theAustralianBull

A loophole that’s been doing the rounds in the news today is that existing homeowners will be able to still negatively gear their properties by moving elsewhere and turning theirs into a rental. Not only does this create less incentive for people to sell their homes (in addition to stamp duty remaining as the biggest deterrent), it just flat out doesn’t make sense. Why should I be able to move into another home and massively negatively gear my recently redeveloped home after the changes? Grandfathering existing investment properties is one thing - but this loophole would create new negatively geared properties to the exclusive benefit of existing homeowners.

dawg robbing me of my engagement - cheers for the retail exposure tho AT x

gotta give it a bit of huac $TUA

@BollingerBanter Looks like he did a bachelor of crayon eating

Male. Strawberry milk. Pro tax reform. In the end it all adds up.

$GDG absolute no brainer no.1 winner from the budget! The shorts are getting toasted and it’s only just started! Good luck covering that volume of stock without re-rating the stock! Pouring gas on a fire that’s cooking! #Dyor

My tax rate will be 47% as of July 01 for every dollar above $67,000… how’s that for a fair go for young Aussies

$CBA new investment strategy- make unrealised losses and never win

$GDG Investment Bonds will takeover Bucket- Trusts if cgt changes pass the Senate

Family trusts now to be taxed at 30% Basically all that accounting practices over the years throw them in the bin now

@theAZtrader @Stockrocker_ASX Happy to announce I am now apart of the top tax bracket starting July 01, despite earning less than $100K p.a

@Stockrocker_ASX We aren’t fucked but the younger generation just copped a juicy cucumber

Ok folks, how fucked are we? I haven’t read the budget yet. Going to sleep😴😴

@RonShamgar $CSL is now a dividend stock according to boomers with an attractive 4.3% yield 🤡

$CSL just dropped another casual $10B of market cap !! That’s $100B of market value torched in 18 months 🤯🤯☠️☠️ Epic! 👇👇 (Not held)

#BREAKING Anthony Albanese tries to defend Anika Wells lavish spending with taxpayer funds by saying “she paid it back” Reporter “she broke the rules” Albanese “she has paid back the money” Reporter “if you get caught doing the wrong thing, you just pay it back?” Albo “yes”

@sentinel1221 @BLSHigh favourite is all the $CSL ratings since 2021. Nearly all analysts targeting 310+ over 12 months for 3 years and it still hasn’t held above 300 🤣

$CSL every dog has its day… just not this dog #analystspecial $300 price targets remember

$CSL $RHC 2 of the biggest “value” traps since COVID

$CSL 100 dorra

$CSL The boomer “growth” darling is now imo much closer to FV. On the topic of CGT changes I’d start calling this a dividend stock (4.3% yield) Don’t say there was no warning, been calling this shit out for years

But don’t worry, to compensate Labor will cut another 20% off your HECS, which after adjusting for the 3.4% (which isn’t included in your cut) is effectively 16%. Which you are then forced to pay at an effective tax rate of 45% for every dollar earned above $67K

Next week will dictate just how fucked the next generation of the Australian Investment world will be #cgt #labor #budget

Theft from aspirational Australians will be delivered in the budget next week. Young Aussie puts in $10k, compounds at 15% for 50 years → $10.84 million. Inflation-indexed cost base: just $44k. Current CGT: $2.63M tax. Labor’s new proposal: $5.23M tax. They want to seize HALF your life’s work. This isn’t tax reform — it’s theft from aspirational Australia. Stop punishing success. #TaxRaid #AussieDreamKiller