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4 months ago General
As a parliamentary inquiry unpacks the potential impacts of the government's proposed changes to capital gains tax and negative gearing, financial advisors are warning self-managed super funds (SMSFs) could appeal to some as a safe haven. Sarah Abood, chief executive of the Financial Advice Association of Australia, says some investors are already looking to set up self-managed super funds to make use of exemptions to the new CGT regime. She says the settings expose potential investors to scams and is calling on the federal government to address the risks.
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