Nick Whigham

Head of @YahooFinanceAU

[Parnell Palme McGuinness @parnellpalme]

Wait until we’re officially in a recession. Then the “axis of grievance” will be precisely the young people the government is pretending to help.

[Nick Whigham @NWWhigham]

“Labor's reticence to publicly acknowledge the complaints about its tax changes aren't just coming from those who bare it political ill will is, frankly, p*ssing young people off.”

https://t.co/wOXhohSzOY

[Zac Gross @ZacGross]

This is the best explainer I've seen on the tax reforms.

[Chris Brycki @chrisbrycki]

Young investors will bear the brunt of CGT changes the government says are about addressing intergenerational inequity. https://t.co/NNmzIm8dUL

[Cameron Kusher @cmkusher]

I legitimately can’t believe this response. Shares have been under compensated so instead of addressing that or just under compensating property going forward, we are going to increase tax on shares.

[Dave Sharma @DaveSharma]

Denying younger people the same opportunities to save & invest as their parents does not enhance “intergenerational fairness” — quite the opposite.

This is a straight tax grab that will hurt investment, especially in early-stage startups.

And not help housing affordability at all.

[Peter Tulip @peter_tulip]

.@cjoye argues that our tax system unduly penalises risk-taking and innovation, the basis of growth.
I agree.
But that does not justify preferential treatment of real estate, the source of most capital gains, through no sacrifice or effort by the investor.
https://t.co/PxuR0I8btK

[Benjamin Picton @BenPicton1]

It’s hard to escape the conclusion that Millennials and Zs are in favour of low taxes for Boomers and high taxes for themselves. This behaviour also evident in preferences for higher taxes on high income earners, even as they approach their peak earning years.

[Shane Oliver @ShaneOliverAMP]

There may be good reasons to cut CGT discount & restrict -ve gearing to say 2 props…but it wont fix housing supply & it’s hard to see how it improves intergen equity. Older gens got the benefit of concessions(I got into prop as a rentvester) & now it’s being curtailed for young!

[Geoff Wilson @GeoffWilsonWAM]

Theft from aspirational Australians will be delivered in the budget next week. Young Aussie puts in $10k, compounds at 15% for 50 years → $10.84 million.
Inflation-indexed cost base: just $44k. Current CGT: $2.63M tax.
Labor’s new proposal: $5.23M tax.
They want to seize HALF your life’s work.
This isn’t tax reform — it’s theft from aspirational Australia.
Stop punishing success. #TaxRaid #AussieDreamKiller

[Nick Whigham @NWWhigham]

What they’re floating does not appear to match their claimed motives.

https://t.co/m3H9zKmM1Y

[Parnell Palme McGuinness @parnellpalme]

So far, every version of the CGT change the government has floated would result in young people paying a higher portion of tax than older Australians had to and will have to.

Yet Albanese keeps insisting it’s an “intergenerational fairness” reform.

Is he just hoping to blag it past young people who aren’t paying attention? What am I missing?

[Neil Mitchell @3AWNeilMitchell]

The Albo changes to property tax are estimated to raise $30 billion over ten years. Will it all be returned to young voters given the ‘excuse’ is inter generational fairness ?

[Howard Lindzon @howardlindzon]

close strait of hormuz forever !!!!

[John Carreyrou @JohnCarreyrou]

The mystery of Satoshi Nakamoto, the pseudonymous inventor of Bitcoin, has remained unsolved for 17 years. Not anymore. Read my 18-month investigation to find out who Satoshi really is. https://t.co/fPtaK6YHJC

[Simon Kuestenmacher @simongerman600]

Very proud moment for Australia as a whole type of stock market pattern is now named after the national animal

🦘📈📉📈📉📈📉📈📉

[Yahoo Finance Australia @YahooFinanceAU]

Superannuation alert from today as deadline looms in $1.1 billion collapse of Aussie funds https://t.co/HYbQpB2a3t

[Nick Whigham @NWWhigham]

First home buyer loses $50,000 deposit weeks before ING Bank introduced preventative security check.

https://t.co/b8TnOaN9ig

[Nick Whigham @NWWhigham]

"We've been pretty upfront about the fact we don't really know if this is going to work for us."
https://t.co/jxc1i9PH57

[Dave Gow @strongmoneyaus]

A story about me was just published on Yahoo Finance

Link: https://t.co/APaP1cOvWs

@YahooFinanceAU

[Tarric Brooker aka Avid Commentator 🇦🇺 @AvidCommentator]

'It's been more than three years since Labor returned to power and promised to make housing more affordable. So how have things actually gone?'

My latest data driven outing at @YahooFinance, how has housing affordability evolved under Albo.
https://t.co/apQVbaZY8I