A small introduction to the CGT.

After leaving in Germany for close to 18 months, we have put our house in Australia on the market and just sold our house in Australia. A couple of things stood out for me. One is how fast our house actually got sold, and secondly, CGT is a minefield!


From when we made the decision to put on the market to when we have signed contract, it took about 2 weeks. It is the quickest sale of a house that I have been involved it. The previous house sale that I was apart of took an average of about 4 weeks to sell. Now we have to wait for the banks and the lawyers to sort out the details and finalise the sale. We have opted for a 30 day settlement.


Now, CGT or Capital Gains Tax is a crazy thing, but I guess that it is the same with any tax law. For our situation where we have lived in the house for sometime before renting it out, we will be liable to have part of the profit subjected to taxation. Essentially, we can proportion the profit to the rental  period over the time which we have the house in our possession. In our case, the house was being rented for about 40% of the time we owned it, so only 40% of the profit is subject to CGT. The CGT portion is further discounted by 50% before it becomes part of your taxable income assessment. That is the simple version. There are other rulings that you can use to help minimise the liability. I may need to talk to a tax accountant.

Stereotypical

After reading a great post over a Cheeseburgers and Sauerkraut about being, among other things, feeling stereotyped, I felt it struck a core with me. 

After living in Germany for about 14 months, I must be quite lucky to have any stereotypes thrown at me. For one thing, the Australian culture does not a profile as high as that of an American or an Britain. Furthermore, I don't physically look like a stereotypical Australian.

In some ways, I stereotype the Germans more than the Germans stereotype me.

Liege, Belgium

My family wanted to get away for the weekend. As it was only for the weekend, we don't want to drive too long to reach it. After doing a quick search, we settled on visiting Liege, Belgium. It is about one and half hours drive from home, and the drive is almost all on the autobahn, so it is perfect.

The one thing that strikes me about Liege is the industrial nature of it. The general colour of the city is grey and black. Not too many green or blue. I also were quite taken back by ambience of the town, the people of the town are a bit on the depress side. Maybe I am more accustomed to the higher levels of living in Germany.

I have heard that food, more specifically food from the restaurant or cafe, are a bit more expensive than Germany. We had lunch at a local cafe in town, and it costed about 33€. Lunch consists of a three servings of open sandwiches for everyone, coffees for my wife and I, and a slice of cake. I would have expected to pay about 25€ back in Germany. Having said that, I must say that the sandwiches were absolutely delicious. The children also eat all of their sandwiches as well. The Belgians really do know how to do pastry food.

The October fun fair started the weekend we arrived, actually our weekend apartment is across the road from the fun fair. It is one of the largest in the region, with about 150 stalls. Our kids were a little bit too young for the majority of the attractions, they were mainly targeted towards to young adults. However, the lights and the sounds captured their imagination.

The usual suspects were at the fair, the carnival food of hamburgers and pommes frittes, the many bright lights and loud music, and the abundant spruikers tempting you to part with your money.

There were a new fair ride that I have not seen before. It is basic and looks quite terrifying. You sit in a open capsule, and the capsule is located at the end of a swing arm. There is also another open capsule at the other of the swing arm which can also hold passengers. When the ride goes, the swing spins in a vertical axis, very, very fast. It claims that it is pulling 4G as it swings around. For the spectators, they can safely stand under the downward swing of the arm. I tell you that it can get quite scary for spectators as well.

On the Sunday, it was a trip to La Batte for the Sunday Market. It was one of the largest market that I have ever been too. It is located on the La Batte on the Meuse River. We heard that parking is hell, so the we walked to it. It was only about 15mins from where we are staying.

There is quite a large variety of things to be bought, for eating, for wearing, for admiring, for listening and for drinking. I love the noise that a market generates. We also saw a monkey in a pram!

The main language spoke in Liege is French, and this is true for the market. We were not confident enough in our French to negotiate prices on some of the items.

The market is big! The market walk stretches for at least 3km!

We bought some lovely ham, local cheese and some local sour dough bread, and had lunch at the after the market visit. It was delicious.

In the afternoon, the drive home was easy and relaxed. We are definitely looking on our next visit to Liege.

Freecycle and the Germans

When we were living in Australia, Freecycle was extremely popular. We would actively participate by offering our stuff that we don't use anymore, and receiving stuff from others. There were plenty of other participants in Freecycle.

Now that we are living in Germany, we also want to participate in the local version of it. However, it doesn't seem to be as popular as the Australian versions.  The stats from the Cologne version of freecycle shows that only a small number of traffic.

The equivalent group in Frankston, Australia shows almost an order of magnitude more as the following screen capture shows.

I don't have any ideas why there is such a disparity between the two Freecycle groups. I do have a feeling that most of it may have to do with cultural differences.

