Discretionary trusts crackdown short-sightedBY KARREN VERGARA | FRIDAY, 4 AUG 2017 11:21AMThe Labor government's proposed crackdown on discretionary trusts is "short-sighted" and "anti-family" given the broader tax system isn't operating on a level playing field, an industry expert says. Related News |
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John Burke
GLOBAL CHIEF EXECUTIVE OFFICER
BENNELONG FUNDS MANAGEMENT LTD
BENNELONG FUNDS MANAGEMENT LTD
Bennelong Funds Management is like a mainline into the jugular of Australia's financial advice sector, with more than 6500 advisers channelling capital to its funds. But its global chief executive John Burke says the job's not done yet. Andrew McKean writes.
Being short-sighted and family-unfriendly is a bad thing when you are deciding on a budget for an educational institution. People have to pay much tax already. If they see no changes to the tax system, they will have to look for other resources of education. Thanks for sharing the story. It's good to know where the country is at and what should you do to keep on track with the events.