SBS News – Australia
·australia
·2 hours ago
Treasurer Chalmers flags housing tax changes to help young property buyers
Australian Treasurer Jim Chalmers on Thursday flagged housing tax changes ahead of the May 12 budget, citing concerns about young people locked out of the property market. He declined to confirm speculation about capital gains tax or negative gearing modifications. The Commonwealth Bank predicts major CGT concessions will be reduced, though Chalmers cautioned not to expect significant new revenue.
Summary by Glance · SBS News – Australia
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