Australia's largest stock trading and investment forum Australia's #1 stock forum

Royal Commision and Home Expenditure Measure (HEM) benchmark, page-83

First 83 Last

Share
Profile

Follow
UniversalTrader

18,777 Posts.

56

26/07/18

14:36

Post #: 34576730
Share

Originally posted by wotsup ↑

But they are still part of the necessary reality of weekly expenses.

Example in my case and just on the wife's car, Mazda Cx7 luxury and without some serious repairs (6-10,000) cost 55,000, 10 years and is only now worth around 10,000 = 4,500.00 per year = $86 odd per week = one car without mine.

Expand

yes but the point is you don't want to count it twice once as part of something like the HEM along with the loan liability when seeking other finance. I agree it is an expense.
Upvote

Reply

Top Stories

PXX

Polarx discovers thick sulphide mineralisation at Alaskan Cu project

IBG

Ironbark eyes lithium and niobium opportunities with 7 new Brazilian projects

ASX200 dives as inflation clocks in at 4% – higher than 3.8% consensus

PGD

Peregrine extends high-grade gold shoot, sniffs anomalism at WA's Tin Can

SS1

Sun Silver gets that drill to thrill feeling from high grade hits at Maverick Spring

There are more pages in this discussion • 1 more message in this thread...

First 83 Last