Treasurer Jim Chalmers says changes to Australia’s negative gearing and capital gains tax will be announced in the federal budget. Multiple reports state the package is intended to help younger people access home ownership, with the government estimating benefits for about 75,000 young people. Both outlets report that the measures relate specifically to negative gearing and the capital gains tax regime, though they do not provide further policy details in the excerpts. The announcements are scheduled for budget night. The reports present the government’s stated target outcome—that a new home will be within reach for eligible first-time or younger buyers—while acknowledging that the specific structure of the tax changes is yet to be released. Overall, the coverage centers on the upcoming budget measures and the government’s forecast of the number of people who would benefit, rather than on any enacted changes or parliamentary outcomes.
Chalmers to unveil budget tax changes on negative gearing, capital gains
Treasurer Jim Chalmers says changes to Australia’s negative gearing and capital gains tax will be announced in the federal budget. Multiple reports state the package is intended to help younger people...
- Treasurer Jim Chalmers says budget changes will be announced tonight.
- The proposed changes relate to negative gearing and capital gains tax.
- The government says the measures are intended to help around 75,000 young people get a home.
- Both reports describe the policy as an upcoming budget announcement rather than an already enacted measure.
Changes to negative gearing and capital gains tax will be announced in the budget tonight. The government says 75,000 young people will benefit with a new home.
3 months agoChanges to negative gearing and capital gains tax will be announced in the budget tonight. The government says 75,000 young people will benefit with a new home.
3 months ago
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