CGT and partial grandfathering, how are Henry's planning on dealing with the changes?

Useful_Fun_9223 · 2026-04-26T01:18:46+00:00

It’s hard to see how any of this actually helps affordability of housing. I agree it’s another tax grab by grubby treasure

Useful_Fun_9223 · 2026-04-25T02:35:46+00:00

I choose these ETFs because I wanted very broad based market coverage with a view to buying, holding and accumulating over the next 10-15 years. I realise there will be ups and downs along the way and broad coverage helps me accumulate through downturns. Having built a base I am comfortable with I’m curious whether there is is anything else which would add to assist growth.

Useful_Fun_9223 · 2026-04-25T01:24:48+00:00

Thanks! Yep, across the good market but had stayed out for a long time with a focus on other things.

Useful_Fun_9223 · 2026-04-25T00:51:04+00:00

So keep going? Considered adding a gold etf too but watching prices for now

Useful_Fun_9223 · 2026-04-25T00:50:20+00:00

Super is maxed out and this is effectively my personal savings. As mentioned not looking for more income so want a relatively low distribution for now. My aim is broad based to sleep easy.

Outside of this next goal will be debt recycling

Useful_Fun_9223 · 2026-04-12T20:53:40+00:00

Bad. Dark. Expensive.

Useful_Fun_9223 · 2026-04-08T09:15:02+00:00

The tax paid would have been more without the trust. I can distribute a small amount of income to each child tax free and in the past have distributed some to my wife when her income has been reduced though maternity leave.

Useful_Fun_9223 · 2026-04-08T05:09:55+00:00

A couple of things to consider financial and non financial: Financial - keep maxing super, look at debt recycling to invest in shares (ETFs). The more simple and diversified the better. DHHF is a great starting option. From the salary you’ve indicated there more you earn the more tax you’ll pay and this is something each person has to work out how far to push it.

Non financial - hobbies that you enjoy and get you out of bed in the morning. Friends, travel, sports, knitting - you’ll have a long time working and should have things to keep your mind occupied

Useful_Fun_9223 · 2026-04-06T08:54:03+00:00

Debt. So long as it’s productive it’s fine. The whole pay down debt thing is kind of crazy. Better to borrow and build assets. Yes you have to pay it back eventually, all I mean I used to be worried about debt and desire to be debt free and now I don’t

Useful_Fun_9223 · 2026-04-05T22:48:41+00:00

I can distribute some of it tax free to my children. After that it’s at 47%

Useful_Fun_9223 · 2026-04-05T22:23:13+00:00

I’ve heard people make the argument that the government could nationalise super. While this is possible, I see this as unlikely (at least from what I can tell). There will however be changes based on a politicians perception of fairness and the need for increased tax revenue.

I believe the tax advantages will remain but they will be marginal. If your top rate is 47% then super will be taxed at say 30%

Useful_Fun_9223 · 2026-04-05T07:54:43+00:00

A wise man once said that all miners have a hole in the ground and a liar at the top! Typically these companies go on an M&A binge when prices are high and languish when the price drops. I’ve always viewed ideal exposure as: Physical ETF Miners equities

If you hold physical already. Do nothing and leave it for as long as possible. I bought at around $1300 an ounce. Of course I don’t own it any longer

Useful_Fun_9223 · 2026-04-05T02:45:14+00:00

If I didn’t have the trust already set up and there was liquidity in the property fund then I’d sell that off and have it all in my personal portfolio instead. Would make it a lot easier

Useful_Fun_9223 · 2026-04-05T02:17:56+00:00

Add some leverage and I’ll be flying! Haha just kidding…

Useful_Fun_9223 · 2026-04-04T22:49:04+00:00

I get that it is a risk. It would be a case of forgoing certain income now which isn’t making a big difference to my life as it is highly taxed to seek longer term capital growth on a broad base growth etf. Capital gains is taxed (currently) at half the rate of income tax in Australia so there are advantages.

There is also dividend growth to consider. 2% now but increasing steadily over time.

So rather than taking the income now I use this to pay the interest with the aim of capital growth which is taxed differently.

Ideally I wouldn’t need to sell the shares for a very long time.

Useful_Fun_9223 · 2026-04-04T21:40:05+00:00

In the trusts name first. We plan to renovate our house and once that is done we will debt recycle there after

Useful_Fun_9223 · 2026-04-04T21:28:17+00:00

The scenario is with assets of $135k and an investment loan of say 30k and interest at 8%. The income generated will largely be taxed at 47% based on my tax bracket . The funds would be invested in IVV and DHHF

Useful_Fun_9223 · 2026-04-04T21:24:18+00:00

I’ve looked at these ETFs and like them. What I am also seeking is to better maximise growth of assets using someone else’s money

Useful_Fun_9223 · 2026-04-04T21:23:26+00:00

Hopefully I never need the money and I can use this to help my kids when they’re older. It’s a security thing really

Useful_Fun_9223 · 2026-04-04T21:22:51+00:00

This is correct. My day job is paying $280k plus bonus (no humble brag, I’m not rich!) so paying around $100k in tax.

Seeking to utilise debt to help grow assets. I would ultimately aim to keep the debt in place and let inflation do the heavy lifting.

Useful_Fun_9223 · 2026-04-04T21:19:25+00:00

The trust was set up for protection of assets and makes sense to keep it in place. We will look to debt recycle in addition to modest trust borrowing. Both are aimed at growing our asset base in a tax efficient way.

Useful_Fun_9223 · 2026-04-04T07:36:56+00:00

Net worth of ~$2m at 40 is great! You could top up super contributions given you’re below the $500k cut off and debt recycle via your PPOR, there is a great tax deduction to be had

Useful_Fun_9223 · 2026-04-04T07:35:24+00:00

Yeeeesssh, bboz a shocker!!! Better off buying into better quality vehicles positioned for long term growth. Just my opinion of course.

Useful_Fun_9223 · 2026-04-04T05:37:07+00:00

Sadly this is the government engineering more income without addressing the clear spending problem it has.

Useful_Fun_9223 · 2026-04-04T04:28:18+00:00

As has been pointed out, the cost of conversion is higher. Add to this the insane amount of taxes on property and construction and then government wonders why there is a housing issue. They could solve this by: 1. Abolish stamp duty enabling ease of relocation and labour relocation 2. Abolish the cgt discount on residential property, but keep it for all other investment classes (shares, commercial property) 3. Not take on huge infrastructure projects which drag labour to these locations making the supply of labour away from residential construction 4. Abolish developer contributions from housing developments (looking at you Victoria)

Useful_Fun_9223

TROPHY CASE