Nigel Ferrissey

Xamarin/Maui dev.

[Geoff Wilson @GeoffWilsonWAM]

Wake up Australia. It’s coming for you. And you can blame yourself or
@Albomp & @JEChalmers who lied to you and introduced the new insane #CGT on all Australian business and shares. They need their heads read.
Scotland just proved the Laffer curve in real time: jack the top rate to 48p and you raise less money. The economically dumb duo Albanese and Chalmers are about to inflict the same economic vandalism on Australian capital gains only on a far bigger scale. Drive productive capital offshore, crush the people who actually build businesses and create jobs, then act surprised when the revenue collapses and the economy stagnates.
Ideology over evidence. Every single time. Keep fighting to stop this insanity. Join the war on CGT
#JointhewaronCGT #ScrapTheCGTHeist

[Geoff Wilson @GeoffWilsonWAM]

🚨 The Weekend @australian front page calls it: @JEChalmers ’ tax “fix” is a non-starter.
@FinancialReview Chanticleer confirms: “Australian fund managers are largely ropeable about capital gains tax changes, government spending and the superannuation performance test, all of which they think are crimping ASX returns.”
This is exactly what we’ve been warning about @AlboMP & @JEChalmers ’s war on capital is destroying aspiration, investment, and returns for everyday Australians.
Enough. Scrap these damaging changes and deliver real pro-growth reform. We must all fight and we will win this fight.
#AbolishTheCGTWar #AspirationNotTaxation

[Geoff Wilson @GeoffWilsonWAM]

My six predictions for Australia’s investment future, as a result of the new CGT, on @LivewireMarkets are not pretty.
• More tax-driven investing
• Less share ownership
• A smaller ASX
• More foreign takeovers
• Fewer entrepreneurs
• Young Australians worse off
The CGT changes are economic vandalism. Read why here: https://t.co/hV6deYHyBx”

[Geoff Wilson @GeoffWilsonWAM]

The insane new CGT assault by @AlboMP & @JEChalmers is pure economic self-sabotage. A deliberate war on aspiration and ambition.
They’re punishing anyone building wealth through productive investment, not from handouts.
Yesterday wasn’t just sad. It was devastating. Australia’s entrepreneurs & future generations just got kneecapped.
We will fight this. Reverse it. And win. Join the fight
#FightCGT #AussieDreamKiller #AussieAspirations

[Geoff Wilson @GeoffWilsonWAM]

🚨 @AustralianLabor ‘s insane new CGT changes just got crueller.
@JEChalmers confirmed today: if you jointly own a pre-budget investment property and your spouse dies or you divorce the survivor LOSES the grandfathered negative gearing and CGT exemptions.
Grief or separation isn’t enough. Now comes an extra tax hit.
@DavidPocock is moving amendments to stop this. He’s right it will hit women especially hard.
This rushed, heartless policy is economic vandalism. The Senate must kill it. Great journalism @PhillipCoorey https://t.co/2HIknTFkGS

[John-Daniel Trask @traskjd]

They will also force your money into kiwisaver. Which is actually a tax, as you don’t control that money.

The rules you signed up for will (and have) been constantly changed.

Absolutely insane that people are thinking this is a great policy.

This tweet will be long gone but fast forward 50 years and there will be folks very unhappy that “they saved” and can’t retire.

[Geoff Wilson @GeoffWilsonWAM]

🚨 This @AlboMP government is running a straight-up TAX SCAM on Australian investors.
Buried in their budget bill is a sneaky “loss-ordering” trap that forces you to waste your oldest CGT-discounted gains FIRST — leaving newer gains fully exposed to their brutal new indexation rules from 2027.
Deliberate. Greedy. A betrayal of every mum & dad investor trying to build wealth.
Absolute rort by a desperate, cash-grabbing regime. This must be stopped #AusPol #TaxScam

[Geoff Wilson @GeoffWilsonWAM]

These lunatics have to be stopped. It is extraordinary for Treasury to suggest that capital gains tax settings do not materially influence investment decisions. Every entrepreneur, investor and small business owner in Australia knows the after-tax return drives capital allocation. If higher taxes did not matter, governments would simply raise them indefinitely without consequence. Of course they matter.

What Treasury is effectively admitting is that these changes are not primarily about productivity, economic growth or increasing housing supply. They are about redistribution. That is a profound shift in Australia’s economic philosophy.

The danger is that Australia is sending a message that aspiration, risk-taking and long-term investment will be punished more heavily in the future. That weakens confidence, discourages capital formation and ultimately makes the country poorer.

When Treasury says ‘the revenue has to come from somewhere’, the real question is why the government believes higher taxes on investment and enterprise are preferable to controlling spending and growing the economy.

The claim that CGT concessions do not influence investment behaviour is disconnected from commercial reality. Venture capital, start-up investment, small business formation and long-term equity investing are all highly sensitive to after-tax returns. Capital is mobile. If Australia becomes less competitive, investment will simply flow elsewhere.

[Geoff Wilson @GeoffWilsonWAM]

The Government is destroying the life blood of Australia. The capital gains tax changes are an economic suicide note.
They’re attacking the very engine of Australian prosperity, the risk capital that funds our companies, creates jobs, and drives innovation.
Carve EVERY company out of this madness.
This isn’t “fairness”. It’s self-inflicted decline.
#HandsOffCapitalGains

[Topher Field @TopherField]

The collapse is here and I can prove it.

It feels hard because it is, and we have the numbers to prove that it's SO much worse than you think.

It's so bad that it reminds of something I saw with my own eyes back in 2015... Venezuela. Yes really.

Don't say I didn't warn you...

I am 100% viewer supported, please buy me a coffee and check out my books, DVDs, merch, etc here: https://t.co/rZNi6UjOmP

[Retard Finder @IfindRetards]

This is how retarded the Australian government is in three points.

1. Gambling winnings are tax free. Almost no other money is. Gambling is encouraged but investing is not.

2. Housing crisis but foreigners are still allowed to buy our houses and they just incentivised never ever selling investment properties

3. Young people can't afford houses so let's tax them more if they make money in crypto or shares.

That's just the tip of the retarded iceberg

[that stock chick @ausstockchick]

I say this with the greatest amount of respect.

Retail, mums n dad investors just got burnt. It’s the sad reality.

The government workers punting on a couple of stocks and buying a property for their future children.

The average Australian just got rug pulled and it’s going to be incredibly difficult to ever be more than average now.

Exactly as planned.

Today is a sad day.

#auspol

[Geoff Wilson @GeoffWilsonWAM]

Budget 2026 is a direct tax on aspiration and risk-taking.
It kills the incentive for young Australians to invest in shares, startups and productive businesses.
This is intergenerational betrayal dressed up as fairness.
Stop punishing success. @AlboMP @JEChalmers”

[Pauline Hanson 🇦🇺 @PaulineHansonOz]

This Labor government is economically incompetent.

They are stealing from the younger generation, putting $1 trillion in debt on the national credit card. This amounts to $36,000 for every Australian, and every young person will have to pay this back and more.

They're forcing young Australians to compete against mass migration for a rental, while putting home ownership completely out of reach.

I won't take lectures on "intergenerational equity" from this Labor government. They abandoned hope for this country and all of its people long ago.