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Revised draft ‘needs more work’: SMSFA

“Having now had an opportunity to review the draft bills, it is our view that the revised legislation needs more work. We understand Treasury’s desire for simplicity, and we accept simplicity often comes at the expense of unfair outcomes for a small minority, but right now Treasury hasn't got this balance right,” Peter Burgess told SMSF Adviser. “There are too many scenarios, which are not...

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