Last chance. Submissions close TOMORROW NIGHT.
We must stop this CGT insanity.
This is economic vandalism. A direct attack on aspiration, entrepreneurship, productive risk-taking and the investors who build businesses and grow the economy.
Wilson Asset Management is lodging our formal submission tomorrow.
Your voice still counts. Speak up TODAY.
👉 Submit here: https://t.co/st8ZVVDgpq
👉 Sign petition: https://t.co/9d6NhPtrLy
You cannot tax capital out of Australia and expect it to stay and produce returns.
The war on aspiration must stop.
#CGT #CapitalGainsTax #Aspiration #AustralianEconomy
We are preparing a submission to the Senate inquiry into the Government’s proposed CGT changes.
Submissions close Tuesday, 9 June 2026.
We encourage Australians to have their say on long-term investment, productivity, entrepreneurship and opportunity.
https://t.co/qVJlqox9U9
#BREAKING MP Kevin Hogan blasts PM
Anthony Albanese in Parliament for destroying Australia's risk reward economic model.
Hogan's critique is razor sharp, the government has systematically inverted incentives for private enterprise.
Historically, risking capital meant keeping the return.
Now, the framework forces a parasitic transfer of wealth “You take the risk and the Albanese Government gets the reward” Hogan argued.
Hogan then rages that this isn't just failed policy, it's a calculated “unforgivable" deception of the Australian electorate.
Hard to argue.
@RobToThheOz Another point is that people who get their sole income from investing represent about 11.5% of the population. But 95% of those are retirees. So you're f'ing over the rest of average Aussies to spite ultra rich people who represent about 0.3% of the population. So incredibly dumb
@RobToThheOz That 7% only applies if they have zero other income. In reality, most investors are workers trying to step up a wealth tier. The discount isn't a loophole, it shields long-held assets from inflation. Changing it doesn't hurt the ultra-rich, it just pulls the ladder up on workers.
@Ben_Davison1 Spoken like someone who has never built anything of worth nor taken the financial risks to do so
Your views are naive and indicate a clear lack of real world experience
Economics don't function on "good vibes"
You can feel something all you want, doesn't make it reality
@Ben_Davison1 A house literally is a productive asset you moron
This recent budget nonsense has shown why those with little financial experience should never dictate economic policy.
You literally have zero clue what you're talking about ffs
@Rabadash2 Embarrassingly dumb take
Do you think all assets and investments go up perpetually?
Until you've sold something you haven't made any profit or gains.
How can you tax "unrealised gains" when that investment very well could turn out to be a loss overall?