Collection Notice
Support this petition
In the recent Federal Budget, the Government has announced plans to abolish the 50% CGT discount, replacing it with cost base indexation to CPI, a 30% minimum tax on all capital gains and applying partial time-apportioned grandfathering to existing gains. This campaign relates to a petition to stop the Australian Government’s changes to capital gains tax (CGT). Please complete the petition if you would like to support this campaign.
Notice: This petition is facilitated by Wilson Asset Management (International) Pty Limited (we, us, our). It is only open to individuals aged 18 years and over.
What we collect. When you sign this petition, you provide to us, and we collect certain personal information including your name, email address, postcode and age range. By signing, you may also disclose your political opinion about the Government’s proposed CGT changes, which is considered sensitive information under the Privacy Act 1988 (Cth). We can only collect this sensitive information with your express, informed and voluntary consent. This notice provides more information on how and why we collect and handle your personal, including sensitive information, when you sign the petition and support this campaign.
Why we are collecting it. We collect this information for the following purposes, to:
- record your support for this petition;
- administer and progress the campaign; and
- communicate with you about this issue and the progress of the campaign and petition.
We may also use de-identified and aggregated information, where permitted to do so, for our research and analysis purposes in connection with this petition and our related advocacy activities, including for authorised public and/or statistical reporting – we will not identify you or use your personal information for this purpose.
Who we may share your information with. We may disclose your personal information to:
- relevant stakeholders, including the Senate and other relevant parliamentary bodies, government and regulatory authorities;
- our third party service providers (including our IT provider onPlatinum ICT and our customer relationship management provider Salesforce), who assist us to manage and administer this petition and campaign (each of whom holds the information on servers located in Australia.)
We do not disclose your information to overseas recipients.
It’s your choice. Providing this information and signing the petition is voluntary. If you do not provide the requested information or sign the petition, we will not be able to record your signature on the petition, record your participation or, where applicable, send you petition or campaign updates.
Your privacy rights. You can ask us for a copy of the information we hold about you, ask us to correct it, ask us to delete it (including ahead of presentation of the petition to Parliament), or make a complaint about how we have handled your personal information, by contacting our Privacy Officer at [email protected] or Level 26, Governor Phillip Tower, 1 Farrer Place, Sydney NSW 2000. Our complaints process and details about how we handle your personal information are set out in our Privacy Policy.
We believe Australia’s tax system should encourage long-term investment, productivity, entrepreneurship and intergenerational opportunity.
The Government’s proposed capital gains tax changes will discourage long-term investment in Australian businesses, innovation, farms and other productive assets. These changes will make it harder for younger Australians to build financial independence, reduce investment in Australian businesses and innovation and weaken productivity growth across the economy.
Protect aspiration and opportunity. Every Australian should have the opportunity to build financial security through saving, investing and taking responsible risks. Tax policy should encourage aspiration, not make it harder for Australians, particularly younger Australians, to invest for their future.
Prevent Australians being taxed twice on the same income. Australians should not be taxed twice on the same income. The proposed changes risk creating an additional layer of tax on investment income, reducing returns for investors, retirees, small business owners and families while discouraging the patient long-term capital Australia needs to grow, innovate and prosper.
We, the undersigned, call upon the Senate to reject the Government’s proposed capital gains tax changes and preserve a tax system that encourages investment in Australian businesses, innovation, farms and other long-term productive assets.
Support this petition
In the recent Federal Budget, the Government has announced plans to abolish the 50% CGT discount, replacing it with cost base indexation to CPI, a 30% minimum tax on all capital gains and applying partial time-apportioned grandfathering to existing gains. This campaign relates to a petition to stop the Australian Government’s changes to capital gains tax (CGT). Please complete the petition if you would like to support this campaign.
Notice: This petition is facilitated by Wilson Asset Management (International) Pty Limited (we, us, our). It is only open to individuals aged 18 years and over.
What we collect. When you sign this petition, you provide to us, and we collect certain personal information including your name, email address, postcode and age range. By signing, you may also disclose your political opinion about the Government’s proposed CGT changes, which is considered sensitive information under the Privacy Act 1988 (Cth). We can only collect this sensitive information with your express, informed and voluntary consent. This notice provides more information on how and why we collect and handle your personal, including sensitive information, when you sign the petition and support this campaign.
Why we are collecting it. We collect this information for the following purposes, to:
- record your support for this petition;
- administer and progress the campaign; and
- communicate with you about this issue and the progress of the campaign and petition.
We may also use de-identified and aggregated information, where permitted to do so, for our research and analysis purposes in connection with this petition and our related advocacy activities, including for authorised public and/or statistical reporting – we will not identify you or use your personal information for this purpose.
Who we may share your information with. We may disclose your personal information to:
- relevant stakeholders, including the Senate and other relevant parliamentary bodies, government and regulatory authorities;
- our third party service providers (including our IT provider onPlatinum ICT and our customer relationship management provider Salesforce), who assist us to manage and administer this petition and campaign (each of whom holds the information on servers located in Australia.)
We do not disclose your information to overseas recipients.
It’s your choice. Providing this information and signing the petition is voluntary. If you do not provide the requested information or sign the petition, we will not be able to record your signature on the petition, record your participation or, where applicable, send you petition or campaign updates.
Your privacy rights. You can ask us for a copy of the information we hold about you, ask us to correct it, ask us to delete it (including ahead of presentation of the petition to Parliament), or make a complaint about how we have handled your personal information, by contacting our Privacy Officer at [email protected] or Level 26, Governor Phillip Tower, 1 Farrer Place, Sydney NSW 2000. Our complaints process and details about how we handle your personal information are set out in our Privacy Policy.