attended the discussions on CGT changes, as a potential step; reports indicate talks include revising the CGT discount, with inflation-based approach and varying rules for new versus existing properties that could touch investors and the housing market. Sources note says the government is considering CGT changes before the budget, amid pressure from Greens, unions, and economists. The items reflect debate and proposals, not finalised law, as of these reports. Chalmers described the first step in a ambitious tax reform package.
Treasurer Jim Chalmers has sparked a flurry of speculation that the Albanese Government might be plotting big changes to capital gains tax concessions in the upcoming Budget.
thenightly.com.auSeven years ago, proposed changes to CGT and negative gearing were named as part of the reason Labor lost the unlosable election. Times have changed.
www.abc.net.auThe move follows pressure from unions and economists.
7news.com.auTreasurer Jim Chalmers is plotting a Budget night tax sting, the Daily Mail can reveal.
www.dailymail.co.ukJim Chalmers described the legislation he introduced to the lower house on Thursday as the ‘first step’ in an ambitious tax reform package.
thenightly.com.au