The Guardian Australia – News
·general
·1 hour ago
Treasurer Chalmers shields existing property investors from new capital gains taxes
Australian Treasurer Jim Chalmers said Tuesday that existing property investors likely will avoid additional taxes under planned capital gains tax changes in May's budget. Chalmers told the Commonwealth Bank podcast the government wants to "recognise decisions that people have taken in the past" and expects reforms won't generate substantial new revenue.
Summary by Glance · The Guardian Australia – News
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