Liam Shorte
speaker
320 appearances
2 recordings
1 series
first heard May 2026
last heard 7 Jul
Liam Shorte’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 2 in all, peaking in Jul 2026 with 1.
Appearances
That asset protection side of it is gone.
Right, right.
I think they may seriously consider it because it's not only the fact that they may need to work hard to get it through Parliament.
but now you've got the whole legal fraternity turning on them.
And I'm sure there's going to be court cases, there's going to be challenges, so that the fine print is going to be absolutely ripped apart.
So this is one, it's probably one easy one for the government to back off and say,
Look, we hadn't realized how much it would affect people that benefit from testamentary trusts.
Family trusts are slightly different because that's when you're alive.
And that's seen as sort of being unfair to people earning normal money.
But testamentary trusts were designed to protect people.
beneficiaries in the long term.
It's a totally different.
Yeah, I think there has to be because basically, you know, you think in terms of they're saying they want people to be treated who earn money the same as people who have assets.
But when you're talking in terms of a small business owner,
You might buy a property for a million dollars as an individual investor, but for a small business owner, they may start a company and start a business with $100.
the inflation adjustment, it makes no change to that.
After 10 years, even if they've grown the business, you add inflation to $100 and you're probably talking $200 as your cost place.
And you may have built a big business.
You've done your blood, sweat and tears.
You've sacrificed everything, low salaries, probably no salary for the first five or six years.
Showing 261–280 of 320 · page 14 of 16
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