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Replying to Avatar Nadia

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…

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x 7mo ago 💬 1

Disobey.

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Nadia 7mo ago 💬 3

Is this the moment that drives a significant amount of Australian wealth to find btc…who knows where this could go!

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