Selfwealth featured in The Age for commentary on the Federal Budget
Selfwealth
Featured in The Age
The Age examined how the Federal Government’s proposed changes to negative gearing and capital gains tax could fundamentally alter the way Australians approach investing and long-term wealth creation.
The article explored the likely impact on existing and future property investors, self-managed super funds and capital gains taxation, while also analysing which asset classes may become more attractive under the new rules.
Rob Wilson shared insights into how the reforms could influence investor preferences, particularly the potential shift away from high-growth assets toward more stable, income-generating investments as investors adapt to a less favourable capital gains tax environment.
Key Quotes
“Under the old system, growth investors seeking capital gains had two meaningful tax advantages: the 50 per cent CGT discount halving the taxable gain, and the ability to time a sale to a low-income year to minimise the rate paid.”
— Rob Wilson, Director of Investment Strategy, Selfwealth by Syfe
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