@RektJimmy@cjoye Not quite. In your example, Old system: total gain is $12 so with 50% discount on highest marginal tax rate, CGT = $2.82. New system: Tax on WOW real gain of $7 is $3.33. Your gain on Coles of $2 is CGT-free but you can’t apply it as a loss as you have a nominal gain. =27.75%
@OMGTheMess Correct. Also there will also be less supply for young Australians: 1) Investors will compete heavily for new builds - as this is now very attractive and 2) Existing negatively geared stock will never be sold due to this ongoing benefit. Bad luck for first home buyers.
@Buddyboybets@NBA_NewYork A laparoscopic appendicectomy is usually performed with 3 ports usually placed at the umbilicus, lower abdomen and left lower quadrant, respectively. So yes, if he was hit on the left or near his umbilical wound, it will hurt a lot.
@Dylan_Sandas@NBA_NewYork He was hit around his umbilicus. That’s where one of the laparoscopic ports are placed. The other two ports are in the left lower quadrant and in the lower midline respectively.