u/Extension_Solid2797

Any Aussies? CGT changes

Do we Aussies just stay on the plan of investments as per the baby steps exactly as is anyway even though the changes are coming to Aussie CGT? Barefoot Investor also similar to Dave Ramsey but the Aussie version and I’m sure Barefoot Investor is still working out his comms around it all!

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u/Extension_Solid2797 — 3 days ago

There’s talks in Australian government about proposed changes with our capital gains tax (reducing the percentage so assuming less benefit to investors, whether it be investment property or mutual funds etc. but not super/compulsory retirement funds - correct me if wrong).

Anyone have any idea thoughts on how changes in tax might change the “investing outside of super” step for individuals or sole traders etc? .

(No political comments please and as Dave Ramsey says that we can’t rely on the government so walk your walk through the defined and proven baby steps). I’ve also referred to Barefoot Investor book on investments and still learning about all the steps and comparing both books is helpful.

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u/Extension_Solid2797 — 16 days ago