How are you spending your stimulus?

[Trevor_S]

I was doubting if I was going to get anything after I read that story.

Thanks for the link

Though I doubted we would, the ATO link confirmed it, apparently both I (and my partner) pay too much tax to qualify... those that do get, it enjoy my largess

 

[GumbyLearner]

I'm not entitled to any stimulus.

But if I was I'd probably go down to local Hertz or Avis and rent a brand new Holden or Ford 6-8 cyl take it close to a storm water catchment where the silt had built up on the bitumen and do some circle work for fun. :

I'm sure there are many other meaningless and ridiculous ways I could use the cash. That was just the first that came to mind.

 

[2BAD4U]

I don't agree with the hand outs so I'm not keeping mine, going straight to charity.

 

[Wysiwyg]

after reading information on both centrelink and ato sites my understanding is that as long as you have a taxable income of over around about 12 grand then you will receive the $$$

Not true!

To confirm eligibility the ATO have a Tax Bonus Calculator and it is dependant on your .... tax on taxable income + medicare levy/surcharge - tax offsets and other credits.

 

[Julia]

I don't agree with the hand outs so I'm not keeping mine, going straight to charity.

Great stuff, 2BAD4U. The charities are much in need at present.
We could do with more like you.

 

[Garpal Gumnut]

I don't agree with the hand outs so I'm not keeping mine, going straight to charity.

Good on you mate
gg

 

[GumbyLearner]

Cramer vs. Jon Stewart to smash it out tonight

CNBC's Cramer to spar with Comedy Central's Jon Stewart

http://www.usatoday.com/money/media/2009-03-11-cnbc-cramer-stewart_N.htm

Jim Cramer on Stock Market Manipulation

 

[chatty]

straight to home loan:

 

[knocker]

P!ssing it up over seas, not that I need it but I got it. Well done KRuddy. thx mate lol

 

[Julia]

P!ssing it up over seas, not that I need it but I got it. Well done KRuddy. thx mate lol

Umm, maybe thank your fellow tax payers, not Mr Rudd.

 

[knocker]

Umm, maybe thank your fellow tax payers, not Mr Rudd.

Yes indeed, for voting in an in adept leader. Thank-you

 

[nulla nulla]

Groceries, clothing, alcohol and a donation to Woolworths/Caltex for an over priced tank of fuel.

 

[Green08]

Put it in the bank. Wait for the real sales to begin 6 months. Solar Panels for my business. Change the Solar panel rebate for business after 30 June 2009. Claim it against tax next year.

 

[Macquack]

I don't get the bloody thing because I made too much in the market last year. These stimulus packages are wasted on lower earners, they should be given to those earning more than $100000 a year.
gg

GG, $900 wouldn't even pay for a "grease and oil change" (common speak for "Full Service") on your Bentley Arnage Turbo.

 

[billv]

We've received $2800
$950 each for 2 kids under 18 and $900 because we are a single income family.

I thought we wouldn't get anything because I earn too much but Kevin007 thinks differently.
He must know something I don't.....

Anyway, as per his instructions we are going spending tomorrow
and I hope he knows what he is doing because the way he is going the country could go bankrupt.......

 

[Julia]

69,000 of these payments went overseas.

 

[Bill M]

69,000 of these payments went overseas.

I know a lot of Aussies who worked their guts out in this country paying taxes all there lives. Now they choose to live overseas and still pay taxes here. I think they have just as much rights as any other tax payer to get their benefits. I fully support equal rights for all Australian Tax Payers no mater where they live.

 

[billv]

I fully support equal rights for all Australian Tax Payers no mater where they live.

I do as well but I question the logic behind both payments which we've both received (thanks Kevin) and the eligibility criteria.

I am also scared to think how we will pay back this money because what they are giving away is largely money we don't have, or money we had allocated for other important things.

In the meantime the country needs massive infrastructure spending
but instead of spending money where it's needed we are told to waste it on plasma screens and other consumer goods the majority of them imported....

This spending will probably make his quarterly figures look better
so we would have avoided the recession by fudging the figures
but it won't stop us from being unemployed because with no spending on projects within this country we are only delaying the inevitable.

My

 

[Wysiwyg]

I know IG Markets (pommy CFD brokerage) are waiting with baited breath.(sorry fellas )

Remember which side you are on ...

The best side to be on - as is the case with warrants, blackjack, roulette, baccarat and pokies - is providing the product, not punting it.

 

[Bill M]

I do as well but I question the logic behind both payments which we've both received (thanks Kevin) and the eligibility criteria.

I am also scared to think how we will pay back this money because what they are giving away is largely money we don't have, or money we had allocated for other important things.

In the meantime the country needs massive infrastructure spending
but instead of spending money where it's needed we are told to waste it on plasma screens and other consumer goods the majority of them imported....

This spending will probably make his quarterly figures look better
so we would have avoided the recession by fudging the figures
but it won't stop us from being unemployed because with no spending on projects within this country we are only delaying the inevitable.

My

Hi billv, I agree. I was sitting about in the RSL club the other night and there were 5 people at my table from all walks of live. Not one of them including me thought the $900 per person was a good idea. Spending it on needed infrastructure is a far better solution I think. I travel the Sydney to Gold Coast route via HWY 1 quite regularly, it just astounds me that the majority of the way is still two way, 1 lane each way roads. We are in a so called 1st. world country with really crappy roads. I said to my group of friends that we should hire a gang of 1,000 men, get the plant into place, put the dongas up and keep building the HWY until it's 4 lanes all the way to Brissie. This can be applied to anywhere in OZ where it's needed, this is the kind of projects KRudd should be looking at.