u/AussieAK

Hi everyone,

I know everyone knows what I am saying, but it’s a reminder to those of us who feel frustrated when they hit a plateau, myself included.

If you have been keeping a caloric deficit and exercising (even by way of regular walks) and your scale is stubbornly stuck, you may not be in a real plateau, but rather in a body recomposition state where you are losing fat and building muscle, with a net result of no or very little weight loss.

This is not such a bad thing, it’s great actually as you are not just avoiding muscle mass loss (a terrible side effect to rapid weight loss sometimes), you are even building your muscle mass which is healthy, yet it can be frustrating to see the scale frozen at the same figure for weeks despite eating less and moving more, but if you keep track of your waist circumference (just use a flexible measuring tape or even some thread and mark the thread with some tape or whatever method), you may be pleasantly surprised when you see that your waist dropped a few centimetres in those few weeks the scale’s needle seemed to be stuck.

Nothing fancy required, measuring tape, log the measurements in a note on your phone (or whatever way), and you will see it.

As a matter of fact, an elevated waist circumference is a greater risk factor to cardiovascular health than an elevated BMI is.

And remember, the plateau will break eventually, keep doing the good work, stay optimistic, and keep on jabbing every week!

Or have they already dropped the new pens for the 10mg? Anyone who recently got a 10mg pen dispensed? What’s the expiry date and does it have the old or newer plunger?

Hi everyone,

Apologies for the long post in advance.

I have always found ***most*** NL quotes to be a massive rort, where most of the savings (or worse, more than what is saved) get swallowed by the NL provider “admin” fees and inflated interest rates.

Since I am self employed (small business owner), when I got my first EV, I consulted my accountant and got it under the business name and the business pays for all vehicle expenses then utilises the FBT exemption (My EV is under the LCT threshold as in effect at the time I purchased it brand new).

This works since the FBT exemption basically means the business does not have to charge me for the personal use, I don’t have to keep a business vs. personal trip logbook, and whatever the business deems as reasonable for my estimated personal use is declared as a reportable exempt fringe benefit (which does not affect my income tax but affects only other matters that rely on adjusted income such as family tax benefit, HELP loan repayment tiers, etc.).

This has all fine and dandy so far, but given the upcoming changes on 1 April 2027, I won’t meet the grandfathering exemption for existing novated leases, since there is no lease, and since my current EV was purchased for more than $75K but less than the LCT threshold (even though it definitely is not worth $75K now but that makes no difference), I will cop the 75% of the 47% FBT, which is going to be a LOT (35.25% of my personal use value, which - the 35.25% not the total use value - I ballpark to be about $4-5K per year).

To complicate matters further we’re also considering getting rid of the other family car (an old petrol guzzler that has seen better days) and getting an EV, which may or may not happen before the 31 March 2027 deadline. I don’t know - again - what to do here.

I heard a few people discuss self managed NLs but never understood how these could work, especially when the business already owns the vehicle.

My questions are basically the following:

1- Are there providers supporting self-managed NLs?

2- If yes, how does it work?

3- If I already own the vehicle under my “employer’s” name (my small business) with a chattel mortgage on it, how does it work? What kinda annual fees (ballpark) should I be looking at?

4- Is it worth the hassle to save $4-5K a year (or whatever is left of it after the fees)?

5- Considering the 2nd EV I am planning to acquire, what do I do (assuming both scenarios of under and over $75K new threshold, since that won’t matter anyway come 1 April 2029):

A- acquire it under a standard 5-year NL with my business
B- acquire it under the business on a chattel mortgage same as my current EV, then do a self managed NL?
C- acquire it under the business on a chattel mortgage then cop the 35.25% come 1 April 2027 (if >= $75K and < LCT threshold) or 1 April 2029 (if < $75K).

Your recommendations are very much appreciated, and once again, apologies for the long post.