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Return of our 'Wealth of Experience' podcast

Season 2, Episode 1

In this week's episode, we'll discuss how the new $3 million super tax will work with an important clarification, the impact on other investment pools, the headwinds for Aussie large caps, as well as the energy transition and its investment opportunities.

(For more details on the $3 million tax, read here). 

The podcast is also available via our dedicated website page, Google Podcasts, Apple Podcasts, Spotify, and BuzzSprout.

Please share with friends and colleagues, and a favourable rating would help spread the word. We welcome questions and suggestions at [email protected].

Grab a cuppa and settle in for our chat.

James Gruber
Editorial, Firstlinks and Morningstar

 

  •   14 June 2023
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3 Comments
Daniel
June 16, 2023

Good to hear the podcast again. Graham in your explanation of the $3m super cap, I realise you are focussing on the proportional part of the calculation which many people are missing, but you should also mention that the Super balance change over the financial year is also adjusted for withdrawals and applications. To be clearer, withdrawals are added back and contributions are deducted. The rationale is that people cannot make withdrawals to stay under the $3 million, but their contributions do not push them over $3 million. Important to watch.

Michael2
June 23, 2023

Great to see the podcast back!

My question is to Peter Warnes and his comments that nuclear power should be part of our energy mix and my thought that with the largest nuclear power station in Europe taken by an invading force, only three months of cooling water left in its cooling ponds with reports that the pond may be rigged with explosives and artillery shells and missiles wizzing all around it that a whole new risk to nuclear power stations has been uncovered and we shouldn’t be going down this path and that is before the financials and red tape are taken into account

Peter Warnes
June 26, 2023

Hi Michael,

We have to put Australia’s nuclear options in context. We are talking about small Modular Reactors rated from 10MWe to 250MWe providing incremental additions to the National Electricity Market as fossil fuels are withdrawn. To compare Australia’s situation with what is occurring in Europe at present is drawing along bow. Our issue is how to replace fossil fuel generated baseload power and wind and solar cannot do that with the certainty required. We already have a nuclear reactor operating at Lucas Heights for the past 65 years (opened in 1958) without incident.

Regards,
Peter

 

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