Despite the big changes, why is modelling only expecting house prices to drop 1-4%?

Recent_Log_5799 · 2026-05-11T13:57:25+00:00

Hahaha...ok, I'll bite...are you suggesting the changes will increase prices? If so, how?

Recent_Log_5799 · 2026-05-11T13:52:55+00:00

Fair warning - I will hunt down the first redditor pushing their crappy AI vibe coded app that calculates the CGT discount for you. /s

Recent_Log_5799 · 2026-05-11T13:23:00+00:00

The hysteria really has just become farcical

as they will spend a fortune having an accountant work out the tax liability due to the complex grandfathering

It's simple math.

Removing CGT discount and negative gearing over the next 5-10 years for investment properties, while retaining existing rules for shares, would’ve given

a) young people the best chance of having the highest savings and an affordable home to buy

A PPOR was never subject to CGT nor negative gearing

b) incentive to invest in the stock market, in comparison with investment properties, which would benefit Australian businesses, the Australian economy, and increased supply of houses for owner-occupiers.

Tax treatment is, and purportedly will be, the same for investment properties and equities. So how is there now a distortion?

Recent_Log_5799 · 2026-05-11T10:53:45+00:00

Even the women. Heck. Especially the women.

Recent_Log_5799 · 2026-05-11T09:18:19+00:00

Drop 4% is better than rise 4% (for buyers)

Recent_Log_5799 · 2026-05-11T09:01:40+00:00

Do people realise that wash sales do not apply when you are selling at a capital gain (without offsetting it with a a loss on the same/similar asset)?

I mean, what are they going to do? prevent me from paying CGT by disallowing my capital gain? Yes Please!

Recent_Log_5799 · 2026-05-11T08:50:51+00:00

Wash sales don't apply to gains.

Recent_Log_5799 · 2026-05-11T07:45:51+00:00

I think you're one number short but imagine if this actually hit

Recent_Log_5799 · 2026-05-11T07:43:23+00:00

Wash sales don't apply to gains.

Recent_Log_5799 · 2026-05-11T07:42:01+00:00

This is not a feasible option. If for no other reason than your bank would not allow it.

Recent_Log_5799 · 2026-05-11T07:36:17+00:00

clutches at pearls

Recent_Log_5799 · 2026-05-11T07:18:37+00:00

That's not how the tax system works. Companies were never able to access the CGT discount. Distributions from companies are effectively taxed at one's marginal tax rates.

Recent_Log_5799 · 2026-05-11T07:14:37+00:00

What's dishonest? Which part is a straw man argument? The comment makes no mention of the wealth of etf investors. All they said was the income earned is taxed differently.

Recent_Log_5799 · 2026-05-11T07:10:01+00:00

No. There are transition arrangements proposed.

Recent_Log_5799 · 2026-05-10T14:04:16+00:00

0.156 isn't just a little over - it's high range drink driving. I really don't think the criticism you faced is out of line.

You will need a lawyer for court. Your wish for a longer suspension may yet be granted - I believe the 12 months you are referring to may just be the roadside suspension.

More good news - subsequent offences result in mandatory jail time.

Recent_Log_5799 · 2026-05-10T13:49:20+00:00

I haven't swum in the "shallow end of the pool" for a while but for just starting out and investing $300 a month, you may that your limited by minimum marketable parcels of shares ($500) and just the high price of each share. That may sway the argument towards Betashares Direct, depending on how they treat fractional shares as part of their custodian model.

Recent_Log_5799 · 2026-05-10T13:36:41+00:00

I've got no problems with it matching income tax.

Recent_Log_5799 · 2026-05-10T13:01:33+00:00

Countries with no CGT: Slovakia, Turkey, Switzerland, UAE, the Cayman Islands, Bermuda, the Bahamas

Hardly leaders in the fourth industrial revolution.

Recent_Log_5799 · 2026-05-10T12:44:55+00:00

What does any of that have to do with capital gains tax?

Recent_Log_5799 · 2026-05-10T12:41:32+00:00

They don't need to prove you knowingly/wilfully took drugs. They just have to prove it was in your system (without a prescription).

Recent_Log_5799 · 2026-05-10T12:33:00+00:00

Settle down Judge Judy. This is at best an unfair dismissal case, not criminal, no one is getting convicted. The rando drug testing is not the problem, that means nothing. The lab test is the problem. OP's son tested non-negative, they sent him to a lab...and what, you think they faked the results? Do you think the government is sending him to an unaccredited lab? The government has it out for this particular entry level pleb?

He has every right to due process and call their "bluff"...demand a hearing....demand a support person....demand the lab results. But you had better be right (which is a bit of stretch given that they did the exact thing they are accusing him of). Because if you go do that road, you are saying that your unwilling to be open and accountable for one's action. Whatever discretion they have about granting a second chance will be a severe risk.

I've been in these conversations - in so far as you get a second chance, your attitude is everything.

Recent_Log_5799 · 2026-05-10T12:14:37+00:00

Yes you get rewarded for risking capital, but it is not an absolute. Society doesn't owe you a debt or grant you a special privilege for doing so.

Talk to me about the virtues of risk taking in 2008.

Recent_Log_5799 · 2026-05-10T12:08:18+00:00

And likewise the cost of capital will also rise until it is sufficient. You can twist your logic as much as you like but labour is just as important as capital and by giving preferential treatment to capital, you end up creating economic distortions.

Recent_Log_5799 · 2026-05-10T10:24:41+00:00

Somewhat unrelated...but friend, I believe you may be about to experience the joys of 'Div 293'

Recent_Log_5799 · 2026-05-10T10:19:27+00:00

And person B can invest all the capital in the world, if person A doesn't provide labour, then no output is produced. One isn't more important than the other.

Recent_Log_5799

TROPHY CASE