Tax Invest Accounting
Region: AU
Wednesday 10 June 2026 06:58:30 GMT
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learn2adventure :
what backlash? everyone i have spoken to has said its great, just the mainstream media is saying its bad
2026-06-10 07:04:56
17
Pacific Shark :
It is unpopular by mum and dad investers. It is wildly welcomed by majority ordinary people. 🥰
2026-06-10 08:24:30
10
LivOC :
And stocks: you can’t have a balanced portfolio in your name anymore as you can’t offset the losses using indexation. CGT changes for shares, from 1 July 2027 (not yet law): • The 50% discount is gone. Instead, your purchase price gets uplifted by inflation, and you pay tax only on the gain above that. • Minimum tax rate of 30% on that gain, rising with your marginal rate to 49%. Applies from the first dollar; the tax-free threshold doesn’t help. • Losses only count at face value. A stock down in dollar terms gives you an offset; a stock that merely lagged inflation gives you nothing, while your winners still get taxed. • Net effect: diversified stock picking in your own name gets hit hardest. Dividend payers, ETFs (which net gains and losses internally), and long holds you rarely sell come out best. • Anything sold before 30 June 2027 falls under the current rules. Last clean year for the 50% discount and full loss harvesting.
2026-06-10 09:45:58
11
kopetkopet816 :
I dont understand 😩, we bought shares with money that already taxed .. then if we sell, we have to pay another tax
2026-06-11 07:08:29
6
SuperHero :
Watch all these tax reforms will be reversed once Labor kicked out of Government in 2028
2026-06-10 07:55:49
16
ᴘᴜᴛʀɪᴅ_ᴅᴏɢ™️ :
the budget is great 👍
2026-06-10 07:17:08
11
Bindi :
I’m stunned at so many comments praising the budget not understanding that it’s a cash grab that takes away all incentive to have a go and try and grow wealth. Not just the wealthy, everybody.
2026-06-10 10:24:41
13
yomamatv123 :
I love the budget give tax discounts to productivity not passive income. it's in the national interest
2026-06-10 10:16:51
3
James Gascoigne :
It’s unpopular because the Rich are running a scare campaign, the Rich are the ones that will lose out the most and have the money to spend on advertising.
2026-06-11 01:23:05
3
weefrap :
who says it's unpopular, where are the statistics that say it's unpopular? Some parts of it may be unpopular with some people.
2026-06-11 03:00:30
1
qldguy :
Careful saying you are a content creator people might get excited
2026-06-11 07:47:21
0
Subi⚜️ :
Small business under $6M is exempt from any changes??
2026-06-10 13:36:32
1
Salvamoneta :
So quick question! Will the CGT be grandfathered???
2026-06-10 07:40:30
0
Reg Tarpon :
I agree with all you’ve said except for the pre 1985 assets. It’s about time they were also included when systems change. This is over 40 years (2 life sentences if in jail). If these latest changes don’t properly grandfather then why should the pre 1985 assets be constantly excluded?
2026-06-10 08:47:42
0
metal :
Not a budget !! Cash grab.. isn’t it!!!
2026-06-10 08:50:47
7
bartdevree1 :
it's not unpopular except for with the wealthy
2026-06-11 08:33:34
0
jessica☹️ :
I am in my 20s and everyone I know is happy about the changes :)
2026-06-11 13:39:04
2
Elsa -The Consistency Queen👑 :
@Elsa -The Consistency Queen👑: Coupled with the fact that if I wanted to will my company to my children, and they choose to sell it so it helps them, they only get half of the sale and the rest to the govt. This is crazy given that I am already paying so many taxes each year.
2026-06-10 08:09:39
7
bright.1.foodie :
1. not presented at election, 2. tax gouging 3. negative gearing cancelled tyred of paying more and mpre taxes
2026-06-10 12:06:15
2
Thunder :
Today you have an ABN and you do your tax return four times a year and holding an ABN you get taxed up to 67 % into oblivion.
2026-06-10 09:25:13
2
Beanie1971 :
The complication of it is what dodgy government does.
2026-06-10 09:03:32
1
notagain :
What concerns me , i made certain investments in structures like family trusts, property and business, only for those rules to be not just scrapped but severely taxed. So for me personally i have lost confidence in investing or building business in Australia
2026-06-10 20:36:02
1
bella_babe_0z :
nothing in it for me, so it's unpopular with me 😁
2026-06-10 10:17:54
1
Dopamine Slave :
I have no problem with the budget. I’m a tax agent
2026-06-11 14:27:05
1
user30819079102 :
much people not happy with this tax
2026-06-10 09:02:19
1
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