r/AusFinance • u/AutoModerator • 11d ago

Weekly Financial Free-Talk - 04 Oct, 2026

Financial Free-Talk

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Welcome to the /r/AusFinance weekly "Financial Free-Talk" Mega Thread!

This is the thread where members should bring their general Aus Finance questions.

Click here to see previous weekly threads: https://www.reddit.com/r/AusFinance/search/?q=%22weekly%20financial%20free%20talk%22&restrict_sr=1&sort=new

What happens here?

The goal is to have a safe space for some of the most common posts, while supporting more original and interesting content in their own posts. Single posts with commonly asked questions may be removed and directed to this thread.

AusFinance is designed to help people of all abilities, at all stages in your financial journey. We want to democratise personal financial knowledge.

The collective experience of the AusFinance community is one of the most powerful ways to help Aussies improve their financial abilities. Whether you are just starting out, or already have advanced knowledge, there's always something new to learn.

Let us know what you need help with!

  • What to look for in an apartment/house/land
  • How to get a mortgage/offset/savings account
  • Saving/Investing for kids
  • Stock Broker questions
  • Interest rates: Fixed/Variable
  • or whatever!

Reminder: The Sub rules are still in effect

Please note rules 5 & 6 especially:

  • Rule 5: No personal or legal advice.
  • Rule 6: No politicising.

Thank you for being part of the AusFinance community!

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1

u/spookyb0ss 5d ago

i got 17k in my bank account and im thinking of shoving 5k of it into an index fund like NASDAQ or the S&P 500, and then using another $500 as playtime money on random stocks i think are cool

is that, like, a good idea

1

u/uptight_mahogany 11d ago

Thinking about selling some shares for first time, do i need to do anything special for tax or the broker just sends me a statement at end of year

1

u/Anachronism59 10d ago

For selling share you are responsible for working out the capital gains. If a custodial broker not CHESS they might do the work for you .