Investors are fully stretched trying to keep up with a remarkable period for markets as a record number of Australians make a 50 per cent profit on the SpaceX IPO, while at home the Treasurer announces the first major Budget backflip with a carve out for testamentary discretionary trusts.

Hugh Robertson of Centaur Financial Services joins Associate Editor, James Kirby in this episode.

In today's show, we cover:

• How the SpaceX bonanza changes Australian share investment forever
• CGT changes: Can the system handle the changeover?
• Trust backflip - A sensible solution
• Will new homes become the hottest thing in property?

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With negative gearing soon to be restricted to new buildings, property economics in the Australian market have been turned upside down: Until very recently, the outer suburbs were the last place investors looked for opportunity. But in the months ahead, the outer suburbs look set to become the new 'hot spot' of the wider market.

Anissa Cavallo of Eda Property joins Associate Editor James Kirby in this episode.

In today's show, we cover:

• Negative gearing never dies, it just moves to the suburbs
• Investors still confused over CGT...but it's simple, you will pay more
• Retirees face a tough choice as forced sellers face a soft market
• So what constitutes a 'new building' under the Budget changes?
  
  

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SpaceX lists today (June 12) and will be followed by two more AI mega-IPOs: OpenAI and Anthropic. Collectively valued at more than $US3.5 trillion, every index fund on the planet will be forced to buy them.

Stockspot founder Chris Brycki joins The Australian's Wealth Editor Julie-anne Sprague to discuss whether this is the opportunity of a generation or the most expensive bag-hold in history.

• The mega float moment: What the SpaceX, OpenAI, and Anthropic listings mean for your portfolio
• ETFs vs. stock picking in a concentrated market
• The ASX's innovation gap and why Australian investors can't afford a home-market bias
• The CGT shake-up and what it means for your investments

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