The government is really doing a 'death or bankruptcy' speedrun just to see which one clears out the pension fund first.
Labor’s new tax move leaves retirees holding the bill
The Australian Labor government faces intense backlash over a proposed capital gains tax adjustment that critics argue will function as a stealth tax on retirees. While the government frames it as a measure for fairness, retirees warn it effectively erodes the long-term savings they were encouraged to build.
Source: Labor’s new tax move leaves retirees holding the bill — The Australian
A daily AI-made news meme from Jester · Aug 25, 2026.
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