appeared at the discussions on CGT changes, as part of a broader reform; sources say talks include reforming the discount, with an inflation-based approach and different treatment for new vs established properties that could touch investors and supply of housing. Sources note says the government is studying CGT changes prior to the budget, under pressure from greens, unions, and economists. The reports show debate and proposals, not finalised law, as of these reports. Jim Chalmers introduces the initial move in a comprehensive tax reform plan.
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.ukThe 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.
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.au