I have a rental property where I charge well under market because I know the tenant personally. The agreement is that they will do all maintenance, all repairs and handle all property issues themselves. It means that when the hot water system exploded (literally!) they footed the bill. When the roof started to leak, they footed the bill.
Overall I am probably worse off against what I could have achieved but I have to give it no time and no effort. I am banking on capital gains AND it gives someone I care about somewhere to live that they couldn't have ever hoped to have afforded themselves.
Not necessarily. The property market is just one form of investment and for many people it is a good investment. Not because it has particularly good or safe returns, though it often does, but because it FORCES people to invest. If you are putting money into property you should have something left when your working career ends.
That said if you are sensible about your investments and actually invest for the future it doesn't have to be property. If you are moving lots, and in particular moving between countries, property would SUCK as an investment. It can make it simply too hard to dispose of if you are on the other side of the world. This results in it being highly illiquid which could cost you in the future. A much better option would be a more easily moveable, liquid asset such as shares.
What are you smoking? Change the word rent for cost if it helps. You want access to my capital asset, that costs you $3000. I will allow you access for 1 month for that price. This capital asset may be an apartment, a car, a piece of earth moving equipment, or cash. Rents are NOT by definition unearned income. They are a cost you charge to a third party for the use of your capital asset.
Nope. I am an agent. The rates I was quoting were the rates that I pay to those engineering skills. Of course there is my markup on top of that to the company, however before you claim that that markup belongs to the contractor consider that I am paid for my finding services and you would be unlikely to see that going directly.
As for no benefits being through an agency, ignoring the fact that I found you the job, you are covered by my professional indemnity insurance and my public liability insurance at no cost to you. Also I pay you fortnightly on submission of authorised timesheets and then go through the hassle of collecting from the company so that you don't have to worry about being paid on time.
It definitely is. I have friends who have lived in both places and work / life balance is better in Aus.
It isn't better in all regards as cost of living is generally higher in Aus and access to some goods and services are more difficult (ala Netflix). You would also have to adjust to a much more socialist society as even the US Democrats sit to the right of our right party.
Personally having lived in a number of places around the world and having visited the US a number of times I picked Aus to live in permanently. This was especially true when we decided to have kids.
Then you just end up with politics of personal popularity with no defining differences in policy between candidates. You will have to wait for the election results to see what happens.
Umm or it could be "I really don't want to climb a ladder to look at your storm damaged roof. I'm going to fly this drone with a gopro attached to have a look"
Seriously what the fuck is wrong with your insurer?
I've have water damage after a storm over whelmed my gutters repaired, roof damage from a falling tree repaired, smashed windows from hail repaired and water damage after the power shower pump in our roof exploded repaired. Oh and all were separate instances.
Huh? I am talking about a piece of legislation that will define you as an employee irrespective of whether you are working via an incorporated company or not.
As for tax there is a huge difference. Firstly you are able to expense anything that you could conceivably put through as a company expense. All those coffee meetings, that new Oculus rift, your 4k monitors.
Then on top of that you will structure yourself to minimise your personal taxable income to where the band goes higher than corporate. You may do this by having a family trust own your company with your wife and kids as beneficiaries.
If you are paying the same amount of tax as an incorporated contractor as a payg employee you are simply doing it wrong.
You seriously need to look at what skills are in demand. There are MANY MANY MANY skills that pay over $100 per hour. Day rates of $1500 are far from unheard of. My direct experience sits outside IT but a Senior Highway Engineer c$130 per hour, a flood modeller c$90/hr, a Surveillance Superintendent $120/hr, an onshore rig supervisor $1500 / day
Without being american or knowing that piece of legislation I think I can take an educated guess. This will probably be legislation that says even if you are incorporated if you a trading your time for money with the same company you will still be treated as an employee for the purposes of tax an other legislation.
The equivilent in the UK would be the IR35 rules.
You get around this by having more than one client / changing employers on a regular basis or selling items to do with the business.
These pieces of legislation exist for two main reasons. The first is to protect the tax base. The second is to prevent companies from forcing their employees to incorporate to avoid employment law provisions.
The thing is this data is already collected, from every cctv camera that the state is already operating. It seems strange to single this one device out that is doing what do many other systems are doing already.
For a start the fact that the owner of the vehicle may not be the driver. That there may be more than one person in the vehicle. That you are not passing through any kind of gate which implies a prevention of access.
Forgive me for being dense. But you are in a public area with a publicly mandated identifier on your publicly registered vehicle. HOW can you have any expectation of privacy? I could understand them banning a car driving around reading the number plates of cars on driveways or other private property but if you a driving on the road I don't understand.
