@rose_39503: #goviral #sundressseason #genes #unitedstates @MINI

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Sunday 28 June 2026 12:14:45 GMT
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“We’re working through the details” 🧐 No official announcement has been made yet, but the Government has repeatedly indicated tax reform is being considered, including potential changes to the Capital Gains Tax (CGT) discount. The key issue is the detail. If changes only apply to residential property, investor behaviour is unlikely to disappear, it will likely adapt: ➡️ Investors may hold property for longer rather than sell ➡️ purchases may increasingly occur through company structures (no CGT discount, but capped tax rate) ➡️Equity may be drawn from property and deployed into other asset that still receive the discount (shares, ETFs, crypto, private investments) If the CGT discount is reduced across all investments, then the policy may be framed as improving housing affordability, but the impact extends far beyond property. Only approximately 30% of CGT revenue currently comes from residential property. The reminder comes from commercial property, shares, ETF’s, crypto and other investments. A broad reduction in the CGT discount would therefore affect any Australians trying to build wealth, not just property investors. If taxes increase across multiple asset classes, it raises the question of objective. If the purpose is housing affordability, then logically any additional revenue should be directed toward: ➡️ planning restrictions and development delays ➡️ housing supply ➡️ infrastructure to support new housing ➡️ that directly improve affordability for future buyers If additional tax revenue simply flows into general government revenue, the reform may appear more aligned with budget repair than housing affordability. The devil is in the detail, and it really matters. #tax #cgt #capitalgainstax #property #shares
“We’re working through the details” 🧐 No official announcement has been made yet, but the Government has repeatedly indicated tax reform is being considered, including potential changes to the Capital Gains Tax (CGT) discount. The key issue is the detail. If changes only apply to residential property, investor behaviour is unlikely to disappear, it will likely adapt: ➡️ Investors may hold property for longer rather than sell ➡️ purchases may increasingly occur through company structures (no CGT discount, but capped tax rate) ➡️Equity may be drawn from property and deployed into other asset that still receive the discount (shares, ETFs, crypto, private investments) If the CGT discount is reduced across all investments, then the policy may be framed as improving housing affordability, but the impact extends far beyond property. Only approximately 30% of CGT revenue currently comes from residential property. The reminder comes from commercial property, shares, ETF’s, crypto and other investments. A broad reduction in the CGT discount would therefore affect any Australians trying to build wealth, not just property investors. If taxes increase across multiple asset classes, it raises the question of objective. If the purpose is housing affordability, then logically any additional revenue should be directed toward: ➡️ planning restrictions and development delays ➡️ housing supply ➡️ infrastructure to support new housing ➡️ that directly improve affordability for future buyers If additional tax revenue simply flows into general government revenue, the reform may appear more aligned with budget repair than housing affordability. The devil is in the detail, and it really matters. #tax #cgt #capitalgainstax #property #shares

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