ABC News – Top stories
·general
·1 hour ago
Labor bets the house on young Australians' desperation to buy their own
Australia's Labor government overhauled negative gearing and capital gains tax rules Tuesday, reversing explicit pre-election promises to target housing affordability for young voters. Treasurer Jim Chalmers cited the severe housing crisis as justification, though the sudden policy reversal mirrors Labor's stage three tax cut U-turn.
Summary by Glance · ABC News – Top stories
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