Australian Government Weighs Changes to Negative Gearing, Capital Gains Tax
Adelaide News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Australian government mulls over negative gearing and capital gains tax changes, despite promising otherwise during the election campaign. Treasury officials suggest limiting benefits for big investors and adjusting the capital gains discount. The government aims to boost new housing supply amid affordability crisis, but opposition figures argue these changes wont deliver houses and will hurt everyday savers. No decisions are imminent, but the government is considering a budget package to address the generational housing gap.
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