Think Your Super’s Safe From This New Tax? Think Again.

Send us Fan MailWith Division 296 set to kick in from July, Aussies with over $3 million in super could be hit with a new tax, and for some, that bill could run into the millions.In this episode of The Winner’s Playbook, Josh and Billy break down how Division 296 works, who it affects, and why it’s causing such a stir. They unpack the real-life case of a self-managed super fund holding over $1.7 billion in shares and explore what this new tax means for high-net-worth investors, farmers, and anyone with illiquid assets in super.They also explain why super is still one of the most tax-effective ways to build wealth, how other structures like family trusts and investment bonds compare, and what you can do if your balance is creeping toward the limit.If you’re planning for retirement or just want to understand what these changes could mean for your future, this episode is packed with smart insights straight talk and real strategies.----Want to find an Adviser that suits your financial needs:https://www.linkwealth.com.au/Get in touch with Josh: https://www.linkwealth.com.au/josh-lee-link Get in touch with Billy:https://www.linkwealth.com.au/billy-norman-linkJosh's TikTok:  https://www.tiktok.com/@joshleefinadv Billy's TikTok:  https://www.tiktok.com/@billynormanfp    Sign up to Link Wealth Group’s newsletter, Wealth Simplified: https://www.linkwealth.com.au/wealth-simplified   Our Financial Services + Credit Guide: https://www.linkwealth.com.au/financial-services-and-credit-guide ----    General advice disclaimer: The information contained within this podcast is general in nature and does not take into account your personal circumstances. Please reach out if you wish to discuss your personal situation.