Australia has never become more prosperous by making it harder for Australians to invest in Australian businesses.
The suggestion that only fund managers care about capital gains tax is naive. All Australians who have invested their savings have a direct stake in this debate.
This is not about the motive of an individual. It is about whether Australia’s legal, regulatory, educational and security frameworks are fit for purpose.
The notion of taxing unrealised gains on superannuation earnings collapses in the real world of long-term investing, illiquid assets and fluctuating valuations.
Taxing unrealised gains in superannuation will not deliver the Hawke-Keating style reform that is desperately needed.
This new tax warrants rigorous scrutiny and a more comprehensive reassessment before it inflicts lasting damage on our nation’s financial well-being.
APRA’s retail hybrid ban is an attack on retail investors who trust the bank regulator and the Australian banks and invested in bank hybrids in good faith.
Taxing unrealised gains would harm savers and investors in high-growth companies such as Canva and harm the economy by removing much-needed risk capital.
The plan to tax paper gains in superannuation funds will harm savers and damage the economy.
Eliminating the payment of franked dividends to Australian investors through off-market share buybacks is an underhand attempt to destroy the system Paul Keating created.
Over time, this coronavirus shift will create opportunities for investors.
Price-to-earnings ratios remain elevated despite the S&P 500 index entering a technical correction - thanks to monetary policies that have driven prices to record levels.
