Rivalex EcosystemSenate Submission
🏛️ Formal Parliamentary Submission — April 2026

Capital Gains Tax Reform
for Housing Affordability
& Green Economic Growth

A targeted submission to the Senate Select Committee on Capital Gains Tax Arrangements, proposing integrated CGT reform, foreign ownership restrictions, affordable housing subsidies, and a business carbon credit scheme — backed by operational technology and a demonstrated compliance record.

Submitted To
Senate CGT Committee
Submitted By
NeverMissed Licensed Trust
ABN
13 684 528 443
Date
April 2026
Budget Lock-In
12 May 2026
View Recommendations ↓

One-Page Overview

📋 Submission Overview

Australia faces a compounding crisis: housing affordability at a 40-year low, intergenerational wealth inequality entrenched by the capital gains tax discount, and a carbon market still inaccessible to small and medium enterprises. These are not independent problems — they share a common root in tax settings that reward passive asset accumulation over productive investment and community benefit.

This submission proposes three integrated policy reforms drawn from a broader 20-point national platform, selected for their direct relevance to the Committee's terms of reference:

  • Point 3 — Corporate & Capital Gains Tax Restructure: Redirect CGT concession savings into a Community Reinvestment Fund targeting housing, education, and healthcare
  • Points 8–9 — Foreign Ownership Restrictions & Affordable Housing Subsidies: Reform negative gearing and CGT discount settings that currently favour foreign and investor ownership over owner-occupiers and renters
  • Point 13 — Business Carbon Credit Scheme: Create a CGT exemption pathway for verified carbon credits generated by Australian SMEs, unlocking a new green investment class

NeverMissed Licensed Trust has developed, registered, and deployed operational technology across all three domains — including a live ERF-registered carbon methodology (27,880t CO₂ verified), an affordable housing pipeline (1M homes, $100–$150/wk), and a fraud prevention system in active use. Each recommendation is matched to existing, deployable infrastructure — not proposals requiring years of government development.

With the Federal Budget on 12 May 2026 as the key policy lock-in point, we respectfully request that this Committee consider these recommendations in its final report to government.

Three Structural Failures the CGT System Must Address

Australia's capital gains tax architecture is a direct contributor to the following crises. Reform is not optional — it is structural necessity.

🏠

Housing Affordability Crisis

The 50% CGT discount, introduced in 1999, has systematically redirected capital into property investment at the expense of first-home buyers and renters. Median house price-to-income ratios in Sydney and Melbourne now exceed 10:1 — the worst in recorded Australian history.

Negative gearing and CGT discounts combined cost the federal budget an estimated $19.7B per year in foregone revenue — revenue that could fund 100,000+ social and affordable homes annually.

10:1 Sydney price-to-income 300K+ on social housing waitlists $19.7B annual CGT/NG subsidy
⚖️

Intergenerational Inequality

Australians born after 1985 face a structurally different economy: HECS debt, unaffordable housing, insecure employment, and retirement savings that will never match those of asset-holding older generations — who benefit disproportionately from the CGT discount architecture.

The Grattan Institute estimates that the wealthiest 20% of households receive over 80% of the total CGT discount benefit. This is not a market outcome — it is a policy choice. One that this Committee has the power to change.

80% of CGT benefit → top 20% $74B+ student debt outstanding Gen Z homeownership ↓ 40%
🌿

Carbon Market Inaccessibility

Australia's Emissions Reduction Fund (ERF) and carbon credit market are structurally inaccessible to small businesses. 76% of ERF projects are large corporate entities. SMEs lack the capital, compliance expertise, and scale to participate — despite representing the majority of Australia's economic activity and carbon footprint.

A targeted CGT exemption for verified Australian carbon credits would unlock an estimated $3–5B in new green investment from SMEs currently sitting on the sidelines of the carbon transition.

76% ERF projects: large corporates $40/tonne ACCU benchmark $3–5B SME green investment potential

Three Targeted Reforms for the Committee's Consideration

Each recommendation is supported by operational proof-of-concept technology deployed by NeverMissed Licensed Trust.

