ako din gusto ko to.. hehe
tama control lang and wag malalalte ng payment para walang charge

@TasBurrfoot, anong credit card nyo dito sa AU ngayon yung nag eearn ng miles?

Ung sa Pinas kasi meron ako Citibank and HSBC.. kaso hindi pwede icontinue dito..
Pinaconvert ko na lang yung mga points na naearn ko dun to miles...

Gusto ko yung Credit card na iapply ko dito yung pwede iconvert to Miles din...
Ano po marerecommend nyo?

peach17 · December 2013

@peach17 for now if di mo need ang car and mas needed ang cash, i would suggest wag mo na lang muna iavail. Unless there are other things that can be salary sacrificed (for example, house rent or food hehe)
Agree with this.. Ang magandang e salary sacrifice ay house rent, groceries and meal allowance. Magagamit mo kasi talaga ehh..

yun nga @nfronda hindi pala maganda sa company namin. Car and Super lang ang pwede
Ganyan talaga pag commercial business ang napasukan mo. Car and Super lg ang pwdeng ma salary sacrifice. Pero pag sa government ka ang dami ng pwede mong ma salary sacrifice..

sa government kayo nag wwork @nfronda?
galing naman

peach17 · December 2013

Yeah ingat lang sa redback saka kingbrown snake. Hehe. Madami nun latter sa place ng Tita ko bandang QLD. As long as hindi lang sila ma-threaten you'll be safe. Madami na nga napapatay na dogs niya eh, kukulit kasi nun dogs hinahabol saka kino-corner.

Mga kabayan ingat lang ha, baka meron sa atin na-miss kabataan makakita ng redback isipin parang gagambang tala lang sa Pinas. Hahaha. Yun may white spot sa likod. May naglaro ba dito ng ganun nun bata pa?

buti nabasa ko to... nakakatakot naman.... scary!!!

staycool · December 2013

@nfronda paano po ba makapasok sa government agencies jan?..parehas po ba mga ahensya ng gobyerno jan dito sa Pinas?...yung may security of tenure and malalaki ang benefits?...hehe...at may civil service exam din ba bago makapasok??

nfronda · December 2013

@staycool..I'm not working in a government agency, I'm working in a private company dealing with australian customs providing aviation services. Yes, pinagkuha nla ako ng ASIC ID, which means Aviation Security Identification Card coz I'm working in the airport.

staycool · December 2013

@nfronda pwede din ba ako sa PORT jan sa australia?...kse dito ako sa Port sa Pinas eh...government...sana pwede magtransfer nho...hehe....anong exam ang ala-civil service??

staycool · December 2013

hehehe sis @staycool.... oo sabi ko nga sayo nag aadjust pa ako hahaha
ang hirap intindihin kailangan may mag explain talaga hehehe

miss you sis... ang lapit na ng lipad mo
dito ka na lang sa akin sis.... i need you hehe
hehe...ampunin mo muna ako sis?...ako muna taga-luto,taga-laba, taga-... mo...heheh

nfronda · December 2013

@nfronda pwede din ba ako sa PORT jan sa australia?...kse dito ako sa Port sa Pinas eh...government...sana pwede magtransfer nho...hehe....anong exam ang ala-civil service??

Try mo pagdating mo dito..there's no harm in trying naman ehh..ung sakin wla nang exam, direct hire kaagad wla na ngang interview ehh..ngkataon kasing kailangan na kailangan nla.. so I don't know if sa government merun pang civil service exam na dapt kunin..

Medyo ot na tayo dito ahh..:)

mazza · December 2013

1. In my experience, supermarkets restock on Fridays, so every Thursday is kind of like a clearance sale.

YMMV. I heard some stores clear on Mondays.

2. Don't assume that things are cheaper at the market and in neigbourhood shops. Research if you have time.

3. Lentil As Anything restaurants in VIC are by donation only. You pay what you feel like paying. I'm a huge supporter because it's organic vegan and mainly hires refugees.

4. OP SHOPS!!! "Op" stands for "opportunity". It's mainly secondhand stuff, but the quality is usually very good. Chalk it up to fickle or fast-growing locals + heaps of international students coming and going + wasteful fashion industry (or retail industry in general). Plus, you get an extra discount if you donate your own old/unwanted stuff.