Don’t assume someone else will speak for you. The Senate inquiry into the proposed CGT reforms closes tomorrow. CAIIF’s plain-English guide, here: tinyurl.com/CAIIFSP walks you through the submission process step-by-step. #CGT #Startups #Innovation #Investment

More than 220 people packed the National Press Club today for Pauline Hanson’s first Leaders Address in her 30-year political career. Then the unexpected happened. A security breach saw a protest banner unfurled behind the One Nation leader during her speech, prompting an AFP investigation and raising serious questions about security at one of Australia's premier political forums. I was in the room. Read the full story 👇 insidecanberra.com/pauline-h… Subscribe to Inside Canberra: insidecanberra.com/subscribe… #PaulineHanson #OneNation #NationalPressClub #Canberra #auspol #Politics #AFP

National Press Club Statement RE: Banner incident at the Address by Senator Pauline Hanson today.

An excellent explainer by @Johnkehoe23 afr.com/policy/tax-and-super…

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”

Today I am honoured and humbled to share Australia’s journey in digital safety, where peace and our people are at the heart of our societies, at the 2026 Pacific Peace and Security Dialogue. A privilege to reflect on Pacific approaches through collective strength during our digital transformation with Hon. Minister Ruth Cross Kwensing, Neville Choi, President of the PNG Media Council and expertly moderated by Dr Romulo Nayacalevu. We challenged ourselves to be shapers (not just adopters) of technology, to align our Pacific way values, our partnerships and our culture. Our responsibility is to safeguard our most vulnerable so they have a secure, safe and prosperous future in the Blue Ocean of peace - where technology can be an enabler if we shape it, use trusted technology and bring digital literacy to our conversations. Start the chat; be curious of the app. With thanks to Prof. David Peebles and the @PSC_ANU for bringing our Pacific community together in Suva to share important perspectives and drive impactful change. We are stronger together

Great to hear from so many Australians at this morning's discussion on the proposed CGT changes. We heard from a migrant from South Africa questioning whether Australia remains the best place for his family... a retired tax accountant concerned about the policy design... the founder of an AI engineering business who travelled down from Newcastle, and many others worried about the impact on younger Australians, entrepreneurship, investment and aspiration. One theme came through clearly: this isn't just about tax. It's about opportunity for the next generation of Australians and Australian businesses. Great to see Senator @ajamesbragg drop in and share his concerns about what many see as a rushed and one-sided inquiry process, where opposing experts and dissenting views have been excluded from the discussion. I've attached the statement I delivered this morning. More photos and media coverage to come. If policymakers genuinely want to understand the consequences of these changes, they should spend more time listening to the Australians who'll be affected by them. Thanks @GeoffWilsonWAM and his team for organising, and everyone who attended.

After watching the Senate inquiry over the last couple of days, it's hard to see it as anything other than political theatre. The witness list seemed carefully curated to support the Government's narrative, despite mounting evidence that these changes will discourage investment, entrepreneurship and economic growth. With less than 24 hours' notice, we brought together 100 concerned Australians in the room right next door to hear how these changes could affect investors, founders, business owners, employees with equity and young Australians trying to get ahead. Many of the people who turned up at our event still haven't had their submissions published by the Senate inquiry, even though the hearings concluded today!! The full video from our "shadow inquiry" is worth watching and I'll share when it’s published tomorrow. Thanks to @GeoffWilsonWAM for organising. I think our two-hour discussion featured a much broader and diverse cross-section of Australians than the official two-day Senate hearing. The Australian newspaper has also covered it here: theaustralian.com.au/wealth/…

Senate Investor Discussion Group : CGT events.humanitix.com/cgt-inv… Meet at the Composite Room, Sydney Masonic, 66 Goulburn Street, Sydney Tue, 16 Jun, 9:30am - 12pm AEST 🕙 9:30am for a 10:00am sharp commencement Warning, Senate: prolonged exposure to these fellows may result in an improved understanding of capital gains tax. Beyond slogans and sound bites: Geoff Wilson AO, Chris Brycki, Derek Francis and Mark Humphery-Jenner bring facts to the conversation. @GeoffWilsonWAM @chrisbrycki @DerekFranc90653 @humpheryjenner

The Senate has downed tools on making further CGT submissions public. No more have been uploaded today. They've only made 132 submissions of the over 1000 received public! What does that tell you about the other 900 submissions and what they said! aph.gov.au/Parliamentary_Bus…

Incredible

Over 1000 Submissions to Senate Enquiry on CGT One of our agents have been in touch with the Senate this morning. There were over ONE THOUSAND submissions. They stated there was no way they will all be published before the hearings begin, they are just not capable of that turnover. They understood that this could be interpreted by some as a deliberate white wash. They assure us that is not the intention. The lack of disclosure and transparency should be placed right at the door of Anthony Albanese and Jim Chalmers for this Whitewash. If they are so confident of the wisdom of their plan why have they silenced over 90% of submissions? It's a disgraceful abrogation of their fiduciary obligations to open and transparent governance. @mcranston1 @PhillipCoorey @GeoffWilsonWAM @PaulineHansonOz @AngusTaylorMP @ajamesbragg

