Published on 01 Nov 04
by "TAXATION IN AUSTRALIA" JOURNAL ARTICLE
Many years ago we set sail for a far off land called 'Supervania' - a land that promised a holy grail of high earnings, low costs and tax effective funding for retirement assets. The journey has provided many unexpected - and in some cases - alarming discoveries. Many of our original craft are still 'en route', however, one suspects that many have failed the 'sole purpose' test of reaching 'Supervania'. Indeed, some may have lost their 'map', known as a Current Investment Strategy! Despite these problems, many clients continue to set sail, seemingly oblivious to the perils of the journey.