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Hey Ausfinance!
So I (30m) have recently started a new role earning $150k a year. I have had only extras cover up to this point. From my understanding, there are no benefits at tax time if my current income remains at this level.
My partner of 3 years is on $110k a year and also has extras cover only.
We have done taxes separately up until this point but looking to combine this FY if it makes sense to.
Based on the taxable incomes above, can anyone please help me understand whether taking on hospital cover either individually or as a couple is worthwhile, and if so, which funds are worth a look?
Thanks all!
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