If you are against minimum 30% tax, contact your MP.
I know many people here are unhappy with changes to the taxation in recent budget. These changes have been announced in budget but they have not been legislated yet. There will be discussion on them in the parliament before approval. In order to influence those discussions and so your MPs represent your interests in those discussions please contact your MP and let them know which parts of tax reform is bad for you.
Here is an example email that represents my views. Please feel free to use this or change this email to reflect your views and send it to your MP. If you don't know who is your MP, google something like "who is MP for <your suburb name> and what is their email address". This should give you their name and email.
If you are not good at writing, copy below email draft into chatgpt and write your views there and ask chatgpt to modify the email so it reflects your views before sending it to your MP.
We live in a democracy and have a say in government decisions and this is how we exercise that right.
Good luck!
Subject: Concerns Regarding Minimum 30% CGT in Budget 2026
Dear <MP Name>,
I am writing to express my concern regarding the recent Budget 2026 changes to capital gains tax, specifically the introduction of a minimum 30% CGT rate.
While I support the government’s move toward indexation-based capital gains tax calculations and the removal of negative gearing concessions, I believe the minimum 30% CGT rate is unfair and regressive for Australians who are trying to achieve financial independence outside the traditional retirement system.
This policy does not primarily affect wealthy retirees living off superannuation, as superannuation already receives preferential tax treatment and is largely unaffected. Instead, it disproportionately impacts people who are building investments outside super in order to create flexibility and security earlier in life.
Many Australians today are trying to save and invest so they can step away from stressful jobs before the age of 60, reduce working hours, recover from burnout, survive periods of unemployment, or take career breaks to care for children or elderly parents. These are not speculative investors looking for loopholes — they are ordinary people trying to build resilience and independence without relying on government support.
Personally, I have spent years saving and investing carefully with the goal of creating financial security for myself and my family outside the superannuation system. Like many others, I want the option to retire early, reduce work due to stress and burnout, or protect myself against layoffs and economic uncertainty. The new minimum 30% CGT rate makes this significantly harder, even for people with relatively modest living expenses and incomes.
A flat minimum tax on capital gains ignores individual circumstances and creates a situation where someone taking time away from paid work for caregiving, maternity leave, or health reasons could still face a disproportionately high tax burden despite having little or no employment income.
I respectfully ask that the government reconsider the minimum 30% CGT provision or introduce exemptions and lower rates for lower-income individuals who are not yet eligible for superannuation access but are relying on long-term investments to support themselves responsibly and independently.
Thank you for taking the time to consider my concerns.
Kind regards,
[Your Name]