Daniel Wigton on Nostr: So I was gazing at the sky the other night while putting out the trash and happened ...

So I was gazing at the sky the other night while putting out the trash and happened to notice that there is a whole other planet sitting just across the way.

It's a fixer-upper but it's clean and currently has no taxes or Australians...

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So it’s confirmed Australia is moving forward to tax unrealised gains in superannuation accounts exceeding $3 million effective from 1 July 2025.  
I think that brings the tax rate to 30% on earnings for total super balances above $3 million. Ouch for those people who will be forced to sell assets…illiquid assets 😳

One of the biggest misconceptions is that these kinds of taxes are “only for the ultra-wealthy” and not worth worrying about…