Young investors call out CGT change + the Enhanced Games
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The Australian government's proposed overhaul of capital gains tax (CGT) is sparking fierce debate among young investors, with many calling it a betrayal of financial freedom. The changes—removing the 50% CGT discount and introducing a minimum 30% tax on gains above inflation—target not just property but also shares, ETFs, and crypto, disproportionately affecting young Australians who’ve turned to these assets as an alternative to unaffordable housing. Finance creator Natasha Etchman, known as Tash Invest, reveals widespread outrage among her followers, who feel penalized for trying to build wealth through disciplined, long-term investing. She criticizes the policy as poorly targeted, arguing that it fails to address the real imbalance: property’s easier access to credit and tax advantages. Meanwhile, the Enhanced Games in Las Vegas are drawing global attention as elite athletes, including Australian swimmer James Magnusson, compete under a sanctioned doping regime using FDA-approved peptides. While organizers frame it as a bold step toward transparent performance enhancement, medical experts like Dr. Bridie O'Donnell warn of serious long-term health risks and the danger of normalizing unregulated drug use, especially for impressionable youth. The event, backed by a company now listed on the NYSE, is seen by critics as a profit-driven spectacle rather than a genuine evolution of sport.
The proposed CGT changes will impose a minimum 30% tax on investment gains above inflation, affecting shares, ETFs, and crypto—not just property.
Young investors feel penalized for using accessible, low-barrier entry assets like ETFs, which they see as a pathway to financial freedom outside property.
The Enhanced Games in Las Vegas allow athletes to use FDA-approved performance-enhancing peptides, with $1 million on the line for breaking world records.
Critics warn the event normalizes unregulated drug use and could harm young people’s health and body image, especially when marketed as 'safe' and 'supervised'.
The company behind the Enhanced Games is now publicly traded, suggesting its real goal is selling peptides—not promoting sport.
…and 3 more takeaways available in PodZeus
The Capital Gains Tax Controversy
“You're basically discouraging intergenerational wealth. We're risking pulling these ladders away from all young Australians just as they were finding accessible ways to build wealth for themselves.”
Young Investors Speak Out
Reactions from young Australians are shared via text lines, with many expressing anger, disbelief, and frustration at losing tax advantages they relied on to build wealth.
Tash Invest Breaks Down the CGT Changes
“It's just quite hard to stomach for a lot of people when you see more taxes being added to investments, but you're not really getting a meaningful reduction in income tax to make up for it.”
The Case for Tax Reform
While acknowledging the need for tax reform, Etchman argues the current approach is poorly designed and fails to address the real imbalance: property’s structural advantages over other investments.
The Enhanced Games in Las Vegas
“If they put up a million dollars for the 50 freestyle world record, I'll come on board as their first athlete, I'll juice to the gills and I'll break it within six months.”
“If they put up a million dollars for the 50 freestyle world record, I'll come on board as their first athlete, I'll juice to the gills and I'll break it within six months.”
“are basically discouraging intergenerational wealth. We're risking pulling these ladders away from all young Australians just as they were finding accessible ways to build wealth for themselves.”
“It's just quite hard to stomach for a lot of people when you see more taxes being added to investments, but you're not really getting a meaningful reduction in income tax to make up for it.”
Host
Guests
Enhanced Games
other
Natasha Etchman
person
Dr. Bridie O'Donnell
person
James Magnusson
person
Tash Invest
brand
FDA
organization
Treasury
organization
Max Martin
person
Live Enhanced
brand
RFK Jr.
person
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