appeared at the discussions on CGT changes, as part of a broader reform; reports indicate talks include adjusting the CGT discount, with inflation-linked approach and varying rules for new versus existing properties that could affect investors and supply of housing. A second report says the government is studying CGT changes prior to the budget, facing pressure from Greens, unions, and economists. The items reflect debate and proposals, not finalised law, as of these reports. Jim Chalmers introduces the ‘first step’ in a broader 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.auTreasurer Jim Chalmers is plotting a Budget night tax sting, the Daily Mail can reveal.
www.dailymail.co.ukSeven 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.auJim Chalmers described the legislation he introduced to the lower house on Thursday as the ‘first step’ in an ambitious tax reform package.
thenightly.com.auThe move follows pressure from unions and economists.
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