"Critics argue targeting CGT, which applies to all investments including new shares and crypto, limits one of the only wealth-growth avenues available for young people."
And here I was thinking that the main wealth growing avenues people had (young, old, whoever) was working and producing goods and services for other people.
At the risk of offending someone...
The people opposed to the CGT changes are the worst sort of people.
Like, anyone who can look at the horrid mess of Australian society as it presents itself to young people, and then go "I don't like it cause I'll be worse off." ...
In the bin with you, knob head.
@troberts On some level, can anyone truly say they are worse off? With the changes only affecting future decisions, can you be worse off?
What bothers me is so many people who would never have been able to buy a home, let alone build a property portfolio, are going to be convinced they've been ripped off.
Dread Pirate (Tom) Roberts
LordPhantom (Mathew)