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The CGT ‘backflip’ is more tweak than transformation. Labor hasn’t changed its mind on housing
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The CGT ‘backflip’ is more tweak than transformation. Labor hasn’t changed its mind on housing

The Guardian · Jun 18, 2026, 3:00 PM · Also reported by 2 other sources

Why this matters: a developing story that could shape the day's news cycle.

Do the concessions undermine the original objective of helping young Australians buy their own home? No Get our breaking news email, free app or daily news podcast. The noise, negative headlines and internet memes that have surrounded Labor’s capital gains tax changes since their budget night unveiling made a backdown feel like an inevitability.It wasn’t a question of if concessions would be offered but rather when and, most importantly, how much they might undermine the original purpose. Continue reading...

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