In this special post-budget episode of the SMSF Adviser podcast, hosts Keith Ford and Aaron Dunn navigate a complex web of budgetary and political issues.
Although it was a budget with nothing much in it for the SMSF sector, it was what wasn’t included that may have dramatic implications for the sector moving forward.
With the departure of Financial Services Minister Stephen Jones, the sector faces uncertainty over future leadership and policy direction, while the emergence of the Teal independents and the potential for a minority government add layers of complexity to an already unpredictable political landscape.
Listen as they discuss:
- The budget's limited offerings with small tax cuts and cost-of-living adjustments taking centrestage.
- The alignment between the reduced tax rates and superannuation accumulation rates.
- The broader implications of the upcoming election on the SMSF and financial services sectors.
- The DBFO 1.5. proposed changes, including the shift from a statement of advice to a client advice record.
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