Negative gearing and capital gains tax reform – the budget unpacked
It was a budget framed around fairness for workers, and for young people locked out of the housing market.
Treasurer Jim Chalmers’ fifth budget restricts negative gearing – though not for anyone who was already doing it – while also promising to increase housing supply and deliver a $250 tax cut for workers.
Chalmers wants the budget to be seen as ambitious, but is it?
Today, press gallery journalist Karen Middleton discusses what the Treasurer is promising, and whether it delivers.
If you enjoy 7am, the best way you can support us is by making a contribution at 7ampodcast.com.au/support.
Socials: Stay in touch with us on Instagram
Guest: Press gallery journalist, Karen Middleton
Want to see more stories from The New Daily in your Google search results?
- Click here to set The New Daily as a preferred source.
- Tick the box next to "The New Daily". That's it.
