Superannuation Discussion + market volatility

[andye]

No, and it ought not be

It’s because cashflow actually matters.

Where do people who borrow funds to pay for an asset find cash to pay tax?
That was the issue with employee share schemes. It’s all well and good to say “pay up” but how exactly do people do this when the money is tied up in an asset ?

I'm no fan of taxing unrealised gains but it's probably not great financial practice to have a really large proportion of assets in an undiversified illiquid form

 

[Brissy1]

optimistic valuers

Like Dr. shopping?

 

[andye]

If CGT wasnt grandfathered that way, there would likely be a tsunami of sales prior to July 2027.

This is assuming the Greens don't manage to limit the grandfathering in the Senate

I tend to think there will be a meaningful fall in property prices ( in Sydney at least) at some point over the next couple of years, but if the changes became retrospective, it could be much more

 

[SYD]

I tend to think there will be a meaningful fall in property prices ( in Sydney at least) at some point over the next couple of years, but if the changes became retrospective, it could be much more

Along with increasing rents as supply dries up…