money money money 844 $3m super tax changes, townhouse vs. house, property pyramid schemes, travel money + more
6 snips
Nov 3, 2025 The discussion kicks off with the revised $3 million super tax changes, breaking down tiered rates and no tax on unrealized gains. They debate the merits of a paid-off townhouse versus a larger house later, weighing lifestyle and financial strategies. Tips for transitioning from single to multiple investment properties come into play, as well as red flags surrounding property courses. For travelers, there's advice on the best ways to carry money in New Zealand. Lastly, the team shares how to best manage finances after daycare costs ease, mixing humor and practical insights!
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Revised $3M Super Tax Bands
- The $3 million super tax was revised to avoid taxing unrealised gains and split rates across bands: 15% up to $3M, 30% $3M–$10M, 40% above $10M.
- The changes start 1 July and the thresholds will be indexed, easing initial concerns about unrealised gains.
Check LISTO If You’re A Low Earner
- The government increased the low income superannuation tax offset (LISTO) to $810 to offset higher tax burdens for low earners.
- Check LISTO eligibility if you earn low income to avoid paying more tax inside super than outside it.
Separate Lifestyle From Financial Goals
- When choosing between a smaller paid-off home and a larger longer-term mortgage, separate financial goals from lifestyle needs before deciding.
- Evaluate your priorities, buffer capacity, and how much weekly repayment you feel comfortable servicing.
