ETF tax traps, CGT and cost base adjustments with Navarre Trousselot
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What are the proposed tax changes in the 2026 Federal Budget?
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This podcast is proudly brought to you by Perla, the official brokerage platform of Rask. With Perla, you can effortlessly automate your money, whether you're investing in ETFs or shares from Australia or the US stock market. Whether you're a grandparent or setting up a kid's account or your own account, you can do all of that with full automation on Perla.com. If you want to learn more, head to Perla.com slash Rask. And of course, before you invest in anything, be sure to read the legal documents like the PDS and FSG. Thanks for watching this Rask podcast. Hello and welcome to this episode of the RAS podcast. I'll be joined by Navar, the founder of Navexa. Also knows a few things about tax and software engineering.
And we're going to talk to him about budget while he thinks the 2026 budget is the best ever budget for Navexa itself. why tracking your investments and your tax could get a whole lot harder, but you need a tool that could simplify that. So that is the sales pitch. We're going to talk about how CGT on ETFs works, the difference between cost-based adjustments using a tool like Nevexa or something like this. We've got a bunch of 101 tax questions to apply Navar with as well. He's built a suite tool. He's obviously done a few of those things over the years, but He's got one today that's going to talk to us about rebalancing and calculating your tax before you do a rebalance, how to analyze different methods for recognizing taxable gains and losses, which if you have been watching the RAS podcast for a long time, you might know that we got...
About 300,000 people had a glance at the episode last year. So it's a big deal, this whole thing called tax and the share market and ETFs. We're going to kind of get to the bottom of some of the myths there, but we've got a lot to get through. So I hope you enjoyed this episode of the RAS podcast featuring Navar from Navexa. Welcome to the Australian Finance Podcast by Rask. Together, we will improve your relationship with money, discover the world of investing, save more money, and design the life you want. Please don't forget to subscribe to the show on Apple, Spotify, YouTube, or wherever you get your podcasts because we share at least two wonderful episodes every week. You should know that our favorite episodes drop on a Monday and a Friday with bonuses on Wednesdays.
Finally, to hear more from us and get show notes and all those other wonderful things like free courses, head to rask.com.au to find us online. Navar, how are you doing? I'm doing very well. How are you? I'm good. A bit stressed by the old tax changes coming down the pike, but other than that, I'm sleeping.
Yeah, no, they've been super interesting. And I think, like you said in the intro, it's great for Nevexa because the complexity introduced is nuts. And so without using software to do it, it's going to get very complicated very quickly. So whether you like the budget or you hate the budget, I think you're going to hate the budget a bit more after I talk through some of these new changes.
So we will answer a lot of your questions. And it's really important to understand that a lot of the proposals are indeed proposals. At the time of recording, which is the end of May 2026, we don't know what we don't know. And it sounds like a lot of people don't know.
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Chapters
8 chapters
1
What are the proposed tax changes in the 2026 Federal Budget?
0:00–8:45
2
How does capital gains tax work for ETF investors in Australia?
8:45–13:39
3
Why are annual cost base adjustments important for ETF investors?
13:39–21:15
4
What tools can help model rebalancing decisions for ETF investors?
21:15–25:58
5
How does parcel selection affect capital gains tax calculations?
25:58–33:15
6
What are the implications of the new capital gains tax rules post-July 2027?
33:15–37:53
7
Why is accurate record-keeping crucial for ETF investors?
37:53–42:35
8
How can technology simplify tax reporting for investors?
42:35–1:00:55
Speakers
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