From what I gather as well it is not the recording of the information so much as the method that has been cited as the issue. So if they were to have someone sitting on the road writing your number plate down as your drove by that would be ok but an automated camera is not?
Your definition of a spent conviction is not quite right. In particular if you have served more than 30 months in prison a conviction is never spent. There are also a number of exceptions to when spent convictions must still be disclosed, in particular around background checks for working with kids, security clearances & criminal proceedings.
It also doesn't prevent someone from pointing at you and calling you a criminal. What it allows is for you to choose to not disclose the information that you have had a criminal conviction if asked. Only NT & Tas have legislation which states that spent convictions cannot be considered if the employer happened to be aware of them already, you just don't HAVE to tell them if asked. So in the other states you would need to challenge the discrimination at the fair work tribunal and your mileage may vary.
Source: I work in employment.
Here is the definition:
Under the Scheme an individual’s conviction is spent where:
the individual has been granted a pardon for a reason other than that the individual was wrongly convicted of the offence, or the individual was not sentenced to imprisonment for the offence (or not imprisoned for more than 30 months) and the waiting period for the offence has ended. The waiting period is ten years beginning on the day on which the individual was convicted of the offence, or five years in the case of a juvenile offender (generally being a person under the age of 18 except in Queensland where it is under the age of 17).
The waiting period is intended to demonstrate that an individual has been of ‘good behaviour’ since being convicted.
An individual who is convicted of a further offence committed during the waiting period will generally lose the right to have the earlier conviction treated as spent until the waiting period for the later conviction is ended.
The primary difference between the USA and other developed countries is the length of the prison sentences. As for forced mental hospital stays I don't think that comes even close to covering the difference. I am struggling to find any authoritative numbers for forced mental health stays in Australia but if we assume that all the available beds in our health mental health system are used for forced stays then that is 4625 beds as a maximum. https://mhsa.aihw.gov.au/resou...
Our criminal incarceration rate is about 185 per 100,000 population [1] and the current prison population is 33791. Assuming we added all of those 4625 beds as new prisoners this would bring the total to 38416. Assuming all other things are equal, ie duration, at that number we would be looking at 210 per 100,000 which is still dramatically lower than the 750+ per 100,000 in the USA.
In essence forced mental stays play basically no part in hiding the incarceration rate in Australia.
Ram has always been the number one cause of failure for me. To the point that dead / dying ram is my first check. I have a box of dead ram sticks that I build up until I finally RA a heap in one go. HDDs are the next most likely.
Seriously WHY would you want to deploy a plugin to 100s of users when you can be far more effective and far more secure at the gateway??? Run a proxy, filter at the proxy. Your individual machines should not be getting direct access to the internet anyway.
Dunno if it would end up being that expensive relative to the return. Kinda depends on what the video is worth though. But lets assume you keep 1 petabyte available in a google nearline system or equivalient you would be looking at around 10k a month for storage and say another 5k for access fees. Then a large scale tape library, say something along an SL8500 which stored over 2000 petabytes. It's not like you need realtime live access to the data. Client request then pull the data you need, process and sell.
This kind of data is what tape libraries were built for.
If you accept that a policy like this was inevitable, which honestly it was, then the small line that says rights holders should be liable for the costs of the blocks is a massive win.
The various **AA groups won't pay for enforcement because they know there is no link to making more money. So when iiNet or Telstra say yes we will block your address and it requires x number of servers and $x for electricity it will die a quick death.
Just had a look. the vCJD tests are actually a biopsy currently. There is a prototype blood screening option but it is only a prototype at this stage. There was a 2012 study on removed appendixes (32000) that showed a rate of about 1 in 2000 britons carrying the disease so it's not that rare.
On top of that the prions can remain dormant for up to 50 years without a patient developing symptoms.
As for value of your blood, there is some speculation that it is worth around about $12 per donation - http://freakonomics.com/2007/0... And according to http://health.costhelper.com/b... biopsy costs range from about $150 to $10k. So even assuming the lowest value you would need 12 donations to break even.
In the end blood is a bulk product. The main challenges to having enough volume isn't available people to donate but getting them to a centre that can collect in a time frame that works for them. Not sure how the US does it by Australia has buses that travel around collecting blood and volunteers who make appointments.
The do have tests for it but the tests are expensive and slow. You blood is taken and tested for a range of issues and then treated and put into larger storages. The disease in question survives the treatment process and you need hardly any of it to contract the disease. The net result is that a large amount of blood becomes contaminated.
It comes down to the fact that while valuable your blood is not as valuable as what the test costs to run.
Slashdot Mirror
I have a rental property where I charge well under market because I know the tenant personally. The agreement is that they will do all maintenance, all repairs and handle all property issues themselves. It means that when the hot water system exploded (literally!) they footed the bill. When the roof started to leak, they footed the bill.
