Kel Galavan
π€ SpeakerAppearances Over Time
Podcast Appearances
A lot of questions, to be honest.
So I'm going to say I am really pro anything that puts more money in the average person's pocket.
We are in a cost of living reality.
I don't think it's a crisis anymore.
Crisis would kind of imply that it's acute and it might go away.
Temporary, yeah.
This is chronic.
This has been going on for a long, long time.
So I believe...
Unfortunately, that this is our life going forward and with everything that's going on, it may not get better anytime soon.
So anything, anything that helps people keep a bit more money or have hope that it will grow over time is a good thing in my book.
But to answer your question, one of my questions, I have a lot.
So will this be a savings type scheme or an investment type scheme?
Will it be a mix of both?
We need clarity on that.
When they say simple, is it going to be relatively simple compared to what we have already?
And we have a complex tax system, depending on how you look at it.
Or will it be managed by whoever is taking care of it?
And if so, if the administration and the tax has been managed by the bank or the institution or whatever, well, what cost does that come at?
Because you can't expect a company to take on something like this without a fee.