Your retirement plan’s CGT shock (with Adrian Raftery)

For a generation, Australian investors were advised to hold their investments until they retired. Then once they entered tax-free retirement, they could largely sidestep CGT tax. This central plank of financial advice is finished: Every retiree will now pay a minimum 30 per cent tax and nobody will escape.Dr Adrian Raftery, author of '101 ways to save money on your tax - legally' joins Associate Editor, James Kirby in this episode. In today's show, we cover: The shock change to investor retirement benefits How the CGT new minimum rate is the sleeper issue for long-term investors Examining how tax planning must reflect the wider budget changes My shares have gone to zero - can I claim a tax loss? See omnystudio.com/listener for privacy information.