Not sure if this is the right forum to post this question regarding the governments proposed changes to the pension asset test
Assuming I had less than $800,000 in assets and was receiving some pension and am married. If I was to invest $100,000 wisely in my property (not over capitalising it) then I would pick up an additional $3 per fortnight per $1000 reduced asset (ie an extra $300 per fortnight or $7800 per annum . That's not a bad return on my investment 7.8% (tax free?) plus any extra return on the value of my property
Any thoughts on whether my logic makes sense
Greggy
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- June 2015 - Emerging strategic opportunities
Not sure if this is the right forum to post this question...
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