The super threat in MYEFO

Be alert but not alarmed about possible changes to tax concessions on super or the rate of CGT.

Summary: The Mid-year Economic and Fiscal Outlook shows the Government does not plan to cut spending. This makes it more likely that it will focus on further revenue collection in coming years. It will be very tempting for the Government to turn to easy revenue options.

Key take-out: Investors should not be alarmed, but keep an eye on commentators’ calls for an end to tax concessions on compulsory super or changes to capital gains tax exemptions.

{{content.question}}

{{ twilioFailed ? 'SMS Code Failed to Send…' : 'SMS Code Sent…' }}

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa
Mastercard

The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device


Register as a new member

(using a different email)

Related Articles