NomNom@feddit.uk to Australia@aussie.zoneEnglish · 3 days agoRichest super balances to be taxed at higher rates after Greens agree to back Labor planwww.theguardian.comexternal-linkmessage-square30fedilinkarrow-up158arrow-down11
arrow-up157arrow-down1external-linkRichest super balances to be taxed at higher rates after Greens agree to back Labor planwww.theguardian.comNomNom@feddit.uk to Australia@aussie.zoneEnglish · 3 days agomessage-square30fedilink
minus-squarethatKamGuy@sh.itjust.workslinkfedilinkEnglisharrow-up2·2 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.