Welcome back to another episode of the 360 Money Matters Podcast!
In this episode, we pull back the curtain on the tax strategies that help wealthy Australians preserve their wealth. We walk through the importance of after-tax returns, not just what you earn but what you keep after the tax office takes its share. We cover different investment structures available in Australia, from discretionary trusts to superannuation, and why choosing the right structure early matters more than most people realize. We discuss good debt versus bad debt, the timing of asset sales, and how to create tax-efficient income streams. We also touch on estate planning strategies, including testamentary trusts and superannuation recontribution strategies that can minimize tax when passing wealth to the next generation.
If you want to understand how to structure your finances more effectively and keep more of what you earn, this episode breaks down the strategies in plain terms.
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This podcast contains information that is general in nature. It does not take into account the objectives, financial situation, or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information. This information is provided by Billy Amiridis & Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorized representatives and credit representatives of Akumin Financial Planning – AFSL 232706
Episode Highlights
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After-tax returns and why they matter more than gross investment returns
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Using discretionary trusts for income distribution
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Superannuation as the most tax-effective structure in Australia
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Timing asset sales to minimize capital gains tax
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Good debt versus bad debt strategies
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Tax-efficient income streams
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Strategies for those over 60 still working to accelerate wealth
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Estate planning through testamentary trusts
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Superannuation recontribution strategies
