Negative gearing, capital gains tax and trusts explained simply

Australia's federal budget next week will reshape negative gearing, capital gains tax, and trust fund rules, policies Labor championed in 2019. The government frames the changes as helping young people enter the housing market, though details remain unclear. The top income earners received 83 percent of capital gains tax benefits in 2022-23, with proposals likely to prove contentious.

Summary by Glance · ABC News – Australia