SCAM ALERT: Morgans urges you to be wary of investment scams circulating online and on social media. You can read more about how you can protect yourself here.

Stockbroking
Our stockbroking services
Buy and Sell Shares
Exchange Traded Funds (ETFs)
ESG Investing
IPOs & Share Offers
Fixed Interest
Options and Warrants
Margin Lending
Quick Links
A guide to investing
A beginners guide to shares
Understanding fixed interest securities
ESG Conscious Investors
Qualified Investor Panel
Wealth Management
Building your wealth
Financial Planning
Portfolio Construction
Tax Planning
Personal Insurance
Retirement and Estate Planning
Superannuation
Self-Managed Super Fund (SMSF)
Aged Care
Not For Profit
Portfolio Administration
Quick Links
How much super is enough?
Financial Planning for a Family
Financial Planning in your 20s
Financial Planning for Retirement
What is an SMSF?
SMSF Investment Strategy
What to do when you receive a large inheritance
Research
Our research
Our research team
Company coverage
Research notes
Corporate
Corporate advisory services
IPOs and Share Offers
Our corporate team
Institutional
Institutional advisory services
Our institutional team
Insights
About us
Who we are
Our story
Our network
The Morgans Foundation
Our partnerships
Big Dry Friday
Women in Wealth
Our Board
Morgans Holdings (Australia) Limited Board
Morgans Financial Limited Board
Careers
Our programs
Our recruitment process
Find a branch
Find an adviser
Contact us
Log in
Find a branch
Find an adviser
Vector
Category
Vector
All-time
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
6
August
2026
This is some text inside of a div block.
This is some text inside of a div block.
min read
When you tax one part of me, you tax all of me
Ken Howard (AR: 000259290)
Private Client Adviser
Housing, taxation and productivity - and why renters need investors
Find out more
CoreData Licensee Awards 2025_Licensee of the Year
CoreData Licensee Awards 2025_Licensee of the Year
AIRA Best Practice Awards
AIRA Best Practice Awards
AIRA Best Practice Awards
AIRA Best Practice Awards
Who we areInsightsMorgans FoundationCareersMedia & Awards
StockbrokingWealth ManagementResearchCorporateInstitutional
Research policiesPolicies & terms of useSecurity and scamsHelp, support & formsPodcasts & videosGlossary
Copyright © 1996-2026 Morgans Financial Limited. All rights reserved. ABN 49 010 669 726 | AFSL 235410 | A participant of ASX Group.

Ready to begin your journey?

Contact us
Preferences

Privacy is important to us, so you have the option of disabling certain types of storage that may not be necessary for the basic functioning of the website. Blocking categories may impact your experience on the website.

Accept all cookies

These items are required to enable basic website functionality.

Always active

These items are used to deliver advertising that is more relevant to you and your interests.

These items allow the website to remember choices you make (such as your user name, language, or the region you are in) and provide enhanced, more personal features.

These items help the website operator understand how its website performs, how visitors interact with the site, and whether there may be technical issues.

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.