exit tax on super , page-72

frack, it would be a straight forward capital loss of $75,000, which can only be offset against a capital gain...
if you do not have a capital gain this year, it is carried forward until you do

did you know that those people that rely on the old age pension are receiving roughly the equivalent of $18000 pa for a single pension
which is equivalent to a self funded person needing $300,000 earning 6%, or $400,000 at 5%

as for the tax treatment, once you are at retirement age,
you can earn approximately $30,000 tax free after rebates

on todays earnings, you need in excess of one million earning 3% net
it also helps to own the family home, which is an exempt asset
I wonder when they may decide to include the family home in the asset calculation
apparently the big superfunds will put up a fight against little bill shortens tax grab on superfunds....who knows
as I think they are generally toothless tigers