Overall I am probably worse off against what I could have achieved but I have to give it no time and no effort. I am banking on capital gains AND it gives someone I care about somewhere to live that they couldn't have ever hoped to have afforded themselves.
Not necessarily. The property market is just one form of investment and for many people it is a good investment. Not because it has particularly good or safe returns, though it often does, but because it FORCES people to invest. If you are putting money into property you should have something left when your working career ends.
That said if you are sensible about your investments and actually invest for the future it doesn't have to be property. If you are moving lots, and in particular moving between countries, property would SUCK as an investment. It can make it simply too hard to dispose of if you are on the other side of the world. This results in it being highly illiquid which could cost you in the future. A much better option would be a more easily moveable, liquid asset such as shares.
What are you smoking? Change the word rent for cost if it helps. You want access to my capital asset, that costs you $3000. I will allow you access for 1 month for that price. This capital asset may be an apartment, a car, a piece of earth moving equipment, or cash. Rents are NOT by definition unearned income. They are a cost you charge to a third party for the use of your capital asset.
Nope. I am an agent. The rates I was quoting were the rates that I pay to those engineering skills. Of course there is my markup on top of that to the company, however before you claim that that markup belongs to the contractor consider that I am paid for my finding services and you would be unlikely to see that going directly.
As for no benefits being through an agency, ignoring the fact that I found you the job, you are covered by my professional indemnity insurance and my public liability insurance at no cost to you. Also I pay you fortnightly on submission of authorised timesheets and then go through the hassle of collecting from the company so that you don't have to worry about being paid on time.
It definitely is. I have friends who have lived in both places and work / life balance is better in Aus.
It isn't better in all regards as cost of living is generally higher in Aus and access to some goods and services are more difficult (ala Netflix). You would also have to adjust to a much more socialist society as even the US Democrats sit to the right of our right party.
Personally having lived in a number of places around the world and having visited the US a number of times I picked Aus to live in permanently. This was especially true when we decided to have kids.
Then you just end up with politics of personal popularity with no defining differences in policy between candidates. You will have to wait for the election results to see what happens.
Umm or it could be "I really don't want to climb a ladder to look at your storm damaged roof. I'm going to fly this drone with a gopro attached to have a look"
Seriously what the fuck is wrong with your insurer?
I've have water damage after a storm over whelmed my gutters repaired, roof damage from a falling tree repaired, smashed windows from hail repaired and water damage after the power shower pump in our roof exploded repaired. Oh and all were separate instances.
Huh? I am talking about a piece of legislation that will define you as an employee irrespective of whether you are working via an incorporated company or not.
As for tax there is a huge difference. Firstly you are able to expense anything that you could conceivably put through as a company expense. All those coffee meetings, that new Oculus rift, your 4k monitors.
Then on top of that you will structure yourself to minimise your personal taxable income to where the band goes higher than corporate. You may do this by having a family trust own your company with your wife and kids as beneficiaries.
If you are paying the same amount of tax as an incorporated contractor as a payg employee you are simply doing it wrong.
You seriously need to look at what skills are in demand. There are MANY MANY MANY skills that pay over $100 per hour. Day rates of $1500 are far from unheard of. My direct experience sits outside IT but a Senior Highway Engineer c$130 per hour, a flood modeller c$90/hr, a Surveillance Superintendent $120/hr, an onshore rig supervisor $1500 / day
To be honest in Australia you probably wouldn't end up richer as your employees would walk if you pushed that hard.
Without being american or knowing that piece of legislation I think I can take an educated guess. This will probably be legislation that says even if you are incorporated if you a trading your time for money with the same company you will still be treated as an employee for the purposes of tax an other legislation.
The equivilent in the UK would be the IR35 rules.
You get around this by having more than one client / changing employers on a regular basis or selling items to do with the business.
These pieces of legislation exist for two main reasons. The first is to protect the tax base. The second is to prevent companies from forcing their employees to incorporate to avoid employment law provisions.
The thing is this data is already collected, from every cctv camera that the state is already operating. It seems strange to single this one device out that is doing what do many other systems are doing already.
For a start the fact that the owner of the vehicle may not be the driver. That there may be more than one person in the vehicle. That you are not passing through any kind of gate which implies a prevention of access.
Forgive me for being dense. But you are in a public area with a publicly mandated identifier on your publicly registered vehicle. HOW can you have any expectation of privacy? I could understand them banning a car driving around reading the number plates of cars on driveways or other private property but if you a driving on the road I don't understand.
From what I gather as well it is not the recording of the information so much as the method that has been cited as the issue. So if they were to have someone sitting on the road writing your number plate down as your drove by that would be ok but an automated camera is not?
