Claiming a tax deduction for after-tax contributions

Explore how AI tools like ChatGPT can support (and mislead) your financial planning, understand key differences between pre- and post-tax super contributions, and unpack SMSF concerns around ETF custodial ownership. In this Friday Q&A episode of The Australian Finance Podcast, Owen Rask and Gemma Mitchell unpack some of the most common and timely questions we’re seeing right now around AI, superannuation strategies and SMSF investing. With tools like ChatGPT becoming part of everyday decision-making, we talk about where AI can genuinely help with money organisation and planning, where it falls down, and why judgement, context and regulation still matter when real money is on the line. We also step through practical super contribution questions that confuse a lot of people, and clear up concerns around ETF custodial ownership for SMSFs. If you like this episode of The Australian Finance Podcast, make sure to subscribe on Apple, Spotify, YouTube, or your favourite podcast app. And follow us on Instagram and TikTok for more free insights. Topics Covered – Can ChatGPT help with your financial planning? – Where AI tools are useful (and risky) with money – Are AI-generated return estimates for super reliable? – Target date funds: what they are & how Aussies use them – What SMSF investors need to know about ETF custodial ownership – Betashares Direct & other SMSF platform structures – Pre-tax (concessional) vs post-tax (non-concessional) contributions – How to claim a tax deduction for super contributions – Why timing & paperwork matter for pre-tax strategies – Practical steps to avoid breaching your super caps Resources for this episode 📄 Learn more about this episode: – ChatGPT and Financial Planning – ASIC Guidelines - https://moneysmart.gov.au – ATO guide to Super Contributions - https://www.ato.gov.au Show partner resources Join Pearler using code “RASK” for $15 of Pearler Credit: https://bit.ly/Pearler Get 50% off your first two months using PocketSmith: https://bit.ly/R-PocketSmith View Betashares range of funds:  https://bit.ly/beta-25 Rask resources All services: https://bit.ly/R-services Financial Planning: https://bit.ly/R-plan Invest with us: https://bit.ly/R-invest Access Show Notes: https://bit.ly/R-notes Ask a question: https://bit.ly/R-quest We love feedback! https://raskau.typeform.com/to/ZbfHy6IP Follow us on social media: Instagram: https://www.instagram.com/rask.invest TikTok: https://www.tiktok.com/@rask.invest DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg

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