In most part of Australia, there isn't a stigma of receiving or using second hand items. That stigma does appear to be present in Germany, especially among the locals. However, among the expat community, the sharing of used items are more prevelant. Having said that, Freecycle is not popular among expats as the language is German rather than English. The expat tends to use forums such as Toytown Germany or English Speaking clubs / community such as AIWCC or English Speaking Cologne.

All around town, I see many hard rubbish items sitting on the kerbside waiting to be picked up. Most of these items are is reasonable condition and would definitely be usable in someone's house. For a country that exercise plenty of recycling, and being environmentally friendly, I am really surprise that it does participate more in Freecycle.

Perhaps, it could just a case that I don't know where to look. Any suggestions?

Foto Friday....Köln Balloon Festival

Köln balloon festival at the RhineEnergieStadion. It was spectacular.

There's a Better Way: Saving on Food as a University Student

The following is a guest post from Jena Ellis.

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While this may not be particularly true of university students in Europe, the stereotype of the American collegiate scholar is one who drinks cheap beer--more like water--and eats Ramen noodles, perhaps the cheapest microwaveable meal available. There is also the legend of the "Freshman Fifteen", which constitutes the alleged fifteen pounds a first-year student is supposed to gain as she navigates the world for the first time without mummy and daddy.

As someone who graduated from university not too long ago, I can attest to the fact that these stereotypes are by and large true. I myself ballooned a little over fifteen pounds, and my friends did the same if not more. Of course, a lot of these weight gain travails can be associated with drinking heavily for the first time, or even the stress induced by having to set your own study schedule without the structure imposed at home.

But there's one culprit to university student weight gain on which I'm going to focus--and that's cheap food. We all, of course want to save money. And saving money is a prime mode of activity for college students. Whatever is cheapest, whether its food, alcohol, textbooks, or clothing, we'll go for that first. And this is a great thing. Unfortunately, in the case of food especially, cheap food tends to be of low quality and low flavor.

Take Ramen Noodles for example. Can't get any cheaper than that. But the problem with Ramen is that its taste is very one-dimensional. What's more, it's really quite terrible for you. While Cheap as Chips has suggested to get off your lazy butt and learn to cook (wise advice, I may add), sometimes, for whatever reason, working on those culinary skills is inconvenient as a student. So what then?

My advice--what really turned things around for me during those college years of no money and junk food--is being a little bit smarter and more selective at the grocery store. For one, go to the smallest grocery store you can find, because the more options you have at a Mega Store type of environment, the more likely it is that you'll buy things you don't need.

Another thing to avoid is big brand name college staples. I'd often resort to Ramen Noodles, frozen pizza, Mac 'n Cheese, and other commonly known frozen or nonperishable food items simply because that's what I heard university students eat. If you do a little more searching, you can find things that are just as cheap but are a whole lot healthier for you. Most importantly of all, they have flavor.

Flavor is a huge component of consuming food that satisfies you. If you eat flavorless food, you'll want to eat more of it. And the more you eat the more weight you'll gain. One place I looked is in the ethnic food aisles. Japanese, Indian, you name it, tends to have more flavor than your standard, quick prep fare.

In the end, it can't be emphasized enough--check the labels for nutrition content, and check the prices. You'll be surprised by what flavorful bargains you can find if you just do some searching. 

By-line:
This guest post is contributed by Jena Ellis, who writes on the topics of Online Certificate Courses.  She welcomes your questions and comments at her email: jena.ellis20@gmail.com.

When will I be fluent in German?

I have had the two opportunities to change to language context that my brain is living in. The first time was when my parents shifted the family from Singapore to Australia. From a language perspective, I went from a multi language location to a singular language location, a place where the primary language is Mandarin to a place where the primary language is English.

In recent time, I relocated with my wife and our two kids from Australia to Germany. Both locations are dominated by a single language, however as you can appreciate, the language are quite different. I guess that I am little bit lucky as the German and English have the same heritage.

Both experiences are quite similar, except I was only about 10 years old when I shifted to Australia. Now that I have just pass 40, I am find that the relocation to Germany to be a bit more difficult. As a child, I was able to absorb the new language a lot faster and be able to use the new found langauge faster. I also believe that as a child, I did not have the pressure to acquire the new language and to use it. The pressures of getting it right is significant greater now that I am an adult.

I tried to listen to news on German Radio and found that I am constantly translating the small snippets of words that I recognised into England so that I can get a gist of what the news story was about. This is increasing frustrating and I was never fast enough. Only when I can listen and not understand it without initially performing a translation will I be truly fluent.

I would love to hear your stories or experiences on living in a new country where the primary language is not native to you.