125 taxes in Australia

The only tax that affects Bitcoin is Capital Gains Tax (CGT)

There is no CGT on the Australian dollar.

The right policies should be written to exempt CGT on Bitcoin.

Unlike the "Australian Dream" of investment properties, these investments have multiple taxes including stamp duty, land tax, council rates.

In Victoria, new tax policies have seen investment properties become the worst assets to hold due to a new Covid relief plan where the state government would increase the tax by almost 300% if you own a second property, and even higher if you hold a block of land with no dwelling for more than 2 years.

Opt out of this bullshit. They will continue to attack assets in Australia to pay down the horribly run and over budget projects / initiatives.