u/wunch_of_bankers

28M & 29F - HHI minimum $425k per year (excluding super) however can reach $500k+ depending on bonus outcome.

We have our PPOR in Sydney valued $1.75M, $1M mortgage and have $290k in Offset cash.

Shares: ~ $350k mainly in international, small tilt towards Aus.

Super: ~150k me / $60k her

Crypto ~ 20k.

I took out a small Investment Loan split against the PPOR and have some redraw available to acquire more shares if needed.

I’m at a crossroads on what to do next.

I’m paying a lot of tax and unfortunately don’t have the benefit of self employed tax advantages. I only have a small portion of deductible debt which is my investment loan split for shares.

I do like Shares, however any money I put into the market, realistically can’t be touched unless I have a low income year (otherwise I’m hit with even more tax).

I’m not opposed to renting out my current PPOR and converting to INV, and then buying another bigger house to convert into my PPOR. However this will carry a lot more leverage and I’m honestly uncertain on the future outlook on Sydney and Aus housing as an asset.

I’m planning for kids by 33-34 years old, and I’ll likely need a bigger PPOR down the track once we do aim for kids.

Super is also not really of interest, due to my DIV 293 - and importantly, I want to retire early and don’t want to lock up my money for 35+ years.

Genuinely, what would you do in my position here, to maximise and accelerate wealth building??

Looking for recommendations for a good accountant ideally with experience in tech start ups - ideally Sydney based but happy with remote. Specifically an Accountant with experience in startup equity structures, equity vesting, structuring etc.

Currently PAYG on the highest marginal tax rate. Have self-lodged my own tax returns (and my partners) up until now which has been straightforward — but my situation is getting more complex and I’ll likely need an accountant to help me with my personal and (yet to be setup) company financials moving forward.

Quick background:

Joining an early stage Sydney tech startup as an equity owner. Will be holding my shares through a newly incorporated holding company (maybe trust?) and will also receive business income through that entity. Want to make sure the structure is set up correctly from day one — PSI implications, deductible expenses, correct setup etc.

May be converting my PPOR to an investment property in the near future.

Looking for someone who can handle my personal PAYG return, my holding company’s annual return, and potentially my partner’s returns as well — ideally all under one roof for a long term relationship.

Cheers

Hi guys,

Looking for recommendations for a good accountant ideally with experience in tech start ups - ideally Sydney based but happy with remote. Specifically an Accountant with experience in startup equity structures, equity vesting and structuring.

Currently PAYG on the highest marginal tax rate. Have self-lodged my own tax returns (and my partners) up until now which has been straightforward — but my situation is getting more complex and I’ll likely need an accountant to help me with my personal and company financials moving forward.

Quick background:

Joining an early stage Sydney tech startup as an equity owner. Will be holding my shares through a newly incorporated holding company (maybe trust?) and will also receive business income through that entity. Want to make sure the structure is set up correctly from day one — PSI implications, deductible expenses, correct setup etc.

May be converting my PPOR to an investment property in the near future.

Looking for someone who can handle my personal PAYG return, my holding company’s annual return, and potentially my partner’s return as well — ideally all under one roof for a long term relationship.

Cheers

Pretty much title. Not sure what to do!

Bit of a long one, appreciate anyone who gets to the end...

28M, $260k base ex. super + $70k bonus last year (good year, not always this high) & 28F, $140k base ex. super + $10k bonus. Getting married soon, kids probably in the next few years.

In 2023 we bought our current PPOR in Sydney north shore for $1.5M — freestanding 3 bedder on 780sqm, great street and area but likely not a forever home.

Mortgage balance ~$1.1M, $280k in offset, last val came back at $1.75

Circa $300k in equities (80% US & global / 20% Aus), $40k in ETH and crypto shitcoins. I have circa $120k in super. Missus maybe only $60k.

Originally the plan was to sell the PPOR and upgrade. Budget night pretty much killed that idea for us, since we’d lose the negative gearing grandfathering on our current place if we sell, and with our income we’re paying a fuckton of tax with 0 tax concessions.

So we’re thinking; use my good bonus year while it counts for debt servicing… I can borrow an additional $2M–$2.5M depending on the lender, buy a newer PPOR in a more desirable area, and convert the current place to an IP (fully rented out, full debt deductibility on the $1.1M).

With the equity in my current place I can probably fund the new purchase without touching the share portfolio, which I’d rather hold.

In summary…
$2–2.5M new home loan )not deductible)
$1.1M INV loan (fully deductible)
$300k equities untouched, hopefully leave offset untouched if possible.
Two incomes, but family planning in the next couple years.

Is ~$3.1–3.6M total debt too much concentration in Sydney property? I’d have two houses relatively close by geographically, and also unsure whether budget night will cause the demand / price of existing dwellings to also reduce.

Not sure Whether I’m just rationalising a big move because the borrowing capacity is there right now..

Would genuinely appreciate a sense check. Happy to be told it’s too much

Tonight's Budget announced that negative gearing will be limited to new builds from 1 July 2027, but with grandfathering for all properties "HELD before Budget night" (12 May 2026).

My situation: I bought my house ~5years ago. I rented it out for the first 4 years (and negatively geared it during that time). For the last 1 year I've been living in it as my primary residence — so I'm not currently negatively gearing it.

My question is: if I move out and rent it again after 1 July 2027, will I still have access to full negative gearing under the grandfathering rules?

How do these changes affect existing PPOR owners who have held their properties BEFORE 12 May 2026, however are yet to rent out their properties? I am assuming there would be thousands of people who purchased their houses with the view of renting it out in the future due to life changes etc.

Tonight's Budget announced that negative gearing will be limited to new builds from 1 July 2027, but with grandfathering for all properties "HELD before Budget night" (12 May 2026).

My situation: I bought my house ~5years ago. I rented it out for the first 4 years (and negatively geared it during that time). For the last 1 year, I've been living in it as my primary residence — so I'm not currently negatively gearing it.

My question is: if I move out and rent it again after 1 July 2027, will I still have access to full negative gearing under the grandfathering rules?

How do these changes affect existing PPOR owners who have held their properties BEFORE 12 May 2026, however are yet to rent out their properties? I am assuming there would be thousands of people who purchased their houses with the view of renting it out in the future due to life changes etc.