Investors are fully stretched trying to keep up with a remarkable period for markets as a record number of Australians make a 50 per cent profit on the SpaceX IPO, while at home the Treasurer announces the first major Budget backflip with a carve out for testamentary discretionary trusts.

Hugh Robertson of Centaur Financial Services joins Associate Editor, James Kirby in this episode.

In today's show, we cover:

• How the SpaceX bonanza changes Australian share investment forever
• CGT changes: Can the system handle the changeover?
•  Trust backflip - A sensible solution
• Will new homes become the hottest thing in property?