The Senate inquiry may not have wanted to hear from many of the people who've analysed and criticised these proposed CGT changes, but that doesn't mean those voices should be silenced. If you've made a submission to the inquiry, particularly one that hasn't been published, I'd encourage you to come along tomorrow and share your perspective. I'll be joining @GeoffWilsonWAM, @DerekFranc90653 and @humpheryjenner for a discussion group on the proposed CGT changes. This is an opportunity for investors, founders, employee shareholders and anyone concerned about the impact on investing, entrepreneurship and capital formation to ask questions and have their voice heard. 📍 Sydney Masonic Centre, 66 Goulburn St 🕤 9:30am for a 10:00am start Seats are limited. events.humanitix.com/cgt-inv…

My Senate inquiry submission on the proposed CGT changes has finally been published at 5pm today. That's after the inquiry hearings are already underway, and after I'd publicly announced tomorrow's investor discussion group being held next door to the inquiry. I lodged the submission 11 days ago and had repeatedly questioned why many submissions critical of the legislation had not been made public. Better late than never I guess. The submission covers the diversification penalty created by the reforms, the impact on startups and employee share ownership, and the incentives they create to favour dividend-paying incumbents over growth and innovation. Now at least Australians can read it for themselves. aph.gov.au/Parliamentary_Bus…

I want to introduce you to Steve. He’s 83. His wife died a few months ago and he comes to this lodge in Spring Mill, Indiana and draws. He taught art in Terre Haute, IN his whole life. He also did courtroom sketches in court cases. In the comments I’ll share some pics from his sketchbook. He was excited when I said I was going to share his sketches with the world.

Senate Inquiry CGT : Speakers & Positions aph.gov.au/Parliamentary_Bus… Summary of speakers, and their positions on CGT residential, CGT equities & business, and the 30% minimum on trusts and CGT. Based on analysis of the submissions that are associated with each speaker. They will be speaking on Monday and Tuesday.

As a result of a US government directive, we are suspending access to Claude Fable 5 for all users. You can continue to use all other Claude models. Here’s what this means for you: Across Claude products, new sessions will run on your selected default model or Opus 4.8, and existing Fable 5 sessions will end with an error. On the Claude Platform, requests to Fable 5 will also return an error. Please update your integrations to other Claude models. We know this is a disruption to your workflows; we appreciate your patience and support.

The US government, citing national security authorities, has issued an export control directive to suspend all access to Fable 5 and Mythos 5 by any foreign national, whether inside or outside the United States, including foreign national Anthropic employees. The net effect of this order is that we must abruptly disable Fable 5 and Mythos 5 for all our customers to ensure compliance. Access to all other Claude models is not affected. We apologize for this disruption to our customers. We believe this is a misunderstanding and are working to restore access as soon as possible. Read our full statement: anthropic.com/news/fable-myt…

CGT Senate Summary (89 Submissions) An analysis of each submission and an executive summary at the end including a tally of support or otherwise can be found here: smallpdf.com/file#s=5ff833ef… A file of all the original submissions (994 pages) can be found here for the next 7 days only: fromsmash.com/8v~RDG97IV-gt I've also included a summary image below. To summarise the analysis: The 89 submissions divide into three broad camps. Roughly a third, dominated by housing, homelessness and community sector peak bodies, unions, progressive think tanks and most of the academic tax specialists, support the Bills in full and urge swift passage. Roughly a fifth, dominated by property industry bodies, business peak bodies, professional accounting and legal bodies and free-market think tanks, recommend the Bills not proceed at all or not in their current form. The largest single group, around a third, accepts or actively supports the residential property measures but opposes extending the same treatment to equities, operating businesses and venture capital. The remainder make narrow technical or sectoral points (valuation, philanthropy, salary packaging, gender impact) without taking a position on the package as a whole. This pattern is the most striking feature of the inquiry: the residential measures are contested mainly by the property industry itself, while the extension to equities and business is contested by submitters across the spectrum, including several who explicitly support the housing reforms. Technical Notes: This is constructed by Claude Max and cost me two weeks of compute power so I hope it's useful. Claude does not usually hallucinate in these matters unlike other AI. I have done some random manual cross checking and it seems to be fine. @DerekFranc90653 @GeoffWilsonWAM @chrisbrycki @RyanMaddockCA

Is Jim Chalmers aware that CGT indexation would make leverage more attractive than under the current system - and property is the asset class that Australians most commonly leverage? This is yet another factor that could end up making residential property more attractive than shares to investors. Can I just point out that’s the opposite to the stated intent of the policy?