The $3 million super tax has been headline news around the country over the past couple of weeks and has finally made the front pages of the mainstream media. In this episode of the SMSF Adviser Show, hosts Keith Ford and Aaron Dunn highlight a critical aspect of the debate that has captured the media’s attention: the difference between the perception and the reality of the implications of the Division 296 tax.

Listen as they discuss:

• The misconceptions and a lack of understanding about the legislation's nuances.
• The political dynamics surrounding Div 296 and its complexities.
• The broader implications of Div 296, particularly its potential impact on estate planning and family businesses.
• The need for advisers to play a crucial role in guiding clients through the complexities of the new tax laws.

In this week’s episode of Relative Return Insider, AMP chief economist Shane Oliver joins the show to break down the Reserve Bank’s recent decision to cut interest rates to their lowest level since early 2023, and how it highlights a notable pivot in the central bank’s stance.

Oliver also explores the ripple effects of unpredictable US tariff policies, bond market volatility, and the evolving role of cryptocurrencies like bitcoin amid fiscal uncertainty, as well as the different scenarios facing the Australian and global economies.

Tune in to hear:

• Why the RBA’s dovish pivot signals a deeper concern for growth over inflation.
• How US trade policy unpredictability could drag on Australia’s outlook.
• Why unemployment risks are now central to RBA’s monetary strategy.
• Whether there is value in viewing bitcoin as a hedge amid concerns over US debt sustainability.

In this episode of The ifa Show, host Keith Ford is joined by Fraser Jack, founder of The Cyber Collective, to delve into the longstanding issue of giving financial advisers access to the ATO portal and why the Tax Office might be hesitant to open the door.

Jack also touched on the CPS 230 regulation, which will come into force on 1 July, explaining that advisers will be under even heavier scrutiny from APRA-regulated entities to ensure their cyber security is up to their new standards.

Listen as they discuss:

• How advisers can shore up their cyber security in preparation for ATO portal access.
• What can be learned from the recent attacks on superannuation funds.
• Why advisers should be discussing cyber security with their clients.