The federal budget has outlined the government’s approach to some key issues for the SMSF industry. In this special budget episode, hosts Aaron Dunn and Miranda Brownlee discuss whether the quieter budget this year is the calm before the storm with the government still in the process of legislating an objective of super. They also discuss in detail the tweaks made to the non-arm’s length expenses rules and industry disappointment. With tax revenue estimates still the same for the $3 million threshold, Aaron and Miranda also touch on the likelihood of the tax calculation measure remaining the same and what changes are needed with this measure. They also outline what was missing from the budget, including an update on the SMSF residency rules.