SMH ·general ·1 hour ago

Confused by the federal budget? We answer your questions

Treasurer Jim Chalmers unveiled his fifth budget, breaking election promises with changes to negative gearing and capital gains tax to rebalance wealth distribution. The measures aim to improve home ownership for younger generations while discouraging investor activity. Tax offsets for millions of workers and shifts across generational cohorts feature prominently in the government's fiscal rebalancing strategy.

Summary by Glance · SMH

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