The maths that makes SMSFs a tax reform target for Chalmers
Despite their notoriously conservative investment choices, SMSF growth has kept pace with big super funds. Tim Toohey says this all comes down to tax – and that could put a target on the sector.
The new financial year dawns with a sense of trepidation for the 1.2 million Australian savers who have self-managed superannuation funds.
The figures for 2024-25 aren’t in yet, but history suggests they’ve probably enjoyed a pretty good year, and kept pace or even beat the returns generated by the giant industry and retail super funds that dominate our $4.2 trillion sector.
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James Thomson is senior Chanticleer columnist based in Melbourne. He was the Companies editor and editor of BRW Magazine. Connect with James on Twitter. Email James at j.thomson@afr.com
