ALP ahead, page-65

Hi all,

Can someone please advise if clarify for me about Labour's proposed CGT changes and how this will affect existing stock investments? I have read numerous articles mostly referring to CGT in regards to property investment but not sure if/how this will affect existing share market investments.
Labour wants to reduce the Capital Gains Tax discount from 50% to 25% - even if stocks are held for more than 12 months?

Any help would be appreciated..