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Edition: 158

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Edition 158

  • 3 June 2016

The daily media focus on superannuation has deflected some attention from the policy differences on negative gearing and capital gains concessions. Residential property is worth three times the value of the entire superannuation pool. We summarise the policies and include a short survey for your opinion.

Negative gearing and capital gains survey

Residential property in Australia represents 65% of net household wealth, and is worth three times the superannuation pool. Depending on the outcome of the Federal election, the rules could change from 1 July 2017.

10 hints on realising capital losses for EOFY

Anyone with capital gains from property or shares should scan the rest of their portfolio for possible offsetting capital losses, always being wary of the ATO's wash sale provisions.

Regulator demands robos understand clients

While ASIC reviews the feedback on its robo advice policies, the US regulator makes it clear it requires the same standard of care from robo advisers as it expects from human advisers.

SMSFs and infrastructure is marriage made in heaven

Australia needs capital for infrastructure, and SMSF trustees want direct access to assets with yield and long-term security. It's a win-win if governments can find a structure to bring the two together.

Stranded: too old to work, too young for the pension

There's a gap between the age when many people are considered too old to start a new job, and qualifying for the age pension. It leaves those who do not own their home especially vulnerable.

We still care about real cash

There's already a fuss about the appearance of the new $5 note, but there's a lot goes into the design of our currency.

The longest comment we've ever received

By far the longest comment we have ever received, we're giving these passionate thoughts some more exposure.

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It’s time for LICs to die

A high-profile dividend cut and a prominent fund manager’s apology have reignited a long-running debate. If investors can access similar exposures more cheaply and efficiently elsewhere, what exactly is keeping LICs alive?

The retirement scorecard: how many of these questions can you answer?

From the maths of retirement, estimating spending and picking the right asset allocation to survive a poor decade, here are the questions every retiree – current or future – should be able to answer for themselves.

Testamentary trusts: Treasury has picked the wrong reading

A decades-old estate planning tool has survived one tax crackdown only to be caught by another. The surprise isn't who the reform is targeting, but who could end up paying the price for drafting choices made years ago.

How the typical Australian Family could save $844,350 in taxes

The value of a testamentary trust is not determined by wealth alone. Depending on circumstances, it can reduce the tax burden on inherited income, create efficiencies and help build intergenerational wealth.

The housing slide could become a crash

House prices are sliding across Australia, yet the most dangerous ingredient for a housing crash is still missing. If job losses surge amid growing economic risks, today's correction could become a historic property downturn.

Will investors be better or worse off under new housing tax changes?

Housing tax reforms have sparked warnings of market turmoil and promises of greater fairness. But after modelling nearly two decades of property data, the results suggest winners and losers may not be who many investors expect.

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