@iamjameswrigley: The legislation to introduce the division 296 legislation has passed the Senate and it will come into affect from 1 July 2026 #money #investing #retirement #tax
I love that they encourage people to put lots into super then tax it, standard govt policies incentivise then penalise.
2026-03-11 10:23:28
54
Andrew :
how many people actually have >$3m in super?
2026-03-11 10:35:11
11
FuckTicTok :
How about they tax their 'defined benefit schemes' ?
2026-03-14 22:52:53
0
Chilln’ Villain 🇦🇺 :
Niche demographic.
2026-05-05 21:02:08
0
samosawithmintsauce 🇦🇺 :
If you have 3 mill in super then your income is massive. If your income is massive (I.e highest 0.5 percent of pop.) why should you pay less tax the worker in a cafe?
2026-03-11 18:53:25
3
Mo Gong Fai Wa :
And people are defending the introduction of concessional taxes on super balances over $3m? This should have been.brought in decades ago.
2026-03-11 10:40:20
2
Patch Duke :
Fkn labor dogs
2026-03-13 00:27:55
1
Brian Grech795 :
Don’t all non-concessional contributions get stopped at 2mil ? How are they growing it to 10mil!
2026-03-11 21:43:13
1
viviennev49 :
It’s safe to say, I won’t be having this problem 🙃😭
2026-03-11 11:37:12
3
BinkyBunny :
can one partner with high super transfer some to the partner with lower super?
2026-03-12 10:44:22
2
dffyzn :
is that cash only or does it calculate property within SMSF + cash + investments?
2026-03-11 11:43:20
2
DAVID BLOWIE :
I'm all for taxing wealthy people. my issue is with that the government just then wastes that extra revenue anyway
2026-03-11 11:20:46
2
EMZ :
Nice to see you have a Tesla 😊 can you share what you claimed? We purchased ours with an untaxed dividend payment into the company. My understanding is that we can claim GST back and also have yearly deductions.
2026-03-11 11:51:09
1
da bear :
this country is cooked
2026-03-11 10:25:04
2
marleyG :
What a problem to have 😂
2026-03-11 18:31:37
1
Jess Jeepback :
i wish i had this problem 😏
2026-03-11 13:44:36
1
Georgia :
Thanks god I am safe! lol 😂
2026-03-11 11:19:06
1
lucy_🌻 :
I should be so lucky😂
2026-03-11 17:40:44
1
Levi Cameron :
Great problem to have
2026-03-11 11:14:19
1
Sjcblue :
im good
2026-03-11 12:17:45
1
KezzaImprezza :
Well, thanks to Trump's war, our super is dropping so fast.
2026-03-11 11:15:21
1
Salsero :
what % of the 1% are your clients?
2026-03-11 10:55:14
1
Surf Side :
The threshold increases over time with inflation, using CPI (Consumer Price Index). At $150,000 increments .. so the $3m per individual will increase over time in line with cpi .. please stop spreading misinformation in the comments
2026-05-11 07:21:31
0
th3333King :
😅Labor more taxes
2026-03-26 11:39:13
0
grahamjohnstone29 :
Fair enough.
2026-04-14 16:57:22
0
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