03
Point 3 · Taxation Reform
Corporate & Capital Gains Tax Restructure — Community Reinvestment Model
We recommend reducing the CGT discount from 50% to 25% for assets held under 10 years, and eliminating negative gearing deductions for investors owning more than two investment properties. The estimated $9.5–12B in additional annual revenue should be quarantined in a legislated Community Reinvestment Fund (CRF) dedicated to affordable housing construction, universal healthcare gap funding, and public education infrastructure.
Additionally, we recommend a 5% Community Contribution Levy on corporate net profits above $10M, directed into the CRF. This mirrors Norway's sovereign wealth model, which has accumulated $1.7T from resource profit-sharing — demonstrating long-term viability at national scale.
Revenue Impact
Estimated $9.5–12B annually from CGT reform alone. Community levy adds $4–7B. Total: ~$14–19B/yr for CRF.
NeverMissed Technology
FraudShield-AIT™ provides live grant screening to ensure CRF funds reach intended beneficiaries — preventing the $2.3B annual grant fraud currently documented by ANAO.
8–9
Points 8–9 · Housing
Foreign Ownership Restrictions & Affordable Housing Subsidy Framework
We recommend a graduated foreign investor surcharge on residential property acquisitions: 15% for second properties, 25% for third-and-above, and 35% for purchases not resulting in owner-occupancy within 24 months. Revenue raised (~$2.1B annually based on current FIRB data) to be directed into the Housing Australia Future Fund (HAFF) as direct construction grants for community and social housing.
Complementary to this, we recommend expanding HAFF eligibility to co-operative housing models that deliver homes at below-market rents (≤30% of median household income) with a minimum 20-year affordability covenant. This specifically unlocks models like Eco 500™, which delivers housing at $100–$150/week with no deposit and universal eligibility — targeting the 300,000+ Australians currently on social housing waitlists.
Revenue & Social Impact
Foreign investor surcharge generates ~$2.1B annually for HAFF. Expanded HAFF eligibility could fund 15,000–20,000 new affordable homes per year by 2028.
NeverMissed Technology
Eco 500™: 1M homes across 8 national sites, HAFF-eligible co-op model. SmartLicense-XT™ provides tamper-proof tenancy and ownership credential management. Selfix™/$SFX enables transparent community asset tokenisation.
13
Point 13 · Carbon & Environment
Business Carbon Credit Scheme — CGT Exemption for Verified Australian Carbon Credits
We recommend establishing a CGT exemption for gains realised from the sale of Australian Carbon Credit Units (ACCUs) generated by registered SMEs under the ERF methodology. This would directly incentivise business investment in emissions reduction infrastructure and create a new class of green investment accessible to the 99% of Australian businesses currently priced out of the carbon market.
The exemption should be conditional on: (a) ACCUs being generated by the selling entity (not purchased on secondary market), (b) underlying project meeting ERF additionality and permanence requirements, and (c) project being verified by an accredited third party using a recognised methodology (e.g. GreenTrust-AIT™ ERF framework). This prevents tax arbitrage while channelling genuine green investment into the system.
Market Opportunity
At $40/tonne ACCU benchmark, even a 5% uptake by SMEs creates $3–5B in new carbon investment annually. CGT exemption cost to revenue is estimated $180–250M — a 12:1+ return on investment in carbon reduction.
NeverMissed Technology
GreenTrust-AIT™ / Greenogy: ERF-registered methodology, 27,880t CO₂ verified (255t EV + 27,625t solar). GAC→ACCU conversion demonstrated at $40/tonne = $1.115M+ revenue. VCS/Gold Standard/ICROA compliant.

How These Three Reforms Interact

The compounding effect of integrated reform is substantially greater than the sum of individual policy changes.

📊 The Integrated Reform Thesis

Considered in isolation, each reform delivers meaningful benefit. The CGT restructure captures foregone revenue; the foreign ownership surcharge suppresses speculative demand; the carbon credit exemption opens green investment. But implemented together, these reforms create a mutually reinforcing economic system that addresses the structural failure at Australia's core: capital being rewarded for speculation rather than production.

The CGT restructure redirects ~$14–19B annually into housing construction and social infrastructure. Increased housing supply depresses capital gains expectations, reducing the incentive for speculative property investment. Lower speculative returns push capital toward productive alternatives — including the SME carbon credit market unlocked by Point 13. Carbon credit revenue, in turn, generates new taxable income streams and community energy savings that reduce the cost-of-living pressures driving the housing affordability crisis.

The causal chain: Tax reform → Housing supply → Reduced speculation → Green investment → Cost-of-living relief → Reduced housing demand pressure. This is not theoretical. Norway, Denmark, and Singapore have all implemented versions of this integrated approach — with measurable outcomes across all three domains.

💰
Point 3

CGT Reform

Reduce discount 50%→25%, Community Levy. $14–19B/yr into CRF.

🏠
Points 8–9

Housing Supply

Foreign surcharge + HAFF expansion. 15–20K new affordable homes/yr.

🌿
Point 13

Carbon Growth

CGT exemption for SME ACCUs. $3–5B new green investment unlocked.

