It is not only SMSFs that will be affected. They are Labor's target, but others are collateral damage, especially those in industry or retail funds who also have shares in their own name. The damage is profound when the total of assets (fund plus shares) exceeds the pension asset test limit. This results in NO Pension, NO franking credits and less income than the age pension, until the total of assets is very large. That's Labor's new retiree tax for you.
It is not only SMSFs that will be affected. They are Labor's...
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add NAB (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$39.64 |
Change
0.450(1.15%) |
Mkt cap ! $121.6B | |||
| Open | High | Low | Value | Volume |
| $39.55 | $39.66 | $39.45 | $23.59M | 596.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 29 | $39.64 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $39.65 | 1961 | 11 |
View Market Depth
| Last trade - 11.20am 28/11/2024 (20 minute delay) ? |
| NAB (ASX) Chart |
