The massive surge in Commonwealth Bank shares in the past couple of years has huge implications for millions of Australians, even for people like me, who have never bought a single CBA share.
That’s because, like a growing number of people, I inherited a slice of CBA shares when my father died.
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Andrew Hobbs covers self-managed superannuation funds, financial planning, retirement and inheritance. He has been a financial journalist for more than 25 years, working previously at Bloomberg and Australian Associated Press.