was seen at the discussions on CGT changes, as a first step; reports indicate talks include adjusting the CGT discount, with an inflation-based approach and different treatment for new vs established properties that could impact investors and supply of housing. Another outlet says the government is considering CGT changes before the budget, under pressure from greens, unions, and economists. The reports show debate and proposals, not final law, as of the latest reporting. Chalmers described the ‘first step’ in a ambitious tax reform package.
Treasurer 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.auTreasurer 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.auThe move follows pressure from unions and economists.
7news.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.
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