Hey all you #austriches, taxing unrealised gains is now a thing in Australia. Sure, only superannuation funds with over $3million in assets are affected, but the State has to start somewhere...

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Australia’s capacity for nanny statism never ceases to amaze me

It's all in the math. As the government debt gets higher, their fingers are just going to get stickier. They are not capable of even considering that the governance system is the problem.

Highly regarded.

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wild