Your definition of a spent conviction is not quite right. In particular if you have served more than 30 months in prison a conviction is never spent. There are also a number of exceptions to when spent convictions must still be disclosed, in particular around background checks for working with kids, security clearances & criminal proceedings.
It also doesn't prevent someone from pointing at you and calling you a criminal. What it allows is for you to choose to not disclose the information that you have had a criminal conviction if asked. Only NT & Tas have legislation which states that spent convictions cannot be considered if the employer happened to be aware of them already, you just don't HAVE to tell them if asked. So in the other states you would need to challenge the discrimination at the fair work tribunal and your mileage may vary.
Source: I work in employment.
Here is the definition:
Under the Scheme an individual’s conviction is spent where:
the individual has been granted a pardon for a reason other than that the individual was wrongly convicted of the offence, or
the individual was not sentenced to imprisonment for the offence (or not imprisoned for more than 30 months) and the waiting period for the offence has ended.
The waiting period is ten years beginning on the day on which the individual was convicted of the offence, or five years in the case of a juvenile offender (generally being a person under the age of 18 except in Queensland where it is under the age of 17).
The waiting period is intended to demonstrate that an individual has been of ‘good behaviour’ since being convicted.
An individual who is convicted of a further offence committed during the waiting period will generally lose the right to have the earlier conviction treated as spent until the waiting period for the later conviction is ended.
The primary difference between the USA and other developed countries is the length of the prison sentences. As for forced mental hospital stays I don't think that comes even close to covering the difference. I am struggling to find any authoritative numbers for forced mental health stays in Australia but if we assume that all the available beds in our health mental health system are used for forced stays then that is 4625 beds as a maximum. https://mhsa.aihw.gov.au/resou...
Our criminal incarceration rate is about 185 per 100,000 population [1] and the current prison population is 33791. Assuming we added all of those 4625 beds as new prisoners this would bring the total to 38416. Assuming all other things are equal, ie duration, at that number we would be looking at 210 per 100,000 which is still dramatically lower than the 750+ per 100,000 in the USA.
In essence forced mental stays play basically no part in hiding the incarceration rate in Australia.
[1] http://www.abs.gov.au/ausstats...
Ram has always been the number one cause of failure for me. To the point that dead / dying ram is my first check. I have a box of dead ram sticks that I build up until I finally RA a heap in one go. HDDs are the next most likely.
Yes they can. http://www.psl.cs.columbia.edu... is specifically designed for the extraction of content based on class names.
Seriously WHY would you want to deploy a plugin to 100s of users when you can be far more effective and far more secure at the gateway??? Run a proxy, filter at the proxy. Your individual machines should not be getting direct access to the internet anyway.
Dunno if it would end up being that expensive relative to the return. Kinda depends on what the video is worth though. But lets assume you keep 1 petabyte available in a google nearline system or equivalient you would be looking at around 10k a month for storage and say another 5k for access fees. Then a large scale tape library, say something along an SL8500 which stored over 2000 petabytes. It's not like you need realtime live access to the data. Client request then pull the data you need, process and sell.
This kind of data is what tape libraries were built for.
If you accept that a policy like this was inevitable, which honestly it was, then the small line that says rights holders should be liable for the costs of the blocks is a massive win.
The various **AA groups won't pay for enforcement because they know there is no link to making more money. So when iiNet or Telstra say yes we will block your address and it requires x number of servers and $x for electricity it will die a quick death.
Just had a look. the vCJD tests are actually a biopsy currently. There is a prototype blood screening option but it is only a prototype at this stage. There was a 2012 study on removed appendixes (32000) that showed a rate of about 1 in 2000 britons carrying the disease so it's not that rare.
On top of that the prions can remain dormant for up to 50 years without a patient developing symptoms.
As for value of your blood, there is some speculation that it is worth around about $12 per donation - http://freakonomics.com/2007/0... And according to http://health.costhelper.com/b... biopsy costs range from about $150 to $10k. So even assuming the lowest value you would need 12 donations to break even.
In the end blood is a bulk product. The main challenges to having enough volume isn't available people to donate but getting them to a centre that can collect in a time frame that works for them. Not sure how the US does it by Australia has buses that travel around collecting blood and volunteers who make appointments.
The do have tests for it but the tests are expensive and slow. You blood is taken and tested for a range of issues and then treated and put into larger storages. The disease in question survives the treatment process and you need hardly any of it to contract the disease. The net result is that a large amount of blood becomes contaminated.
It comes down to the fact that while valuable your blood is not as valuable as what the test costs to run.
There is that of course. I'll just go with it being cold in a really really big shed then.
In my mind I had them doing the drone fly overs more regularly that a normal inspection. No idea why I thought that though.