Australian budget 2026 CGT implications

I've been a member since 2015 or something, used to post now and then, but got a nasty phone call from the Perth Mint threatening me with legal action about something posted here by another poster, not me. I had difficulty convincing them that I was OldFarmer and not this other person. I finally succeeded, but it was an unpleasant experience and I decided to stop participating if litigious corporate drones were monitoring the discussion here.

Anyway, back to the subject, I suppose if you had small denomination coins and a lot of time on your hands, you could sell them piecemeal to other investors a little at a time, and not declare the capital gains. I don't have the time or interest, and I don't want to take the risk.
 
OldFarmer said:
I've been a member since 2015 or something, used to post now and then, but got a nasty phone call from the Perth Mint threatening me with legal action about something posted here by another poster, not me. I had difficulty convincing them that I was OldFarmer and not this other person. I finally succeeded, but it was an unpleasant experience and I decided to stop participating if litigious corporate drones were monitoring the discussion here.

Anyway, back to the subject, I suppose if you had small denomination coins and a lot of time on your hands, you could sell them piecemeal to other investors a little at a time, and not declare the capital gains. I don't have the time or interest, and I don't want to take the risk.
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You have a point so perhaps we should just work this out ourselves in private.
 
Changes to CGT affects us negatively. We were able to control our tax when selling assets. Keeping profits within the income tax free threshold to 16%, as of the 1st July 2027 our tax will be 30%.
We can either liquidated and buy a few rental properties for income stream using income tax threshold keeping home buyers out reach or leave the country.
Unintended consequences, forces alternative investors back into the housing game.
Not sure how this helps the housing market or first home buyers. I’ll be a cash buyer looking to maximise my return with high rent.
Enjoy your moment of joy while it lasts Shiney
 
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betterinvestmentthanshare said:
or leave the country.
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I must admit that over the last few years I have heard quite a few people spouting their dissatisfaction with the Labor government, and the conversation generally ending with a threat to leave Australia.

The problem, as I see it, is that the rest of the world is to varying degrees in a similar situation.

So the question is, where would you go to?
 
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