Tag: wealth management policy
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Understanding Superannuation Tax Plan Impacts on High-Net-Worth Individuals
Treasurer Jim Chalmers has responded to the backlash from corporate leaders regarding the Labor government’s proposal to impose a tax on unrealised capital gains, particularly focusing on superannuation balances exceeding $3 million. The contentious plan has stirred up a heated debate within the business community, with prominent figures like Karl Morris and Brian McNamee expressing…