131 Photos and videos
May 24
“Labor's reticence to publicly acknowledge the complaints about its tax changes aren't just coming from those who bare it political ill will is, frankly, p*ssing young people off.”
abc.net.au/news/2026-05-24/l…
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This is the best explainer I've seen on the tax reforms.
May 22
Confession: I’ve been confused at points this week. Following the capital gains tax into all sorts of nooks and crannies is hard for everyone. So I tried to answer all my own questions thoroughly. This is the result. I think it is a good chart! (Shows average tax rate)
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Nick Whigham retweeted
May 22
Young investors will bear the brunt of CGT changes the government says are about addressing intergenerational inequity. au.finance.yahoo.com/news/ji…
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Nick Whigham retweeted
May 20
I legitimately can’t believe this response. Shares have been under compensated so instead of addressing that or just under compensating property going forward, we are going to increase tax on shares.
May 19
"... If it is a cake shop, a cake from a cake shop that has sales tax, and it's decorated and has candles as you say, that attracts sales tax, then of course we scrap the sales tax, before the GST is..."
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Nick Whigham retweeted
May 12
Denying younger people the same opportunities to save & invest as their parents does not enhance “intergenerational fairness” — quite the opposite.
This is a straight tax grab that will hurt investment, especially in early-stage startups.
And not help housing affordability at all.
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Nick Whigham retweeted
May 8
.@cjoye argues that our tax system unduly penalises risk-taking and innovation, the basis of growth.
I agree.
But that does not justify preferential treatment of real estate, the source of most capital gains, through no sacrifice or effort by the investor.
afr.com/markets/equity-marke…
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Nick Whigham retweeted
It’s hard to escape the conclusion that Millennials and Zs are in favour of low taxes for Boomers and high taxes for themselves. This behaviour also evident in preferences for higher taxes on high income earners, even as they approach their peak earning years.
There may be good reasons to cut CGT discount & restrict -ve gearing to say 2 props…but it wont fix housing supply & it’s hard to see how it improves intergen equity. Older gens got the benefit of concessions(I got into prop as a rentvester) & now it’s being curtailed for young!
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Nick Whigham retweeted
There may be good reasons to cut CGT discount & restrict -ve gearing to say 2 props…but it wont fix housing supply & it’s hard to see how it improves intergen equity. Older gens got the benefit of concessions(I got into prop as a rentvester) & now it’s being curtailed for young!
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Nick Whigham retweeted
May 5
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
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May 4
What they’re floating does not appear to match their claimed motives.
au.finance.yahoo.com/news/fe…
So far, every version of the CGT change the government has floated would result in young people paying a higher portion of tax than older Australians had to and will have to.
Yet Albanese keeps insisting it’s an “intergenerational fairness” reform.
Is he just hoping to blag it past young people who aren’t paying attention? What am I missing?
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Nick Whigham retweeted
The Albo changes to property tax are estimated to raise $30 billion over ten years. Will it all be returned to young voters given the ‘excuse’ is inter generational fairness ?
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Nick Whigham retweeted
Apr 22
close strait of hormuz forever !!!!
Apr 22
The stock market has gained one-eighth of its entire value in the last 16 trading days.
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Nick Whigham retweeted
Apr 8
The mystery of Satoshi Nakamoto, the pseudonymous inventor of Bitcoin, has remained unsolved for 17 years. Not anymore. Read my 18-month investigation to find out who Satoshi really is. nytimes.com/2026/04/08/busin…
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Nick Whigham retweeted
Very proud moment for Australia as a whole type of stock market pattern is now named after the national animal
🦘📈📉📈📉📈📉📈📉
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Nick Whigham retweeted
Superannuation alert from today as deadline looms in $1.1 billion collapse of Aussie funds trib.al/2i3uky5
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Jan 29
First home buyer loses $50,000 deposit weeks before ING Bank introduced preventative security check.
au.finance.yahoo.com/news/fi…
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Jan 27
"We've been pretty upfront about the fact we don't really know if this is going to work for us."
au.finance.yahoo.com/news/au…
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Nick Whigham retweeted
15 Dec 2025
A story about me was just published on Yahoo Finance
Link: au.finance.yahoo.com/news/au…
@YahooFinanceAU
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Nick Whigham retweeted
'It's been more than three years since Labor returned to power and promised to make housing more affordable. So how have things actually gone?'
My latest data driven outing at @YahooFinance, how has housing affordability evolved under Albo.
au.finance.yahoo.com/news/re…
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Nick Whigham retweeted
18 Nov 2025
Commonwealth Bank, Australia's biggest lender, says home loan demand is too high
finance.yahoo.com/news/commo…
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