Geoff Wilson leads campaign against Labor's capital gains tax reform
Fund manager and Rich Lister Geoff Wilson is leading the media campaign against Labor's proposed capital gains tax reform, following his successful campaign against dividend franking reform that helped Labor lose the 2019 election. The article questions Wilson's motivations, noting his personal financial interests are served by opposing these tax reforms, given his estimated $891m wealth partly built on franked dividends.
Key quotes
There's no keener contributor to the media campaign against Labor's proposed capital gains tax reform than Rich Lister funds manager Geoff Wilson.
Fund manager Geoff Wilson was as responsible as anyone for Labor losing the 2019 election, leading the wildly successful campaign against Bill Shorten's attempt to reform dividend franking.
The campaign and result were certainly in Wilson's best interests – franked dividends have helped to elevate him to the AFR's 2026 Rich List with an estimated worth of $891m.
From the article
There’s no keener contributor to the media campaign against Labor’s proposed capital gains tax reform than funds manager Geoff Wilson.
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