/biz/ - Business & Finance

>>12824904
>60k aud = 42,500 usd
yeah that would fucking suck a lot,

>>12824904
Its fucking garbage bro. Such a low salary makes me want to cry, I'm looking at Marketing and Communication jobs and 60k is the best they offer for entry level work.

>>12824927
If you have a degree get a CFA

>>12824904
>>12824912
What is that take-home, after national/provincial(?)/local(?) tax?

im australian and unemployed :(

>>12824949
Yeah but I have 3 feet of snow blocking my driveway...
Enjoy being on a fucking island in the pacific jesus man look at the sky you probably have hot friends and shit..
You realize New Yorkers pay 20 grand to go to a beach once a year to live the way you live year round right?

Go to Millifield, NSW and start a new farming life

https://www.newgokula.com/

Godpilled and sustainable eco-village living.

>tfw making 80k AUD
>Have to work 55 hours a week (including travel)
>25 years old, still another 40 years of work
Fuck Sydney bros. Literally 70 minutes A to B to get to work.

Unironically is life even worth living when you're a no friend social sperg?

Like wtf am I even living for?

>>12824992
Can you shorten your commute? What percentage of income are you saving?

>>12825007
75% saving rate because I live with my mum.
But in North Sydney rent is like 500-600 for 1bdr so if I move out I would be spending 70% on living alone, not including discretionary spending.

>>12825007
Sydney's transport infrastructure is horrible and expensive, he's basically fucked, this entire country is fucked.

>>12825007
I might move out though, this commute is giving me burnout

>>12824992
>Have to work 55 hours a week (including travel)
But how long is an australian hour compared to an american hour?

>>12824992
To support your mum

you see so many cunts driving around in lambos in australia, but theyre all chinese for some reason

>>12825021
I was living in a studio in Enmore/Newtown a few years back for 220-250 a week. Looks like its about 250-270ish now which is about the same adjusted for inflation.

Imagine earning only 40kish after tax and spending 15k on rent SAD!!! Buts that the state of affairs in Sydney.

>>12825098
i feel like the chinese know that their currency is going to fail so they are enjoying it

The top federal tax rate in the US is 37% and doesn’t click in until income soars past $500,000. In Canada, combined with provincial tax, folks making over $220,000 pay up to 54%. Of course some states (California, NY, for example) have high state taxes so ‘wealthy’ people in fact give over half their income in taxes. But some states (like Florida) have no local tax.

Of course, Americans can deduct a portion of their municipal taxes and even mortgage interest from federal tax payable. Mortgage rates are locked in for 30 years, but fully open to be negotiated lower if the cost of money falls over that time.

What about health coverage? Just over 91% of Americans are covered. The vast majority of those have health care plans subsidized in whole or part by employers. For those who pay their own, the average premium is about $800 per month for a family.

Capital gains? Here 50% of the profit you make selling an asset is added to taxable income. So for most people the tax would be between 15% and 20%. For 1%ers, it rises to a max of 27%. In the US gains on stuff you owned for a year or less are taxed as income. If the gain is on something held longer, the rate is 0% for people making about $40,000 or less and 15% for those earning up to $425,000.

So, Americans pay less tax. Wealthy ones hand over considerably less. More people in Canada have health care, but many critics say medical services here are rationed, as evidenced by long wait times and the fact it takes years to be assigned a family doctor in most locations.

But what about incomes?

The median family income in the States is $59,040 – that’s $78,200 in beaver bucks. The median income here is a little over $71,000.

And housing? The average house in Canada sells for $455,000, says CREA. In the US the median price (averages are elusive) is $253,600 – or $336,300 Canadian. The median price in Chicago, for example (population 3 million) is $228,500. The average in Toronto is $748,300 (that’s $564,900 US$).

>>12824941
Like 35k. Australia is ass.

>>12824904
>applied for many grad roles rejected within the first 10 days.
>bombed in a interview for a 40k role
>apply for a role and was just being myself
>waited several months for a response.
>almost ready to start sending 50 resumes a week but get a call.
>Fast forward 1 year
>65k package grad consulting onsite with client by myself soon to be traveling up and around aus at the end of the year.
65k isn't too bad considering the industry average is like 45-55k if you go into a grad program.

