SMH ·general ·1 hour ago

Government targets negative gearing, capital gains discounts to improve housing affordability

Australia's government announced budget measures targeting negative gearing and capital gains tax discounts on rental properties to address housing affordability for young people. Treasurer Jim Chalmers claimed the changes address "intergenerational unfairness," though the reforms will take years to take full effect due to grandfathering protections.

Summary by Glance · SMH

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