Bull market bonanzas and back-flipping Budget moves

June 18
32 mins

Episode Description

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?

 

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