Australian Government Economic Summit 2025: Deeming Rate Rise Signals Wealth Tax Changes as Albanese Targets Pension Access

This week's economic summit coincided with a surprise move by the Albanese government to lift the deeming rate for the first time in four years: The measure reduces access to the pension for wealthier Australians.

This week's economic summit coincided with a surprise move by the Albanese government to lift the deeming rate for the first time in four years: The measure reduces access to the pension for wealthier Australians. Moreover, it's exactly the sort of change that advisers have warned are set to come down the line as Treasurer Jim Chalmers exerts his influence in the second term government.

Will Hamilton of Hamilton Wealth Partners joins Associate Editor - Wealth James Kirby in this episode.


In today's episode we cover
Deeming rate lift -The first move?
 Super tax confirmed unchanged  
CGT and negative gearing - Key risks
Save the super performance tests 

This week's economic summit coincided with a surprise move by the Albanese government to lift the deeming rate for the first time in four years: The measure reduces access to the pension for wealthier Australians. Moreover, it's exactly the sort of change that advisers have warned are set to come down the line as Treasurer Jim Chalmers exerts his influence in the second term government.
Will Hamilton of Hamilton Wealth Partners joins Associate Editor - Wealth James Kirby in this episode.
 In today's episode we cover
<ul>
<li>Deeming rate lift -The first move?</li>
<li> Super tax confirmed unchanged&nbsp;&nbsp;</li>
<li>CGT and negative gearing - Key risks</li>
<li>Save the super performance tests&nbsp; </li>
</ul>

Unlock your wealth potential with The Money Puzzle.

Featuring two power-packed episodes each week packed with smart money-making strategies, from superannuation to investing in shares, plus in-depth analysis of property markets.

Get tips from leading experts and practical tools to help build lasting wealth.

Submit your questions at themoneypuzzle@theaustralian.com.au. 

Unlock your wealth potential with The Money Puzzle.
Featuring two power-packed episodes each week packed with smart money-making strategies, from superannuation to investing in shares, plus in-depth analysis of property markets.
Get tips from leading experts and practical tools to help build lasting wealth.
Submit your questions at <a href="mailto:themoneypuzzle@theaustralian.com.au">themoneypuzzle@theaustralian.com.au</a>.&nbsp;

The Australian’s Money Puzzle covers all important finance and property topics.

The Money Puzzle

Every week, The Australian's James Kirby delivers two power-packed episodes featuring in-depth analysis of property markets and smart money-making strategies.

Unlock your wealth potential with The Money Puzzle.

Featuring two power-packed episodes each week packed with smart money-making strategies, from superannuation to investing in shares, plus in-depth analysis of property markets.

Get tips from leading experts and practical tools to help build lasting wealth.

Submit your questions at themoneypuzzle@theaustralian.com.au.

Unlock your wealth potential with The Money Puzzle.
Featuring two power-packed episodes each week packed with smart money-making strategies, from superannuation to investing in shares, plus in-depth analysis of property markets.
Get tips from leading experts and practical tools to help build lasting wealth.
Submit your questions at themoneypuzzle@theaustralian.com.au.

Will the economic summit trigger wealth tax changes? 

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/5dc1293a-2079-4b85-a51a-b340005d004b/transcript

Is your home the worst investment you’ll ever make?

If it wasn’t said by a top financial adviser, you might dismiss it as a quote out of context, but  Partners Wealth Group Jack Tossol is not kidding: He says a generation that has ‘sunk everything’ into the family home will miss the chance to have a successful tax-deductible investment plan.

If it wasn’t said by a top financial adviser, you might dismiss it as a quote out of context, but  Partners Wealth Group Jack Tossol is not kidding: He says a generation that has ‘sunk everything’ into the family home will miss the chance to have a successful tax-deductible investment plan.

It’s a provocative notion, challenging die-hard principles of money management, but with house prices moving higher again...you have to listen.

Financial adviser Jack Tossol of Partners Wealth Group joins Associate Editor - Wealth, James Kirby,  in this episode.

In today’s show, we cover


No tax deduction, no income…Is home ownership overrated?


Why ‘Rentvesting’ is worth revisiting


Are you facing decades of ‘dead money' in your home mortgage?


Challenging the ‘retirement sweet spot’

Please note, this is a repeat episode of The Money Puzzle. It originally aired in August 2025.

