Why did Australia have to have a capital gains tax in the first place?

@Sauronlordking This is why:

@Flumark @Sauronlordking lol not this chart again 🤦‍♂️ The left doesn't understand correlation <> causation, no wonder they can't do policy. Interest rate decline feeds prices, at the same time our population grew faster than dwellings. Income is a flow, house prices are asset values -different drivers.

@Dan_Trend @Sauronlordking LOL, you don’t think wealthy foreigners came here for CGT discounts? Because you appear to be of the same group telling everyone of means will leave and go to another place. We’ll fuck off then.