Relax… the new super tax looks dead in the water
Call it a surprise if you like: But the unexpected, highly irregular, badly drafted new super tax is off the agenda: What’s more, it’s unlikely to reappear in anything like its current shape. Then again, a parliamentary logjam has also ensured the big breakthrough on financial advice – where super funds would come into the game in a major way – is also petrified in a political deadlock. At least we can start investing with a teeny bit of certainty from here.
Aleks Vickovich of the Conexus Financial group joins wealth editor James Kirby in this episode.
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In today’s show, we cover
* What happened to the new $3m super tax
* Financial advice from big funds gets kicked into touch
* How paying $5000 a year for financial advice makes sense
* Should you be involved in private credit ?
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