Head of @YahooFinanceAU
Canberra, Australia
Joined March 2010
- Tweets2.2K
- Following1.7K
- Followers1.2K
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Nick Whigham retweeted
'Aussie landlords given backdoor bailout despite CGT and negative gearing change'
au.finance.yahoo.com/news/auā¦
Nick Whigham retweeted
Labor pledges to fix everything except the economy afr.com/politics/federal/labā¦
Nick Whigham retweeted
The pressure needs to stay on the Treasurer and Treasury to explain this.
If the answer isnāt pretty (ie Treasury gave the answers it knew were being sought, not what they knew was accurate), then taxpayers deserve to know.
āTreasury was contacted by Yahoo Finance on Tuesday afternoon seeking clarification about the seeming omission. By Friday, it could still not provide a response or clarification.ā š¤¦āāļø
au.finance.yahoo.com/news/trā¦
Nick Whigham retweeted
Feels like the rest of the world hasn't yet quite caught up to the fact that Australia now looks less like The Lucky Country and more like the other stagnant non-US developed economies
While the average OECD member country has improved its workersā living standards in the past five years, the same cannot be said for Australia. ebx.sh/WOTRv5
Nick Whigham retweeted
Wait until weāre officially in a recession. Then the āaxis of grievanceā will be precisely the young people the government is pretending to help.
āLabor's reticence to publicly acknowledge the complaints about its tax changes aren't just coming from those who bare it political ill will is, frankly, p*ssing young people off.ā
abc.net.au/news/2026-05-24/lā¦
Nick Whigham retweeted
This is the best explainer I've seen on the tax reforms.
Nick Whigham retweeted
Young investors will bear the brunt of CGT changes the government says are about addressing intergenerational inequity. au.finance.yahoo.com/news/jiā¦
Nick Whigham retweeted
I legitimately canāt believe this response. Shares have been under compensated so instead of addressing that or just under compensating property going forward, we are going to increase tax on shares.
Nick Whigham retweeted
Denying younger people the same opportunities to save & invest as their parents does not enhance āintergenerational fairnessā ā quite the opposite.
This is a straight tax grab that will hurt investment, especially in early-stage startups.
And not help housing affordability at all.
Nick Whigham retweeted
.@cjoye argues that our tax system unduly penalises risk-taking and innovation, the basis of growth.
I agree.
But that does not justify preferential treatment of real estate, the source of most capital gains, through no sacrifice or effort by the investor.
afr.com/markets/equity-markeā¦
Nick Whigham retweeted
Itās hard to escape the conclusion that Millennials and Zs are in favour of low taxes for Boomers and high taxes for themselves. This behaviour also evident in preferences for higher taxes on high income earners, even as they approach their peak earning years.
Nick Whigham retweeted
There may be good reasons to cut CGT discount & restrict -ve gearing to say 2 propsā¦but it wont fix housing supply & itās hard to see how it improves intergen equity. Older gens got the benefit of concessions(I got into prop as a rentvester) & now itās being curtailed for young!
Nick Whigham retweeted
Theft from aspirational Australians will be delivered in the budget next week. Young Aussie puts in $10k, compounds at 15% for 50 years ā $10.84 million.
Inflation-indexed cost base: just $44k. Current CGT: $2.63M tax.
Laborās new proposal: $5.23M tax.
They want to seize HALF your lifeās work.
This isnāt tax reform ā itās theft from aspirational Australia.
Stop punishing success. #TaxRaid #AussieDreamKiller
What theyāre floating does not appear to match their claimed motives.
au.finance.yahoo.com/news/feā¦
So far, every version of the CGT change the government has floated would result in young people paying a higher portion of tax than older Australians had to and will have to.
Yet Albanese keeps insisting itās an āintergenerational fairnessā reform.
Is he just hoping to blag it past young people who arenāt paying attention? What am I missing?
Nick Whigham retweeted
The Albo changes to property tax are estimated to raise $30 billion over ten years. Will it all be returned to young voters given the āexcuseā is inter generational fairness ?
Nick Whigham retweeted
The mystery of Satoshi Nakamoto, the pseudonymous inventor of Bitcoin, has remained unsolved for 17 years. Not anymore. Read my 18-month investigation to find out who Satoshi really is. nytimes.com/2026/04/08/businā¦
