And this is why people accuse labor of being fucking terrible at managing the economy, knee jerk to knee jerk. This won’t happen, but the fact there’s an article about it and they didn’t think that through blows my mind.

https://www.afr.com/policy/tax-and-super/treasury-reveals-terrible-plan-to-tax-super-funds-unrealised-profit-20230301-p5cojx

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It's only going to get worse. Nail your wealth down with 256bit cryptography because you can kiss everything else goodbye.