With one sentence, treasurer drops major hint on $22 billion tax overhaul

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Source: 9News
Published: 2026-03-18 11:47 UTC+10:00
Section: National
Factuality Score: 100
Opinion Category: Neutral
Topics: Politics, Human Rights, Energy, Labour & Workers, Tax & Budget, Property & Housing, Business & Economy, Crime & Justice
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Snippet:
The federal government has dropped its two clearest hints to date that it is preparing to wind back the capital gains tax (CGT) discount for property investors in the upcoming budget.Yesterday, two Labor senators endorsed a parliamentary inquiry's report into the controversial tax break, which found the discount's design is flawed, distorts investment, benefits investors over first-home buyers, and can drive intergenerational inequality.And this morning, Treasurer Jim Chalmers left the door well and truly ajar when asked whether the May
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