The Age ·general ·2 hours ago

Labor’s budget promised reform, but delivered only half measures

Treasurer Jim Chalmers delivered Labor's second-term budget last night with mixed results on intergenerational reform. While tax changes restricting negative gearing and capital gains discounts show ambition, grandfathering existing investors undermines equity goals. Housing and university fee reforms fall short of promised overhaul, delivering incremental changes rather than transformative policy.

Summary by Glance · The Age

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