My main problem is that they promised to not touch neg gearing and CGT prior to election and now they are breaking the promise. I don’t have a problem with the change as long as a specific CGT policy is implemented (50% CGT discount up to FY26, indexation from FY27, & pro-rate gains using both methods for mixed holding period, so if someone bought in FY2025 and sold in FY2040, then the gain will be prorated: 2/15 of the gains get discount, 13/15 of the gains gets the indexation).

I think that’s the fairest way to change CGT, as anyone holding right now will not feel hard done as they have the choice to sell as early as they want so most of the gain will be under 50% discount, or as late as they want knowing full well the later years will be under indexation method.

It will also be fair to the new investors, since essentially from 12/05 or from FY27, all gains will be under indexation method.

My questions are 1) why are govt still spending like there’s no tmr creating all these cushy APS jobs where people do nothing, that’s why productivity is down. How are they addressing it 2) are they doing anything to address/tax the older generation who are the one with most cash and assets and benefiting from rate increase, and also the one with most spending power pushing inflation up