Gday Ed, fancy finding you here mate

While these proposed land tax changes look terrible, its hard to predict if it will actually go through.

I think it might’ve been Dale GG’s book that said there have often been proposed attacks on trusts that rarely ever get up. Apparently politicians like to throw these curve balls to look like they care for the little people but often they get nowhere. Reason: They and their backers also use trusts and its not in their best interests to do so.

I believe theres also been talk of taxing trusts like companies. If both changes got up where does that leave the investor in the big picture?

Certainly worth thinking about these 'what if' scenarios, but I don’t think we have much choice other than, to use the best method for the here and now. If such a change did get up, we couldn’t know in exactly what form they might be in.

Guess that’s my way of saying I don’t have a clue what we could do about it, yet!