Finance & Fury Podcast

Welcome to Finance & Fury, the ‘Say What Wednesday’ edition where every week we answer questions from you guys.   Today’s question is from John;   “Thanks for the podcast and the content you provide. I thought a useful podcast topic could be the legislative changes Labour are proposing if they win the next election. Such as changes to franking credits, negative gearing and taxation of family trusts. I thought this could be an interesting topic considering these changes will possibly affect a lot of your listeners, especially small business owners who are operating as a trust etc - John”   Thanks John, that’s a good question, and great timing with the election between 33 days from now (if called on the day listening – min time rules) and May 2019 To start, here is a quick list of the policy changes, not including the bigger ones everyone is talking about; CGT Discount: Going from 50% to 25% (on new investments after 1/7/17). This applies to business as well. Superannuation: SG increase to 12% On one han