Government’s plan to help you build wealth in Australia:
❌ 50% CGT discount gone
❌ Negative gearing killed for new investors
❌ 30% minimum tax on capital gains
❌ Trust income hit with 30% floor
Translation: the rules that built wealth for the last generation don’t apply to you anymore. Adapt or stay broke.
@bryan_johnson@Rainmaker1973 Check out ENP.ASX - listed company doing good things in this space to treat binge eating disorder amongst other disease states.
Wonder if this has anything to do with the run today... the big guys are on the hunt for oncology screening and diagnostic tests in unmet areas "Acquisition will uniquely position Abbott to transform cancer care, advancing earlier detection and optimizing treatment and monitoring to help millions more people live healthier lives" https://t.co/0vTwtruZZ2
BREAKING: We’re acquiring @ExactSciences, a leader in cancer diagnostics. Together, we’ll transform cancer care through early detection and the support of personalized cancer treatment. Learn more. https://t.co/uPzFThWKJ0
@EricTopol@ScienceMagazine yet they still use biologics to control downstream inflammatory processes instead of rectifying this. Be great to see some significant investment in this space