was seen at the discussions on CGT changes, as a potential step; reports indicate talks include reforming the discount, with inflation-linked approach and varying rules for new versus existing properties that could touch investors and the housing market. Sources note says the government is weighing CGT changes ahead of a budget, under pressure from greens, unions, and economists. These items reflect 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 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.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.
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.auTreasurer Jim Chalmers is plotting a Budget night tax sting, the Daily Mail can reveal.
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