this post was submitted on 13 Jun 2025
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[–] pHr34kY@lemmy.world 2 points 21 hours ago* (last edited 21 hours ago)

What FUD.

It's bugger-all work to slap those calcs together. The ledgers are already unitised at member level and it's only a couple of function calls to calculate unrealised gains for a given period.

Even for defined benefit funds, you can pull quotes at two different dates to calculate gains with very little effort.

[–] incogtino@lemmy.zip 3 points 1 day ago

This is a good article

TLDR:

Super funds already calculate your change in value of super assets, but not the taxable income on an individual basis, therefore the current proposal is minimally burdensome compared to only taxing realised gains