Apparently one of the oldest shit posts 🤣

GM and good morning a happy green portfolio!

So it’s confirmed Australia is moving forward to tax unrealised gains in superannuation accounts exceeding $3 million effective from 1 July 2025.   I think that brings the tax rate to 30% on earnings for total super balances above $3 million. Ouch for those people who will be forced to sell assets…illiquid assets 😳 One of the biggest misconceptions is that these kinds of taxes are “only for the ultra-wealthy” and not worth worrying about…