Chalmers does little to stop capital gains tax debate as budget looms
Seven 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.auappeared at the discussions on CGT changes, as a first step; media note talks include revising 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 studying CGT changes prior to the budget, under pressure from greens, unions, and economists. These items reflect debate and proposals, not enacted law, as of the cited reporting. Jim Chalmers introduces the first step in a ambitious tax reform package.