▲ 13 r/ASX_Bets
This you? Gen Zs who take a lottery ticket approach to investing will pay more tax under CGT changes
In short: The federal government's proposed changes to the capital gains tax would disadvantage high-risk investors.
Slow-growing investments popular with new investors like ETFs might be better off, particularly in years where there is high inflation.
What's next? Experts say some people have used high-risk investing in assets like crypto to get ahead and save for a house deposit.
Younger investors chasing quick "YOLO gains" will pay more tax than their peers who invest in slower, longer-term investments under a proposed tax overhaul the government says will fix a system that has undercompensated the share market for decades.
https://www.abc.net.au/news/2026-05-21/gen-zs-take-a-lottery-ticket-approach-investing-cgt-changes/106698386
u/myredditaccount-2020 — 2 days ago