Brisbane Times
·general
·2 hours ago
Albanese reverses election promises on negative gearing and capital gains tax
Australian Prime Minister Anthony Albanese is preparing to break campaign promises by winding back negative gearing and capital gains tax breaks in next week's budget, despite repeatedly ruling out such changes during the 2025 election. The tax reforms target property investment and family trusts to improve housing affordability for younger Australians.
Summary by Glance · Brisbane Times
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