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Aussies Are About To Be Hit With Double Taxes on Everything | CGT Tax Discount Cancelled
Australians are facing the worst cost of living crisis in decades. The RBA just raised interest rates, fuel taxes have doubled, spirits tax has doubled, tobacco taxes are climbing, and now the treasurer is openly discussing changes to capital gains tax. In this video, I break down every tax hike that has already landed on your doorstep and the ones that are still coming. The government keeps saying they need to patch the budget, but everyday Australians are the ones paying the price. Property investors, renters, and homeowners need to understand what is happening right now because these changes will affect your wealth, your cash flow, and your ability to invest. This is not just about tax policy. This is about your financial future in Australia and how the government is making it harder for you to get ahead. Housing affordability is not improving, supply is not increasing, and yet the tax burden keeps growing. Watch this video to understand the full picture of what is happening with Australian tax policy, inflation, interest rates, capital gains tax reform, property investment strategy, and the housing crisis.
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โก๏ธ Timestamps:
00:00 Intro: Your Taxes Just Doubled
02:23 Why the Government Is Doing This Now
03:49 Where Your Money Is Being Taxed
07:09 Capital Gains Tax: What You Need to Know
09:41 Conclusion: What Happens Next
#tax #australia #housingcrisis
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