The Guardian Australia – News
·general
·2 hours ago
Coalition vows to repeal Labor's capital gains tax and negative gearing reforms
Australia's Coalition vowed Tuesday to repeal Labor's capital gains tax and negative gearing reforms if elected, setting up a major pre-election battle. Opposition leader Angus Taylor and shadow treasurer Tim Wilson pledged to reinstate more generous rules for property investors and those using trusts. The government announced the tax changes Tuesday as part of its budget package.
Summary by Glance · The Guardian Australia – News
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