Investors with diversified share portfolios making a mix of gains and losses compared to inflation could face tax rates of more than 100 per cent on real gains, due to the Albanese government not fully compensating investors for underperforming stocks.
A former senior Treasury tax official and a hedge fund manager both separately warned that people with a diversified portfolio of individual shares could face tax rates 50 per cent higher than Treasury calculated in the budget analysis it provided to the government.
Source: https://www.afr.com/policy/tax-and-super/i-m-selling-investors-could-pay-50pc-more-tax-than-treasury-says-20260521-p5zzcn