7 News
·general
·11 hours ago
Government may revise capital gains tax discount amid housing affordability concerns
Speculation is mounting that the Australian government may alter the capital gains tax discount ahead of the federal budget. The 50 percent discount on profits from assets, in place since 1999, faces scrutiny as housing affordability pressures grow. Changes could significantly impact property investment incentives that have shaped the market for over two decades.
Summary by Glance · 7 News
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