Geoff, I know who I am🇦🇺🇦🇺 me-retweet

If the problem was investors hoarding existing property and locking young people out of housing, you could have applied the CGT changes to residential property only.
Instead
You went after everyone who builds something.
The civil contractor.
The dairy farmer.
The tech founder.
The panel beater who spent thirty years building a shop worth selling.
All hit the same.
That's not innovation policy.
That's a revenue grab dressed up in a 'fairness' costume.
And that's not even touching on the reality of the CGT laws on property...
Liebor just designed a tax system where the Australian who builds a property portfolio to fund his retirement pays 47% Capital Gains Tax on the exit.
The foreign super fund that buys the same property through a Managed Investment Trust pays a 15% flat rate.
Same property.
Same gain.
Same country.
The foreigner pays roughly one-third of what the Australian pays.
Then you 🤡stand up at a press conference and tells us this is about "fairness."
It's not fairness.
It's the largest wealth transfer from Australian families to foreign institutional capital in modern Australian tax history.
And it's being sold as a “housing policy”
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