The Treasurer’s done a U-turn and it’s shaking up Australia’s super system.

Back in May, Jim Chalmers announced plans to tax unrealised gains on super balances over $3 million.

Fast forward to October, and he’s walking it all back.

No tax on unrealised gains. The $3 million cap is now indexed.

But the damage to public trust? That’s another story.

In this episode, Matt McCabe breaks down:

💥 What’s changed and why it matters

💥 The new 30% and 40% tax tiers

💥 How younger Aussies were almost dragged into the “rich list”

💥 Why this backflip proves the super system is political football

💥 What smart investors and retirees should do next

🎧 Listen now to hear why this “win” for common sense might have come too late for everyday Australians.

Hosted on Acast. See acast.com/privacy for more information.

Connect with Phil Thompson

Website:

https://www.skye.com.au/team

Instagram:

https://www.instagram.com/skye.wealth/

Linkedin:

https://www.linkedin.com/company/skyewealth/about/

Connect with Lionel O'Mally

Website:

https://www.purposeplanning.com.au/

Instagram:

https://www.instagram.com/purposeplanningaus

Linkedin:

https://www.linkedin.com/in/lionelomally/

Connect with Matt McCabe

Website:

https://www.newcastleadvisors.com.au/

Instagram:

https://www.instagram.com/newcastleadvisors

Linkedin:

https://www.linkedin.com/in/m-mccabe/

Phil Thompson’s story isn’t your typical finance career.

He started out flipping through the air as a world-class acrobat… before pivoting into the world of insurance. Now, as the founder of Sky Wealth, Phil has carved out a bold niche: a business dedicated to risk-only advice.

In this episode, Phil shares:

• How circus training shaped his resilience and competitive edge.
• The leap from performing to financial planning.
• Why Sky Wealth only focuses on insurance — and how that helps clients.
• Real-world insights on premiums, mental health disclosures, and business structuring.
• What he’s learned about leadership, money, and backing yourself in business.

It’s equal parts entertaining and eye-opening — perfect for anyone curious about careers, risk, and the mindset it takes to reinvent yourself.

Hosted on Acast. See acast.com/privacy for more information.

What do chess, fitness, and financial planning have in common?

For Victor Idoko from CFV Advisory, they’re all about thinking ahead, making smart moves, and playing for the win.

In this episode, Victor takes us from his childhood in Nigeria — where his parents had very different ideas about money — to building a life and career in Australia. He opens up about the cultural shocks, the lessons that stuck, and how those early money conversations shaped the way he helps clients today.

We chat about his personal investing philosophy, why financial literacy should be non-negotiable, and how focusing on the human side of advice has helped his clients achieve more than they thought possible.

Whether you’re planning your next financial move, curious about the journey of a global Aussie, or just love hearing how life experiences shape great advice, this one’s a cracking listen.

Connect with Victor Idoko

Linkedin: www.linkedin.com/in/victor-idoko-cfa-cfp

Instagram: www.instagram.com/iamvictoridoko

Website: cfvservices.com.au/

Hosted on Acast. See acast.com/privacy for more information.