ABC News – Top stories ·general ·2 hours ago

Tax changes will 'kneecap' young Australians, Coalition says

The Coalition on Thursday vowed to block Labor's tax reform package, which restricts negative gearing and cuts capital gains tax discounts. Shadow Treasurer Tim Wilson said the changes would "kneecap young Australians" by increasing rents and reducing home construction by 35,000 dwellings. The government argues the reforms help first-time buyers access the property market.

Summary by Glance · ABC News – Top stories

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