Bull market bonanzas and back-flipping Budget moves
About this episode
This episode discusses the impact of the SpaceX IPO on Australian investments and the Treasurer's Budget backflip regarding trusts.
Investors are fully stretched trying to keep up with a remarkable period for markets as a record number of Australians make a 50 per cent profit on the SpaceX IPO, while at home the Treasurer announces the first major Budget backflip with a carve out for testamentary discretionary trusts. Hugh Robertson of Centaur Financial Services joins Associate Editor, James Kirby in this episode. In today's show, we cover: How the SpaceX bonanza changes Australian share investment forever CGT changes: Can the system handle the changeover? Trust backflip - A sensible solution Will new homes become the hottest thing in property? See omnystudio.com/listener for privacy information.
Topics covered
- Bull market
- SpaceX IPO
- Australian share investment
- CGT changes
- Trust backflip
- Property market
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- Why Australian shares let you down this year (and what to do about it)
- Special episode: Listener questions on new tax changes
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