To get that result, he must have all his (considerable) investments in Aust bank shares and securities - appalling portfolio diversification and a rubbish financial advisor.
"A lifelong Labor voter, Mr Samson said he stood to lose... a third of his post-retirement income." Article http://bit.ly/2X1i6nZ #StopTheRetirementTax
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The thing is, regardless of the fairness or otherwise this saying comes to mind. "Always back self interest, at least you know its trying". There will be a lot of voters in Hughes affected by this. Whether its enough to save Craig we will see.
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He must be as full of it as you are if he thinks that is true.
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Clearly more Australia hating tweeters here. My mothers Franking credits- for which she worked hard over the years helped pay for her quality Aged Care facility. She’s in her 90’s.. don’t tell me stealing them from her would have been a good idea
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Can you please indicate approx level of investments they start with? Only fair to then compare with my parents on the pension.
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Daylight robbery from Shorten, he’s going to lose a truckload of votes. Today in Australian, story on him changing a tax law and being able to back-take fees from small businesses up to a few years-Labor is trying to kill Australia (ps haven’t personally read article yet)
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What property taxes?
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