What do the federal budget’s housing measures do for Australia’s ‘forever renters’?

Australia's federal budget reforms to negative gearing and capital gains tax represent "bold first steps" toward housing equity but won't help long-term renters afford homes, housing experts say. The changes, taking effect July 2027, are estimated to slow property price growth by just 2% and add only $2 weekly to median rents.

Summary by Glance · The Guardian Australia