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Best ISAs in oz


tingtongman

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I wasn't aware you got ISA's in Oz. There are investment funds. But I wasn't aware there wee tax free ones.

 

Not sure if they are anything like ISA's but insurance bonds maturing with a tax free status (to the investor) after 10 years were very popular in the 80's. You can still get them but they went out of favour a long time in the 90's as managed funds took over the bulk of that money.

 

Here's an example: http://www.2020directinvest.com.au/investor-education/about-investment-bonds.aspx

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