SMH
·general
·2 hours ago
Australia shifts tax burden to investors amid stalled productivity growth concerns
Australia's government announced budget measures to shift tax burden onto investors through negative gearing changes and a minimum tax on trusts, but critics argue it lacks long-term planning. The Coalition threatens to repeal the tax changes, while productivity growth remains stalled at 1.2 percent. Experts warn housing supply and broader reforms are needed to address voter concerns.
Summary by Glance · SMH
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