The government has announced the biggest overhaul of Australia's tax system since the introduction of the GST: the end of the 50% Capital Gains Tax discount (CGT), the restriction of negative gearing on established properties, and a brand new 30% minimum tax on family trust distributions. The purported "intergenerational equity" is, in our opinion, a gaslight to avoid public debate on the real issues of immigration, government overspending and the desire to increase tax reven

In a very clear election Budget, unsurprisingly, the Treasurer announced a range of cost of living measures & small business tax breaks