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Experts warn new Australian tax laws could lead to ‘great theft’

Experts Warn New Australian Tax Laws Could Lead to ‘Great Theft’ and Alter Superannuation Perceptions Amid Unrealised Gains Taxation.

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Dr. Steve Enticott critiques Australia’s new tax laws

 

In Short:
Dr. Steve Enticott is concerned about new Australian tax laws taxing unrealised gains, calling it the ‘great theft’ as taxpayers will pay tax on assumed profits without actual transactions. He warns that these changes could significantly impact superannuation and retirement savings for many Australians, urging individuals to stay informed and prepared.

Dr. Steve Enticott has raised concerns regarding recent changes in Australian tax laws.

He refers to these changes as the ‘great theft.’

The new tax structures involve taxing unrealised gains on assets.

This means individuals pay tax on assumed profits without actual transactions taking place.

If an asset’s value doesn’t increase, taxpayers will not receive any refunds for the tax paid.

Dr. Enticott warns this could have a significant impact on a broader segment of the population over time.

He predicts that the perception of superannuation in Australia may shift as these laws take effect.

The discussion highlights the potential long-term consequences of these tax changes.

There is a growing need for individuals to stay informed about evolving tax laws.

Understanding these changes is crucial for managing superannuation effectively.

The implications of taxing unrealised gains could affect retirement savings for many Australians.

Dr. Enticott’s insights urge citizens to carefully consider how tax policies may influence their financial futures.

Awareness and preparedness are essential in navigating these new tax regulations.

As the situation develops, it is important for individuals to seek information and advice.

The evolving landscape of tax laws may reshape financial planning for years to come.

Dr Steven Enticott is a finance professional, speaker, regular columnist, and author of The Man With A Plan.

For more information www.ciatax.com.au

Money

RBA rate shock: ASX200, Gold and Crypto market

RBA’s interest rate shift impacts ASX200, AUD; gold/silver rebound analyzed amidst upcoming economic data and crypto market navigation.

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RBA’s interest rate shift impacts ASX200, AUD; gold/silver rebound analyzed amidst upcoming economic data and crypto market navigation.


The RBA’s latest interest rate decision has sent ripples through the ASX200 and AUD, leaving investors weighing what comes next. We break down how these changes could affect global equities ahead of this week’s crucial non-farm payroll and consumer price index releases.

Zoran Kresovic from Blueberry Markets shares his analysis on the rebound in gold and silver after recent market turbulence, and what factors could drive further gains or sell-offs in the commodities market.

We also dive into the current state of cryptocurrencies, exploring how investors can navigate volatility and what to watch as economic data continues to shape market sentiment.

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#RBA #ASX200 #GoldMarket #SilverRebound #CryptoUpdate #InvestingTips #MarketVolatility #EconomicOutlook


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Dow hits record while tech stocks drive market gains

S&P 500 rose 0.7% with Nvidia and Broadcom driving gains; investors await delayed January jobs and inflation reports.

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S&P 500 rose 0.7% with Nvidia and Broadcom driving gains; investors await delayed January jobs and inflation reports.

The S&P 500 rose 0.7% on Monday, powered by gains in technology stocks, while the Dow Jones Industrial Average hit new heights. Investors are eagerly awaiting crucial economic reports this week.

Nvidia and Broadcom were among the standout performers, climbing 3% and 4% respectively, continuing the momentum from the previous session. The market rebound comes after significant losses earlier last week, with the Dow exceeding 50,000 for the first time ever on Friday.

Investors now turn their attention to the delayed January jobs report from the Bureau of Labor Statistics, due Wednesday, and the consumer price index for January, expected Friday with a 2.5% annual rise.

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Tech stocks slide as investors rotate into small-cap and value plays

Nasdaq drops 1.84% amid turbulent week; investors pivot to cyclical and value sectors from high-growth tech.

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Nasdaq drops 1.84% amid turbulent week; investors pivot to cyclical and value sectors from high-growth tech.

U.S. equity markets wrapped up a turbulent week with mixed results. The Nasdaq Composite fell 1.84%, marking its worst week for large-cap technology stocks since November, while the S&P 500 remained largely unchanged. Investors are weighing concerns about artificial intelligence and potential overinvestment in high-growth areas.

Meanwhile, smaller-cap and value-oriented stocks continued to add to their year-to-date gains. Market participants rotated into cyclical sectors that had lagged, reflecting a shift in investor sentiment and appetite for risk outside the traditional tech heavyweights.

Analysts say this rotation highlights the broader market’s evolving dynamics, as growth concerns collide with opportunities in underappreciated areas. Stay tuned for further developments as the market digests these trends.

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