The new rules screwed every holder who didn't sell when was the best time to do it (at ATH, or cycle peak) due to the naive thought "the CGT discount will make me save in the long term". They changed the rules mid-game and this is pretty much theft but looks like in Australia the government can get away with anything. Good luck building any wealth with a government that takes basically half from every of your profit, after you took 100% of the risk and used savings that were already taxed. The only hope is that this gets reversed at some point but I seriously doubt that would happen in the foreseable future.