attended the discussions on CGT changes, as part of a broader reform; sources say talks include reforming the discount, with inflation-linked approach and different treatment for new vs established properties that could impact investors and supply of housing. Sources note says the government is studying CGT changes prior to the budget, amid pressure from Greens, unions, and economists. The reports show debate and proposals, not finalised law, as of these reports. Chalmers described the legislation as the initial move in a ambitious tax reform package.
Treasurer 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.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.
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