SMH ·general ·2 hours ago

How the tax changes impact property investors and first home buyers

Australia's Labor government restricted negative gearing and capital gains tax discounts to newly built properties from July 2027, while introducing a 30 percent minimum tax on family trusts. The changes, announced Tuesday, fund a permanent $250 annual tax offset for 13 million wage earners beginning July 2027.

Summary by Glance · SMH

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