The only thing really definite is death. Oh, and taxes. lol Not...

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    The only thing really definite is death. Oh, and taxes. lol
    Not hard to see that no-one can rely on government rules, it has always been thus.
    Best safeguard is to look after yourself by saving and becoming as independent from govt. as possible.
    I remember grabbing out all my super at one point, because not worth holding it because of the taxes. I upgraded my property. Then the rules were relaxed for super so starting piling some cash in. Then the value of that fund fell (during GFC). Removed it all again. Then, put the $150,000 pa in for three years and not moved since. It adds to less then the $500,000 so I have now fluked missing being caught by the latest govt. change.
    Not holding my breath though........
    My house was a good choice though, I think. Who knows? Govt. could decide some time in the future to tax owner-occupied capital gains on houses and thus I get caught out again.
    Once I die, I won't care. lol
 
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