>Leave Uni after studying electrical engineering for two years
>quit because it's full of fags and sjw normie millennial cunts trying to take a shortcuts to 100k p/year jobs that end up going to foreigners anyway.
>Within 4 months walk straight into a first year Auto Electrician Apprenticeship earning 70k per year.
>Mfw my all of my 30 colleagues are Aryan and highly redpilled.
>Im getting the same amount if not more than If I had stayed and gambled potentially getting a job after my degree. I'll be over 100K easy once I'm qualified.
>The cream always rises to the top, no matter the industry, university today is a fucking scam.

>>12824904
I was thinking about studying accounting, but starting salaries at 45-50k. You have to go to a top school, get high marks (HD+), apply to a thousand positions, interview for a heap roles only for the chance of getting a job where you work 60-70 hours a week.

>>12824927
> Marketing
This is a useless field. As a rule of thumb the easier a subject is (marketing is a scam and a marketing 'degree' is a joke) the more dropkicks there are competing for jobs.

>>12825615
Your average Aussie is a virtue signalling hedonist dumbfuck. So in a way I love seeing them struggle.

Australia is fucked because of the skilled immigration. Why do people struggle to understand that if you have a developed country you do not benefit from immigration.

Retarded conservatives in America praise our skilled immigration scheme but its fucked us hard. Companies in the IT, healthcare, finance/accounting and engineering field have been importing Indians, Pakis and Chinese to come work here because apparently we have a "shortage of skills". The absolute economic illiteracy of this people is astounding. They like to defend our strong labor laws and go on about how workers have the right to a living wage but fail to understand if there is a shortage of something (in this case workers) then the price goes up (in this case wages).

Now the entry level market for graduate positions is fucked because why hire a local graduate when you can hire some experienced import who will work for less and accept shittier conditions? And once these Indians/Chineses/Pakis get their PR, then they run the same scheme (That is complain to the govt that there is a shortage of workers and so they import their friends and family from overseas).

>>12825846
L@mo at this entire post, they didnt hire you because you're a virgin freak and they can smell it

>>12825846
I'll have an English B.A. soon which is probably just as garbage but maybe a bit less specialized at least. I want to study Geosciences next.

>>12825846
>Imagine someone prefering to hire a thick accent smelly poojeet over you
>imagine thinking this is because of "muh accept lower conditions" even though your applying to the same job

>>12824992
>tfw im on 80k but 36 hr work week and 20 minute walk to office

>>12825846
lol cry harder, I'm from the netherlands and here they just don't pay you much because the people are greedy.

t. marketing anon

>>12824904
I knew an Australian coal miner that made 240K a year before taxes and he complained that taxes were killing him. Get fucked Socialist cucks.

>>12824992
>be me
>make $80k a year
> work 56 hours a week not including travel
>27 years old
Know how you feel, and it’s not like I sit at a fucking desk to make this money, I have to do physical labour

Tfw making $42.5k AUD/year

How are you guys going to make it? im 30yo boomer making 40k and wanna know what plans you guys have.

>>12826075
Australia is pretty based for paying more for actual productive labor instead of cubicle HR rats bowsing plebbit and drinking onions.

>>12826075

he'd get slugged 80k in tax assuming no deductions

>>12824904
Fuck me dead cunts. AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>>12824904
I make 61k + Bonus + Overtime and its not that bad.

I also live in a unit 10 mins from the CBD, eat out most nights, uber to and from work and still have left over money.

How are you this shit at budgeting? If you house share and not retarded you can easily save 1k per month and have left over money for high class escorts.

>>12825029
Same as the dollar

If your not weak as piss, get some traffic, alimak, first aid tickets and get a construction job as a labourer. If you can get on with a builder who only does union commercial jobs youl make bank aspecially if your in Melbourne

>>12826206
but how many hours do you work?

>GO8
>36k aussie bucks after tax
>work unpaid overtime almost every week

JUST

>>12826583
>House share

What a faggot

>>12826714
Full time

>>12826206
Minimum wage here.
>35h/week
>Comfy job
>Live in remote nsw
>Low rent
>Yuropoor in Australia
>feels good