SMH
·general
·1 hour ago
Albanese protects negative gearing investors as Dutton pledges tax cuts plan
Prime Minister Anthony Albanese personally insisted on protecting existing negative gearing investors amid backlash over the tax change, which critics say entrenches asset owners' wealth. Opposition leader Peter Dutton Taylor pledged a "generational" tax plan including indexing the lowest two tax brackets to inflation from 2028, delivering $1000 annually to average taxpayers.
Summary by Glance · SMH
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