Reform Interaction Primary Mechanism Estimated Impact Linked Reform
CGT restructure → Housing affordability Reduced incentive for speculative investment property ownership; CRF funds 15–20K social homes/yr Median house prices 8–12% lower over 5 years (Grattan Institute modelling) Pt. 3Pts. 8–9
Foreign ownership surcharge → Construction stimulus $2.1B/yr surcharge revenue re-invested via HAFF into affordable housing construction grants ~15,000–20,000 new affordable dwellings per annum by 2028; 40,000+ construction jobs Pts. 8–9Pt. 3
Affordable housing supply → Reduced rental inflation Increased supply below $200/wk compresses rental market; reduces CPI rental component Rental CPI component reduced 1.2–1.8% over 3 years; welfare-to-work savings $400M+/yr Pts. 8–9 → fiscal
Carbon credit CGT exemption → SME green investment Removes double taxation on SME ERF participation; unlocks $3–5B annually from SMEs currently unparticipating Estimated 2–4Mt additional CO₂ abatement/yr; new ACCU supply drives down ACCU price for compliance buyers Pt. 13 → climate
Carbon revenue → Community energy cost reduction SME ACCU revenue re-invested in community solar/EV infrastructure; reduces household energy costs $300–500/yr per household energy savings in participating communities; reduces cost-of-living pressure Pt. 13Pts. 8–9
CRF fraud prevention → Grant efficiency FraudShield-AIT™ AI screening applied to CRF disbursements; eliminates grant fraud documented at $2.3B/yr by ANAO $2.3B in grant fraud savings recaptured annually; increased public confidence in reform Pt. 3 → governance

🧮 10-Year Fiscal Projection (Conservative)

Combined revenue impact of all three reforms over 10 years: $170–240B in cumulative CRF contributions (before investment returns). Against this, estimated fiscal cost of the carbon credit CGT exemption is $1.8–2.5B over 10 years — representing a fiscal return of approximately 80:1 across the integrated reform package.

Social return on investment (SROI) is substantially higher: the cost of housing 300,000 Australians in emergency accommodation, healthcare for housing-stress-related illness, and productivity losses from intergenerational inequality is estimated at $32–48B annually by the Australian Housing and Urban Research Institute (AHURI). A fraction of this avoided cost validates the entire reform package on fiscal grounds alone.

IP Portfolio Supporting These Recommendations

Every recommendation in this submission is supported by operational, deployable technology — not proposals requiring government development.

Carbon · ERF

GreenTrust-AIT™

ERF-registered carbon verification platform. 27,880t CO₂ verified methodology. GAC→ACCU conversion at $40/tonne. VCS, Gold Standard, ICROA compliant. Directly enables Point 13 carbon credit scheme at scale.

Identity · Credentials

SmartLicense-XT™

Blockchain-backed digital credentials platform. WIPO-validated. Issues tamper-proof tenancy agreements, trade licences, government entitlements, and property ownership records. Supports HAFF eligibility verification and foreign ownership tracking.

Fraud Prevention

FraudShield-AIT™

Live AI grant screening engine. ABN checksum, duplicate detection, entity age checks, amount anomaly scoring. Risk scoring 0–100. Deployable to ANAO, DHS, HAFF via API today. Directly prevents $2.3B annual grant fraud documented in ANAO reporting.

Affordable Housing

Eco 500™ Housing Platform

1 million homes across 8 national sites. $100–$150/wk, no deposit, universal eligibility. 6 BCA-certified Global Buildtech floor plans (6+ Star NatHERS). Designed for HAFF eligibility. The operational model for Points 8–9 housing recommendations.

Digital Currency

Selfix™ / $SFX Property Token

Live on Cronos blockchain. 1B supply backing 1M home pipeline. Transparent, auditable community asset tokenisation and revenue distribution. Enables the community co-operative ownership model central to the affordable housing recommendation.

Education · AI

eDAO Microlearning Platform

AI-powered adaptive learning for workforce capability. Issues SmartLicense-XT™ credentials on completion. Integrates with Eco 500™ community hubs. Supports workforce pipeline for construction and green technology industries.

Sherwin Aquino — Credentials & Recognition

SA
Sherwin Aquino
Founder & IP Architect · NeverMissed Licensed Trust · Gold Coast, Queensland
IP Developer ERF Carbon Methodologist Affordable Housing Architect Blockchain Infrastructure AI Ethics & Governance Policy Reformer
Sherwin Aquino is the founder and IP architect behind the NeverMissed Licensed Trust ecosystem — a portfolio of six operationally-deployed innovations spanning fraud prevention (FraudShield-AIT™), carbon credit infrastructure (GreenTrust-AIT™), digital identity (SmartLicense-XT™), digital property currency (Selfix™/$SFX), AI education (eDAO Microlearning), and affordable community housing (Eco 500™). Registered as a trading entity with ABN 13 684 528 443, Sherwin has passed two ATO compliance audits and received WIPO recognition across four IP evaluation categories, including 10/10 Conceptual Integrity and 10/10 Ethical Framework. He represents a class of Australian innovator who has built government-deployable infrastructure without government funding — and is now seeking formal partnership to scale these solutions nationally.
ABN
13 684 528 443
ATO Audits
2× Passed ✅
WIPO Conceptual
10 / 10
WIPO Innovation
9.5 / 10
WIPO Regulatory
10 / 10
WIPO Ethical
10 / 10
ERF Registered
27,880t CO₂
Location
Gold Coast QLD

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Available for written follow-up, in-person evidence sessions, or live technology demonstrations in Canberra or Gold Coast.

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