SMH ·general ·1 hour ago

Government breaks election promise, changes negative gearing and capital gains tax

Australia's Albanese government will unveil changes to negative gearing and capital gains tax concessions in the upcoming budget, breaking a pre-election promise to leave these housing investment breaks untouched. Treasurer Jim Chalmers said changes won't raise significant revenue initially and will include transitional support for current investors.

Summary by Glance · SMH

Newer
Next