Alan Kohler

What companies would call CapEx, I guess.

But anyway, there it is.

Look, I'm just trying to look up a graph I saw in Livewire this morning.

I'll just call it up, which seems to have come from someone called Conrad Francis and Inspired Money.

Anyway, it shows someone's calculated the difference between indexation of capital gains tax and the 50% discount on the ASX 200.

holding it for 10 years.

So it's a pretty specific calculation, but it's on share investments.

The impact of this change from the 50% discount back to indexation of the capital gains tax

on investing in the share market over 10 years, starting back in 2011.

Anyway, indexation was better for investors than the 50% discount 70% of the time.

Right.

So investors ought to be happy, basically.

Okay, yep, fair enough.

Based on that, I mean, look, I think it probably changes dramatically

given, you know, over the sort of timeframe that most people probably invest, which is like three years, two or three years or something.

But 10 years, if you hold for 10 years, you're better off under the new deal.

There you go.

According to that.

So, look, you know, there's lots of blowback going on.

I mean, people are saying that the world's, you know, the sky's going to fall down.