James Kirby

Press, press, never to mention that, folks.

Really good insight there, which is what this show is all about.

Okay.

There's a couple of other things we're going to talk about, but one quick thing I want to put to you is similar in terms of insights and observations.

If the CGT rate for most people, most of the time on most assets has become higher, effectively higher because the discount isn't as good as it used to be,

But in self-managed super funds, it remains unchanged.

Then is this a win for self-managed super funds?

And does it actually really add to their attractions?

I mean, I think it does.

But can you kind of challenge that view or take it on?

Yeah.

And, you know, I mean, I'm thinking out loud here, but in a way, it's a bit disheartening that rushing into a pension is the answer here.

But it just shows the lack of incentive that was in the budget.

There's so much sort of smothering of incentive.

And it's understandable the clampdown in some ways, particularly negative gearing.

But the lack of incentive is very disappointing.

One thing you said there, Liam, about the superannuation, the amount you can put into super pre-tax, that is a concession basis.

Every year, when Liam said it goes up to $32,500 next year, you mean next financial year, right?

From July?

Yeah.