By Adam Vidler
Publication Date: 2026-05-18 21:03:00
“Kudos to my silent business partner Anthony,” Michelle, owner of Cocobelle Beauty Salon, wrote on Facebook.
“Emphasis on silence. He’ll take 47 percent of the profits without ever answering the phone, changing treatment tables or performing a hydrafacial.”
An AI-generated photo of Michelle and Albanese accompanied the caption.
It’s one of many memes touting the same “47 percent value.”
The figure relates to changes to the capital gains tax relief introduced in the federal budget last week.
As part of the new measures, the 50% CGT discount will no longer apply, meaning…