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Relax... the new super tax looks dead in the water

Relax... the new super tax looks dead in the water

The Money Puzzle · The Australian

November 28, 202435m 37s

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Show Notes

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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Topics

New super tax$3m super thresholdSuper fund financial advicePrivate credit investingFinancial advice costsParliamentary deadlock superAleks Vickovitch ConexusSuper tax reformsInvesting certaintyBig funds advice reforms.