@financial.leigh: THE RESIDENCY PENALTY 🇦🇺💸 Ever wondered why a foreign tycoon pays less tax on a Brisbane warehouse than you do? It all comes down to a loophole called an MIT (Managed Investment Trust). Here is the cold economic reality behind the video: The Global Bait: The government set up MITs to attract massive international wealth into local infrastructure and property. To outcompete the US and Europe, we give global funds a major discount. Their Rate: International investors from approved countries pay a flat 15% tax on both income and capital gains (dropping to 10% for green commercial buildings). If their home country doesn't tax offshore profits, that 15% is their entire tax bill. Your Rate: Meanwhile, local Aussie wealth builders are a captive market—the tax man knows you aren't going anywhere. On the exact same commercial asset, a top-tier Aussie pays up to 47% on income and 23.5% on gains (which is on track to hit 30%+ very soon). The Bottom Line:Even though the goal of an MIT is to bring international dollars into the country, local investors have every right to be completely furious. The current system effectively gives foreign money a massive head start to outbid locals on our own soil. #fintokaustralia #australianpropertymarket #realestateinvestingau #moneytips #taxaustralia

Financial Leigh®

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Region: AU

Tuesday 16 June 2026 19:47:29 GMT