ABC News – Top stories
·general
·3 hours ago
Labor considering ways to spare new homes from capital gains changes
Labor is considering tax reforms for new homes as part of its capital gains tax changes expected in May. Treasurer Jim Chalmers emphasized that the plan aims to ensure intergenerational fairness while addressing the housing crisis, with a potential 50 percent discount for new builds. The proposal could lead to an estimated 130,000 new homes over four years.
Summary by Glance · ABC News – Top stories
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