Highlights from my #Budget2016 tweeting as it happened:
I’ve gone all out with my #budgetsnacks this year #Budget2016 pic.twitter.com/5icjXEx2l1
— Dave Rae (@1DaveRae) May 3, 2016
Huge changes for super with $500k lifetime non-concessional cap and retrospective pension limit of $1.6m #Budget2016 #SMSF
— Dave Rae (@1DaveRae) May 3, 2016
Plenty of tax and #superannuation planning to be done for #HNW #SMSF in lead up to 1 July 2017 #Budget2016
— Dave Rae (@1DaveRae) May 3, 2016
ScoMo is looking after the teachers, police, the hard working (we’ve got an election to win ) everyone has to pay their share #Budget2016
— Dave Rae (@1DaveRae) May 3, 2016
TBC??? – Transfer Balance Cap – time for a new acronym #Budget2016
— Dave Rae (@1DaveRae) May 3, 2016
$40 a pack for cigarettes by 2020 – young Australians will never be able to afford a house if they smoke! #Budget2016
— Dave Rae (@1DaveRae) May 3, 2016
“This isn’t like any other budget” well they are never going to be exactly the same are they? #Budget2016
— Dave Rae (@1DaveRae) May 3, 2016
ScoMo finishes his speech and walks past Malcolm #Budget2016 pic.twitter.com/6UpoVtAp8I
— Dave Rae (@1DaveRae) May 3, 2016
Those 6 #SMSF‘s with more than $100M in them will be paying some tax now! $1.6M pension cap for tax free earnings #Budget2016
— Dave Rae (@1DaveRae) May 3, 2016
Same contribution rules for all individuals aged up to 75, from 1 July 2017. Also removal of the anti-detriment provision #SMSF #Budget2016
— Dave Rae (@1DaveRae) May 3, 2016
