Academic warns failure to pass Labor's superannuation tax changes could quash chance for broader reform
Submitted 3 weeks ago by daniel_callahan@jlai.lu to australia@aussie.zone
Submitted 3 weeks ago by daniel_callahan@jlai.lu to australia@aussie.zone
Nath@aussie.zone 3 weeks ago
Three million?! Who the hell has that much?
At that point, 5% interest will give you an annual salary of $150k. You can comfortably live off that and never touch the Three Million!
psud@aussie.zone 2 weeks ago
150k won’t be so much in 50 years of 4% CPI
Nath@aussie.zone 2 weeks ago
Unless you are a teenager, you’ll be retiring far sooner than 50 years. Less than 20, for me (hopefully).
Hanrahan@lemmy.world 2 weeks ago
80,000 rich Australians, mostly its via an SMSF and they dump.assents in ther to avoid …paying tax , whihc is the entire point of this.
Personally i think the Greens $2Million cap thats indexed is a better idea but Im sure Albo will die on that cross with his hatred of The Greens as he’s now trying to work with the LNP to get it through the Senate instead.