The Guardian Australia – Business
·business
·2 hours ago
Australian government weighs capital gains tax changes to tackle housing affordability
The Australian government is considering changes to capital gains tax and negative gearing ahead of the upcoming budget, with proposals to limit negative gearing to two properties. This move aims to address housing affordability issues, reflecting a shift in political focus. Critics argue that changes to the tax system will not impact housing supply or rental prices.
Summary by Glance · The Guardian Australia – Business
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