Ann: Prospect sells interest in Arcadia for US$378M, page-441

for sure Ned, yes low or no income earners partners , as long as they don’t run away with the loot with a sailor.

Not minors though , penalty tax rates are levelled on income which is diverted to young children, but a properly registered charity is also exempt from Income tax.

In most cases , a wife , your own home, and superfunds are your best legal havens to take a any degree of tax refuge as a resident of Australia , for income tax purposes don’t get me started on hidden offshore accounts, you’ll be here all day .