NomNom@feddit.ukBanned to Australia@aussie.zoneEnglish · 18 days agoRichest super balances to be taxed at higher rates after Greens agree to back Labor planwww.theguardian.comexternal-linkmessage-square30linkfedilinkarrow-up159arrow-down11
arrow-up158arrow-down1external-linkRichest super balances to be taxed at higher rates after Greens agree to back Labor planwww.theguardian.comNomNom@feddit.ukBanned to Australia@aussie.zoneEnglish · 18 days agomessage-square30linkfedilink
minus-squarethatKamGuy@sh.itjust.workslinkfedilinkEnglisharrow-up2·18 days agoIf you have $3m in Superannuation, with a standard 6% ROI annually, you could spend $180K of “earned interest” every year without ever touching your principal.
If you have $3m in Superannuation, with a standard 6% ROI annually, you could spend $180K of “earned interest” every year without ever touching your principal.