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

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

If, like me, you are appalled at some of the changes to Aus tax settings that are set to become law, please make a submission to the Senate Economics Legislation Committee. Submissions close on the 9th. aph.gov.au/Parliamentary_Bus… The first page of my submission is attached in the image below. I have confined myself to the CGT changes, and only to their application to assets outside of residential property. I don't think the gov is going to back down on any of it, but that seems like the area where the insane consequences of the changes are most obvious. Full submission at scribd.com/document/10463953…

Yet another absurdity of the proposed CGT changes: A 20-year old uni student working part-time at Coles invests in some shares, saving for their future. They pay no tax on their wages since they are under the tax-free threshold. But if they make a $5000 gain on their shares, they get slugged with a 30% minimum tax. Does this sound fair to you?

What a joy it is to spend a public holiday trying to hastily draft a submission opposing the increase in CGT. Thankyou to the Labor Party for allowing only a few days for submissions which are due the day after a long weekend. I suppose we have more time than the Committee itself which has ONE BUSINESS DAY after public hearings to lodge its report. @GeoffWilsonWAM

Economic Treason: Selling Australia Through Tax Policy The economic theft hidden within the new CGT policy is not just the extra tax collected on citizens today, but that the lack of taxation on foreigners means compounding will rapidly transfer our sovereign assets into foreign hands. In the example shown, an asset that begins 50% Australian-owned and 50% foreign-owned ends up only 17% Australian-owned after 20 years, with foreign ownership rising to 83%. No takeover bid. No invasion. Just mathematics. Einstein called compounding the "eighth wonder of the world," emphasizing that its power is so vast it dictates whether you build wealth or pay the price. The new tax settings mean we pay a very high price indeed. We pay with our home. You might think the starting proportion of ownership is unrealistic at 50% each. In fact it's worse than you think, as the image shows 70% of our mining productive assets are already in foreign hands. With the disincentive for retail investors to invest in small miners you can effectively kiss our major export industry goodbye, as the effective portfolio tax means only foreigners will be incentivised to invest in these small miners. The structural failures of this new tax system are immense. Sovereignty is ultimately about control. If we progressively lose control of the farms, mines, companies and productive assets of Australians we will eventually be subservient to an overseas economic Hegemon. Arguably in relation to mining we already are subservient, and we urgently need to pivot the tax burden to advantage compounding to our citizens relative to foreigners. And yet your government is doing the exact opposite, and accelerating this tax-based transfer to foreign hands. A nation that systematically taxes its own citizens more heavily than competing foreign capital should not be surprised when more of its wealth, influence and economic future ends up beyond its borders. The government's taxation policy is not just poorly conceived but brought to its inevitable conclusion it is simply economic treason. @AngusTaylorMP @PaulineHansonOz @AlboMP @JEChalmers

Good Ep.. some observations on recent streams... 1. $BHP/Antamina to Wheaton.. sold 80% of silver (100% @ 20% of spot). ~5Mozpa so sold ~4Mozpa for a long mine life for US$4.3bn. At $70/oz is 6.5% 2. $KGL.AX to Wheaton.. sold 60% of PM's (75% @ 20% of spot). ~1.5Mozpa AgEq.. so sold ~900kozpa AgEq for ~8yr mine life for US$275m. At $70/oz is 23% (but note the mine life).. #S32 has Hermosa which is 9Mozpa Ag.. sell 40% (50% @ 20% spot) and that's 3.6Mozpa for a long mine life.... can get similar value to BHP Antamina? #29M has Golden Grove which is effectively 1.7Mozpa AgEq.. sell 40% (50% @ 20% of spot) and that's ~700kozpa AgEq over 20yr mine life.. can get similar value to KGL? 6% debt is a great source of capital... but so too are some of these streams...

🚀🇦🇺 Major tax reform could make Australia's economy world-class. Christopher Joye's (@cjoye) bold blueprint: - Permanently end bracket creep - Flatter, simpler income tax (0% to 42%) - Company tax cut to a flat 20% - Zero CGT on first $20k gains 10% IP rate - Full instant expensing for business investment Funded by lifting GST to 15% (broad base), a 50% NDIS trim, and slashing public service costs by 25%. Net result? A modest surplus and a genuine productivity-led economy that rewards work, risk-taking and innovation instead of bureaucracy. Australia doesn't lack money. It lacks courage. Time to choose. #AusEconomy #TaxReform #Budget2026 #auspol