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Expat Chat Ep 47 – How Does A Labor Election Victory Affect Expats

Expat Chat Ep 47 – How Does A Labor Election Victory Affect Expats

 

Welcome to our forty seventh episode of #Expatchat where we discuss the latest tax and financial issues affecting an #Australianexpat.

In today’s Expat Chat we discuss how the recent Labor party victory at the Australian Federal election and how it affects Australian expats.

For most Australian expats it would not come as a surprise (and for some a relief) that the Albanese led government was elected to power in the recent election but what does this mean for Australian expats.

As the Liberal party gets escorted out of office there are a lot of legislative polices that potentially could affect Australian expats with the most notable one being the changes to the tax residency rules.

Discussion Points on Todays Podcast Episode

 

In this episode we run through the following topics:

  • How is the new Labor government different to Labor parties of the past?

  • Will the new government follow through with the proposed tax residency rule changes?

  • Will the SMSF rules that the Liberal party proposed in 2021 be enacted by the Labor party?

  • Australian expat Q&A – we answer a couple of questions that have been submitted through the form below on the topic of managing a property as a expat and whether to use a offset or redraw account to manage cashflows.

Links that we discussed in this episode include:

 

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