If it wasn&rsquo;t said by a top financial adviser, you might dismiss it as a quote out of context, but &nbsp;Partners Wealth Group Jack Tossol is not kidding: He says a generation that has &lsquo;sunk everything&rsquo; into the family home will miss the chance to have a successful tax-deductible investment plan.
It&rsquo;s a provocative notion, challenging die-hard principles of money management, but with house prices moving higher again...you have to listen.
Financial adviser Jack Tossol of Partners Wealth Group joins Associate Editor - Wealth, James Kirby,&nbsp; in this episode.
In today&rsquo;s show, we cover
<ul>
<li dir="ltr">
No tax deduction, no income&hellip;Is home ownership overrated?
</li>
<li dir="ltr">
Why &lsquo;Rentvesting&rsquo; is worth revisiting
</li>
<li dir="ltr">
Are you facing decades of &lsquo;dead money' in your home mortgage?
</li>
<li dir="ltr">
Challenging the &lsquo;retirement sweet spot&rsquo;
</li>
</ul>
Please note, this is a repeat episode of The Money Puzzle. It originally aired in August 2025.

Summer series: Is your home the worst investment you’ll ever make?

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/854a6756-5733-45bd-ac6e-b3b6001ccb07/transcript

FIRE - Financial Independence, Retire Early - Could you do it?

What is the FIRE movement and how did it get started? It's not a club or a cult: It doesn't have a headquarters, rather it's a set of investment principles: And it just might be a breakthrough for you in the year ahead.

What is the FIRE movement and how did it get started? It's not a club or a cult: It doesn't have a headquarters, rather it's a set of investment principles: And it just might be a breakthrough for you in the year ahead.

Lionel Lee joins  James Kirby in the episode.

--------
In today's show, we cover:
The key principles of FIRE
Getting the best from what the movement has to offer
A case study that spans a lifetime
The realities of  'firing up'

Please note, this is a repeat episode of The Money Puzzle. It originally aired in December 2024.

What is the FIRE movement and how did it get started? It's not a club or a cult: It doesn't have a headquarters, rather it's a set of investment principles: And it just might be a breakthrough for you in the year ahead.
Lionel Lee joins&nbsp; James Kirby in the episode.
-------- In today's show, we cover:
<ul>
<li>The key principles of FIRE</li>
<li>Getting the best from what the movement has to offer</li>
<li>A case study that spans a lifetime</li>
<li>The realities of&nbsp; 'firing up'</li>
</ul>
Please note, this is a repeat episode of The Money Puzzle. It originally aired in December 2024.

Summer series: FIRE - Financial Independence, Retire Early - Could you do it?

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/d7826711-9763-48d5-b4a5-b3b6001e3529/transcript

Margot Robbie to 'Citizen Kane': Unpacking the essential money movies with Stephen Romei

Who doesn't love a good movie?  Power, romance, ambition, betrayal...actually, that sounds more like a classic 'money movie'. 

Who doesn't love a good movie?  Power, romance, ambition, betrayal...actually, that sounds more like a classic 'money movie'. In this special holiday show, The Australian's film critic Stephen Romei,  guides us through the best movies about money. 

Stephen Romei, The Australian's film critic joins Associate Editor - Wealth, James Kirby in this special episode.

In today's edition, we cover:
Money movies - Do they tell us anything useful?
Margot Robbie's double act - How she features in two all-time greats
'The Bank' - Australia's unique contribution to money movies
Movies you never thought were about money (but tell you more than Wall Street)

Who doesn't love a good movie?&nbsp; Power, romance, ambition, betrayal...actually, that sounds more like a classic 'money movie'. In this special holiday show, The Australian's film critic Stephen&nbsp;Romei,&nbsp; guides us through the best movies about money.&nbsp;
Stephen Romei, The Australian's film critic joins Associate Editor - Wealth, James Kirby in this special episode.
In today's edition, we cover:
<ul>
<li>Money movies - Do they tell us anything useful?</li>
<li>Margot Robbie's double act - How she features in two all-time greats</li>
<li>'The Bank' - Australia's unique contribution to money movies</li>
<li>Movies you never thought were about money (but tell you more than Wall Street)</li>
</ul>

Money Movies - The Australian's film critic picks his all-time favourites  

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/85b0e63b-9fd2-4d3f-bfb8-b3b60030292e/transcript

Will the economic summit trigger wealth tax changes?

In 1 playlist(s)

The Money Puzzle

Social links

Follow podcast

Recent clips