The Guardian Australia
·general
·1 hour ago
Labor scales back capital gains tax and negative gearing reforms in budget
Australia's Labor government announced scaled-back capital gains tax and negative gearing changes in its 2026 budget, breaking earlier reform promises. Treasurer Jim Chalmers defended the retreat as necessary to address intergenerational inequality and tax fairness. Analysts debate whether the partial measures represent sufficient progress toward fairer taxation.
Summary by Glance · The Guardian Australia
Newer
Next
Loving doing this? 🎉
Take it further — get the full app and never miss a moment of what's happening in Australia.
Breaking news alerts
Instant lock-screen notifications the moment big stories break across Australia.
Australian news & events
Politics, sport, weather, local events — all in one swipeable feed, updated around the clock.
Stay ahead of the news cycle
30-second summaries so you're always informed, even on your busiest days.
Loading article…
This publisher's site can't be shown here due to their security settings.
Open full article →No source link available for this article.
✨
Ask AI