James Kirby

That's also something really worth talking about and thinking about, folks.

Okay, we'll be back in one second.

Lots more to talk about.

Hello, welcome back to the Australian's Money Puzzle podcast.

James Kirby here with Liam Short of the Sonas Wealth Group, S-O-N-A-S.

Now, folks, I think I'm going to give Liam the opportunity here as a sensible person

rational advisor to say what many advisors have been saying.

And it's important, I think, to hear him out on the mechanics and logistics of this.

This is a budget that is quite dramatic and quite wide ranging.

But at this stage, it's a piece of paper.

It has not been through Parliament.

And as we know, as us seasoned investors know, by the time stuff gets through Parliament, it can look very different.

If you think about the super tax, it was supposed to be on unrealized gains.

We had a lot of argy-bargy around that.

And in the end, it wasn't an unrealized gain.

So things can really change.

So Liam, what are you telling your clients?

You're saying get ready, get informed, but don't make big moves until you see this legislated.

Indeed.

Okay.