u/Aus_cbr76

Hope anyone throw some light on this. I've a PPOR with 650K mortgage with 5.84% and 26 years remaining. I'm 50 now. Ive used the limit of concessional super contribution. I've approx 600 in super now. Currently i put extra 1800 towards P&I mortgage to try to.pay off in 10 years(will be increasing 100 every year). I have 35K on emergency funds.

I was thinking whether it's beneficial to put that extra to super high growth as non concessional and pay off the remaining in 15 years when I can withdraw super lumpsum. No tax on cgt as well. Assuming 12% growth.

Peace of mind inputting extra to mortgage as offset OR on Super. I did a rough calculation and I think I will get extra 500K after repaying mortgage at 65.

Just to gauge my electricity usage. My current usage especially winter months is 25kwh per day, and avg cost is 6.7$ including supply charge. I've been very strict in usage - probably half to an hour heating during winter months morning and evening. Solar is there but winter months it's relatively no output.

Is 25kwh average daily use normal for 2A2C family. Or is there anything extra i need to care about. I'm having a good rate - 88 cents daily usage, 23 cents flat rate and 5c solar exports...

Trying to adjust the living expenses, hence why.

I have 230k in stocks (invested since 2020) and 590k in super. Im 50 now. Planning to retire at 60. I invest 2400 on super (emp contribution plus extra) and 2000 on stocks per month.

With the new cgt rules is it wise to sell stocks and invest 230k in super - and add the monthly stock contribution to super...Aim is tax reduction mainly.

Note my plan was to sell stocks 4% monthly at 60 for my expenses, so tax was not a major concern if fifo was taken into account.

Just clarifying whether my understanding of debt recycling is correct or not. Apologies if it's Nonsense.

I have a mortgage of 650K. Offset account is there, but only 10K in offset. House valued around 1.2 mil.

If I put the 10K into loan and redraw it immediately and buy shares from that money - and then dvidends go to.homeloan,claim the interest on that 10K. Do this again when offset has enough $ . Do I need to keep an investment loan when redraw the money or buying shares is from offset. How do u kNow the interest charged for 10K...

Another q is how can I do this with borrowing to invest using equity - same method? I kNow I have to pay interest and debt increase as well.

Anyone using starlink in Canberra, especially gungahlin area. I'm with nbn tangerine ultra speedy 1000/100. In a household of 4 the speed is still an issue especially far end of home. Asking anyone switched to star link and how's speeds and whether reliable. Is mounting part of deal , if not how much it cost.

I have been with actewagl for more than a decade. The average pricing is 1.11 per day for supply, 35cents peak and 25 to 27 cents shoulder and off-peak. With a 10kw better, I'm still getting approx 600 bill for 3 months. Wondering whether origin is good from a costing perspective