“I’ll be fine, but you guys – less so.” That’s more or less what I told some of my younger colleagues in a recent team meeting as we discussed the proposed capital gains tax changes in the budget.The people in that room ranged from their mid-20s to mid-40s. Some were already more financially established. Others are only just starting to build wealth.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
What young wealth builders can learn from the budget
The budget makes long-term growth assets less attractive at exactly the point when younger Australians have been shut out of the old wealth-building playbook.
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