James Kirby

The essential point I wanted to just develop, Liam, in terms of gold, are you saying that gold was good anyway?

Gold has its uses.

Many people believe, some of the most influential people in the world, I would add, in terms of wealth advisors, I'm thinking of Morgan Stanley, etc., say that the outlook for gold remains very strong because of a variety of reasons, including persistent inflation, etc., not to mention that old chestnut uncertainty, which, by the way, is always there.

But in relation to gold...

Are you saying that gold becomes more attractive?

Is there something to do with the tax changes in the budget that makes gold more attractive, or is that just a coincidence?

Can you just explain it a little bit more, Liam?

It's a really good idea, but could you just articulate it for the everyday investor?

Right.

Oh, I see.

So it's riding along, basically, surfing along in tandem.

Yeah.

Okay.

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?