Why do I keep banging on about the CGT changes on shares and ETFs? Because as a millennial, we’ve spent our entire adult lives watching the goalposts move. Housing out of reach. Cost of living through the roof. We were told to stop buying lattes. It was the avocado toast. Just work harder. Be responsible, invest for your future. So we did. We invested in ETFs and shares, one of the very few accessible ways an ordinary PAYG worker could build wealth when property was already out of reach. Investing became simple, low cost and accessible thanks to technology and apps. Millions of Australians started investing. Now the rules are changing there too. It feels like every time our generation finds one of the few ways to get ahead, someone decides that’s the next thing to tax more. And somehow taxing gains on ETFs and shares more heavily is all packaged up and sold as the solution to housing affordability and intergenerational wealth… yet those who benefited under the old rules are grandfathered. 🙄🫠