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Tax reform to open door to 75,000 first home buyers, government estimates
Key takeaways
- Anthony Albanese (centre) has confirmed tonight's budget will include property tax reform.
- An estimated 75,000 Australians would be helped into their first home under tax reforms to be included in today's federal budget, government modelling suggests.
- The flagged changes to the capital gains tax discounts and negative gearing have already prompted accusations of promise-breaking from the Coalition.
Why this matters: an international story with cross-border implications worth tracking.
Anthony Albanese (centre) has confirmed tonight's budget will include property tax reform. (ABC News: Matt Roberts)
An estimated 75,000 Australians would be helped into their first home under tax reforms to be included in today's federal budget, government modelling suggests.
The flagged changes to the capital gains tax discounts and negative gearing have already prompted accusations of promise-breaking from the Coalition.
Article preview — originally published by ABC Australia. Full story at the source.
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