We, the undersigned Australians aged 18 to 45 and those who support them, call on the Federal Government to stop the proposed capital gains tax changes on shares announced as part of the 2026-27 Federal Budget. 

For decades, Australians were told if they worked hard, saved carefully, invested responsibly, and planned for their future, they could get ahead. That promise is now being broken for a generation already facing record housing costs, higher rents, cost-of-living pressure, student debt, insecure work, and delayed access to the milestones their parents once took for granted.

The Government’s proposal to scrap the 50% Capital Gains Tax discount for shares and replace it with a complex indexation model and a 30% minimum tax floor is not simply a tax change. It is a direct hit to young Australians trying to build financial independence.

This is not a tax on the rich. It is a tax on financial independence.